First Female NUPRC Chief Eyesan Drives Upstream Reforms

Chief Mrs. Oritsemeyiwa Eyesan makes history as the first woman to lead Nigeria's upstream oil regulator. Discover her strategic vision for boosting production, gas monetisation, and transparency to attract investment and secure Nigeria's energy future.

UN Warns of Famine in Northern Nigeria

The UN warns 55 million in West and Central Africa face acute food insecurity, with 15,000 in Borno, Nigeria, one step from famine. Violence and aid cuts are to blame. Urgent funding is needed.

Naira Rallies to N1,418/$ in Official and Parallel Markets

The Nigerian Naira recorded significant gains against the US Dollar on January 15, 2026, closing at N1,419.28 officially. This rally, driven by improved forex supply and a positive 4.49% GDP forecast, signals growing economic confidence. Read the full ana

Air India A350 Engine Damaged at Delhi Airport

An Air India Airbus A350's engine ingested a cargo container while taxiing in dense fog at Delhi airport. All 240 passengers are safe, but the aircraft is grounded as the DGCA launches an investigation into ground safety lapses. Read the full report.

Nigerian loses Upwork job over power, installs solar

A Nigerian remote worker lost a lucrative Upwork job paying $10/hour after a week-long power outage. She has now installed a solar power system to secure future opportunities. Read her story and reactions.

23 Banks Meet CBN Capital Target, 3 to Merge

Nigeria's banking sector consolidates as 23 banks meet new CBN capital requirements. Access, Zenith lead. Three banks set to merge ahead of March 2026 deadline. Full details inside.

Nigeria imported 1.31B litres of petrol in Dec 2025

NMDPRA data reveals Nigeria imported over 1.3 billion litres of petrol in December 2025, even as Dangote Refinery supplied 992 million litres. Discover the details of the festive season supply surge and the ongoing price war.

SEC Increases Capital Base for Market Operators

Nigeria's SEC has significantly raised the minimum capital for capital market operators, with issuing houses now requiring N7bn. The deadline for compliance is June 2027. Read more on the new policy.

Makoko Demolitions Displace Thousands in Lagos

Lagos state demolitions in Makoko floating slum have left over 30,000 homeless. Critics accuse the government of land grabbing for real estate. Read the full report on the human cost.

LAPO MfB Appoints Edward Aghimien to Board

LAPO Microfinance Bank appoints seasoned economist Edward Aghimien as Non-Executive Director. His 40+ years of experience in FMCG and business development will bolster the bank's governance and financial inclusion goals. Read more.

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