News

Mobile money transactions rose 81.3 percent to N372.14 trillion in 2025, while transaction volume climbed 65.8 percent to 28.74 billion, according to the CBN. The apex bank attributed the growth to expanding agent networks, wider adoption of digital...

FirstHoldCo becomes the first Nigerian banking group to cross a N6 trillion market value. The company's valuation climbed to about N6.21 trillion after its share price rose to N136.50.  Investors have added more than N1 trillion to FirstHoldCo's...

Justice Faruku Hassan Bunza regains freedom after spending one week in the custody of bandits, bringing relief to the Kebbi State judiciary and residents. Family confirms judge's safe return, thanks the judiciary, security agencies, and the people of...

- Photos of former President Olusegun Obasanjo meeting Oyo Governor Seyi Makinde, ex-Ekiti Governor Kayode Fayemi, and former Osun Governor Olagunsoye Oyinlola have surfaced.  Makinde says the meeting focused on national issues and the forthcoming general election, describing...

Local refineries supplied 78.6 percent of Nigeria's petrol demand in the first half of 2026, up from 38.9 percent in 2025, while imports dropped to 21.4 percent, according to MEMAN. The report said expanded refining capacity led by...

Nearly seven out of every 10 barrels produced during the period were sold overseas despite persistent concerns over crude supply to domestic refineries. Higher international oil prices, rather than a sharp rise in export volumes, drove the surge...

Atiku accuses the Tinubu administration of using macroeconomic statistics and official narratives to mask worsening poverty, hunger, and declining living standards across Nigeria. The former vice president questions the gains from fuel subsidy removal, rising public debt, and...

Transaction volume rose to 28.74 billion as more Nigerians embraced digital wallets and agent banking. Cheque usage continued its sharp decline while retail electronic payments reached ₦3,458.77 trillion. The figures show that mobile money is becoming one of...

The Federal Government is weighing a dollar-for-naira swap arrangement to ease Dangote Refinery's growing foreign exchange burden as crude suppliers continue to demand payment in dollars. Dangote says inadequate crude supplied under the naira-for-crude initiative has forced it...

Air Peace commenced direct Lagos–Conakry–Bamako flights, adding Guinea and Mali to its expanding West African route network. Government officials in Guinea and Mali said the new service is expected to boost trade, tourism, investment, cultural exchange, and bilateral...