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Breaking News: World Press Freedom Day: SERAP, NGE, Calls For Immediate Stop To Enforcement Of Cyber Crimes Act, 2015  House Of Representative Minority Caucus Urges Prayers For Peace, Unity Patrick Doyle Bags Lifetime Achievement Award Curtsey CMC Gladiators
  • China To Double Support For Unfinished Housing Projects

    The move, whichChina revealed, would be conducive to absorbing the existing stock of commercial housing.

    Updated : 14th May 2025 01:40 PM
  • FG To Begin Crude Oil Sales In Naira 

    Key roles were outlined for stakeholders, including the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA),  and the Central Bank of Nigeria (CBN).

    Updated : 14th May 2025 01:40 PM
  • Food Prices Crash In Yobe, Borno, Adamawa

    A bag of Okro which was sold at N50,000 within the period under review, now goes for N25,000.

    Updated : 14th May 2025 01:40 PM
  • UN - Africa’s Sovereign Debt Surpasses $1TN

    It revealed that over a third of African nations are either in or at high risk of debt distress.

    Updated : 14th May 2025 01:40 PM
  • FG Accuses Chinese Firm Of ‘Fraudulent’ Attempt To Strip Nigeria’s Assets

    In 2007, the foreign firm signed a contract with the Ogun State government to manage a free-trade zone but the contract was revoked by the state government in 2015.

    Updated : 14th May 2025 01:40 PM
  • DisCos – Band A Customers Paying Lowest Electricity Tariff In West Africa

    The hike in electricity tariff made headlines earlier in the year when the government said it would stop subsidising power for some customers.

    Updated : 14th May 2025 01:40 PM
  • Alake — Forensic Audit Of Mining Sector Underway

    The Minister said it will assist in monitoring activities at mining sites and consequently bolster our capacity to effectively secure the mining environment.

    Updated : 14th May 2025 01:40 PM
  • UK Economy Declines In Q2 

    Gross Domestic Product expands by 0.7 percent in the first quarter of 2024.

    Updated : 14th May 2025 01:40 PM
  • CBN Raises Interest Rate To 26.25%

    As of April, Nigeria’s inflation rate had risen to 33.69 per cent.

    Updated : 14th May 2025 01:40 PM
  • Lagos Boat Operators Seek Deployment Of More Marine Police

    The Association of Tourist Boat Operators and Water Transport of Nigeria urged the state government to privatise jetties across the state for proper management and operations.

    Updated : 14th May 2025 01:40 PM
  • NLC, TUC Give May Deadline For Electricity Tariff Hike Reversal

    The development marked the removal of subsidy from the tariff of customers in the Band A category, who constituted about 15 per cent of the total 12.82 million power consumers across the country.

    Updated : 14th May 2025 01:40 PM
  • Reps Tells Cement Manufacturers To Desist From Stalling Probe

    The committee therefore added that the persistent absence of the cement manufacturers who the Committee had summoned twice, is an affront to the powers of the National Assembly as enshrined in section 88 of the 1999 Constitution.

    Updated : 14th May 2025 01:40 PM
  • Labour Agrees To Attend Tuesday Talks

    The Union says the Federal Government's proposed N48,000 falls significantly short of meeting the needs and aspirations of its memebers.

    Updated : 14th May 2025 01:40 PM
  • Police, Soldiers Take Over Banex Plaza After Clash In Abuja

    Phone dealers gang up and overpowered the unidentified soldiers, which lead to the takeover.

    Updated : 14th May 2025 01:40 PM
  • Senate Committee Chairman Sets Record Straight On Cybersecurity Levy

    The Committee says the levy is provided for in the Cybercrimes (Prohibition, Prevention, etc) (Amendment) Act, 2024.

    Updated : 14th May 2025 01:40 PM
  • IMF Urges Nigeria To Regulate Crypto Trading Platforms

    This move aligns with global efforts to standardise cryptocurrency regulations and prevent illicit activities.

