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Government, Dangote Refinery Set to Reform Petrol Distribution

The Nigerian government and Dangote Refinery are advancing plans to reform the country’s petrol distribution system and remove subsidies

Nigeria’s Central Bank to Automate FX Trades from December

The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.

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Fintech Firms to Resume Customer Enrollment After Regulatory Pause

Nigerian fintech companies will be allowed to resume enrolling new customers in a few months, according to the Central Bank of Nigeria (CBN). The CBN had suspended new customer onboarding in April to address concerns about money laundering.

Food Import Bill Hits $2.13 Billion Over Flooding, Insecurity

In 2023, Nigeria's food import costs soared to $2.13 billion, driven by severe flooding and increasing insecurity, challenging efforts to enhance local agricultural production.

Nigeria Loses $6 Billion Oil Investment to Angola Amid Policy Issues

TotalEnergies diverts $6 billion oil investment from Nigeria to Angola due to policy inconsistencies and security concerns in Nigeria.

25,000 Jobs: CNG Initiative a Game-Changer for Employment, Says Labor Minister

Nigeria's CNG initiative, lauded by Labor Minister Simon Lalong, is expected to create 25,000 jobs, driving economic growth and sustainability.

Obaseki Targets 40,000 Votes in Oredo, Cites Record of Success

Governor Obaseki sets ambitious vote targets in Oredo, utilizing his administration's success as a foundation for PDP's victory in the upcoming gubernatorial election.

Man City Wins Historic Fourth Consecutive Premier League Title

Manchester City has set a new record with their fourth consecutive Premier League title, showcasing dominance under Pep Guardiola's leadership against Arsenal.

NLC Rejects N100,000 Wage Offer Amid Economic Pressure

The NLC dismisses government's N100,000 wage proposal as insufficient amid rising living costs and economic challenges in Nigeria.

Nigeria and Egypt Anticipate Key Rate Decisions

Nigeria and Egypt face critical rate decisions amid economic challenges, as UBA and FCMB hold AGMs to discuss growth strategies and performance.

Labour Party Seeks Nullification of Imo Governorship Election

Senator Athan Achonu argues for the annulment of Imo’s recent election, spotlighting violence and irregularities that could lead to a judicially mandated rerun.

Lawyer-Turned-Travel Entrepreneur Thrives in Business

Chioma Onuoha, a Nigerian lawyer turned travel entrepreneur, leverages her legal background to navigate the complexities of the travel industry and achieve business success.

Senators Criticize Wasteful N2.9 Trillion Electricity Subsidy

Lawmakers and CSOs decry N2.9 trillion spent on electricity subsidies as wasteful, with little improvement in power quality.

I’m Ready to Support Obi in 2027 Election – Atiku

Atiku Abubakar pledges support for Peter Obi in the 2027 elections, signaling potential PDP and Labour Party merger.

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Government, Dangote Refinery Set to Reform Petrol Distribution

The Nigerian government and Dangote Refinery are advancing plans to reform the country’s petrol distribution system and remove subsidies

Nigeria’s Central Bank to Automate FX Trades from December

The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.

Nigerian Student Breaks Record for Longest Catwalk

Ololade Ayelabola sets a new world record for the longest catwalk, covering 130.62km to elevate Nigeria's fashion industry on the global stage.

Nigeria Pledges 25% Cut in Post-Harvest Losses for Food Security

Nigeria commits to reducing post-harvest losses by 25%, boosting food security and jobs through the Special Agro-Industrial Processing Zones initiative.