APC House of Reps primaries on May 17, 2026 produced winners like Abbas Tajudeen and Yusuf Buhari, while key figures including Julius Ihonvbere lost tickets.
Another Ponzi investment scheme in Lagos has collapsed as organisers of XM Future Music Group allegedly disappeared and shut down their office abruptly.
Naira stabilises around ₦1,374/$ as of May 1, 2026, with minor fluctuations in both official and parallel markets amid CBN interventions and inflation concerns.
The CBN has called on students to prioritise financial literacy, describing money management as a critical life skill in today’s evolving economic environment.
The Naira recorded mixed performance on Tuesday, appreciating marginally in the parallel market but weakening in the official foreign exchange window.
Abdulsamad Rabiu leads African billionaire wealth gains in 2026 with a $5.78 bn rise, ahead of Dangote, Rupert, Oppenheimer, and Sawiris, Bloomberg data shows.
Optimus Bank reported 2025 profit before tax rising 69.94% to N24.14bn, as gross earnings jumped 73.53% to N50.67bn, driven by strong core banking growth.
Nigeria’s Debt Management Office plans to raise N700 billion through FGN bonds to fund budget needs and support ongoing fiscal management efforts.
The naira fell to a three-week low of N1,361/$ as strong dollar demand, declining reserves, and limited forex supply continued to pressure the currency.
Jamil Mohammed Abubakar has been appointed MD of Infrastructure & Logistics at Dangote Group, overseeing expansion of ports and trade infrastructure in Africa.
The Nigerian naira sees mixed movements; it appreciates in the parallel market while weakening in the official window, signalling ongoing FX market pressures.
Money
Load more
