2 h. ago Exchange Rate Volatility Affects Trade Patterns As Customs Generates N1.75trn

The Nigeria Customs Service (NCS) has announced a revenue generation of ₦1.75 trillion in the first quarter (Q1) of 2025, surpassing its quarterly target by ₦106.5 billion and marking a 29.96 per cent increase over the same period in 2024. However, the Service said its operations were not without challenges, particularly the volatility of exchange […]

Politics

10 h. ago Kolomoni MFB, AMMBAN partner on AfriGo debit cards inclusion for expansion

From Bamigbola Gbolagunte, Akure Kolomoni Microfinance Bank and the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) have partnered to distribute AfriGO debit cards to millions of Nigerians, aiming to enhance financial inclusion. The collaboration, announced on April 13, leverages Kolomoni’s digital banking expertise and AMMBAN’s extensive agent network to reach unbanked and […] The post Kolomoni MFB, AMMBAN partner on AfriGo debit cards inclusion for expansion appeared first on The Sun Nigeria.

Politics

11 h. ago Governor Bago Orders 6 PM To 6 AM Curfew In Minna Amid Security Concerns

The Niger State Government has implemented a new security measure in Minna, the state’s capital, by imposing a nightly curfew on commercial motorcycles (Okada) and tricycle drivers (Keke NAPEP). The curfew will run from 6 pm to 6 am every day. Governor Mohammed Umar Bago announced the decision during a meeting with stakeholders on Tuesday, […] The post Governor Bago Orders 6 PM To 6 AM Curfew In Minna Amid Security Concerns appeared first on Information Nigeria.

Politics

12 h. ago Federation account revenue falls to ₦1.94 trn amid drop in oil receipts – CBN

From Adanna Nnamani, Abuja In January, Nigeria’s Federation Account revenue dropped to ₦1.94 trillion, a 31.35% decline from December 2024 and 35.22% below the monthly benchmark, according to the Central Bank of Nigeria’s (CBN) January 2025 Economic Report. The fall was driven by reduced receipts from Petroleum Profit Tax (PPT), royalties, Company Income Tax (CIT), […] The post Federation account revenue falls to ₦1.94 trn amid drop in oil receipts – CBN appeared first on The Sun Nigeria.

Politics

12 h. ago Nigeria Customs Generates N1.75trn In Q1 2025, Breaks Revenue Record

The Nigeria Customs Service (NCS) has reported a record-breaking revenue performance in the first quarter of 2025, raking in N1.75 trillion. The announcement was made during a press briefing in Abuja on Tuesday , where the Comptroller General of Customs, Bashir Adeniyi, attributed the impressive figures to sweeping reforms, increased surveillance, and enhanced digital operations. […] The post Nigeria Customs Generates N1.75trn In Q1 2025, Breaks Revenue Record appeared first on Information Nigeria.

Politics

12 h. ago Afreximbank’s net income rises 29% as strategic plan, samurai bonds drive growth

The African Export-Import Bank (Afreximbank) has reported a 29 percent rise in its net income for the financial year 2024 read more Afreximbank’s net income rises 29% as strategic plan, samurai bonds drive growth

Politics

17 h. ago Maintaining price stability remains CBN’s focus despite renewed inflationary pressure

One of the key goals of the Central Bank of Nigeria (CBN) is to maintain price stability, and this means read more Maintaining price stability remains CBN’s focus despite renewed inflationary pressure

Economics

17 h. ago CBN Struggles With Inflation As Broad Money Supply Surpasses N114trn

Nigeria’s broad money supply surged to N114.22 trillion in March 2025, defying the Central Bank of Nigeria’s (CBN) tight monetary policies. Despite the CBN’s imposition of a 50% Cash Reserve Ratio (CRR), the money supply rose by 24% from N92.19 trillion in March 2024, continuing the trend of monetary expansion. On a monthly basis, the […] The post CBN Struggles With Inflation As Broad Money Supply Surpasses N114trn appeared first on Information Nigeria.

Economics

17 h. ago CONUA seeks probe of NELFUND student loan mismanagement by institutions

By Gabriel Dike The Congress of University Academics (CONUA) on Tuesday expressed concern about recent reports alleging unethical practices by some institutions in the administration of the Nigerian Education Loan Fund (NELFUND), a scheme meant for students in tertiary institutions in the country. The union in a statement signed by the National President of CONUA, […] The post CONUA seeks probe of NELFUND student loan mismanagement by institutions appeared first on The Sun Nigeria.

Politics

17 h. ago Kundusi: “I’m Not Educated, Go And Compete With My Children” – MC Oluomo Defends Grammatical Error

Controversial Lagos socialite and President of National Union of Road Transport Workers, Musiliu Akinsanya, a.k.a MC Oluomo, has defended his grammatical error. MC Oluomo claimed that he has no reason to oppress anyone with English language due to his background as a child, struggling to survive. The Lagos socialite made the defence while speaking with […] The post Kundusi: “I’m Not Educated, Go And Compete With My Children” – MC Oluomo Defends Grammatical Error appeared first on Information Nigeria.

