Live intelligence from 10+ verified Nigerian and UK sources
The Central Bank of Nigeria has kept the Monetary Policy Rate steady at 26.5% and announced no intervention in the foreign exchange market. This decision comes as the country's reserves reach $50 billion.
Gowon accuses Ojukwu of smuggling arms into Nigeria prior to the civil war, claiming he attempted to prevent the conflict through dialogue. This revelation highlights the tensions and choices that led to the war.
Two minors were rescued after being sold for N18,000 each and forced to hawk goods for four months. The case highlights ongoing issues with child trafficking in Nigeria.
Nigeria's power sector is grappling with a liquidity crisis due to structural weaknesses rather than capacity issues. Addressing this gap requires effective payment security and credit enhancement mechanisms.
Seplat Energy Plc has launched a five-year strategic plan to increase oil production to 500,000 barrels per day and aims to distribute $1 billion in dividends to its shareholders. This initiative follows the successful integration of Mobil Producing Nigeria Unlimited.
Yakubu Gowon has accused Chukwuemeka Odumegwu Ojukwu of hindering peace efforts that could have prevented Nigeria's civil war. This statement revisits a significant and painful period in the nation's history.
The APC primaries in Benue have ignited significant controversy due to allegations of result allocation and candidate imposition. This has led to a deep rift within the party, highlighting issues of internal betrayal.
The National Judicial Council (NJC) is investigating over 256 judges for alleged judicial malfeasance. This unprecedented move signals a potential cleansing of the judiciary in Nigeria.
The Federal Government has approved the Nigerian Communications Commission's proposal to review the Nigerian Communications Act of 2003. This move aims to enhance the regulatory framework for the communications sector in Nigeria.
President Bola Tinubu claims that those benefiting from oil subsidy and exchange rate policies are wishing for his demise. He made this statement during the NADECO@32 event, highlighting the challenges faced since his policy changes in 2023.
Nigeria is facing a revenue crisis due to a narrow tax base and heavy reliance on petroleum income. New tax laws are being introduced to address these challenges.
Oyo State Governor Seyi Makinde signs an executive order for Oyo security regulation, requiring vigilante and community security groups to register.
A heartbroken mother in Rivers State demands justice after a learner driver kills three of her children by crashing into their home in Port Harcourt.
A legal analysis highlights the limitations of garnishee proceedings against public funds in Nigeria, particularly in the context of the recent CBN v Lidan Engineering case. This development may impact the enforcement of monetary judgments involving public entities.
Donald Trump warns that the US may resort to military action against Iran if diplomatic efforts fail. Meanwhile, the UK has secured a significant trade deal worth £3.7 billion with Gulf nations.
The Nigerian Air Force has intensified its operations against Boko Haram in Borno, targeting a key commander's stronghold. This military action reflects ongoing efforts to combat terrorism in the North-east region.
Israel's Security Minister has sparked a diplomatic crisis after footage surfaced showing the abuse of pro-Palestinian activists. The incident has raised significant international concern regarding human rights practices.
The article from BusinessDay discusses various topics relevant to the Nigerian economy. It highlights key developments and trends affecting businesses in the country.
A Federal High Court dismisses a fundamental rights suit filed by alleged illegal medicine dealers against the Pharmacy Council of Nigeria (PCN) and NSCDC.
Amid rising insecurity, Nigeria’s South-West faces economic paralysis. Learn why establishing a regional Security Trust Fund is a critical step for stabili
Lord Palmerston, a 19th-century British Prime Minister, famously coined the saying: “There are no permanent friends or enemies, only permanent interests.” He was talking about relations between nations. However, Nigerian politicians have unashamedly hijacked the maxim to just...
By Omooba Alabi It is no longer news that Ekiti State has a date with history on 20th June 2026. That date is set for the gubernatorial election to determine the next tenant of Oke Ayoba, the official residence of the Ekiti State Governor. As at last count, the race had thrown u...
S&P Global has upgraded the ratings for several Nigerian banks, including Access Bank, GTB, and UBA, signaling improved financial health. This positive development reflects growing confidence in Nigeria's banking sector and its economic prospects.
Structured reasoning determines how intelligent people think you are. Not what you know. Not how creative you are. Not how hard you’ve worked, but how clearly you organize and present your thinking. This is non-negotiable. Your emails get read or ignored based on it. Your essa...
• Declares he’s faced immense pressures, difficult choices •Tonye Cole also stands down guber bid Blessing Ibunge in Port Harcourt Rivers State Governor, Siminalayi Fubara, has withdrawn from participating in
The Central Bank of Nigeria has decided to maintain the Monetary Policy Rate at 26.5%, citing the muted impact of the Middle East crisis on the economy. Additionally, 33 banks have shown improved financial soundness due to prior policy reforms.
The $5 billion NLNG Train 7 project is now 92% complete and approaching pre-commissioning. This development reflects a significant increase in local capacity within the Nigerian energy sector.
The Nigeria Social Insurance Trust Fund (NSITF) reports that over 7.6 million workers have enrolled in the Employees Compensation Scheme. This initiative aims to enhance social security for employees across the country.
The Nigerian Presidency has recognized RegTech as a key tool for enhancing financial inclusion and fostering a trusted digital economy. The Central Bank of Nigeria emphasizes that effective regulation should promote innovation while addressing issues like digital fraud and high remittance costs.
The Nigerian federal government is advocating for a review of the National Telecommunications Policy to improve digital access and public service delivery. This initiative aims to modernize regulations established 26 years ago.