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Nigeria’s IMTO inflows surge 45% to record $1.29bn

  • 19th August 2026

NSDC mobilises $1bn for sugar self-sufficiency

  • 18th August 2026

NAFEM turnover hits $1.41bn, highest in weeks

  • 18th August 2026

US states seek major changes as Meta child

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BudgIT urges FG not to dismiss US transparency report

Opinion

Naira holds steady at ₦1,350/$ in official FX market

Finance

Federal, states, LGs share ₦3.007trn July FAAC

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NAICOM revokes universal insurance licence over capital shortfall

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Technology

FG to launch digital education data system DNEMIS July 1

The Federal Ministry of Education will on July 1 officially launch the Digital National Education Management Information System. According to the News Agency of Nigeria, National Project Coordinator, Special Programmes Operations and Implementation Unit, Office of the Minister of Education, Mr Adebayo Onigbanjo, disclosed this at a news conference in Abuja on Monday. Onigbanjo described […]

Policy and Regulations

Lagos orders demolition of illegal structures blocking drainage channels

The Lagos State Government has ordered the immediate demolition of illegal structures obstructing drainage channels and canal rights of way in Agungi, Ajiran and Ikota as part of efforts to tackle persistent flooding in the affected communities. The disclosure was contained in a statement issued by the Lagos State Government via its official Facebook page […]

Opinion

Peter Obi urges investment in education to strengthen human capital

Former Anambra State Governor, Mr. Peter Obi, has urged governments at all levels to prioritise investment in education, particularly the training of healthcare professionals, saying no nation can achieve meaningful development without strengthening its human capital. According to Vanguard, Obi made the call at the weekend while addressing the management, staff and students of the […]

Conferences

Onitsha business hangout pushes collaboration for South-East economic growth

The organisers of the Onitsha Business Hangout have said the South-East economy can only achieve sustainable growth through collective progress and collaboration, rather than isolated business competition. Vanguard reported that speaking during a pre-event media briefing, the Convener of the Onitsha Business Hangout, Mr. Ifeanyichukwu Ogbaji, said the fifth edition of the annual entrepreneurship symposium […]

Oil and Gas

FG orders NMDPRA to stop exploitative fuel pricing by marketers

The Federal Government has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority to ensure that petroleum marketers do not exploit Nigerians through excessive pricing under the deregulated downstream market. Vanguard reported that Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, gave the directive on Monday in Abuja while delivering the keynote address […]

News

16-year-old Osasere Okundaye becomes Nigeria’s youngest chartered accountant

At just 16 years old, Osasere Okundaye has shattered a national record by becoming the youngest person in Nigeria to earn a chartered accountancy qualification through the Institute of Chartered Accountants of Nigeria. Minister of Youth Development Ayodele Olawande celebrated the achievement on Monday, calling it proof of what hard work, discipline, and resilience can […]

Business

BAT to cut 9,000 jobs globally in cost-saving drive

British American Tobacco is cutting approximately 9,000 jobs, which is about one-fifth of its global workforce of 47,000, according to a report by Bloomberg. The move by BAT is part of a sweeping restructuring programme designed to reduce costs and simplify operations, with the tobacco giant targeting £600 million in annual savings by the end […]

Business featured

‘I’m not a billionaire’, Nigerian investor reveals in viral interview

The founder of Aruwa Capital Management, Adesuwa Okunbo Rhodes, has dismissed the notion that she is a billionaire despite revealing insights into the scale of investments she manages, insisting that wealth creation comes through identifying opportunities rather than personal fortune. Rhodes made the clarification during a street interview with James of the popular platform @schoolofhardknocks, […]

Business

Nigeria’s pension assets hit record N31.32tn in May

Nigeria’s pension fund assets climbed to a record N31.32 trillion in May 2026, underscoring the steady growth of the country’s pension industry despite persistent macroeconomic headwinds. The figure is contained in the unaudited monthly report of the National Pension Commission for the period ended May 31, 2026, released on June 29, 2026. The latest figure […]

Business

Lokpobiri orders fuel marketers to cut petrol prices amid global oil decline

The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has directed petroleum marketers to immediately reduce the pump prices of Premium Motor Spirit and other petroleum products in line with the recent drop in global crude oil prices. Lokpobiri gave the directive on Monday in Abuja during the 2026 Nigerian Midstream and Downstream Petroleum […]

Business

Marketers demand timely NNPCL deal to revive refineries, boost competition

Oil marketers under the Independent Petroleum Marketers Association of Nigeria have called on the Nigerian National Petroleum Company Limited to expedite its proposed Technical Equity Partnership with two Chinese firms to complete and operate the Warri and Port Harcourt refineries. The marketers expressed concern over the prolonged delay in finalising the agreement, warning that the […]

Business

Nigeria earned ₦20.22tn from crude exports in five months

Nigeria exported an estimated 148.9 million barrels of crude oil valued at about N20.22tn in the first five months of 2026, showcasing the scale of the country’s oil trade despite persistent concerns over production levels. The crude barrels were exported by both international and indigenous oil companies, including the Nigerian National Petroleum Company Limited. While […]

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