Month: July 2025

Novak Djokovic stepped up his bid for a record 25th Grand Slam title as he moved into the Wimbledon third round with a 6-3, 6-2, 6-0 rout of British wildcard Dan Evans yesterday. Djokovic needed just one hour and 47 minutes to dispatch Evans with a ruthless display in the second round on Centre Court. […]

The Assets Management Corporation of Nigeria(AMCON) is in discussion with some foreign asset tracers to recover about N2 trillion bad debts from obligors across the country. The bad debt bank also said it had  begun the resale of its assets, following 18 months where sales were put on hold, in a move to recoup some […]

The ECOWAS Bank for Investment and Development (EBID) has approved a $100 million facility to support the construction of the Lagos-Calabar Coastal Highway, as part of its funding to deepen regional integration and stimulate industrial development across West Africa. The funding was part of the decisions reached at the bank’s 92nd Ordinary Session, where EBID’s […]

The Apapa Command of the Nigeria Customs Service (NCS) announced that its half-year revenue from imports increased by 35 per cent from N1.024 billion in 2024 to N1.378 billion in 2025. Speaking to newsmen, the Customs Area Controller of Apapa Port, Compt. Babatunde Olomu said, the first half of 2025 had been an outstanding period […]

The National Agricultural Development Fund (NADF) has introduced a digital platform to monitor and evaluate its flagship AgGrow Farm Support Programme, a N19.5 billion initiative aimed at uplifting smallholder farmers. Unveiled in Abuja, NADF in a statement said that the project would subsidise half the cost of seeds, fertilisers and crop protection materials for 50,000 […]

The federal government will begin full enforcement of Nigeria’s End-of-Life Vehicle (ELV) Waste Recycling Regulation in October 2025, as it accelerates plans to establish a national system for dismantling and recycling obsolete automobiles—an initiative expected to generate over N60 billion annually and create more than 40,000 jobs. Director-general of the National Automotive Design and Development […]

Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital for the sixteenth consecutive year, in the 2025 Top 1000 World Banks’ Rankings, published by The Banker, Financial Times Group, United Kingdom. This ranking places Zenith Bank Plc as the 581st Bank globally, with a Tier-1 Capital of […]

Guaranty Trust Holding Corporation has raised $105 million in its first international share sale, ahead of its listing on the London Stock Exchange.scheduled for next week. The amount raised is in excess of the $100 million it initially planned to raise as part of its recapitalisation plan. The shares were sold at the equivalent of […]