CBN suspends dividends, bonuses, and foreign investments for banks under regulatory forbearance
The Central Bank of Nigeria (CBN) has issued a fresh directive instructing banks operating under regulatory forbearance to suspend dividend...
SanlamAllianz begins operations in Nigeria to boost insurance and financial services access
SanlamAllianz has officially launched its operations in Nigeria, marking a significant step toward improving access to insurance and financial services...
Dangote names road to its mega petroleum refinery after President Tinubu
The Chairman of the Dangote Group, Aliko Dangote, has announced that the road leading to the state-of-the-art Dangote Petroleum Refinery &...
Lagos raises alarm over dangerous occupation of uncompleted buildings, vows enforcement
The Lagos State Government, through the Lagos State Physical Planning Permit Authority (LASPPPA), has raised concerns over the increasing trend...
ABCON says June 3 recapitalization deadline for BDC operators remains unchanged
Bureau De Change (BDC) operators under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) say that...
Imo State rises as gas powerhouse as ANOH plant commences production in July 2025
Imo State is poised to become one of the country's largest gas producers with the commencement of production from the...
TotalEnergies exits Bonga Oilfield, sells stake to Shell for $510 million
French oil giant TotalEnergies has announced that its Nigerian subsidiary has agreed to sell its non-operated 12.5% interest in the OML118 Production...
Lagos spent N8.5 billion on festivals, events in one year – Commissioner
The Lagos State Government has revealed that it spent about N8.5 billion to sponsor over 143 festivals and events within...
Lagos gives traders, mechanics under Marine Bridge 48-hour ultimatum to vacate
The Lagos State Government has given a 48-hour ultimatum to motor boys, their drivers, traders and operators of mechanic workshops...
Why I invested N320bn in First Bank – Otedola credits Tinubu, Cardoso reforms
Chairman of First Holdco Plc, Femi Otedola, has credited President Bola Tinubu’s economic reforms and the Central Bank of Nigeria’s...
