CBN says 28% of bank recapitalisation funds come from foreign investors, signalling renewed confidence in the financial system.

The Central Bank of Nigeria has challenged a ruling nullifying its Union Bank intervention, seeking to halt board reinstatement. 

Lagos has ranked first among ten states in PEBEC’s 2025 Ease of Doing Business Report.

Novartis agrees to acquire Excellergy for up to $2 billion to boost immunology pipeline and expand US presence

Dangote Refinery has dismissed reports of a potential IPO, urging investors to rely only on official and verified disclosures.

Warner Bros moves closer to landmark Paramount Skydance merger as shareholders prepare to vote on $110bn deal reshaping media industry.

Air Peace will resume monthly direct flights from Lagos to Barbados via Antigua, beginning May 24, 2026.

Dangote Refinery slashes PMS gantry price to ₦1,200 per litre, defying global oil volatility driven by Middle East tensions.

Former Power Minister urges restoration of PPAs, debt settlement and cost-reflective tariffs to address Nigeria’s worsening electricity crisis.

Ehmika says under-execution of health budgets, not funding alone, is weakening Nigeria’s healthcare system.

Chika Mbonu warns legal uncertainty around Union Bank may trigger depositor anxiety and disrupt banking operations.

Nigeria’s capital importation rose 26.61% to $6.44bn in Q4 2025, driven by strong foreign portfolio inflows.

Enhanced global Customs enforcement and collaboration are crucial to securing borders, safeguarding trade, and strengthening the world economy.

Nigeria and EU strengthen ties through investments, climate action, security cooperation, digital projects, and regional development initiatives.

CBN directs IMTOs to open naira accounts, boosting diaspora remittances, improving transparency, traceability, and efficiency across Nigeria’s foreign exchange market.

Federal High Court voids CBN’s dissolution of Union Bank board, orders reinstatement of former management and halts further actions.

Dangote Refinery pays steep premiums for Nigerian crude on the international market, causing Nigeria to lose value, CEO David Bird says.

CEO of Dangote Refinery David Bird says supply shortfalls force refinery to buy Nigerian crude at over $18 premium in international markets.

CEO David Bird says crude-for-naira policy is not a discount for Dangote Refinery but rather targets Nigeria’s currency stability

Zenith Bank has named Kennedy Okwudili as Executive Director, with effect from May 1, 2026.