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The Nigerian naira experienced a market-wide rally on Tuesday as foreign transactions and import payments eased. The Central Bank of Nigeria (CBN) has been funding rising demand for US dollars amidst a sustained decline in FX inflows. FX data published today showed that the naira strengthened by 0.45% to ₦1,449.99/$ …

BY BLAISE UDUNZE By any standard, Nigeria’s ongoing bank recapitalisation exercise is one of the most consequential financial sector reforms since the 2004-2005 consolidation that shrank the number of banks from 89 to 25. Then, as now, the stated objective was stability to have stronger balance sheets, better shock absorption, …

Stanbic IBTC Bank, a member of Standard Bank Group and one of Nigeria’s foremost financial institutions, reaffirmed its deep commitment to the nation’s creative economy by serving as a key partner of ‘An Evening of Fashion, Art & Lifestyle’, an exclusive celebration of African luxury fashion and contemporary art. The …

…Ogun Speaker urges wealthy Nigerians to emulate Dangote Celebrating the atmosphere of conviviality in which the company operated during the outgoing year, Dangote Cement Plc, Ibese Plant has reinforced its dedication to sustainable development and inclusive progress with strong emphasis on education, healthcare, infrastructure, and empowerment programmes for its host …

The Kano State Government on Wednesday officially unveiled the Cycling Kano 2025 jersey ahead of the highly anticipated cycling event scheduled for Saturday December 20, reaffirming the administration’s commitment to sports development, youth engagement, and the promotion of healthy living across the state. The unveiling ceremony, held at the office …

By Abiodun Alade Within the space of 48 hours, Aliko Dangote offered Nigeria a rare demonstration of what leadership looks like when power is exercised with responsibility and consequence. First came the announcement of a N100 billion annual education support programme — a decade-long N1 trillion commitment projected to keep …

The Nigerian Content Development and Monitoring Board (NCDMB) says its Nigerian Oil and Gas Parks Scheme (NOGAPS), established to boost local manufacturing through shared infrastructure and embedded power solutions would be inaugurated in 2026. Dr Abdulmalik Halilu, Director, Corporate Services, NCDMB disclosed this on Monday in Abuja while presenting an …

  Prominent Nigerians, including renowned banker and philanthropist, Alhaji Abdulfatai Akin Kekere-Ekun, OFR, were on Saturday,December 13,2025 inaugurated as members of the Board of Trustees of the newly established Ansar-ud-Deen Foundation. The colourful inauguration ceremony took place at the MUSON Centre, Onikan, Lagos, and was attended by top Islamic scholars, …

The naira rallies across foreign exchange markets on Monday as the Central Bank of Nigeria (CBN) strengthens the US dollar supply with $250 million amidst a 15% FX inflows reduction. Forex market liquidity suffered a pullback which cost the naira N3 per dollar transaction last week, with data showing that …

… Says petrol pump price to fall below N740 per litre before Christmas     President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has called for an investigation and prosecution of the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr Farouk Ahmed, accusing …