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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

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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Dangote Urges Government to End Fuel Subsidies Immediately

Aliko Dangote calls for an immediate end to fuel subsidies in Nigeria, explaining how it could reduce costs and stabilize the economy

Tinubu Prioritizes Financial Sector to Attract Domestic, Foreign Investments

President Bola Tinubu assures a business-friendly environment to attract domestic and foreign investments during a meeting with Coca-Cola's leadership team.

Nigeria Unveils Advanced SCADA System for National Grid

Nigeria's government has unveiled a new SCADA system to improve grid management and reliability, marking a key step toward energy security

CBN Warns of External Reserve Risks Amid Fuel Subsidy Removal

The Central Bank of Nigeria warns that fuel subsidy removal, increased import costs, and higher debt obligations could threaten external reserve growth by 2024-2025

Moderating Inflation: How Harvest Season Eases Pressure Amid Fuel Price Hikes in Nigeria

Nigeria’s inflation rate eased to 32.15% in August 2024, thanks to the harvest season. However, fuel price hikes continue to pose a threat to stability.

Nigeria’s Inflation Rate Falls to 32.15 Percent in August 2024

Nigeria's inflation rate eased to 32.15 percent in August 2024, reflecting a slowdown for the second consecutive month despite high food inflation

Dangote Refinery to Start Fuel Distribution Next Week

Oil marketers will begin loading petrol from the Dangote refinery next week, marking a key moment in Nigeria’s fully deregulated oil sector

CBN Introduces New Rules to Monitor PoS Transactions

The Central Bank of Nigeria introduces new PoS transaction rules, requiring payments to go through licensed platforms for improved security and transparency

Nigeria’s $1-Billion Iron Ore to Steel Partnership with China: A Blessing or Economic Pitfall?

Nigeria’s $1 billion steel deal with China holds promise for industrial growth but also poses risks of debt and dependency. Learn the potential benefits and drawbacks.

How the 9-percent Increase in VAT Revenue Affects Nigerian Households and Businesses

Nigeria's VAT revenue rose by 9% in Q2 2024, a promising sign for government revenue. However, everyday Nigerians face increasing hardships due to inflation and rising costs

Nigerian Students Demand Reversal of New N50 Transfer Fee

NANS demands the government reverse a new N50 fintech transfer levy, arguing it adds to financial struggles faced by students

Dangote Says It Will Change Face Of Fuel Market In Nigeria Through Refinery

Let alone the new launched Dangote Refinery will eventually bring about more decent petrol price in Nigeria, it is high time to pay more attention to the petrol pricing which has a bearing on the entire Nigerian economy

Latest articles

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

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.

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.

Oyo, UNICEF Push for Tougher FGM Penalties

Oyo and UNICEF call for tougher FGM penalties, pushing accountability and community reform to safeguard girls from harmful practices.