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Four Rescued After Lagos Building Collapse

Four people were rescued alive after a three-storey building under construction collapsed in Yaba, Lagos, sparking overnight emergency operations
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Nigerian Army Kills Militants, Frees Dozens in Raids

The Nigerian Army kills terrorists and rescues 39 hostages in raids that intensify counterterrorism efforts across northern states.

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Business

Imported Petrol Landing Cost Drops to N900 Per Litre

Nigeria’s oil dependence exposes its economy to price shocks, but diversification into agriculture, tech, and minerals aims to ensure economic stability
Business

In Five Years, FAAN Remits Over N218bn to Federation Account

For 2020 to 2024, FAAN remits over N218bn to Nigeria's Federation Account and N352.2m in stamp duty payments.
Business

Naira Plummets to N1,780/$1 as Forex Volatility Grows

The naira plummets to N1,780/$1 in the black market, reversing gains as forex volatility raises concerns about Nigeria’s economic stability
Business

Nigeria’s Oil Dependence and Path to Economic Diversification

Nigeria’s oil dependence exposes its economy to price shocks, but diversification into agriculture, tech, and minerals aims to ensure economic stability
Business

Naira Strengthens as Traders Respond to Central Bank FX Policy

The naira gained strength in the parallel market, supported by Central Bank reforms, FX trading upgrades, and trader confidence
Business

Nigeria hits 158 CNG Conversion Centres, targets 1,000 by 2025

With plans to establish 1,000 conversion centres, local manufacturing hubs and mechanic training institutes, Nigeria’s move to compressed natural gas vehicles hits the mark.
Business

Naspers Reports $3.4 Billion in Revenue for H1 2025

Naspers sees 23% revenue growth in 2025, fueled by its e-commerce portfolio, U.S. operations, and AI-driven innovations
Business

Nigeria, France Ink Deal to Transform Solid Minerals Sector

Nigeria and France sign MoU to boost mining sustainability, diversify solid minerals, and promote environmental restoration.
Business

Kano Revenue Agency Seals Max Air Over Unpaid N190 Million Tax Debt

Kano Revenue Service seals Max Air’s headquarters over N190 million($0.11 million) tax debt, after failed negotiations for payment.
Business

To Quell Inflation, CBN Increases Interest Rate to 27.5 Percent

CBN hikes interest rate to 27.5% to rein in inflation fuelled by energy costs, fiscal deficits.
Business

Dangote Refinery Slams Naira-for-Crude Policy

Dangote Refinery raises concerns over the naira-for-crude initiative, citing inadequate crude supply from NNPC and broader challenges for refineries
Business

New Lab Launched To Empower Nigeria’s MSMEs

Nigerian MSMEs get mentorship and tools to scale businesses with new SSE Lab in Lagos.
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News

Four Rescued After Lagos Building Collapse

Four people were rescued alive after a three-storey building under construction collapsed in Yaba, Lagos, sparking overnight emergency operations
News

Nigerian Army Kills Militants, Frees Dozens in Raids

The Nigerian Army kills terrorists and rescues 39 hostages in raids that intensify counterterrorism efforts across northern states.
News

Hilda Baci Explains Cutback in Jollof Rice World Record Attempt

Hilda Baci scaled down her Guinness World Record jollof attempt due to technical limits but still cooked enough rice to feed 20,000 people.
News

High Cost of Elections: Nigeria Spends Nearly N1tn on Seven Polls in 24 years

Nigeria has spent N981.5bn on elections since 1999, ranking among the world’s costliest. Yet credibility issues and rising disputes cast doubt on the value of the spending.

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