Guaranty Trust Holding Company Plc generated GTCO foreign subsidiaries interest income of N262.58 billion across its West African, East African, and United Kingdom banking hubs during the first half of 2026. Official audited financial statements filed with the Nigerian Exchange…
Meta Chief Executive Officer Mark Zuckerberg saw $12.2 billion wiped from his personal net worth on Monday as Meta shares slide on AI spending concerns. Wall Street traders reacted sharply to the tech giant’s multi-billion-dollar capital expenditure plans. According to…
The Federal Ministry of Education has released the final approved textbook list for Nigerian schools spanning the 2026 to 2028 academic cycles. Consequently, education authorities have integrated unique QR tracking codes onto every single approved book cover. This digital tracking…
African airline seat capacity reached 13.89 million across the continent’s ten largest flight markets in September 2026. Official aviation data from OAG reveals that every single one of these top ten countries achieved positive year-on-year growth. Consequently, this collective expansion…
Nigeria’s overall subnational domestic debt growth reached N4.59 trillion at the end of June 2026. Official figures from the Debt Management Office show local obligations increased by N67.57 billion between March and June. Also read NMDPRA increases domestic gas price…
Petrol prices at MRS filling stations supplied by Dangote Refinery have dropped. A market survey conducted by DAILY POST on Monday showed that MRS stations in Abuja reduced their petrol price from N1,395 to N1,370 per litre. The adjustment represents…
Australia has announced a major Australian visa rules update aimed at tightening migration controls across multiple temporary visa categories. Home Affairs Minister Tony Burke outlined the reforms at the National Press Club in Canberra, detailing strict limits on international students,…
Nigeria’s subnational states domestic debt growth rose significantly in the second quarter of 2026. Official figures reveal that local obligations climbed by N67.57 billion. Consequently, total domestic debt across all 36 states and the Federal Capital Territory reached N4.59 trillion.…
A sweeping Nigerian seaport modernization plan has received official approval, paving the way for major infrastructure upgrades across regional maritime corridors. Minister of Marine and Blue Economy Adegboyega Oyetola confirmed that the program covers four existing ports outside Lagos, alongside…
CBN’s September OMO auctions drew massive investor interest, attracting N20.58 trillion in total subscriptions across four sales rounds . Despite initial offering targets totaling just N3.9 trillion, the Central Bank ultimately allotted N12.823 trillion to institutional and retail investors. Also read Nigerian…
The Federal Government has approved the full modernization and upgrade of the Onne port, Delta, and Calabar seaports. According to a statement shared on X by the Minister of Marine and Blue Economy, Adegboyega Oyetola, the approval expands upon the…
A strategic initiative driving MDGIF private gas investment in Nigeria has deployed N671 billion in seed capital to secure N1.6 trillion in private sector commitments. Executive Director Oluwole Adama revealed the milestone at the 2026 Association of Energy Correspondents Abuja…
A massive Seplat Energy share price surge pushed the stock to a record peak of N16,000 per share on the Nigerian Exchange Limited. Closing up N1,092.20 in a single trading session, the energy firm extended a remarkable rally that reflects…
Regulators are directing underwriters to prioritize NAICOM insurance claims technology and growth initiatives following the successful completion of the industry-wide recapitalization drive [1]. Speaking at the 2026 BusinessDay Insurance Conference in Lagos, Commissioner for Insurance Olusegun Ayo Omosehin urged insurance…
A successful Coronation Insurance capital injection in Nigeria reaching N9.2 billion has set the underwriter up to take on much larger corporate risks. Following a virtual Extraordinary General Meeting, shareholders backed a private placement to strengthen the firm’s balance sheet.…
