Court Freezes N448M Assets in Keystone Bank Debt Case
A Federal High Court in Lagos has frozen assets worth N448.3 million belonging to five defendants in a debt recovery case filed by Keystone Bank over an alleged unpaid overdraft facility.
Category : Business
Middle East Conflict May Cut Africa's Growth by 1.5%
The African Development Bank warns that prolonged Middle East conflict could reduce Africa's economic growth by up to 1.5%, citing risks from oil price hikes and debt pressures.
NEMA, NiMet Push for Better Disaster Warning and Climate Tech
NEMA and NiMet call for stronger early warning systems and innovative technologies like AI to combat climate disasters in Nigeria, as the rainy season approaches.
Enugu Confirms Dog Rabies Outbreak in Igbo-Etiti
The Enugu State government has confirmed a dog rabies outbreak in Igbo-Etiti Local Government Area, urging immediate vaccination and caution to prevent the fatal viral disease.
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GTCO Posts N1.23 Trillion Profit, N12.76k Dividend
Guaranty Trust Holding Company Plc announced a profit before tax of N1.23 trillion for 2025, with a dividend of N12.76k per share, highlighting robust financial metrics and growth in core operations.
Industry Leaders Worry Over Accelerating 6G Timelines
Telecom executives are increasingly anxious as 6G development accelerates, with 30% fearing the industry is lagging behind aggressive new rollout targets, including a potential 2028 pre-commercial debut.
FTAN, Katsina Partner via PPP to Unlock Tourism Growth
The Federation of Tourism Associations of Nigeria (FTAN) has announced a strategic Public-Private Partnership with Katsina State to develop cultural tourism assets, aiming to attract investment and enhance economic growth through tourism promotion.
Forum Calls for Urgent National Dig-Once Policy Implementation
Digital economy stakeholders are convening to push for a National Dig-Once Policy to expand Nigeria's fibre-optic network to 125,000km, aiming to enhance connectivity and infrastructure deployment efficiency.
Ouranos Technologies Appoints New Board Members for Strategic Growth
Ouranos Technologies Limited has appointed Tajudeen Ahmed as Chairman and added Omokunbi Adeoti and Olalekan Olabode as non-executive directors to enhance governance and support digital transformation across Africa.
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U.S.-Africa Summit in Mauritius Amid Iran War Concerns
Mauritius hosts the U.S.-Africa Business Summit in July 2026, drawing over 2,500 delegates to boost trade and investment, while global uncertainties from the Iran conflict pose challenges for travel and logistics.
Experts: Reforms Need Transparency, Inclusive Growth
Stakeholders at a Lagos dialogue warn Nigeria's economic reforms remain fragile without tackling inequality, improving fiscal transparency, and better policy communication.
Nigeria Hosts ECOWAS Brown Card Stakeholders in Lagos for 2026 Talks
Nigeria will convene key stakeholders from West Africa for the 2026 ECOWAS Brown Card zonal meeting in Lagos, focusing on digital strategies to enhance cross-border motor insurance and claims settlement.
Governance Key to Survival of Nigeria's Family Firms
Family businesses are vital to Nigeria's economy but face high failure rates due to poor governance and succession planning. Experts emphasize the need for structured systems to ensure longevity and intergenerational value creation.
Buffett Defends $36B Gates Donation Despite Epstein Ties
Warren Buffett expresses no regret over his $36 billion donation to the Bill Gates Foundation, despite revelations about Bill Gates' association with Jeffrey Epstein, but confirms he is no longer in contact with Gates.
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Worker Quits Over Alleged Spirit Sighting, Video Goes Viral
A Nigerian farm worker abruptly resigned after claiming to see spirits, with a video of the incident gaining widespread attention online and prompting reactions from the farmer and public.
Man's Orange Tree Turns Out to Be a Different Fruit Years Later
A Nigerian man shared his disappointment online after discovering the 'orange' plant he bought during the 2020 lockdown bore fruit that was nothing like oranges, sparking reactions from netizens.
Man Warns PHCN of Losing Customers to Solar Power
A Nigerian man has urged the Power Holding Company of Nigeria to improve electricity supply or risk losing customers to solar energy, sparking widespread reactions on social media.
Alpha Morgan Capital Fund Shows Strong Asset Growth in 2025
Alpha Morgan Capital Balanced Fund's audited financial statement for the year ended December 31, 2025, reveals significant asset growth, improved cash holdings, and reduced liabilities, strengthening its financial position.
Reverse Japa Trend: Nigerians Returning Home from Abroad
A growing number of Nigerians who left for better opportunities abroad are now returning home, citing economic opportunities, family ties, and quality of life.
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Alpha Morgan Capital Fund Shows Strong Asset Growth in 2026
Alpha Morgan Capital Balanced Fund's audited financial statement for 2026 reveals significant asset growth, with net assets rising to N2.29 billion and improved liquidity from increased cash holdings.
Ondo Advances Tech-Driven Agriculture with New University
Governor Lucky Aiyedatiwa announces the upgrade of Rufus Giwa Polytechnic to a university focused on agriculture and technology, aiming to boost innovation and economic development in Ondo State.
Nigeria Rated Low in Global Debt Transparency Review
Nigeria has received a low rating in transparency, accountability, oversight, and public participation in national debt management, according to the Open Budget Survey 2025. The International Budget Partnership calls for urgent reforms to enhance public t
Minister of Power Resigns Over Grid Issues
The Minister of Power has resigned from office, citing ongoing challenges with the national electricity grid and personal reasons, sparking discussions on Nigeria's energy sector.
LG Electronics Empowers Women at 2026 Event in Lagos
LG Electronics hosted its 2026 Women's Month event in Lagos, featuring panel discussions with accomplished women from various industries. The event focused on gender inclusion, innovation, and overcoming challenges in male-dominated fields.
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Nigeria Real Estate Future Hangs in Balance Amid Challenges
Property developer Cecil Ezem Osakwe warns that Nigeria's real estate sector faces deep structural issues despite rising demand. Key challenges include land acquisition complexities, infrastructure gaps, and financing constraints, threatening sustainable
Nigerians Share Solar Power Costs and Savings
Three Nigerians detail their switch to solar energy, revealing expenses from N468,000 to N2.7 million and savings up to N3 million, highlighting a trend amid power outages and high fuel prices.
Oil Price Rise Hits Nigerian Refineries, Expert Alerts
An energy expert warns that Nigerian refineries face increased costs due to global oil price volatility, as some rely on foreign crude despite local production, risking higher fuel prices.
Fuel Prices Paused as Marketers Await Dangote Refinery Review
Petroleum marketers have suspended fresh pricing for petrol and diesel across Nigeria's major depots, awaiting a potential price review from Dangote refinery amid rising global crude oil prices.
Oyetola Calls for Regional Fisheries Investment and Cooperation
Minister of Blue Economy Adegboyega Oyetola urges increased investment and regional collaboration in West and Central Africa's fisheries sector to address challenges and boost economic growth.
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Stock Market Rebounds, Investors Gain N516bn in March
The Nigerian stock market closed March positively with a 0.40% gain, adding N516 billion to market capitalization. Investors engaged in bargain hunting across major equities despite negative market breadth.
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