NiMet Warns of Thunderstorms, Flooding Across Nigeria June 7
NiMet forecasts thunderstorms across Nigeria on June 7, 2026, with flooding risks and reduced visibility. Residents and motorists urged to take safety precautions.
Category : Business
Energy Marketers Adjust Petrol, Diesel Prices in Nigeria
Depot owners in Nigeria reduced petrol and diesel prices in Lagos, Warri, and Port Harcourt in early June 2026, reflecting global crude oil price changes and competition.
CBN Fines Banks N100m for Undocumented FX Transactions
The Central Bank of Nigeria has introduced a N100 million penalty on banks for processing undocumented forex transactions, along with stricter penalties for reporting breaches and FX limit violations.
DStv Removes EasyView Package from Website Amid Canal+ Restructuring
DStv's cheapest package, EasyView, disappears from its website, sparking confusion. Canal+ confirms it's still available via WhatsApp and call centres. Showmax shut down amid restructuring.
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Petrol Landing Cost Crashes Over N100, Below Dangote Price
Imported petrol landing cost in Nigeria falls to N1,117 per litre, undercutting Dangote Refinery's N1,250 price, as global crude oil prices decline.
NERC Launches Net Billing 2026 for Renewable Energy Growth
NERC announces Net Billing Regulations 2026 to promote renewable energy, enhance energy security, and enable prosumers to sell excess power to the grid.
Soludo Pledges to Revive Nnewi as Anambra's Industrial Hub
Anambra Governor Charles Soludo reaffirms commitment to restoring Nnewi's industrial status through urban renewal, inspecting abandoned projects and planning developments.
FG Flags Off Gombe-Biu-Maiduguri Highway Reconstruction
The federal government has officially flagged off the reconstruction of the Gombe-Biu-Maiduguri highway, a strategic road that has suffered decades of neglect despite multiple contract awards.
Dangote Refinery Hits 700,000 bpd, Exceeds Nameplate Capacity
Dangote Petroleum Refinery increases crude processing to 700,000 barrels per day, surpassing its 650,000 bpd nameplate capacity, with plans to reach 1.4 million bpd by 2028.
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NRC May Review Fares as Operating Costs Surge
The Nigerian Railway Corporation may adjust passenger and freight fares due to soaring operational costs, including diesel, maintenance, and security expenses.
Nigeria mulls refinancing costly debts to cover budget gap
Nigeria's finance minister says the government plans to refinance expensive debt and raise funds for development, citing favorable market conditions and improved investor confidence.
Nigeria Gets Multiple Funding Offers, Minister Says
Nigeria has received multiple funding offers from investors and institutional lenders, Finance Minister Taiwo Oyedele announced, citing favorable market conditions for debt refinancing and development funding.
Zenith Bank Marks World Environment Day with Lagos Clean-Up
Zenith Bank Plc celebrated World Environment Day 2026 with a two-phase clean-up in Lagos, including street and waterways clean-ups, reinforcing its commitment to sustainability and ESG principles.
Soaring Food Prices in Enugu: Tomatoes, Pepper, Crayfish
Residents and sellers in Enugu express concern over high costs of tomatoes, pepper, and crayfish, attributing it to off-season and high transport costs.
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Reps Hail Dangote Refinery 700,000bpd Milestone
House of Representatives committee praises Dangote Refinery for achieving 700,000 bpd crude processing, calling it a major milestone for Nigeria's energy sector and industrial potential.
MTN CEO: Nigeria Data Among World's Cheapest
MTN Nigeria CEO Karl Toriola defends data costs, stating Nigeria remains among the four cheapest globally despite a 50% tariff increase approved in 2025.
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Enugu double-decker bus stranded in floodwater sparks debate
A viral video shows Enugu's new double-decker bus stranded in floodwaters on Nsukka Road, igniting debate over infrastructure priorities and drainage issues.
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FG Opens Airtime Borrowing to More Companies
The Federal Government has deregulated Nigeria's airtime credit market, ending an exclusive deal with a foreign firm and allowing more companies to offer borrowing services.
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Nigeria Among 60 Nations in US Forced Labour Probe
Nigeria is among 60 economies facing possible US tariffs over forced labour concerns. Washington proposes 12.5% tariff on some exports if approved.
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Sahara Foundation Opens Recycling Hub in Masaka, Nasarawa
Sahara Group Foundation commissions Go Recycling Hub in Masaka, Nasarawa State, expanding structured recycling to Northern Nigeria in partnership with NASWAMSA.
NIEE Calls for Stronger Flood and Waste Management Action
The Nigerian Institution of Environmental Engineers calls for urgent measures to tackle flooding, poor waste management, and climate change effects in Nigeria's urban areas.
MTN commits N1tn to network upgrade, says 100% service impossible
MTN Nigeria pledges N1 trillion for 2026 network upgrades, admits 100% service quality is unrealistic, and addresses data transparency concerns at a stakeholder forum.
MTN commits N1tn to network upgrade, says 100% service unrealistic
MTN Nigeria pledges N1 trillion in 2026 for network upgrades, but admits 100% service quality is impossible due to environmental challenges and infrastructure vandalism.
UAE Suspends Visas for 3 African Nations Over Ebola
The UAE suspends new visas for nationals of DR Congo, Uganda, and South Sudan due to Ebola concerns, effective immediately.
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Goje Commends Tinubu for Gombe-Biu Highway Approval
Senator Danjuma Goje praises President Tinubu for approving N1.245 trillion Gombe-Biu highway reconstruction, urging support for APC in 2027.
OpinionMarket Launches Nigeria's First Prediction Market
OpinionMarket launches as Nigeria's first mainstream prediction market, letting users trade on real-world events like sports and elections with blockchain transparency.
Ndume Applauds N1.245tr Gombe-Biu Highway Project
Senator Ali Ndume commends President Tinubu for approving the N1.245 trillion Gombe-Biu highway reconstruction, highlighting its economic and security benefits for the Northeast region.
LCU Charges Students on Entrepreneurship, Self-Reliance
Lead City University, Ibadan, has charged students to embrace entrepreneurship and self-reliance as tools for personal and national growth at the 14th POISE 2026 event.
FCCPC Expands Airtime Credit List Despite Court Order
The FCCPC has approved four new airtime credit operators, expanding the list to nine, despite a court injunction and its own suspension of the licensing framework.
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Man Spent N4.5m on Solar Inverter, Warns Against Fake Panels
A Nigerian man revealed spending N4.5 million on a 16kVA solar inverter setup, cautioning others against fake solar panels and industry scams.
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