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NIMASA gets Tinubu nod to disburse $25m Cabotage fund

President Tinubu has cleared NIMASA to begin disbursing the $25 million Cabotage Vessel Financing Fund, which officials say will unlock shipowner financing and 30,000 jobs.
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Troops rescue 13 kidnapped Benue bus passengers including UTME candidates from forest

Nigerian Army troops have rescued 13 passengers kidnapped from a Benue Links commercial bus, including eight UTME candidates, from a forest in Ohimini Local Government Area.

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Presidency Sets N12.2bn For Travel In 2026 As State House Budget Hits N43.2bn

The 2026 budget shows heavy travel spending by the Presidency, with the State House allocation rising to N43.2 billion.
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Why Africa’s Push For Visa-Free Travel Is Gaining Momentum

Advocacy for visa-free Africa grows as leaders, experts, and youth push freer movement to boost trade, jobs, and continental unity.
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Zenith Bank Rally Lifts Jim Ovia’s Stake by $18.5 Million

A steady rally in Zenith Bank shares has increased the value of founder Jim Ovia’s stake by $18.5 million as investors favor dividend-paying lenders.
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Nigeria Allocates ₦822 Billion to Digital Economy Over Six Years

Nigeria spent more than ₦822 billion on its digital economy ministry over six years, with sharp swings in funding and capital projects dominating allocations.
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Wike Praises Tinubu, Umahi as East West Road Opens to Traffic in Rivers Bonny Axis

KEY POINTS Wike applauds Tinubu and Umahi for opening the East West Road linking...
Business

Tinubu Hails NGX Crossing ₦100 Trillion as Investor Confidence Returns to Nigeria

KEY POINTS NGX market value has crossed ₦100 trillion, a historic first for Nigeria ...
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FG Orders All Airlines, Shipping Firms To Submit Manifests Through Single Window

FG mandates airlines, shipping firms to use National Single Window for cargo manifests, aiming to reduce delays and improve trade.
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Ogun Residents Petition Governor Over Harmful Quarry Operations in Isara Remo

Isara Remo residents petition Ogun governor over quarries destroying roads, farmland, and air quality, urging strict regulation and oversight.
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Dangote Refinery Sells Petrol Directly To Marketers After Depot Deal Fails

Dangote cuts petrol price, sells directly to independent marketers after depot deal fails, aiming to ease fuel supply issues.
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Obi Warns 141 Million Nigerians Live In Poverty As Politicians Focus On Power

Peter Obi warns poverty is rising fast in Nigeria as politicians chase power and national football players remain unpaid.
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Datti Baba Ahmed Declares 2027 Presidential Bid

KEY POINTS Datti Baba Ahmed announced his 2027 presidential ambition at the Labour Party...
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Nigeria Posts N12 Trillion Trade Surplus As Non-Oil Exports Soar

Nigeria posts N12 trillion trade surplus in H1 2025 as non-oil exports rise 21% and Special Economic Zones create jobs.
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NIMASA gets Tinubu nod to disburse $25m Cabotage fund

President Tinubu has cleared NIMASA to begin disbursing the $25 million Cabotage Vessel Financing Fund, which officials say will unlock shipowner financing and 30,000 jobs.
News

Troops rescue 13 kidnapped Benue bus passengers including UTME candidates from forest

Nigerian Army troops have rescued 13 passengers kidnapped from a Benue Links commercial bus, including eight UTME candidates, from a forest in Ohimini Local Government Area.
Business

Nigeria exports 55.39m barrels as Dangote chases feedstock

Nigeria exported 55.39 million barrels in the first two months of 2026 as the Dangote refinery scrambled for feedstock and leaned on imported crude.
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NDLEA finds cocaine hidden in food flasks at Lagos airport, arrests three suspects

NDLEA operatives found 2.80 kilograms of cocaine hidden in the false bottom of food flasks bound for the United Kingdom from Lagos airport.