…₦20.69bn Series II Issuance of the FCMB-TLG Private Debt FundNigeria's pioneer Naira-denominated Private Debt Fund, FCMB-TLG Private Debt Fund, records 103.43% subscription, deepening the pool of long-term local-currency capital available to mid-sized companiesFCMB Asset Management Limited (FCMBAM) and TLG Capital toda…

…and Forty Million, Eight Hundred and Seventy Three Thousand, Five Hundred and Sixty Six Naira, Sixty Six Kobo (N9,840,873,566.66) only was frozen while the Agency has secured interim forfeiture orders covering multibillion naira assets owned by members of the syndicate including: a filling station, multi-storey residen…

…approved free registration for 250,000 businesses and released hundreds of billions of naira through the Bank of Industry and Bank of Agriculture to dramatically improve access to affordable finance.” Oyedele also announced plans to strengthen collaboration between the state and the private sector, proposing “a Public…

…attract appropriate regulatory sanctions,” the CBN stated. DAILY POST reports that the naira appreciated for the second time this week, closing at N1,381.53 per dollar on Thursday. Dollar to Naira Exchange: CBN issues fresh guidelines for BDCs on FX purchases, announces portal

…and Forty-Five Million, One Hundred and Seventy Thousand, Two Hundred and Ninety-Four Naira, Nine Kobo) eleven exotic cars worth N4.293,000, 000 (Four Billion, Two Hundred and Ninety-Three Million Naira), $50, 000( Fifty Thousand United States Dollars) and N30, 000,000 (Thirty Million Naira) cash. Justice Jude Onwugbuz…

…we can do SAP but get it right if you look at the policies such as floating of the Naira, removal of subsidies those are core principles of SAP.” She added that Nigeria had no choice but to work with its history, noting that “we have to start from where we are, where we have had 40 years of policies some of which have…

EFCC interrogates activists Mama Pee and Randy Peter over Naira Abuse allegations Good governance activists, Peter Akah aka RandyPeter and Precious Oruche aka MamaPee were on Wednesday, July 15, invited by the police to answer questions over allegations of abuse of the Naira. Both activists were invited separately via…

…abducted the five-year-old victim and subsequently demanded a ransom of Ten Million Naira (N10,000,000.00) for her release. "Acting on credible intelligence generated during the course of the investigation, operatives stormed the suspects' hideout where the victim was rescued unhurt at about 10:35 p.m. "The operation a…

…Emeka Nobis, who lost his mother after a cancer battle that cost the family millions of Naira, shared the list on Facebook and called for the modification of traditions that don't serve us. He wrote: 'Today, we went again to my mum's village - my brother and I. The first visit is what is called "Mbete Akwa." It means t…

…by honouring 115 of its highest-performing business partners with millions of Naira in cash, brand-new vehicles and other valuable prizes at the 2026 Glo Partners' Reward Gala.Held on Thursday at the prestigious Eko Hotel & Suites, Victoria Island, Lagos, the colourful event celebrated dealers whose outstanding perform…

…indicators cited. It is the number of jobs created, inflation declining, the naira stabilising and businesses investing with confidence. It is about the number of lives improved. That is why this committee has been established,” he said. Oyedele said the committee would not exercise executive authority or duplicate the…

Dangote Refinery dumps Naira sales, Shifts to Dollar-denominated pricing for Fuel In a major commercial shift, the Dangote Petroleum Refinery has suspended its naira-based transaction model and officially transitioned to a dollar-denominated pricing framework for all refined products.The new policy effectively ends the…

…account while her sister's ATM card had been retained by an ATM. She said thousands of naira disappeared through multiple unauthorized transactions until only a small amount remained. According to her, she later realized the man had memorized the details on her ATM card and used them for online purchases without her co…

…support package presented to the bereaved family includes: Cash donation of One Million Naira (₦1,000,000), food items comprising five bags of rice, six bags of spaghetti, six bags of macaroni and two 25-litre jerry cans of vegetable oil,” the statement said. Receiving the items on behalf of the Commissioner of Police,…

…did conspire amongst yourselves to receive the sum of Five Hundred and Eighty Thousand Naira (N580,000) from Danranmi for the purchase of One Hundred and Fifty rounds of ammunition (150) from one Chairman having reasonable grounds to believe that it will be used in full or in part to commit an offence under the Terrori…

Nollywood actress Funke Akindele opened up about the personal sacrifices she made to deliver her record-breaking film Behind The ScenesThe filmmaker revealed she abandoned self-care, skipped parties, and endured sleepless nights to give the project her allBehind The Scenes has grossed N2.7 billion at the box office, so…

…a Zenith Bank Plc cheque… in the sum of Five Million, Five Hundred and Thirty Thousand Naira (N5,530,000.00) which upon presentation for payment within three months of issuance was dishonoured on the ground of insufficient funds in the account on which the cheque was drawn.” The EFCC said the defendant pleaded not guil…

…per cent through a series of hikes in 2024 aimed at curbing inflation, stabilising the naira and restoring investor confidence. After holding the benchmark rate at 27.50 per cent throughout most of 2025, the MPC began a cautious easing cycle in September 2025, cutting the MPR by 50 basis points to 27.00 per cent as inf…

…handed over to Florence Nnakuzie and allegedly sold for the sum of Two Million Naira (N2,000,000), while the two-week-old baby was allegedly sold to another woman who is currently at large. "Consequently, the Commissioner of Police, CP Ikioye Orutugu, fwc, mnips, PhD, while describing child trafficking as a grave viola…

…the reduction as a positive development, adding that the continued depreciation of the Naira against foreign currencies could limit the benefits. He said that although the lower import duty would provide some relief, the exchange rate challenge remained a major concern, as most vehicles were imported from Europe. In a…

…across its coverage areas, leading to the adjustment and offsetting of millions of naira in billing discrepancies. She assured customers that the company remained committed to ensuring accurate billing and improved service delivery. The post Ebonyi CSOs threaten legal action against EEDC over alleged overbilling, disco…

…don’t come empty-handed. Bring gifts for both Peller and myself. Don’t come and spray us naira, spray us US dollars. And if it’s naira, ₦500 should be the lowest denomination,” she said. Jarvis also discouraged guests from bringing what she described as “unnecessary” household items, saying she would rather receive exp…

…of 2,419.48 kilograms of methamphetamine worth over Four Hundred and Eighty Billion Naira (N480,000,000,000.00) in the international market at Mowe village, Ijebu East Local Government Area of Ogun State.The defendants identified as Anochili Innocent, 63; Juan Carlos Meza Torrero, 49; Nemecio Martinez Felix, 46; Jesus…

…worked as a Senior Consultant at KPMG in Lagos, where he handled multi-million-naira business deals. However, after relocating to Canada in search of better opportunities, he found himself working in a warehouse. He disclosed that his current job is supervised by a 19-year-old named Ethan, who recently criticised him f…

…‎ ‎Meanwhile, the kidnappers cleared her rent, which was estimated at 2 million naira and due for payment, alongside emptying her bank account. Additionally, they used her OPay and FairMoney accounts to borrow 1.5 million naira each. ‎ According to the woman, she lost access to her accounts after the kidnappers seized…