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Nigeria excluded as Trump hosts African leaders in Washington
featured

Crude oil prices rise 3% after Trump cancelled Iran meetings

Crude oil prices surged nearly 3 per cent on Tuesday following United States President Donald Trump’s cancellation of all meetings with Iranian officials and his assurance that help is on the way for protesters. U.S. crude rose $1.96, or 3.29 per cent, reaching $61.46 per barrel by 11:42 a.m. ET, while Brent crude gained $1.99, […]

News

EFCC returns N802m recovered funds to First Bank

The Benin Zonal Directorate of the Economic and Financial Crimes Commission has handed over the sum of N802,420,000 recovered from a fraud suspect to First Bank Nigeria Plc, following a system glitch that erroneously credited the funds to the suspect’s account. The Commission disclosed this in a statement issued on Tuesday via its official X […]

Business

Alake urges deeper Nigeria-Saudi mining ties

The Ministers of Solid Minerals Development, Dele Alake, has called for stronger collaboration with Saudi Arabia to enhance Nigeria’s mining capacity and expand exploration activities. In a statement on Tuesday, the minister’s special assistant on media,Segun Tomori, said Alake made the call during a meeting with Ibrahim Al-Khorayef, Saudi Arabia’s minister of industry and mineral […]

TETFund allocates N700bn to varsities for 2025
Business

Varsities, others to get N6.452bn from TETFund

The Tertiary Education Trust Fund has announced plans to disburse ₦6.452 billion to beneficiary tertiary institutions under its 2026 intervention cycle. The Executive Secretary of TETFund, Sonny Echono, made this disclosure on Tuesday in Abuja at a stakeholders’ workshop for heads of beneficiary institutions, where the 2026 disbursement guidelines were unveiled. He explained that the […]

Business

Nigeria considers law bill to regulate AI

Nigeria is poised to enact legislation that would make it one of the first African countries to formally regulate artificial intelligence, strengthening oversight of a rapidly expanding digital market that has seen years of minimal control as global technology firms grew their presence. The proposed National Digital Economy and E-Governance Bill would grant regulators broader […]

Nigeria tightens visa, immigration policies to curb overstaying
Travel

Nigeria’s passport drops 27 places on Africa power list

Nigeria has recorded the sharpest decline in passport strength in Africa over the past 20 years, underscoring how limited visa liberalisation, tighter global mobility rules and weak reciprocal agreements have steadily reduced international travel access for Africa’s most populous country. According to BusinessDay, an analysis of the Henley Passport Index for January 2026, released on […]

Aviation

Freezing rain grounds flights across Central Europe

Freezing rain forced the suspension of flights at Vienna International Airport on Tuesday, as severe winter weather continued to disrupt travel across parts of Central Europe, including Slovakia, the Czech Republic and Hungary. The latest disruptions followed days of snowstorms, freezing temperatures and gale-force winds that swept across Europe last week, killing about 15 people, […]

No link between mobile phones and brain cancer - WHO
Helth

FG, WHO select 13 fellows to boost Nasarawa health sector

The Federal Ministry of Health and Social Welfare, working in collaboration with the World Health Organisation, has selected 13 healthcare workers as fellows to support health sector reforms, strengthen community health systems and improve healthcare delivery at the grassroots level across Nasarawa State. The fellows were chosen following the final interviews for the National Health […]

Poultry farmers seek FG's help over unsold 20m crates of egg
featured Food

No egg scarcity in Lagos, says poultry association

The Poultry Association of Nigeria, Lagos State chapter, has dismissed reports of egg scarcity in the state, insisting that eggs remain abundant and readily available to consumers. The chairman of the association, Mr Mojeed Iyiola, made this known during an interview with the News Agency of Nigeria on Tuesday in Lagos. Iyiola reiterated that the […]

Rising food prices threaten inflation gains, CPPE warns
Food

Rice, beans cheaper as oil, processed foods rise

Food prices showed mixed trends across major Nigerian markets in January, offering some relief for households through lower prices of staple grains such as rice and beans, even as rising costs of cooking oils and processed foods continued to strain food budgets. A comparison of prices between December 2025 and early January 2026 indicates improved […]

10 things to know about capital market investment
Business featured

Why Nigeria’s biggest firms now spend heavily – Report

Nigeria’s largest listed companies are committing substantial capital to property, plant and equipment as they seek to shield operations from inflationary pressures, currency instability and persistent infrastructure gaps, even as earnings show signs of improvement. According to an analysis by BusinessDay of filings on the Nigerian Exchange, it was revealed that a small group of […]

Business

Tinubu approves Nigeria’s carbon market framework to boost green investment

President Bola Ahmed Tinubu has given formal approval to Nigeria’s Carbon Market Framework, a development expected to strengthen the country’s role in the global climate economy and attract billions of dollars in green investment. The Director General of the National Council on Climate Change, Mrs Omotenioye Majekodunmi, disclosed this while speaking to journalists in the […]