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Tinubu Renames University of Maiduguri to Honour Late President Muhammadu Buhari

KEY POINTS President Tinubu has renamed the University of Maiduguri as Muhammadu Buhari University in honor of the late former president. Buhari, who died at 82, was praised for his incorruptibility, restraint in power, and contributions to stabilizing Nigeria's northeast. The renaming serves as...

July 18, 2025

News

Former Nigerian VP Atiku Resigns from PDP

KEY POINTS Atiku Abubakar has resigned from the PDP, citing irreconcilable differences and a shift away from founding principles. He has joined a powerful new political coalition under the ADC with Peter Obi, El-Rufai, and others. His resignation may signal the rise of a...

July 17, 2025

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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%...

March 18, 2025

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.

March 14, 2025

Business

NANS Rejects Telecom Tariff Hike, Threatens Nationwide Protest

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

March 14, 2025

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.

March 13, 2025

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...

March 12, 2025

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.

March 12, 2025

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...

March 11, 2025

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.

March 11, 2025

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.

March 11, 2025

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.

March 5, 2025

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.

March 4, 2025

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.

March 3, 2025