News
OIL WEALTH, POOR STUDENTS AND THE NELFUND QUESTION
KALU OKORONKWO argues for a periodic review of the students’ upkeep allowance There is perhaps no more jarring illustration of Nigeria’s confused understanding of educational opportunity and social investment than the
AREPO AND CRISIS OF ELECTRICITY
Electricity supply in Arepo and environs is increasingly becoming epileptic, writes AKINLOLU AKINPELUMI For millions of Nigerians, electricity is not something they simply rely on. It is something they keep
LESSONS FROM NEPAL’S FLOOD DISASTER
Government should invest heavily in flood prevention The people of Nepal are still counting their losses from the devastating flash flood which ripped through their border with China, inundating towns,
Stop blaming spirits for disasters, PFN chairman tells C’River residents
By Ike Uchechukwu, CALABAR CALABAR — The Chairman of the Pentecostal Fellowship of Nigeria, PFN, in Cross River State, Apostle Trinity Ogar, has urged residents to stop attributing recent flood,
Access Bank Launches Season 8 of Womenpreneur Pitch-A-Ton
Nume Ekeghe and Jessica Erobomhan Access Bank Plc has launched the eighth season of its Womenpreneur Pitch-A-Ton programme, with 120 women entrepreneurs set to receive intensive business training and financial
H1: Nigerian Breweries Strengthens Financial Position with Improved Cash Generation
Kayode Tokede Nigerian Breweries Plc,has reported a strengthened financial position in the first half (H1) of 2026, emerging debt-free with improved cash generation, positive retained earnings, and a stronger balance
Naira Strengthens 2% as NFEM Records $2.63bn Turnover in Five Sessions
Nume Ekeghe The naira strengthened by about 2 per cent against the dollar between August 24 and September 4, while foreign exchange transactions on the Nigerian Foreign Exchange Market (NFEM)
Cash Outside Banks Declines to N4.8tn, Now 89.2% of CIC
Nume Ekeghe Cash outside Nigeria’s banking system fell for the second consecutive month in July to its lowest level in eight months, even as credit to the private sector continued
Overnight Financing Market Fund Depreciated by 6.5% to N98.08tn in August
Kayode Tokede The Central Bank of Nigeria (CBN) has revealed that total overnight financing market Rate (NOFR) closed August 2026 at N98.08 trillion, representing about 6.5 per cent Month-on-Month (MoM)
NAICOM’s Failed Insurance Firms Dilemma
With recent conclusion of recapitalisation exercise in the insurance industry, NAICOM ‘s appointment of receivers and liquidators for the failed insurance firms has generated court actions against possible liquidation, writes
