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First Holdco and other banks have seen their non-performing loans rise to N3.27 trillion following the end of regulatory forbearance. FBNH alone reports N1.49 trillion in non-performing loans, exceeding the regulatory requirement.
Nigeria's maritime sector shows impressive growth with cargo throughput reaching 32.38 million tons in Q1 2026. This surge is attributed to larger vessels and a significant increase in vehicle traffic by 67%.
Tola Talabi's proposal for a dedicated power ring around Victoria Island aims to address the ongoing power challenges faced by businesses. This initiative has caught the attention of experienced investors looking to enhance energy reliability in Nigeria's commercial hub.
A recent outbreak of cerebrospinal meningitis in Sokoto has resulted in the tragic deaths of 33 children. There is a call for increased awareness regarding the disease's predisposing factors to prevent further fatalities.
Babafemi Ojudu emphasizes the need for introspection among the Yoruba people during challenging times. He calls for addressing difficult questions to preserve their collective conscience.
The Nigerian stock market experienced a significant increase of N1.10 trillion last week, driven by broad-based gains. This positive trend reflects strong performance in key fundamentals.
Japan is highlighted as a leading example of sustainable development, showcasing a balance between industrial growth and environmental care. Its governance structure is noted for its effectiveness in promoting sustainability.
Tegbe criticizes Adebayo Adelabu for failing to deliver on his promises to Nigerians. He expresses disappointment over the gap between political rhetoric and reality.
Xenophobic attacks in South Africa against foreign nationals continue to be a pressing issue. The ongoing violence undermines the country's moral authority and societal ideals.
The debate on zoning and rotation of political offices between Nigeria's North and South has gained prominence since 1999. This discussion is crucial for understanding Nigeria's political landscape and ensuring equitable representation.
Minister Alausa emphasizes the dangers of inadequate education, reflecting on his university experiences. He shares insights on the importance of comprehensive learning for personal and societal growth.
Unbeaten heavyweight prospect Moses Itauma shares his thoughts on a potential showdown with legend Oleksandr Usyk, believing the fight won’t happen.
Nigeria's energy sector gained global recognition at the 2026 Offshore Technology Conference, where Solewant Group showcased cutting-edge technology. This event highlights the country's potential in the oil and gas industry.
The Esther Matthew Tonlogha Foundation is helping Nigerians improve their lives through a skills acquisition program. This initiative aims to combat economic hardship by providing life-saving skills to those in need.
Airtel Africa has reported a significant revenue growth of $6.415 billion and expanded its customer base to 183.5 million. This strong performance highlights the company's successful operations over the past year.
PTML has officially handed over a new ICT-enabled office to the Nigerian Customs. This initiative aims to improve operational efficiency and facilitate trade.
BetKing has launched BetKing TV, a digital content platform aimed at enhancing discussions on sports and youth culture. This expansion marks a significant step for the gaming and entertainment company in Africa.
Abuja lawyer Linda Ameh, abducted on May 6, has regained her freedom. The FCT Police confirmed she is safe and is investigating the kidnapping incident.
Nigerian opposition parties race to meet the INEC deadline for submitting their membership registers ahead of the 2027 general elections.
President Tinubu leads tributes to elder statesman Reuben Fasoranti on his 100th birthday, celebrating his life of integrity, discipline, and national serv
VFD Group Plc reported a profit before tax of N5.19 billion for the first quarter of 2026. This marks a significant financial achievement for the company.
Southern and Middle Belt leaders reject the 2027 power shift to the North, insisting the presidency must remain in the South for national stability.
Financial Trust Company Limited, Nigeria's first indigenous brokerage firm, is celebrating its 50th anniversary and plans to expand across Africa. The firm aims to enhance its presence in the Pan-African market.
Former Osun governor Rauf Aregbesola dismisses claims of an APC return as baseless, reaffirming his full commitment to the African Democratic Congress (ADC
NECA has urged stronger collaboration with the Enugu State government during a courtesy visit to Governor Peter Mbah. The meeting highlights the importance of partnership between organized businesses and government for regional development.
MFM expands its humanitarian outreach, inaugurating a new church in Lagos and providing free medical aid, food distribution, and vocational training.
Jaiz Bank Plc has achieved a remarkable 107% gain in the stock market, significantly outperforming its peers in the banking sector. This impressive performance highlights the bank's strong position in the financial market.
The NCRIB has praised the Nigerian government's infrastructure development efforts and endorsed Universal Insurance for increased patronage. This recognition highlights the positive impact of government reforms on the insurance sector.
FirstHoldCo Plc seeks shareholder approval to raise its capital base to N1 trillion, signaling aggressive expansion and balance sheet fortification.
Abuja will host Africa's inaugural Playback Theatre Festival this June, bringing together performers from around the globe. The event will feature workshops, performances, and cultural exchanges.