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Wike Praises Tinubu, Umahi as East West Road Opens to Traffic in Rivers Bonny Axis

KEY POINTS Wike applauds Tinubu and Umahi for opening the East West Road linking Bonny in Rivers State He says the project fulfils a long standing promise abandoned by past administrations Bonny leaders pledge continued political support ahead of the 2027 elections Nyesom Wike, the...
Business

Tinubu Hails NGX Crossing ₦100 Trillion as Investor Confidence Returns to Nigeria

KEY POINTS NGX market value has crossed ₦100 trillion, a historic first for Nigeria Stock market returns in 2025 outpaced several major global indices Tinubu urges Nigerians and companies to deepen local investment President Bola Tinubu has praised the Nigerian capital market, NGX, for going...

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Business

MTN Group Faces Profit Slump Amid Naira Devaluation and Sudan Conflict

KEY POINTS MTN Group’s headline earnings per share dropped by 69% due to the...
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How Nigeria Rejected Binance’s $5 million Offer for Gambaryan’s Release

Nigeria rejected Binance's $5 million offer for Tigran Gambaryan’s release, demanding more data and a fair settlement to resolve legal issues.
Business

Nigeria’s Inflation Rate Drops to 23.18% in February 2025

KEY POINTS  Nigeria’s inflation rate dropped to 23.18% in February 2025, down from 24.48%...
Business

BIPC to Open CNG Conversion Centre in Makurdi

BIPC is set to open a CNG conversion centre at its remodeled Makurdi petrol station, providing CNG refueling and vehicle conversion services for a cleaner, cost-effective fuel alternative.
Business

NANS Rejects Telecom Tariff Hike, Threatens Nationwide Protest

KEY POINTS The governing body NANS opposes the telephone-rate growth since it creates undue...
Business

Africa’s Second-Largest City Economy is Lagos

Lagos has become Africa’s second-largest city economy, with its GDP hitting $259 billion. The state projects continued growth amid economic reforms and infrastructure investments.
Business

House of Representatives Calls for Suspension of CBN’s ATM Charges

KEY POINTS The House of Representatives has urged the CBN to suspend its planned...
Business

EFCC Lists 58 Illegal Ponzi Scheme Operators in Nigeria

The EFCC listed 58 illegal ponzi scheme operators in Nigeria, warning the public about companies not registered with CBN or SEC.
Business

NNPC Denies Terminating Crude Oil Deal with Dangote Refinery

KEY POINTS NNPC clarified that its six-month crude oil sales agreement with Dangote Refinery...
Business

Dangote Refinery Faces Trouble as NNPC Ends Naira-for-Crude Deal

NNPC ends the naira-for-crude deal, increasing costs for local refiners. Dangote Refinery adjusts while fuel prices could rise.
Business

NNPCL Ends Naira for Crude Supply to Dangote, Other Refineries

NNPCL has stopped its Naira for Crude supply to Dangote and other refineries, with discussions ongoing for a new crude agreement.
Business

NAFDAC Cracks Down on Illegal Sachet Water Production in FCT

The FCT-based illegal sachet water production facilities counted more than 40 closures after NAFDAC discovered serious hygiene breaches.
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Wike Praises Tinubu, Umahi as East West Road Opens to Traffic in Rivers Bonny Axis

KEY POINTS Wike applauds Tinubu and Umahi for opening the East West Road linking...
Business

Tinubu Hails NGX Crossing ₦100 Trillion as Investor Confidence Returns to Nigeria

KEY POINTS NGX market value has crossed ₦100 trillion, a historic first for Nigeria ...
Business

Togo, Niger, Benin Owe Nigeria $17.8 Million for Cross Border Power Supply

KEY POINTS Togo, Niger and Benin owe Nigeria a combined $17.8 million for electricity...
News

FG Orders All Airlines, Shipping Firms To Submit Manifests Through Single Window

FG mandates airlines, shipping firms to use National Single Window for cargo manifests, aiming to reduce delays and improve trade.

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