President Bola Tinubu has appointed Professor Shu'aibu Aliyu as the new PTDF Executive Secretary and renewed Engineer Sule Abdulaziz's tenure as TCN CEO, emphasizing commitment to Nigeria's energy sector development.
Petrol prices have decreased at NNPC Limited outlets and other filling stations across Nigeria, offering relief to motorists. The reduction is linked to global crude oil price fluctuations influenced by US-Iran tensions and Dangote Refinery's price cuts.
Nigeria's stock market soared as the NGX All-Share Index crossed 200,000 points, with investors gaining N2 trillion in a day, driven by strong demand and sector-wide gains.
The Nigeria Labour Congress disrupted AEDC operations, protesting the dismissal of 900 workers. NLC President Joe Ajaero accused the company of deceit and gave a 48-hour ultimatum for recall, threatening power supply disruptions in the FCT.
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Nigeria's economy expanded for the 16th consecutive month in March 2026, but at a slower pace, with the CBN's PMI at 53.2 points. Key sectors like industry and agriculture grew, though cost pressures rose, impacting profit margins.
Korean DJ Jin Seoul Music expresses surprise at seeing cows freely roaming on a Kaduna expressway, sharing videos of her unique Nigerian experience.
The Nigerian Railway Corporation has expanded train services nationwide for Easter, adding extra trips on the Lagos-Ibadan corridor and offering free travel between Lagos and Osogbo.
The Central Bank of Nigeria has officially concluded its 24-month bank recapitalisation programme, with Nigerian banks raising ₦4.65 trillion. Simultaneously, the regulator has launched a pilot programme to monitor cryptocurrency transactions involving si
The Central Bank of Nigeria has published new data showing a widespread reduction in savings deposit interest rates across Nigerian banks, with many now offering 7.95% annually, down from earlier rates, as the monetary policy rate adjustment influences re
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The Federal Government has launched the SON-NADDC Vehicle Conformity Assessment Programme (VehCAP) to ensure only safe, compliant vehicles enter Nigeria, shifting from reactive to preventive regulation.
Nigerian fuel marketers are resuming sales as global crude oil prices drop below $100 per barrel, potentially leading to short-term petrol price reductions at the pump amid market uncertainty.
Zedcrest Group has named Luke Ofojebe, CFA, as its new Chief Investment Officer to enhance investment management and client advisory services, following his successful tenure at Zedcrest Wealth.
High fuel prices are accelerating electric vehicle adoption in Nigeria, with experts highlighting lower running costs and innovative financing as key factors reshaping transport choices for households and businesses.
Niger Delta groups are in conflict over decentralizing pipeline surveillance contracts, with some demanding broader inclusion while others support existing contractors.
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Coscharis Group has reaffirmed its commitment to delivering consistent value to stakeholders following its annual board strategy retreat in Lagos. Directors reviewed performance and mapped priorities for the coming year, focusing on execution, governance,
The Standards Organisation of Nigeria (SON) has partnered with the Welding Federation and Specialised Fabrication Equipment to promote orbital welding innovations, aiming to enhance manufacturing standards in food, beverage, and other sectors.
President Bola Tinubu has approved the construction of a second runway at Nnamdi Azikiwe International Airport, Abuja. Aviation Minister Festus Keyamo announced this at the Nigeria Aircraft Acquisition and Investment Summit in Lagos.
Aviation expert Chris Aligbe criticizes Minister Festus Keyamo's plan to concession airport access gate services, arguing it exceeds ministry authority and should be managed by FAAN under service agreements.
The National Pension Commission has abolished age restrictions on personal pension plans, allowing Nigerians from birth to start saving for retirement, aiming to boost financial inclusion and long-term capital formation.
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FCMB Capital Markets Limited raised N1.53 trillion in corporate debt capital through bond listings and commercial paper quotations on FMDQ Securities Exchange in 2025, securing the top spot on the exchange's Fixed Income Primary Markets Sponsors' League T
The Nigeria Immigration Service will transfer three Ghanaian stowaways arrested by the Nigerian Navy to the Ghanaian Embassy following proper judicial procedures after they were found in a ship's rudder compartment.
Zedcrest Group has appointed Luke Ofojebe as its Chief Investment Officer to enhance investment management capabilities and drive growth in financial solutions.
The Nigeria Corporate Governance Outlook 2026 calls for boards to enhance ESG integration, digital risk oversight, and succession planning to boost economic resilience and investor confidence.
Lagos transport union leaders have pledged full commitment to the reintroduced environmental sanitation exercise, agreeing to halt commercial vehicle operations from 6:30am to 8:30am on the last Saturday of each month.
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The Central Bank of Nigeria has concluded its two-year bank recapitalization program, with institutions raising N4.65 trillion. Simultaneously, the CBN initiated a supervisory pilot for six virtual asset service providers to enhance financial oversight.
Indian High Commissioner Abhishek Singh reaffirms commitment to boosting bilateral trade with Nigeria, focusing on mining and steel sectors during a visit to key industrial facilities in Kaduna and Niger States.
The Nigeria Content Development and Management Board has introduced a digital portal to enhance transparency and competitiveness in Nigeria's oil and gas industry by simplifying compliance processes.
Providus Bank's Head of Strategy, Ernest Elue, explains the bank's sponsorship of the NCF Women's Invitational Cricket Tournament, citing alignment with values like resilience and team spirit, and noting the sport's growing popularity in Nigeria.
Bayelsa State's 60MW gas-fired power plant is set for inauguration by President Tinubu, while Oyo State unveils a plan to boost electricity supply to 300MW by 2027 to drive economic growth.
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The Presidency asserts that Nigeria's naira-for-crude policy is safeguarding the nation from severe fuel supply disruptions caused by the ongoing Middle East crisis, ensuring steady petroleum products and reducing forex pressures.
