Business

Victoria Island leads Lagos hotel boom with 10

  • 4th May 2026
JAPA: Overstay your visa, face permanent ban, US warns Nigerians

NIS denies religious organisation listed on passport portal

  • 4th May 2026

US military to escort stranded ships through Hormuz

  • 4th May 2026

Dangote didn’t borrow money from friends for refinery

  • 4th May 2026

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Spirit airlines nearly completes customer refunds after shutdown

Aviation

No religious group on passport portal, Immigration warns Nigerians

Policy and Regulations

NNPCL, Chinese firms partner to revive Warri, Port Harcourt

Business

DMO opens May 2026 savings bond offer with 14.5%

Finance

Blog

Electricity

Jos DisCo blames low national grid allocation for poor electricity

Jos Electricity Distribution Plc has explained that the recent drop in electricity supply being experienced across its franchise states – Plateau State, Bauchi State, Benue State and Gombe State – is due to a significant reduction in power allocation from the national grid. The company said the development has directly affected the volume of electricity […]

Gradual removal of old naira notes continues – CBN
Finance

Naira opens Wednesday with marginal gains at ₦1,375.61/$

The Naira opened the mid-week trading session with a slight recovery, paring some of the losses recorded in the previous session as liquidity conditions in the Nigerian Foreign Exchange Market began to stabilise. At the official window, the Naira showed signs of firming up during early morning trades on Wednesday, March 25, 2026. The exchange […]

featured Oil and Gas

Dangote Refinery suffers 79 million barrels crude supply shortage — Report

The ambitious deal between the Dangote Petroleum Refinery and Nigerian National Petroleum Company Limited is facing challenges, as the refinery experienced a crude oil supply shortfall of approximately 79.53 million barrels between October 2025 and mid-March 2026, according to findings by The PUNCH. Data obtained from an impeccable senior management source within the refinery indicated […]

Appointments

Signature Bank appoints Alex Alozie as deputy MD

Signature Bank has appointed Alex Alozie as its Deputy Managing Director, as part of its plan to grow the bank through new ideas and better ways of working. He is a distinguished banking executive with over two decades of leadership experience in banking operations, technology, digital banking, retail banking and business development. His career is […]

[ICYMI] Lagos-Calabar highway: Telcos express concerns over threats to cables
Economy featured

Lagos-Calabar coastal road to boost Nigeria’s GDP to $14trn — Experts

Experts have projected that the 750-kilometre Lagos-Calabar Coastal Road could transform Nigeria into a multi-trillion-dollar economy, raising the nation’s Gross Domestic Product from the current under $400 billion to between $1.4 trillion and $14 trillion over the next 50 years. The Development Agenda for Western Nigeria and the BRACED Commission, comprising Bayelsa, Rivers, Akwa Ibom, […]

Economy

FG launches OHOPRS to lift 50m Nigerians from poverty by 2030

The Minister of Humanitarian Affairs and Poverty Reduction, Dr. Bernard Doro, has inaugurated the “One Humanitarian-One Poverty Response System”, aimed at lifting 50 million Nigerians out of poverty by 2030. Doro unveiled the initiative at a National Technical Workshop for stakeholders in the humanitarian sector at the UN House in Abuja on Tuesday. The minister […]

Helth

FG injects $346m to end HIV, TB, malaria by 2030

Nigeria is ramping up efforts to eliminate tuberculosis, Tuberculosis, and HIV as public health threats by 2030. This will involve a bold shift toward domestic financing and the rollout of cutting-edge prevention tools. The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate, has said this. Speaking at the 2026 World TB Day […]

Helth

FG approves ₦32bn for health facilities nationwide

The Federal Government has approved the disbursement of N32 billion to health facilities under the Basic Health Care Provision Fund. This followed deliberations at the Ministerial Oversight Committee meeting. The Coordinating Minister of Health and Social Welfare, Muhammad Ali Pate, while speaking with journalists, explained that this is a quarterly meeting held to review the […]

Epic Games accuses Google, Samsung of anti-competitive practices
Tech

Epic Games cuts 1,000 jobs in cost-saving drive

Epic Games has announced the layoff of 1,000 employees as part of cost-cutting efforts. This was disclosed in a letter sent to staff by the company behind the popular game Fortnite. The letter, dated March 24, was signed by Chief Executive Tim Sweeney. It stated that the layoffs follow a significant drop in engagement with […]

OpenAI unveils GPT-5 amid rising industry investment
Tech

OpenAI revamps ChatGPT with enhanced product discovery, comparison tools

OpenAI is introducing a new shopping experience inside OpenAI’s ChatGPT aimed at helping users more easily discover and compare products, following limited traction from its Instant Checkout feature. The company said on Tuesday that users will be able to search for items by uploading images or describing what they want, while also adding details such […]

OpenAI unveils GPT-5 amid rising industry investment
Tech

OpenAI rolls out tools to boost teen protection in apps

OpenAI said on Tuesday it is releasing a set of prompts designed to help developers make their applications safer for teenagers. The company said the teen safety policy prompts can be used alongside its open-weight safety model, known as gpt-oss-safeguard. Instead of building teen safety protections from scratch, developers can apply these prompts to strengthen […]

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