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Transportation

Lagos Blue line extends hours, increases trips from June 15

The Lagos Rail Mass Transit Blue Line will begin operations at 6:00 a.m. and increase daily train trips from June 15, 2026, as part of a timetable adjustment aimed at improving commuter convenience and expanding capacity along the Marina–Mile 2 corridor. Nairametrics reported that the announcement was contained in a statement issued on Monday by […]

Policy and Regulations

US blacklists Alibaba, Baidu over alleged military links to China

The United States issued an updated list on Monday of Chinese companies that it believes are aiding the country’s military — including e-commerce giant Alibaba, search engine provider Baidu and electric vehicle maker BYD. The United States Defense Department unveiled the designations just weeks after President Donald Trump met Chinese leader Xi Jinping in Beijing, […]

Policy and Regulations

PEBEC urges Borno to deepen business-friendly reforms for investment

The Presidential Enabling Business Environment Council has urged the Borno State Government to intensify business-friendly reforms to address challenges facing entrepreneurs and attract more investments to the state. The PUNCH reported that the Director-General of PEBEC, Zahrah Audu, made the call on Monday, during a town hall meeting with private sector operators and business-enabling ministries, […]

Oil and Gas

Nigeria’s crude oil exports hit ₦11.2trn in Q1

Nigeria’s crude oil exports rose to N11.20 trillion in the first quarter of 2026, reinforcing the commodity’s position as the country’s largest foreign exchange earner and a key driver of the strong performance in external trade. This is according to latest data from the National Bureau of Statistics. The improved export earnings helped lift Nigeria’s […]

Finance

DMO raises Q2 Treasury Bills issuance by ₦850bn

The Debt Management Office has increased its Nigerian Treasury Bills issuance programme for the second quarter of 2026 by approximately N850 billion, raising the total planned offer amount from N3.95 trillion to N4.8 trillion. Nairametrics reported that this is according to an analysis of the original and updated Q2 2026 NTB issuance calendars published by […]

Transportation

FG plans rail link to connect Lagos airport terminals

The Federal Government is planning rail connectivity that will link the Murtala Muhammed International Airport, the General Aviation Terminal, and the Murtala Muhammed Airport Terminal Two in Lagos to improve passenger movement and airport accessibility. Nairametrics reported that the disclosure was made by the Minister of Aviation and Aerospace Development, Festus Keyamo, during his keynote […]

featured Transportation

Emergency teams deployed as Warri-Itakpe train suffers major accident

The Nigerian Railway Corporation has confirmed that a serious accident involving the Warri-Itakpe Train Service occurred on Monday, June 8, prompting an emergency response operation and renewed concerns over rail safety along one of Nigeria’s busiest standard-gauge corridors. The confirmation was contained in an official statement issued by the Managing Director and Chief Executive Officer […]

featured Oil and Gas

Petrol imports crash by 96% as Dangote Refinery boosts supply

Nigeria’s spending on the importation of Premium Motor Spirit, popularly known as petrol, plunged by over 96 per cent in the first quarter of 2026, marking a dramatic shift in the country’s fuel supply landscape and signaling the growing impact of local refining capacity. Latest foreign trade statistics released by the National Bureau of Statistics […]

featured Travel

Nigerians spent ₦50bn on US visas in two years despite fewer approvals

Nigerians spent more than N50bn on United States visa applications between 2023 and 2024, despite a sharp decline in approvals as Washington tightened immigration controls and increased scrutiny of applicants. An analysis of the Intelpoint report, using data from the US Department of State, shows that 201,200 non-immigrant visas were issued to Nigerians between 2023 […]

featured Policy and Regulations

FG gives HR officers one year to get certification

The Federal Government has given civil servants performing human resource functions across ministries, departments and agencies a one-year deadline to obtain approved professional certifications as part of efforts to professionalise human resource management in the Federal Civil Service. An exclusive circular obtained by The PUNCH from the Office of the Head of the Civil Service […]

Business

US judge blocks Trump’s $100,000 H-1B visa fee plan

A United States federal judge has blocked President Donald Trump’s attempt to impose a $100,000 fee on employers seeking to hire foreign workers for specialized positions, ruling that the measure amounted to an unauthorized tax that required approval from Congress. U.S. District Judge Richard Stearns found that the fee, introduced under a September 2025 presidential […]