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Nigeria handles 25% West African cargo despite 60%

  • 16th April 2026
Maritime workers reject FG’s plans to re-float NNSL

Nigeria unveils first African blue economy television

  • 16th April 2026

Dangote listed among TIME 100 most influential people

  • 15th April 2026

FG won’t reinstate fuel subsidy despite Middle East

  • 15th April 2026

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Nigeria handles 25% West African cargo despite 60% GDP

Business
Ogun pays 564 pensioners gratuities

Ogun okays weekly day off, ₦10,000 transport allowance for

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UK jails Nigerian couple over £433,000 tax fraud

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Nigeria’s public debt rose to record ₦159.27trn in 2025

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Tweeps knock FG as fuel scarcity leaves commuters stranded
featured Oil and Gas

NNPCL to sell fuel for N148, Tinubu insists on subsidy removal

The Nigerian National Petroleum Company Limited plans to execute a contract with independent oil marketers that would guarantee that the price of gasoline at the ex-depot is N148 per litre. The new managing director of NNPCL Retail, Hubb Stockman, has vowed to directly provide IPMAN members with goods, according to Mike Osatuyi, the national controller […]

Nigeria's mineral production rose by 39% in 2021 - NBS
Oil and Gas

Manufacturing sector remitted N114.37bn Q3 2022 – NBS

The manufacturing sector topped the list of highest contributors to Value Added Tax revenue generated by the Federal Government in the third quarter of 2022.   The National Bureau of Statistics third quarter report revealed that the sector had a remittance of N114.37 billion, accounting for 18.29 percent of the total N625.39 billion generated as […]

Economy

Experts laud suspension of proposed excise duties hike

Tax, fiscal policy, and economics experts have hailed the Federal Government for suspending the proposed increases in excise duty rates on tobacco, alcoholic and non-alcoholic beverages. According to The Nation, the increases were to be part of the 2023 Fiscal Policy Measures and Tariff Amendments. Renowned expert in tax and fiscal policy and the Head […]

Pollution: Shell to pay Nigerian farmers €15m compensation
News

Pollution: Shell to pay Nigerian farmers €15m compensation

Agency Report Shell said Friday it will pay 15 million euros to Nigerian farmers to compensate them for damage from pipeline leaks. A Dutch appeals court ruled last year, following 13 years of legal battles, that Shell’s Nigerian branch must pay out for a series of leaks and that the parent company must install new […]

UK passport control staff strike at airports
Aviation

UK passport control staff strike at airports

Military personnel stood in for passport control staff at UK airports on Friday as Border Force officers walked out in an escalating wave of public sector strikes over pay. Around a quarter of a million passengers were due to arrive at the six affected airports on Friday ahead of the busy Christmas holiday weekend. But […]

News

1.4m POS agents generated N6tr in 2022 – CBN

The Central Bank of Nigeria has disclosed that 1.4 million agents generated N6 trillion in transactions, up from N48 billion in 2012. This was stated by the Deputy Governor for Financial System Stability, of the CBN, Aisha Ahmed, who represented CBN Governor, Godwin Emefiele at the National Assembly on Thursday. She stated that there were […]

Why Nigeria must save oil revenues - IMF
News

Food crisis: IMF board approves $71 million for Guinea

  The International Monetary Fund has stated that it has approved a disbursement of $71 million for Guinea. According to Reuters, the IMF stated that the funds was disbursed under its ‘food shock window’ to help the country address urgent balance of payment needs related to the global food crisis. Guinea is currently facing a […]

Electricity

BEDC reinforces commitment to improve electricity supply

The Benin Electricity Distribution Company Plc has reinforced its resolve to ensuring customers service improvement and overall performance of the Disco.   Addressing newsmen in Benin City, on Thursday, The Guardian reported that the Managing Director/Chief Executive Officer, BEDC, Dr. Henry Ajagbawa, reeled out his achievements in his 100 days in office and said its […]

Aviation

Airline operators face jailterm for non-remittance of sales charge

  The Nigeria Civil Aviation Authority has revealed that airline operators in the country now risk two-year imprisonment, N5 million fine, or both penalties over failure to remit statutory Ticket Sales and Cargo Sales Charges. The punitive provisions, among others, are included in the new Civil Aviation Act 2022, which was just signed into law […]

News

AfDB president Akinwumi Adesina loses mum

The President of African Development Bank, Dr. Akinwumi Adesina, has lost his mother, Eunice Adesina.   The Guardian reported that the matriarch of the Adesina family died on Thursday, December.   An associate of Adesina and media practitioner, Victor Oladokun, confirmed the development, in a Facebook post on Thursday.   He wrote, “With great sadness, […]

Business

Group supports West African SMEs with $100m

The African Guarantee Fund Group, through its subsidiary AGF West Africa, and the Orabank Group, have concluded a portfolio guarantee agreement for a 60bn FCFA worth $100m, aimed at supporting Small and Medium scale Enterprises through its various subsidiaries in West Africa.   According to a statement, the partnership agreement was signed by the AGF […]

News

CBN reveals overall benefit of cash withdrawal limit

The Central Bank of Nigeria has stated that the cash withdrawal limit is not anti-people. According to The PUNCH, this was stated by the Deputy Governor, Financial System Stability, CBN, Aisha Ahmad, on Thursday, while appearing before the House of Representatives. Ahmad represented the CBN Governor, Godwin Emefiele, who had twice failed to appear before […]

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