Category: News

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings and one of Nigeria’s leading financial services institutions, has reinforced its commitment to driving sustainable economic growth through a strategic partnership with the African Development Bank (AfDB). The initiative enhances the bank’s ability to channel long‑term funding into critical areas of the Nigerian economy, including trade,…

A major controversy has erupted in Nigeria over a proposed amendment to the Customs and Excise Tariff (Consolidation) Act that seeks to drastically increase the excise duty on Sugar-Sweetened Beverages (SSBs) from the current ₦10 per litre to as high as ₦130 per litre, representing a staggering 1,200% increase. The bill, sponsored by Senator Ipalibo…

Lagos State Governor Babajide Sanwo-Olu has strengthened his administration’s commitment to social welfare by disbursing ₦1.6 billion to support 4,117 vulnerable residents across the state under the Eko Cares, Eko Listens programme over the past year. The initiative aims to cushion the effects of economic hardship and empower residents to meet urgent personal and business…

About 100 schoolchildren who were abducted from a Catholic boarding school in Papiri village, Niger State last month have been safely returned and received by state officials, in a major relief for families and authorities. The students were handed over to the state government on Monday, a day after the federal government reportedly secured their…