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The EFCC has secured convictions for 10 individuals in Delta and Edo states for naira abuse, including spraying at parties. Learn about the penalties for n
…Cash pile swells Oando Plc posted its strongest annual profit on record, as the first full year of production from read more Oando rides Agip Oil assets to record 32% profit jump
The Federal Government has urged communities in Ogun and Ondo states to support the Dangote Industrial City and Deep Seaport project. This initiative is expected to drive economic growth and create numerous opportunities.
The National Drug Law Enforcement Agency (NAFDAC) on Monday received unwholesome drugs worth over N430 million handed over by the read more NAFDAC mops up N430m truck unwholesome drugs in Onitsha drug market
The Nigeria Customs Service aims to generate N11.07 trillion in revenue for the 2026 fiscal year after surpassing its 2025 target by 10.24%. Comptroller-General Adewale Adeniyi announced this ambitious goal following their record performance.
UBA said Mr Elumelu's retirement is in line with the Central Bank of Nigeria's (CBN) corporate governance guidelines, which set a maximum tenure of 12 years for non-executive directors of banks. The post UBA announces Tony Elumelu’s retirement, appoints Emmanuel Nnorom as chair...
The Nigeria Customs Service exceeded its 2025 revenue target by generating ₦7.277 trillion. They are now seeking approval for a proposed budget of ₦11.274 trillion for 2026.
The Allied People’s Movement (APM) pledges to restore Nigeria’s economy and strengthen security, offering a new direction for citizens ahead of the 2027 el
Motul, the globally recognised leader in high-performance lubricants, has partnered with Winpart by CFAO, the aftermarket division of CFAO Mobility read more Automotive firms partner to expand lubricant access in Nigeria
For buyers currently seeking to purchase a car in Nigeria, whether brand new, tokunbo, or even an electric vehicle, the read more Explainer: What Nigeria’s Green Tax means for car buyers, dealers
The OAGF spokesperson explained that the process of opening a CBN account for the PFIPC was never completed because the required documentation to activate the account was not submitted. The post PFIPC has no CBN account, received no funds – OAGF appeared first on Premium Ti...
Yam prices are rising sharply in Enugu markets, forcing buyers to purchase less. This trend is impacting consumers like Patricia Ugonna, who is feeling the pinch of increased costs.
'Account was not successfully opened because there have to be signatories to such an account, which were not provided. As such, no money was paid into the said account' The post PFIPC CBN account opening inconclusive, no funds released — Accountant-Gen appeared first on Vanguar...
The NSDC has initiated elite training cohorts aimed at transforming Nigeria's sugar industry. This marks a significant shift from policy formulation to active implementation of industrial strategies.
With the NGX All-Share Index posting a 46.8 percent return in the first half of 2026, the constituent indices in read more Oil & Gas, Industrial goods made NGX best sectors in H1
They are using discarded polyethylene terephthalate (PET) plastic bottles, to act as makeshift, gravity-fed fuel compartments The post Beating the bad economy: Artisans use plastic bottles to slash generator fuel costs appeared first on Vanguard News.
Data from the official exchange rate window on Monday showed the dollar exchanging at approximately ₦1,370.33/$ at the Nigerian Foreign Exchange Market. The post Naira To Dollar Exchange Rate Today, July 6, 2026 appeared first on Channels Television.
Nigeria's oil production rose by 42,000 barrels per day in May, reaching 1.53 million barrels. This increase reflects a positive trend in the country's crude output for the months of May and June.
OPEC+ has agreed to raise oil production by 188,000 barrels per day starting in August. This decision comes as global oil prices decline with the reopening of the Strait of Hormuz for exports.
Nigeria's electricity subsidy costs are projected to reach N358.32 billion in early 2026, highlighting ongoing challenges in the power sector. The government continues to face criticism due to persistent power outages despite significant financial support.
Housewives and caterers in Nigeria are expressing their frustration over rising tomato prices, which they say is affecting meal quality. The instability in tomato prices has led to concerns about the impact on cooking and food preparation.
The EBRD plans to invest at least $1.5 billion in Nigeria over the next three years, marking a significant expansion in Sub-Saharan Africa. This investment aims to bolster economic growth and development in the region.
Nigeria is launching a strategic roadmap to leverage its critical mineral deposits for industrial growth. This initiative aims to attract investments in clean energy manufacturing.
Nigerian manufacturers are shifting towards local sourcing and value addition to lessen their reliance on imports. This strategy aims to combat rising production costs and enhance competitiveness in both domestic and regional markets.
The Nigerian Shippers' Council has secured N90.6 billion and $1.348 million for the shipping industry. This financial protection is a result of their regulatory interventions and dispute resolutions.
Nigeria's finances have improved following the end of a major fuel subsidy three years ago. The article explores the benefits and allocation of the funds that were previously used for the subsidy.
The Nigerian naira is trading at ₦1,370.33 against the US dollar on July 6, 2026. This indicates a period of relative stability in Nigeria's foreign exchange market.
The Nigerian stock market has experienced a decline for the third consecutive week, with profit-taking leading to a loss of N1.8 trillion. Analysts project monetary tightening in the second half of 2026.
Oil prices have declined as markets display mixed signals, particularly due to a slowdown in the technology sector. Optimism remains regarding US-Iran peace talks, which could influence future market dynamics.
The Victoria Island-Lekki gas pipeline is crucial for enhancing industrial productivity in the region. Its development is expected to stimulate economic growth and attract investments.