Business

NPA retirees threaten nationwide protest over 16 years

  • 20th April 2026

Hormuz vessel traffic slumps after brief weekend surge

  • 19th April 2026

FG borrows N100bn from unclaimed dividends

  • 19th April 2026

New mini-grid rules will unlock renewable energy expansion

  • 19th April 2026

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Naira closes week stronger at N1,534.72/$ 

Naira strengthens to ₦1,348/$ amid US-Iran war uncertainties

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NPA retirees threaten nationwide protest over 16 years unpaid

Business
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Jeff Bezos' Blue Origin to lay off 10% workforce

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Blog

10 facts about the Lekki deep seaport
Business featured

10 facts about the Lekki deep seaport

The Lekki deep sea port, a part of the Lagos Project Festival is fully completed and is to be commissioned today in Lagos by the President, Major General Muhammadu Buhari (ret.d). AMBusiness reports that the port is intended to serve as a major hub for cargo and passenger traffic in West Africa and is expected […]

Bayelsa Airport
Aviation

Lagos airport passengers stranded over NAHCO staff strike

  The Nigerian Aviation Handling Company employees, who are being led by the unions, have begun an indefinite strike which is causing several international and local flights at the airport to be grounded. This morning, passengers at the Murtala Mohammed International airport, Lagos, were left stranded at the airport following an industrial action by members […]

Jet A1 hike threatens airlines' existence - Ibom Air COO
News

Subsidy: Petrol may hit N800/litre, says marketers

  Oil marketers have revealed that if the Federal Government goes ahead with its plan to remove the subsidy on Premium of Motor Spirit, popularly called petrol, the cost of the commodity would cross N800/litre. It has been widely reported by those working in the oil industry that the high price of gasoline subsidies has […]

Monarchs begs CBN to extend old naira deadline
Economy

MPC meets over interest rate hike

  The Monetary Policy Committee meeting of the Central Bank of Nigeria is expected to meet on Monday to proffer solutions to the recent rise in interest rates. According to The PUNCH, the meeting is expected to hold between the 28th to 29th in Abuja. Cordros Securities analysts expect a rate hike after the meeting, […]

Business

S’East traders, transporters lament multiple taxes

  Traders and transporters in the South Eastern part of the the country have expressed their grievances over the undue collection of taxes and levies, particularly by touts and market unions in this region. According to Vanguard, these category of residents revealed their concerns in a survey conducted on the Effects of Multiple taxes on […]

Buhari
News

Buhari to flag-off Lagos deep sea port, rice mill

  The President, Major General Muhammadu Buhari (retd.), is expected to inaugurates the Lagos deep sea port project among other projects in the State on Monday. According to the Nation, this is part of the activities of the President, who will be having a two day working visit to the State. During the visit, Buhari, […]

News

Petroleum Minister to secure new capital for Nigeria at London event

  The African Energy Chamber has proudly announced that the Minister of State for Petroleum Resources of Nigeria, Timipre Sylva, will be leading the investment-focused discussion at the Invest in Africa Energy Reception slated to hold on January 26 in London. AEC says the participation of Minister Sylva is essential for securing new capital for […]

FG owes N100bn electricity bill debt - Distributors
Electricity

Electricity: SERAP sues Buhari over tariff hike

Oluwanifemi Ojo     The Socio-Economic Rights and Accountability Project has filed a lawsuit against the President, Major General Muhammadu Buhari(retd.), over “the failure to reverse the unlawful, unjust, and unreasonable increase in electricity tariff, and to probe the spending of public funds as ‘investments and bailouts’ to DisCos and GenCos since 2005.”   Attorney-General […]

New naira note: CBN insist on January 31st deadline
featured

CBN takes new naira awareness to Calabar markets

The Central Bank of Nigeria has expanded its awareness-raising effort to key markets in the Calabar city in advance of the January 31, 2023 deadline for the usage of obsolete Naira notes. The effort to raise awareness was organized by Branch Controller for CBN Calabar, Glory Iniunam. She clarified that the purpose of the activity […]

Ports and Airports

FG approves port workers’ salary increase

The Federal Government has approved salary increment for the staff members of the Nigerian Ports Authority.   The Minister of Transportation, Mu’azu Sambo, said this over the weekend at the long service award organised by the management of the NPA, commending the management of the agency for their commitment to staff welfare.   The Minister […]

Economy

Nigeria may lose 34% GDP to climate disaster – Analyst

  With a median GDP impact of -20% by 2050 and -64% by 2100 under present climate policy, a study has been published by Christian Aid highlighting that the eight poorest countries, including Nigeria could face a bleak economic future. Even if global warming is kept to 1.5 degrees Celsius, the African continent will suffer […]

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