32 Banks Meet Recapitalisation Requirements Ahead of Deadline - CBN The Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso, on Thursday disclosed that 32 banks have already met the new capital requirements under the ongoing recapitalisation programme, ahead of the March 31, 2026...

Stakeholders Push for Boost in Local Oil Output Amid Global Turmoil There is renewed demand from stakeholders to ramp up domestic production capacity, as rising global oil prices triggered by the Middle East conflict, mounting public debt, and increased government spending have intensified pressure on...

Dangote Slashes Petrol Gantry Price to N1,200/litre   The Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for Premium Motor Spirit (petrol) to N1,200 per litre, while pegging its coastal price at N1,153 per litre, a development expected to reshape fuel supply costs across...

CBN Blacklists Major Loan Defaulters, Restricts Credit Access   The Central Bank of Nigeria (CBN) has officially restricted banking services for “chronic defaulters” and large-ticket obligors with non-performing loans. In a sweeping move to enforce credit discipline and safeguard the nation’s financial system, the apex bank issued...

‎AGF Defends OPL 245 Settlement, Says Critics Pursuing Self-Serving Interests ‎The Attorney-General of the Federation (AGF) and Minister of Justice, Lateef O. Fagbemi, has defended the Federal Government’s recent resolution of the long-running dispute over OPL 245, describing opposition to the settlement as driven by...

IMPR Unveils Jury, Categories for 2026 National Spokespersons Awards Image Merchants Promotion Limited (IMPR), organisers of the prestigious National Spokespersons Awards (NSAwards), has announced the jury members and 15 competitive categories for the 6th edition of the annual event. The multi-award winning IMPR is the publishers...