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X scraps revenue sharing, unveils original content rewards

  • 8th August 2026

Spain to impose border controls on Italian passengers

  • 8th August 2026

Burger King regains second spot in US burger

  • 8th August 2026

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

  • 7th August 2026

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FG unveils unified regulatory framework for crypto industry

Policy and Regulations

X scraps revenue sharing, unveils original content rewards programme

Business featured

Nigeria’s external debt service falls 31.5% to $954m

Business

Spain to impose border controls on Italian passengers

Business

Blog

Minister threatens to revoke Kogi-Benin Road contracts
Business

FG assures Ore–Ondo–Akure road meets global engineering standards

The Federal Government on Thursday dismissed public concerns about the type of reinforcement materials used in the ongoing reconstruction of the Ore–Ondo–Akure Road, assuring that the project fully meets approved engineering specifications and international design standards. Minister of Works, Senator Dave Umahi, gave the clarification during an inspection tour of the project at Ajue community […]

News

NACIWA re-elects EFCC chairman Olukoyede as president

The Network of Anti-Corruption Institutions in West Africa has re-elected the Chairman of the Economic and Financial Crimes Commission, Mr. Ola Olukoyede, as its President. This decision was contained in a communique issued on Wednesday in Abuja at the end of NACIWA’s 7th Annual General Assembly, which was signed by representatives of all ECOWAS member […]

Agribusiness

NALDA to end tomato, pepper scarcity in FCT

The National Agricultural Land Development Authority has announced its plan to unveil the Afritropic Greenhouse Farms by December, aiming to ensure the year-round availability of fresh, hygienic vegetables for residents of the Federal Capital Territory and neighboring states. The Executive Secretary of NALDA, Mr. Olusegun Adebayo, revealed this during an inspection of the construction site […]

News

Nasarawa assembly urges mining firms to obey environmental laws

The Nasarawa State House of Assembly Committee on Housing, Environment and Natural Resources has strongly urged mining companies operating within the state to adhere strictly to existing environmental laws. This directive was issued with the express goal of making the environment safer and healthier for the state’s citizens. The committee’s Chairman, Mr. Mohammed Omadefu, made […]

Aviation

NCAA responds to Kalu’s allegations of pilots drug use

The Nigeria Civil Aviation Authority has responded to former Abia State Governor, Senator Orji Kalu, following his claims that some pilots in Nigeria use illicit drugs. Senator Kalu attributed the issue to regulatory failures, particularly by the NCAA, accusing the agency of neglecting its duty to monitor pilots and ensure safe flight operations. He warned […]

Aviation

Senator alleges pilots in Nigeria smoke Indian hemp

The senator for Abia North, Orji Kalu, has alleged that some pilots in Nigeria’s aviation sector smoke Indian hemp. He made the remarks on Wednesday during plenary while supporting a motion that highlighted safety concerns in the wake of the Nigerian Safety Investigation Bureau’s report on the Air Peace runway incident at Port Harcourt International […]

Why Nigerian insurance is one of the lowest globally - CPPE
News

CPPE hails inflation moderation, warns gradual household impact

The Centre for the Promotion of Private Enterprise has praised the continued moderation of Nigeria’s inflation rate, however, cautioning that most households may not immediately feel the relief. The National Bureau of Statistics reported that Nigeria’s headline inflation rate fell to 18.02 per cent in September 2025, down from 20.12 per cent in August. In […]

Nigeria remains World Bank's third-largest debtor with $18.2bn IDA loans
featured Finance

Official forex rate stuck at ₦1,475 as parallel market surges

The Naira continued to trade within the mid-₦1,400s on official Foreign Exchange platforms, while the parallel (black market) rate remained markedly higher, reflecting a persistent premium for the United States dollar. The official Daily Nigerian Foreign Exchange Market, which is the Central Bank of Nigeria’s volume-weighted benchmark for the day, was roughly ₦1,460–₦1,475 per $1. […]

Investment

Foreign investors confident in Nigeria’s unified forex market reforms

Foreign investors have expressed a strong surge of confidence in Nigeria’s ongoing economic reforms, despite the country’s recent downturn. Speaking at the Nigeria Investors Forum, held on the sidelines of the 2025 World Bank Group/IMF Annual Meetings in Washington D.C., various speakers confirmed they were highly encouraged by the government’s reforms, particularly the unification of […]

US to finance mining projects in Nigeria - Dele Alake 
Opinion

Close schools charging foreign currency fees, minister demands

The Minister of Solid Minerals Development, Dr. Dele Alake, has called for the closure of all schools in Nigeria that charge tuition fees in foreign currencies. Alake made this strong recommendation during the Nigeria Gold Day Celebration, held on the sidelines of the 10th edition of Nigeria’s Mining Week in Abuja, which was themed Nigeria […]

Uncategorized

Nestlé to cut 16,000 jobs as new CEO eye sales growth

Nestlé announced plans to eliminate 16,000 positions, representing roughly 6 per cent of its workforce, as incoming CEO Philipp Navratil aims to speed up the company’s turnaround. The job cuts, affecting the maker of Nespresso coffee capsules and KitKat bars, are expected to take place over the next two years, according to Bloomberg. “The world […]

News

Nigeria eyes stronger reserves with locally mined gold initiative

The federal government has reaffirmed its commitment to bolstering Nigeria’s foreign reserves through a strategic gold acquisition programme that reduces dependence on the US dollar. This was disclosed by the Minister of Solid Minerals Development, Dr. Oladele Alake, at the ongoing 10th edition of Nigeria Mining Week in Abuja. Dr. Alake explained that the initiative […]

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