News
Banks’ deposits rise 670% to N83.95trn
•As borrowings drop By Elizabeth Adegbesan Banks’ deposits in the Central Bank of Nigeria, CBN, Standing Deposit Facility, SDF, recorded a sharp increase by 670.2 percent year-on-year (YoY) to N83.95 trillion
Tinubu yet to reveal contents of National Policing Bill — Moghalu
By Cynthia Alo The Senior Special Assistant to the President on Planning and Research, Mr. Nnadubem Moghalu, has disclosed that President Bola Tinubu is yet to dictate specific provisions to
Without NELFUND, many Nigerians wouldn’t be in university - Jim Ovia
Founder of Zenith Bank Plc and Chairman of the Nigeria Education Loan Fund (NELFUND) Board, Jim Ovia, has commended President Bola Tinubu for establishing the student loan scheme, saying it
Petro fears ‘civil war’ in Colombia after alleged electoral fraud
Colombia’s outgoing leftist president, Gustavo Petro, said Monday he has evidence of fraud in the presidential election and warned that the far-right president-elect’s rise to power could lead to “civil
Trump says Iran facing ‘last chance before decapitation’
US President Donald Trump said Monday that negotiations with Iran were ongoing despite Tehran’s denials and the Islamic Republic was facing a “last chance before decapitation.” Trump, speaking to reporters
Increased financing key to strengthening indigenous oil companies – Sephia Energies MD
By Sebastine Obasi Improved access to sustainable financing has been identified as key to accelerate the growth of Nigerian-owned oil and gas companies. Mrs. Sandra Agho, Managing Director/Chief Executive Officer
Economic Summit: Shettima, Okonjo-Iweala, Elumelu, others seek investments for Delta
***Delta unveils $100m fund to attract investors ***Delta can rival Lagos as Nigeria’s growth engine -Okonjo Iweala By Babajide Komolafe, Economy Editor, Egufe Yafugborhi & Ochuko Akuopha ASABA—Vice President Kashim
WACT-APM Terminals expands awards scholarships awards, 52 more beneficiaries added
By Godwin Oritse West Africa Container Terminal (WACT)-APM Terminals Nigeria has expanded its educational support initiative with the award of scholarships to 52 new beneficiaries, comprising 47 students from its
NEC approves refinancing of $3.3bn Project Gazelle to optimise cost, unlock additional liquidity
By Johnbosco Agbakwuru ABUJA — THE National Economic Council, NEC, has approved the refinancing of the $3.3 billion Project Gazelle Pre-Export Finance Facility through a new US$4.5 billion facility, named
PFIPC: Allow me testify, I’m being made scapegoat — Adeyemi
***Seeks administrative clearance to appear before Reps panel By Henry Ojelu The embattled Director-General of the controversial Presidential Foreign Investment Promotion Council, PFIPC, Mr. Adeniyi Matthew Adeyemi, has asked the
