Financial services accounted for $9.64 billion, representing 52.58% of Nigeria's total foreign exchange utilisation of $18.34 billion in the second quarter of 2026, as quarterly FX demand reached its highest level since Q3 2011. The post Financial services absorb $9.64 billion as Nigeria’s FX dem...
safety
The Nigerian Air Force has recovered more components from its aircraft that crashed in Igbokoda, Ondo State, as search operations continue at the site. Read More: https://punchng.com/ondo-crash-naf-recovers-more-aircraft-components/...
safety
A banker and seven others have been arraigned by the Police Special Fraud Unit before a Federal High Court in Lagos over an alleged N710m proof-of-funds fr Read More: https://punchng.com/lagos-banker-seven-others-arraigned-for-alleged-n710m-fraud/...
safety
By John Alechenu, Abuja The management of the Lagos International Trade Fair Complex Management Board (LITFCMB) has vowed zero tolerance for the production and distribution of counterfeit goods within its facility, following the arrest of two persons allegedly linked to the illeg...
parks
The annual development programme will screen players in Lagos on 19 October before moving to Ado-Ekiti, following last year’s scholarships for 10 participants. The post Ajayi Elebire basketball camp targets more scholarships as fifth edition begins appeared first on Premium Times...
News
•Asylum figure drops over 30% to 56,176 as world tightens rules •Strict border controls not solution, pushes migrants to dangerous routes – IOM •Desperation fuels irregular migration- Ex-envoy By Nkiruka Nnorom NIGERIA’S refugee crisis has deepened significantly, with the number ...
News
By Babajide Komolafe, Economy Editor BANGKOK, THAILAND: The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has explained why the apex bank’s latest monetary policy decision took the market by surprise, saying the need to correct a faulty monetary policy trans...
business
OPay, a leading digital bank in Nigeria, has won two prestigious awards at the 14th BusinessDay Banks and Other Financial Institutions (BAFI) Awards 2026, taking home the titles of Digital Bank of the Year and Financial Inclusion Leader of the Year. The awards ceremony, held on 9...
News
A $7bn-plus deep seaport deal, a proposed $10bn LNG project, more than 1,600 kilometres of roads and a cargo airport underscore Ogun State’s ambition to become a leading investment and industrial hub The post Abiodun’s Industrial Expansion: As Ogun lines up $17bn investment, By K...
safety
By Kingsley Omonobi The Nigerian Air Force (NAF) has acknowledged the concerns expressed by residents of Igbokoda, Ondo State, particularly reports of an offensive odour and fears of possible environmental impact following the aircraft accident. Air Commodore Ehimen Ejodame, Dire...
business
Guinea Insurance Plc’s shares have risen 42.86% in October, breaking eight consecutive months of declines despite the company reporting a bigger first-half loss. The post Guinea Insurance rallies 43% in October as fresh funding raises recovery hopes appeared first on Nairametrics...
government
With the 2027 general election gradually gathering momentum, the ruling All Progressives Congress, APC, in Lagos State has moved into a new phase of its preparations, formally activating its campaign machinery and charging members to begin the mobilisation that will precede the e...
Local
By Rosemary Iwunze Stakeholders in the insurance and pension sectors have urged operators to deploy funds raised through recapitalisation to improve services, develop innovative products and strengthen customer confidence. They made the call in Lagos during a panel discussion at ...
