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INEC holds meeting over recall of Kogi senator

INEC discusses Kogi senator Akpoti-Uduaghan's recall amid legal and constituent challenges, with the senator denying any apology to the Senate
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Gunmen Abduct Catholic Priest Ubaechu in Imo State

KEY POINTS Reverend Father John Ubaechu was kidnapped while traveling to a priests' retreat, continuing a pattern of clergy abductions in Nigeria's southeast. The Catholic Church has called for prayers but faces difficult decisions regarding ransom negotiations amid rising attacks. Security forces struggle to...

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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.
Business

NNPCL, Dangote Price Reduction Brings Relief to Retailers

NNPCL Retail Ltd together with Dangote Refinery decreased PMS costs thereby providing relief to Nigerians at the same time they established a retailer refund plan.
Business

Customs, CBN Partner to Automate FX Transactions in Trade

The Nigeria Customs Service along with the CBN dedicates efforts to automate foreign exchange transactions as well as trade facilitation while raising revenue collecting capabilities.
Business

Lagos Levies Disrupt LPG Supply As Marketers Warn Of Scarcity

Lagos state levies create disruptions in the supply capabilities of the Dangote Refinery leading to concerns about an imminent cooking gas shortage throughout the country.
Business

CBN Directs Banks to Publish Dormant Accounts

All banks must use national publications to disclose both dormant accounts and unclaimed balances according to CBN regulations.
Business

Cadbury Reports N10.4billion Loss for 2024

N10.4billion remained the reported operating deficit for Cadbury Nigeria during 2024 because of its successful revenue expansion.
Business

MTN, Transcorp Power Propel Stock Market’s Weekly Gains

The NGX ASI shows growth of 1.2 percent through its first week of February marking the start of year-end earnings reporting.
Business

Nigeria’s Inflation Set to Decline to 26 percent in 2025 – PwC

According to PwC projections for 2025 Nigeria's inflation rate should reach 26% while GDP growth remains modest and exchange rates stabilize.
Business

SEC Warns All Nigerians Investing Through Risevest, Stecs

Regulatory authorities from the SEC issued warnings to Nigerians about the risky investment schemes operated by unlicensed cryptocurrency platforms Risevest and Stecs.
Business

Increased Telecom Rates Are Needed To Help The Industry Expand

Telecom executives explain increasing tariffs to fuel industry expansion, keep services working, and help empower customers move to digital ways.
Business

The Gig Economy in Nigeria: Opportunities and Challenges for Freelancers

Nigeria's gig economy empowers freelancers with income opportunities, skill development, and independence, while challenges like earnings volatility and digital gaps persist.
Business

IIF Board Chairman Aigbogun Named to Boost Impact Investment

Ishmael and Hassan join NABII with Frank Aigbogun as they become IIF Board Chair and further strengthen Nigeria’s impact investment ecosystem.
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News

INEC holds meeting over recall of Kogi senator

INEC discusses Kogi senator Akpoti-Uduaghan's recall amid legal and constituent challenges, with the senator denying any apology to the Senate
News

Gunmen Abduct Catholic Priest Ubaechu in Imo State

KEY POINTS Reverend Father John Ubaechu was kidnapped while traveling to a priests' retreat,...
News

Diaspora NIN enrollments surge by 307.88%

Nigerian diaspora NIN enrollments surged by 307.88%, as the government boosts efforts to digitally capture citizens worldwide in a central database
News

12 Inmates Escape Kogi Prison Facility, Five Recaptured

KEY POINTS 12 inmates escaped Koton Karfe prison through compromised cell locks, marking the facility’s...

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