By Seun Ibiyemi The Nigerian currency, the Nigerian naira, recorded mixed performance against the United States dollar in trading on Monday as foreign exchange market volatility persisted. Data from the Nigerian Foreign Exchange Market (NFEM) showed that the naira traded around ₦1,391 per dollar during Monday’s session, reflecting slight movements as traders adjusted positions in…
By Seun Ibiyemi The Group Chief Executive Officer of Guaranty Trust Holding Company (GTCO), Segun Agbaje, has been named the winner of the 2025 Banking Pioneer Award at the Texcellence Conference Awards. The recognition was announced by organisers of the awards, hosted by CWG Plc, which has evolved into a major gathering of Africa’s technology…
By Adeyemi David President Bola Ahmed Tinubu on Monday night assured Nigerians that the country would never allow agents of instability to undermine its peace, unity and sovereignty, declaring that terrorists threatening national security would ultimately be defeated. The President gave the assurance while hosting religious and traditional leaders for an interfaith breaking of fast…
… PETROAN tasks NNPC on domestic refining to curb global shocks … Domestic refining won’t significantly lower petrol prices – CPPE By Seun Ibiyemi The Chief Executive Officer of Dangote Petroleum Refinery & Petrochemicals (DPRP), David Bird, has assured Nigerians that the refinery will continue to meet the country’s fuel demand despite the volatility in…
By Adeyemi David The Ogun State Police Command has ordered an investigation into the recent incident at Government Technical College involving officers from Kemta Police Station, emphasizing its commitment to due process and accountability. In a statement issued on Monday, the Police Public Relations Officer, DSP Oluseyi B. Babaseyi, said the matter has been referred…
By Yinka Oduntan The Minister of Marine and Blue Economy, Adegboyega Oyetola, has stepped up political consultations across Osun State to rally support for the All Progressives Congress (APC) ahead of the August 15 governorship election. Oyetola, who leads the APC in the state, convened strategic meetings with party elders, serving and former legislators, support…
By Seun Ibiyemi Nestlé Nigeria Plc has launched its new “Nestlé for Good” campaign, a nationwide initiative aimed at highlighting the company’s contributions to improving nutrition, supporting communities, and promoting environmental sustainability in Nigeria. The campaign was unveiled during a media launch in Lagos, where the company’s Managing Director, Wassim Elhusseini, explained that the initiative…
By Seun Ibiyemi The Nigerian Electricity Regulatory Commission (NERC) has announced plans to partner with eTranzact International Plc to deploy financial technology solutions aimed at improving liquidity in Nigeria’s electricity market. The Chairman of NERC, Musiliu Oseni, disclosed this in a statement published on the commission’s website on Monday in Abuja. Read also: NERC orders…
By Seun Ibiyemi FCMB Group Plc has announced the successful completion of a major capital raise programme undertaken for its banking subsidiary, First City Monument Bank Ltd, as part of efforts to meet new regulatory capital requirements. The group disclosed this in a corporate filing signed by its Group Chief Executive Officer, Ladi Balogun, and…
By Seun Ibiyemi Airlines in the United Arab Emirates have begun partially resuming limited flight operations as regional airspace restrictions continue to affect aviation activities across the Middle East. According to airline updates and local media reports, passengers have been advised to travel to airports only if they possess confirmed bookings or have been directly…
