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Tinubu seeks UK partnership to tackle Nigeria’s insecurity

President Bola Tinubu stated on Wednesday that he is ready to engage with the British government to combat insecurity in Nigeria. Speaking at a reception organised for him and his wife at Windsor Castle by the British Royal Family, President Tinubu noted that Nigeria, the largest democracy in the West African sub-region, faces serious security […]

Flights to South-South most expensive - NBS
Aviation

NAMA deploys mobile control tower at Lagos airport after fire incident

Nigerian Airspace Management Agency has deployed a mobile control tower at the Murtala Muhammed International Airport, Lagos. Also, the agency has concluded arrangements to deploy a second mobile control tower to service Runway 18R. This is in response to the recent fire incident that affected critical air-ground communication infrastructure at the old terminal. Recall that […]

Energy

Iran strikes Qatar’s gas hub, Trump threatens massive retaliation

Qatar reported “extensive” damage on Thursday to the site of the world’s largest liquefied natural gas facility following Iranian strikes. This has sparked fears for global energy supplies and fresh threats from Donald Trump against Iran. Tehran carried out attacks on Qatar’s huge Ras Laffan LNG facility in retaliation for an Israeli strike Wednesday on […]

Business

Palm oil drove 20.7% surge in Malaysia’s 2025 exports to Nigeria

Malaysia’s exports to Nigeria increased by 20.7 per cent in 2025, reaching a total value of $664 million. This rise reflects growing bilateral economic relations and deeper engagement between the two countries amid global trade uncertainties. The export growth was mainly driven by a 33.7 per cent rise in palm oil and palm oil-based agricultural […]

Investment

Investors flood CBN’s auction with N2.89trn one-year T-Bills demand

Investors subscribed N2.89 trillion for one-year Treasury bills at the March 18 auction, exceeding the N800 billion offer by more than three times. The strong demand underscores sustained investor interest in securing higher yields on longer-dated instruments. Ayodeji Ebo, managing director of Optimus by Afrinvest, said investor demand remained concentrated on the 364-day bill, as […]

Oil and Gas

Brent crude hits $114.13 amid escalating Middle East tensions

The price of Brent crude futures rose to $114.13 per barrel on Thursday after strikes on key energy infrastructure in the Middle East heightened concerns over a potential global supply squeeze. Qatar said on Wednesday that Iranian missile strikes had damaged a major liquefied natural gas export facility. The attack followed Tehran’s warning that it […]

Business

EFCC returns N3.9bn recovered fraud proceeds to NNPCL

The Economic and Financial Crimes Commission on Wednesday handed over N3.9 billion in recovered proceeds of fraud to the Nigerian National Petroleum Company Limited. In a statement, the anti-graft agency said the funds were officially presented on behalf of EFCC Chairman Ola Olukoyede by the Commission’s Secretary, Mohammed Hammajoda, during a ceremony at its headquarters […]

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Life Style

Telegram founder Pavel Durov offers sperm to tackle global infertility crisis

The founder of the messaging platform Telegram, Pavel Durov, has ignited global debate after revealing that he has fathered more than 100 biological children through sperm donation and is now considering expanding the initiative to help tackle infertility worldwide. Durov made the disclosure in a recent statement according to Wall Street Journal, recounting how his […]

Business

NNPC boosts crude supply to Dangote refinery as brent hits $108

The Nigerian National Petroleum Company Limited has stepped up efforts to maintain a steady supply of crude oil to the Dangote Petroleum Refinery, aiming to stabilise fuel availability nationwide, particularly as Brent crude rises to $108 per barrel. The move comes amid increased volatility in the global oil market driven by Middle East tensions and […]

Business

Why petrol prices rise faster than they fall – MEMAN

The Major Energy Marketers Association of Nigeria has explained why petrol prices in the country tend to rise quickly but fall more slowly, citing cost recovery pressures, existing stock positions and market volatility. Speaking at a MEMAN webinar on Tuesday, the association’s Chairman, Hubb Stokman, said the trend is not unique to Nigeria but reflects […]

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