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Money market
Lagos gov., Sanwo-Olu, others advocate alternative financing as Nigeria’s growth engine at AltBank’s ‘Beyond Interest’ forum
From left): Korede Demola-Adeniyi, Executive Director, The Alternative Bank (AltBank); Babatunde Raji Fashola, former Governor of Lagos State & former Federal Minister of Works and Housing, and Abubakar Suleiman, Non-Executive Director, Sterling Financial Holdings Company Plc at AltBank’s ‘Beyond Interest’…
Strong H1 2026 report firms Sterling Financial among NGX top five gainers
Investors kept faith with the Sterling Financial Holdings Company Plc, Thursday, lifting its shares up by 7% and into the ranks of the Nigerian Exchange (NGX) top gainers, days after the HoldCo unveiled a stronger set of half-year results. Sterling…
CBN places four banks ‘under close regulatory supervision’ over failure to meet March 31 recapitalisation deadline
Central Bank of Nigeria (CBN) says it has placed four commercial banks under ‘close regulatory supervision’ over their failure to meet the March 31, 2026 recapitalisation deadline set for various categories of operators in the country. CBN it would be…
Economy
NCDMB launches LearnFest to understanding of Local Content processes
The Nigerian Content Development and Monitoring Board (NCDMB) has inaugurated the LearnFest Lecture Series, a continuous learning platform designed to strengthen the capacity of its staff and oil and gas industry stakeholders to effectively understand and implement Nigerian Content policies…
FG restates Nigeria’s commitment to Africa’s local capacity building
The Federal Government has reaffirmed Nigeria’s commitment to sharing its oil and gas industry experience with other African countries, particularly through the African Petroleum Producers Organisation (APPO), as a high-level delegation from the Democratic Republic of Congo (DRC) begins an…
Nigeria inflation decelerates to 15.39% in August
Nigeria’s annual inflation rate unexpectedly eased in August, a surprising phenomenon that is only possible in run up to general elections as high prices of commodities, especially food items dominate election campaigns. Weaker inflation rate thus strengthens the case for…
News
Politics
The ₦60bn Democracy! Why Osun State needs more than just e-results
By Ebuka Ukoh {In this is op-ed analysis, Ebuka Ukoh examines the astronomical cost of Nigerian election campaigns, arguing that the vast sums allegedly spent in political contests represent a profound opportunity cost, which diverts essential resources from national development…
2027: NUJ-NAN Press Week to examine politics, petroleum and Nigeria’s economic future
The Nigeria Union of Journalists (NUJ), News Agency of Nigeria (NAN) Chapel, Lagos, is set to use its 2026 Press Week to examine the impact of politics on Nigeria’s oil and gas industry and the wider economy ahead of the…
Insecurity, fiscal chaos threaten Tinubu’s reform gains
Nigeria’s struggle to contain insecurity is emerging as a threat not only to President Bola Tinubu’s political survival ahead of the 2027 presidential election, but also to the economic rationale underpinning his administration’s painful reform programme. The central question increasingly…
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