News

Independent petroleum marketers have rejected Dangote Refinery's decision to price fuel in US dollars, warning that the move could increase foreign exchange pressure and make petrol prices more volatile. PETROAN and IPMAN argue that domestic fuel should continue...

The Sultan of Sokoto has declared Thursday, July 16, 2026, as the first day of Safar 1448AH after the new crescent moon was not sighted across Nigeria. Muharram 1448AH will complete its full 30-day cycle, with Wednesday, July...

Ishaku Abbo claims each serving senator now receives over ₦2 billion annually for constituency projects, up from ₦220 million during his tenure. Former senator says he delivered more infrastructure and empowerment projects with smaller allocations than his successor...

French President Emmanuel Macron will undertake a state visit to Nigeria later this year in a move aimed at strengthening bilateral relations with President Bola Tinubu. Both leaders are expected to review progress on agreements reached during Tinubu's...

Nigeria, Ghana, and Côte d'Ivoire are forming a historic alliance to stop exporting cheap raw beans and take control of their own supply. By acting together, these nations want to break the power of global chocolate brands that...

The Federal Government has begun reviewing a proposal by China Hyway Group to deliver 10,000 homes across Nigeria within 30 months using prefabricated construction technology. The proposed development will be financed under an Engineering, Procurement, Construction and Financing...

GTBank has emerged as Nigeria's Best Overall Performing Bank in The Banker's Top 1000 World Banks Rankings 2026, securing top positions in overall performance, efficiency and financial soundness. The ranking comes as Nigerian banks navigate a more demanding...

The Nigerian stock market recovered ₦720 billion in investor wealth on Tuesday as bargain hunting returned after Monday’s broad sell-off, pushing market capitalisation back to ₦155.849 trillion. First Holdco climbed 9.98 percent to lead the banking sector rally,...

President Donald Trump announces that the Strait of Hormuz will remain open to all international commercial shipping, with only vessels travelling to and from Iranian ports subject to a U.S.-enforced blockade. U.S. abandons its proposed 20% reimbursement fee...

Senate accuses Governor Seyi Makinde of politicising Nigeria's security challenges over his call for a UN probe into the Oyo school abduction. Lawmakers caution the governor against statements capable of undermining ongoing counter-terrorism operations and reject international intervention. ...