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BoI to Invest 70% of €85m EIB Facility in Nigeria's Cocoa, Dairy Value Chains
Business

BoI to Invest 70% of €85m EIB Facility in Nigeria's Cocoa, Dairy Value Chains

The Bank of Industry says 70 per cent of the European Investment Bank-backed financing will support cocoa and dairy value addition, aligning with Nigeria's push to expand local processing and reduce dependence on raw commodity exports

Our Reporter · 17 Jul 2026

SEC Launches Nationwide Drive to Help Investors Recover Unclaimed Dividends
Business

SEC Launches Nationwide Drive to Help Investors Recover Unclaimed Dividends

The Securities and Exchange Commission says the initiative will educate investors on how to verify and reclaim unclaimed dividends and other capital market funds through the National Investor Protection Fund

Our Reporter · 17 Jul 2026

CBN: Nigeria’s External Reserves Hit $52bn, Net Reserves Top $40bn
Business

CBN: Nigeria’s External Reserves Hit $52bn, Net Reserves Top $40bn

Governor Olayemi Cardoso says economic reforms have restored investor confidence and positioned banks to finance Nigeria's next phase of private-sector growth

Our Reporter · 17 Jul 2026

Petrol Prices Set to Rise as Importers Increase Depot Price to ₦1,350 Per Litre
Business

Petrol Prices Set to Rise as Importers Increase Depot Price to ₦1,350 Per Litre

The increase, driven by the higher cost of imported cargoes, is expected to push up pump prices nationwide despite the Federal Government's move to expand fuel import licences to encourage market competition

Our Reporter · 17 Jul 2026

Mary Habila’s Death: Northern Youths Give Umahi Seven Days to Resign, Threaten Nationwide Protests
Metro

Mary Habila’s Death: Northern Youths Give Umahi Seven Days to Resign, Threaten Nationwide Protests

The Northern Youth Council of Nigeria says the Minister of Works should step aside to allow an independent investigation into the death of 26-year-old Mary Habila, warning that it will organise nationwide protests if its demands are not met within seven days

Our Reporter · 17 Jul 2026