By Ayomide Otitoju The Central Bank of Nigeria (CBN) has unveiled an ambitious reform agenda aimed at achieving 95 per cent financial inclusion and enabling near-instant digital transactions by 2028, as part of its newly launched Payments System Vision 2028 (PSV 2028). Speaking at the launch of the framework in Abuja on Monday, CBN Governor…
By Ayomide Otitoju The naira exchanged at ₦1,373.25 to the United States dollar in the Nigerian Foreign Exchange Market (NFEM) on Tuesday, according to data released by the Central Bank of Nigeria (CBN). Market trackers also indicated that the local currency traded within the ₦1,370 to ₦1,372 range against the dollar in official market transactions…
President Emmanuel Macron announced on Monday that France is set to secure a record €93 billion ($108 billion) in foreign investment commitments at this year’s annual “Choose France” summit, driven largely by projects in artificial intelligence, data centres and advanced manufacturing. Speaking at the international investment conference, Macron said the amount pledged for the 2026…
By Ayomide Otitoju Rite Foods Limited, a leading Nigerian food and beverage manufacturer, reinforced its commitment to cultural preservation and community engagement as it participated in the 2026 Ojude Oba Festival, one of Nigeria’s most celebrated cultural events. The company added colour and excitement to the annual festival, which attracts thousands of Ijebu sons and…
By Ayomide Otitoju Non-oil trade between Nigeria and the United Arab Emirates (UAE) rose to $5 billion in 2025, reflecting strengthening economic and diplomatic relations between both countries. This was disclosed in a statement signed by the Special Assistant on Communication and New Media to the Minister of Foreign Affairs, Dr. Magnus Eze, on Sunday,…
By Ayomide Otitoju The Department of State Services (DSS) has arrested five suspected arms couriers, including two nationals of the Niger Republic, allegedly linked to the gunmen who attacked St. Mary’s Catholic School in Papiri Village, Niger State, and abducted nearly 300 students and staff in November 2025. Security sources disclosed that operatives recovered a…
By Ayomide Otitoju Dangote Industries Limited has been named Africa’s Most Admired African Brand for the eighth consecutive year, reinforcing its position as one of the continent’s leading corporate brands. The recognition was announced at the 16th annual Brand Africa 100: Africa’s Best Brands rankings ceremony held in Addis Ababa, Ethiopia, according to a statement…
By Ayomide Otitoju The Dangote Petroleum Refinery & Petrochemicals has announced a fresh reduction in the ex-depot prices of Premium Motor Spirit (PMS), known as petrol, and Automotive Gas Oil (AGO), commonly referred to as diesel. In a statement, the company said the adjustment reflects its commitment to making refined petroleum products more affordable and…
By Ayomide Otitoju FidBank UK Limited, the international subsidiary of Fidelity Bank Plc, has announced a new initiative aimed at supporting Nigerians—both individuals and corporates—in acquiring properties in the United Kingdom. The bank said the initiative will be delivered through its FidBank Buy-to-Let product, tailored for high-net-worth individuals (HNIs) seeking structured access to the UK…
