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Higher Interest Rates Balloon Banks’ Net Interest Income, Raises Risk for NPLs

Rate hikes by the Central Bank of Nigeria (CBN) have helped Nigerian banks earn more from net interest income (NII), although rising borrowing costs...

DTR Licenses Dirham-backed Stablecoin Technology; Launches Operations in UAE

Distributed Technologies Research Ltd. (DTR), an Abu Dhabi Global Market (ADGM) based company, today announced its launch in the UAE and the licensing of...

BUA Reduces Price Of Cement To N3,500 Per Bag

BUA Group has decided to being down the price of Cement effective October 2, 2023. According to a statement from the Cement manufacturer, the organization...

US Court Orders CSU to Release Tinubu’s Academic Records to Atiku

The United States District Court for the Northern District of Illinois has ruled in favour of the presidential candidate of the Peoples Democratic Party,...

Reports of Plea Bargain with Emefiele False — AGF

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, SAN, has refuted reports that he had signed a non-prosecution plea bargain with...

Tinubu Announces 25,000 Naira Increase in Minimum Wage for 6-Months

President Bola Tinubu announced a temporary 25,000 naira wage increase among a set of measures aimed at cushioning the impact of reforms on citizens...

President Tinubu: Investigative Report On CBN To Be Ready Soon

President Bola Tinubu on Sunday morning disclosed that the report of the Special Investigator on past activities in the Central Bank of Nigeria (CBN)...

FULL TEXT: President Tinubu’s Independence Anniversary Speech

SPEECH BY HIS EXCELLENCY, PRESIDENT BOLA AHMED TINUBU, GCFR, PRESIDENT AND COMMANDER-IN-CHIEF, FEDERAL REPUBLIC OF NIGERIA IN COMMEMORATION OF THE 63RD INDEPENDENCE ANNIVERSARY OF...

October 1: ‘Nigeria Will Be Great Again,’ Akpabio, Abbas, Makinde, Sanwo-Olu Say

The Senate President, Senator Godswill Akpabio; the Speaker of the House of Representatives Tajudeen Abbas; the Oyo State governor, Seyi Makinde; and his Lagos State...

One Killed, Six Arrested As Katsina Students Clash Over Female Schoolmate

A 200-level student of the Computer Science Department at the Federal University Dutsin-Ma (FUDMA), Katsina State simply identified as Abubakar has been confirmed dead...

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