Nigerians spend more as air, ‘okada’ fares spike in February

Nigerians spend more as air, ‘okada’ fares spike in February

Nigerians faced higher commuting costs in February 2026 as airfares and motorcycle transport charges recorded notable increases, pushing overall transport expenses upward despite a slight drop in intercity bus fares, according to the National Bureau of Statistics (NBS).
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GTCO’s profit up 23.2% to N1.23 trn

GTCO’s profit up 23.2% to N1.23 trn

By Peter Egwuatu Guaranty Trust Holding Company Plc , GTCO, has recorded interest income of N1.622 trillion for the audited financial year ended December 31, 2025, up by 22.8%   from N1.321 trillion recorded in the corresponding period 2024. The company also declared a dividend of N12.76 per share for the financial year 2025. The results released […]

Benue: Guma LG Chair gifts monarchs vehicles, strengthens peace, devt

Benue: Guma LG Chair gifts monarchs vehicles, strengthens peace, devt

By Peter Duru, Makurdi The Executive Chairman of Guma Local Government Area, LGA, Maurice Orwough has presented vehicles to selected traditional rulers in the area as part of efforts to strengthen traditional institutions and enhance grassroots governance. The gesture, according to a statement by the Chairman’s Personal Assistant on Communication and Strategy, Ernest Tortiv, is […]

Dangote Refinery secures $4bn syndicated loan, Afreximbank underwrites $2.5bn

Dangote Refinery secures $4bn syndicated loan, Afreximbank underwrites $2.5bn

By Udeme Akpan The African Export-Import Bank has underwritten $2.5 billion of a $4 billion senior syndicated term loan for the Dangote Petroleum Refinery and Petrochemicals. A syndicated loan is a financing arrangement involving a large sum of money provided by a group of lenders. In a statement confirming the deal, Afreximbank disclosed that it […]

VICBHE graduates 1,403 ranking experts, unveils African university ranking system

VICBHE graduates 1,403 ranking experts, unveils African university ranking system

By Gift ChapiOdekina,Abuja The Virtual Institute for Capacity Building in Higher Education (VICBHE) has graduated 1,403 certified ranking professionals and launched the continent’s first indigenous African University Ranking System (AURS). Director, Peter Okebukola, disclosed this in a statement issued in Abuja, describing the development as a major milestone in Africa’s higher education evaluation. The graduation […]