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Oil and Gas

OPEC+ raises oil quota for May amid Iran war

OPEC+ is set to raise its oil production quota by 206,000 barrels per day for May 2026. This is according to sources who spoke to Reuters ahead of the group’s meeting. However, the planned increase is expected to have limited real impact, as ongoing geopolitical tensions—particularly the U.S.-Israeli conflict with Iran continue to disrupt supply […]

News

CNG bus explosion rocks Mando motor park in Kaduna

An early morning explosion at Mando Motor Park in Kaduna has destroyed three luxury buses powered by Compressed Natural Gas. The incident occurred at about 3 am while the vehicles were parked in preparation for interstate trips later in the day. A manager of Silver Transport Company, who sought anonymity and whose buses were affected, […]

Aviation

Air Peace to launch London flights from Ogun airport — CEO

Air Peace, Nigeria’s largest airline and a leading carrier in West Africa, has announced plans to commence international flight operations from Gateway International Airport to London this summer. The airline’s Chief Executive Officer, Allen Onyema, disclosed this during an interview with journalists after inspecting the airport facilities alongside Dapo Abiodun. The visit followed the official […]

featured Helth

Resident doctors to begin indefinite strike Tuesday over unpaid arrears

The Nigerian Association of Resident Doctors has announced plans for a nationwide strike beginning Tuesday April 7. This follows the Federal Government’s review of the Professional Allowance Table policy framework and constructive dialogue. Dr Shuaibu Ibrahim, the Secretary General, disclosed this in a Saturday statement. He noted that the decision followed extensive consultations among members […]

Business

Custodian investment paid ₦419m penalties in 2025

Custodian Investment Plc paid a total of N419.13 million in penalties to the Central Bank of Nigeria and other regulators for contraventions recorded in the 2025 financial year, representing a sharp increase from N19.17 million in 2024. The disclosure was made in the company’s audited financial statements filed on the Nigerian Exchange. Notes to the […]

News

Tinubu inaugurates ₦73bn Customs complex in Ogun

President Bola Tinubu inaugurated a N73 billion customs complex in Iperu, Ogun State, marking a major infrastructure push aimed at strengthening trade facilitation, enforcement, and revenue generation within the Nigeria Customs Service. The project, which houses the Federal Operations Unit Zone ‘A’, spans 142 buildings on a 100-hectare site and is designed to deliver international-standard […]

Business

Fidson Healthcare’s revenue surged 41% to ₦119bn in 2025

Fidson Healthcare Plc has recorded a remarkable 41 per cent surge in revenue to N119.06 billion in 2025, driven largely by a 41.5 per cent increase in ethical drug sales to N77.8 billion. The figures were disclosed in the company’s audited financial statements for the year ended December 31, 2025. The performance reflects strong demand […]

Science

Astronauts on Artemis II faces recurring toilet issue

The four astronauts aboard the Artemis II mission are now over halfway to the Moon following Wednesday’s launch from Kennedy Space Center, but a familiar issue has returned. Orion’s toilet has malfunctioned for the second time since liftof. “During the night, we tried to vent the wastewater tank that’s attached to the toilet. We had […]

Business featured

Rewane calls for direct-to-consumer fuel subsidy system

Renowned economist and Managing Director of Financial Derivatives Company, Bismarck Rewane, has called for a restructuring of Nigeria’s fuel subsidy system, proposing a refinery-driven model that delivers benefits directly to consumers. Speaking on Nairametrics TV, Rewane said Nigeria’s abundant resources and strategic location position it well to implement a more efficient subsidy framework anchored on […]

Anthropic gives Claude AI power to end conversations
Tech

Anthropic to charge Claude Code users extra for third-party tools

Claude Code subscribers will soon face higher costs when using Anthropic’s coding assistant with third-party tools such as OpenClaw. In an email to customers shared on Hacker News, Anthropic said that effective noon Pacific time on April 4, subscribers will no longer be able to apply their existing Claude subscription limits to third-party harnesses, including […]

featured News

Fire razes textile shops in Lagos

Textile material shops were destroyed in a fire outbreak in Lagos after a three-storey commercial building housing the items was gutted by flames in the early hours of Saturday. The Lagos State Fire and Rescue Service disclosed this in a statement issued by its Controller General, Margaret Adeseye. According to the agency, the incident occurred […]

Polaris Bank names Chinwe Iloghalu new Executive Director
Banking

Polaris Bank restricts VULTe access for four-day system upgrade

Polaris Bank has informed customers that access to its digital platform, VULTe, will be restricted for four days due to a planned system upgrade. The temporary disruption is part of scheduled maintenance designed to enhance the platform’s performance and improve overall user experience. The bank disclosed this in a notice issued to customers via email. […]