Economy

Court freezes ₦448m funds in Keystone bank case

The Federal High Court in Lagos has ordered the freezing of funds and assets valued at ₦448,263,172.41 in a debt recovery suit instituted by...

CBN gives banks three weeks to complete cybersecurity audit 

The Central Bank of Nigeria (CBN) has directed banks to complete a mandatory cybersecurity self-assessment within three weeks as part of efforts to strengthen...

Tinubu seeks Senate approval for $6bn external loan

President Bola Tinubu has requested the Senate’s approval to secure external loans totaling $6 billion to support government financing needs. The request was conveyed in...

AfDB backs Dangote Refinery with $2.5bn in landmark loan deal

The African Export-Import Bank (AfDB) has underwritten $2.5 billion out of a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals. The...

TotalEnergies Nigeria revenue falls 26% to ₦767.63bn in 2025

TotalEnergies Marketing Nigeria Plc has recorded a 26 per cent drop in revenue to ₦767.63 billion for the year ended December 31, 2025, down...

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