Most Recent Articles by

Yemisi Lanre-Idowu

Parallex Bank Completes ₦50bn Recapitalisation, Eyes Expansion

Parallex Bank Limited has successfully met and exceeded the ₦50 billion minimum capital requirement set for regional commercial banks by the Central Bank of...

NNPC GCEO Defends Refinery Rehabilitation Pause At NIES 2026

The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC Ltd) has defended the decision to pause the rehabilitation of Nigeria’s state-owned...

Naira Reaches New High Of N1,401.22/$ Following EFEMS Rollout

The naira strengthened significantly on Tuesday, closing at a record N1,401.22 per dollar at the official foreign exchange market, its strongest performance since the...

Global Markets Slide As Gold And Silver Surge After Trump’s New Tariff Warning

European stock markets declined on Monday, while gold and silver climbed to record levels, following fresh tariff threats from US President Donald Trump tied...

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SMEDAN ₦100m Grant: How To Participate

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a ₦100 million funding initiative aimed at creating 100 millionaire entrepreneurs through business grants, training and market opportunities. The initiative forms part of the 2026 GROW Nigerian Conference, scheduled for November 8 to 10 at the...

Why FG Is Giving Nigerians ₦50,000 Grant

The Federal Government has explained why it introduced a ₦50,000 cash grant for vulnerable Nigerians, citing rising food prices, the high cost of essential goods and increasing financial pressure on households. The initiative, known as the National Emergency Relief and Stabilisation Intervention (NERSI), was announced on October 30,...

31 States Spend ₦45bn on Fuel in Six Months: Analysis

Thirty-one Nigerian state governments spent a combined ₦45.04 billion on fuel for official vehicles, plants and electricity generators during the first six months of 2026. The expenditure represents a 14.35 per cent increase from the ₦39.38 billion recorded by the same states during the corresponding period in 2025. The...