By Babajide Komolafe The Central Bank of Nigeria, CBN, yesterday, said that the Composite Purchasing Managers’ Index, PMI, rose  to 56.4 points in November, marking the twelfth consecutive month of expansion in economic activity. According to the PMI report for November released by the apex bank on Monday 29 out of 36 subsectors surveyed expanded during […]

First City Monument Bank (FCMB) has been named Nigeria’s ‘Best SME focused Bank’ for 2025 by the Chartered Institute of Bankers of Nigeria (CIBN). This recognition comes as FCMB holds a leading 24% share of the banking industry’s ¦ 1.8 trillion total SME disbursement for 2024. The award was presented at the 60th Annual Bankers Dinner […]

By Obas Esiedesa, Abuja The Federal Government, yesterday, unveiled 50 oil and gas blocks for bidding, targeting about $10 billion in fresh investments and an additional 400,000 barrels per day in national production. In the long term, the government hopes to deliver 10 billion barrels of oil over the next decade. Announcing the bid round in […]

Ugbarajo Itsekiri Youths (UIY), the apex youth body in Warri Kingdom, has congratulated a distinguished son of Kingdom, Air Vice Marshal S.O. Eyekosi, on his recent elevation to the rank of AVM in the Nigerian Air Force.

•As non-oil sector contributes 96% By Elizabeth Adegbesan Nigeria has recorded growth  at 3.98% in its Gross Domestic Year-on-Year (YoY). It went up significantly to 4.23% in the second quarter of 2025 (Q2’25) and now reversing to 3.98% in Q3’25. On Quarter-on-Quarter (Q-o-Q) reversal in economic growth rate, the National Bureau of Statistics, NBS, yesterday, put […]

THE Civil Society Organisation on Community Advancement and Humanitarian Empowerment Initiative, CSCHEI has urged President Bola Tinubu deepen Nigeria’s diplomatic capacity by appointing more career diplomats from the Ministry of Foreign Affairs to strategic international roles.

FORMER Chief of Defence Staff, CDS, Gen. Lucky Irabor (retd.), yesterday, disclosed that some politicians in the country are exploiting and even fuelling insecurity to gain political advantage, warning that Nigeria’s security challenges are far too complex to be attributed to a single cause. Irabor made the disclosure during an interview on Channels Television on […]

By James Ogunnaike Abeokuta—The Ogun State Police Command has launched a manhunt for the six Lagos-based real estate marketers, who were abducted while on an inspection visit to a landed property in Oyebola village, located in Obafemi-Owode Local Government Area of the state. It was gathered that the marketers had travelled to the community on […]

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,470 per dollar in the parallel market from N1,476 per dollar last weekend. However, the naira depreciated to N1,450 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira rose to […]

Gov. Babagana Zulum of Borno on Monday said the Boko Haram conflict was not a religious crisis as portrayed by some group. The governor stated this while addressing the leadership of the Muslim and Christian faith in the state, where he called for reconciliation and harmony among the diverse people of the state. “The Boko […]