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Nigeria secures $155m clean energy investments

  • 26th July 2026

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Ghana to evacuate 1,000 more workers from South Africa

Transportation

Nigerians may face rice, tomato scarcity within three months

Food

Pharmaceutical firms’ finance costs jump 46.5% amid high interest

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FAAN launches probe into viral Delta airport security altercation

Ports and Airports

Blog

Naira fall'll worsen Nigeria’s food, energy crisis — W’Bank
News

Nigeria’s public debt, others hit 50-year high – World Bank

The World Bank Group has said that public debt in Nigeria and other low- and middle-income countries is now at a 50-year high, which is equivalent to more than 200 per cent of government revenues. In a new report titled, “Raising the Bar on Debt Transparency,” the Washington-based bank said with the pandemic-induced economic slowdown, […]

News

Quantity surveyors seek collaboration with professional bodies

The Association of Quantity Surveyors in Public Service has said it is looking to strengthen collaborations with allied professionals in order to improve efficiency and effectiveness in its service to the public. The Zonal Director, AQSPS, Fausat Ajibade, stated this during a two-day working visit of the national executives of the association which also featured […]

News

Lagos businesses spend N5.3tn on fossil fuel annually

Lagos State residents and businesses operating in the state spend about N5.3tn annually on fossil fuel as a result of the low supply of electricity from the national grid. The Commissioner for Environment and Water Resources, Mr Tunji Bello, while speaking at the first Lagos State climate change business meeting with members of the Organised […]

Tweeps knock FG as fuel scarcity leaves commuters stranded
News

Commuters stranded as petrol scarcity hits Lagos

Many passengers were stranded at various bus stops in Lagos State, Monday morning, as commercial vehicles were scarce on the road. The scarcity of vehicles was attributed to the fuel scarcity, which was gradually building up in some parts of Lagos. Our correspondent saw that many people were stranded at major bus stops along Ogba-Berger […]

Economy

Homebuyers feel inflation squeeze amid recession fears

While the housing market continues to get battered by rising interest rates and sky-high prices, Redfin’s CEO warned that homebuyers are feeling the inflation squeeze as the U.S. is “headed for recession.” “People who are looking to buy homes right now are still driven by the same factors,” Redfin CEO Glenn Kelman told “Cavuto: Coast […]

News

HMO partners LUTH on blood donation

Hallmark Health Service Limited, one of the Health Maintenance organisations, said it had continued its drive to ensure the availability of blood in the banks through collaboration with the Lagos University Teaching Hospital for voluntary donation by members of staff of the organisation. The health insurance company said in a statement that the event, sustenance […]

ECOWAS targets 70% sustainable energy by 2030
News

ECOWAS Brown Card: Nigerian accident travellers get N84m compensation

The Secretary-General, Nigerian National Bureau, Mrs Henrietta Anyanna, said despite the fact that the Automatic Brown Card regime was yet to be adopted in Nigeria, travellers in the country within the ECOWAS regions were paid N84m claims. She said this in a report on ‘ECOWAS Brown Card Insurance Scheme @40’. She said, “Claims worth more […]

News

FG’s spending on pension, gratuity drops to N356bn

The Federal Government’s expenditure on pensions and gratuity fell slightly by N3.48bn in 2021, according to figures obtained from the Central Bank of Nigeria. The CBN revealed in its data on ‘Federal Government recurrent expenditure’ that the amount spent fell from N359.6bn in 2020 to N356.12bn in the 2021 financial year. Despite yearly allocations, the […]

News

Firm boosts gender equality in workplace

Great Nigeria Insurance Plc has said it is ensuring adequate representation of the female gender in the workplace. It said in a statement that, “For over 60 years, Great Nigeria Insurance Plc has proved itself to be a reputable insurance company with the professional experience to underwrite both life and non-life insurance businesses. “One of […]

News

Report fraudulent calls, PTAD urges retirees

The Pension Transitional Arrangement Directorate has urged its retirees to report any fraudulent call, saying that it will not tolerate pension fraud in the system. A statement said the Executive Secretary, PTAD, Dr Chioma Ejikeme, said this when the newly elected executive members of the National Association of Retired Paramilitary Officers, led by its President, […]

Economy

Debt servicing doubles, hits N896bn in three months – DMO report

Nigeria’s debt-servicing bill has increased by 109 per cent to N896.56bn, according to data obtained from the Debt Management Office. The PUNCH reported that as a result of the aforementioned, the country has also spent N3.83tn on debt servicing payments in 15 months. While a total of N2.93tn was spent on debt servicing payments in […]

IATA welcomes CBN's release of $265m to airlines
Aviation

Foreign airlines kick as FG blocks $450m ticket revenue

The International Air Transport Association has expressed concern over the decision by the Federal Government of Nigeria to block foreign airlines from repatriating ticket sales revenue running to $450m (N188.6bn) into their respective countries. IATA, the Geneva-based trade body representing over 200 international carriers, spoke at a press briefing marking the opening of its 78thn […]

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