The headquarters of the Federal Mortgage Bank of Nigeria, FMBN, located in the Federal Capital Territory, Abuja is currently engulfed in flames. Witnesses stated that the fire began on the fourth floor of the structure. An eye witness, Anthony Ameh,…
The Independent National Electoral Commission has begun publishing the personal information and academic credentials of 2027 presidential candidates. According to the commission, officials launched this initiative so Nigerians can examine the documents and challenge any candidate’s qualification if they find…
External buffers providing cushion for the domestic currency recently experienced a temporary drawdown following weeks of continuous growth. According to official foreign exchange tracking data reported by Nairametrics, a Nigeria foreign reserves drop of $114 million occurred within seven days…
Navigating foreign exchange decisions requires keeping a close watch on international market dynamics and domestic dollar availability. Reflecting ongoing trade pressures across official and commercial trading windows, the naira exchange rate against British pound settled at N1,834 during early Friday…
The US military executed a heavy wave of strikes on Iran on Thursday in retaliation for Tehran’s bombing of American sites in Jordan, as hostilities resumed in the Middle East war after a nearly week-long pause. The renewed hostilities have…
Femi Otedola, First HoldCo’s chairman, purchased 1.77 billion shares of the financial institution through his investment vehicle, Calvados Global Services Limited. According to a corporate filing from the Nigerian Exchange (NGX), Otedola acquired the First HoldCo shares for N222.20 billion…
Protecting customer deposits against sophisticated digital fraud requires constant surveillance across modern payment channels. Strengthening security across electronic settlement systems, commercial lenders expanded the Nigerian banking sector fraud watchlist, blacklisting 13,117 unique Bank Verification Numbers. The recent update marks a…
Maintaining currency stability requires strict monetary control and sustained foreign exchange liquidity. Demonstrating the impact of recent policy measures, the local currency strengthened against the euro in official trading, showing how CBN high interest rates steady naira trading levels across…
Holding global energy corporations accountable requires transparent disclosure regarding historical industrial pollution. Freshly disclosed corporate records disclosed during United Kingdom legal proceedings have renewed scrutiny surrounding Shell Niger Delta environmental liabilities, shedding light on internal corporate warnings over aging pipelines…
The Army chief, Lieutenant General Waidi Shaibu has approved the appointment of General Officers Commanding for newly created Nigerian Army divisions as the military expands its command structure to bolster operations nationwide. The appointments follow President Bola Tinubu’s approval to…
The Oyo State Government has accepted the delivery of two long-awaited security surveillance aircraft. The aircraft, which arrived at Samuel Ladoke Akintola Airport on Tuesday, are expected to strengthen aerial surveillance, intelligence gathering, and rapid security response across Oyo State…
Israeli PM, Benjamin Netanyahu will meet US President Donald Trump at the White House on Tuesday for the first time since the Iran conflict began—a war over which the two leaders have publicly disagreed. While relations between Netanyahu and Trump…
Building a self-sustaining national economy requires making commercial credit accessible while unlocking agrarian productivity. Speaking at an annual leadership gathering in Abuja, opposition leader Peter Obi called for urgent policy reforms, proposing an agriculture interest-rate policy aimed at tackling inflation, supporting…
Nigerian-British-born boxer Anthony Joshua hit the canvas twice in the opening round of his fight with Kristian Prenga. For a moment, it looked like another nightmare, but then he got up; he shook it off, and he ended the fight…
Fresh Benue herdsmen attack in the Ohimini Local Government Area of Benue State has left multiple individuals feared dead and more than 30 people unaccounted for following repeated incursions by suspected armed herdsmen. Reports from sources indicate that the assailants…
