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Nigeria risks losing $1.4bn US aid over Christians persecution

Finance

NGX urges Tinubu to support fintech’s domestic listing

Policy and Regulations

NGX gains ₦237.8bn as FUGAZ banking stocks lead Friday

Business

FG unveils unified regulatory framework for crypto industry

Policy and Regulations

Blog

Nigeria may lose N1.7trn as PENGASSAN mulls 30 days shutdown
Oil and Gas

PENGASSAN strike begins, sparks fuel price hikes, power outages

Nigerians may face difficult days ahead as the nationwide strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria, starting today (Monday), threatens to trigger a surge in petrol prices and widespread electricity outages. The union’s order to halt crude oil and gas supplies to Dangote Petroleum Refinery has rattled the energy sector, […]

Nigeria's external reserves rise to $36.89bn — CBN gov
Business

Naira holds below N1,500/$ for 10 consecutive days

The naira strengthened, remaining below the N1,500/$ mark for 10 straight trading sessions at the official market, according to data from the Central Bank of Nigeria. The local currency first breached the N1,500/$ threshold in over six months on September 15, closing at 1,497/$. It has since gained further, ending Friday’s trading at 1,480/$. Meanwhile, […]

New SEC regulation to enhance transparency in bank recapitalization
Business

SEC raises alarm over rising wave of AI-driven scams

The Securities and Exchange Commission has warned of a surge in Artificial Intelligence driven scams. The regulator noted that fraudsters are using AI to generate manipulated videos of politicians, celebrities, and media personalities, which are being circulated through Facebook ads, Instagram reels, and Telegram groups. In a statement on Sunday, SEC said the videos are […]

FG signs €995m deal to boost Nigerian agriculture sector
Agribusiness

Nigeria secures AfDB funding for agricultural expansion

The Federal Government has secured an enhanced funding commitment from the African Development Bank to operationalize the second phase of the Special Agro-Industrial Processing Zones. This project aims to scale up climate-resilient infrastructure and inclusive agro-industrial growth across 24 states, expanding from the initial eight states and the Federal Capital Territory. The SAPZ Phase 2 […]

Energy

Rite Foods reiterates commitment to cutting greenhouse emissions

Rite Foods Limited, an indigenous manufacturing firm, has reiterated its commitment to environmental stewardship by driving innovations that minimize greenhouse gas emissions in its manufacturing operations. The company made this commitment while conducting a newsmen round its Energy Centre at its factory in Ososa, Ogun State, as part of activities to commemorate World Ozone Day. […]

Aviation featured

Nigeria’s Ben-Tukur re-elected to international aviation council

Nigeria’s candidate, Engr. Mahmoud Ben-Tukur, has secured re-election into Part II of the Council of the International Civil Aviation Organisation at the ongoing 42nd ICAO Assembly in Montreal, Canada. Ben-Tukur emerged victorious after a keenly contested election involving eleven other African nations. The Nigeria representative to ICAO will continue to occupy Nigeria’s seat on the […]

Oil and Gas

Reps committee to intervene in Dangote-NUPENG dispute

The House of Representatives Committee on Petroleum Resources (Downstream) has pledged to intervene in the ongoing dispute between the Dangote Group and the Nigeria Union of Petroleum and Natural Gas Workers to ensure stability in the sector and fairness to all stakeholders. The committee made this commitment at the end of a three-day retreat in […]

News

Lagos trade fair targets ovee 1m visitors – LCCI

The Lagos International Trade Fair is set to attract over one million visitors for the 10-day period, exceeding its historical average of 350,000 visitors. The fair, which will feature over 2000 exhibitors, is expected to draw delegates from various countries, building on last year’s attendance of delegates from 15 countries. At a press conference announcing […]

Onne customs reports N643bn revenue for 2024
Maritime

Customs plan 48-hour cargo reduction time

The Nigeria Customs Service has unveiled a One-Stop-Shop initiative aimed at drastically reducing cargo clearance times from an average of 21 days to just 48 hours. The reform was presented by Comptroller-General of Customs Adewale Adeniyi as a “transformative shift” that aligns with global best practice and the Federal Government’s Ease of Doing Business agenda. […]

Aviation

NCAA considers certifying China’s C919 jet for domestic airlines

Nigeria’s civil aviation authority is weighing the certification of China’s C919 aircraft for domestic airline operations. The step could expand opportunities in the nation’s aviation industry while strengthening its partnership with the world’s second-largest economy. This was disclosed by the Director General of the NCAA, Capt. Chris Najomo at the UNITED Nations Aviation Agency’s assembly […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
featured Finance

Nigeria to receive $750m loans from World Bank Tuesday

Nigeria is set to receive two loans totaling $750 million from the World Bank on Tuesday, according to the bank’s official website. The loans are aimed at improving Nigeria’s healthcare security and expanding access to climate-resilient digital infrastructure in underserved areas. One of the loans is a $500 million facility, known as the Building Resilient […]

Oil theft: PENGASSAN finger military, others
featured Oil and Gas

PENGASSAN announces nationwide strike over Dangote Refinery dispute

The Petroleum and Natural Gas Senior Staff Association of Nigeria has announced a nationwide strike, effective Monday, September 29, 2025. In a directive issued to its members across offices, companies, institutions, and agencies, the Association instructed that all services must halt starting at 12:01 a.m. The resolution follows the Association’s National Executive Council meeting held […]

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