According to him, the implications of the judgment extend beyond the fortunes of the ADC and touch on the credibility of the nation’s judicial system.

•Mandates beneficial ownership disclosure •Sets 25% threshold, 15% cross-market cap •Compliance deadline set for Dec. 31, 2026 By Babajide Komolafe The Central Bank of Nigeria, CBN, has directed banks, fintechs and other operators in the payments ecosystem to store all payment transaction data generated in Nigeria within the country, while also introducing measures to curb […]

FCMB Group Plc has recorded an 81 per cent increase in its Profit Before Tax, PBT, which hit N202.1 billion in 2025 full financial year from N111.9 billion recorded in 2024. The company disclosed this in its audited financial results for the year ended December 31, 2025 released yesterday alongside its unaudited results for the first […]

FirstBank Nigeria yesterday announced that FirstAdvance, its flagship salary backed digital loan product, has hit a milestone of N1 billion daily disbursement.  The bank, in a statement, said that the feat underscores its commitment to delivering innovative, accessible, technology-driven financial service solutions to its customers. “FirstAdvance is a convenient loan offering for salary earners, that enables […]

By Progress Godfrey Galaxy Backbone Limited (GBB), Nigeria’s information technology and shared services provider, has said that the country must take a leading role in shaping emerging technologies rather than consuming global innovations. The Managing Director of GBB, Professor Ibrahim Adeyanju, said this yesterday at a press conference in Abuja to kick off the company’s 20th […]

The traditional ruler of Olayinka community in Ifelodun Local Government Area of Kwara State, Oba Salman Aweda, who was kidnapped from his palace by terrorists on April 17, 2026, has been confirmed dead after payment of N18 million ransom, out of the N21 million demanded.

•Provides benchmark for pricing loans, deposits By Emma Ujah, Abuja Bureau Chief  The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday, launched the Nigerian Overnight Financing Rate (NOFR), to guarantee greater transparency in the financial market. The NOFR is a daily benchmark interest rate introduced by the CBN in collaboration with […]

Presidential aspirant and development advocate, Mohammed Hayatu-Deen, has called for an urgent nationwide response to Nigeria’s deepening security and economic crises, warning that the country risks a dangerous descent into lawlessness unless decisive action is taken.

By Emma Nnadozie Kamdi Okeke, a 21-year-old Nigerian student, graduated summa cum laude from Drexel University on June 11, 2026, earning a Bachelor’s degree in Biomedical Engineering with a 3.95 GPA. His academic performance placed him among the top graduates in his programme and earned him first-class honours with the highest distinction. In addition to […]

By Progress Godfrey Nigeria’s headline inflation rate has gone up again, the third consecutive month, in May 2026, hitting 15.93 percent. The National Bureau of Statistics, NBS, announced the increase in its latest consumer price index (CPI) report released yesterday. The report stated: “On a year-on-year basis, the Headline inflation rate rose to 15.93%, up […]

According to him, countries that maintain diplomatic relations with Nigeria respect the country and will receive its accredited representatives in due course.

The Nigerian naira traded mixed against the British pound sterling on Tuesday, June 16, 2026, across the official Nigerian Foreign Exchange Market (NFEM) and the parallel market.

The Nigerian naira traded relatively stable against the United States dollar on Tuesday, June 16, 2026, at both the official Nigerian Foreign Exchange Market (NFEM) window and the parallel market.

kingpins by the National Drug Law Enforcement Agency, NDLEA, and forfeited to the agency, through court processes, for the sum of N6.148 billion.

Abdullahi also reacted to a Federal High Court ruling directing the Independent National Electoral Commission (INEC) to deregister the ADC and four other political parties.