NEWS
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Court Voids CBN’s Union Bank Takeover, Triggers Governance Reset and Market Uncertainty
Justice Chukwujekwu Aneke’s ruling decisively sided with the shareholders, declaring the CBN’s actions ultra vires—beyond its statutory powers.
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Moniepoint Acquires Orda to Tap Africa’s $50bn Food Service Market and Expand Fintech Ecosystem
Moniepoint’s acquisition of Orda Africa signals a strategic pivot into the continent’s $50 billion food service industry, a sector long…
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CPPE Rejects Sugar Tax Proposal, Warns of Economic Risks to Nigeria’s Beverage Industry
The Centre for the Promotion of Private Enterprise (CPPE) has categorically rejected calls for an additional sugar tax on beverages,…
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Unilever Nigeria Profit Jumps to ₦32bn as FMCG Giant Leverages Brand Power and Cost Discipline
In an economy still recalibrating under inflationary pressure, currency volatility, and shifting consumer behaviour, Unilever Nigeria’s 2025 performance offers a…
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Niger Delta Set for Industrial Transformation, Growth Ahead of May Investment Summit, Says Gogo-Ogan
“Today, the Niger Delta stands before a defining opportunity… It is time to speak with confidence about what can be…
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CBN Advances Inflation Targeting Strategy to Anchor Nigeria’s Price Stability and Economic Growth
Central Bank of Nigeria is moving to institutionalise a fully-fledged inflation targeting (IT) regime—a shift that could redefine how Africa’s…
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NLC Rejects ₦6trn Power Sector Bailout, Calls for Structural Energy Reforms
Previous bailouts have addressed short-term cash flow problems but left operational inefficiencies untouched. Generation companies receive funds, yet consumers continue…
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Fuel Price Hikes, Food Inflation Surge Deepens Cost-of-Living Crisis
What is unfolding is not merely a price adjustment. It is a systemic cost shock, exposing the structural vulnerabilities of…
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How Osimhen was Snubbed by a Super Eagles Star in Iheanacho’s Hotel Room in 2017
A senior player, sharing Iheanacho’s room, reportedly turned him away at the door. It was a moment that could easily…
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Safety Concerns Rise as Lagos Tanker Crash Kills 2, Calabar Gas Explosion Injures Dozens
Gas and petroleum products are routinely managed in environments lacking industrial-grade safeguards, particularly in mixed-use residential areas.
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