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UK drivers steal nearly £200,000 fuel daily amid Iran

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Dangote, Sinoma sign $800m deal to double Itori Cement

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UK state investment agency faces security review after data

Business

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News

Drama as Lagos prisoner ships cocaine consignment to London

Operatives of the National Drug Law Enforcement Agency have thwarted attempts by a convicted drug kingpin, Olashupo Michael Oladimeji, to export 1.10 kilograms of cocaine concealed in processed cassava granules, popularly known as Garri, to London, United Kingdom, on a Virgin Atlantic flight at the Murtala Muhammed International Airport Ikeja Lagos. The agency said “Olashupo […]

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

SERAP drags CBN to court alleged N3tn diversion

The Socio-Economic Rights and Accountability Project has filed a lawsuit against the Central Bank of Nigeria, seeking a detailed explanation over an alleged N3 trillion in missing or diverted public funds. The suit also demands accountability for N629 billion reportedly disbursed to “unknown beneficiaries” under the Anchor Borrowers’ Programme. In a statement issued on Sunday, […]

featured Ports and Airports

NPA urges traders to embrace new export channels

The Managing Director of the Nigerian Ports Authority, Dr Abubakar Dantsoho, has urged traders and investors to leverage new export channels to reposition Nigeria globally. Marking the 2026 NPA Special Day on Saturday, Dantsoho said the authority introduced simplified processes to dismantle long-standing bureaucratic bottlenecks hindering export participation. He explained the reforms aimed to boost […]

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

SERAP drags CBN to court over missing ₦3tn funds

The Socio-Economic Rights and Accountability Project has filed a lawsuit against the Central Bank of Nigeria “over the failure to account for and explain the whereabouts of the missing or diverted N3 trillion of public funds, including the over N629 billion paid to ‘unknown beneficiaries’ as part of the Anchor Borrowers’ Programme.” The lawsuit followed […]

Samsung launches foldable phones, challenges Apple's dominance
featured Tech

Big-screen foldable smartphones could capture 65% market share 2026 – Report

Foldable smartphones have evolved rapidly in recent years, with compact flip models making up a significant share of shipments. However, a new report from Counterpoint Research indicates that large, book-style foldables, such as those from Samsung and Google, could surpass flip phones by a wide margin in 2026. The firm projects that book-style devices will […]

OpenAI unveils GPT-5 amid rising industry investment
Tech

OpenAI accuses DeepSeek of malpractice before official AI model launch

OpenAI has alleged that DeepSeek engaged in malpractice while developing the next version of its AI model, even prior to its official release. “DeepSeek’s next model (whatever its form) should be understood in the context of its ongoing efforts to free-ride on the capabilities developed by OpenAI and other US frontier labs,” OpenAI said in […]

Banking

W’African central banks advance bloc’s currency talks

Governors of central banks from 12 West African countries, including the Governor of the Central Bank of Nigeria, have convened in Monrovia, Liberia, to advance technical and institutional preparations for the planned 2027 launch of the Eco regional currency. Nigeria’s Presidency disclosed this in a statement issued on Saturday. The three-day meeting, held under the […]

Agribusiness

Cross River launches traceability programme for cocoa, coffee, oil palm

The Cross River State Governor, Bassey Otu, has flagged off a statewide traceability programme for cocoa, coffee and oil palm. Otu was represented by the Commissioner for Agriculture and Irrigation Development, Johnson Ebokpo, at the event held on Saturday in Calabar. The commissioner disclosed that the traceability system is a structured digital framework designed to […]

PCCN partners UNILAG to review maritime laws
News

UI, UNILAG, OAU make top 10 in 2026 W’Africa varsity rankings

In a significant boost for Nigeria’s academic standing, the University of Ibadan, University of Lagos, and Obafemi Awolowo University have emerged in the 2026 top 10 West African universities ranking. The recognition underscores their commitment to research, quality teaching, and shaping the next generation of leaders across the region. The 2026 rankings highlight the region’s […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Economy

CBN reports slight drop in Nigeria inflation expectations index

Nigeria’s inflation expectations index declined slightly to 41.4 points in January 2026 from 41.7 points in December 2025. This signals a marginal improvement in price sentiment across the economy. The latest Inflation Expectation Survey was released by the Central Bank of Nigeria. The report revealed a modest easing in outlook among respondents. The development reflects […]

Investment

AfDB approves $200m loan for Nigeria’s climate-smart agriculture boost

The African Development Bank Group has approved a $200 million loan to Nigeria to support climate-smart and technology-driven agriculture. The approval was disclosed in a statement by the Bank. The financing aims to strengthen food security, boost productivity, and improve agricultural value chains. The loan will fund the second phase of the Federal Government’s National […]

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