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  • Naira Depreciates Further in Official Market vs USD

    By Ifunanya | February 20, 2026 | Comments Off on Naira Depreciates Further in Official Market vs USD

    The Nigerian naira experienced divergent movements across foreign exchange markets on Thursday, according to Central Bank of Nigeria (CBN) data, weakening at the official window while strengthening in the parallel market. This split performance highlights […]

  • Lagos ports set to receive 28 fuel, container vessels

    By Ifunanya | February 20, 2026 | Comments Off on Lagos ports set to receive 28 fuel, container vessels

    A total of 28 vessels, carrying petroleum products, containerised cargo, and other commodities, are scheduled to arrive at Lagos ports between February 19 and February 28, according to the Nigerian Ports Authority (NPA). The authority’s […]

  • Macron Tells Meloni to Stay in Lane on Activist Killing

    By Ifunanya | February 20, 2026 | Comments Off on Macron Tells Meloni to Stay in Lane on Activist Killing

    French President Emmanuel Macron has urged Italian Prime Minister Giorgia Meloni to refrain from commenting on France’s internal affairs, following her remarks on the killing of a French far-right activist in Lyon. The activist, Quentin […]

  • NGX Lists First Commercial Paper with Dangote Cement

    By Ifunanya | February 20, 2026 | Comments Off on NGX Lists First Commercial Paper with Dangote Cement

    The Nigerian Exchange Limited (NGX) has recorded its first-ever Commercial Paper (CP) listing, marking a significant step in the development of the country’s short-term debt market. The milestone was achieved with the admission of two […]

  • EFCC Partisan Bias Against Opposition Alleged by ADC

    By Ifunanya | February 20, 2026 | Comments Off on EFCC Partisan Bias Against Opposition Alleged by ADC

    The African Democratic Congress (ADC) has accused Nigeria’s Economic and Financial Crimes Commission (EFCC) of demonstrating political bias, claiming the anti-graft agency predominantly targets opposition figures while shielding allies of the ruling party. Bolaji Abdullahi, […]

  • Nigeria FCT Poll: SDP Criticizes Tinubu’s Bad Leadership

    By Ifunanya | February 20, 2026 | Comments Off on Nigeria FCT Poll: SDP Criticizes Tinubu’s Bad Leadership

    Ahead of FCT Poll, opposition figure blames Nigeria’s woes on ‘bad leadership’ ABUJA — As the Federal Capital Territory prepares for local government elections on Saturday, a prominent opposition figure has sharply criticised President Bola […]

  • ECB Fines JPMorgan €12.2M for Misreporting Risk, Largest Fine

    By Ifunanya | February 20, 2026 | Comments Off on ECB Fines JPMorgan €12.2M for Misreporting Risk, Largest Fine

    The European Central Bank (ECB) has imposed a fine of 12.2 million euros ($14.4 million) on JPMorgan’s German branch, JPMorgan SE, for significant breaches in capital reporting requirements between 2019 and 2024. This marks the […]

  • FIFA Ruling on Nigeria’s DR Congo Protest for 2026 World Cup

    By Ifunanya | February 20, 2026 | Comments Off on FIFA Ruling on Nigeria’s DR Congo Protest for 2026 World Cup

    Nigeria’s 2026 World Cup Hopes Hang on FIFA Protest Ruling Abuja, Nigeria – Nigeria’s pathway to the 2026 FIFA World Cup now rests entirely with global football authorities following an official protest by the Nigeria […]

  • IMF Urges Mozambique Fiscal Consolidation Amid Debt Woes

    By Ifunanya | February 20, 2026 | Comments Off on IMF Urges Mozambique Fiscal Consolidation Amid Debt Woes

    The International Monetary Fund (IMF) has warned that Mozambique’s high debt burden is severely constraining government financing, projecting a gradual fiscal adjustment but flagging persistent risks from interest payments and a vulnerable external position. In […]

  • EEDC Partial National Grid Collapse Darkens Southeast

    By Ifunanya | February 19, 2026 | Comments Off on EEDC Partial National Grid Collapse Darkens Southeast

    Parts of Southeast Nigeria are experiencing a power outage following a partial collapse of the national grid, the Enugu Electricity Distribution Company (EEDC) confirmed on Thursday. The disruption occurred at approximately 11:54 a.m. according to […]

  • Oil Rises on US-Iran Tension, Global Supply Fears

    By Ifunanya | February 19, 2026 | Comments Off on Oil Rises on US-Iran Tension, Global Supply Fears

    Oil prices rose on Thursday amid heightened geopolitical tensions between the United States and Iran, while major stock indices in the U.S. and Europe declined, reversing earlier gains in Asia. Brent crude increased by 1.7% […]

  • CAC Resolves 20-Year Corporate KPMG Dispute in Nigeria

    By Ifunanya | February 19, 2026 | Comments Off on CAC Resolves 20-Year Corporate KPMG Dispute in Nigeria

    The Corporate Affairs Commission (CAC) has announced the resolution of a more than 20-year dispute between the Nigerian entities of global professional services firm KPMG. The settlement ends prolonged litigation that had strained relations between […]

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