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Fuel prices may fall as oil drops on US-Iran talks

Nigerian fuel prices could fall in the coming days as global crude tumbles on hopes of a US-Iran deal to reopen the Strait of Hormuz.
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FG cancels $717.7m World Bank loan for power

Nigeria has cancelled $717.7m in undisbursed World Bank loan financing for its power sector, after the 2023 currency float upended the programme's reform targets.

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IGP Urges Court to Dismiss El-Rufai’s N1bn Rights Violation Suit

KEY POINTS The IGP has asked a Federal High Court in Abuja to dismiss...
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Tony Elumelu Foundation Adds Three Global Names to Board

The Tony Elumelu Foundation has named UAE Special Envoy Badr Jafar, former IKEA Foundation CEO Per Heggenes, and Harvard professor Paul Gompers to its advisory board.
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Nigeria Launches itSMF Chapter to Lift IT Standards

Nigeria has joined the global IT service management community with the launch of itSMF Nigeria, a professional forum aimed at improving how technology services are delivered nationwide.
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Safety tips for Nigerians trapped in Iran as Middle East conflict escalates

Growing Middle East strikes raise fears for Nigerians in Iran, as safety advice and evacuation calls emerge amid escalating conflict.
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New report says Tinubu’s economic reforms have worsened cost of living for many Nigerians

A new report says economic reforms under President Tinubu raised living costs, leaving many Nigerian households and businesses struggling.
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Nigerian Students Win Funding at AfriVatech Research Pitch

Seven young Nigerian researchers showcased technology solutions for African challenges at the AfriVatech iResearch Fellowship Grand Pitch, with Tife Kerry emerging overall winner.
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Nigeria’s Single Window Trade Platform Launches March 27

Nigeria's National Single Window Initiative is set to go live March 27, with the Secretariat wrapping up a nationwide stakeholder sensitisation tour across three cities.
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Illegal mining turns deadly in Plateau as bandit attacks, mine collapses claim lives

Illegal mining in Plateau exposes youths to bandit attacks, deadly mine collapses and growing insecurity across rural communities.
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Makinde support group urges Wike allies to return to PDP mainstream amid leadership crisis

A Makinde support group calls on Wike-backed PDP members to return to mainstream leadership as reconciliation efforts gather momentum.
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Cardoso: Nigeria’s Economy Can Take Middle East Shocks

CBN Governor Olayemi Cardoso says two years of reforms have positioned Nigeria to withstand shocks from the US-Iran conflict, with reserves now above $50 billion.
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Fear Spreads in Ondo’s Akure North as Kidnappers Target Farmers, Residents Flee Homes

Rising kidnappings and shootings in Ondo’s Akure North force residents to flee homes as authorities promise tougher action against criminals.
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Boko Haram Suspects Attack Borno Settlement, Kill Herder and Rustle 1,400 Sheep

Suspected Boko Haram fighters attacked a nomadic settlement in Borno, killing one herder, injuring another and rustling about 1,400 sheep.
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Fuel prices may fall as oil drops on US-Iran talks

Nigerian fuel prices could fall in the coming days as global crude tumbles on hopes of a US-Iran deal to reopen the Strait of Hormuz.
News

FG cancels $717.7m World Bank loan for power

Nigeria has cancelled $717.7m in undisbursed World Bank loan financing for its power sector, after the 2023 currency float upended the programme's reform targets.
News

Capital importation jumps 182 percent to $3.52 Billion

Nigeria's capital importation jumped 182% to $3.52bn in January, driven almost entirely by foreign portfolio investment, while foreign direct investment collapsed by 80 percent.
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Insurers to reject claims over NIN linkage default

Nigerian insurers will reject claims from policyholders who failed to link their NIN to their policies before the April 30 deadline, the Insurers Committee has said.