News

₦4.66trn Liquidity Surplus Eases Bank Funding Pressure As Overnight Rate Falls

System liquidity increased from ₦3.6 trillion in the previous week, supported largely by banks’ placements at the Central Bank of Nigeria’s Standing Deposit Facility and inflows from maturing securities.

Climate Inaction Costs World $1.5trn Every Year – UN Warns

The annual loss is equivalent to about 0.5 percent of global GDP, while every $1 invested in tackling both problems together could generate around $15 in economic benefits, the report found.

30 Million Users: FairMoney Bets On Digital Banking To Deepen Financial Inclusion In Nigeria

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The Central Bank of Nigeria (CBN)-licenced microfinance bank said millions of Nigerians now use its platform for services including loans, savings, money transfers, bill payments, cards and asset financing.

Ethiopian Airlines Takes 53 Weekly Flights To Nigeria, Opens New Port Harcourt Gateway

The airline is also increasing its Lagos operation to 21 weekly flights, while Kano will now have 11 weekly flights. The expansion means Ethiopian Airlines will serve five Nigerian cities — Lagos, Abuja, Kano, Enugu and Port Harcourt.

Long Returns To Africa With Fresh Mandate To Deepen UK Trade Ties

The seasoned diplomat has taken up his new role as His Majesty’s Trade Commissioner for Africa, returning to a region he knows from his previous assignment as the Deputy Trade Commissioner between 2019 and 2022.

Ignored Warning Ends In Ruins As Sealed Commercial Building Collapses In Abuja

The building caved in at about 8:00 p.m., sending panic through the busy commercial district as residents, traders and passersby watched the structure crumble into rubble.

2027: INEC Unveils Real-Time Nationwide Election Readiness Tracker

The initiative was announced on Monday by the Chairman of INEC, Prof. Joash Amupitan, during the opening of a two-day Strategic Operational Workshop for Administrative Secretaries at the Marriott Hotel in Ikeja, Lagos.

Nigeria’s Anti-Graft Fight Faces Major Shake-Up As CCT Pushes Special Court, 37 Judges Nationwide

The Code of Conduct Tribunal (CCT) has unveiled an ambitious plan to fundamentally reshape Nigeria’s anti-corruption justice system, seeking National Assembly approval to transform the tribunal into a full-fledged National Anti-Corruption Court.

FirstHoldCo, Zenith, Dangote Cement Among Six Nigerian Stocks Added To FTSE Frontier 50

Six Nigerian companies have been added to the FTSE Frontier 50 Index following the latest semi-annual review by the global index provider, FTSE Russell, marking a significant step in Nigeria’s return to the global frontier-market benchmark.

Nigeria’s Christian Bloodletting Deepens As Intersociety Claims Over 3,000 Killed, 400 Churches Attacked In Eight Months

In a report released by the organisation’s Chairman, Emeka Umeagbalasi, Intersociety claimed that 3,083 Christians lost their lives while 3,193 others were abducted in attacks it linked to Islamist extremist groups between January and August 2026.