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NNPC raises alarm over Nigeria’s growing energy skills

  • 21st August 2026

CBN calls for wider adoption of digital payment

  • 21st August 2026

EFCC charges two over alleged unlawful supply of

  • 20th August 2026

FG urges banks, fintechs to bridge $14.8bn gender

  • 20th August 2026

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NNPC raises alarm over Nigeria’s growing energy skills shortage

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CBN calls for wider adoption of digital payment channels

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Finance

Informal workers demand 50-50 pension co-contribution from FG

The Federation of Informal Workers Organisations of Nigeria has called on the Federal Government to introduce a 50:50 pension co-contribution scheme for informal workers as part of urgent measures to strengthen social protection for millions of Nigerians operating outside the formal sector. Vanguard reported that in a statement, FIWON said more than 93 per cent […]

Finance

Nigerian stock market declines over profit-taking by investors

After the sustained rally recorded in the previous weeks of May 2026, profit-taking by investors last week have taken toll on the Nigerian stock market. Vanguard reported that analysts noted that the profit-taking was mostly in major blue chip and mid-cap companies that had paid dividends to their shareholders. A review of activity on the […]

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Importers decry soaring demurrage costs over National Single Window delays

Importers and clearing agents have raised concerns over mounting demurrage costs at Nigerian seaports, blaming delays linked to the National Single Window platform for prolonged cargo clearance processes. Vanguard reported that the National President of the National Council of Managing Directors of Licensed Customs Agents, Lucky Amiwero, along with other customs agents, alleged that some […]

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Naira holds steady against dollar in official, parallel FX markets

The naira traded within a relatively stable range against the United States dollar on Monday, May 25, 2026, across both the official Nigerian Foreign Exchange Market and the parallel market. Data from the Central Bank of Nigeria’s NFEM window showed the official exchange rate hovering around ₦1,375 per dollar, following the last recorded closing rate […]

Business

Niger govt urges Dangote to explore basin oil development

The Niger State Government has urged the Dangote Group and other private investors to tap into opportunities in crude oil exploration within the Bida Basin. Speaking during a fireside session on the Dangote Special Day at the recently concluded Niger National Trade Fair in Minna, the Commissioner for Trade, Investment, Industry and Private Sector Development, […]

Business

Marketers warn of scarcity as cooking gas prices surge nationwide

The Nigerian Association of Liquefied Petroleum Gas Marketers has raised concerns over irregular supply and the rising cost of Liquefied Petroleum Gas (cooking gas), warning that the trend could lead to scarcity and worsen economic pressure on consumers. The association said the price of cooking gas has climbed above N1,500 per kilogramme, while marketers now […]

Aviation

FAAN engages international airlines to boost service delivery nationwide

The Federal Airports Authority of Nigeria has engaged members of the International Airlines Association of Nigeria in a bid to enhance protocol services and improve passenger experience across the country’s airports. The engagement was disclosed in a statement issued by FAAN on Sunday. According to the authority, its Director of Public Affairs and Consumer Protection, […]

Business

CBN mops up N3.69tn in massive liquidity tightening move

The Central Bank of Nigeria intensified its liquidity tightening drive on May 21, 2026, conducting one of its largest single-session Open Market Operations auctions and absorbing N3.692 trillion through two debt instruments. In the OMO auction results released by the apex bank the investor appetite far exceeded supply, with subscriptions reaching N3.692 trillion against a […]

Economy featured

I’ve lost sleep, weight over economic reforms, Tinubu tells Nigerians

President Bola Tinubu, on Sunday, admitted that the economic reforms pursued by his administration have been grueling, revealing that he has personally lost sleep and weight alongside Nigerians bearing the brunt of the policies. Tinubu made this disclosure at the Bola Ahmed Tinubu International Conference Centre in Abuja, shortly after he was declared the winner […]

Finance

NRS pledges fair mining royalty collection under new tax regime

The Nigeria Revenue Service has pledged transparent and fair administration of mining royalties under the new tax laws that transferred the collection of mineral royalties and related fees to the agency. The agency also pledged to ensure transparency, fairness and accountability in the administration of the mining sector under the 2025 reforms signed into law […]

Finance

Jigawa residents demand ban on betting activities to avoid losses

Some residents in Dutse, Jigawa State, have called for a total ban on betting to protect themselves from losses and promote financial discipline among youths. They also decried the proliferation of betting centres in the area and advocated proactive measures to address the trend. A cross-section of the residents said this in separate interviews with […]

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