News

Trump orders immediate Section 301 investigation into European Union trade practices, accusing the bloc of unfairly targeting American companies through hefty digital regulations and multibillion-dollar antitrust penalties. Move follows the European Commission's €890 million ($1 billion) antitrust fine...

Fake university exposed: NSCDC operatives uncovered an illegal university operating from a three-bedroom apartment in Ilado, Olorunda LCDA, Lagos, after days of intelligence gathering and covert surveillance. 160 students rescued: About 160 students were evacuated from the premises,...

Budget Office DG Tanimu Yakubu tells lawmakers no kobo was released to the controversial Presidential Foreign Investment Promotion Council (PFIPC), despite budgetary provisions in the 2026 Appropriation Act. Yakubu says the Budget Office neither created nor approved the...

Competition Replaces Patronage: Conducted under the Petroleum Industry Act (PIA) 2021, Nigeria's 2025 Licensing Round prioritised transparency, technical competence, financial capability and competitive bidding over political influence and discretionary allocations. Strict Selection Process Boosts Credibility: Of nearly 300...

The NGX ended the week on a softer note as profit-taking in Presco and other selected stocks pulled the benchmark index lower despite positive market breadth. CNIF led the gainers’ chart with a 10.00 percent rally, while Presco...

Atiku rejects Obasanjo's allegation, saying there is no evidence he bribed the late Ghali Umar Na'Abba to impeach the former President during their time in office. Former Vice President faults timing of claim, arguing it is unfair to...

INEC Chairman Prof. Joash Amupitan warns that Nigeria cannot guarantee free, fair and credible 2027 general elections unless the electoral commission is granted full financial autonomy. Says continued dependence on the annual appropriation process and budget approvals by...

Credit to Nigeria's private sector increased by N2.22 trillion in June, pushing total outstanding lending to N83.26 trillion, according to the latest data from the Central Bank of Nigeria. Private sector credit rose by about nine per cent...

Dangote Cement has opted for a secondary listing in London after ruling out Dubai, saying the UK market offers a faster and more practical route to attract global investors. The company plans to complete the listing before the...

Governor Abba Kabir Yusuf unveils plans to establish a state-owned commercial airline, with operations expected to begin within the next year. Proposed Kano Airline will provide direct employment opportunities for indigenous pilots trained under the state's aviation scholarship...