News

Market capitalisation declined by ₦440 billion, from ₦155.417 trillion at the opening to ₦154.977 trillion at the close. The NGX All-Share Index fell by 712.67 points, from 240,750.47 to 240,037.80, a 0.30 percent decline. Market breadth remained negative,...

Former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has unveiled a new petroleum subsidy model that would shift government support from imported fuel to crude supplied to qualifying Nigerian refineries. Under the proposed Atiku...

NAPTIP has uncovered a suspected child trafficking network in Rivers State, sealing an illegal maternity facility in Port Harcourt and arresting three persons allegedly connected to the procurement, sale and unlawful transfer of children. The agency said a...

Chevron Nigeria’s Jim Swartz joins the NESG board, bringing more than three decades of experience in energy operations, investment and executive leadership.

Official figures from the National Bureau of Statistics indicate Nigeria’s energy inflation dropped to 4.37 percent in July, hitting a four-month low. A brief decline in international crude oil benchmarks permitted the Dangote Refinery to reduce its wholesale...

Former Imo State Governor, Rochas Okorocha, has approached the Federal High Court seeking to nullify the Independent National Electoral Commission’s publication of Governor Hope Uzodinma as the APC candidate for the 2027 Imo West Senatorial District election. Okorocha...

On October 1, 2026, Meta will begin charging companies for every single message sent on the WhatsApp API, killing the free 24-hour reply window. Across Africa, where WhatsApp effectively functions as the default internet, this change turns basic...

JAMB has clarified that candidates below 16 years of age can sit for the Unified Tertiary Matriculation Examination (UTME), but they will be classified as underage candidates under the current admission policy. The examination body said the September...

Former Military President, Ibrahim Babangida, says the late Head of State, Sani Abacha, was his “best friend” until his death, despite widespread belief that they were enemies. Babangida says he and Abacha knew Nigerians considered them rivals but...

A foreign TV programme mocked Nigeria over its unfinished projects, but the criticism struck a nerve with Ibrahim Babangida. After becoming military president, Babangida made the stalled Third Mainland Bridge a top priority in a bid to prove...