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Bauchi Lawmaker Mohammed Wanzam Zaki Dies

KEY POINTS • Bauchi lawmaker Mohammed Wanzam Zaki died after a brief illness. • The late legislator chaired the House Committee on Budget and Appropriation and represented Sakwa Constituency. • Governor Bala Mohammed and Speaker Abubakar Sulaiman described his death as a great loss to the state. Mohammed...
Politics

APC’s Faduyile Wins Ondo South Senatorial By-Election

KEY POINTS • Dayo Faduyile of the APC has won the Ondo South Senatorial by-election. • He secured 68,474 votes, defeating other candidates by a large margin. • INEC says the election will help improve preparations for the 2027 general elections. The Independent National Electoral Commission (INEC) has...

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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.
Business

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
Business

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
Business

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
Business

Nigeria Officially Embraces Cryptocurrency, Grants Approvals to Operators

Nigeria grants official approvals to crypto operators, marking a significant shift in its financial operations.
Business

NUPRC Blocks Shell’s $1.3 Billion Onshore Asset Sale to Renaissance

NUPRC blocks Shell's asset sale to Renaissance, raising questions about compliance and environmental concerns in Nigeria's oil sector.
Business

Leaked Documents Reveal Seyi Tinubu Co-Owned Offshore Company with Chagoury

Leaked documents reveal Seyi Tinubu co-owned an offshore company with Ronald Chagoury Jr., sparking concerns over a $13 billion contract.
Business

Tinubu Committee and Dangote Refinery Agree on September Petrol Rollout

Nigeria's government and Dangote Refinery agree on September petrol rollout, shifting crude oil sales to naira.
Business

NNPC Pledges 221,000 BPD to Finance $6.6 Billion Debt

NNPC pledges 221,000 bpd to service a $6.6 billion debt, aiming to stabilize Nigeria’s energy sector and meet financial obligations.
Business

Nigeria to Issue $500M Bond as Capital Importation Data Awaits Release

Nigeria will auction its first $500 million domestic dollar bond as the NBS prepares its Q2 2024 capital importation report.
Business

Nigeria’s Inflation Slows for the First Time in 19 Months

Nigeria’s inflation rate slows after 19 months of increase, offering brief relief but ongoing economic challenges remain.
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News

Bauchi Lawmaker Mohammed Wanzam Zaki Dies

KEY POINTS • Bauchi lawmaker Mohammed Wanzam Zaki died after a brief illness. • The late...
Politics

APC’s Faduyile Wins Ondo South Senatorial By-Election

KEY POINTS • Dayo Faduyile of the APC has won the Ondo South Senatorial by-election. •...
News

NDLEA Arrests Two Elderly Men Over Alleged Drug Sales to Students in Abia

KEY POINTS • NDLEA arrested two elderly men, aged 84 and 75, over alleged drug...
News

Mob Kills Woman Accused of Child Theft in Kaduna

KEY POINTS • An angry mob killed a woman accused of child theft in Maraban...