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Suspected Boko Haram terrorists kill 15 farmers gathering firewood in Borno’s Marte area, three still missing

Suspected Boko Haram terrorists have killed 15 farmers working their fields and gathering firewood in Marte, Borno State, with police searching for three still missing.
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N50 million each: Families of 19 abducted NYSC graduates face N950 million ransom demand

Kidnappers are demanding N950 million, or N50 million each, for 19 prospective corps members abducted on the Owerri-Onitsha Road in Imo State on Thursday.

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World Bank Approves $1.57 Billion to Boost Human Capital in Nigeria

The World Bank has approved $1.57 billion to boost human capital in Nigeria, focusing on improving healthcare for women, children, and adolescents, and enhancing climate resilience
Business

Inflation’s Grip on Nigeria’s Airline Industry: Navigating Turbulent Skies

Nigeria's airline industry is grappling with soaring inflation, fuel costs, and declining revenues. Find out the challenges and explore potential solutions for recovery.
Business

Nigeria to Cut Transport Costs by 40% with CNG Shift

Nigeria adopts CNG to reduce transport fares by 40%, aiming for cheaper, cleaner, and more reliable transportation for its citizens
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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
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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.
Business

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
Business

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
Business

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.
Business

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
Business

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
Business

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
Business

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.
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Suspected Boko Haram terrorists kill 15 farmers gathering firewood in Borno’s Marte area, three still missing

Suspected Boko Haram terrorists have killed 15 farmers working their fields and gathering firewood in Marte, Borno State, with police searching for three still missing.
News

N50 million each: Families of 19 abducted NYSC graduates face N950 million ransom demand

Kidnappers are demanding N950 million, or N50 million each, for 19 prospective corps members abducted on the Owerri-Onitsha Road in Imo State on Thursday.
News

Obidient Movement accuses APC after police scrap N20 million Obi-Kwankwaso rally in Akwa Ibom

Akwa Ibom police have canceled a two-million-man march for Peter Obi and Rabiu Kwankwaso in Uyo, with the NDC saying it lost N20 million mobilizing supporters.
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Nigerian public servants begin three-day warning strike, demand N500 petrol and new minimum wage

Nigeria's Joint National Public Service Negotiating Council has begun a three-day warning strike from Oct. 2 to 4, demanding N500 petrol and a new minimum wage.