Banks’ deposit with the Central Bank of Nigeria, CBN, rose sharply by 783.7 percent, year-on-year, YoY, to N79.8 trillion in the first seven months of the year (7m’25) from N9.03 trillion in the corresponding period [CONTINUE READING]
The naira returned to appreciation against the dollar at the official foreign exchange market on Thursday. Central Bank of Nigeria exchange data showed that the Naira strengthened marginally to N 1,533.55 per dollar on Thursday, [CONTINUE READING]
First City Monument Bank has partnered with the Ministry of Finance Real Estate Investment Fund to launch a N10bn mortgage financing scheme aimed at making homeownership more accessible to Nigerians. The scheme offers home loans [CONTINUE READING]
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has faulted the decision of the Nigerian National Petroleum Company Limited (NNPCL) not to privatise the Port Harcourt Refining Company (PHRC). In a statement, PETROAN’s [CONTINUE READING]
The Natural Oil and Gas Suppliers Association of Nigeria has warned that the Dangote Petroleum Refinery’s plan to bypass existing distribution channels and supply refined petroleum products directly to end-users would lead to a nationwide [CONTINUE READING]
About 1.4 million Internally Displaced Persons (IDPs) in northeastern Nigeria are at the risk of starvation following the withdrawal of humanitarian funding by the United Nations (UN). The Cadre Harmonisé Food and Nutrition Insecurity Analysis, [CONTINUE READING]
Prominent African businessman and philanthropist, and Group Chair of Heirs Holdings, Tony Elumelu, has called on African governments and private sector leaders to prioritise resilient infrastructure, human capital development, and green assets to drive the [CONTINUE READING]
El-Kanemi Warriors have taken a big step forward in their preparations for the upcoming 2025/26 Nigeria Professional Football League season by unveiling a fresh group of new signings. The official reveal took place earlier this [CONTINUE READING]
AC Milan delivered a commanding performance in their preseason preparations, dismantling Australian side, Perth Glory, 9–0 in a one-sided friendly encounter on Thursday. The Italian giants took control early in the match, with F. Terracciano [CONTINUE READING]
Houston Dash defender Michelle Alozie has revealed the spark behind Nigeria’s dramatic second-half comeback in the 2024 Women Africa Cup of Nations final against Morocco, crediting veteran goalkeeper Tochukwu Oluehi’s passionate half-time speech for inspiring [CONTINUE READING]
The Confederation of African Football (CAF) has reportedly dismissed its Director of Refereeing, Désiré Noumandiez Doué, in the wake of a bitter fallout from the Women’s Africa Cup of Nations (WAFCON) final that saw Nigeria [CONTINUE READING]
Anthony Joshua’s trainer Ben Davison is not excited about a potential fight between his charge and Jake Paul, warning there is a serious risk attached to such a bout and questioning the safety aspects of [CONTINUE READING]