Business

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Iran sets conditions for reopening Strait of Hormuz

News

SERAP urges Tinubu, Atiku, Obi, others to publish assets

featured Opinion

Taraba owes ₦85.51bn not ₦1.2tn, commissioner cites official DMO

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NDLEA warns parents over cannabis-laced cookies, gummies smuggled into

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Blog

Oil and Gas

Nigeria’s upstream sector attracts $18.2bn investment

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has announced that the country’s competitive reform agenda has delivered 28 Field Development Plans with $18.2 billion worth of investment commitments. These commitments are expected to unlock 1.4 billion barrels of oil and 5.4 trillion cubic feet of gas, adding an expected 591,000 […]

Appointments

Rotary Club elects new president, inducts 25 new members

The Rotary Club of Lekki Golden, District 9112, has elected Christiana Okenla as its seventh president and third female leader during an investiture ceremony held recently in Lagos. The event, which drew over 250 Rotarians, dignitaries, and guests, took place under the theme “One World. One Community.” President Okenla assumed leadership in line with Rotary […]

Oil and Gas

Private depots deserted as Dangote Refinery begins direct supply

Private depots in Lagos and environs were deserted on Tuesday as the Dangote Petroleum Refinery rolled out its direct petrol supplies. According to Vanguard, private depots were deserted because the operators expected to benefit from the direct supplies. A source that pleaded to be anonymous said, “The Dangote Petroleum Refinery has commenced direct supplies to […]

Cut corporate tax to 7.5%, NACCIMA urges Tinubu
Opinion

Tinubu has stabilised Buhari’s poorly managed economy — SDP’s Adebayo

The Social Democratic Party presidential candidate in the 2023 elections, Adewole Adebayo, has said President Bola Tinubu has managed to stabilise Nigeria’s economy, which he described as poorly run under former President Muhammadu Buhari. Speaking on Channels Television’s Politics Today, Adebayo likened the economy Buhari left behind to “an emergency room patient,” saying Tinubu has […]

featured News

X, Meta silent as Sowore counter-sues DSS over anti-Tinubu post

Social media giants, X(formerly Twitter) and Meta, have kept mute as former presidential candidate of the African Action Congress, Omoyele Sowore, has counter-sued the Department of State Security over a social media post in which he described President Bola Tinubu as a “criminal.” The Federal Government had filed criminal charges against the activist and the […]

News

Nigeria Ranked 105th in global Innovation index

Nigeria has been ranked 105th in the World Intellectual Property Organisation Global Innovation Index 2025, emerging as one of the fastest climbers despite falling short of the top 100. The country also leads globally in unicorn valuation, reflecting growing venture capital activity and high-tech investment. WIPO, the UN agency supporting innovators worldwide, evaluates nearly 140 […]

News

Africa must harmonize its policies to attract, retain investment — Lokpobiri

The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has called for deeper regional integration to tackle the $120 billion energy import bill faced by African countries annually. Speaking at the Africa Oil Week 2025 Ministerial and CEO Leadership Forum in Accra, Ghana, Lokpobiri emphasized that integration remains the most effective strategy to […]

Food

FG unveils agric incentives, targets 21m jobs creation

The Federal Government has announced new agricultural incentives aimed at generating 21 million jobs and boosting food security. Vice President Kashim Shettima unveiled the reforms at the Food and Agriculture Organisation’s National and Subregional Hand-in-Hand Investment Forum in Abuja. According to Shettima, Nigeria can secure food sufficiency by fully tapping its irrigation capacity. “Strategic investment […]

Diaspora Nigerians to pay ₦80,000 for remote BVN
featured Finance

CBN reiterates commitment to financial inclusiveness, productivity

The Central Bank of Nigeria has reiterated its unwavering commitment to financial inclusiveness and stimulating productivity towards sustainable economic growth and development of Nigeria. The CBN Governor, Olayemi Cardoso, made this known during a fair it organized in Kano to sensitize the public on policies introduced by the bank to enhance their lives and livelihood […]

Aviation auditors begin security audits of Lagos, Abuja airports
Aviation

NAMA calls for review of N11,000 flight charge

The Director-General of the Nigerian Airspace Management Agency, Farouk Umar, has stated that the current N11,000 per-flight charge levied on airline operators is no longer sustainable amid rising costs and the prevailing economic climate. Umar made the remark on Tuesday in Abuja while speaking to stakeholders at a summit organized by the House of Representatives […]

Top 10 African countries with most airlines in 2024
Aviation

AON hails Tinubu for suspending proposed 4% import levy

The Airline Operators of Nigeria have praised President Bola Tinubu and Minister of Finance and Coordinating Minister of the Economy, Wale Edun, for promptly suspending the proposed four per cent Free on Board levy on imports. The proposed FOB levy had sparked widespread concern among manufacturers, importers, and customs agents, who warned that it could […]

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