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CBN Treasury Bills Auction Offers N1.15tn Amid High Yields

23.01.2026
The Central Bank of Nigeria was expected to conduct its second Treasury bills auction for January 2026 on Wednesday, offering instruments worth N1.15tn, as strong liquidity in the banking system collides with rising borrowing needs and cautious interest rate expectations. The auction would span the three standard maturities of 91 days, 182 days, and 364...
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FCCPC Cracks Down on Errant Digital Money Lenders in Nigeria

23.01.2026
The Federal Competition and Consumer Protection Commission has commenced phased enforcement of sanctions against Digital Money Lending operators that failed to regularise their operations in line with the Digital, Electronic, Online and Non-Traditional Consumer Lending Regulations, 2025. The compliance deadline for affected operators expired on Monday, January 5, 2026. In a statement on Wednesday, the...
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Parallex Bank Sponsors Future Africa Leaders Awards

23.01.2026
Parallex Bank Plc has reaffirmed its commitment to nurturing African youth talent as it sponsored the 2025 edition of the Future Africa Leaders Awards, which recognises young Africans driving exceptional impact across their communities. In a statement on Monday, the lender said that the 2025 award edition organised by the Future Africa Leaders Foundation honoured...
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Nigeria-Canada Summit to Drive Energy Sustainability

23.01.2026
Nigeria and Canada are set to deepen collaboration on energy sustainability as organisers announced plans for two major events aimed at promoting excellence in sustainable development across Africa. The Chief Executive Officer of Toronto-based IMPATEZ Management firm, Olalekan Ajibade, in collaboration with Toronto Metropolitan University, announced it will host the 2026 Canada-Africa Sustainability and Energy...
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Petrol Spending in Nigeria Hits N1.58tn During Yuletide

23.01.2026
Nigerians spent an estimated N1.58tn on petrol in December 2025, based on official fuel consumption data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority. According to the NMDPRA December fact sheet, average daily petrol consumption stood at 63.7 million litres per day throughout the month. With 31 days in December, nationwide petrol use...
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Nigeria can capture global supply chains

23.01.2026
The Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, has said Nigeria must deliberately target global investors and supply chain relocations to drive job creation, deepen manufacturing, and reduce import dependence. She made the remarks on Wednesday in a short clip posted by GLAZIA on its X handle from a discussion titled “From Scale...
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Nigeria to Begin Urea Exports by 2028, Says NMDPRA

23.01.2026
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has said Nigeria will begin exporting urea in 2028 as the country positions itself as a major hub for value-added oil and gas products. The authority also disclosed that Nigeria would soon commence large-scale fertiliser exports. The Chief Executive of NMDPRA, Saidu Mohammed, made this known while...
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Tinubu Approves Commercial Oil Drilling in Ogun State

23.01.2026
President Bola Tinubu has approved the commencement of commercial oil drilling at Eba in Ogun Waterside Local Government Area of Ogun State. Governor Dapo Abiodun disclosed this on Thursday while receiving the Flag Officer Commanding, Western Naval Command, Rear Admiral Abubakar Abdullahi Mustapha, alongside senior officers of the command, during a courtesy visit to his...
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Women Investors in Africa Champion Local Capital for Growth

23.01.2026
Female investors and fund managers have called for deeper mobilisation of local capital as a critical driver of sustainable economic growth in Africa. The appeal was made during a high-level panel at the 2026 World Economic Forum Annual Meeting in Davos, Switzerland. The session, titled “She Builds, She Leads, She Scales: Women Shaping Africa’s Economic...
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EU Halts US Trade Talks Amid Trump Tariff Threats

23.01.2026
The European Parliament has suspended its work on a proposed trade deal between the European Union and the United States following renewed tariff threats by US President Donald Trump and his controversial comments on Greenland, according to Reuters. Reuters reported that the decision effectively puts on hold legislative proposals aimed at removing several EU import...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
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Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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