Business

Concerns as NNPCL seeks fresh $2bn crude-for-cash loan amid fuel scarcity

The Nigerian National Petroleum Company Limited, NNPCL, is planning to secure a fresh $2 billion oil-backed prepayment loan amid fuel scarcity in the country. This is according to a report…

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NDLEA Arrests Mexican Drug Kingpin, Dismantles Meth Lab in Ebonyi

The National Drug Law Enforcement Agency (NDLEA) has arrested a suspected Mexican drug kingpin and…

LoveWorld Raises Concerns Over Sexuality Education in Nigerian Schools

The LoveWorld Ministry of Information has raised concerns over the content of Nigeria’s educational curriculum,…

FG Launches Digital Academy to Train 32,000 Nigerians for Global Jobs

The Federal Government has launched the Digital Training Academy (DTA), a six-month programme aimed at…

2027 Elections: AU Assesses INEC’s Preparations, Flags Key Areas for Support

The Independent National Electoral Commission (INEC) has received a delegation from the African Union (AU)…

Lagos Government Assures Of Permanent Solution To Waste Challenge

The Lagos State Government says it is taking steps to address the worsening waste management…

Nigeria’s Inflation Eases Marginally to 15.39%

Nigeria’s headline inflation rate eased marginally to 15.39 per cent in August 2026, as the…

Just for You

Shettima Back In Nigeria After BRICS Summit

Vice President Kashim Shettima has returned to Nigeria after representing President Bola Ahmed Tinubu at…

NIS Extends Passport Intervention In UK As 1,477 Nigerians Enrol

  The Nigeria Immigration Service has extended its Special Passport Intervention Exercise in the United…

Trump Pledges $5,000 Payment to Americans if Republicans Retain Congress

US President Donald Trump has promised to pay a $5,000 federal “dividend” to every adult…

Trump Threatens ‘Tremendous’ Penalties Over Economic Support for Iran

US President Donald Trump has announced a major new campaign to intensify economic pressure on…

Lasted Business

Phone Users Borrowed N4.6tn Airtime on Credit in 2025 as Africa Dominates Market

Mobile phone subscribers across Nigeria and other emerging markets obtained airtime worth $3.18 billion on credit in 2025, with Africa…

Musk Becomes World’s First Trillionaire as SpaceX Debut Drives Wealth Surge

Elon Musk has become the world's first trillionaire after the public listing of SpaceX sent his fortune soaring to an…

Oyo Moves to Future-Proof Workforce as Civil Servants Urged to Embrace Continuous Learning

The Oyo State Government has challenged civil servants to continually upgrade their skills and embrace lifelong learning in order to…

CBN Cracks Down on Forex Violations, Slaps N100m Fine on Banks Over Documentation Breaches

The Central Bank of Nigeria (CBN) has introduced stringent penalties for banks and authorised dealers that process foreign exchange transactions…

Abia Emerges Most Improved State in 2025 Performance Ranking, Lagos Retains Top Spot

Abia State has emerged as Nigeria’s most improved state in the 2025 State Performance Index (pSPI), recording a remarkable rise…

Glocient Advocates Stronger Private Sector Role in Driving Sustainable Hospitality Growth in Africa

The 2026 International Hospitality, Tourism and Eco-sustainability Forum, IHTEF, Africa 9.0 brought together leaders and stakeholders in the hospitality industry…

Cooking Gas Price Nears N2,000/kg in Ibadan Ahead of Eid-el-Kabir Celebrations

Nigerians are groaning as cooking gas nears new prices. The price of cooking gas across Nigeria has continued to rise…

FG Cancels $717.7m World Bank Power Funding Amid Electricity Sector Challenges

The Federal Government has cancelled $717.7 million in undisbursed financing from the World Bank earmarked for Nigeria’s electricity sector, effectively…

NRC Raises Alarm Over Railway Vandalism in Plateau, Bauchi

The Nigerian Railway Corporation has expressed concern over renewed attacks on railway facilities in Plateau and Bauchi states with the…

Nigeria Introduces Unified Tax ID System for Taxpayers Nationwide

The Nigeria Revenue Service, in partnership with the Joint Revenue Board, has announced the introduction of a new Taxpayer Identification…