With the recapitalisation deadline of the Nigerian banking industry now concluded, analysts have called for a cut in the Cash Reserve Requirements (CRR) for banks to allow banks effectively mediate and provide the needed funding for the private sector to ...
Read More »Monthly Archives: April 2026
#OccupyINEC: Obedient Movement Calls Nationwide Protest, Demands INEC Chairman’s Resignation
The Obedient Movement has announced plans to stage a nationwide protest tagged #OccupyINEC, citing growing concerns over the state of Nigeria’s democracy and the credibility of electoral institutions. In a statement issued on Thursday, the National Coordinator of the movement, ...
Read More »ECOWAS Bank Commits $241.6m For Nigeria’s Coastal Highway, Waste, Transport Projects
The ECOWAS Bank for Investment and Development (EBID) has committed fresh funding of $241.6 million to Nigeria, targeting critical infrastructure projects spanning transport and urban environmental management. The financing formed part of a wider $266.7 million and CFA30 billion package ...
Read More »Oyo, FCMB, Mastercard Disburse N1.5bn To 1,000 Youth Farmers
The Oyo State government, in partnership with First City Monument Bank (FCMB) and the Mastercard Foundation, has disbursed N1.5 billion in collateral-free loans to 1,000 young agripreneurs to boost food production and support youth-led businesses. The funding, delivered under the ...
Read More »INEC Derecognises Mark, Aregbesola, Parties Revolt
The African Democratic Congress, the Peoples Democratic Party, and former Anambra State Governor Peter Obi have protested the decision of the Independent National Electoral Commission to de-recognise the ADC National Chairman, David Mark, National Secretary, Rauf Aregbesola, and others. INEC, ...
Read More »FG declares Tomorrow Friday 3, Monday 6, as public holidays to mark Easter celebrations
The Federal Government has declared Friday 3rd and Monday 6th April, as public holidays to mark this year’s Easter celebration. The Minister of Interior, Dr. Olubunmi Tunji-Ojo, made the declaration on behalf of the Federal Government. He congratulated all Christians in ...
Read More »Nigeria, China Bilateral Trade Volume Surpasses $28bn
The trade volume between Nigeria and China has surpassed $28 billion as both countries strengthen bilateral relations built on mutual respect, non-interference, and shared development aspirations. Indications to this development emerged when the Chinese Ambassador to Nigeria, Yu Dunhai paid ...
Read More »NUPRC Declares 37.01bn Barrels, 215 TCF Oil, Gas Reserves As Of Jan 1
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially declared Nigeria’s total oil and condensate reserves at 37.01 billion barrels and gas reserves at 215.19 trillion cubic feet (TCF) as of January 1, 2026. The commission’s chief executive Oritsemeyiwa Eyesan ...
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