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*Navy reinforces media partnership to enhance maritime security, combat crude oil theft *FG backs US’ sanctioning of individuals, firms financing terrorism Alex Enumah and Linus Aleke in Abuja Nigeria and
Kayode Tokede The Nigerian stock market reversed two sessions of gains with a decline of N3.6 trillion as widespread profit-taking activities in BUA Cement (10 per cent drop), and 37
New CBN data reveals a N17.4tn surge in FG borrowing, highlighting increased public sector debt and potential crowding out of private sector credit. Get th
Jaiz Bank plans to introduce collateral-free loans for SMEs and retail customers, awaiting CBN approval. This initiative aims to boost financial inclusion
Nigeria’s manufacturing sector remitted a record N329.59bn in Value Added Tax (VAT) in Q1 2026, the highest quarterly contribution in four years. Learn mor
Fuel prices in Nigeria remain elevated despite a significant drop in crude oil prices to $73 per barrel. Consumers are hopeful for a decrease below N1,000 per litre soon.
Lagos Governor's adviser emphasizes that Nigeria's clean cooking initiative can stimulate economic growth and job creation. The initiative also aims to enhance public health across the country.
Captain Ladi Olubowale emphasizes the importance of Nigerian seafarers as vital assets for the nation's economic development. Their contributions are seen as crucial for driving growth in various sectors.
NDLEA uncovers a multi-billion-naira clandestine methamphetamine laboratory in Oyo State, arresting a Mexican national and four others in a major drug bust
The record blockbuster rally that made Nigerian equities the talk of frontier markets has headed for a major cool. This read more Nigeria stocks return falls below 2025 levels
The Strait of Hormuz is the world’s most critical oil chokepoint, and its uninterrupted flow is essential to global stability. Every day, approximately 21 million barrels of crude oil—roughly 21 per cent of global petroleum consumption—pass through this narrow waterway betw...
Lagos State launches its Independent System Operator (LAISO) to manage the state’s electricity market and ensure reliable power supply under the new Electr
Fidelity Bank Plc is dedicated to aiding Nigeria's economic diversification by enhancing capacity building and export development. The bank recently hosted its 19th edition of an event focused on empowering exporters to leverage AfCFTA opportunities.
The Nigeria Employers’ Consultative Association (NECA) will host its 2026 Employers’ Summit to discuss the effects of economic reforms on various sectors. This initiative aims to critically assess the impact on businesses, employment, and investment.
APM Terminals Apapa is recognized as a vital contributor to Nigeria's export industry. The terminal is enhancing its capabilities through strategic investments and advanced technology.
Deputy Speaker Benjamin Kalu emphasizes Nigeria's green economy as a key area for immediate investment opportunities. He encourages financiers to take advantage of the potential in climate investments.
Edo State Police foil a kidnap attempt on the Benin-Abraka Road, rescuing all passengers after a gun duel with suspected kidnappers. Read more on Punch.
Nigeria has made a significant discovery of platinum, lithium, and rare metals in Kaduna, boosting its mining revenue from N6bn to N70bn. This breakthrough marks a major advancement in the country's solid minerals sector.
…serious governance cannot coexist with such superficiality when there are real problems to solve. It is high time we weaned ourselves of useless colonial and bureaucratic practices that add no value to the country. This obsession with title over substance is precisely why ...
NCGC and SMEDAN have signed a Memorandum of Understanding to improve access to affordable loans for MSMEs in Nigeria. This partnership aims to boost economic growth and create jobs.
Every month, a Lagos-based accountant, Sarah Adeyemi, sees deductions from her salary for taxes and statutory contributions. Yet she still read more Citizens shoulder rising cost of basic services despite higher tax collections
The bank was sanctioned by the Central Bank of Nigeria (CBN) and the Nigerian Exchange Group (NGX) for breaches ranging from anti-money laundering and customer due diligence requirements to filing infractions. The post Jaiz Bank’s regulatory penalties surge to N530.9 millio...
The Nigerian government has discovered significant deposits of platinum, gold, and nickel in Kaduna State. This breakthrough is expected to attract new investments in the mining sector.
The TinCan Island Port Command of the Nigeria Customs Service generated N111.2 billion in May 2026, solidifying its top-performing status. The new Customs Area Controller, Comptroller Anani, has pledged to enhance revenue collection further.
Zedcrest Securities, the stockbroking subsidiary of Zedcrest Group, has launched stocks trading on the Zedcrest Wealth App, enabling clients to buy and sell shares of over 150 companies listed on the Nigerian Exchange (NGX) directly from their mobile devices. The launch represent...
By Kingsley Omonobi ABUJA — Troops of Sector 2, Joint Task Force North-West, Operation Fansan Yamma, have rescued three kidnapped victims and foiled a planned terrorist attack during separate operations in Zamfara and Sokoto states. The operations, carried out as part of ongoin...
Russia -one of the world's largest oil producers - has introduced a swath of restrictions on petrol sales across the country, as Ukrainian strikes on its refineries, depots and logistics crimp domestic supply. The post Fuel Shortages Bite In Moscow As Ukraine Targets Russia’...
The Federal Government has discovered significant deposits of platinum, lithium, and rare metals in Kaduna. This finding is expected to enhance Nigeria's solid minerals sector.
A Magistrate Court sitting in Bolade, Oshodi, Lagos, on Wednesday sentenced 14 persons to three months imprisonment each for assaulting officials of the Lagos State Environmental Sanitation Corps (LAGESC), popularly known as KAI, while they were carrying out lawful duties at the ...
According to the agency, forensic tests carried out at the site confirmed the presence of methamphetamine, while all recovered substances and equipment have been secured as evidence. The post VIDEO: NDLEA Busts Multi-Billion Naira Meth Factory In Oyo Forest appeared first on Chan...