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Lagos, Rivers, FCT top list for Nigeria’s N4.52trn domestic debt in Q1 2026
Debt Management Office (DMO) has disclosed that the states of Lagos and Rivers, as well as the Federal Capital Territory (FCT) jointly account for 43.27 per cent of the country’s total N4.52 trillion debt stock in Q1 2026. According to…
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’…
Diamonds Bijoux Zanzibar to host 2026 World Travel Awards Africa Gala Ceremony
World Travel Awards (WTA) has announced that Diamonds Bijoux Zanzibar will host its prestigious Africa Gala Ceremony on 28 August 2026.WTA was established in 1993 to acknowledge, reward and celebrate excellence across all sectors of the tourism industry.The VIP reception…
Xenophobic attacks: AfCFTA under threat as Nigeria, S/Africa deepen diplomatic row over compensation for displaced Nigerians
Nigeria’s Minister of Foreign Affairs, Mrs Bianca Odumegwu-Ojukwu Brewing diplomatic row between two of the continent’s biggest economies now threatens the world’s largest free trade agreement by number of countries, the African Continental Free Trade Agreement (AfCFTA) as Nigeria and…
‘Nigeria can no longer depend solely on DisCos,’ as FG plans nationwide utility-scale renewable energy
Federal Government has disclosed plans to create Renewable Energy Service Companies (RESCos) across the country to drive access to electricity for more households. Government said the RESCos are expected to compete directly with existing electricity distribution companies (DisCos) over the…
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…
AIICO meets fresh regulatory benchmark, retains composite license, as Q2 results grow
(From right): Commissioner For Insurance/CEO, National Insurance Commission (NAICOM), Mr Olusegun Omosehin, presenting the new operational licence to Mr. Babatunde Fajemirokun, the MD/CEO of AIICO Insurance Plc AIICO Insurance Plc has received a new operational licence from sector regulator, the…
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…
ECOWAS endorses $27bn Nigeria-Morocco Gas Pipeline project
Barely a month after Algeria kicked off work on its section of a proposed 4,100km long Trans-Saharan Gas Pipeline (TSGP) project involving Nigeria-Niger-Algeria, leaders of the West African sub-region have unanimously approved take-off of the Nigeria-Morocco Gas Pipeline (NMGP) also…
UK gets new PM, as Starmer steps down
King Charles III of Great Britain, Monday, officially appointed Mr. Andy Burnham as the new Prime Minister following the resignation of Keir Starmer. Starmer officially stepped down after tendering his resignation to the monarch at Buckingham Palace, paving the way…
