IPOB gives FG 14 days to list Kanu’s appeal, threatens election boycott

The Indigenous People of Biafra, IPOB, has given the Federal Government 14 days to ensure that the appeal filed by its leader, Nnamdi Kanu, is listed and heard, threatening a total boycott of elections across Biafraland and beyond if the demand is not met. IPOB made the demand in a statement issued on Tuesday by […]
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OML 42: Nestoil targets improved oil production with $28m investment

Nestoil Group, yesterday disclosed that it has invested about $28 million in two drilling rigs as part of efforts to boost crude oil production and strengthen indigenous drilling capacity in Nigeria. The Group, in a statement, said through its strategic business unit, Scorpio Drilling International, it recently deployed the Pathfinder 500 rig to Oil Mining […]

Banks’ borrowing drops 89% to N126bn 

Banks’ borrowing from the Central Bank of Nigeria’s (CBN) Standing Lending Facility, SLF, declined by 89 percent to N126 billion in August 2026 from N1.19 trillion in July 2026, reflecting higher liquidity in the banking system. The CBN has two short term lending windows for banks: the      Standing Lending Facility (SLF) and Repo […]

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