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BFREE, a pan-African distressed credit investor, secures a growth round led by AfricInvest to acquire non-performing loan portfolios across Africa.
Rabiu Kwankwaso and NDC Chairman Hussaini Mairiga meet to resolve the lingering Kano NDC crisis, uniting the party for future success in the state.
A South Korean judge, Shin Jong-o, who recently increased the prison sentence for former first lady Kim Keon Hee, was found dead at the Seoul High Court.
Nigeria's passport has improved its global ranking by six places. However, this progress comes with the drawback of losing visa-free access to several destinations.
The US has decided to pause its escort of commercial ships in the Strait of Hormuz, aiming for a peace deal with Iran. President Trump announced this development, highlighting ongoing diplomatic efforts.
Philips reported a significant increase in net profits, doubling to 146 million euros in the first quarter. This marks a substantial rise from 72 million euros in the same period last year.
The finance minister, Taiwo Oyedele, is taking steps to settle a longstanding N4 trillion debt owed to contractors. This move aims to resolve ongoing disputes and improve financial relations within the economy.
The Borno Government plans to spend N900 million on furniture upgrades despite ongoing Boko Haram insurgency challenges. This expenditure is part of a larger initiative for improvements at the Government House in Maiduguri.
Nigeria and the US have established defence working groups to address escalating insecurity in the country. This initiative comes despite ongoing support from troops and drones to combat the situation.
Dr. Bolaji Olagunju's new book emphasizes the need for Nigeria to reform its approach to human development as a prerequisite for effective government reform. The insights aim to guide the public sector towards capacity development excellence.
Union Bank of Nigeria is recognized by ASBON for its SME banking initiatives, offering faster onboarding, accessible credit, and practical support for grow
UBA, Redtech, and MoMo PSB have partnered to enhance merchant payment access throughout Nigeria. This collaboration combines advanced payment technology with a broad mobile money ecosystem.
Sycamore Integrated Solutions Limited's recent commercial paper issuance has seen significant interest, closing at N6.89 billion, far exceeding its N3 billion target. This oversubscription of 230% highlights strong investor confidence in the company.
BMW's net profit dropped by 23.1% in the first quarter, impacted by challenges in China and tariffs. The company's core profit margin also decreased from 9.2% to 7.6%.
The All Progressives Congress (APC) is facing internal discord as imposed tickets threaten its unity ahead of the 2027 elections. This situation could significantly impact the party's game plan moving forward.
African nations are increasing diplomatic pressure on South Africa due to recent xenophobic attacks. They are threatening retaliatory measures if the situation does not improve.
UBA, Redtech, and MoMo PSB have partnered to enhance cardless payment access for consumers and merchants in Nigeria. This initiative aims to improve financial inclusion and convenience in transactions.
Olalekan Abdulmojeed Anjolaiya, an entrepreneur and ADC chieftain, argues that Alimosho should have at least two additional constituencies. He believes this will better represent the area's growing population and needs in the House of Representatives.
Nestoil Limited yesterday rejected what it described as a coordinated campaign of blackmail allegedly driven by First Bank of Nigeria and its Chairman, following publications in The Guardian, The Nation, Leadership, Vanguard, Nairametrics, TheCable, and some other online platfor...
President Tinubu asserts that Nigeria's foreign exchange stability has improved since the removal of fuel subsidy. Oyedele confirms that the presidency will not reinstate the subsidy.
The Forum of Former Members of the Enugu State House of Assembly (FOF-MENHA) has issued a strongly worded petition to South African President, Cyril Ramaphosa, demanding an immediate end to xenophobic attacks against Nigerians and other African nationals in South Africa. The post...
By Okey Ibeke Since assuming office as Comptroller-General of the Nigeria Customs Service in June 2023, Bashir Adewale Adeniyi, in line with President Ahmed Tinubu’s Economic and Renewed Hope Agenda, has been intentional in pursuit of policies that repositioned the Service fro...
Nigeria has established itself as a leader in road safety governance in Africa by inaugurating the Executive Secretariat for road safety coordination. This move is expected to enhance road safety measures across the continent.
Mustapha Sule Lamido has officially entered the 2027 Jigawa PDP governorship race by picking up the party's nomination form. He is the son of a former governor, Sule Lamido.
Abia State Governor Alex Otti is optimistic about winning a second term, highlighting strong public support and ongoing development projects. He believes these factors will bolster his re-election campaign.
FIFA President Gianni Infantino has defended the high ticket prices for the World Cup, attributing them to market laws in the US and significant demand. This comes amidst criticism from fans who label the prices as 'extortionate'.
Dangote Cement Plc has achieved a remarkable 71.6% increase in cement and clinker exports in Q1 2026. The company's total production capacity has now reached 55 million tonnes per annum across Africa.
The Federal Government is taking steps to pay off debts owed to local contractors. They promise a fair and transparent process to restore trust and support ongoing projects.
Russia has issued a warning against perceived attempts to distort the history of World War II as it approaches the 81st Victory Day Anniversary. The statement reflects ongoing tensions regarding historical narratives surrounding the war.
The Nigerian Naira showed slight improvement against the British Pound on May 6, 2026. This positive trend is attributed to gradual enhancements in foreign exchange liquidity.