    Updated : 14th May 2025 01:40 PM
  • FG To Ban Naira From Crypto Trading Platforms

    The development came against the backdrop of the recent moves by the Federal Government to regulate Nigeria’s crypto market estimated at $57bn.

    Updated : 14th May 2025 01:40 PM
  • Union Threaten To Cut Tomato Supply To Lagos, Days After Ile-Epo Clash

    The association says it is already in touch with its legal team over available legal remedies, in the event of unfavourable responses from the government.

    Updated : 14th May 2025 01:40 PM
  • Court Adjourns Money Laundering Suit Against Binance Executive 

    On April 23, the Federal High Court Abuja after listening to the arguments between the prosecution counsel and that of Gambaryan fixed May 17 to rule on his request.

    Updated : 14th May 2025 01:40 PM
  • EU Chief Announces $1B In Aid For Lebanon To Shore Up Stability

    President Von der Leyen  made this known during a joint press conference with Lebanese Prime Minister Najib Mikati and Cypriot President Nikos Christodoulides in Beirut. 

    Updated : 14th May 2025 01:40 PM
  • US Federal Reserve Keeps Interest Rates High

    The Fed said it does not expect to lower rates until it has greater confidence that inflation is moving sustainably towards its target.

    Updated : 14th May 2025 01:40 PM
  • Dangote Crashes Diesel Price To ₦1,000 Per Litre

    Last week, Africa’s richest man and the owner of the refinery, Aliko Dangote, said Nigerians should expect a drop in inflation.

    Updated : 14th May 2025 01:40 PM
  • IMF Reviews Nigeria’s Inflation Rate To 23% By 2025

    The development comes following the fund’s 2023 prediction, that the country’s inflation rate for 2025 would slow to 15.5 per cent by 2025.

    Updated : 13th May 2025 07:42 PM
  • Lagos Court Grants Emefiele N50M Bail

    He also maintained that the bail documents must be transferred to the special offences court and registered in the LSBMS.

    Updated : 13th May 2025 07:42 PM
  • OPEC - Nigeria’s Oil Production Drops Again, Now 1.23MBPD

    During the review period, 53 illegal pipeline connections and 36 illegal refineries were uncovered in the Niger Delta.

    Updated : 14th May 2025 09:14 AM
  • Lagos Suspends Market Activities In Central Areas After Fire Incident 

    Areas affected include Dosumu, Nnamdi Azikwe, Moshalashi, Woro Pedro, Obanikoro. Others are Ago Tawa, Idumagbo Avenue, Idumagbo, Ido-Oluwo and Oju Olobun.

    Updated : 14th May 2025 01:49 PM
  • Emefiele Arrives Lagos Court For Arraignment

    EFCC alleged that Emefiele abused his office between 2022 and 2023 in Lagos.

    Updated : 14th May 2025 01:29 PM
  • Zimbabwe Unveils New Gold-Backed Currency

    Zimbabweans have 21 days to convert their old cash into new money.

    Updated : 14th May 2025 03:27 AM
  • Yellen Warns China Industrial Subsidies Pose Risk To World Economy

    US Treasury Secretary Janet Yellen raises American concerns about the impact of China’s “industrial overcapacity” on the global market as she meets with the governor of the southern Chinese city of Guangdong, Wang Weizhong.

    Updated : 13th May 2025 07:42 PM
  • Arraignment Of Binance Executive Stalled

    The second defendant, Mark Mordi, says that his client was not an agent, director or representative of the company in the country and as such could not be serve on behalf of the first defeandant.

    Updated : 13th May 2025 07:42 PM
  • Binance - Detained Employee Not Part Of Management

    The Economic and Financial Crimes Commission will arraign Binance Holdings Limited, Gambaryan, and Anjarwalla on Thursday on charges of $35,400,000 money laundering.

