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Nigeria can boost global creative edge via indigenous storytelling

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Aviation

United Nigeria Airlines to list on stock market in five years

United Nigeria Airlines plans to list on the Nigerian Exchange within three to five years, aligning with its medium-term growth strategy, the airline said. Executive Chairman Obiorah Okonkwo made the announcement on Thursday during the carrier’s fifth-anniversary global press conference. “It is our midterm plan. Trust us, within the next three years, five years, we […]

Electricity

Electricity got only N60m of N858bn 2025 budget – NBET

The Nigerian Bulk Electricity Trading Plc revealed that just N60 million of the N858 billion allocated in its 2025 capital budget for electricity tariff shortfalls was actually released. Acting Managing Director Johnson Akinnawo made the disclosure while presenting the agency’s 2025 budget performance and defending its 2026 proposal before the Senate Committee on Finance. He […]

US-China tensions reignite over Huawei AI chip export rules
Business

China denies US claims of funding militias in Nigeria in

China has dismissed claims by five United States lawmakers that it is backing illegal mining operations and funding militias in Nigeria, calling the allegations “entirely unfounded.” The Chinese Embassy in Nigeria issued the statement on Thursday in response to a bill recently introduced in the US Congress. The move introduces a diplomatic angle to ongoing […]

Conferences featured

Shettima arrives Ethiopia to represent Tinubu at AU summit

Vice-President Kashim Shettima has arrived in Addis Ababa, Ethiopia, to represent President Bola Tinubu at the 39th Ordinary Session of the Assembly of Heads of State and Government of the African Union. The high-level meeting is scheduled for February 14 and 15 in Addis Ababa. The summit is themed “Assuring Sustainable Water Availability and Safe […]

Business

SEC partners NOA to raise awareness on illegal investment schemes

The Securities and Exchange Commission has signaled its willingness to work with the National Orientation Agency to educate Nigerians about illegal investment schemes. SEC Director-General, Dr. Emomotimi Agama, made the statement during a meeting with NOA Director-General, Mallam Lanre Issa-Onilu, in Abuja on Thursday. He said, “These are not supposed to be, but many people […]

Business

NECA, stakeholders push for more robust labour justice systems

The Nigeria Employers’ Consultative Association and the International Labour and Arbitration Forum on Thursday held a high-level dialogue on improving access to labour justice, warning that delays, weak enforcement, and outdated laws risk undermining industrial harmony in a rapidly changing workplace. Titled “Access to Labour Justice in a Rapidly Changing World of Work,” the event […]

Electricity

Gas supply cut threatens electricity output – NISO

Seven power plants nationwide may face gas supply disruptions following the planned shutdown of a key Seplat Energy facility for routine maintenance, sparking concerns over possible power shortages and blackouts, the Nigerian Independent System Operator has cautioned. In a notice issued on Thursday, NISO informed electricity market operators and consumers that the maintenance, scheduled for […]

Failed banks liquidation delayed over ex-staff owed salaries, others - NDIC
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Nearly 99% of bank depositors fully protected – NDIC

The Nigeria Deposit Insurance Corporation has disclosed that nearly 99 per cent of depositors in Nigerian banks are fully protected under its strengthened deposit insurance framework, while urging customers to link their Bank Verification Numbers to their accounts to ensure prompt access to insured funds in the event of a bank failure. The Managing Director […]

Agribusiness featured

Agribusiness topped BOI’s ₦636bn credit allocation in 2025

Agribusiness has emerged as the biggest beneficiary of the Bank of Industry’s N636 billion credit push in 2025, reinforcing the nation’s support for the agriculture sector. The record-breaking disbursement marks a significant moment for Nigeria’s leading development finance institution, as it seeks to anchor food security and industrial growth amid persistent macroeconomic headwinds. Agribusiness captured […]

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Senate rejects AGF’s 2026 budget over unpaid contractors, zero releases

The Accountant-General of the Federation, Shamseldeen Ogunjimi, faced intense scrutiny on Thursday. The Senate Committee on Finance declined to consider the 2026 budget proposal of his office. The decision stemmed from poor budget releases and mounting unpaid liabilities to contractors. The AGF heads Nigeria’s Treasury House. He is responsible for the custody, management, and disbursement […]

News

Protests grow as union challenges NAFDAC’s sachet alcohol crackdown

Protests escalated on Thursday as members of the Food, Beverage and Tobacco Senior Staff Association pressed on with their action against the National Agency for Food and Drug Administration and Control over the enforcement of the sachet alcohol ban. The workers, who blocked the gate of NAFDAC’s Lagos office, accused the agency of ignoring what […]

Business

NNPC remitted N14.7tn to FG in 2025 – Report

The Nigerian National Petroleum Company Limited remitted a total of N14.706 trillion in statutory payments to the Federal Government between January and December 2025. This was disclosed in the company’s Monthly Report Summary for December 2025. According to the report, NNPC Ltd generated N60.5 trillion in total revenue for the year and posted a profit […]

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