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Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran

  • 7th August 2026

Manufacturers’ confidence rebounded in Q2 despite operating challenges

  • 7th August 2026

Firms expect borrowing costs to ease in coming

  • 7th August 2026

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

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Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran war

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Dangote Refinery remains Europe’s top jet fuel supplier

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Anambra, SMEDAN pledge N1bn to boost SMEs growth
Business

Anambra builds 600 shops to decongest Onitsha market

The Anambra State government is expanding the scope of its ongoing industrial cluster development scheme for micro, small, and medium enterprises following the construction of the Tailoring/Garment cluster in Ogbunike/Nkwelle, Oyi Local Government Area of the state. Speaking during an inspection tour of the cluster, the Managing Director/CEO of the Anambra Small Business Agency, Clement […]

News

Nasarawa gov presents N517.54bn budget

Governor Abdullahi Sule of Nasarawa State has presented a proposed budget of N517.54 billion for the 2026 fiscal year to the State House of Assembly for approval. The Speaker, Dr. Danladi Jatau, assured the Governor of effective synergy and a speedy passage of the budget in the interest of the state’s development. Governor Sule described […]

News

Reps summon water minister, others over delayed power project

The House of Representatives’ Ad-hoc Committee investigating Nigeria’s power sector reforms and expenditures from 2007 to 2024 has issued a summons to the Minister of Water Resources, heads of key water management agencies, and signatories involved in the 2005 concession agreement for the 40MW Dadin-Kowa hydropower project. The summons was issued on Wednesday by the […]

Helth

Uphold ethics or face sanctions, MDCN warns foreign-trained doctors

The Federal Government has issued a strong caution to newly inducted foreign-trained medical practitioners, urging them to uphold the highest standards of ethics and discipline or face appropriate sanctions from regulatory authorities. The government also reaffirmed that Nigerian doctors are highly valued in the global medical workforce and urged the new inductees to actively preserve […]

Business

Neymar’s father acquires brand ownership rights of Pelé

The iconic footballer Pelé’s brand has officially come under the ownership of the family of another prominent Brazilian athlete, Neymar Santos Jr., after the company owned by Neymar’s father announced on Tuesday that it had purchased the rights to use the brand. Neymar Santos Sr., who is the owner of the company NR Sports, announced […]

News

Condom distribution drops 55% in Nigeria — UNAIDS

The Joint United Nations Programme on HIV/AIDS has reported a substantial decline in condom distribution across Nigeria, with figures dropping by 55 per cent over the past year. The agency warned that this decline reflects a deepening crisis in the global response to HIV. This figure was revealed on Tuesday in Geneva during the launch […]

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Sanwo-Olu presents N4.237tr budget to Lagos Assembly

Lagos State Governor, Babajide Sanwo-Olu, on Tuesday presented a proposed budget of N4.237 trillion for the 2026 fiscal year to the state House of Assembly. The House, for its part, vowed to meticulously scrutinise the financial proposal. Security was visibly heightened within and around the Assembly complex during the event, with officers from the Police, […]

News

Katsina gov signs N897bn budget into law

Katsina State Governor, Mallam Dikko Radda, formally signed the 2026 Appropriation Bill into law on Wednesday, approving a total budget of N897,865,078,282. The signing ceremony took place at Government House, Katsina, and was attended by key state officials. The approved budget is structured with N167,725,372,458 allocated for recurrent expenditure, which constitutes 18.68% of the total, […]

News

Russia pledges deeper ties with Nigeria on 65th anniversary

The Ambassador Extraordinary and Plenipotentiary of the Russian Federation to Nigeria, Amb. Andrey Pudelyshev, reaffirmed his country’s commitment to deepening cooperation with Nigeria across vital economic sectors. The Ambassador made this disclosure during the commemoration of the 65th anniversary of the establishment of diplomatic relations between the Russian Federation and Nigeria, held on Tuesday night […]

Finance

CBN holds monetary policy rate at 27% amid inflation

The Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate at 27 per cent, citing the need to allow previous reduction to sufficiently transmit to the economy. Meanwhile, the apex bank disclosed that 16 banks have met the new minimum capital requirements, adding that 27 had raised capital. CBN Governor, Mr. Olayemi Cardoso, […]

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Nigeria’s trade surplus drops by 35% in July

Nigeria’s monthly trade surplus fell by 35 per cent, month-on-month, reaching $1.39 billion in July from $2.14 billion in June. This decline was primarily driven by an increase in imports and a slight drop in exports. The Central Bank of Nigeria disclosed this information in its Monthly Economic Report for July. The report showed that […]

featured Oil and Gas

FG endorses local modular refinery project in Delta

The Federal Government has endorsed the Ebenco Global Link Limited modular refinery project in Koko, Delta State. The government described the project as a critical milestone in efforts to curb crude oil theft, illegal refining, and chronic supply gaps in Nigeria’s petroleum sector. Ebenco is currently advancing the construction of its 30,000-barrel-per-day modular refinery, which […]

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