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Nigeria, Türkiye Sign Mining Partnership Deal to Boost Solid Minerals Sector

KEY POINTS Nigeria and Türkiye signed an MoU to strengthen cooperation in solid minerals development, mining technology, and investment. Dele Alake said ongoing reforms and crackdowns on illegal mining are improving investor confidence in Nigeria’s mining sector. Türkiye expressed readiness to expand investments in...

May 26, 2026

Business

Nigeria’s Economy Slows as GDP Growth Drops to 3.89% in Q1 2026 — NBS

KEY POINTS Nigeria’s economy grew by 3.89% in Q1 2026, according to the National Bureau of Statistics, showing a slowdown from the previous quarter. Agriculture improved significantly, while industry recorded modest gains and services remained the largest contributor to GDP at 57.73%. Despite slower...

May 26, 2026

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Business

Nigeria’s Debt Crisis: A Growing Concern

Nigeria’s rising debt and looming cash shortage paint a troubling picture for its economic future. As global pressures increase, what can be done to avert a fiscal crisis?

October 21, 2024

News

Over 20,000 Inmates Stuck Awaiting Trial in Rivers State, Commissioner Reveals

KEY POINTS The Port Harcourt facility holds over 20,000 awaiting trial. Some inmates have...

October 19, 2024

Business

Binance Executive Denied Bail in Nigeria: Implications for Crypto Regulation and the Legal Landscape

The denial of bail for Binance’s compliance chief in Nigeria, charged with money laundering, raises questions about cryptocurrency regulation and the country's legal system.

October 14, 2024

Business

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.

October 8, 2024

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Osun State on Edge Over Alleged INEC Bomb Plot

Osun State is in a state of tension following allegations of a plot to bomb the INEC office. The APC is calling for an investigation, while Governor Adeleke denies involvement and threatens legal action for defamation claims.

October 3, 2024

Business

Inflation’s Grip on Nigeria’s Airline Industry: Navigating Turbulent Skies

Nigeria's airline industry is grappling with soaring inflation, fuel costs, and declining revenues. Find out the challenges and explore potential solutions for recovery.

September 30, 2024

Society

Army Faces Backlash Over Handling of Ogunleye’s Harassment Allegations

The Nigerian Army is facing public backlash over its handling of Ruth Ogunleye's harassment allegations, with many calling for a thorough and independent investigation.

September 28, 2024

News

Nigerian Postgraduate Goes Missing After Returning from Abroad

Daniel Ogoh, a 27-year-old postgraduate student, disappeared after arriving in Lagos. His family and the police are actively searching for answers to his mysterious disappearance

September 16, 2024

News

How to Eat Healthy on a Tight Budget in Nigeria

Learn how Nigerian families can eat healthy on a budget with these simple nutrition tips, including buying local foods and choosing affordable protein options

September 13, 2024

Society

Food Prices Double, Protests Escalate: Nigeria’s Cost of Living Crisis Hits Hard

Nigeria faces its worst cost of living crisis in decades, with inflation soaring, food prices rising, and protests erupting over government reforms

September 11, 2024

News

Prophet Fufeyin Denies Misusing NAFDAC Name in Ministry

The acting pastor of Omega Fire Ministry, Prophet Fufeyin also refutes using NAFDAC as a tool to deceive Nigerians since his church is going through criticism over spiritual products

September 9, 2024

Society

Christiana Idowu Murdered Despite Ransom Payment

Christiana Idowu, a student of FUNAAB, was tragically murdered by her kidnappers despite her family paying a ransom. Authorities are investigating the case.

September 7, 2024