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Economy

Households yet to see impact of declining inflation – CPPE

The Centre for the Promotion of Private Enterprise says Nigerian households are yet to feel any relief from the easing inflation rate, citing deep-rooted structural challenges. This comes after the National Bureau of Statistics announced on Monday that headline inflation fell to 16.05 per cent in October. Reacting to the decline in a statement, the […]

Google to build first subsea cable connecting S'America with Asia
Tech

Google, Meta projects face delay over security threats

Major subsea internet cable projects funded by Google and Meta are facing deployment delays in the Red Sea due to rising political tensions and security threats that have made the route unsafe for commercial vessels. The setback affects critical global infrastructure meant to deliver high-speed internet to Africa and Asia, slowing planned connectivity improvements across […]

News

NSCDC arrests 15, seizes eight trucks loaded with illegal minerals

The Edo Command of the Nigeria Security and Civil Defence Corps has successfully arrested 15 suspects and impounded eight trucks loaded with illegally mined solid minerals following a series of coordinated operations conducted across the state. The State Commandant, Saidi Akintayo, announced the arrests on Monday, characterizing the rigorous crackdown as a major operational breakthrough […]

Business

Osun partners FG to export made-in-Osun goods globally

Osun State Governor, Ademola Adeleke, has revealed that his administration is actively collaborating with two Federal Government agencies to ensure that goods produced within the state successfully reach the global market. Governor Adeleke specifically identified the collaborating agencies as the Nigerian Export Promotion Council and the Nigerian Investment Promotion Commission, stating the partnership aims to […]

News

Oyo fire service warns against illegal market construction

The Federal Fire Service, Oyo State Command, has strongly condemned the indiscriminate construction of shops in markets, issuing a warning that such practices severely hinder effective responses to fire outbreaks and other emergencies across the state. This crucial statement was delivered by Olojo Ayodeji, the Zonal Commander of the Federal Fire Service for Oyo and […]

featured

Nigeria’s inflation drops to 16.05% in October

Nigeria’s inflation outlook improved in October 2025, as headline inflation fell to 16.05 per cent, down from 18.02 per cent in September. The National Bureau of Statistics reported on Monday that year-on-year headline inflation stood at 17.82 per cent, a sharp drop from 33.88 per cent in October 2024. The NBS added that this reflects […]

featured Oil and Gas

Dangote denies import duty influenced 5.6% petrol price cut

The Dangote Petroleum Refinery has officially debunked reports suggesting that recent reductions in petrol pump prices were due to the Federal Government’s purported suspension of the 15 per cent import duty on petrol and diesel. The company categorically described the claims circulating in the media as false, misleading, and inconsistent with actual market realities. The […]

News

Miyetti Allah urges US to halt sanctions, denies militia tag

The Miyetti Allah Cattle Breeders Association of Nigeria has formally requested that the United States Congress withdraw its recent recommendation for targeted sanctions, which followed lawmakers linking the group to alleged violations of religious freedom in Nigeria. In a resolution introduced on November 4, House Representative Christopher Smith had proposed imposing visa bans and asset […]

News

Nigerian scholars abroad, parents protest non-payment of stipends

Nigerian students currently studying abroad under the Federal Government’s Bilateral Education Agreement and their parents are scheduled to stage a protest today (Monday) over the non-payment of scholarship stipends, which the scholars say has pushed many into distress. According to The PUNCH, the demonstration, as detailed in a notice issued by the Forum of BEA […]

Tech

Structural, regulatory gaps stifling startup listings on NGX – Report

A new report by TLP Advisory has highlighted significant structural and regulatory hurdles that continue to discourage Nigeria’s high-growth startups from listing on the Nigerian Exchange, despite the introduction of the NGX Technology Board in 2022 to attract tech companies. The report, titled “Rethinking Funding & Exits: Nigeria’s Missing IPOs and the NGX,” warns that […]

Aviation

US flights normalise after shutdown, FAA lifts long restrictions

The Federal Aviation Administration announced that United States flights will return to normal schedules on Monday following the lifting of reductions that had been imposed during the recent government shutdown. The FAA confirmed on Sunday evening that restrictions would be lifted and “normal operations can resume” across the country starting at 6:00 am Washington time […]