Industry News
The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding (MoU) aimed at strengthening consumer protection, combating fraud, and unlocking opportunities across the telecommunications and financial services sectors. This was disclosed in a statement released on Monday by the Head of Public Affairs Department at the NCC, […] READ MORE
The Central Bank of Nigeria (CBN) has announced plans to raise N750 billion through a Treasury Bills auction scheduled for April 22, 2026, the second in April and in line with the Debt Management Office’s (DMO) borrowing plan. The planned auction was disclosed in an official tender notice issued by the apex bank to traders […] READ MORE
The Federal High Court sitting in Abuja has vacated its earlier ex parte order restraining the Economic and Financial Crimes Commission (EFCC) from freezing the bank accounts of Amaranta Oil and Gas Development Limited (Amaranta) and Jonescreek Hydrocarbons Limited (Jonescreek). Justice Peter Lifu delivered the ruling on April 15, 2026, according to an enrolled copy of the […] READ MORE
Retired personnel of the Nigeria Police Force on Monday staged a protest in Abuja, demanding their removal from the Contributory Pension Scheme (CPS) and integration into the Nigerian Police Pension Board. The demonstration took place at one of the entry gates to the Presidential Villa, as the retirees called on the Federal Government to address […] READ MORE
Boko Haram terrorists have issued a 72-hour ultimatum to the Nigerian government, demanding N5 billion for the release of 416 abducted women and children in Borno State. The threat was made in a video released by the group on Sunday, April 19, 2026, in which the insurgents warned of dire consequences if their demands were […] READ MORE
The Nigerian All-Share Index (ASI) advanced by 0.44% on April 20, 2026, closing at 218,113.84 points, up from its opening level of 217,167.57points. This uptick came even as trading volume eased to 983 million units, down from the 1.2 billion units recorded in the previous session. Market capitalization crossed the N140 trillion mark for the first time, rising […] READ MORE
The Belgium government has announced that all applications for short-term work permits and commuter permits will transition to a fully digital system from May 1, 2026, marking a significant shift in how employers process foreign worker documentation. Under the new directive, employers and their authorised representatives will be required to submit applications exclusively through the country’s official online portal, replacing the long-standing email-based […] READ MORE
Dividend season is shaping up as a major marker of corporate strength on the Nigerian Exchange (NGX), with listed companies putting shareholder returns at the forefront of their results. Over ₦1 trillion in dividends had been paid out to shareholders as of May 2025 for the 2024 financial year, according to data from the Securities […] READ MORE
Standard Chartered has been ranked as the number one Mergers & Acquisitions (M&A) Financial Adviser by deal value in West Africa. The rankings were unveiled at the prestigious DealMakers Africa Annual Gala Awards in Lagos recently. Standard Chartered secured the top position in the M&A financial adviser category by deal value, ahead of other leading […] READ MORE
Stand at the Oshodi bus stop in Lagos for ten minutes, and you will count, without trying, at least eighty-five people who are technically working. Among others, you see the woman selling cold shelled groundnuts from a tray balanced on her head, the man hawking phone chargers so new they are still in Chinese-language packaging, […] READ MORE