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World Bank keeps Nigeria's 2025 growth forecast at 3.6%, cuts global outlook

Nigeria, June 12 -- The World Bank has maintained its projection that Nigeria's economy will grow by 3.6 per cent in 2025, even as it downgraded global growth expectations due to rising trade tensions... Read More


Aliko Dangote to retire as Dangote Sugar chair

Nigeria, June 12 -- Dangote Sugar Refinery Plc said its chairman, Aliko Dangote, will retire from the board on 16 June after nearly 20 years in the role. Two non-executive directors, Maryam Bashir an... Read More


TAJBank seeks N20 billion in second Sukuk Bond issuance

Nigeria, June 11 -- TAJBank, a non-interest bank in Nigeria, on Tuesday, signed a completion agreement for the second tranche of its N100 billion Sukuk bond programme. According to a statement by the... Read More


FCCPC launches taskforce to tackle fake, unsafe products in Abuja markets

Nigeria, June 11 -- The Federal Competition and Consumer Protection Commission (FCCPC) on Wednesday inaugurated a Joint Market Monitoring Taskforce (JMMT) to rid Nigerian markets of counterfeit and un... Read More


GTCO reshuffles board, appoints ex-CBN deputy governor as chair

Nigeria, June 10 -- Guaranty Trust Holding Company Plc (GTCO) has announced major changes to its board, including the appointment of Babatunde Soyoye as an independent non-executive director and Sulei... Read More


Why we withdrew criminal case against Fidelity Bank CEO - Official

Nigeria, June 9 -- The Attorney General of the Federation and Minister of Justice has withdrawn a criminal charge filed against Nneka Onyeali-Ikpe, managing director and chief executive of Fidelity Ba... Read More


CBN, Presidency unveil national framework to improve confidence in banks

Nigeria, June 3 -- The Central Bank of Nigeria and the Office of the Vice President have unveiled a draft of a framework aimed at rebuilding public confidence in the financial system and protecting ba... Read More


Kogi government announces payment of N98.8 billion debts

Nigeria, June 3 -- The Kogi State Government said it had cleared N98.8 billion in debts inherited from previous administrations, marking what officials described as a major step towards economic recov... Read More


ARCON to Investigate 9mobile over alleged N1 billion ad debt

Nigeria, May 31 -- Nigeria's advertising regulator has opened an investigation into 9mobile over an alleged N1 billion unpaid debt for advertising services, following two formal complaints from indust... Read More