News

‘Don’t Drive Under Heavy Rain’ – NiMet Tells Motorists, Asks Airlines to Get Weather Reports For Flight Documentation

The agency, in its weather outlook released on Sunday, also advised members of the public to take precautions against hazards associated with thunderstorms, including strong winds, falling branches and flying objects.

Chinese Firm Plans Power, Energy Equipment Industrial Park in Nigeria

The proposal emerged during a high-level meeting between the Minister of Power, Joseph Tegbe, and TBEA executives at the company’s headquarters in Beijing.

Nigeria’s Raw Materials Exports Jump 106 Percent to N3.84tn in H1

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The figure rose from N1.86 trillion in H1 2025, reflecting a significant increase in the value of agricultural, mineral and other raw materials shipped out of the country.

‘I Am Sorry, My Daddy’- Desmond Elliot Kneels in Viral Video, Begs Gbajabiamila for Forgiveness

Elliot, who represents Surulere Constituency I, is seen in the video making an emotional plea to Gbajabiamila, whom he regards as his political mentor, as he seeks reconciliation and a return to the Lagos APC political family.

Return of Petrol Subsidy Could Cost Nigeria N19.16tn Annually – CPPE

The Centre for the Promotion of Private Enterprise estimates that restoring universal petrol subsidy could cost the government N19.16tn annually The think tank warns that the potential N52.5bn daily bill could crowd out spending on infrastructure, healthcare CPPE...

Dangote Refinery Opens N2.15tn IPO, Targets Wider Nigerian Ownership

The offer comprises 4.1 billion new ordinary shares priced at N525 each, according to a statement issued by the company on Sunday. The minimum subscription is 10 shares, costing N5,250.

Nigeria Meets OPEC Target, Falls Short of Budget Benchmark as Crude Production Rises 0.4% to 1.68m bpd in August

A statement issued by the Head of Media and Corporate Communications at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Eniola Akinkuotu, said the August figure represented a 0.4 per cent increase from the previous month.

Time to Rewrite Rules of Global Governance, Finance – Nigeria Tells BRICS

Nigeria has called on the BRICS bloc to lead a fundamental rethink of the global governance architecture and international financial system, declaring that the rules governing the world order must be rewritten to reflect contemporary economic and demographic realities.

Hormuz On The Brink: Iran-Gulf Talks Collapse as Crude Prices Surge Over 3% to $108.23

The development triggered a fresh surge in crude prices, with Brent crude futures jumping $3.62, or 3.46 per cent, to $108.23 per barrel as of 2214 GMT, while US West Texas Intermediate (WTI) futures rose $3.15, or 3.15 per cent, to $103.20 per barrel.

10 Financial Market Stories You Should Know Before Trading This Week

Last week was a reminder that financial markets rarely move because of one story.