Banks awash with excess cash amidst poverty
•As banking system liquidity surges 17% to N5.5trn By Elizabeth Adegbesan Amidst prevalent poverty in the country, Nigeria’s financial sector experienced a major injection of cash as the average net liquidity in the banking system surged to N5.53 trillion in May 2026. This represents a 17.16 per cent increase from the N4.72 trillion recorded previous […]
Oando supports development of African focused talent at Lagos Photo Festival
Oando PLC has partnered with the African Artists’ Foundation (AAF) to promote African art and socio-economic diversification through the month long Lagos Photo Festival.
Deutsche Bank subpoenaed for Trump-related documents
Germany’s Deutsche Bank has subpoenaed for documents related to its business dealings with Donald Trump, as part of the probe into possible collusion between the US president’s campaign and Russia, a source close to the matter confirmed to AFP Tuesday.
Fuel scarcity: Senate summons NNPC GMD, to conduct nationwide inspection of filling stations
The Senate Committee on Petroleum Downstream says plans have been concluded for it to conduct nationwide inspection of filling stations over recent fears of fuel scarcity in the country.
Grand cereals excites consumers at Lagos international trade fair
Integrated foods giant, Grand Cereals Limited, has continued to inspire brand loyalty and acceptance from consumers feed-back at the just concluded Lagos International Trade Fair.
SEC crisis: Reps ask Finance Minister, to maintain status quo on Gwarzo
House of Representatives on Tuesday resolved to probe all allegations of corruption in the Security and Exchange Commission, SEC which led to the suspension of its Director-General, Munir Gwazo by the Minister of Finance, Kemi Adeosun.
