bridging information and transformation
Late former President Muhammadu Buhari said that his decision to join the Nigerian Army was driven by a desire to escape an arranged early marriage by his family in his native Daura town, in present-day Katsina State. Buhari made the disclosure in a lighthearted moment and conversation with his former Minister of Communications and Digital […]
Sahara Energy Resource Limited has announced the successful closing of a USD 225 million unsecured, committed Revolving Credit Facility (RCF). The facility was significantly oversubscribed, underscoring the confidence of the international financial community in Sahara’s business model, performance, and strategic vision of bringing energy to life responsibly. The new facility is supported by a syndicate […]
Ten brokerage firms facilitated transactions valued at N1.112 trillion on the Nigerian Exchange (NGX) in the second quarter (Q2) of 2025. This was contained in the Broker Performance Report from April 1, 2025 to June 30, 2025 on the Nigerian Exchange (NGX). The total transaction value by the 10 houses translated to 56.60 per cent […]
LivingTrust Mortgage Bank Plc has posted a profit after tax of N551.3 million, representing a 30 per cent increase compared to N423.6 million recorded in the same period last year. The unaudited financial statement for the period ended June 30, 2025, released on the Nigerian Exchange (NGX), showed that the bank saw a sharp rise […]
The Shareholders’ Fund of Universal Insurance Plc rose to about N16.4 billion in the first quarter of 2025 as against N13.25 billion reported in 2024 financial year. This translates to about N3.2 billion increase between December 2024 and March 2025. Similarly, the company achieved a gross written premium (GWP) of N8.07 billion, above 100 per […]
Foreign portfolio inflows into the Nigerian Foreign Exchange Market (NFEM) surged to a 29-month high in June 2025, rising by 116.8 per cent month-on-month to $2.73 billion, according to latest data from FMDQ. This is as total foreign exchange inflows into the Nigerian Foreign Exchange Market (NFEM) was down by 28.1 per cent month-on-month to […]
Analysts at Afrinvest West Africa are projecting that Nigeria’s inflation rate for June 2025 will ease further to 22.2 per cent year-on-year, down from 22.9 per cent in May, signalling continued disinflation in the domestic economy. In its latest macroeconomic briefing, Afrinvest West Africa analysts estimated a 14-basis point uptick in the monthly inflation rate […]
The Patriots in partnership with the Nigerian Political Summit Group (NPSG) is set to submit a draft legislative bill for a new Nigerian Constitution to the Presidency and the National Assembly. The decision came after its nationwide consultations, intellectual rigour, and inclusive political dialogue which will be held this week. The group stated this yesterday […]
A former chairman of the Inter-Party Advisory Council (IPAC), Barrister John Nwobodo, has described the ADC platform to unseat President Bola Tinubu in 2027 as dead on arrival. He claimed that there was no time in Nigeria’s democratic experience that the opposition is fractured and fragmented than now, adding that there was no foresight in […]
As part of political intrigues ahead of the 2026 governorship contest in Ekiti State, campaign posters of a former governor, Chief Segun Oni, appeared on the streets of state capital Ado-Ekiti. The posters, which had the picture of Oni, carried the logo of the African Democratic Congress (ADC) with the inscriptions ‘Only One Term’ and […]