Wednesday, November 26, 2025

AMCON Seeks Swift Judicial Action on N5trn Debt Recovery

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Within the 60 to 90-day period set forth by the AMCON Act, Gbenga Alade, the managing director and chief executive officer of Asset Management...

Sterling, Aké Festival, Transform Lagos into Dazzling Fusion of Culture, Art, Magic

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Sterling, Aké Festival, Transform Lagos into Dazzling Fusion of Culture, Art, Magic By Naomisophyblog LAGOS, NIGERIA November 22, 2024 The Aké Arts and Books Festival has kicked off...

Fidelity Bank to give out N159Million in GAIM 6 promo

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Fidelity Bank to give out N159Million in GAIM 6 promo By Naomisophyblog Leading financial institution, Fidelity Bank Plc, has announced that it will be giving out...

Bank of Industry’s $5bn Funding Drive: N120bn Set for MSMEs Support

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According to Olasupo Olusi, Managing Director of the Bank of Industry, BoI, since 2017, the bank has raised more than $5 billion from global...

Apo Mechanic Market Relocation: 11,000 Traders Transition to Wasa

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The Federal Capital Territory Administration (FCTA) has registered 11,000 Apo Mechanic Village merchants and craftspeople to move to the permanent location in Wasa District,...

Telecom Industry Faces Revenue Squeeze Amid 41% User Decline

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With the average revenue per user (ARPU) falling 40.87 percent to $1.85 in Q3 2024 from $3.12 in the same period previous year, Nigerian...

Fuel Imports Rise Despite NNPCL’s Local Refinery Promises

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The cost of importing fuel reached around ₦3 trillion between October 1 and November 11, putting the Nigerian National Petroleum Corporation Limited (NNPCL) under...

Nigeria’s Foreign Debt Servicing Jumps 107.7% to N3.8 Trillion in Eight Months

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Between January and August of 2024, the cost of servicing Nigeria's foreign debt increased by 107.7% to N3.8 trillion, far above the estimates made...

IPMAN Highlights Cost of Petrol for Marketers at Dangote Refinery

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According to the Nigerian Independent Petroleum Marketers Association, the cost of gasoline from the Dangote Refinery was N940 per liter when bought by ship...

CBN Introduces Innovative Steps to Advance Financial Inclusion

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Contractor corruption has been blamed by Mr. Ola Olukoyede, Executive Chairman of the Economic and Financial Crimes Commission (EFCC), for the frequent outages of...