Nigeria’s Top banks have emerged as the fastest-growing in Africa by brand value in 2026, reaching a combined $1.8 billion. This marks a significant leap from $1.57 billion recorded in 2025. Representing a 14.7% increase—the highest growth rate on the continent. Also, The Nigeria’s Top banks performers include Access Bank, GTCO, Zenith Bank, UBA, and…
Over 140 petrol stations across South Africa have run out of fuel as motorists rush to fill their tanks ahead of record price hikes in April. The surge in demand has overwhelmed supply chains, leaving long queues and empty pumps in major cities. Reports show that demand in some areas tripled within 24 hours. Forcing…
Iran Islamic Revolutionary Guard Corps (IRGC) has issued a strong warning, threatening to target major U.S. technology companies including Apple, Google, and Meta if more Iranian leaders are killed in what it described as “targeted assassinations.” In an official statement, the IRGC labeled these firms as “legitimate targets,”. Accusing them of playing roles in surveillance…
The Afreximbank Bank has underwritten $2.5 billion of a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals FZE. Marking one of Africa’s biggest energy financing deals in recent years. Also, The facility, arranged alongside Access Bank as co-lead arranger, structured as a five-year loan aimed at strengthening the refinery’s financial position…
Suspected gunmen invaded the Comprehensive Health Centre in the Oke Ijebu area of Akure and abducted three health workers during the early hours of Saturday. The attackers stormed the facility around 2:00 a.m. while the nurses were on night duty. Subsequently, the assailants robbed the victims of their valuables and transferred money from their bank…
Donald Trump, President of the United States, directed a sharp message at the United Kingdom on Tuesday. He attacked the country for refusing to participate in military strikes against Iran. Furthermore, he demanded that British forces secure the Strait of Hormuz without American assistance. Trump Delivers Ultimatum to Allies “All of those countries that can’t…
Christopher Musa, Minister of Defence, and Bello Matawalle, Minister of State for Defence, paid tribute to soldiers killed during operations against Boko Haram insurgents in Borno State. The ministers arrived at the Maimalari Cantonment Cemetery in Maiduguri on Tuesday at approximately 2:38 pm. Furthermore, they joined senior officers from the Defence Headquarters and field commanders…
Nigeria has secured a major trade advantage as China grants zero-tariff access to all Nigerian exports starting May 1, 2026. The announcement was made in Abuja by Yu Dunhai, following the signing of a new economic partnership framework between both countries. Under the agreement, all Nigerian goods exported to China will enjoy 100% duty-free entry—removing…
The Federal Government has taken a major step to position Nigerian businesses for continental trade by launching a new report on digital payments and identity under the African Continental Free Trade Area. Also, Unveiled in Abuja by Ibrahim Hadejia, the report highlights how Micro, Small and Medium Enterprises (MSMEs) can tap into Africa’s $3.5 trillion…
The Wale Edun, Honourable Minister of Finance and Coordinating Minister of the Economy, has urged urgent measures to curb illicit financial flows. Which he warned continue to erode public revenue and heighten reliance on debt. Edun made the remarks while opening the 5th Special Technical Committee Sub-Committee. On Tax and Illicit Financial Flows, emphasizing the…
