By Babajide Komolafe United Bank for Africa (UBA), Redtech, and MoMo Payment Service Bank (PSB) have launched a payment interoperability partnership aimed at expanding cardless payment access for consumers and merchants across Nigeria. With the initiative, MoMo PSB customers can now make payments directly from their wallets at UBA merchant locations using the “Pay with MoMo” […]

Nestoil Limited yesterday rejected what it described as a coordinated campaign of blackmail allegedly driven by First Bank of Nigeria and its Chairman, following publications in The Guardian, The Nation, Leadership, Vanguard, Nairametrics, TheCable, and some other online platforms linking banks’ dividend suspension to a purported debt owed by the company.   The indigenous energy firm said […]

The Northern Ethnic Youth Group Assembly (NEYGA) has faulted the Socio-Economic Rights and Accountability Project (SERAP) over its reaction to Tuesday’s judgment of the High Court of the Federal Capital Territory (FCT), which awarded N100 million in damages against the organisation. The court also ordered SERAP to publish apologies in two national newspapers and on […]

The Forum of Former Members of the Enugu State House of Assembly (FOF-MENHA) has issued a strongly worded petition to South African President, Cyril Ramaphosa, demanding an immediate end to xenophobic attacks against Nigerians and other African nationals in South Africa.

By Okey Ibeke Since assuming office as Comptroller-General of the Nigeria Customs Service in June 2023, Bashir Adewale Adeniyi, in line with President Ahmed Tinubu’s Economic and Renewed Hope Agenda, has been intentional in pursuit of policies that repositioned the Service from a traditional revenue-collecting agency to a reform-driven institution. The policies, anchored on three pronged […]

By Mather Godwin Dangote Cement Plc has recorded a strong performance in the first quarter of 2026, growing its cement and clinker exports from Nigeria by 71.6 per cent, as the Group’s total installed production capacity reached 55 million tonnes per annum (MTA) across Africa. During the period under review, the company completed 10 clinker shipments […]

By Ike Uchechukwu, CALABAR Stakeholders in agriculture and environmental sectors yesterday urged urgent, coordinated action to combat rising deforestation and food insecurity in Cross River State. The call came at the second multi-stakeholder workshop on Participatory Integrated Landscape Approach under the GEF7 FOLUR-NG project, organised by the Food and Agriculture Organisation (FAO) in partnership with […]

By Emma Ujah,   Abuja Bureau Chief The Federal Government has initiated moves to settle outstanding obligations owed to local contractors, assuring that the process will be handled in a fair, transparent, and structured manner to rebuild confidence and support ongoing economic reforms. Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, gave the […]

The Nigerian Naira traded slightly firmer against the British Pound Sterling on Wednesday, May 6, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market amid gradual improvements in foreign exchange liquidity.

The Nigerian Naira recorded slight gains against the United States Dollar on Wednesday, May 6, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market amid improved forex liquidity and increased interbank activity.