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FG unveils Tinubu Light Initiative for one million

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NMDPRA proposes ban on fuel price fixing

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Tinubu gets ICPC report on alleged fake agency

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NIA credits NAICOM’s oversight for successful insurance recapitalisation

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has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
Telecommunications

NCC unveils satellite strategy to expand mobile network coverage

The Nigerian Communications Commission is steering a major policy shift toward satellite-enabled mobile connectivity, prioritizing Direct-to-Device satellite services as a cornerstone for expanding network coverage from 2025 to 2030. This focus is outlined in the Commission’s draft Spectrum Roadmap for the Communications Sector (2025–2030). The move follows closely on the heels of Airtel Africa’s strategic […]

Business

IMTO inflows drop 11.78%, CBN data shows

Inflows from International Money Transfer Operators into Nigeria dropped by 11.78 per cent in the first half of 2025 compared with the same period in 2024, according to the Central Bank of Nigeria’s latest Quarterly Statistical Bulletin. Data analysis showed that IMTO receipts amounted to $2.07 billion between January and June 2025, down from $2.34 billion in […]

Oil and Gas

PETROAN urges private sector takeover of state-owned refineries

The Petroleum Products Retail Outlets Owners Association of Nigeria has reiterated its call for the privatisation of the country’s four state-owned refineries, urging the Federal Government to complete the process transparently by the first quarter of 2026. The association stated that privatising the Nigerian National Petroleum Company Limited-operated refineries in a timely manner would relieve […]

Fraud losses decline in Nigerian banks in Q1 2024 - Report
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Banks alert customers to holiday fraud risks

Banks have cautioned customers to remain vigilant against fraud during the festive season. The alerts, shared through emails and social media posts, urged customers to exercise extra care throughout the Yuletide period. According to cybersecurity firm PhishMe Cofense, scam activities typically surge during holidays due to increased end-of-year transactions and engagements. Fraudsters often impersonate trusted […]

How FG can boost Nigeria's digital growth - Analyst
Tech

Global 6G connections expected to hit five billion – Reports

A new study by the Global System for Mobile Communications Association, the mobile industry’s global trade body, projects that sixth-generation mobile technology will surpass five billion connections worldwide by 2040. The transition, however, is expected to be gradual, with 4G and 5G continuing to support global connectivity for many years. GSMA’s Vision 2040 report on […]

Aviation

FG orders major reshuffle at NCAA amid corruption allegations

The Minister of Aviation and Aerospace Development, Festus Keyamo, has approved a reshuffle of key directors at the Nigeria Civil Aviation Authority amid reports of alleged corrupt practices involving senior officials of the regulator. The redeployment is believed to be linked to accusations of inefficiency and weakened regulatory oversight within the authority’s Directorate of Airworthiness […]

Business

Sanwo-Olu orders demolition of Lagos plaza after fire incident

Lagos State Governor Babajide Sanwo-Olu has indicated that the 22-storey Great Nigeria Insurance building gutted by a major fire will be demolished once the blaze is fully extinguished. The governor disclosed this during his visit to the scene of the incident on Martins Street, Lagos Island, on Thursday, December 25, 2025. Speaking in a video […]

Electricity

REA deployed over 200 mini-grids in 2025

The Rural Electrification Agency announced that it deployed over 200 mini-grids across underserved communities nationwide in 2025, a major stride toward bridging Nigeria’s electricity access gap. The installations were carried out under the Nigeria Electrification Project between January and December, REA Managing Director Abba Abubakar Aliyu said during a media briefing in Kano. Aliyu noted […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
Business

Broadband penetration hits 50% first time ever – NCC

Nigeria’s broadband penetration surpassed 50 per cent for the first time in November 2025, marking a milestone in the expansion of high-speed internet access nationwide. This was disclosed in the latest telecommunications data released by the Nigerian Communications Commission. However, the achievement falls short of the 70 per cent target outlined in the National Broadband […]

Business

Lion King star stabbed to death, boyfriend arrested

A 25-year-old Broadway actress best known for portraying Young Nala in the stage adaptation of Disney’s The Lion King, Imani Dia Smith, was fatally stabbed at her home in New Jersey. Her boyfriend has been arrested in connection with the killing. Authorities said Smith suffered fatal stab wounds after they responded to a 911 call […]

News

Sanwo-Olu urges calm after fire at Lagos plaza

Lagos State Governor, Mr Babajide Sanwo-Olu, has called on residents to remain calm following a fire incident at the 22-storey Great Nigeria Insurance Building located on Martins Street, Lagos Island. The fire, the cause of which has yet to be ascertained, broke out on Wednesday, with officials confirming that no casualties were recorded during the […]

BUA Foods declares ₦81bn dividend for FY 2022
Business

BUA Foods to double dividend as profit soars

BUA Foods, Nigeria’s most valuable listed company, is projected to more than double its dividend payout this year, supported by strong profit growth and improving cash flow, according to analysts at Lagos-based research, advisory and consultancy firm, CardinalStone. The anticipated dividend increase would extend the consumer goods company’s dividend-paying streak, which it has sustained over […]

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