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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FUTA workers protest alleged non-payment of allowances

News

Five countries that recently changed, redenominated their currencies

featured Finance

SEC launches campaign to help Nigerians recover unclaimed dividends

Investment

FG optimistic Nigeria NOW! Expo will boost mining investments

Investment

Blog

Helth

FG administers 25m measles, 22m yellow fever vaccines

The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Pate, has said that the Federal Government has administered more than 25 million doses of measles vaccine and 22 million yellow fever vaccinations across Nigeria. Pate disclosed this on Sunday in a broadcast shared on his official X handle, where he highlighted what he described […]

Business

CBN prioritises banking stability, fintech oversight, and inflation control 2026

The Central Bank of Nigeria has identified banking system stability, enhanced fintech regulation, inflation management, and modernisation of payments infrastructure as the core pillars of its 2026 reform agenda. CBN Governor Mr. Olayemi Cardoso outlined these priorities in a statement on X (formerly Twitter), highlighting the apex bank’s strategic focus for the year. The agenda […]

Business

Nigeria, others face $8.9tn debt burden – W’Bank

Developing economies, including Nigeria, are grappling with an unprecedented debt crunch, as total external debt climbed to $8.9tn in 2024, according to the World Bank’s 2025 International Debt Report. From 2022 to 2024, these countries paid $741bn more in debt servicing costs than they secured in fresh financing, the widest gap in at least half […]

CBN restricts daily limit of POS transactions to N100,000
Banking featured

Banks close 229 branches amid rapid PoS expansion

Nigeria’s banking sector recorded a significant contraction in its physical presence over the past year as Deposit Money Banks shut down 229 branches nationwide, reflecting a growing shift by customers away from banking halls towards Point of Sale transactions. This development was disclosed in the Central Bank of Nigeria’s 2024 financial sector statistical bulletin, which […]

Oil and Gas

US to take control of Venezuelan oil reserves, says Trump

United States President Donald Trump has said he would permit American oil companies to enter Venezuela and tap into the country’s vast crude oil reserves following a US military operation that resulted in the seizure of Venezuelan leader Nicolás Maduro. Trump made the statement on Saturday while addressing a press conference, where he outlined plans […]

Travel

Nigeria emerges as only African country in Canada’s top 10 deportations

The latest data released by the Canada Border Services Agency has placed Nigeria ninth among the ten countries with the highest number of deported nationals within the review period. The figures also show that Nigeria ranked fifth among countries with the largest backlog of pending removals, reflecting a notable shift in North American immigration enforcement […]

News

Investment in education is never a gamble – Shettima

Vice President Kashim Shettima has said that investment in education can never be regarded as a gamble, describing it as a deliberate pathway to securing Nigeria’s future. The Vice President stated that the education sector remains a conscious commitment to national development, noting that it is the most powerful instrument for economic empowerment, societal liberation, […]

featured Opinion

UN warns US action against Maduro sets dangerous precedent

United Nations Secretary-General António Guterres has described the reported capture of Venezuelan President Nicolás Maduro and his wife by United States special forces as a “dangerous precedent”. This position was contained in a statement issued on Saturday in New York by the UN Spokesperson, Mr Stéphane Dujarric. Guterres said he is “deeply alarmed” by the […]

Business

NEMA engages CCECC to demolish fire-ravaged Lagos GNI building

The National Emergency Management Agency has engaged the China Civil Engineering Construction Corporation to demolish the 22-storey Great Nigeria Insurance building on Lagos Island. The structure suffered extensive damage after a fire gutted it on December 24, 2025. Authorities say the demolition is necessary to ensure the safety of emergency personnel and to enable excavation […]

Transportation

UK black cab drivers get relief as VAT loophole ends

Black cab drivers in London have received a significant boost following a government decision to close a tax loophole that allowed large app-based minicab companies to undercut traditional taxi operators. Under the new arrangement, private hire operators in London will no longer be permitted to use a specialist tour operator tax scheme that previously enabled […]

Opinion

ADC accuses Tinubu of illegal NNPCL debt cancellation

The African Democratic Congress has accused President Bola Ahmed Tinubu of unlawfully approving the cancellation of legacy debts owed by the Nigerian National Petroleum Company Limited to the Federation Account, warning that the move violates constitutional provisions and deprives states and local governments of revenues legally due to them. The party made the allegation in […]

featured Helth

Resident doctors threaten fresh nationwide strike from Jan 12

Members of the National Association of Resident Doctors across the country have announced plans to resume a nationwide strike from January 12, 2026. The decision was contained in a communique issued after an Extraordinary National Executive Council meeting of the association held on January 2, 2026. In the communique, the association described the planned industrial […]

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