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Crude oil prices rise as Iran rules out

  • 17th August 2026

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

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High lending rates still threaten manufacturing sector recovery

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FG resets profit-sharing terms to attract new deep

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Student loan: How to apply for NELFUND

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NELFUND caps loan repayment at 10% of graduates’ monthly

Finance

Crude oil prices rise as Iran rules out talks

Business

Over 200 KASU lecturers resign over poor service conditions

News

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Fuel prices drop in Niger Republic as Nigeria supplies petrol
News

Fuel prices drop in Niger Republic as Nigeria supplies petrol

The price of Premium Motor Spirit (petrol) in Niger Republic has begun to decline following fuel shipments from Nigeria, The PUNCH reports. Residents in border communities and security sources confirmed that hundreds of petrol tankers from Nigeria have been making their way into Niger Republic, easing the country’s fuel crisis. On March 16, 2025, Sunday […]

Energy

NASENI partners energy firm to manufacture, distribute CNG kits

Adeayworld Energy Limited has announced a partnership with the National Agency for Science and Engineering Infrastructure to manufacture and distribute compressed natural gas kits in Nigeria. This collaboration aims to promote the use of CNG as an alternative fuel, supporting cleaner energy solutions and reducing reliance on traditional fuels. This was disclosed in a statement […]

New SEC regulation to enhance transparency in bank recapitalization
Business

SEC reaffirms commitment to protecting investors

The Securities and Exchange Commission has reiterated its commitment to protecting investors in Nigeria’s capital market by cracking down on fraudulent activities. The Director-General of SEC, Dr. Emomotimi Agama, emphasized that operators involved in unethical practices will face strict penalties, as the Commission remains focused on safeguarding investor interests. “So, clearly for us, it is […]

Energy

Renaissance denies reports of gas explosion at Rivers plant

Renaissance, an indigenous oil and gas company, has officially denied reports of a gas explosion at its gas plant in Rivers State on Sunday. The was disclosed in a statement by the Communications Manager at Renaissance, Bamidele Odugbesan. This comes after earlier claims suggesting a blast at the Soku Gas Pipeline, which Renaissance operates. The […]

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Power outage hits eight embassies in Abuja

A power outage has impacted at least eight embassies and several residential estates in Abuja. The electricity distribution company attributed the disruption to a technical fault on the feeder supplying the affected areas. AEDC disclosed that the latest in a series of recurring blackouts in the Federal Capital Territory affected the embassies of the United […]

US senators demand Meta probe over chatbot child safety concerns
Tech

AI Chipmaker FuriosaAI turns down $800m offer from Meta

Korean chip startup FuriosaAI has rejected an $800 million acquisition offer from Meta Platforms Inc., opting to continue growing as an independent company, according to a source familiar with the matter. Meta began acquisition talks with Seoul-based FuriosaAI earlier this year, according to a person with knowledge of the matter who requested anonymity due to […]

MultiChoice denies DStv, GOtv subscription prices claims
Business

NGO slams MultiChoice over ‘exploitative’ DStv, GOtv price hike

A Non-Governmental Organisation, Save the Consumers, has strongly condemned the recent 2 per cent price hike implemented by MultiChoice Nigeria on its DStv and GOtv services, effective March 1, 2025. The group, which advocates for consumer rights, described the increase as unjustifiable, especially when compared to MultiChoice’s simultaneous decision to slash prices by up to […]

Housing

AIHS partners finance ministry to push affordable housing finance 

The Africa International Housing Show has announced a strategic partnership with the Ministry of Finance Incorporated to organize a one-day stakeholders engagement and enlightenment programme focused on MOFI’s intervention initiatives. The stakeholders engagement and enlightenment programme with MOFI is scheduled to take place during the 19th edition of the Africa International Housing Show set for […]

News

FG to introduce standard operating code for Zamfara gold mining

The Federal Government has announced plans to regulate gold exploration in Zamfara State through the introduction of a standard operating code designed to create a more organized and transparent mining process. This was disclosed by the Minister of Solid Minerals Development, Dele Alake, during a press briefing marking the first anniversary of the Mining Marshals—a […]

Electricity

Nigeria to tap Egypt’s expertise in power generation – Adelabu

The Federal Government has expressed its intention to learn from Egypt’s success in power generation and transmission, describing the North African country as a role model in the energy sector. It also reaffirmed its commitment to enhancing rural development by improving electricity access across underserved communities. This was disclosed by the Minister of Power, Adebayo […]

Nigeria Exchange in decline two weeks in a row
Business

NGX all-share index drops 992 points, closes week in red

The Nigerian All-Share Index ended the week of March 21, 2025, in decline, shedding 992.17 points as the premium index and all subsectors—except consumer goods—recorded losses. The market dipped by 0.94%, with the index dropping from 105,955.13 to 104,962.96, slipping below the key 105,000 threshold. Trading activity also weakened notably, as weekly volume dropped from […]

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