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Essential Nigeria News

Friday, September 18, 2026 Volume XXIII Breaking News & Latest Updates
GTCO, Zenith Lead Nigeria’s Biggest Banks in Capital Strength Business

GTCO, Zenith Lead Nigeria’s Biggest Banks In Capital Strength

Guaranty Trust Holding Company (GTCO) and Zenith Bank have emerged as the leading banks among Nigeria’s FUGAZ group in terms of capital adequacy ratio (CAR), highlighting their stronger financial buffers and ability to absorb potential risks.The capital adequacy ratio measures a bank’s financial str...

By Esther July 28, 2026
FX Market Turnover Rises to $4.4bn as Large Transactions Drive Activity Business

FX Market Turnover Rises To $4.4bn As Large Transactions Drive Activity

Nigeria’s foreign exchange market recorded a surge in trading activity as turnover climbed to $4.4 billion, driven by increased participation from lar...

21 0
1 month ago
Tinubu condemns Kaduna attack, orders hunt of perpetrators Breaking News

Tinubu Condemns Kaduna Attack, Orders Hunt Of Perpetrators

President Bola Tinubu has condemned the killing of about 30 residents in Naridon Village, Kamaru Ward of Kauru Local Government Area of Kaduna State,...

25 0
1 month ago
Oil Prices Slide as US-Iran Pause Eases Supply Disruption Fears Business

Oil Prices Slide As US-Iran Pause Eases Supply Disruption Fears

Global oil prices declined as renewed hopes for a pause in US-Iran tensions reduced concerns over possible disruptions to crude supplies and shipping...

20 0
1 month ago
Porsche Plans 5,000 Job Cuts as Luxury Car Market Faces Pressure Business

Porsche Plans 5,000 Job Cuts As Luxury Car Market Faces Pressure

German luxury automaker Porsche has announced plans to reduce its workforce by about 5,000 jobs by 2035 as the company adjusts to changing market cond...

19 0
1 month ago