Yearly Archives: 2025

Nigeria Recovers 90 Mining Sites, Generates N28 Billion in 2024

Nigeria recovered 90 mining sites and generated N28 billion in 2024, signalling a stronger policy focus on mining sector revenue and reform

UBA Third-Quarter Profit Reports ₦537.5 Billion Profit

UBA posts N537.5 billion profit in Q3 2025, boosting its capital strength and reaffirming investor confidence through disciplined growth and recapitalisation.

Power Minister Adelabu Disburses N100 Million Grants to Oyo Traders

Adebayo Adelabu launches N100 million empowerment programme in Oyo State to support traders, farmers, and artisans amid economic hardship.

Delta Air Lines Launches Atlanta–Marrakech Route Expansion

Delta Air Lines opens a nonstop Atlanta–Marrakech route, expanding US–Africa connectivity and boosting tourism and trade between Morocco and the United States.

Nigeria Secures $500 Million for Solar Manufacturing

Nigeria secures $500 million to boost solar manufacturing, aiming to expand renewable capacity and export locally made panels across Africa

Fuel Tax Won’t Begin Until Naira Strengthens or Oil Price Falls — Oyedele

Oyedele says Nigeria will delay 5% fuel surcharge until naira appreciates or oil prices drop to avoid price hikes.

Otedola Donates ₦4bn for Augustine University Engineering Block

Femi Otedola donates ₦4 billion to build a state-of-the-art electrical and electronics engineering block at Augustine University.

Military Arrests 15 More Officers Over Alleged Coup Plot in Nigeria

Nigeria’s military detains 15 more officers over an alleged coup plot, with investigators linking funds to a former governor and minister.

House Launches Probe Into Tax Deductions and Bank Charges

The House launches a probe into excessive tax deductions and bank charges as lawmakers move to ensure fairness in Nigeria’s financial system.

Soludo’s Reward Promise Meant To Boost Voter Turnout, Not Buy Votes — Anambra Govt

Anambra government says Soludo’s reward plan for APGA canvassers aims to fight voter apathy, not buy votes.

Adeleke Confident Of Re-election In 2026 Osun Governorship Race

Governor Ademola Adeleke says he’s confident of winning re-election in 2026, citing performance and widespread support in Osun State.

Oando Profit Soars 164% to ₦210 Billion

Nigeria’s Oando plc recorded a 164 percent profit increase to ₦210 billion in nine months, powered by upstream growth.

Dollar Trades Around ₦1,495 to Naira in Nigeria’s Parallel Market

The black market dollar to naira rate climbed near ₦1,495 today, mirroring persistent FX scarcity and rising importer demand.

FG Begins ₦10 Million Support Fund for Tertiary Staff

The tertiary institution staff support fund begins nationwide rollout, providing ₦10 million interest-free loans to improve staff welfare.

Latest articles

Nigeria Recovers 90 Mining Sites, Generates N28 Billion in 2024

Nigeria recovered 90 mining sites and generated N28 billion in 2024, signalling a stronger policy focus on mining sector revenue and reform

UBA Third-Quarter Profit Reports ₦537.5 Billion Profit

UBA posts N537.5 billion profit in Q3 2025, boosting its capital strength and reaffirming investor confidence through disciplined growth and recapitalisation.

Power Minister Adelabu Disburses N100 Million Grants to Oyo Traders

Adebayo Adelabu launches N100 million empowerment programme in Oyo State to support traders, farmers, and artisans amid economic hardship.

Delta Air Lines Launches Atlanta–Marrakech Route Expansion

Delta Air Lines opens a nonstop Atlanta–Marrakech route, expanding US–Africa connectivity and boosting tourism and trade between Morocco and the United States.