Blog

Policy and Regulations

No religious group on passport portal, Immigration warns Nigerians

The Nigeria Immigration Service has refuted claims that the name of a religious organisation appears on its official passport payment portal, describing the allegation as false and misleading. Nairametrics reported that this was disclosed on May 4, 2026, in Abuja by the Service Public Relations Officer, DCI Akinsola Akinlabi, through an official press statement issued […]

Business

NNPCL, Chinese firms partner to revive Warri, Port Harcourt refineries

The Nigerian National Petroleum Company Limited has signed a Memorandum of Understanding with two Chinese firms aimed at restarting and expanding the Warri and Port Harcourt refineries. This was disclosed in a press statement dated May 3, 2026, and signed by the company’s Chief Corporate Communications Officer, Andy Odeh. The agreement was signed on April […]

Finance

DMO opens May 2026 savings bond offer with 14.5% return

The Debt Management Office has opened May 2026 FGN Savings Bond subscription, offering Nigerians investment opportunities with returns of up to 14.525 per cent per annum. Nairametrics reported that the DMO announced the offer on Monday on behalf of the Federal Government of Nigeria under existing debt laws. The subscription window runs from May 4 […]

Policy and Regulations

Senate holds hearing on bill to establish revenue mgt institute

The Senate has held a public hearing on a bill seeking to establish the Chartered Institute of Revenue and Fiscal Management of Nigeria, marking a major step in the legislative process for the proposed institution. The bill, titled “Chartered Institute of Revenue and Fiscal Management of Nigeria (Establishment) Bill, 2025,” was sponsored by Senator Adamu […]

Travel

Canada targets 20,000 workers for permanent residence in 2026

Canada’s immigration authorities say they are aiming to transition at least 20,000 workers already living in the country to permanent residence in 2026. The move is part of the country’s wider plan to manage immigration levels and address labour shortages in key sectors. Immigration, Refugees and Citizenship Canada made this known in a statement posted […]

Housing

Rivers residents spend over 100% income on rent

More than 80 per cent of residents in Rivers State now spend over 100 per cent of their income on house rent, highlighting a deepening housing crisis in the state. According to National Agency of Nigeria, the Executive Secretary of the National Union of Tenants of Nigeria, Mr Ceaser Enwefah, disclosed this on Monday, May […]

Business

Victoria Island leads Lagos hotel boom with 10 of 33 projects

Victoria Island accounts for 10 of the 33 planned hotel chain projects in Lagos’ pipeline for 2026, ranking as the highest-performing submarket in the state. This was disclosed to Nairametrics by Trevor Ward, principal of W Hospitality Group, following the release of the Hotel Chain Development Pipelines in Africa – 2026 report, which provided additional […]