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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
Africa Oil Week: NCDMB pushes African Local Content for rapid industrial development
The Nigerian Content Development and Monitoring Board (NCDMB) has called on African oil-producing countries to move beyond ownership of natural resources and build the industrial capacity required to convert their petroleum wealth into sustainable economic value. The call was made…
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…
Monopoly war: Dangote declares supply ban on major marketers
After losing its war against government’s policy on deregulation and liberalization of the domestic petroleum industry, Dangote Refinery is working to cut off its key competitors from supply of its fuel products. The move which would likely exacerbate fuel imports…
News
Politics
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…
FG, Southeast governors unite against regional insecurity
The Federal Government, South-East governors and other key stakeholders have agreed to deepen collaboration to address the persistent insecurity confronting the South-East, with a renewed commitment to intelligence sharing, coordinated operations and stronger community engagement. The resolution emerged at the…
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