“The public is advised to disregard this false information and desist from spreading unverified claims capable of causing unnecessary panic.

•Loan book size drops 20.3%, finance cost declines 52.8%   •Profit rebounds to N2.5trn  •Sector’s delinking from real economy, worrisome trend —Muda Yusuf  •Banks’ income may fall below expectations —Adonri  •This is fragile recovery —Egbomeade By Peter Egwuatu, Asst. Business Editor Against the backdrop of high interest rate regime, leading manufacturers have scaled down bank borrowings significantly. Details […]

By Steve Oko, Umuahia Survivors of police brutality and extra-judicial killings in Abia State have petitioned Governor Alex Otti over the non-payment of the N511 million compensation approved for them by the Abia State Judicial Panel of Inquiry. Police brutality had triggered the 2020 #EndSARS nationwide protests, which culminated in the shooting of protesters at […]

The Senator, representing Ogun West Senatorial District, Solomon Olamilekan Adeola has called for greater investment in tourism, as a strategic tool for accelerating Nigeria’s socio-economic development and strengthening national unity.

Justice Akintayo Aluko of a Federal High Court, Lagos, has issued an interim order freezing the bank accounts of Plural Oil Marketing Limited and two of its directors over an alleged indebtedness of N3.17 billion and $835,486.76 owed to Providus Bank Limited.

Convener South South Reawakening Group, SSRG, Joseph Ambakederimo, has enjoined the United States Congress to remove Miyetti Allah Cattle Breeders Association of Nigeria, MACBAN, from the country’s list of “Entities of Particular Concerns”, adding that MACBAN, should sensitize its members to embrace ranching as the new way to rear cattle.

By Cynthia Alo The Nigeria Customs Service (NCS), Port and Terminal Multiservices Limited (PTML) Command, said on Tuesday it intercepted a cocaine shipment worth N29.4 billion. Comptroller Joe Anani, Area Controller of the PTML Command, told reporters the drugs were discovered in an empty 20-foot container brought in from Freetown, Sierra Leone, during a routine disinfection […]

By Godwin Oritse The Seme Border Command of the Nigeria Customs Service (NCS) has intercepted a lion cub and two patas monkeys being transported illegally in a vehicle, in violation of national and international wildlife protection laws. In a statement issued by the Command’s Public Relations Officer, Chief Superintendent of Customs Isah Sulaiman, the NCS […]

By Peter Egwuatu  Fidelity Bank Plc has recorded a gross earning of N748,7 billion for the half-year ended 30 June 2025, H1’25,representing a 46% growth from N512.9 billion  recorded in the same period 2024, HI’24. Highlights of the financial results which was uploaded on the Nigerian Exchange Limited, NGX shows that the bank delivered robust results […]

By Godwin Oritse  The Organised Private Sector (OPS) represented by Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has welcomed the introduction of a N20 billion collective insurance bond backed by a consortium of insurers to replace the long-standing container deposit system in Nigeria’s maritime trade.  The new scheme, designed to protect international […]