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US to revoke visas of foreign asylum seekers

  • 25th August 2026

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Pension account registrations rise to 11.18 million in

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  • 24th August 2026

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Nigeria’s reliance on imported petrol rise as local supply

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US state probes OpenAI over hugging face cybersecurity incident

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US to revoke visas of foreign asylum seekers

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NCC, Telecom operators urge states to review policies for broadband expansion
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NCC, Telecom operators urge states to review policies for broadband expansion

The Nigerian Communications Commission and telecom operators have called on the 36 state governments and the Federal Capital Territory to reassess and update their policies to accelerate the deployment of broadband infrastructure across Nigeria. The appeal was made during a recent Strategic Stakeholder’s Meeting in Abuja, which included state commissioners from all states and the […]

Matrix Energy seeks court order against media houses over libel claims
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Matrix Energy seeks court order against media houses over libel claims

An indigenous oil company, Matrix Energy Limited has filed a suit in the Federal Capital Territory High Court, seeking an injunction against two media houses and other parties. The company alleges that recent publications have falsely accused it of involvement in importing substandard petroleum products, which it claims are damaging to its reputation and business […]

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NNPC lacks required funds to fix old pipelines – Minister 

The Federal Government has said that the Nigerian National Petroleum Company Limited lacks the necessary funds to rebuild its aging pipeline infrastructure. This was revealed by the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, during the 2024 Energy and Labour Summit held in Abuja, according to The Punch. Lokpobiri emphasized the urgent necessity […]

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Technology now tracks oil theft, Okonjo-Iweala tells FG

The Director General of the World Trade Organisation, Ngozi Okonjo-Iweala, has said there are enough technological innovations to track crude oil theft and bring those behind the act to justice in Nigeria. This was disclosed by Okonjo-Iweala at the opening ceremony of the 2024 Annual General Conference of the Nigerian Bar Association held at the […]

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FG to support flood victims with N3bn nationwide

The Federal Government has unveiled plans to allocate N3 billion to all states to help mitigate the effects of the recent flood disaster. This was disclosed by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, during a press briefing at the Government House in Birnin Kebbi on Sunday, following his […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
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FG plans maternal mortality action fund with $500m W’Bank loan

Nigeria is preparing to launch the Maternal Mortality Action Fund as part of ongoing negotiations for a $500 million loan from the World Bank. The initiative is part of the broader Nigeria: Primary Healthcare Provision Strengthening Program. In the Stakeholder Engagement Plan, the country anticipates World Bank approval for the loan next month. The $65 […]

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CORAN urges FG to sell NNPC refineries for modular plants

The Federal Government is being urged to sell the government-owned Port Harcourt, Warri, and Kaduna refineries to finance the development of modular refineries. These refineries are currently managed by the Nigerian National Petroleum Company Limited the government’s oil firm. The Crude Oil Refiners Association of Nigeria made this appeal on Sunday, arguing that the sale […]

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Discos earn N3.95tn in five years – Report

Nigeria’s electricity distribution companies (Discos) reported a total revenue of approximately N3.95 trillion between 2019 and the first quarter of 2024, according to data from the National Bureau of Statistics. The data indicated a steady increase in revenue over this period, with Discos earning N482.6 billion in 2019, N526.8 billion in 2020, N761.2 billion in […]

SpaceX to rescue stranded NASA astronauts in 2025
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SpaceX to rescue stranded NASA astronauts in 2025

Two NASA astronauts who have been stranded aboard the International Space Station for over two months are scheduled to return to Earth in February 2025, with the help of SpaceX. Astronauts Sunita Williams and Butch Wilmore, who embarked on their ISS mission on June 5, 2024, were originally set to return after just eight days. […]

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FG gives reasons for passport fees hike

The federal government has provided four primary justifications for the increase in the cost of the Nigerian international passport which takes effect from September 1, 2024. In a circular released on Saturday, the Nigerian Immigration Service attributed the fee increase to four key reasons and considerations by the agency. It was previously reported that the […]

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Foreign investors key to success of bank public offers

The Managing Director and Business Officer at Optimus by Afrinvest, Ayodeji Ebo has stated that the success of recent public offers and recapitalization efforts by banks will largely depend on their ability to attract foreign investors. Ebo disclosed this while speaking at the industry outlook webinar, themed “Banking Public Offers: Buy, Sell, or Hold?” on […]

FG moves to restrict Binance, other crypto platforms
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Binance co-founder’s sentence nears end with Halfway House transfer

Binance Co-founder and former CEO Changpeng Zhao, known as CZ, has been transferred from prison to a halfway house in Long Beach, California, as he prepares for a potential release in September. This move has sparked optimism within the crypto industry, with many viewing his release as a bullish indicator for Binance-related assets, including Binance […]

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