By Samuel Oechukwu NIGERIA- The Central Bank of Nigeria’s (CBN) recent currency and monetary policy reforms have drawn significantly positive ratings and recognition from major international credit rating agencies and multilateral financial institutions. This is viewed as a vote of confidence in the new administration’s efforts to stabilize the economy and foster long-term growth. The […]
Customers’ deposits in Fidelity Bank grows to N7.2trn, gross earnings hit N749bn in H1 2025
By Ginika Okoye BANK- Fidelity Bank’s customers deposits have risen to N7.2 trillion in the first half (H1) of 2025 from the N5.9 trillion recorded in 2024 financial year. The Bank’s unaudited financial report for the half year ended June, 2025, posted on the Nigerian Exchange Group NGX platform (NGX) showed that the bank also […]
Lagos splashes N150m to 2025 agrithon finalists
By Mercy Omoike and Aderonke Ojediran LAGOS, NIGERIA- The Lagos State Government has splashed the sum of N150 million to the 2025 Agrithon finalists to ensure agricultural sustainability and systems in the state. The fund was granted at the state’s Ministry of Agriculture and Food Systems Agrinnovation Summit 2.0 held on Thursday in Lagos. The […]
Dollar to Naira exchange rate today, November 13, 2025
By Samuel Okechukwu, The Nigerian foreign exchange market operates with different rates, primarily the official rate (Naira for Dollar exchange market or NFEM) and the parallel (black) market rate. Here are the indicative exchange rates for USD to NGN today, Thursday, November 13, 2025. READ ALSO Trump Bet Big On Bitcoin As His Media Lost […]
Trump Bet Big On Bitcoin As His Media Lost $54.8 Million Last Quarter
By Gbenga Oresanya USA- Donald Trump, the crypto skeptic-turned-“chief crypto advocate,” became one of the world’s biggest bitcoin investors this summer, when his Trump Media and Technology Group purchased $2 billion of the cryptocurrency. On stage at a bitcoin conference in Las Vegas, one day after news of the plan became public, first son Donald […]
Kaduna Secures $450m Chinese Poultry Investment, Poised to Create 350,000 Jobs
By Samuel Okechukwu Kaduna, Nigeria—In a major boost to Nigeria’s agricultural sector and food security drive, Kaduna State has finalized a landmark $450 million poultry project in partnership with Chinese investors. The ambitious initiative is projected to create over 350,000 direct and indirect jobs, positioning the state as a dominant hub for poultry production in […]
Tesla Shareholders Approve Elon Musk’s Record $1 Trillion Pay Package
By Samuel Okechukwu AUSTIN, TX—Tesla shareholders delivered a massive vote of confidence to CEO Elon Musk on Thursday, overwhelmingly approving a new, potentially $1 trillion (£760bn) compensation package that is conditional on the company achieving a series of extraordinary technological and financial milestones over the next decade. The unprecedented deal was approved by 75% of […]
Reps approve Tinubu’s request to borrow $2.35bn, issue $500m sovereign sukuk
By Chidimma Okwara, ABUJA, NIGERIA—The House of Representatives has approved President Bola Ahmed Tinubu’s request to secure a total of $2.35 billion in external loans to finance part of the 2025 budget deficit and issue a $500 million debut sovereign Sukuk in the international capital market to fund infrastructure projects and diversify Nigeria’s financing sources. […]
Aliko Dangote’s Net Worth Hits $30.2 Billion in 2025, Cementing Status as Africa’s Richest
By Samuel Okechukwu, African industrialist Aliko Dangote has achieved a significant financial milestone, with his net worth officially climbing to $30.2 billion in late 2025, according to the latest valuation from the Bloomberg Billionaires Index. This figure, reflecting a substantial year-to-date increase, firmly entrenches his position as the wealthiest person in Africa and places him […]
Meet Guinness Nigeria’s Newly Appointed Company Secretary, Abimbola Ajibola-Jimoh
By Samuel Okechukwu, Guinness Nigeria Plc, a subsidiary of Diageo Plc and a leading beverage company in Nigeria, has announced the appointment of Abimbola Ajibola-Jimoh as its new Company Secretary. Her appointment will take effect on the 1st of November 2025., marking a significant step in strengthening the company’s corporate governance and compliance structure. The […]

