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Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.
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“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.

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Nigerian Banks Embrace CBN Recapitalization with Confidence

The ACAMB has confidently backed the CBN's bank recapitalization plan, ensuring stakeholders that Nigerian banks are secure and poised for robust economic support.
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Tinubu Set to Attend Senegalese President’s Inauguration

In a gesture underscoring diplomatic relations and regional cooperation, Nigerian political heavyweight Bola Tinubu...
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Israeli Forces Exit Gaza’s Biggest Hospital

Israeli forces concluded their two-week operation at Al-Shifa, the largest hospital in Gaza, leaving...
Business

13 Banks to Raise N3.31 Trillion, CBN Sets New Capital Rules

In response to CBN's updated capital requirements, Nigerian banks are tasked with raising N3.31 trillion, aiming to bolster financial resilience and support economic growth.
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Nigeria Wastes Gas Equivalent to Powering 4 Million Homes Amid Power Outages

LAGOS – Nigeria, Africa’s largest economy, is burning off vast quantities of natural gas...
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Nigerian Drug Bust Nets Traffickers, NDLEA Rejects Bribe Attempt

The National Drug Law Enforcement Agency (NDLEA) of Nigeria has had a busy week,...
Society

Online Shopping Scams: A Growing Threat in Nigeria

Fraudulent online sellers are undermining Nigeria's e-commerce, deceiving buyers and tarnishing genuine retailers. Learn how to spot and avoid these scams.
News

Why CBN Excluded Retained Earnings in Its Recapitalization Terms

In a move aimed at bolstering the stability of Nigeria's banking sector, the Central...
News

Ebonyi PDP Rebuilds After Defections, Vows Stronger Return

Ebonyi PDP Unfazed by Departures, Emphasizes Rebuilding and Re-strategizing The Peoples Democratic Party (PDP) chapter...
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Kebbi Governor Calls for Review of Revenue Sharing Formula

Governor Nasir Idris of Kebbi state has reignited the national conversation on Nigerian federalism,...
Business

Nigerian Stocks Surge, Banking Sector Leads with N4.4 Trillion Gain

Stock investors in Nigeria saw a N4.4 trillion gain in March, led by the banking sector, amid economic reforms and turbulence in the foreign exchange market.
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NCC’s Firm Stance: Unverified SIMs to be Disconnected

In a bid to enhance security, NCC confirms barring of unverified SIMs. This move aims to deter criminal activities by ensuring all SIMs are properly registered.
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Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.
News

“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.
News

Dangote refinery cuts off petrol sales to fuel importers over “blending” of Euro-5 product with imported grades

Dangote Petroleum Refinery has stopped selling petrol to marketers who import fuel, accusing them of blending its Euro-5 product with lower-quality imported grades.
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Lionel Messi plays final Argentina match tonight against Benin after 21 years, 207 caps and 125 goals

Lionel Messi will play his final match for Argentina on Tuesday in a friendly against Benin at Buenos Aires' Estadio Monumental, ending a 21-year international career.