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Banks, insurers, others record 8.5% growth in GDP to N1.93trn

By Babajide Komolafe Financial institutions including banks and insurance firms recorded a 8.5 per cent growth in real Gross Domestic Product, GDP to N1.9 trillion in the first quarter of 2026, Q1’26 from N1.78 trillion in Q1’25. The National Bureau of Statistics, NBS disclosed this in its GDP report for Q1’26. The report showed that the   financial […]

PIGD to Plateau elite: Help grassroots understand Mutfwang’s ReBuild Plateau Agenda

The Plateau Initiative for Growth and Development, PIGD, has called on the elite class in Plateau State to take responsibility in explaining Governor Caleb Mutfwang’s development agenda and recent political realignment to people at the grassroots. In a statement issued by its National Coordinator, Nengak David, the group said Governor Mutfwang remains firmly on course […]

Cakasa Foundation advocates equal opportunities for every Nigerian child

By Esther Onyegbula Cakasa Ebenezer Foundation, the corporate social responsibility arm of Cakasa Nigeria Company Limited, has reaffirmed its commitment to the welfare and development of children in underserved communities with a colourful Children’s Day celebration for pupils in Mushin area of Lagos. The event, held at Papa Ajao Primary School Compound to commemorate the […]

NDIC reiterates commitment to strong deposit insurance funding 

By Babajide Komolafe The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to continuously strengthening its Deposit Insurance Funds (DIFs) as part of efforts to promote the stability and resilience of the nation’s financial system. The Managing Director/Chief Executive of the Corporation, Mr. Thompson Oludare Sunday, stated this during a courtesy visit to the Director-General […]

Maritime lawyers seeks stronger legal framework for NSW 

By Godwin Oritse The Nigerian Maritime Law Association, NMLA, has called for a robust legal and regulatory framework to ensure the successful implementation of the National Single Window, NSW, project in Nigeria. According to the association, the National Single Window initiative of the Federal Government is designed to improve operational efficiency through faster cargo clearance processes, […]

APC leader denies defection rumours, reaffirms loyalty to party

By Esther Onyegbula A chieftain of the ruling All Progressives Congress, APC, in Alimosho Local Government Area of Lagos State, Hon. Bisi Yusuf, has dismissed reports alleging that he was planning to defect from the party, insisting that he remains committed to the APC and its progressive ideals. Yusuf, a former Lagos lawmaker and Director-General […]

Nigeria, Türkiye move to strengthen mining operations with MoU signing

By Gabriel Ewepu Nigeria, Türkiye Deepen Mining Cooperation Through New MoU” The Federal Republic of Nigeria and the Republic of Türkiye have signed a Memorandum of Understanding (MoU) aimed at strengthening mining operations, deepening technical collaboration, and expanding investment flows between both countries in the solid minerals and energy sectors. “The MoU signed by the Nigerian […]

Credit to government surges 65.6% to N39.6trn

•As currency outside banks drops 12% to N5.08tr By Babajide Komolafe & Elizabeth Adegbesan Credit to the government rose by 65.6 per cent year-on-year, YoY, to N39.6 trillion in April 2026 from N23.9 trillion in April 2025, driven by increased borrowing to finance the 2026 budget deficit. The Central Bank of Nigeria, CBN, disclosed this in its […]

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