The Nigerian Exchange (NGX) has revealed plans to overhaul free-float requirements as part of a broader strategy to deepen Nigeria’s equity market and attract more investors. The NGX Group Chief Executive Officer, Temi Popoola, made this known, according to a report by Bloomberg He hinted that the exchange is working closely with the Securities and …
Former Vice-President Atiku Abubakar has called on the federal government to review its security strategy following the recent bomb explosions in Maiduguri, Borno State. On Monday, no fewer than 23 people were killed and over 100 others injured after multiple explosions struck a market, the gate of the University of Maiduguri Teaching Hospital, and the …
Anambra State Governor, Professor Charles Chukwuma Soludo, has officially begun his second term in office following a swearing-in ceremony held at the newly renovated Alex Ekwueme Square in Akwa, the state capital, on Tuesday. Soludo, alongside his deputy, Dr. Onyeka Ibezim, took the oath of office before a gathering of dignitaries that included Vice President …
The recent escalation of tensions in the Middle East, between the United States (US) and Iran, is raising fresh concerns that the Central Bank of Nigeria (CBN) may be forced to reconsider its plans to continue lowering benchmark interest rates, as rising oil prices and inflation risks ripple through the global economy. A senior market …
President Bola Tinubu on Tuesday departed Abuja for a two-day state visit to the United Kingdom (UK), where he is expected to sign key agreements aimed at strengthening bilateral relations between both countries. The President’s aircraft, Nigeria Air Force (NAF) 001, took off from the Presidential Wing of the Nnamdi Azikiwe International Airport at about …
The Nigerian Bar Association (NBA) has criticised Mohammed Umar, a judge of the Federal High Court in Abuja, over his directive ordering a lawyer to kneel in court. In a statement issued Tuesday, March 17, NBA President Afam Osigwe said the directive was not a recognised judicial sanction and fell short of acceptable standards expected …
President Bola Tinubu on Tuesday expressed sorrow over the loss of lives in the latest terrorist attacks in Maiduguri, the Borno State capital, vowing that Nigeria would not succumb to fear. Reacting to Monday’s attacks in parts of the northeast state, the President reaffirmed his administration’s determination to confront and defeat terrorism and other security …
The Peoples Democratic Party (PDP) has faulted the National Publicity Secretary of the All Progressives Congress (APC), Felix Morka, over his claim that the opposition party has ceased to function as a political platform, describing the remark as unfortunate and a reflection of what it termed delusional propaganda. In a statement issued on Monday, the …
In a series of regulatory guidelines issued last week, the Central Bank of Nigeria (CBN) introduced new measures aimed at strengthening security, transparency and consumer protection across Nigeria’s financial services sector. Released through several circulars between March 10 and March 13, 2026, the new rules cover areas including instant payments, ATM deployment, fraud monitoring, Bank …
Nigeria’s headline inflation rate declined slightly to 15.06 per cent in February 2026, indicating a continued but gradual easing of price pressures across the economy. Data released on Monday by the National Bureau of Statistics (NBS) showed the rate slipped by 0.04 percentage points from 15.10 per cent recorded in January. Although marginal, the drop …
