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Nestoil Founder Faces Pressure As Appeal Stalls

A fight over who represents Nestoil and Neconde in court has delayed a major appeal and increased pressure on founder Ernest Azudialu-Obiejesi

Wike Says Defected Rivers Lawmakers Free To Leave PDP

Wike says Rivers lawmakers who left the PDP acted within their rights and that his camp will work with those who remain loyal

Nigeria’s Central Bank Doubles Down on Inflation Fight

Nigerians are feeling the pinch of rising prices, and the Central Bank is taking decisive action. Governor Dr. Olayemi Cardoso reaffirmed the Monetary Policy Committee's (MPC) commitment to keeping interest rates high to combat inflation. This comes after two significant interest rate hikes in 2024, pushing the benchmark lending rate to a record 24.75%.

Supreme Court Extends Validity of Old and New Naira Notes

Nigeria's Supreme Court has ruled in favor of the indefinite legal tender status of both old and new naira notes, impacting the nation's economy.

JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria

JP Morgan, a renowned global financial services company, has made a prediction that the...

Nigeria Faces Naira Pressure, IMF Offers Loan Option

Nigeria’s currency, the naira, is under pressure and the country could seek a loan...

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Nestoil Founder Faces Pressure As Appeal Stalls

A fight over who represents Nestoil and Neconde in court has delayed a major appeal and increased pressure on founder Ernest Azudialu-Obiejesi

Wike Says Defected Rivers Lawmakers Free To Leave PDP

Wike says Rivers lawmakers who left the PDP acted within their rights and that his camp will work with those who remain loyal

Seplat Energy Boosts Output After Replacing Key Offshore Unit

Seplat Energy has completed a major inlet gas exchanger upgrade offshore Nigeria, boosting NGL output and strengthening its 2025 operational performance.

NAFDAC Gains Full Membership in Global Drug Body

NAFDAC has secured full ICH membership, placing Nigeria among top global regulators and strengthening access to high-quality, safe and effective medicines.