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

Nigeria's inflation will fall to 21% in 2024 - Cardoso
Economy featured

US stocks slide as rate cut hopes linger

United States equities ended lower on Monday as investors weighed expectations of additional interest rate cuts by the Federal Reserve, while gold prices retreated from record highs in a week shortened by holidays. According to Reuters, the Dow Jones Industrial Average fell by 219.42 points, representing a decline of 0.46 per cent, to close at […]

Trans-Niger pipeline resumes operations after blast
featured Oil and Gas

NNPCL restores Escravos–Lagos gas pipeline after explosion

The Nigerian National Petroleum Company Limited has restored the Escravos–Lagos Pipeline System to full operations, weeks after an explosion disrupted gas supply along the strategic pipeline corridor in Delta State. The national oil company announced on Monday that the pipeline, which suffered an unexpected explosion on December 10, 2025, has been successfully repaired, tested and […]

featured Finance

Nigeria must diversify exports to lessen growing debts — W’Bank

The World Bank has warned that Nigeria and other Sub-Saharan African countries must pursue export diversification and fiscal reforms to effectively address their growing debt challenges. The warning was contained in the newly released International Debt Report 2025 published by the global financial institution. The report identifies Sub-Saharan Africa as an outlier among global regions, […]

News

New Ikeja Customs boss targets smugglers, under-declaring importers

The newly appointed Customs Area Controller in charge of the Federal Operations Unit, Zone A, Ikeja, Aliyu Gambo, has stated that his leadership at the command will target smugglers and importers who under-declare their import items. According to a press release, Gambo made this known while unveiling a reform-driven leadership agenda structured around a three-point […]

Investment

Zenith Pensions supports 400 widows with festive gifts

Zenith Pensions Custodian Limited, one of Nigeria’s pension fund custodians, has partnered with Greatlife Changers Foundation to distribute raw food items and festive gifts to more than 400 widows during the Yuletide season. In a statement issued on Monday, the custodian disclosed that the initiative formed part of its 2025 Corporate Social Responsibility programme. The […]

Business

NNPCL to sell stakes in key oil, gas assets

The Nigerian National Petroleum Company Limited is set to sell stakes in select oil and gas assets and has opened the process to interested bidders. The General Secretary of the Petroleum and Natural Gas Senior Staff Association of Nigeria, Jerry Amah, confirmed the development to on Monday. Reuters, which first reported the news, noted that […]

Geregu Power Plc raises final dividend to N8.50/share
Business

National grid drops, power supply galls to near zero

Nigeria’s national electricity grid collapsed on Monday afternoon, plunging power supply across most of the country to near-zero levels. Distribution load data released at 3:12 pm on December 29, 2025, showed that only minimal electricity was delivered to consumers, according to Nairameteics. Figures from the Distribution Companies indicated that power was supplied solely to Ibadan […]

Business featured

Otedola sells 77% Geregu Power stake in $750m deal

Billionaire investor Femi Otedola has exited Geregu Power Plc in a landmark transaction valued at $750 million, divesting his 77 per cent controlling stake in the power generation company. The development was disclosed in a filing by Geregu Power Plc on the Nigerian Exchange website and confirmed by sources familiar with the transaction, according to […]

Entertainment featured

Funke Akindele’s movie ‘Behind The Scenes’hits N1.1bn in 17 days

Funke Akindele has once again altered the landscape of Nollywood box office success with her latest cinematic release, ‘Behind the Scenes’. The film has crossed the N1.1 billion mark at the West African box office just 17 days after its release, making it the fastest film in the region’s history to reach the billion-naira milestone. […]

featured Finance

New tax ID portal to go live January 2026 — JRB, NRS

The Joint Revenue Board, formerly known as the Joint Tax Board, alongside the Nigerian Revenue Services, previously called the Federal Inland Revenue Service, have announced the launch of the Nigerian Tax ID Portal. The organisations disclosed that the portal will officially go live on January 1, 2026, marking a major step in the ongoing tax […]

Life Style

Delta businessman Emmanuel Ojei dies at 74

Popular businessman and Chief Executive Officer of Nuel Ojei Holdings Ltd, Emmanuel Ojei, has died at the age of 74. Fondly known as Nuel Ojei, the businessman passed away on Saturday night in his hometown, Issele-Uku, in Aniocha North Local Government Area of Delta State. His son, Chuks Ojei, confirmed the development in a statement […]

Science

Nigeria risks research collapse as scientists migrate abroad

The Nigerian Academy of Science has expressed concern over the increasing migration of researchers and scientists from Nigeria, warning that the trend poses a serious threat to the country’s future scientific growth and innovation. The Executive Secretary of the Academy, Dr Oladoyin Odubanjo, raised the alarm on Monday during an interview with the News Agency […]

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