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News from Nigeria
Power outage: Eko Disco, TCN trade blame as Lagos, Ogun residents face blackout
Eko Electricity Distribution Company, EKEDC, and the Transmission Company of Nigeria, TCN, are trading blame o…
Access Bank mum as customer alleges mysterious withdrawals wipe out N3m savings
Nigeria’s leading commercial bank, Access Bank, has kept mum over the circumstances surrounding the disappeara…
Nigerians want cheaper fuel – Atiku tackles to Tinubu
The presidential candidate of the African Democratic Congress, ADC and former Vice President, Atiku Abubakar, …
Find out more as FG shares link for Nigerians, companies to submit ideas for finance bill 2027
The Federal Government seeks Nigerians’ and businesses’ input on the Finance Bill 2027, with stakeholders invi…
How the naira climbed against the dollar as external reserves rise
Naira strengthens to N1,338 against the dollar as Nigeria's external reserves rise to $53.30 billion, while pa…
How Nigerians will enjoy lower transportation costs nationwide
President Tinubu aims to cut public transport fares using CNG savings. The rollout of 500 new CNG stations wil…
FTSE Russell to reclassify Nigeria into Frontier Market status
Commenting on the development, Temi Popoola, Group Managing Director/Chief Executive Officer, NGX Group, said,…
Lagos ports record 2.39m tonnes of crude oil imports in August
Crude oil emerged as the dominant commodity handled through Lagos ports in August, with total reported imports…
Dollar to Naira exchange rate today, August 27, 2026: Naira extends appreciation against US currency
The naira continued its appreciation against the dollar at the official foreign exchange market on Thursday. D…
NUPRC Gives Julius Berger Deadline To Complete New Corporate Headquarters
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the speedy completion of its proposed head…
Bolt resumes operations at Nigerian airports after Keyamo’s intervention
The development comes after the Minister of Aviation directed FAAN to urgently address concerns over airport t…
Tinubu tells NLNG to turn gas flaring into economic benefit for Nigerians
“My major concern is the domestic utilisation, where you must be able to take out the flaring and convert pote…
FTSE Russell reclassification: Expert reveals what Nigeria must do to attract foreign investors
Financial analyst and Professor of Accounting, Godwin Oyedokun, has reacted to plans by global index provider,…
COP17: How Africa can unlock billions for land restoration — Official
She said Africa needs to move land restoration from the aid column into the investment column by developing ba…
Rising fuel imports forcing greater export focus — Dangote Refinery warns NMDPRA
The management of Dangote Petroleum Refinery and Petrochemicals, DPRP has expressed concern over the continued…
COP17: Rangeland restoration offers investors up to six-fold returns – Experts
Investing in rangeland restoration can generate returns of between $4 and $6 for every $1 invested, according …
Fayose backs FG’s new electricity tariff collection model for universities, hospitals
Chairman of the Rural Electrification Agency, REA, and former governor of Ekiti State, Ayodele Fayose, has cal…
Naira exchange rate today, August 26, 2026: Naira appreciates against dollar
The naira appreciated against the dollar in the foreign exchange market as trading resumed after the Eid-ul-Ma…
FG commissions 100 electric buses for workers, reveals date for full deployment
The FG has launched 37 electric buses as part of the Renewed Hope Mass Transit Programme, aiming to improve ci…
FG to impose new electricity tariff on universities, teaching hospitals over renewable energy – Tegbe
The Minister of Power, Joseph Tegbe, said the Federal Government plans to impose electricity tariffs on the us…
Find out more as travellers announce new fares at Lagos, Abuja airports
Nigerians arriving at Lagos airport now face transport fares of up to N30,000 as restrictions on Uber and Bolt…
ANALYSIS: COP17: Top issues dividing, shaping ongoing negotiations in Mongolia
As UNCCD COP17 enters its final days in Ulaanbaatar, Mongolia, negotiators remain divided over a proposed glob…
Dangote Refinery increases petrol price amid free delivery initiative
Dangote Refinery has raised its Premium Motor Spirit, PMS, gantry price for the second time in less than two w…
IPMAN, PETROAN reject Atiku’s fuel subsidy return plan
The Independent Petroleum Marketers Association of Nigeria, IPMAN, and the Petroleum Products Retail Outlets O…
Nigeria’s Petrol Consumption Plunges 25% As Stock Sufficiency Improves – NMDPRA
Nigeria’s daily petrol consumption plunged by 25 per cent in July 2026, even as the country’s stock sufficienc…
COP17: Africa must connect science to action to tackle land degradation — Expert
The Professor argued that Africa does not primarily lack scientific knowledge to address land degradation and …
Nigeria sets 30% stake sell-down as condition for MTN-IHS $2.2bn acquisition deal
Nigerian authorities have approved MTN Group’s $2.2 billion acquisition of IHS Towers, but outlined conditions…
NFIU uncovers how terrorist financiers use women’s bank accounts, crowdfunding in operations
The funds would then be consolidated in a master account before being split into smaller payments and transfer…
Africa largest beneficiary of GEF funding – Official
The Global Environment Facility (GEF) says Africa remains the largest regional beneficiary of its funding, rec…
Dollar to Naira exchange rate today, August 24, 2026: Naira depreciates against US currency
The naira depreciated against the United States dollar at the official foreign exchange market to begin the we…
Otedola buys 95.7 million First HoldCo shares, moves stake up 27.7%
The new share acquisition is another purchase by Mr Otedola in recent times, as the businessman has been incre…
It’s national duty to support made-in-Nigeria goods, digital infrastructure – Taiwo Oyedele
The Minister of Finance, Taiwo Oyedele, has said it is a national duty to support made-in-Nigeria goods and se…
COP17 advances $1.3bn for land restoration, puts rangelands at centre
Governments, development banks, funds and businesses at UNCCD COP17 in Mongolia have announced $1.3 billion in…
Find out more as CPPE urges FG to convert macroeconomic gains into household welfare
CPPE says Tinubu’s economic reforms have improved key indicators, but gains must translate into more jobs, hig…
Wheel defect, brake application might have caused Warri-Itakpe train derailment – NRC
Following the incident, NRC recommended comprehensive inspections and safety audits of rolling stock, tracks, …
Nigeria Eyes Fresh $21bn Investment, 175,000bpd Production From Bonga Southwest Project
Nigeria is targeting up to $21bn in investment and peak production of about 175,000 barrels per day (bpd) from…
Buying land in Lagos? 9 crucial things you must check before paying
Discover essential tips for buying land in Lagos. Understand ownership types, verify titles, and avoid fraud t…