Nigeria’s Net External Reserves rises 50.5% to $34.8bn- Cardoso
By Babajide Komolafe The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso has disclosed that the nation’s Net External Reserves rose 50.5 per cent, year-on-year, to $34.8 billion in 2025 from $23.11 billion in 2024. In a statement from the apex bank, Cardoso said that the growth in external reserves reflects stronger external […]
Court jails two people for 40 years for producing, distributing counterfeit drinks
By Chioma Obinna The Federal High Court in Lagos has convicted two men for producing and distributing adulterated and unregistered alcoholic beverages, sentencing them to a combined 40-year term of imprisonment in what authorities described as a major victory against counterfeit products in the state. The convicts, Otuorimuno Nelson Aziakpono, 58, and Ikegwuonu Davidson Ikechukwu, […]
Aradel Holdings Plc achieves ISO 45001:2018 Certification
By Sebastine Obasi Aradel Holdings Plc, Nigeria’s leading integrated indigenous energy company, has successfully attained the ISO 45001:2018 certification for its Occupational Health and Safety Management System, reinforcing the Company’s steadfast commitment to operational excellence and workplace safety. ISO 45001:2018 is an internationally recognised standard that specifiesthe requirements for an occupational health and safety management […]
Our special bond with London(2), by Eric Teniola
From last week continues the narrative tracing the history of how some past Nigerian leaders were hosted by the British Monarch after it emerged that President Bola Tinubu and his wife would similarly be hosted on March 18 in Windsor Castle instead of Buckingham Palace On that visit, he was accompanied by Alhaji Nuhu Bamali, […]
Executive Order and oil industry stability
The recent petroleum industry directive issued by President Bola Ahmed Tinubu has stirred a necessary national conversation about reform, transparency and constitutional balance in Nigeria. The order, titled: “Presidential Executive Order to Safeguard Federation Oil and Gas Reserves and Provide Regulatory Clarity, 2026” seeks to tighten remittance procedures for oil revenues, an intervention aimed at […]
Debate on African multilateral ratings presents opportunities
* As Afreximbank steps up with South Africa’s full membership By KEHINDE OLAOSEBIKAN There has been growing buzz over the past few weeks after Afreximbank cut ties with Fitch Ratings. Rather than relapse into emotions or unhelpful speculations to drive responses, it is both advisable and expedient to first look at the facts on the ground. […]
