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UBA, Access Bank Named Nigeria’s strongest Brands in 2025 – Report 

UBA, Access Bank Named Nigeria’s strongest Brands in 2025 - Report  United Bank for Africa (UBA) and Access Bank have been recognised among Nigeria’s strongest brands in 2025, according to Brand Finance’s ‘Nigeria 25 2025’ report. The latest rankings highlight significant shifts in brand valuation, with...

Nigeria Battles Revenue Leakages, Shortages Nationwide, Says Accountant-General Ogunjimi

Nigeria Battles Revenue Leakages, Shortages Nationwide, Says Accountant-General Ogunjimi The Accountant-General of the Federation (AGF), Shamseldeen Babatunde Ogunjimi, has disclosed that Nigeria is experiencing significant revenue leakages and shortages across the country. Ogunjimi made this revelation during a courtesy visit to the Executive Chairman of the...

Lagos Fire Incidents Gulp N19bn Properties in One Year

Lagos Fire Incidents Gulp N19bn Properties in One Year The Lagos State Government has disclosed that properties worth N19.52bn were lost to fire incidents across the state in 2024. The Commissioner for Special Duties and Inter-Governmental Relations, Olugbenga Oyerinde, disclosed this on Wednesday at the ongoing...

NGX Reverses Gain as Investors Lose N70bn

NGX Reverses Gain as Investors Lose N70bn The Nigerian Exchange closed negatively on Wednesday, as the equities market reversed the previous day’s gains, with investors losing approximately N70bn in market capitalisation. The All-Share Index shed 111.37 points, representing a 0.1 per cent decline, to close at...

Petrol Price Rises 76% in One Year – NBS

Petrol Price Rises 76% in One Year – NBS The National Bureau of Statistics has revealed that the average pump price of Premium Motor Spirit, also known as petrol, surged by 76.73 per cent year-on-year to N1,239.33 per litre in April 2025. This represents a sharp...

CBN Gives 12-month Deadline for New Anti-money Laundering Standards

CBN Gives 12-month Deadline for New Anti-money Laundering Standards The Central Bank of Nigeria has issued a draft framework aimed at modernising anti-money laundering practices across the country’s financial system through the adoption of intelligent, automated solutions. In a circular dated May 20, 2025, and addressed...