Business

Electric car demand rises in Europe amid Middle

  • 20th April 2026
Dangote Sugar exceeds N1tn market cap level 

Dangote Sugar plans ₦500bn rights issue for growth

  • 20th April 2026
EU rules out fee for tech giants under digital markets act

EU antitrust chief rejects push to relax merger

  • 20th April 2026

Brent nears $95 over fears of US-Iran ceasefire

  • 20th April 2026

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Meta expands subscription strategy with WhatsApp Plus trial

Tech

Dispatch rider killed by speeding NIPCO tanker in Lagos

Transportation

Tankers turn back as Hormuz crisis deepens shipping chaos

Oil and Gas

Electric car demand rises in Europe amid Middle East

Business

Blog

SERAP sues Wike, governors, over failure to account for N40tn LGA allocations
Scams

SERAP urges Tinubu to probe missing ₦2.9bn in NIGCOMSAT, NNRA

The Socio-Economic Rights and Accountability Project has urged President Bola Tinubu to direct Dr Bosun Tijani, Minister of Communications, Innovation and Digital Economy, and the management of both the Nigerian Communications Satellite Limited and the Nigerian Nuclear Regulatory Authority to account for and explain the whereabouts of the alleged missing or diverted ₦2.9 billion of […]

Maritime

Navy arrests two vessels with ₦4bn stolen crude oil

The Nigerian Navy has arrested two vessels, MT Mkpodu and MT Westaf AF, with over 939 metric tons of suspected stolen crude oil worth over N4 billion. The News Agency of Nigeria reported that 26 crew members were also arrested in the operations. The Commander, Joint Task Force South South Operation Delta Safe (OPDS), Rear […]

Business featured

NigComSat recovers half of Nigeria’s broadcast traffic share

The Chief Executive Officer of Nigerian Communications Satellite Limited, Nkechi Jane Egerton-Idehen, has disclosed that the state-owned satellite company has regained a significant share of Nigeria’s broadcast and government communications market. Nairametrics reported that speaking at a press briefing in Lagos on Friday, Egerton-Idehen said the company now carries over 50% of the country’s broadcast […]

Business

Tanker drivers urged to prioritise safety amid accident risks

The Petroleum Tanker Drivers arm of the Nigeria Union of Petroleum and Natural Gas Workers has advised its members to avoid night journeys, pointing to growing security concerns and increasing road hazards. The directive was issued as the union confirmed Mathias Ote as its substantive national chairman at its National Executive Council meeting held in […]

Housing

Gov Otti signs deal for 250-room five-star hotel

The Governor of Abia State, Alex Otti, has said discussions have reached an advanced stage with a renowned company to construct a 250-room five-star hotel in Umuahia to boost tourism and business in the state capital. Otti said this on Friday during a civic reception organised in his honour by the people of Ikwuano/Umuahia North/Umuahia […]

Oil and Gas

NNPCL reports ₦2.68tn revenue despite oil production drop

The Nigerian National Petroleum Company Limited has announced a revenue collection of N2.68 trillion from its economic activities in February 2026, even as crude oil production declined to 1.51 million barrels per day amid pipeline outages and operational setbacks. According to The PUNCH, the company reported a 4.2 per cent increase in revenue for its […]

Customs, FAAN ranked worst-performing agencies in May 2024
Scams

Customs seizes tramadol, codeine worth over ₦1bn in Edo

The Nigeria Customs Service, Federal Operations Unit Zone C, Owerri, has intercepted over two million tramadol tablets and 10,000 bottles of barcadin codeine syrup worth N1.056 billion along the Okada/Ofosu Expressway in Benin City, Edo State. The zone described the operation in a statement on Saturday as a major breakthrough in the fight against illicit […]

Business

Oando seeks $750m to triple oil output

Oando Plc is seeking to raise up to $750 million to finance an ambitious drilling programme designed to increase its oil production by as much as 300 per cent. The company’s Chief Executive Officer, Wale Tinubu, disclosed the plan in an interview with Reuters, noting that Oando, which averaged just over 32,000 barrels of oil […]

Travel

FG orders passports withdrawal from Nigerians who renounce nationality

Minister of Interior, Olubunmi Tunji-Ojo, has directed the Nigeria Immigration Service to immediately withdraw and deactivate passports held by individuals who have formally renounced their Nigerian citizenship. The directive targets Nigerians whose renunciation requests have been officially approved by the President, barring them from continuing to hold or use Nigerian travel documents following the completion […]

Policy and Regulations

FG unveils digital registration for car dealers nationwide

The Federal Government has launched the National Vehicle Dealership Registration Framework for car dealers in a decisive move to sanitise Nigeria’s auto market, improve traceability and unlock financing for industry players. The initiative, unveiled by the National Automotive Design and Development Council (NADDC) in Abuja on Friday, introduces a digital system mandating all car dealers […]

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