FG Secures Permanent African Central Bank Board Seat at AU Summit Nigeria has secured a permanent seat on the Board of the African Central Bank, following a decision reached during the 39th Session of the Executive Council of the African...

NDIC Covers 99% of Depositors, Pushes for BVN Linkage   The Nigeria Deposit Insurance Corporation (NDIC) has said that about 99 per cent of depositors in Nigerian banks are fully covered under its enhanced deposit insurance scheme, urging customers to link...

Naira Hits N1,430/$ at Parallel Market The naira strengthened to between 1,425 and 1,430 per dollar at the parallel market following the Central Bank of Nigeria’s renewed directive allowing the sale of foreign exchange to Bureau De Change operators, a...

NNPC Reports N5.7trn Profit, N60.5trn Revenue in 2025   The Nigerian National Petroleum Company LimitedNNPC) recorded a profit after tax of N5.76tn and total revenue of N60.517tn for the 2025 financial year, even as crude oil and condensate production declined to...

Senate Grills NBET's Survival on N60m Amidst N858bn Budget   The Senate yesterday queried how the Nigerian Bulk Electricity Trading Plc (NBET) managed to stay afloat in the 2025 fiscal year despite receiving only N60 million out of the N858 billion...

INEC Proposes N873.78bn Budget for 2027 General Elections The Independent National Electoral Commission (INEC) on Thursday informed the National Assembly that it requires N873.78bn to conduct the 2027 general elections. The agency also demanded N171bn to fund its operations in the...