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CBN Heightens Oversight on Select Banks Amid Recapitalization and Post-Forbearance Era

Nigeria, June 18 -- As one of the measures to build stability in Nigeria's banking sector, the Central Bank of Nigeria (CBN) revealed that a closely defined subset of banks under regulatory forbearanc... Read More


Rising Hunger Crisis in Nigeria as Benue Battles Violence and Displacement

Nigeria, June 18 -- Nigeria's food security is also in jeopardy as Nigeria's breadbasket state, Benue State, is already beset by habitual violence, widespread displacement, and growing instability. N... Read More


Naira Firm Below N1600 as Dollar Drops on Global Worries and Oil Price Gain

Nigeria, June 18 -- The Nigerian naira was also historic in keeping its parallel market robust above the N1600 per dollar barrier, reflecting increased investor confidence in the domestic currency. T... Read More


Abia Launches 25-Year Plan to Transform Greater Aba into Economic Hub

Nigeria, June 17 -- Abia State is pioneering the lofty pursuit of rebranding the future of Greater Aba with unveiling a 25-year urbanization master plan. The master plan, created in conjunction with ... Read More


Trump Organization Enters Mobile Tech with New Smartphone Launch

Nigeria, June 17 -- The Trump Organization is stepping into new territory with a high-profile foray into the communications field. On Monday, the group announced it would launch its own mobile phone ... Read More


OpenAI Lands Historic $200M Deal to Provide AI Solutions for U.S. Defense

Nigeria, June 17 -- In its foray into national defense, OpenAI signed its first government contract with the United States Department of Defense for a $200 million contract to provide cutting-edge art... Read More


Trump Criticised for Suggesting Iran-Israel War May Come Before Peace Talks

Nigeria, June 16 -- United States of America's former president Donald Trump has generated global outrage with his recent remarks that a bloodstained armed conflict between Iran and Israel is possible... Read More


Rising Political Tensions: Trump Warns Elon Musk Over Democratic Allocations in Spending Bill Standoff

Nigeria, June 8 -- Former President Donald Trump issued a thinly disguised threat to tech mogul Elon Musk that if Musk supported Democratic senators who favor the Democratic opponents of the most rece... Read More


Nigerian Stocks Rally Past 114,000 as June Optimism Fuels Investor Confidence

Nigeria, June 8 -- Nigeria's equities market opened June in good standing with the All-Share Index (ASI) closing on Thursday, June 5, 2025, at an all-time high of 114,616.75 points. The rally is a so... Read More


Nigerian Stock Market Records N71 Trillion Gain Following Oil and Gas Sector Crash

Nigeria, June 5 -- Nigerian stock exchange continues its growth, closing above the N71 trillion threshold of total market capitalization. This is a testament to the demand for all sectors following th... Read More