Politics

21 h. ago Guinness, Abbey Mortgage Bank, International Breweries top stocks to watch

For the week ending April 17, the Nigerian Exchange (NGX) extended its bearish trajectory in April, with the All-Share Index read more Guinness, Abbey Mortgage Bank, International Breweries top stocks to watch

Politics

26 h. ago Union Bank Rewards Customers With Motorcycles, Cash Prizes In Promo

Union Bank of Nigeria has rewarded another set of customers in the ongoing Save and Win Palli Promo 4 campaign. Six lucky customers each won a brand-new motorcycle, and 120 additional winners won cash prizes. The third monthly hybrid live draws were transparently conducted in Lagos under the supervision of relevant regulatory institutions. Union Bank […]

Economics

32 h. ago Fiscal pressure mounts as FG slashes spending, deficit expands

By Chinwendu Obienyi The Federal Government of Nigeria (FGN) recorded a significant decline in expenditure and revenue in January 2025, as fresh data from the Central Bank of Nigeria (CBN) revealed a deepening fiscal deficit and falling receipts from both oil and non-oil sources. According to provisional figures from the apex bank’s economic report for […] The post Fiscal pressure mounts as FG slashes spending, deficit expands appeared first on The Sun Nigeria.

Politics

32 h. ago Niger: Thugs on rampage, kill bank driver, beat man to coma in latest attack

From John Adams, Minna There seems to be no end in sight over the activities of some youths suspected to be thugs in Minna,  Niger State, who have continued to unleash terror, and stabbing innocent citizens to death without any provocation. The latest victims in the ongoing brutal killing by these thugs are  :a driver […] The post Niger: Thugs on rampage, kill bank driver, beat man to coma in latest attack appeared first on The Sun Nigeria.

Events

32 h. ago Afreximbank: Leveraging trade hubs to redefine Africa’s financial landscape

By Uche Usim The African export import bank (Afreximbank) is redefining the African financial landscape. Aside from being a strategic regional lender, the banking behemoth is reshaping the future of African trade and hoisting Africa’s flag boldly on the global financial arena. It is doing this through various initiatives. One of them is leveraging trade […] The post Afreximbank: Leveraging trade hubs to redefine Africa’s financial landscape appeared first on The Sun Nigeria.

Politics

40 h. ago ‘I’d Rather Prefer A Collabo Than Your N20m Gift’, Portable Tells Burna Boy

Controversial Nigerian singer, Habeeb Okikiola, a.k.a Portable, has expressed a preference for a musical collaboration with Grammy-winning artist Burna Boy over the latter’s N20 million gift he received from him. Over the weekend, Portable revealed that Burna Boy rewarded him with the generous sum following his victory in a celebrity boxing match against fellow singer […]

Politics

43 h. ago Police Arrest Suspected Traffickers, Recover Baby In Akwa Ibom

Operatives of the Akwa Ibom State Police Command, in their intensified surveillance during the ongoing Easter season, busted a syndicate specialising in trafficking new babies and trading them off for cash. LEADERSHIP gathered that the criminal gang bought most of the children at baby factories from willing young girls who claimed they could not support […]

Events

49 h. ago Soso Soberekon Pledges N20m Prize For Portable, Speed Darlington Rematch

Nigerian music executive and talent manager, Soso Soberekon, has pledged a N20 million reward for the winner of a rematch between controversial singer Speed Darlington and street-hop artist Portable. This follows the dramatic celebrity boxing match tagged Chaos in the Rings, where Portable emerged victorious over Speed Darlington on Friday night. Shortly after the bout, […] The post Soso Soberekon Pledges N20m Prize For Portable, Speed Darlington Rematch appeared first on Information Nigeria.

Politics

51 h. ago “No nation has developed on aid,” Adesina urges Africa to embrace self

Akinwumi Adesina, president of the African Development Bank (AfDB), has delivered a compelling call for Africa to reposition itself in read more “No nation has developed on aid,” Adesina urges Africa to embrace self-reliance

Politics

56 h. ago GOtv Boxing Night 33: Badoo vows to knockout Coffi, win N1m prize

Teen boxing sensation, Raheem “Badoo” Animashaun has vowed that his Beninois opponent, Gbodja Jean Coffi, will not go beyond three rounds when they meet at GOtv Boxing Night 33 on Saturday at the Molade Okoya-Thomas Indoor Sports Hall of Lagos’ Teslim Balogun Stadium. Their fight is one of the seven lined up at the event, […] The post GOtv Boxing Night 33: Badoo vows to knockout Coffi, win N1m prize appeared first on The Sun Nigeria.

Politics