    Updated : 13th May 2025 07:42 PM
  • Electricity Tariff Hike Imminent As Nigerian Government Raises Gas Price

     The announcement was signed by the Chief Executive, NMDPRA, Farouk Ahmed.

    Updated : 14th May 2025 04:06 AM
  • NBS - Electricity Consumers Increase To 12.12M In Q4 2023

    The reveiw by NBS focuses on energy billed, revenue generated, and customers by DISCOS under the reviewed period.

    Updated : 14th May 2025 12:07 PM
  • FG To Transport Crude Oil Via Trucks

    Reports have it that Nigeria loses trillions of naira to crude oil theft and pipeline vandalism annually, a development that made the government consider virtual means of transporting the commodity.

    Updated : 14th May 2025 01:57 AM
  • Shoppers Flood Market, Express Satisfaction At Ounje Eko

    Reporters who visiited two locations in Eti-Osa Local Government Area of the state, revealed that shoppers were trooping to buy food items at discounted prices.

    Updated : 13th May 2025 07:42 PM
  • CBN Raises Bank’s Capital Requirement To N200BN

    The apex bank also increased capital requirements for banks with regional licences from N15 billion to N50 billion, and those with international licences from N100 billion to N500 billion.

    Updated : 13th May 2025 07:55 PM
  • NDPC Probes 400 Cases Of Privacy Breach In Online Loan Applications

    Cases of data privacy breaches have become prevalent in recent times due to the proliferation of digital lending platforms.

    Updated : 13th May 2025 07:42 PM
  • Detained Binance Executive Escapes From Custody

    Reports have it that authorities are also working to unravel his intended destination to get him back into custody.

    Updated : 13th May 2025 07:42 PM
  • Niger Republic Opens Land Border With Nigeria

    Kamba is a strategic border with a major share in Kebbi State revenue generation.

    Updated : 14th May 2025 11:27 AM
  • FG Considers Powering NRC Locomotives With Gas

    FG expresses optimism that this transition could lead to more effective, efficient, and possibly cheaper rail services for Nigerians, especially in the wake of the recent removal of fuel subsidies.

    Updated : 13th May 2025 07:42 PM
  • Reps To Question Top Government Officials Over Ports Concessions 

    The lawmaker lamented the absence of the top government officials to explain their role in the concession of the seaport terminals.

    Updated : 13th May 2025 07:42 PM
  • Binance Executives Can’t Attend N’Assembly Hearing – Lawyer

    On Monday, the executives of the foreign firm were expected to appear before the House Committee on Financial Crimes but they instead sent their lawyers to represent them.

    Updated : 14th May 2025 11:53 AM
  • ECOWAS Laments Low Trade Volume Among Member States

    Touray had in November, urged West African states to safeguard democracy and to restore the region as the bastion of democracy in Africa.

    Updated : 13th May 2025 07:42 PM
  • FCTA Demolishes Illegal Shanties, Structures In Wuse

    Deputy Director Operations, Directorate of Road Traffic Services, Mrs Deborah Osho, says motorists and BDC operators cause gridlock in the area.

    Updated : 13th May 2025 07:42 PM
  • Nigerian Entrepreneurs Adjust Operations To Remain In Business

    Businesses move to maintain operations following subsidy removal

    Updated : 14th May 2025 01:40 PM
  • Nigeria Postal Service Generates N3.01bn In 2022

    It revealed that the total number of boxes installed in 2022 was 836,731, indicating a decline of 0.08 percent from 837,428 recorded in 2021.

    Updated : 13th May 2025 07:42 PM
  • Tinubu Lauds $14B New Investment Pledges At Nigeria-India Economic Roundtable

    Tinubu woos Indian businessmen to Nigeria

    Updated : 14th May 2025 01:40 PM
  • Universal Music Group, Deezer Agree On Better Remuneration For Artists

    UMG, Deezer target fourth quarter 2023 for start of deal

    Updated : 14th May 2025 01:40 PM
  • Chinese Yuan Weakens To 7. 1969 Against Dollar

    The China Foreign Exchange Trade System revealed that Yuan weakened against Dollar on Wednesday.

