Lagos, Hub, Host of Nigerian Banks Headquarters

  Lagos, Nigeria’s commercial capital, continues to assert its dominance as the financial hub of the nation, hosting the headquarters of nearly all major commercial banks operating in the country. A review of corporate records shows that the following financial institutions have their head offices in Lagos: Access Bank Plc, Citibank Nigeria Limited, Ecobank Nigeria […]

Naira Appreciates to ₦1,465/$ as Foreign Reserves Rise to $42.7bn

  The naira opened the new trading week on a positive note, appreciating by ₦10 against the United States dollar on Monday, buoyed by an increase in Nigeria’s external reserves. Data from the Nigerian Foreign Exchange Market (NFEM) indicated that the local currency strengthened to ₦1,465 per dollar, compared to ₦1,475 recorded at the close […]

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FG to Use 2026 World PR Forum to Rebrand Nigeria, Counter False Narratives

The Federal Government has said that the forthcoming World Public Relations Forum (WPRF) Abuja 2026 will serve as a global platform to correct misconceptions about Nigeria and promote the country’s progress under President Bola Tinubu’s administration. Minister of Information and National Orientation, Alhaji Mohammed Idris, disclosed this at the official unveiling of the WPRF Abuja […]

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Northwest Governors Bet ₦50bn on Nigeria’s First Tri-State Electricity Market

In a groundbreaking step toward energy independence, the governors of Kano, Katsina, and Jigawa States have jointly committed ₦50 billion to establish Nigeria’s first Tri-State Electricity Market, aimed at boosting power generation and supply across the North-West region.   The initiative, launched in partnership with Future Energies Africa (FEA) the core investor in Kano Electricity […]

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Police Nab Robbery Suspect Disguised as Corps Member in Enugu

The Enugu State Police Command has arrested a suspected armed robber who disguised himself in a National Youth Service Corps (NYSC) uniform in a bid to evade security checks.   The suspect, identified as 25-year-old Chinecherem Ugwuagu, was apprehended by operatives of the Safer Highway Patrol on October 11, 2025, along the Enugu–Onitsha Expressway.   […]

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Presidency, CAN Unite to Counter ‘Christian Genocide’ Narrative 

*CAN Commends Tinubu’s Commitment to Dialogue, Pledges Continued Partnership for Peace*   The Presidency has dismissed claims circulating in some Western media outlets describing the security crisis in parts of Nigeria as a “Christian genocide,” saying such reports misrepresent the nation’s complex security realities.   The clarification came during a high-level meeting between the Special […]

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NUPRC Warns Public Against Fake Accounts Impersonating CEO

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned the public against falling victim to fake social media accounts impersonating its Chief Executive, Gbenga Komolafe.   In a statement issued on Monday, the Commission described the circulation of such fraudulent accounts as a deliberate attempt by scammers to mislead unsuspecting members of the public and […]

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Enugu Residents Brace for 10-Day Blackout as TCN Begins Maintenance Work

Enugu Residents Brace for 10-Day Blackout as TCN Residents of Enugu State are set to experience a 10-day power outage following an announcement by MainPower Electricity Distribution Limited (MEDL) over planned maintenance work by the Transmission Company of Nigeria (TCN) at the New Haven transmission station. According to MEDL, the outage will run from October […]