Blog

EU rules out fee for tech giants under digital markets act
Business

Nigeria, others to benefit from EU’s €545m green energy funding

The European Union has announced a €545 million package to boost renewable energy investments across Africa. The announcement, delivered via video message at the Global Citizen Festival on the sidelines of the United Nations General Assembly, was disclosed in a statement on the EU’s website on Saturday. According to the statement, the funding expands the […]

featured Oil and Gas

Dangote Refinery resumes petrol sales in naira after govt intervention

The Dangote Petroleum Refinery has announced the resumption of petrol sales in naira, barely a day after suspending the arrangement due to allocation concerns. In a circular sent to oil marketers on Saturday, the company said the reversal followed the intervention of the Naira-for-Crude Technical Committee set up by the Federal Government. “Following the intervention […]

NELFUND to launch vocational loan scheme in Enugu by July
News

Over 510,000 students benefit from loan scheme since launch — NELFUND

The Nigerian Education Loan Fund has announced that over 510,000 students have benefited from the Federal Government’s Student Loan Initiative, with a total of ₦99.5 billion disbursed since the scheme’s launch on May 24, 2024. According to the Student Loan Disbursement Daily Status Report released on September 27, 2025, NELFUND has received 835,360 applications since […]

News

Nigeria pledges support for African Union mission in Somalia

Nigeria has reaffirmed its commitment to peace efforts in Somalia, pledging full support for the African Union Support and Stabilisation Mission in Somalia. The Minister of Foreign Affairs, Yusuf Tuggar, made the pledge during a meeting on the Financing of AUSSOM, held at the United Nations Headquarters in New York. Tuggar warned that AUSSOM was […]

Banking

AMCON’s 34% stake not bought by Providus Bank – Unity Bank

Unity Bank Plc has announced that a current shareholder has acquired the 34 per cent equity stake formerly held by the Asset Management Corporation of Nigeria. In a statement on Saturday, the bank clarified that the stake, comprising over 4.004 billion shares—was bought by an existing investor, not by Providus Bank Limited, which is still […]

Oil theft: PENGASSAN finger military, others
Oil and Gas

PENGASSAN stops crude oil supply to Dangote Refinery

The Petroleum and Natural Gas Senior Staff Association of Nigeria has ordered seven branches to cut off crude oil and gas supplies to the $20 billion Dangote Refinery, accusing the refinery’s management of sacking its members in retaliation for exercising their constitutional right to join the union. In a letter dated September 26 and signed […]

85% Nigerian graduates lack digital skills - Report
News

CIMA graduates 235 accounting professionals

The Chartered Institute of Management Accountants has awarded 235 accounting and finance professionals in Nigeria the Chartered Global Management Accountant designation at its 2025 convocation ceremony, held in Lagos. The CIMA training is recognised in more than 170 countries. The vice president, Africa of CIMA, Tariro Mutizwa, FCMA, CGMA, commended the graduates for their dedication […]

Maritime

Blue economy ministry seeks legislative priority, new funding

Nigeria’s Ministry of Marine and Blue Economy is seeking new funding to implement its ambitious 10-year policy, with officials acknowledging that public funding is insufficient for the scale of transformation envisioned. At a stakeholder meeting in Lagos, Adegboyega Oyetola, the coordinating minister, said finance is the “lever that will attract long-term and progressive capital critical” […]

Air cargo demand rises by 18.4% January - IATA
Travel

ValueJet to launch weekly Ogun-Abuja flights

Commercial flights are set to begin at Ogun State’s Gateway International Airport on October 7, 2025, with ValueJet Airlines launching a twice-weekly service on the GWI-Abuja route. The Nigerian Civil Aviation Authority recently cleared the facility for operations, paving the way for its first scheduled services. According to the airline, the flight schedule will be […]

featured Oil and Gas

Nigeria’s crude oil output drops to six-month low

Global oil prices have rebounded sharply, with Brent crude climbing back above $70 per barrel due to geopolitical tensions and supply uncertainties in energy markets. For Nigeria, Africa’s top oil producer, this rally presents both opportunities and risks as the country seeks to stabilize its finances and attract investment into its energy sector. Russia’s decision […]

Finance

Pensioners to benefit from ₦758bn bond, PenCom DG assures

The National Pension Commission has assured pensioners across Nigeria that all outstanding pension increases approved by the Federal Government will be fully implemented before the end of the year, backed by a ₦758 billion bond released by President Bola Ahmed Tinubu. The Director General of PenCom, Omolola Oloworaran, gave the assurance during a courtesy visit […]

United States Flag attached to a building
featured Travel

US lifts visa restrictions on Ghana after diplomatic talks

The United States of America has lifted visa restrictions on Ghana, restoring access to longer-term visas after months of strained relations over deportation disputes. Ghana’s foreign minister, Samuel Ablakwa, confirmed the decision on Friday, announcing that Ghanaians can once again apply for five-year multiple-entry visas. The change followed “months of high-level diplomatic negotiations” and was […]