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The Bank of Industry has obtained regulatory clearance from the Central Bank of Nigeria to establish a Non-Interest Banking window, a development the development finance institution says will broaden financial access for ethically motivated enterprises and underserved segments of the economy. According to a statement issued by the bank, the approval authorises BoI to…
The Nigerian Exchange Limited sustained a remarkably positive trajectory during the final trading sessions of the week. Investors effectively added four trillion naira to their collective wealth over a brief five-day operational period. This significant appreciation reflects a renewed confidence in the underlying fundamentals of the domestic corporate sector. Market capitalisation reached an unprecedented peak…
The Lagos State Government (LASG) has engaged key stakeholders over the planned delivery of a 132KV electricity transmission line and gas pipeline right-of-way corridor across the Lekki-Epe axis, as part of efforts to expand critical energy infrastructure in the state. The engagement, held on Friday at the Adeyemi Bero Auditorium, Alausa, Ikeja, was jointly organised…
Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a 62-year-old Lagos-based auto parts dealer, Nwabueze Nicholas Izueke, after he was caught attempting to smuggle cocaine to China through the Mallam Aminu Kano International Airport (MAKIA), Kano. Izueke was apprehended on Saturday, January 31, 2026, during passenger clearance for Ethiopian Airlines flight ET940…
President Bola Ahmed Tinubu will embark on a two-day state visit to the United Kingdom from March 18 to 19, 2026, following an official invitation from King Charles III, marking the first such visit by a Nigerian leader in 37 years. The announcement was made on Sunday via a post on the official X handle…
“Obalende, all passengers.” The conductor shouted, for everyone on the bus to alight as it came to a halt. It was my first day, resuming at my new job on Alfred Rewane Road, Ikoyi. I still had to take a bus to Falomo, before a short walk to the office. As everyone scrambled to get…
Dangote Cement Plc has formally reaffirmed its commitment to securing total self-sufficiency for the African construction sector by the end of this decade. During a strategic briefing in Lagos, the Group Managing Director, Arvind Pathak, detailed an aggressive roadmap to bridge persistent supply gaps. The company currently targets a massive production capacity of 90…
A tragic road accident in Kano State has claimed the lives of over 30 people following a fatal crash involving a trailer in Gezawa Local Government Area. The incident occurred in the early hours of Sunday at Kwanar Barde, along the route leading to Gujungu. According to local officials, the trailer reportedly lost control while…
Pope Leo XIV has condemned the recent wave of violent attacks across Nigeria, expressing deep concern over the scale of killings and urging authorities to take decisive action to protect citizens. In a statement shared on his official X account, the pontiff said he received news of the attacks “with sorrow and concern,” noting…
The Ebonyi State Police Command has confirmed the abduction of three children in Abakaliki, triggering renewed concerns over security in the state. The incident occurred in the early hours of Saturday, February 7, 2026, at Nkwegu, an area located directly opposite the Nkwegu Military Cantonment gate in Abakaliki Local Government Area. The proximity of the…
