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JPMorgan Gets CBN Nod for Nigerian Merchant Bank, Final Licence Pending
Business

JPMorgan Gets CBN Nod for Nigerian Merchant Bank, Final Licence Pending

The Central Bank of Nigeria has granted JPMorgan Chase approval-in-principle to establish a merchant bank in Nigeria, bringing the US financial giant closer to expanding its locally licensed services for major companies and institutional clients.

By Amara Okonkwo16 hr agoRead full story →
UAE’s Lana Nusseibeh Enters UN Chief Race, Pledges Quiet Diplomacy
Global

UAE’s Lana Nusseibeh Enters UN Chief Race, Pledges Quiet Diplomacy

The United Arab Emirates has nominated senior diplomat Lana Nusseibeh to become the next United Nations secretary-general, with her campaign centred on quiet diplomacy, conflict prevention and reforms to make the global body more effective.

1 day agoBy Rashid Al-Mansoori

Top Stories

Bayern Munich Sells Stake to Viessmann in $4.5bn Valuation Deal
Sports

Bayern Munich Sells Stake to Viessmann in $4.5bn Valuation Deal

Africa’s richest man, Aliko Dangote, has expanded the leadership responsibilities of his three daughters across key businesses in his conglomerate, fuelling discussion about succession as he seeks to build the group into a $100 billion enterprise.

1 day agoBy Daniel Whitmore
Mbah Commissions Anchorage Pharmaceutical Production Facility in Enugu
Health

Mbah Commissions Anchorage Pharmaceutical Production Facility in Enugu

Enugu State Governor Peter Mbah has commissioned Anchorage Pharmaceutical Industries Limited’s production facility in Enugu, as Nigeria seeks to expand domestic medicine manufacturing, create skilled jobs and reduce dependence on imported pharmaceuticals.

1 day agoBy Nath Ogbu
France Confirms World’s First Human Case of Shamonda Virus
Health

France Confirms World’s First Human Case of Shamonda Virus

France has confirmed the first documented human infection with Shamonda virus, previously known to affect animals, after a severely immunocompromised patient died in Lyon, although authorities say no risk to the general population has been identified.

1 day agoBy Daniel Whitmore
JPMorgan Deposits ₦50bn With CBN as It Seeks Nigerian Banking Licence
Business

JPMorgan Deposits ₦50bn With CBN as It Seeks Nigerian Banking Licence

JPMorgan Chase has reportedly deposited ₦50 billion with the Central Bank of Nigeria as it pursues a merchant banking licence that could expand the US financial giant’s services to Nigerian businesses, although final regulatory approval is still pending.

2 days agoBy Thabo Molefe

Editor's Picks

Trump Approval Rating Hits New Low Ahead of US Midterm Elections
Politics

Trump Approval Rating Hits New Low Ahead of US Midterm Elections

US President Donald Trump’s approval rating has fallen to a new low in major national polls less than two weeks before the November 3 midterm elections, with voter concerns about living costs, the economy and the war with Iran weighing on Republicans’ prospects.

2 days agoBy Marcus Reyes
Guinness Nigeria’s Nine-Month Profit Jumps 53% to ₦40.69bn
Business

Guinness Nigeria’s Nine-Month Profit Jumps 53% to ₦40.69bn

Guinness Nigeria’s profit after tax rose 53.1% to ₦40.69 billion in the nine months to September 2026, supported by higher revenue and a sharp reduction in finance expenses, as the brewer declared an additional ₦7 interim dividend per share.

2 days agoBy Thabo Molefe
Macron Hits Back at Trump, Netanyahu Over France Riot Claims
Europe

Macron Hits Back at Trump, Netanyahu Over France Riot Claims

French President Emmanuel Macron has condemned foreign leaders, including US President Donald Trump, for blaming France’s recent riots on migration, accusing them of spreading misleading claims and exploiting the unrest for political gain.

2 days agoBy Daniel Whitmore

Business

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Middle East

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Israel Orders West Bank Closure After Hebron Checkpoint Shooting
Middle East

Israel Orders West Bank Closure After Hebron Checkpoint Shooting

Two Palestinian gunmen were killed after opening fire at an Israeli military checkpoint near Hebron in the occupied West Bank on Friday, leaving at least five Israelis wounded and prompting sweeping movement restrictions across the area.

22 hr agoBy Rashid Al-Mansoori

Politics

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2027 Elections: Atiku Demands Access to Nigeria’s 103m Voters
Politics

2027 Elections: Atiku Demands Access to Nigeria’s 103m Voters

African Democratic Congress (ADC) presidential candidate Atiku Abubakar has urged Nigeria’s electoral commission to publish the preliminary register of more than 103 million voters online, raising concerns about public access ahead of the 2027 general election.

22 hr agoBy Nath Ogbu

Entertainment

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Veteran Nollywood Actor Francis Duru Dies at 57
Entertainment

Veteran Nollywood Actor Francis Duru Dies at 57

Veteran Nollywood actor Francis Duru, best known for his role in the classic film Rattlesnake, has died at 57 after a brief illness, his family and the Actors Guild of Nigeria have confirmed.

23 hr agoBy Queen Diana Story
Nigeria Unveils 90-Day Cost-of-Living Plan, Pushes to Expand Gas Supply
Nigeria

Nigeria Unveils 90-Day Cost-of-Living Plan, Pushes to Expand Gas Supply

Nigeria’s National Economic Council has endorsed a 90-day plan to ease living costs, while President Bola Tinubu is backing efforts to unlock the full capacity of a major gas pipeline in a push to improve energy supply, support industry and expand economic opportunities

1 day agoBy Amara Okonkwo

Transport Aviation

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UAE’s Lana Nusseibeh Enters UN Chief Race, Pledges Quiet Diplomacy
Global

UAE’s Lana Nusseibeh Enters UN Chief Race, Pledges Quiet Diplomacy

The United Arab Emirates has nominated senior diplomat Lana Nusseibeh to become the next United Nations secretary-general, with her campaign centred on quiet diplomacy, conflict prevention and reforms to make the global body more effective.

1 day agoBy Rashid Al-Mansoori
Mbah Commissions Anchorage Pharmaceutical Production Facility in Enugu
Health

Mbah Commissions Anchorage Pharmaceutical Production Facility in Enugu

Enugu State Governor Peter Mbah has commissioned Anchorage Pharmaceutical Industries Limited’s production facility in Enugu, as Nigeria seeks to expand domestic medicine manufacturing, create skilled jobs and reduce dependence on imported pharmaceuticals.

1 day agoBy Nath Ogbu
Macron Hits Back at Trump, Netanyahu Over France Riot Claims
Europe

Macron Hits Back at Trump, Netanyahu Over France Riot Claims

French President Emmanuel Macron has condemned foreign leaders, including US President Donald Trump, for blaming France’s recent riots on migration, accusing them of spreading misleading claims and exploiting the unrest for political gain.

2 days agoBy Daniel Whitmore

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