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Borno’s Guzamala council chairman says troops repelled a two-hour terrorist attack on a military post

Suspected Boko Haram fighters attacked a military post in Mairari, Borno State, on Tuesday night; the council chairman says troops repelled them and no civilians died.
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Lagos banker and seven others arraigned over alleged N710 million proof-of-funds fraud

A Lagos banker and seven others have been arraigned on a 12-count charge over an alleged N710 million proof-of-funds fraud, according to the Police Special Fraud Unit.

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Business

Outrage grows over airport safety concerns as unions picket Air Peace

The picketing of Air Peace by aviation unions has drawn outrage over airport safety and security, after it stranded thousands and cost over N2 billion.
Business

Naira Trades at ₦1,364.83/$ as Forex Market Maintains Relative Stability

KEY POINTS Naira traded at ₦1,364.83/$1 on Friday, up from ₦1,357.65/$1 on Thursday. The...
Business

Nigeria spent N3.1trn on domestic debt servicing in Q1, DMO says

Nigeria spent N3.14 trillion servicing its domestic debt in the first quarter of 2026, the DMO says, with interest payments making up about 94.6 percent.
Business

Only six Nigerian banks pay N1.27 trillion dividends

Only six of Nigeria's biggest listed banks paid a combined N1.27 trillion in 2025 dividends, as the CBN barred five profitable lenders on prudential grounds.
Business

Coronavirus disease 2019

COVID-19 is a contagious disease caused by the coronavirus SARS-CoV-2. In January 2020, the...
Business

SMEDAN unveils N500m zero-interest fund for MSMEs

SMEDAN has unveiled a N500m zero-interest fund for MSMEs, disbursing it through cooperatives and associations to boost working capital and improve loan recovery nationwide.
Business

FG unveils 2026 push for industrial growth, trade and investment

The Federal Government plans to intensify industrial growth, trade expansion, investment and non-oil exports in 2026, focusing on turning policy into measurable economic outcomes.
Business

FirstBank backs Imo State’s OKOBI initiative to boost jobs

FirstBank has backed Imo State's One Kindred One Business Initiative, a community entrepreneurship scheme designed to create jobs, deepen financial inclusion and promote sustainable wealth.
Business

Cocoa and coffee farmers seek African bloc and $6,000 floor price to end foreign control

COCEFAAA has called for a unified African cocoa producers' bloc and a floor price of at least $6,000 a tonne to strengthen farmers' bargaining power.
Business

Textile manufacturers seek stronger trade protection for local industry

The Nigeria Textile Manufacturers Association has renewed its call for stronger trade protection, urging import restrictions to shield local mills from smuggling, dumping and unfair foreign competition.
Business

Nigeria Industrial Policy secures $380million in investment commitments in 90 days

The Federal Government says the Nigeria Industrial Policy 2025 has secured more than $380m in financing commitments within its first 90 days of active implementation.
Business

Economists cite reform impact as Nigeria’s revenue hits N15.8trillion

Economists have credited tax reforms, improved administration and stronger oil earnings for Nigeria's revenue, which hit N15.8tn in the first five months of 2026, up 49 percent.
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Borno’s Guzamala council chairman says troops repelled a two-hour terrorist attack on a military post

Suspected Boko Haram fighters attacked a military post in Mairari, Borno State, on Tuesday night; the council chairman says troops repelled them and no civilians died.
News

Lagos banker and seven others arraigned over alleged N710 million proof-of-funds fraud

A Lagos banker and seven others have been arraigned on a 12-count charge over an alleged N710 million proof-of-funds fraud, according to the Police Special Fraud Unit.
News

Algorithms won’t decide 2027 elections, INEC chairman says as deepfake fears grow

INEC chairman Joash Amupitan says algorithms will not decide the 2027 elections, even as artificial intelligence shapes how Nigerians get information ahead of the polls.
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Nigerian Air Force Orders Safety Checks After Fatal Igbokoda Crash

KEY POINTS The Nigerian Air Force has ordered stricter aircraft airworthiness checks, maintenance reviews...