Business

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

NMDPRA proposes ban on fuel price fixing

  • 6th August 2026

Tinubu gets ICPC report on alleged fake agency

  • 6th August 2026

NIA credits NAICOM’s oversight for successful insurance recapitalisation

  • 6th August 2026

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Investment

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featured Travel

New British passport under King Charles III enters circulation

The first British passports bearing the coat of arms of King Charles III have officially entered circulation, marking a significant transition in the design of the United Kingdom’s travel document. The Home Office has described the newly introduced passport as the most secure British passport ever produced. The British government has clarified that all existing […]

Finance

Nigeria records $4.6bn balance of payments surplus

Nigeria recorded a balance-of-payments surplus in the third quarter of 2025, marking a return to positive external positioning after a deficit in the previous quarter. The improvement was supported by stronger export earnings, steady diaspora remittances, and renewed inflows of foreign capital, which together helped rebuild the country’s external buffers. Data released by the Central […]

Aviation

Airlines scramble to add flights for stranded Caribbean travelers

Airlines rushed to schedule dozens of additional flights on Sunday to accommodate tens of thousands of travelers stranded across the Eastern Caribbean, following the expiration of the United States flight restrictions in the region. The U.S. Federal Aviation Administration’s had temporarily closed the airspace to commercial flights after U.S. strikes in Venezuela the previous day. […]

Elon Musk’s xAI secures $10bn in funding to expand AI
Tech

Musk’s X warns users against illegal prompts for Grok AI

Elon Musk’s X is warning users not to direct its Grok AI to produce illegal content, days after the Indian government pressed the platform for information about the chatbot’s misuse. Over the past week, numerous X users have been commenting on images of people, typically women, by tagging Grok and requesting the chatbot to “put […]

How Canada's largest strike will affect its economy - Report
featured Travel

Japa: Canada overtakes UK as top study-to-immigrate choice

Canada has overtaken the United Kingdom as the preferred study-to-immigrate destination for international students seeking permanent residence, as both countries tighten immigration policies amid changing public sentiment. According to Nairametrics, this development was revealed in a recent analysis by immigration policy observers and global mobility experts monitoring international migration trends. The shift reflects Canada’s ability […]

Business

Guinness, Presco, Wema Bank added in NGX review

The Nigerian Exchange Limited has announced the outcome of its full-year 2025 market index review, reflecting changes in market performance across listed companies. According to information published by the Exchange, the reviewed indices became effective at the start of trading on Friday, January 2, 2025. The review revealed that Guinness Nigeria Plc, Presco Plc, and […]

featured Oil and Gas

Fuel subsidy removal saves Nigeria over N10tr annually — Senator

Nigeria is saving over N10 trillion annually following the removal of fuel subsidy by President Bola Tinubu, according to the Chairman of the Senate Committee on Appropriation, Senator Solomon Adeola. Adeola disclosed this on Saturday while speaking in Ogun State, where he highlighted the fiscal impact of the policy decision taken by the current administration. […]

News

AGF orders police probe into Abuja estate dispute

The Office of the Attorney-General of the Federation has requested a police investigation into allegations of intimidation and destruction of property at River Park Estate, Abuja. This directive is contained in official correspondence issued by the then Director of Public Prosecutions of the Federation, M.B. Abubakar, and reviewed by Nairametrics. The intervention comes several months […]

Why Nigerian insurance is one of the lowest globally - CPPE
Business

CPPE warns Nigeria’s tax reforms may hurt informal sector

The Centre for the Promotion of Private Enterprise has cautioned that Nigeria’s ongoing tax reform efforts risk harming the informal sector if they are poorly designed or improperly sequenced. The warning was contained in a statement issued on Sunday and signed by the organisation’s Chief Executive Officer, Dr Muda Yusuf. CPPE said the concern arises […]

News

US lifts Caribbean airspace ban after Maduro capture

The United States lifted airspace restrictions over the Caribbean late on Saturday after temporarily barring commercial flights during a US military operation that resulted in the capture of Venezuelan President Nicolas Maduro. The airspace restrictions were imposed amid heightened military activity linked to the operation, which unfolded in the early hours of Saturday and affected […]

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