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Federal Government has cancelled $717.7 million in undisbursed World Bank intervention financing designed to revive Nigeria’s struggling electricity sector. The cancellation followed a formal request by...

Fidelity Bank Plc recorded 37.9 per cent growth in gross earnings to N434.95 billion in first quarter 2026 as the international commercial bank continued to expand...

Coscharis Technologies Limited, a leading Information Technology distribution company in the Sub-Saharan African market, in collaboration with Huawei, has officially launched the innovative Huawei IdeaHub S3...

National Broadcasting Commission (NBC) has unveiled a new “Big Picture” strategy aimed at achieving full nationwide Digital Switch-Over (DSO) by December 31, 2028. DSOis designed to provide...

Nigeria Inter-Bank Settlement System Plc (NIBSS) has sued 19 commercial and microfinance banks, over N13.66 billion allegedly lost to unauthorized transfers following a major glitch on...

Nigeria has retained its position as the third-largest borrower from the International Development Association (IDA), the concessional lending arm of the World Bank, despite a slight...

Nigeria Civil Aviation Authority has suspended plans to enforce its proposed “no pay, no service” policy against domestic airlines owing statutory charges, following consultations with operators...

There is a particular genre of financial commentary that mistakes legal process for a factual verdict. A court delivers a first-instance ruling, procedural questions are raised,...

By Blaise Udunze Nigeria’s banking industry appears to be booming, largely driven by the policies of the Central Bank of Nigeria (CBN), under Governor Olayemi Cardoso,...

Federal High Court has ordered the Ministry of Finance to disclose the total amount paid under the $460 million Abuja CCTV loan, the identities of local...

Nigeria Civil Aviation Authority (NCAA) has placed 11 domestic airlines on its updated “No-Pay-No-Service” list over unpaid statutory charges, a move that could affect the renewal...

Legend Internet Plc has announced the full and timely repayment of its Series 1 Commercial Paper under its N10bn multi-layered issuance programme, marking a key milestone...