    Updated : 14th May 2025 12:18 PM
  • Manufacturers Say F.G’s N75b To Sector Small, Want Support For Industrialists

    Industrialists react to palliative measures to Manufacturing sector by the Nigerian Government

    Updated : 14th May 2025 01:40 PM
  • Lagos Blue Line Rail Begins Commercial Operations

    Lagos Governor Sanwo-olu and other passengers were first set of passengers as Lagos Rail began commercial operations

    Updated : 14th May 2025 01:40 PM
  • NSA – Nigeria Still Losing 400,000 Barrels Of Crude Oil Daily

    Malam Nuhu Ribadu talked about how Nigeria keeps losing crude oil to thieves daily.

    Updated : 14th May 2025 12:19 PM
  • Naira Ends Week On Negative Note

    Naira again depreciated at the Investors and Exporters window.

    Updated : 13th May 2025 07:42 PM
  • Shettima - Nigeria Committed To Collaborating With China, African countries 

    Vice President, Kashim Shettima reiterated Nigeria's commitment to collaborating with African countries and China.

    Updated : 13th May 2025 07:42 PM
  • PM Modi Meets Greek Counterpart Kyriakos Mitsotakis In Athens

    Greek PM Mitsotakis welcomed Indian counterpart Modi on official visit.

    Updated : 13th May 2025 07:42 PM
  • Chinese Yuan Strengthens To 7. 1886 Against Dollar

    Yuan, strengthened 102 to 7.1886 against the dollar on Thursday

    Updated : 13th May 2025 07:42 PM
  • China Halts All Japanese Seafood Imports Over 'Selfish' Fukushima Release

    China condemned Japan's 'unilaterally and forcibly' release of wastewater.

    Updated : 13th May 2025 07:42 PM
  • Uk Inflation Falls Sharply For Second Month

    UK Inflation rate dropped to 6.8% in July from June 7.9%

    Updated : 14th May 2025 01:40 PM
  • FG Distributes Inputs To 180 Livestock Farmers In Kaduna

    Federal Government distributed relief materials to Livestock Farmers In Kaduna. The farmers were affected by natural disaster in 2022.

    Updated : 13th May 2025 07:42 PM
  • Nigeria's Inflation Rate Raises To 24.08 %

    Inflation rate in Nigeria increased to 24.08% in July fuels by high exchange rate, high fuel price

    Updated : 13th May 2025 07:42 PM
  • CBN Moves To Stop Naira Free Fall

    CBN announced new measures that would help strengthen the Naira.

    Updated : 14th May 2025 11:25 AM
  • Alibaba Records $32.29 Billion As First Quarter Revenue

    The figure was boosted by improved consumer sentiment towards purchases

    Updated : 13th May 2025 07:42 PM
  • Lagos Residents React To Nigerian Government's Plan To Assist Businesses

    Nigerians want government to address High exchange rate, open nation’s borders

    Updated : 14th May 2025 01:40 PM
  • NNPC, NIPCO Partner To Deliver CNG To Nigerians

    NNPC, NIPCO promised to provide cheap alternative fuel to motorists.

    Updated : 14th May 2025 01:49 PM
  • China To Remove Tariffs On Australian Barley As Ties Improve

    China agreed on a deal with Australia.

    Updated : 14th May 2025 09:45 AM
  • Lagosians Call For Proper Implementation Of Palliative Measures

    Lagos residents speak on palliative measures announced by government

    Updated : 14th May 2025 01:40 PM
  • FG Begins Distribution Of Farm Inputs To Farmers 

    Federal Government has announced the distribution of farm inputs to farmers.

