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  • 1st August 2026

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  • 31st July 2026

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  • 31st July 2026

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South Africa proposes new $30 fee for ETA applicants

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Lekki Deep Seaport berths largest container ship on Nigerian waters
Oil and Gas

129,000MT petrol vessels arrive Lagos amid surging fuel prices

As Nigerians contend with rising petrol prices, vessels carrying 129,000 metric tonnes of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) are expected to dock at Lagos Ports between March 14 and 17, 2026. This came as officials of the Nigerian Midstream and Downstream Petroleum Regulatory Authority explained why some importers were still importing […]

Tech

Amazon rolls out ultrafast delivery to meet rising demand

Amazon said Tuesday it has launched one-hour and three-hour delivery services in parts of the United States, as it seeks to meet growing demand for faster shipping. The company added that three-hour delivery is now available in about 2,000 U.S. cities and towns, while one-hour delivery is offered in hundreds of those locations. “Our customers […]

Policy and Regulations

Tinubu pledges tariff review for media organisations

President Bola Tinubu has promised to review tariffs imposed on newsprint, broadcast equipment, and other materials used by media organisations. This forms part of efforts to ease the financial burden on the Nigerian media industry. The President also pledged support for the Nigerian media to challenge big tech dominance and anti-competitive activities in the media […]

featured Food

Food inflation rose to 12.2% in February – NBS

Nigeria’s annual food inflation rate reversed a six-month downward trend, rising to 12.2 per cent in February from 8.89 per cent in January. This increase was driven by higher prices of beans, yam flour, cassava tuber, crayfish, and other items. The monthly food inflation rate also reversed a two-month downward trend, climbing to 4.69 per […]

featured Finance

Naira opens at ₦1,367.18/$, depreciates to ₦1,372.21/$ on Tuesday

The Naira has started the day with slight fluctuations against the United States Dollar. It maintains its recent trend of relative stability within the official and parallel markets. Early reports from the Nigerian Foreign Exchange Market and informal trading hubs indicate that while demand remains consistent, the local currency is holding its ground following recent […]

Business

Dangote seals $4.2bn gas deal with China’s GCL for Ethiopia fertilizer plant

Dangote Industries Limited and GCL Group, China’s leading private energy conglomerate, have formalized a landmark US$4.2 billion, 25-year natural gas supply agreement to power Dangote Group’s major expansion projects in Ethiopia. The agreement was signed in Lagos. It reinforces one of the most significant China–Africa industrial partnerships to date. Under the long-term arrangement, GCL Group […]

Business

Nigeria stock market hits historic 200,000 ASI mark

Nigeria’s stock market achieved a significant milestone on Monday as the Nigerian Exchange Limited All-Share Index crossed the 200,000-point mark. The breakthrough was driven by strong investor demand and broad-based gains across major sectors. The benchmark index climbed 1.55% to close at 201,474.89 points, compared to 198,407.30 points in the previous session. This performance lifted […]

Opinion

National Single Window will fail without infrastructure, expert warns

Industry expert and Chief Consultant at Global Transport Policy, Dr. Segun Musa, has described the National Single Window as a shell to house agencies, emphasizing that unless the agencies under the NSW are properly equipped with infrastructure, the initiative will fail to deliver meaningful change. He added that Nigerians should not expect the project to […]

Business

NUPRC completes pre-qualification, notifies applicants in oil, gas licensing round

The Nigerian Upstream Petroleum Regulatory Commission has moved Nigeria’s 2025 oil and gas licensing round into a key phase, completing the pre-qualification process and formally notifying successful applicants, signaling the shift from screening to competitive bidding. In a statement on Tuesday, the commission said the milestone, reached on March 16, 2026, concludes the initial screening […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
Business

Nigeria’s internet traffic surges 168% over three years – NCC

Internet usage in Nigeria has surged significantly over the past three years, with total traffic rising by about 168 per cent between January 2023 and January 2026, according to an analysis of data from the Nigerian Communications Commission. Data from the telecom regulator shows that internet traffic climbed to 1,385,536.04 terabytes in January 2026, up […]

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