NDIC pays over N37.8bn paid to depositors of failed banks
The Nigeria Deposit Insurance Corporation (NDIC) says it paid N4.06 billion to 13,446 insured depositors of failed banks in 2025.…
Maersk Line Allegedly Abandons 150 Cargo Shipments at Apapa Port
Maersk Line has allegedly abandoned over 150 cargo shipments at Apapa Port, raising alarms from the National Shippers’ Association of…
FG raises 2026 independent revenue target to N2.5tn
The acting Executive Chairman and Chief Executive Officer of the Fiscal Responsibility Commission, Charles Abana, disclosed this on Tuesday during…
Footwear firm expands production capacity
Nigeria’s footwear manufacturing industry received a significant boost as Yikodeen Company Ltd said it has expanded its production facility in…
Atiku demands sacking of Gbajabiamila, gives reasons
The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, has asked President Bola Tinubu to suspend his Chief of Staff,…
Wabara BoT seeks INEC recognition for Turaki PDP
A Federal High Court in Abuja has fixed July 7 for the hearing of all pending applications and the substantive…
Nigeria’s High-Risk Operating Status Pushes Up Airlines’ Costs
NIGERIA’S designation as a high-risk environment is driving up operational costs for domestic airlines, particularly in insurance and financing compared…
Five African countries among highest IMF borrowers
Five African countries are among the top 10 highest borrowers from the International Monetary Fund (IMF). Statisense disclosed this in…
BOI appoints Kuramo Capital to manage $170.6m iDICE Fund of Funds
The Bank of Industry (BOI) has appointed Kuramo Capital Management as the fund manager for the DICE Fund of Funds…
Marketers reject FG’s fuel pricing curbs, threaten shutdown
Fuel marketers have declared that their filling stations will stop selling petrol should the Federal Government try to enforce price…