FIRST BANK SUFFERS SETBACK AS SUPREME COURT ORDERS RELEASE OF TAMARA TOKONI CRUDE
By ; Ganiyat Sunmola The Supreme Court has ordered the immediate release of the crude oil aboard the FPSO Tamara Tokoni to General Hydrocarbons Limited...
DANGOTE CUTS PETROL EX-DEPOT PRICE BY N50 TO 1,075/LITRE
HOTJIST NEWS The Dangote Petroleum Refinery has lowered the ex-gantry price of Premium Motor Spirit, commonly called petrol, from N1,125 per litre to N1,075 per...
LABOUR PARTY ANNOUNCES N2.8M ESSAY COMPETITION IN ABIA
By; Ganiyat Sunmola The Abia State chapter of the Labour Party has launched a statewide essay competition for secondary and tertiary institution students, with a...
WORLD BANK APPROVES $1.25BN LOAN FOR NIGERIA, UNVEILS SIX-YEAR GROWTH STRATEGY
By Aishat Momoh. O. The World Bank has approved a $1.25 billion loan for Nigeria under its Nigeria Actions for Investment and Jobs Acceleration (NAIJA)...
CBN REVOKES LICENCES OF 46 MICROFINANCE BANKS OVER REGULATORY BREACHES
By Aishat Momoh. O. The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks across the country for failing to...
CBN LIMITS SUSPENSION OF CONTRACTUAL OBLIGATIONS IN FAILING BANKS TO TWO BUSINESS DAYS
By Aishat Momoh. O. The Central Bank of Nigeria (CBN) has issued a new interpretative guidance clarifying the application of Sections 34(2)(b) and 40(2) of...
FG, WORLD BANK STRENGTHEN PARTNERSHIP TO BOOST WATER SUPPLY, FOOD SECURITY
By Aishat Momoh. O. The Federal Government has reaffirmed its commitment to strengthening its partnership with the World Bank to accelerate access to safe water,...
CBN SHUTS DOWN 46 MICROFINANCE BANKS FOR FAILING REGULATORY REQUIREMENTS
By ; Ganiyat Sunmola The Central Bank of Nigeria (CBN) has withdrawn the operating licences of 46 microfinance banks nationwide over violations of regulatory requirements....
ALLEGED N336.9M FRAUD: EFCC ARRAIGNS MAN, HIS COMPANY IN LAGOS
The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, Ikoyi, on Monday, June 29, 2026, arraigned Abdulkarim Muhammad Arome, and his company, Cresco...
NICA CALLS FOR CREDIT REFORMS TO BOOST INDUSTRIALISATION
By:Muftau Fatimo The National Institute of Credit Administration (NICA) has called on the Federal Government to strengthen Nigeria’s credit system by boosting funding for key...