- Homeland News
Obasanjo, Osoba, monarchs, others celebrate Ogun at 50
Activities marking the 50th anniversary of the creation of Ogun State continued on Monday with an interfaith thanksgiving and prayer session held at the Arcade Ground, Governor’s Office, Oke-Mosan, Abeokuta. The event drew a distinguished audience, including former President Chief Olusegun Obasanjo, former Governor Chief Olusegun Osoba, past military administrators, traditional rulers, and other eminent sons and daughters of the…
Read More » - Homeland News
CIPM Kwara confers grand patron honour on Al-Hikmah University founder
By Mosunmola Ayobami, Ilorin As part of activities marking the conclusion of its Pre-Induction Training, the Kwara State Branch of the Chartered Institute of Personnel Management of Nigeria (CIPM) paid a courtesy visit recently to the Founder of Al-Hikmah University, Ilorin, Alhaji Chief Abdulraheem Oladimeji. The visit was aimed at expressing the Branch’s appreciation for the Founder’s outstanding contribution to…
Read More » - Company Report
Conoil declares 77% drop in profit over hike in finance
Conoil Plc on Monday announced its 2025 unaudited result and accounts with profit before tax dropping by 77 per cent to N2.53billion as against N11 billion posted in 2024 financial year. The listed petroleum marketing company on the Nigerian Exchange Limited (NGX) also saw its profit after tax drop by 77.1 per cent to N2.01 billion in 2025 from N8.77billion…
Read More » - Business
CBN launches Fintech report spotlighting growth
The Central Bank of Nigeria (CBN) has launched its Fintech Report, a comprehensive assessment of the country’s fast-growing digital finance ecosystem. The report, released on Monday, built on insights from stakeholder surveys, closed-door workshops, and roundtables with fintech operators across the country. It captures candid feedback from industry players on innovation, regulation, and infrastructure, offering a snapshot of both the…
Read More » - Company Report
Oando grows profit by 10% to N241.3bn as upstream production rises 32% in 2025
Oando Plc has published its unaudited results for the full year ended December 31, 2025 with a profit after tax of N241.8billion, representing an increase of 10 per cent when compared to N220.1 billion reported in the full year ended December 31, 2024. The growth in profit was supported by higher upstream production, impairment reversals, and favourable tax adjustments. However,…
Read More » - Economy
Nigeria Customs advances global trade innovation
The Nigeria Customs Service (NCS) has reaffirmed its commitment to technology-driven border management and international cooperation. The NCS was led by Comptroller-General of Customs (CGC) Adewale Adeniyi who highlighted its commitment to tech-enabled border management and trade facilitation at the 2026 World Customs Organisation (WCO) Technology Conference in Abu Dhabi, aligning with global best practices in digitalisation, data exchange, and…
Read More » - Homeland News
Kwara govt. reopens schools as security forces haunt bandits
By Mosunmola Ayobami, Ilorin Schools across Kwara State can now reopen from Monday February 2, 2026, the government announced on Sunday. This was contained in a statement by the Commissioner for Education and Human Capital Development Dr. Lawal Olohungbebe on Sunday in Ilorin. He said school authorities have been notified of the decision which came amid continuous security operations to…
Read More » - Perspectives
If capital is the answer, what exactly is the problem with First Holdco?, by Blaise Udunze
The Olayemi Cardoso-led Central Bank of Nigeria’s 24-month compliance timeline for the recapitalization of Nigeria’s banking system is about to conclude on March 31, 2026, which is framed as an unavoidable solution to systemic fragility, weak balance sheets, and the demands of a larger, more complex economy. Bigger capital, regulators argue, will produce stronger banks. Though First Bank may have…
Read More » - Economy
India, Nigeria among 10 top contributors to global GDP growth, says IMF
A new report from the International Monetary Fund (IMF) has listed 10 countries, including India and Nigeria, among the top contributors to global economic growth for 2026. This is consistent with the world’s richest man, Elon Musk, declaring yesterday that “the balance of power is changing.” While the IMF data placed Nigeria at number six with a projected 1.5 per…
Read More » - Economy
First HoldCo profit in 2025 amid clearing up N748bn bad loans, says Femi Otedola
The Chairman of First HoldCo Plc, Femi Otedola revealed that Holding took a major profit hit to clean up its N748 billion in bad loans. In a post on his X account, Otedola said the decision to clean up the loans was a serious long-term move, even though it caused a sharp fall in the company’s 2025 profit. “At First…
Read More »
Follow our WhatsApp Channel