Kajuru abductions: PFN demands immediate rescue of over 100 kidnapped worshippers

By Ibrahim Hassan-Wuyo The Pentecostal Fellowship of Nigeria (PFN) has condemned the abduction of over 100 Christian worshippers in Kurmin Wali community, Kajuru Local Government Area of Kaduna State, describing the incident as a tragic setback to recent hopes of improved security in the state. In a press statement signed by its National Secretary, Bishop […]
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Bank customers’ complaints grow by 143%, as CBN resolves 9,771

By Elizabeth Adegbesan   The Central Bank of Nigeria,  CBN,   said it resolved 9,771 out of 10,704 bank customers’ complaints in the first half of the year (H1’25). CBN disclosed this in its latest  Financial Stability Report, noting that the number of complaints received in H1’25 grew by 143.3 percent year-on-year (YoY) from 4,398 complaints in H1’24.   […]

Banks, fintechs facilitate N162bn crypto, N18.7bn scam — EFCC

By Luminous Jannamike The Economic and Financial Crimes Commission (EFCC) has uncovered widespread compromise within Nigeria’s financial system, revealing that commercial banks, fintech companies and microfinance banks facilitated the movement of N162 billion in cryptocurrency transactions and   N18.7 billion in fraud proceeds without due diligence, facilitating scams that affected more than 900,000 Nigerians. The Commission said the […]

Nigerian shippers reject port fees hike, fear inflation

By Tunde Oso The National Shippers Association of Nigeria (NSAN) has rejected the recent increases in port service charges approved by the Nigerian Shippers’ Council (NSC), warning that the move could raise trade costs and aggravate inflation. Speaking to newsmen on Wednesday, after a maritime stakeholders meeting, the association said the upward review was flawed, […]

2026 Macroeconomic Outlook: EnterpriseNGR report presentation sees further stability

By Emeka Anaeto, Business Editor As Nigeria’s economic reforms enters its third year analysts have remained largely optimistic that a sustained policy measures would result in stability across key macroeconomic indicators. This was the major content in the 2026 EnterpriseNGR macroeconomic outlook launched yesterday in Lagos. Speaking on the outlook, Omotayo Muritala, Head of Research at […]

N4trn debt: FG bows to pressure, pays N152bn to contractors 

By Emma Ujah The Federal Ministry of Finance (FMF) has confirmed the payment of the sum of N152 billion to contractors out of the total debt estimated at N4 trillion, explaining that the delay in payment was due to the verification process. This came at the backdrop of the long standing protests by the contractors […]

Trump withdraws invite for Canada’s Carney to join ‘Board of Peace’

US President Donald Trump on Thursday withdrew an invite for Canada’s Prime Minister Mark Carney to join his newly constituted “Board of Peace.” “Please let this Letter serve to represent that the Board of Peace is withdrawing its invitation to you regarding Canada’s joining,” Trump posted on his Truth Social platform. Carney drew international attention […]

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