News
Banks awash with excess cash amidst poverty
•As banking system liquidity surges 17% to N5.5trn By Elizabeth Adegbesan Amidst prevalent poverty in the country, Nigeria’s financial sector experienced a major injection of cash as the average net
Dollar to Naira exchange rate today, September 29, 2026
The Nigerian foreign exchange market opened trading on Tuesday with the naira maintaining a firm trajectory across both official and parallel windows. At the official Nigerian Foreign Exchange Market (NFEM),
Job losses loom as N3.9trn debt may cripple 22 firms
***As 18 firms meet adequate cash/debt ratio cover ***Debt exceeds cash in 22 companies By Peter Egwuatu A wide disparity in the ability of companies listed on the Nigerian Exchange
Lagos coastal highway: Winhomes boss hails Shettima’s engagement at UNGA
Chief Executive Officer of Winhomes Global Services Limited, Engr. Stella Ifeoma Okengwu, has commended Vice President Kashim Shettima for his openness to dialogue with Nigerians in the diaspora and willingness
Interswitch opens TechConnect 6.0 in Owerri
By Chinonso Alozie OWERRI — Interswitch has opened the sixth edition of its TechConnect industry engagement series in Owerri, bringing together stakeholders to examine the future of digital payments and
Sage Grey Finance sets 10-year target for tier-one bank
By Dickson Omobola Financial institution, Sage Grey Finance Limited, has disclosed plans to transition into a commercial bank in 2027, saying it aims to build the company into a tier-one
Dangote needs 2.1m bpd Crude as CORAN, IPPG demand reliable supply
By Olakunle Oke & Gbenoba Kamsy Africa’s richest man, Aliko Dangote, will require about 2.1 million barrels of crude oil per day to supply his expanding refining operations, highlighting the
2027: Ondo riverine group holds solidarity walk for Tinubu, Ojogo in Arogbo
By Dayo Johnson Akure There was a massive turnout in Arogbo, headquarters of Ese-Odo Local Government Area of Ondo State, as a political support group, Ondo Riverine for Tinubu and
Mambilla: Sunrise promoter rejects Atiku, Dasuki links, backs Tinubu’s re-election
By Henry Ojelu The promoter of Sunrise Power and Transmission Company Limited, Leno Adesanya, has rejected attempts to link him politically with former Vice President Atiku Abubakar and former National
When the rejoinder becomes the story, who is telling Ekiti’s tourism story
By Ganiyu Olowu There is a moment in every public disagreement when explanation stops clarifying the issue and begins to become the issue itself. That moment may have arrived in
