Despite the allocation of about N32.88 trillion to defence in the last 15 years — representing roughly 12.5 per cent of the N262.834 trillion national budgets within the period — Nigeria remains trapped in protracted insecurity.

By Elizabeth Adegbesan A Central Bank of Nigeria, CBN, survey has showed that 42.7 percent of respondents perceived interest rates on bank loans to be high in the past three months. This formed the key highlight of the apex bank’s Consumer Expectation Survey report for February 2026. The respondents made this remark when asked how the […]

US President Donald Trump on Wednesday threatened to destroy Iran’s key South Pars gas field if there were further attacks against Qatar’s main gas plant.

By Rosemary Iwunze As the conflict involving United States, Israel and Iran escalates in the Middle-East, Nigeria insurance industry may face rising reinsurance costs. Commissioner for Insurance, Mr. Olusegun Omosehin, who disclosed this, noted that the crisis could trigger rising claims globally, leading to higher reinsurance pricing. The development, according to Omosehin, would inevitably affect Nigerian […]

Okonkwo described the trip as an act of disrespect to the victims and soldiers killed in the attacks.

First 15 aspiring sports journalists selected for IOC Young Reporters Programme at Dakar 2026 Fifteen aspiring sports journalists from around the world have been selected to take part in the IOC Young Reporters Programme during the Dakar 2026 Youth Olympic Games (YOG). The selection follows strong global interest in the initiative, with 271 applications received […]

United Bank for Africa (UBA) Plc, has reiterated its commitment towards building tangible economic bridges and strengthening diaspora-driven investment into Nigeria. UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, stated this while hosting representatives of the Nigerians in Diaspora Commission (NiDCOM) led by its Chairman/CEO, Hon. Abike Dabiri, at the bank’s UK office earlier in the […]

Another Sunnah is eating a light meal before going for the Eid prayer. This differentiates Eid from the daily fasts of Ramadan and celebrates the blessings of Allah.

By Babajide Komolafe Governor of the Central/ Bank/ of/ Nigeria (CBN), Mr./ Olayemi/ Cardoso, has said that Nigeria’s recent monetary and financial-sector reforms have built a stronger capacity to withstand external shocks and restored confidence in the economy. Speaking at the Africa/ Capital/ Forum in London on Tuesday on the sidelines of President/ Bola/ Ahmed/ Tinubu’s […]

President of the Abuja Chamber of Commerce and Industry (ACCI), Chief Emeka Obegolu, has lauded the resilience of businesses in the Federal Capital Territory, calling on government to improve the business environment through policies that enhance ease of doing business and access to finance.