Federal Government Of Nigeria
Heritage Bank depositors protest as NDIC speaks on partial reimbursement
In response to the NDIC announcement that depositors would only receive partial reimbursement, affected Heritage Bank customers have criticized the nmove.
JP Morgan, top US bank, seeks licence to operate in Nigeria as it predicts naira FX rate in 2025
The top US investment banker, JP Morgan, is seeking to convert its Lagos representative office into a full-fledged merchant bank, offering dollar-denominated loans.
Billionaire Xolane Ndhlovu splashes N5m on Nigerian lady unable to pay for Azul Drink
South African billionaire and philanthropist, Xolane Ndhlovu, has splashed about N5 million on a Nigerian lady, Odoh Mary Ukamaka, a Nigerian young lady.
Breaking: Tinubu's minister backs bad governance protests, sends strong warning to demonstrators
The federal government has declared support for peaceful protests in Nigeria. The minister of youth, Ayodele Olawande, however warned against violence.
World Bank clarifies $10.50 million funding request for CBN as Nigeria’s debt hits N144.6 trillion
The World Bank has explained that the $10.50 million funding sought by the Central Bank of Nigeria was a grant and not a loan as previously reported.
Chopnownow, 5 other Nigerian startups shut down over financial, other challenges
According to Startup Graveyard research, 6 of the 11 African companies that shut down, went into hibernation, or entered administration in 2024 were based in Nigeria
N18 billion investments on the line, as NGX delists Capital Oil, 2 others, lists next steps for shareholders
The NGX noted that this move will ensure transparency in the capital market as the affected companies had defied repeated warnings and suspension.
Nigeria’s debt hits historic high as FG seeks new World Bank loan
Nigeria's overall public debt reached its highest level ever as the most populous nation in Africa continues to rely on borrowing to pay its fiscal responsibilities.
Nigerian police react amid threat of nationwide protest
The Nigerian police reacted amid threats of nationwide protests. The protest is scheduled to be held on Monday, April 7, 2025. Olumuyiwa Adejobi shared a statement.
Federal Government Of Nigeria
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