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Oyo Public Schools Remain Shut as Teachers’ Strike Persists

KEY POINTS Public schools in Oyo State remain closed as the NUT strike, which began on June 1 over the abduction of teachers and pupils, continues. Parents and teachers say the prolonged shutdown is exposing children to idleness, street activities and negative influences. Stakeholders...
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N40m Projects Missing in Abia Communities

KEY POINTS TrackaNG says contractors received nearly N40 million for two federal projects in Abia State, but no work has started. Residents in affected communities are still without a market and a healthcare facility. The civic tech group has called on anti-corruption agencies and...

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Revenue from VAT and CIT falls 6 Percent to N3.79trn in first quarter

Nigeria's combined revenue from VAT and company income tax fell 6.2 percent to N3.79 trillion in the first quarter of 2026, the NBS has said.
Business

EU chief hails US-Iran deal to end war and reopen Hormuz

EU Council President Antonio Costa has welcomed a deal between the US and Iran to end the war and reopen the Strait of Hormuz.
Business

Ex-CBN deputy governor Moghalu named Bluecode Africa board chairman

Bluecode Africa has named former CBN deputy governor Kingsley Moghalu chairman of its Nigerian subsidiary's advisory board as the payments firm enters the Nigerian market.
Business

FCMB appoints Bismarck Rewane non-executive director and board chairman

First City Monument Bank has appointed economist Bismarck Rewane as non-executive director and chairman of its board, following approval from the Central Bank of Nigeria.
Business

CBN Reassigns Four Deputy Governors in Leadership Shake-Up

KEY POINTS The Central Bank of Nigeria has redeployed its four deputy governors in...
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CBN unveils Payment Systems Vision 2028 to drive growth and financial inclusion

CBN Governor Olayemi Cardoso has unveiled Payment Systems Vision 2028, a strategic roadmap to build a secure, inclusive and globally competitive payments ecosystem in Nigeria.
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Nigeria’s capital market moves to T+1 settlement cycle

Nigeria's capital market will switch to a T+1 settlement cycle on June 1, bringing the country in line with the US, Canada and India.
Business

Nigeria’s Economy Slows as GDP Growth Drops to 3.89% in Q1 2026 — NBS

KEY POINTS Nigeria’s economy grew by 3.89% in Q1 2026, according to the National...
Business

UBA opens innovation hub, business office at UNILAG

UBA has opened an innovation hub and business office at the University of Lagos, as chairman Tony Elumelu returned to his alma mater for the commissioning.
Business

Nigeria’s trade surplus jumps 220 percent to $480m

Nigeria's trade surplus jumped 220 percent to $480 million in January as oil exports hit a record, even as weaker cocoa prices dragged non-oil earnings.
Business

CBN Retains Interest Rate at 26.5%

KEY POINTS The Central Bank of Nigeria retained the benchmark interest rate at 26.5%...
Business

Dangote unveils multi-billion-dollar Olokola deep seaport on 10,000 hectares

Aliko Dangote's group has begun preliminary work on a 10,000-hectare deep seaport at Olokola, targeting exports, fertilizer shipments and Atlantic trade.
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Oyo Public Schools Remain Shut as Teachers’ Strike Persists

KEY POINTS Public schools in Oyo State remain closed as the NUT strike, which...
News

N40m Projects Missing in Abia Communities

KEY POINTS TrackaNG says contractors received nearly N40 million for two federal projects in...
News

One Killed, Three Injured in Enugu-Ebonyi Boundary Clash

KEY POINTS One person was killed and three others injured during an attack linked...
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Diezani Speaks After London Court Clears Her of Bribery Charges

KEY POINTS A London court acquitted former Petroleum Minister Diezani Alison-Madueke of all six...