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Crude oil prices rise as Iran rules out

  • 17th August 2026

India-Nigeria trade hits $9bn, rises by 26%

  • 17th August 2026

High lending rates still threaten manufacturing sector recovery

  • 17th August 2026

FG resets profit-sharing terms to attract new deep

  • 17th August 2026

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Crude oil prices rise as Iran rules out talks

Business

Over 200 KASU lecturers resign over poor service conditions

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EU gives Nigeria €1.5m to fight cholera outbreak

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Energy

Over 8 million barrels of oil crossed Hormuz on Sunday – US

More than 8 million barrels of oil passed through the Strait of Hormuz on Sunday under the protection of United States military forces as renewed fighting with Iran intensified. This was disclosed in a statement by the U.S. Energy Department on Monday, according CNBC. “The U.S. military will ensure oil flows continue, with or without […]

News

US will take over Strait of Hormuz, charge guardian fees – Trump

United States President Donald Trump said Monday that the US would be paid for guarding the Strait of Hormuz after declaring that it would be “taking over” the strategic waterway. “We’ll become the guardian of the Strait,” Trump told “Fox and Friends.” He added that the US had been guarding it for “nothing” but now […]

Business

Australia flags big tech’s weak response to online child exploitation

Australia’s online safety regulator has identified major shortcomings in the way leading technology companies respond to online sexual extortion and child sexual exploitation, warning that reports of such abuse continue to increase. The findings, contained in eSafety’s latest transparency report, assessed the efforts of major platforms including Apple, Meta, Google, Microsoft, Snap, Discord and WhatsApp […]

Economy

Standard Chartered raises Nigeria’s inflation forecast to 15.5%

Standard Chartered Plc. expects the Central Bank of Nigeria to reduce interest rates by only 150 basis points in 2026. The bank said persistent inflationary pressures will likely force the apex bank to adopt a slower and more cautious monetary easing cycle than previously anticipated. Nairametrics reported that the revised outlook was disclosed by the […]

Opinion

WAEC, NECO fees hike should never have happened — Obi

Former Anambra State Governor Peter Obi has said the Federal Government’s proposed review of registration fees for the West African Senior School Certificate Examination and the National Examinations Council Senior School Certificate Examination should never have been introduced. Obi made this known through his official X account on Monday. This followed the Federal Government’s decision […]

Oil and Gas

Dangote offers ₦500,000 reward to curb illegal haulage

Dangote Industries Limited has launched a public whistleblowing initiative offering a cash reward of N500,000. The reward is for individuals who provide credible information leading to the arrest of offenders or the interception of unauthorised goods being transported with its trucks. The company disclosed this in a statement issued in Lagos. It noted that the […]

featured News

FG suspends proposed WASSCE, NECO fee hike

The Federal Government has suspended the proposed review of registration fees for the 2027 West African Senior School Certificate Examinations, and the National Examinations Council Senior School Certificate Examination. The government is bowing to widespread public concerns and opting for extensive consultations with stakeholders. The Federal Ministry of Education announced on Monday that it had […]

Oil and Gas

Nigeria’s oil output hits 1.56 million barrels in June

Nigeria’s crude oil production rose to an average of 1.56 million barrels per day in June 2026. This exceeded the country’s quota set by the Organisation of the Petroleum Exporting Countries and reached its highest level in more than six years. Vanguard reported that the Nigerian Upstream Petroleum Regulatory Commission disclosed this in a statement […]

Policy and Regulations

Tinubu orders NIMC to enrol all Nigerians by 2026

President Bola Tinubu has directed the National Identity Management Commission to enrol every Nigerian in the national identity database before the end of 2026. This is according to the commission’s Director-General and Chief Executive Officer, Abisoye Coker-Odusote. Speaking on Channels Television’s Sunday Politics, Coker-Odusote said the directive is part of the Federal Government’s plan to […]

featured Finance

Naira trades at ₦1,382/$ at official FX market

The naira traded at around N1,382.33 to the United States dollar at the official Nigerian Foreign Exchange Market on Monday, July 13, 2026, according to available market data. The latest official rate represents the benchmark exchange rate used in the formal foreign exchange market. Data from the Central Bank of Nigeria’s NFEM platform showed the […]

Policy and Regulations

FG approves new scheme of service for NiMet staff

The Federal Government has approved the reviewed Scheme of Service for the Nigerian Meteorological Agency. The approval is aimed at strengthening the agency’s career structure, improving staff welfare and enhancing its capacity to deliver on its meteorological mandate. Vanguard reported that the approval was conveyed to the Director-General of NiMet, Prof. Charles Anosike, in a […]

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