The Central Bank of Nigeria has renewed its warning against the abuse and mishandling of the naira, urging Nigerians to treat the national currency with respect as a symbol of sovereignty, while reaffirming its commitment to economic stability and ongoing monetary reforms. The apex bank said it remains focused […]
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Middle East Crisis: World Bank Warns Of Prolonged Economic Strain
The World Bank Group has raised concerns over mounting economic pressures stemming from the ongoing conflict in the Middle East, warning that prolonged instability could significantly disrupt global markets and undermine growth in emerging economies. The institution said in a statement that it is actively engaging with affected […]
‘Future of Financial Journalism Lies In Human, AI Collaboration’ — Datapro
The management of Datapro has emphasised that the future of financial journalism will depend on a careful balance between artificial intelligence and human judgment, warning that while AI is transforming reporting, trust and credibility must remain paramount. This position was made known during a specialised training for journalists […]
Dangote Refinery & Petrochemicals clarifies Media Speculation On IPO
Dangote Petroleum Refinery and Petrochemicals (“DPRP” or the “Enterprise”) has noted with concern the recent circulation of unauthorised information across various media and social platforms regarding a potential Initial Public Offering (“IPO”). DPRP further notes that several online platforms and unofficial sources have published unverified, and in […]
AfCFTA Uptake Low As 66% Nigerian Exporters Earn Below $50,000-Report
The Network of Practicing Non-Oil Exporters of Nigeria (NPNEN) has revealed that utilisation of the African Continental Free Trade Area (AfCFTA) remains significantly low among Nigerian exporters, despite the country recording N12.36trn in non-oil export performance in 2025. This was disclosed in the organizational report […]
DataPro Begins Training For Media Practitioners On Credit Rating
DataPro, Nigeria’s Technology-driven Credit Rating Agency (CRA) has announced March 26th 2026 as the date for its annual virtual training for media practitioners. According to the agency in a statement, the training program was conceived by the company in 2021 as part of its Corporate Social Responsibility (CSR) […]
FCMB Raises N242.8bn, Meets N500bn Capital Requirement for International Licence
FCMB Group Plc has announced the completion of a major capital raise programme that generated a total of N242.8bn, enabling its banking subsidiary, First City Monument Bank Limited, to meet the Central Bank of Nigeria’s revised minimum capital requirement for an international banking licence. The financial services […]
Petrol May Hit N2,000/Litre, Diesel N3,000 if Middle East War Persists – PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has warned that the price of petrol in Nigeria could rise to as high as N2,000 per litre, while diesel may approach N3,000 per litre, if the ongoing conflict in the Middle East continues to disrupt global oil […]
Customers cart away items in DavoDani Save and Win Promo
Lucky customers of DavoDani Microfinance Bank Limited, carted away various rich items at the company’s Save and Win Promo draw. The event which took place at Haddasah Hall, Ogudu, Ojota, Lagos was another way of saying thank you to the teeming loyal customers. John Ologe, the MD/CEO DavoDani Microfinance […]
FG Plans To Recapitalise BOI To N3trn By 2026 ………To Boost Industrial Growth With N800bn Funding, PPP Expansion, Credit Guarantees
The Federal Government has unveiled plans to recapitalise the Bank of Industry (BOI) to N3trn by 2026 as part of a broader strategy to stimulate industrial growth, deepen access to long-term financing, and strengthen Nigeria’s productive base. The recapitalisation forms a key pillar of the National Industrial […]