The Central Bank of Nigeria (CBN) has revealed that 32 Nigerian banks have met the revised minimum capital requirements under its ongoing recapitalisation programme, marking a...
The Nigerian Communications Commission (NCC) has unveiled a new regulatory initiative, the Telecommunications Identity Risk Management System (TIRMS), aimed at bolstering digital security and...
Nigeria has made an emphatic declaration of its arrival as Africa’s fuel supplier, with the Dangote Petroleum Refinery exporting 456,000 tonnes of refined petroleum products equivalent...
Air Peace, West Africa’s leading airline, has announced the resumption of monthly direct flights connecting Lagos to the Caribbean, specifically Barbados, via Antigua. The...
The Nigerian Communications Commission (NCC) has reaffirmed its determination to leverage its mandate to expand broadband access to underserved communities, describing it as central...
Nigeria recorded total capital importation of $6.44 billion in the fourth quarter of 2025, marking a 26.61% year-on-year increase from $5.09 billion in the...
The Federal High Court sitting in Lagos has nullified the decision by the Central Bank of Nigeria (CBN) to dissolve the board and management of Union...
Africa’s largest refinery is operating with less than half the crude oil it needs from Nigeria’s state energy company, forcing it to source expensive imports...
Nigeria’s persistent electricity crisis has once again come under scrutiny, with experts describing the country’s ability to generate only about 4,000 megawatts (MW) for...
A massive fraud involving over N3.09 billion siphoned from customer accounts at First City Monument Bank (FCMB) has brought to light serious vulnerabilities in the bank’s...