…over expectations of an immediate reduction in borrowing costs. According to him, Nigeria's high interest rates are serving a dual purpose: combating inflation and attracting foreign portfolio investment needed to support foreign exchange liquidity. "A significant portion of capital inflows is coming through portfolio…

…Speaking at the event, Oduwole described the FMCG sector as a major contributor to Nigeria's economy. "The FMCG industry is more than a commercial category; it is a critical driver of jobs, manufacturing growth, trade and consumer welfare". "Strengthening visibility across the value chain and fostering collaboration am…

…shake-up The market decline was Initially driven by profit-taking alongside rising Nigerian Treasury Bills. However, this recent crash is largely a regulatory shake-up targeted at large banking groups such as Access, GTCO, FBNH, and FCMB. The core reasons include: a revised method for calculating capital for HoldCos an…

…A stock like GTCO at N128.35 was Group A under the old rule, but is now Group C. MTN Nigeria at N800 was Group A, but is now Group B. The tick size: The minimum step by which any stock price can move stayed the same per group: Group A: 10 kobo minimum price movement Group B: 5 kobo minimum price movement Group C: 1 kob…

The Economic and Financial Crimes Commission (EFCC) has arrested a Nigerian-American citizen over an alleged cross-border vehicle import scam involving

…Boko Haram's insurgency erupted in 2009, jihadist groups have established strongholds in Nigeria's vast game reserves and national parks, taking advantage of their remoteness and limited security presence. The sprawling Old Oyo Forest Reserve straddles Oyo State and central Kwara State. Ahoro-Esinele and Yawota had no…

…over worsening insecurity, growing religious polarisation and persistent impunity in Nigeria, warning that the challenges are undermining fundamental human rights across the country. Speaking at a press conference at the headquarters of the NHRC in Abuja on Friday, Ghanea presented preliminary […]

…luxury benefits from oil businessmen who secured lucrative government contracts in Nigeria. The alleged benefits included access to expensive properties, chauffeur-driven vehicles, and other high-value gifts. However, after hearing evidence in the case, the jury returned not guilty verdicts on all counts against the fo…

By Steve Swann A former Nigerian oil minister cleared of taking bribes says the UK authorities destroyed her reputation in a failed prosecution that was "painful and traumatic". Diezani Alison-Madueke said the 13-year investigation by the National Crime Agency (NCA) "could have been handled a lot differently". Speaking…

…current leadership, and as the judiciary continues to adjudicate complex security cases, Nigeria has an opportunity to deepen a culture in which justice - not merely force - becomes a cornerstone of national security. Nigeria's fight against terrorism, banditry, kidnapping, and violent extremism has largely been measur…

…bears an uncanny resemblance to the professional and political journey of veteran Nigerian Nollywood actor-turned-politician, Kenneth Okonkwo. Many Millennials and members of the Gen Z may be too young to know that long before "The Black Book", Omoni Oboli's "Love in Every Word", or other contemporary Nollywood product…

The Nigerian government said it has secured fertiliser supplies for the 2026 wet farming season after an early procurement strategy enabled it to lock in prices before renewed geopolitical tensions in the Middle East disrupted global markets.

The 22-year-old dismissed claims that Nigeria's failure to qualify for the World Cup influenced his choice, stressing that South Africa had always been where his heart belonged

…has lamented the team’s poor start in the qualifying series for the 2026 World Cup. Nigeria have now failed to participate in two consecutive tournaments since their last appearance in 2018 in Russia. The three-time African champions are absent despite 10 countries representing the continent. After the qualifiers, Nige…

…of Police, Anietie Okokon Edem Iniedu, as the new Force Public Relations Officer of the Nigeria Police Force. Iniedu succeeds Deputy Commissioner of Police, Anthony Okon Placid, who has now been redeployed to the Lagos State Police Command. The redeployment comes less than three months after Placid assumed office as Fo…

The acting leadership of Parliamentary Staff Association of Nigeria, PASAN, Abia State chapter has distanced itself from a 7-day ultimatum issued by the Nigeria Labour Congress, NLC, to the Abia State House of Assembly Service Commission over the recent posting out of three staff members to other offices. The posting o…

…from Accord, Oyebanji Olajuyin from the Labour Party, Blessing Abegunde from the New Nigerian Peoples Party, NNPP, Bidemi Awogbemi from the All Progressives Grand Alliance, APGA, Ayodeji Ojo from the Action Democratic Party, ADP, Samuel Akande from the African Action Congress, AAC, Olaniyi Ayodele from the People’s Red…

South Africa defender, Ime Okon has revealed why he chose the South African nation over Nigeria. He also refuted claims that he was approached by those in charge of Nigerian football to change his international allegiance, emphasizing that his connection with South Africa was the key reason for his commitment to Bafana…

…for Super Eagles star, Wilfred Ndidi, amid increasing uncertainty regarding the Nigerian’s future at the club. Ndidi, who made the switch to the Black and Whites from Leicester City, has become the focus of mounting transfer speculation ahead of the 2026/2027 season, with several clubs from the Saudi Pro League reporte…

…to begin on Sunday, June 22, 2026. It reiterated that applicants for positions in the Nigeria Correctional Service, NCoS, Nigeria Immigration Service, NIS, Federal Fire Service, FFS, and Nigeria Security and Civil Defence Corps, NSCDC, have been advised to simply appear in normal and decent attire. The Board, however,…

Nigeria’s former Minister of Petroleum Resources, Diezani Alison-Madueke, has lamented that the UK authorities destroyed her reputation in a failed prosecution that left her traumatic. Alison-Madueke said this on Friday in an interview with the BBC, stressing that the 13 year investigation by the UK's National Crime Ag…

…football in 2025. The 18-year-old began his career at the Ikon Allah Football Academy in Nigeria, before being recruited by Swedish club AIK last year. It was in Sweden that Yohanna’s career took flight. The teenager made his breakthrough in the first team, scoring twice and providing three assists in 13 appearances. I…

…tragedy. For the people of Daudu, located about 25 kilometres from Makurdi behind the Nigerian Army School of Military Engineering (NASME), the pain remains raw and overwhelming. The quiet farming and fishing community has been transformed into a landscape of mourning. Families sit outside their homes in silence. Women…

…Company Plc, SAHCO, has said it is willing to strengthen trade facilitation between Nigeria and the United Arab Emirates, UAE, while also exploring partnerships with Middle East Airlines. SAHCO Chairman, Dr Taiwo Afolabi, said the initiative was aimed at boosting passengers, cargo and e-commerce activities between the…

…what I am driving at until you realise that there are many multi-ethnic states in Nigeria where just one ethnic group dominates the governorship in perpetuity. An example that stands out like a sore thumb is Benue State. Since the state's creation in 1976, every elected civilian governor has come from the Tiv-speaking…