Banks to lend at lower rates in 2026 – Ugo Obi-Chukwu Ugo Obi-Chukwu, CEO of Nairametrics, projects that Nigerian commercial banks will begin to lower interest rates on loans in 2026. This anticipated reduction, moving away from current high rates…
The cost of Point-of-Sale (PoS) terminals in Nigeria has skyrocketed, increasing by 30% to 100% within the last two years. Join our WhatsApp Community Try again without apps The cost of Point-of-Sale (PoS) terminals in Nigeria has dramatically surged by…
Tinubu Links NYSC Service to National Digital Repository (NERD). The National Education Repository and Databank (NERD) is a national digital platform established by the Nigerian Federal Government to store and manage academic works (projects, theses, final-year research) produced by Nigerian…
Nigerian Ports Overhaul: Customs Launches ‘One-Stop-Shop’ to Slash Cargo Clearance Time to 48 Hours Join our WhatsApp group The Nigeria Customs Service (NCS) has announced a major reform in port operations, launching a One-Stop-Shop (OSS) Initiative aimed at dramatically reducing…
Nationwide Strike: PENGASSAN Orders Shutdown Over Dangote Refinery Sacks Join our WhatsApp group The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has escalated its dispute with the Dangote Refinery, declaring an immediate nationwide strike over the dismissal…
Coleen, My Saviour: Wayne Rooney Reveals Wife Saved Him from Deadly Drinking Spiral English football icon Wayne Rooney has made a stunning and raw confession, stating that he believes he would be dead today if his wife, Coleen Rooney, had…
Ecobank Completes Strategic Exit from Mozambique, Sells Stake to FDH Bank Plc Join our WhatsApp Community Ecobank Transnational Incorporated (ETI), the parent company of the leading Pan-African Ecobank Group, has officially finalized its complete divestment from the Mozambican market. The…
Dangote Refinery Clarifies Reorganisation: Cites Sabotage, Dismisses Mass Layoffs The Dangote Petroleum Refinery, a strategic national asset in Nigeria, has publicly addressed reports of mass staff layoffs, clarifying that the ongoing action is a reorganisation of operations affecting only a…
“Nobody Can Stop Me!” – Mandy Kiss Fires Back at Guinness World Records After Controversial Rejection Join our WhatsApp community The attempt by adult content creator Mandy Kiss to set a Guinness World Record by “sleeping with 100 men in…
CBN reduces MPR to 27%: Implications for Loans, Inflation, and Economic Growth The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has lowered the Monetary Policy Rate (MPR) by 50 basis points to 27.00%, marking a significant shift to…
Dangote Sugar Hit 10% daily gain, ASI Slips for Fourth Consecutive Session Despite Banking Gains The Nigerian Exchange Group (NGX) closed trading on September 24 with the All-Share Index (ASI) extending its losing streak to four consecutive sessions. The ASI…
Billionaire investor Tony Elumelu is set to receive a combined N1.68 billion in dividend payments from United Bank for Africa. Join our WhatsApp group United Bank for Africa (UBA) following the bank’s interim payout of 25 kobo per share for…
Former Banker Sentenced to 8 Years for N120.5 Million Job Scam In a significant legal victory against fraud, a Federal Capital Territory High Court in Jabi, Abuja, has convicted and sentenced a former legislative aide and banker, Mr. Goni Yilkan,…
FIRS Reports Staggering N3.65 Trillion Revenue in September 2025 Join our WhatsApp group Nigeria’s federal revenue has soared to N3.65 trillion in September 2025, marking a remarkable 411% increase from the N711 billion recorded in May 2023. This monumental growth…
Zenith Bank’s “Blow Out” Profits Seplat’s $1 Billion Dividend Plan The latest episode of “Follow the Money with Ugodre” has shed light on some of the most significant developments in the Nigerian financial markets, providing a detailed look at the…