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Femi Otedola raises stake in First HoldCo to 20.42% with N29.6bn share…
The chairman of First HoldCo, Femi Otedola, has acquired 680 million shares in the financial institution, increasing his…
“No casualties or fatalities,” Polaris Bank, Lagos Fire Service…
The management of Polaris Bank Limited has confirmed a fire incident earlier on Thursday (today) at one of the Bank's branches on…
Dollar to Naira exchange rate today, June 18, 2026
The naira opened trading on June 18, 2026, with variations across the foreign exchange market as demand for the US dollar…
Oil prices drop after US, Iran sign peace deal
The United States and Iran have signed an agreement aimed at ending the Middle East conflict, with a formal ceremony scheduled for…
Nigeria to spend over half of projected 2026 revenue on debt servicing…
The International Monetary Fund’s (IMF) has projected that Nigeria will spend more than half of its revenue on debt servicing in…
Dollar to Naira exchange rate today, June 17, 2026
The naira recorded slight variations against the United States dollar across foreign exchange market segments on 17 June 2026.…
CBN issues directives to banks, PSPs on storage, management of payment…
The Central Bank of Nigeria (CBN) has directed banks and payment service providers (PSPs) to store and manage payment transaction…
VAT revenue increased to N2.42trn, CIT drops to N1.37trn in Q1 2026 — NBS
Nigeria recorded N2.42 trillion in value-added tax (VAT) revenue in the first quarter of 2026, according to the latest sectoral…
Dangote secures $600m fertiliser expansion deal
The Dangote Group has strengthened its partnership with the Africa Finance Corporation (AFC) through a $600 million loan agreement…
Oil prices drop after reported US-Iran deal signals reopening of Strait of…
Oil prices fell in early trade in Asia on Monday after Pakistan, which has been mediating an end to the US-Iran war, announced a…