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Policy and Regulations

Medical workers protest health bill at NASS

Health workers under the Joint Health Sector Unions and the Assembly of Healthcare Professional Associations on Thursday staged a protest at the Unity Fountain in Abuja over a proposed health sector reform bill before the National Assembly. The protesters expressed strong opposition to the legislation, warning that it could significantly alter the regulatory structure of […]

featured News

Soludo suspends absent civil servants after surprise visit

Governor Chukwuma Soludo of Anambra State has ordered the suspension of civil servants who were absent from duty as at 10.00 a.m. on Thursday during his surprise visit to the state secretariat in Awka. Soludo issued the directive after conducting an on-the-spot assessment of workers’ punctuality, conduct and commitment across ministries and departments. Addressing newsmen […]

Business

UK to hike visa, citizenship fees from April

The United Kingdom government will raise fees for numerous visas, residency applications, and citizenship processes starting April 8, 2026. The increase will affect Nigerians and other foreign nationals seeking to visit, study, work, or settle in the UK. The updated fee schedule, published by the UK Home Office on Thursday, indicates higher charges across nearly […]

News

UNESCO reports 273m children out of school globally

The United Nations Educational, Scientific and Cultural Organisation has disclosed that the global number of out-of-school children has climbed to 273 million, extending a steady increase for the seventh consecutive year. In a statement issued on Wednesday, UNESCO’s Senior Press Officer for Education, Romain Parlier, said the figures are drawn from the organisation’s 2026 Global […]

Finance

Capital importation hit $23.21bn in 2025, says NBS

Capital importation into the country increased year-on-year by 88.5 per cent to $23.21 billion in 2025 from $12.31 billion in 2024. According to data from the National Bureau of Statistics, Capital Importation Report for 2025 showed that in Q1’25, capital imported into the country stood at $5.64 billion. In Q2’25, capital importation declined by 9.2 […]

featured Oil and Gas

FG lifts ban on fuel imports amid supply concerns

The Federal Government has lifted its ban on fuel imports, granting six new licences for the importation of Premium Motor Spirit (petrol), following concerns over supply amid geopolitical tensions in the Middle East. The move marks a sharp reversal of Nigeria’s recent policy aimed at reducing dependence on imported fuel. This comes as the Dangote […]

Electricity featured

Power supply to improve gradually in two weeks — Adelabu’s aide

The Chief Technical Adviser to the Minister of Power, Adebayo Olowoniyi, says Nigerians should begin to see gradual improvement in electricity supply as maintenance work on a major gas pipeline nears completion, with full restoration expected within two weeks. Olowoniyi stated this on Thursday while appearing on Arise TV, days after the minister, Adebayo Adelabu, […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Finance

CBN cuts treasury bill rates amid ₦8trn liquidity

The Central Bank of Nigeria cut rates on longer-dated Treasury bills at its March 25 auction, even as investors poured N2.7 trillion into one-year securities to lock in attractive yields amid a liquidity glut exceeding N8 trillion in the financial system. Stop rates on the 182-day and 364-day instruments fell by 20 basis points to […]

Economy featured

53% of Nigerians don’t save — Piggyvest

More than half of Nigerians find it hard to save, as citizens spend 72 per cent of their monthly earnings on food and groceries, according to a new report by online saving and investment platform Piggyvest. This is as respondents surveyed reported a nominal increase in income, reflecting a deepened cost-of-living crisis in Africa’s most […]

Aviation

IATA forecasts boom in African air passenger demand

The International Air Transport Association released its Long Term Demand Projections for air travel, showing that global air passenger demand is expected to more than double by 2050 and intra-Africa air travel would lead global growth through the period. The pace of growth will be uneven across regions, reflecting differences in demographics, market maturity, economic […]

Business

FG approves partial settlement of N150bn contractors’ debt

The Federal Government has agreed to pay 35 percent of the N150 billion owed to indigenous contractors upfront, in a move aimed at resolving outstanding payment disputes. The President of the All Indigenous Contractors Association of Nigeria, Mr. Jackson Nwosu, confirmed the development after a meeting with the Minister of Finance, Mr. Wale Edun, according […]

Business

Nigeria’s banks maintain strong liquidity despite CBN N2.36tn OMO withdrawal

Nigeria’s banking system liquidity remained above N8 trillion despite the Central Bank of Nigeria withdrawing N2.36 trillion through its Open Market Operations, signaling the continued abundance of funds in the financial system. Mid-week data from the apex bank, following its OMO auction on March 23, 2026, show that the central bank’s aggressive intervention has had […]