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State police amendment clears 24 state assemblies, sending it toward Tinubu for assent

Twenty four of 36 state assemblies have approved the state police amendment, meeting the two thirds requirement and sending it to Tinubu for assent.
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Police arrest seven suspected kidnappers and recover body of Abuja victim abducted in August

Police have arrested seven suspected kidnappers in Abuja and Kaduna and recovered the body of Oluwadamilola Adedayo, abducted in Kuje in August, from the gang’s forest camp.

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Nigeria Launches Five Power Projects, Boosts National Grid Capacity

Minister Adelabu inaugurates five power projects under PPI, partnering with Siemens and Germany, to significantly improve Nigeria's electricity supply.
Business

Urgent Call for Action as Lagos Faces Maritime Safety Crisis

NIWA reports 75% of Lagos boats unseaworthy, demanding immediate action for maritime safety and stricter boat maintenance standards.
Business

CBN Clears $400 Million FX Backlog in One Week

The Central Bank of Nigeria (CBN) has cleared an additional $400 million of foreign...
Business

Naira Gains Strength as Foreign Reserves Grow**

The Nigerian currency, the naira, has appreciated against the US dollar in the parallel...
Business

Telecoms FDI Plunges $322.8M in Nigeria, NBS Reports Decline

In 2023, Nigeria's telecom sector faced a significant FDI decrease of $322.8 million, reflecting challenges in attracting foreign investments for the country's digital infrastructure, NBS data reveals.
Business

Nigeria May Import Cement to Curb Price Hike

    Nigeria’s government has warned that it may resort to importing cement if the local...
Business

Strategic Moves Ahead as Banks Gear Up for a $1 Trillion

Nigerian banks set to navigate a transformative recapitalization journey, aligning with CBN's vision for a robust $1 trillion economy.
Business

Nigerian Breweries Plunges into Loss as Naira Crashes

Nigerian Breweries Plc, the country’s leading beer maker, posted a net loss of N106.3...
Business

IMF Boosts Nigeria with $65 Billion Amid Rising Food Crisis

The IMF allocates $65 billion to Nigeria, spotlighting the urgent need for subsidy reforms amidst escalating food insecurity affecting millions.
Business

Tinubu Vows to Revolutionize Agriculture for Nigeria’s Self-Sufficiency in Food Production

President Tinubu commits to transforming Nigeria's agriculture to achieve food self-sufficiency and boost economic growth through strategic investments.
Business

Access Holdings Plc to Appoint Acting CEO After Wigwe’s Tragic Demise

Access Holdings Plc responds to CEO Herbert Wigwe's tragic demise, plans seamless leadership transition with appointment of interim CEO.
Business

Airlines Face Collapse as Aviation Fuel Hits N1,300 Per Litre

Airlines face crisis as aviation fuel prices hit record highs, prompting calls for urgent government action to prevent industry collapse.
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State police amendment clears 24 state assemblies, sending it toward Tinubu for assent

Twenty four of 36 state assemblies have approved the state police amendment, meeting the two thirds requirement and sending it to Tinubu for assent.
News

Police arrest seven suspected kidnappers and recover body of Abuja victim abducted in August

Police have arrested seven suspected kidnappers in Abuja and Kaduna and recovered the body of Oluwadamilola Adedayo, abducted in Kuje in August, from the gang’s forest camp.
News

Access, UBA, Fidelity H1 Results Stuck as CBN Steps Up Scrutiny of Banks’ Asset-Quality

The publication of audited Half-Year (H1) 2026 financial statements for top Tier-1 and Tier-2...
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Nigeria Arrests 2 Suspects in Global Cybercrime Sweep Tied to $2.4 Million Fraud

Nigerian authorities arrested two cybercrime suspects in an INTERPOL-coordinated operation, one linked to an investment scam that moved more than $2.4 million, the agency said.