    Updated : 13th May 2025 07:42 PM
  • Chinese Yuan Strengthens To 7.1283 Against Dollar

    The China Foreign Exchange Trade System revealed that Yuan strengthened against Dollar on Tuesday.

    Updated : 14th May 2025 12:54 PM
  • Naira Appreciates, Exchanges At N756.94 At Investors, Exporters Window

    Naira Appreciates, Exchanges At N756.94 At Investors, Exporters Window.

    Updated : 13th May 2025 07:42 PM
  • Currency In Circulation Hits N2.26tn, Says CBN

    CBN revealed the state of the Naira.

    Updated : 13th May 2025 07:42 PM
  • Kano Anti-Graft Agency Trails Over N4bN Missing In KASCO

    Investigation has begun over the missing funds from Kano Agriculture Supply Company.

    Updated : 13th May 2025 07:42 PM
  • NIS To Tighten Security At Marine Borders

    The Acting Comptroller General NIS, Caroline Adepoju during a visit to the Akwa Ibom command of the service said there is need to secure the nation's borders

    Updated : 14th May 2025 12:46 PM
  • Naira Gains, Exchanges N740.08 To Dollar

    Naira again appreciated against the dollar on Wednesday.

    Updated : 13th May 2025 07:42 PM
  • Naira Slightly Gains 0.08% At Investors, Exporters Window

    Naira again appreciates against the dollar on Tuesday

    Updated : 12th May 2025 04:17 AM
  • Sanwo-Olu Projects Badagry Port To Begin Operation By 2025

    Gov. Babajide Sanwo-Olu said the planned Badagry Port might be ready by 2025.

    Updated : 14th May 2025 08:24 AM
  • Virgin Media O2 To Cut Jobs In UK

    The telecom group plans to cut up to 2000 jobs

    Updated : 11th May 2025 11:00 PM
  • Asset Sale, Higher Prices Lift Unilever Profit

    The consumer goods giant PAT increased to 3.54 billion euros in the first 6 months of the year.

    Updated : 12th May 2025 11:33 PM
  • Twitter Replaces Bird Logo With X

    Musk rebrands Twitter, plans platform to move into payment, banking and commerce later.

    Updated : 14th May 2025 01:40 PM
  • Ryanair Announces Increase in Quarterly Profit

    Irish airline records €170m in second Quarter

    Updated : 13th May 2025 12:36 PM
  • Russia Hikes Key Rate For First Time Since 2022

    Russian Central Bank has hiked interest rate to address weakening Ruble

    Updated : 13th May 2025 08:40 AM
  • Macron Tells Cabinet Draw Lessons From Recent Riots

    President Macron has Demanded 'Sound Answers' After Riots Shook France.

    Updated : 12th May 2025 12:20 PM
  • Volvo Cars See Better Sales Despite High Inflation

    Swedish automaker predicts double-digit sales for 2023 despite high inflation and rising interest rates

    Updated : 13th May 2025 07:37 AM
  • F.G To Sanction Trade Associations Over Food Price Hike

    The Nigerian Government, has revealed plans to roll out sanctions against defaulting members of trade associations in a bid to stem high cost of food.

    Updated : 12th May 2025 04:16 AM
  • NNPC Market Realities Responsible For Increase In Petrol Price

    NNPCL Boss gives reasons for increase in pump price of petrol

    Updated : 11th May 2025 09:24 PM
  • Fuel Price Hits N617/Litre In Abuja

    Fuel price adjusted to 617/ litre at NNPCL filling Stations

    Updated : 12th May 2025 07:52 AM
  • Non-Oil Sector Records Slight Decrease In Six Months

    Nigerian Export Promotion Council has said Nigeria’s non-oil sector recorded a slight decrease in the exports valu

    Updated : 12th May 2025 08:57 AM
  • POS Operators Begin Implementation Of New Service Charge Monday

    The Association of Mobile Money and Bank Agents in Nigeria claims that the current economic climate has not made them rethink their intentions to implement the new framework beginning next Monday.

