Naira Slips N3.15 Against US Dollar in Official Market
The naira weakened slightly against the US dollar in the official market, closing at N1,375.46/$1. It also fell against the pound and euro. Analysts expect continued CBN intervention.
Category : Business
EU, ActionAid Unveil $2.5m Social Protection Project in Nigeria
The EU and ActionAid Nigeria have launched a $2.5 million project to strengthen social protection systems in 96 local government areas across four states, targeting 126,000 people.
Navy Vows Adaptable, Resilient, Tech-Based Operations
The Nigerian Navy commits to adaptability, resilience, and technology in maritime security, as CNS Idi Abbas speaks at 70th anniversary interdenominational service in Calabar.
FRSC Urges Patience on Abuja–Kaduna Highway for Eid-el-Kabir
FRSC advises motorists to remain patient on the Abuja–Kaduna Highway due to Eid-el-Kabir congestion and road construction. Alternative routes and nationwide patrols with 30,000 personnel deployed.
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NCAA Suspends Services to 11 Nigerian Airlines Over Debts
The Nigerian Civil Aviation Authority suspends services to 11 domestic airlines, including Air Peace and Ibom Air, over unpaid regulatory debts totaling over N10 billion.
CPPE Defends Dangote Refinery Amid Monopoly Concerns
The Centre for the Promotion of Private Enterprise (CPPE) defends Dangote Refinery against monopoly claims, arguing it corrects decades of fuel import dependency and supports local refining.
Niger State Woos Dangote Group for Bida Basin Oil Exploration
Niger State calls on Dangote Group to explore crude oil at Bida Basin, offering minimal stake in JV-PPP partnership to boost investment.
Nigeria, RwandAir Partner to Boost Exports Under AfCFTA
Nigeria partners RwandAir to slash cargo rates by over 80% per kg, expanding AfCFTA air corridor to Kigali, Harare, Lusaka from June 2026.
NRC Warns of Railway Vandalism, Expands Train Services
NRC raises alarm over coordinated railway vandalism in Plateau and Bauchi, while adding extra Lagos-Ibadan train services for Sallah celebrations.
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CBN New BVN Rules: Group Warns of Bank Access Loss
Digicivic Initiative warns that CBN's new BVN phone number rules could lock out rural dwellers, students, and low-income Nigerians from bank accounts, urging a flexible policy.
USSD Glitches Hit Nigerian Banks Over New Airtime Rule
Millions of Nigerians face USSD banking disruptions due to a new airtime requirement and stricter fraud measures, causing transaction failures and frustration.
Official Customer Care Lines for Nigerian Banks and Fintechs 2026
Access verified customer care numbers for Nigerian banks and fintechs in 2026. Avoid scams and protect your finances with official contacts.
Senator Barau Distributes 53,040 Fertiliser Bags for Food Security
Deputy Senate President Barau I. Jibrin distributes 53,040 bags of fertiliser to farmers in Kano North Senatorial District to enhance food security ahead of farming season.
Nigeria hospitality future in experience-led infrastructure
Joe Enobong, founder of Gemba Hotels, says Nigeria's hospitality industry must focus on experience-led infrastructure combining luxury, wellness, creativity, and culture.
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Rabiu Explains High Cement Costs in Nigeria
Billionaire Abdul Samad Rabiu cites forex pressures, energy costs, and transportation as reasons cement prices exceed N12,000 per bag in Nigeria.
Lagos, Ogun, Enugu Dominate IGR Rankings in Nigeria
Lagos, Ogun, and Enugu top Nigeria's IGR rankings in Q1 2026, showcasing economic growth and tax reforms as states reduce dependence on federal allocations.
NNPC Cuts Petrol Prices as Depot Rates Fall
Several NNPC filling stations in Lagos reduce petrol prices to between N1,300 and N1,315 per litre, following depot rate cuts across Nigeria.
Man Installs N2.2 Million Solar System, Shares Experience
A Nigerian man bought a 2.5kVA solar system for N2.2 million after frustrations with generator costs. He paid a 50% deposit and now enjoys stable power for his appliances.
Lagos Govt, Diageo Urge More Investment in Hospitality, Skills
Lagos State Government and Diageo call for increased investment in hospitality and skills training to boost jobs and tourism revenue, as 300 youth graduate from Learning for Life programme.
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Africa Needs $2.8 Trillion by 2030 for Climate Fight
A new report by Harrison Rehoboth Consulting reveals Africa requires $2.8 trillion by 2030 to combat climate change, with current funding far below the needed threshold.
LASWA Removes 120 Damaged Life Jackets in Safety Drive
LASWA intensifies safety enforcement, removing 120 damaged life jackets from Lagos ferry terminals to reduce accidents and ensure passenger safety.
TCN Seeks Edo Support Against Power Infrastructure Vandalism
TCN appeals to Edo State Government and communities to protect power infrastructure from vandalism, citing financial losses and disruptions. Ongoing projects highlighted.
UN warns 35 million Nigerians face acute hunger by June 2026
The UN warns that 35 million Nigerians could face acute hunger between June and August 2026 due to insecurity, inflation, and food shortages, with northern states hardest hit.
REAN, NEMSA Partner on Renewable Energy Safety Standards
REAN and NEMSA sign an MoU to enhance safety standards, regulatory compliance, and capacity building in Nigeria's renewable energy sector, aiming to reduce substandard practices.
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Stakeholders Back FG's Deep-Seaport Approvals, Predict 500k Jobs
Stakeholders in Nigeria's blue economy welcome federal government approval of five deep-seaports, projecting 500,000 jobs and eased logistics bottlenecks.
Ex-Corps Member Goes Viral with 1kV Solar Power Station
A former corps member's solar power station photos go viral on X, showcasing his 1kV system and readiness for tech jobs, ending power and network issues.
6 Appliances Draining Your Inverter Lithium Battery Fast
A solar expert in Nigeria identifies six home appliances that quickly drain inverter lithium batteries, advising afternoon use for some.
Cooking Gas Prices Hit N1,600/kg as Depots Run Dry
Cooking gas prices surge to N1,600 per kg in Nigeria amid supply shortages. Dangote and others adjust rates. Families turn to charcoal as hardship deepens.
Ram prices hit ₦700,000 in Kano ahead of Eid-el-Kabir
Ram prices in Kano have reached ₦700,000 as economic hardship and high costs keep buyers away from livestock markets ahead of Eid-el-Kabir.
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NEDC Donates Digital Equipment, Trolleys to Northeast Airports
The North East Development Commission has donated digital broadcasting equipment and 130 trolleys to FRCN and six airports in the Northeast to support rebuilding after insurgency.
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