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TotalEnergies to invest $6bn in Nigeria's Deepwater

TotalEnergies Q1 pre-tax profit jumps 70% to ₦1.9bn

  • 2nd May 2026

Access Holdings Q1 pre-tax profit rises 22% to

  • 2nd May 2026
Abia to launch electric transport system July — Otti

Abia to clear 20-year gratuity backlog with N10bn

  • 2nd May 2026

Apple warns of worsening memory shortage

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UEFA eyes $5.9bn revenue from new TV rights deals

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FG to generate N28.1bn from Ijora workshop concession - ICRC
Policy and Regulations

Sustain public-private partnership projects, ICRC urges Tinubu

The Management of Infrastructure Concession Regulatory Commission has appealed to the new President, Bola Ahmed Tinubu, to key into the Federal Government approved Public Private partnership as a penesea for economic growth.   According to The Sun, the Director General ICRC, J. A. Michael Ohiani, made the appeal on Monday in Abuja shortly after the […]

Petrol queues surface in Lagos, Abuja after Tinubu's subsidy announcement
Opinion

Subsidy removal: IPMAN blames panic-buying for resurgence of queues

The Independent Petroleum Marketers Association of Nigeria has attributed the sudden resurgence of queues at petrol stations in parts of the country to panic-buying.   PUNCH Metro had on Monday reported that queues for petrol resurfaced in parts of the country shortly after the President, Bola Ahmed Tinubu, announced the cancellation of petrol subsidy.   […]

Queues return as IPMAN opposes Tinubu subsidy removal
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Queues return as IPMAN opposes Tinubu subsidy removal

  President Bola Tinubu’s plan to execute his predecessor’s decision to withdraw fuel subsidy by the end of June has been met with opposition from the Independent Petroleum Marketers Association of Nigeria. AM Business on Monday reported that Tinubu said in Abuja that his government would end petroleum subsidy payments. He argued that the Federal […]

Petrol queues surface in Lagos, Abuja after Tinubu's subsidy announcement
News

Petrol queues surface in Lagos, Abuja after Tinubu’s subsidy announcement

  Residents of Lagos have started experiencing another rounds of long queues in various petrol stations following the announcement of the fuel subsidy removal by President Bola Tinubu. AM Business reported that Tinubu, in his inaugural speech shortly after his swearing-in in Abuja, declared that “fuel subsidy is gone”. He claimed that the budget he […]

Focus on agriculture in fight against poverty - Agric expert tells Tinubu
Economy

Tinubu vows to review Emefiele’s naira redesign policy

By Wilson Adekumola   The newly inaugurated President, Bola Ahmed Tinubu has promised Nigerians that he would review the naira redesign policy of his predecessor.   Tinubu made this promise in his inaugural address delivered at the Eagle Square, Abuja.   He also said both new and old currency notes would be treated as legal […]

Fuel subsidy is gone, Tinubu tells Nigerians
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Fuel subsidy is gone, Tinubu tells Nigerians

Fuel subsidy is gone, says Tinubu President, Bola Tinubu has stated that there will be no more fuel subsidy in Nigeria. He stated this during his official inauguration speech after his swearing in at the Eagle’s Square, Abuja on Monday. “The fuel Subsidy is gone. It is unjustifiable…..we shall rechannel the funds to education and […]

UBA vows to draw capital to ECOWAS mining industry
Business

ECOWAS, France strike €20m agricultural development deal

The Economic Community of West African States and the French Development Agency have signed two new financial agreements totaling €20 million in support of the regional agriculture strategy. The Guardian reported that the two finance agreements were signed on Monday, May 29, 2023, in Abuja, by the Director of the French Development Agency in Nigeria, Mr. Xavier Muron, […]

Domestic airlines applaud NCAA for rejecting Nigeria Air AOC application
Aviation

Domestic airlines applaud NCAA for rejecting Nigeria Air AOC application

Domestic airlines have thanked the Nigerian Civil Aviation Authority for sparing the aviation sector from the negative effects of giving an air operator certificate to Nigeria Air without following the proper procedures. The Punch reported that on Sunday, the NCAA team, led by its Director General, Capt. Musa Nuhu was commended by the association for having […]

FG, AfDB discuss Coastal, trans-sahara highway projects funding
Economy

Fuel Subsidy: Nigeria’s economy lost $10bn in 2022 – AfDB

The president of the African Development Bank, Akinwumi Adesina has said that Nigeria’s economy lost 10 billion dollars due to fuel subsidies in 2022. According to the News Agency of Nigeria, at a speech in Abuja, Adesina claimed that Nigeria’s fuel subsidies assist the wealthy rather than the poor. The poorest 40% of the population, […]

NAFDAC cuts licensing fees by 65%
News

NAFDAC to shut Kebbi water factories over hygiene requirement failure

The Kebbi state branch of the National Agency for Food Drug Administration and Control on Saturday organized a one-day sensitization session at the College of Nursing Sciences Birnin Kebbi to air its concern about water hygiene in the state. Independent News reported that according to the state coordinator, Sulaiman Muyideen.the initiative is intended to educate […]

Nigerian Aviation Handling Company Plc
Business

NACHO chair demands release of foreign airlines’ trapped funds

The Chairman of the Board of Nigerian Aviation Handling Company Plc, Dr Seinde Fadeni, has urged the Federal Government to release the funds owned by foreign airlines currently withheld in the Central Bank of Nigeria. The Punch reported that Dr Fadeni said this while speaking at the 42nd Annual General Meeting of the Company in […]

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