archive2025

...to restore stability and accelerate hrowth C-One Ventures Platform (C-One) today announced it has entered into an agreement to invest and acquire the licences, technology and select assets of the Nigerian operations of Bankly -a licensed microfinance bank and fintech leader known for bridging financial access gaps across Nigeria’s informal...

The presidency has reacted to insinuations in opposition circles that Nigeria’s democracy was currently threatened under the watch of President Bola Tinubu, and the country was tilting towards a one-party system. In a release, titled, “Democracy Strong And Alive in Nigeria,” signed by presidential spokesperson, Bayo Onanuga, the presidency dismissed accusations that the Tinubu government...

The Nigerian Economic Summit Group (NESG) has raised concerns that the 2025 budget falls short of meeting Nigeria’s critical social and infrastructure demands. In its latest publication, “2025 FGN Budget Analysis: Can the Budget Deliver a Major Economic Boost?,” the policy think tank highlighted persistent structural issues in the country’s...

The National Economic Council (NEC) has approved the establishment of a Cotton, Textile, and Garment Development Board, alongside new strategies for agribusiness expansion and livestock transformation initiatives to reposition Nigeria’s economy and tackle insecurity at its roots. The initiative is projected to generate up to $90 billion in economic value...

Justice Njideka Nwosu-Iheme of the Federal Capital Territory High Court sitting in Wuse Zone 2, in Abuja on Monday sentenced Peter Nwachukwu, husband of late gospel singer, Osinachi, to death by hanging. Nwachukwu was found guilty of culpable homicide resulting in the death of the deceased (his wife) on April...

Dear Distinguished Senate President Godswill Akpabio, It is with the deepest sarcasm and utmost theatrical regret that I tender this apology for the grievous crime of possessing dignity and self-respect in your most exalted presence. I have reflected extensively on my unforgivable failure to recognize that legislative success in certain...

• doubles down on its push for Free Bank Transfers After sparking a national movement with its Zero Transfer Fees campaign, Sterling Bank has once again pushed the boundaries of what corporate citizenship can mean to everyday Nigerians. Last week, regular Lagosians stepping out after long workdays were met with...

The Supreme Court has set aside a Federal High Court judgement in which over N22 trillion was awarded against Union Bank and other parties since 2014. The judgement arose from a suit instituted by a company known as Visana Nigeria Limited which claimed that Union Bank was indebted to it...

Lafarge Africa Plc, a leading innovative and sustainable building solutions company and manufacturer of a range of cement brands successfully held its 66th Annual General Meeting (AGM) in Lagos on Friday. The AGM, attended by shareholders, board members, and stakeholders, reviewed the company’s exceptional 2024 financial results and set the...

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has urged the Federal Government to target economic stimulus packages, increase investment in agriculture, and foster a predictable tax environment to tackle the projected rise in poverty. NACCIMA came out with this position following the forecast of the...