Banana Island Land Prices Soar 540% to N3.05m per sqm
Land prices in Banana Island have surged by more than 540% over the past five years, reaching an average of N3.05 million per square metre in 2025, according to the…
ICPC Summons Dangote Over Petition Against Ex-NMDPRA Boss
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has invited Africa’s richest man, Aliko Dangote, to appear before a special panel of investigators on Monday in Abuja over…
No Bank Faces Shutdown Over CBN Recapitalisation
The Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) has dismissed claims that some Nigerian banks risk closure over the Central Bank of Nigeria’s (CBN) recapitalisation exercise, describing…
U.S. Envoy, Visa Restrictions Not Targeted at Nigerians
The United States Ambassador to Nigeria, Richard Mills, has said that the recent visa restrictions announced by the U.S. government are not aimed at Nigerians but are intended to strengthen…
Nigeria’s FX Reserves Fall by $263m, End 25-Week Growth Streak
Nigeria’s foreign exchange reserves have recorded their first decline in six months, falling by $263.15 million to $45.21 billion as of December 17, 2025, according to data from the Central…
Dangote Deepens Allegations Against NMDPRA Boss Over Children’s Foreign Education
President and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has expanded his allegations against the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA),…
Nigerians to Pay Nearly ₦1 Trillion More for Petrol as Tinubu Approves 15% Import Tariff
Nigerians could spend an additional ₦973.6 billion annually on petrol following the Federal Government’s approval of a 15 per cent import tariff on Premium Motor Spirit (PMS), according to a…
Stanbic IBTC Reintroduces Private Banking to Support Long-Term Wealth Management
Stanbic IBTC Bank has reaffirmed its dedication to helping Nigerians build lasting financial legacies through sustainable wealth management and strategic financial planning. In a statement announcing the reintroduction of its…
Global Food Prices Decline by 2.1% in 2024 but Remain Above Pre-COVID Levels – FAO
Global food commodity prices dropped by 2.1 percent in 2024 compared to the previous year, according to a report by the Food and Agriculture Organization (FAO) of the United Nations…
CBN Likely to Maintain Hawkish Stance as Inflation Climbs
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to sustain its inflation-tightening policies at its final meeting of the year amid rising inflationary pressures.…