Hafsat Ibrahim

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Global Equities Slide as Middle East Tension Intensifies

Global financial markets faced a seismic shock on Monday as the intensification of the conflict between the United States, Israel and Iran sent crude oil prices soaring above $120 per barrel.

FAAN Issues 100,000 Airport Access Cards After Tollgate Protest

The Federal Airports Authority of Nigeria (FAAN) has issued over 100,000 airport access cards to motorists as part of efforts to implement the Federal Government's cashless policy at airport tollgates.

CBN to Raise N850bn in Treasury Bills March 11

The Central Bank of Nigeria (CBN) has announced plans to raise ₦850bn through a fresh Treasury Bills auction on March 11, 2026, bringing the total raised within one week to about ₦2 trillion.

Recapitalisation: CBN Directs Banks to Begin Stress Tests April 1

The Central Bank of Nigeria (CBN) has directed all commercial banks to conduct stress tests from April 1, 2026, as the March 31 recapitalisation deadline approaches.

FG Securities, Equities Dominate N28trn Pension Assets

Nigeria’s pension fund assets rose to ₦28.04 trillion as of January 31, 2026, with Federal Government securities and domestic equities accounting for 74.85% of the total portfolio, according to the National Pension Commission (PenCom).

DisCos Revenue Falls to N207bn in December – NERC

Nigeria’s 11 electricity distribution companies (DisCos) generated a combined ₦207.49bn in December 2025, slightly down from ₦208.78bn in November, according to the latest NERC factsheet.
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