    Updated : 12th May 2025 07:41 AM
  • Naira Dips, Exchanges At N803.90 At Investors, Exporters Window

    Naira on Friday depreciated against the dollar.

    Updated : 13th May 2025 02:30 AM
  • Beijing Says Germany's New China Strategy To Result In Risks

    China has revealed that Germany’s approach with China, would increase risk.

    Updated : 13th May 2025 10:04 PM
  • UK Government Offers Public Sector Workers Around A Six Percent Pay Rise

    More than one million public sector workers, including teachers, police and doctors, have been offered pay rises of between 5%-7%, the government says.

    Updated : 14th May 2025 05:05 AM
  • CBN- Nigerians Can Now Receive Diaspora Remittances In Naira

    Additionally, CBN has mandated that in ascertaining the rate for such a naira payout, the foreign exchange rate from the investors and exporters (I&E) window be used.

    Updated : 14th May 2025 12:39 PM
  • Crisis-Hit Pakistan Strikes $3BN IMF Bailout Deal

    Pakistan has reached a staff-level agreement with the International Monetary Fund.

    Updated : 14th May 2025 01:15 AM
  • Sri Lanka Unveils Debt Restructure To Tackle Economic Crisis

    Sri Lanka's central bank unveils a far-reaching debt restructuring plan.

    Updated : 13th May 2025 07:44 PM
  • CBN Floats Naira At Investors’ Forex Window

    CBN orders Deposit Money Banks to remove the rate cap on the naira.

    Updated : 11th May 2025 03:25 PM
  • DSS Confirms Arrest Of Suspended CBN Governor, Godwin Emefiele

    Department of State Services Says Emefiele In Custody

    Updated : 11th May 2025 04:28 PM
  • President Tinubu Suspends Emefiele As Central Bank Governor

    CBN Governor To Step Aside For Probe Of Office

    Updated : 12th May 2025 03:43 AM
  • Fuel Hike Bites Hard Into Nigeria's Growing Gig Economy

    Nigeria's Fuel Price Increment Will Significantly Affect Country's Expanding Gig Economy And Remote Work Sector

    Updated : 14th May 2025 02:17 PM
  • UK Inflation Rate Eases, As Food Prices Stay High

    United Kingdom Food Prices Sweeps Forward At A Higher Rate.

    Updated : 12th May 2025 05:06 AM
  • WhatsApp Now Allows Users To Edit Messages Within 15 Minutes

    WhatsApp Finally Rolls Out A Much-Requested Feature To Edit Messages After Sending Them

    Updated : 13th May 2025 04:16 PM
  • What You Should Know About NCC's Harmonised Short Codes

    The NCC Introduces Harmonised Shortcodes To Ease Service Delivery For Over 200 Million Telecom Customers In Nigeria

    Updated : 14th May 2025 09:16 AM
  • MTN Adopts NCC Harmonised Short Codes, Changes Airtime Recharge And Data Bundles Subscription

    Approved Harmonised Short Codes, HSC, Comes Into Effect As Telcos Begin Adoption.

    Updated : 14th May 2025 09:42 AM
  • Banks Pump More Naira Notes Into Circulation, Cash Crunch Expected To Ease Soon

    The CBN Releases More Money Into The Economy As Nigerians Begin To See Some Changes

    Updated : 14th May 2025 09:04 AM
  • Saudi State-Owned Oil Giant Aramco Marks Record Profit Of $161BN

    Saudi Aramco Records Profit For 2022.

    Updated : 13th May 2025 06:46 PM
  • Regulators Take Over 16th US Largest Bank SVB

    US Regulators Have Shut Down Silicon Valley Bank.

    Updated : 13th May 2025 08:29 AM
  • NBS – Crude Oil Sales Rise By 46%

    Nigeria’s Crude Oil Sales Rose By 46.41 Per Cent.

    Updated : 14th May 2025 01:53 PM

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