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.
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.
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.
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.
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.
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.
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.
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.
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.
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.