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NNPC has reported a remarkable revenue of nearly N13 trillion from January to April 2026. However, the profit margin remains below 10 percent, indicating challenges in profitability despite high revenue.
Mr. Cornelius Adebayo emphasizes the importance of farmers uniting in large estates to improve agricultural output in the face of climate change. This strategy aims to attract necessary financing for enhanced productivity.
The Transmission Company of Nigeria is progressing with the Jos-Gombe railway project and has revived the Mando-Kumbotso facility. This development aims to enhance the country's transmission infrastructure.
NIMASA and HLSI have made significant strides in combating piracy in the Gulf of Guinea, which has been notorious for maritime kidnappings. Their efforts are reshaping the region's reputation and enhancing maritime security.
Global oil prices have dropped nearly 20% from their May 2026 highs. This decline is attributed to rising investor optimism regarding a potential long-lasting ceasefire deal between the U.S. and other parties.
The African Development Bank reports that 70.7% of Nigerian companies depend on generators for their operations due to ongoing electricity shortages. This reliance highlights the challenges faced by businesses in maintaining consistent power supply.
In March of this year, Enhancing Financial Inclusion and Advancement (EFInA) convened its International Women’s Month gathering under the theme, read more Designing Financial Services That Work for Women: Lessons from Women’s Associations
The Enugu State government has denied reports of an attack in Awgu, calling the claims false. Commissioner Malachy Agbo emphasized that no such incident took place in the state.
President Bola Tinubu welcomed Romuald Wadagni, the newly elected President of Benin, during a meeting in Lagos. This visit highlights the strengthening of diplomatic relations between Nigeria and Benin.
President Bola Tinubu has inaugurated three new naval ships and a combined maritime task force to bolster Nigeria's maritime security. He praised the Navy's contributions to counterterrorism and counterinsurgency efforts across the country.
The Central Bank of Nigeria has reassigned its deputy governors to enhance policy coordination and regulatory oversight. These changes took effect on June 1, 2026.
The Nigerian government has launched an agribusiness fund to support 6 million young people. This initiative aims to provide access to land, training, financing, technology, and markets for youth in agriculture.
Fayose made the allegation while speaking on a televised programme, where he questioned the response of the Oyo State Government to the incident and suggested that political considerations may have influenced its handling. The post ‘Makinde’s govt orchestrated Oyo abd...
Governor Olayemi Cardoso has re-assigned the deputy governors of the Central Bank of Nigeria. Ikeazor will now oversee policy responsibilities within the institution.
Nigeria is asserting its rights over carbon markets despite conflicts with CORSIA regulations. The approval of a Carbon Market Framework is seen as a step towards sovereignty in managing its carbon resources.
Jigawa State Governor, Umar Namadi, has suspended four political aides indefinitely. The reasons for their suspension remain unconfirmed.
President Bola Tinubu has met with newly inaugurated Béninoise President Romuald Wadagni in Lagos for their first bilateral discussions. This meeting marks a significant step in fostering Nigeria-Benin relations.
A false alarm about bandits in Lagos resulted in the mob killing of a 24-year-old motorcyclist. The police have arrested 15 suspects and clarified that there was no invasion.
Ogun State Police successfully rescued two officers who were wrongly identified as kidnappers by a mob in Simawa. The officers were returning from duty when they were confronted by the crowd.
Senegal's President Bassirou Diomaye Faye has formed a new government, intentionally leaving out members of the rival party led by Ousmane Sonko. This move follows political disputes that led to Sonko's dismissal as prime minister.
Kwara State's Commissioner of Police, Adekimi Ojo, has warned officers to refrain from misconduct, stating that the era of impunity is over. This marks a significant shift towards accountability within the police force.
The Nigerian stock market declined by 1.13% on the first trading day of June, resulting in a loss of N1.81 trillion for investors. This downturn was attributed to widespread profit-taking in major equities.
The Super Eagles have started their training camp in Warsaw, Poland, ahead of friendly matches against Poland and Portugal. This preparation aims to enhance their performance in upcoming international fixtures.
FUTO has temporarily closed for two weeks to conduct fumigation and renovations following protests over a student's death. The university aims to address health and safety concerns amid the unrest.
Ogun State has emerged as Nigeria's second best-performing state due to strategic investments and infrastructure development under the Abiodun administration. The focus on industrial expansion and fiscal reforms has significantly boosted the state's economy.
The Trump administration has agreed to temporarily halt compensation packages for its supporters. This decision follows criticism from both Democrats and some Republicans regarding the fund's viability.
Anthony Joshua emphasizes that defeating Tyson Fury is more important to him than finalizing a fight agreement. His focus remains on the competition rather than the contractual details.
SERAP has condemned the arrest of novelist Okey Ndibe, attributing it to the Tinubu administration's crackdown on rights. This incident raises concerns about freedom of expression in Nigeria.
The APC in Jigawa State has suspended House of Representatives member Ibrahim Kamfani Auyo and six others for alleged anti-party activities. This decision reflects the party's stance on maintaining discipline among its members.
President Tinubu praises the Nigerian Navy for successfully eliminating piracy in the country's waters. This achievement is expected to enhance oil production and boost national revenue and investor confidence.