DailyrecordNg …Nigeria's hottest news blog

…Twelve Banks Raised Over ₦2tn Ahead Recapitalization Deadline …SEC Approves 11 Merger & Acquisitions Worth Over ₦320.36bn Within a period of 16 months covering January 2024 and April 2025, the Securities and Exchange Commission approved the raising of N4.12tn by banks, insurance and other companies from the capital market. A …

In the petition submitted through her legal team led by Dr. Ehiogie West-Idahosa, SAN, Senator Akpoti-Uduaghan alleges that her safety, reputation, and political career are under attack in what she describes as a “malicious campaign of criminal defamation, cyber-stalking, conspiracy, and attempted assassination” engineered by the Senate President. Senator Natasha …

Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, recently held its 13th Annual General Meeting (AGM), where it presented its audited financial statements for the year ended 31 December 2024. The AGM highlighted a year marked by strong financial growth, operational resilience, and continued execution of the …

It is with great pleasure that I join you all for today’s KCOBA reunion Gala Celebration. I am truly excited to be here. Yesterday was my daughter’s graduation ceremony, and the initial plan was to spend two nights in Washington, but I had to seek my daughter’s leave to depart …

Yes, this is not the first time Alhaji Abdulsamad Rabiu, has rewritten the narrative of suffering in Nigeria’s markets. Nor is it the first time BUA Group has acted as an economic powerhouse and moral compass in a nation frequently staggered by profiteering and policy paralysis. From rice to cement, …

The EFCC initially filed an 11-count charge against Fayose and his company, Spotless Investment Limited, on October 18, 2018. Former Ekiti State Governor, Ayodele Fayose, has asked the Federal High Court in Ikoyi, Lagos State, to dismiss the N2.2billion fraud charge brought against him by the Economic and Financial Crimes …

Several media platforms have gone to town with the news of the Supreme Court ruling on a dispute between the defunct FSB International Bank and Sagecom Concepts Limited with some of them questioning the ability of Fidelity Bank (the judgement debtor) to make the payment. As the matter is still …

The Federal and Lagos State Governments have called on Nigerians to embrace the consumption of locally made products and invest in homegrown industries as a strategic move to strengthen the country’s Small and Medium Enterprises (SMEs) and drive economic diversification. Nigeria: Nigerian fashion This call was made on Monday during …

The effort by Lafarge Africa Plc to halt proceedings in the suit instituted against its plan to sell 83% of its shares to a foreign company in China has been rejected by the court. Justice Lewis Allagoa  of the Federal High Court in Ikoyi, Lagos, on Thursday rejected the motion …

  Fraud remains one of the most significant challenges facing the financial industry today. It spans various sectors, from banking to fintech, insurance, and capital markets, with ever-evolving tactics. This issue has been a repeated theme across most of the annual general meetings of banks attended over the last few …