UK to Boost Defence Spending to 2.5% of GDP by 2027
Prime Minister Keir Starmer has announced that the UK will increase its defence spending to 2.5% of GDP by 2027,...
Unity Bank Reports ₦62.6 Billion Loss for 2023 Amidst Merger and Recapitalization Efforts
Unity Bank Plc has announced a significant financial downturn, reporting a loss of ₦62.6 billion for the fiscal year 2023....
Dangote Peugeot Plant Achieves 44,000 Vehicles Annual Production
Dangote Peugeot Automobile Nigeria (DPAN) has enhanced its production capacity to 44,000 vehicles annually. This milestone is attributed to the...
National Assembly Approves Record ₦54.99 Trillion Budget for 2025
The National Assembly has approved a ₦54.99 trillion budget for the 2025 fiscal year, marking a significant increase from the...
Multichoice Announces Price Hike for DStv and GOtv Subscriptions Effective March 2025
Multichoice, the leading satellite television provider in Nigeria, has announced an increase in the subscription prices for its DStv and...
Osun State Local Government Election Sparks Controversy
The recent local government elections in Osun State have ignited a series of legal disputes, security alerts, and public reactions,...
Court Orders Final Forfeiture of Assets Linked to Former CBN Governor Godwin Emefiele
The Federal High Court in Lagos has mandated the final forfeiture of substantial assets connected to Godwin Emefiele, the erstwhile...
CBN Retains Monetary Policy Rate at 27.50%
The Central Bank of Nigeria (CBN) has announced the retention of the Monetary Policy Rate (MPR) at 27.50%. This decision...
Nigeria’s Currency Circulation Reaches N5.24 Trillion in January 2025
Nigeria's currency circulation escalated to N5.24 trillion, reflecting a 43.4% increase from N3.65 trillion in January 2024. The Central Bank...
Nigeria Reclaims Favorable Status in Global Aircraft Leasing Market
Nigeria has been officially removed from the global aviation leasing market's blacklist, opening new opportunities for the country's airline operators....
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