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Following the recently held Court-Ordered Meeting and subsequent overwhelming endorsement, the merger and business combination between Unity Bank Plc and Providus Bank Limited remains firmly on course. Analysts appraising the ongoing recapitalisation programme believe that the regulatory backing and shareholders’ support for the merger represent the most important milestones for …

Joseph Tegbe, Chairman of the National Tax Policy Implementation Committee (NTPIC), has emphasized that the success of Nigeria’s recently enacted tax reform framework will rely less on the ambition of its legislation and more on the discipline of its execution. Speaking at the 2026 Leadership Retreat of the Nigeria Revenue …

A TAJ bank staff member has been jailed for N22.35m fraud NewsRain Nigeria reports that an employee of TAJ Bank Limited, Janet Theophilus Danjuma, has been sentenced to five years in a correctional centre without an option of fine by a court in Kano State for investment fraud to the …

The Management of Zenith Bank Plc has advised the public to disregard videos circulating online linking the bank’s Group Chairman, Dr Jim Ovia, as endorsing an investment scheme known as Wealth Bridge. The bank issued the warning in a disclaimer statement on Tuesday signed by its management addressed to debunk …

The Naira appreciated to N1,337 per dollar at the official foreign exchange market on Tuesday, up from N1,344 recorded on Monday. This is according to data from the Central Bank of Nigeria’s (CBN) website on Tuesday. The latest figures show the naira posting its strongest official closing rate since May …

The federal government will discontinue the salaries of unverified federal civil servants from March 2026 as it concludes its personnel audit and skills gap analysis. The directive was contained in a memo issued by the office of the head of the civil service of the Federation and signed by Didi …

  The National Assembly on Tuesday approved the electronic transmission of election results but retained manual collation as a backup, triggering protests, a walkout by opposition lawmakers and heated debates in both chambers ahead of the 2027 general elections. What should have been a routine legislative correction to the Electoral …

Saudi Arabia on Tuesday officially announced the sighting of the crescent moon, marking the beginning of Ramadan 1447 AH. With the Hilal confirmed, the holy month of Ramadan will begin on Wednesday, February 18, 2026, while Taraweeh prayers will be observed after the Isha prayer on Tuesday night. A post …

The Federal Government has announced plans to subject the proposed $6.2 billion acquisition of IHS Holding Limited by MTN Group to a comprehensive regulatory review, citing the critical role of telecoms infrastructure in Nigeria’s economy and national security architecture. This was according to a press statement by the Minister of …

Rotimi Amaechi, former minister of transportation, has alleged that National Security Adviser Nuhu Ribadu is positioning himself for the 2031 presidential race. Recall that the allegations come amid heightened political tension following claims by El-Rufai that his phone was being monitored, a development that has triggered public debate over surveillance …