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Banks’ Deposit with CBN Soars by 783% Amid Surging Liquidity in Financial System

Commercial banks’ deposits with the Central Bank of Nigeria (CBN) have surged significantly, rising by 783.7 percent year-on-year to N79.8 trillion in the first...

Alleged corruption: CSOs task EFCC on arrest, prosecution of NNPCL GCEO Ojulari

A coalition of civil society groups, including OilWatch Nigeria and Workers' Rights Alliance, held a press conference at the Economic and Financial Crime Commission,...

Abbas Demands Africa’s Permanent Seat at UN Security Council as Akpabio Hails Nigeria’s Resilience

GENEVA, SWITZERLAND — Speaker of Nigeria’s House of Representatives, Tajudeen Abbas, has called for the establishment of a permanent seat for Africa at the...

NNPC Admits Premature Restart of Port Harcourt Refinery Was ‘Ill-Informed’ After $1.5bn Rehabilitation Spend

ABUJA — The Nigerian National Petroleum Company Limited (NNPCL) has acknowledged that its earlier decision to begin operations at the Port Harcourt Refinery before...

Presidency Dismisses Ex-ADC Chair’s Claim of Ministerial Offer as Fabrication

ABUJA — The Presidency has strongly refuted claims by former National Chairman of the African Democratic Congress (ADC), Ralph Nwosu, that he was offered...

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