Nigeria: Over 3000 people abducted, N6.5m ransom paid in one year –…
Between the period of July 2021 and June 2022, no fewer than 3,420 people were abducted across Nigeria,…
Abuja-Kaduna train: We met all terrorists demands they failed to release…
The Federal Government has disclosed that it complied with all the demands of the terrorists who abducted…
NNPC renews five oil bloc licenses, expects to unlock $500bn
The Nigerian National Petroleum Company (NNPC) Limited has signed a contract extension with its partners for five…
Nigeria’s gas flares lowest since 2012 as use increases
Nigeria’s gas flares fell the most since 2012 due to improved utilisation of the commodity locally and a lull in…
Food, fuel, others gulp $14.5bn amid dollar scarcity
Amid lingering dollar scarcity, the amount of foreign exchange used by Nigeria for food, fuel and other imports…
Fake bank alerts put small businesses at risk
Charles Edenweze, a businessman who has a shop at Alaba International Market, Ojo, Lagos, was a victim of a fake…
Nigeria’s T-bills yield worst among Kenya, Egypt, others
Africa’s largest economy, Nigeria, has the highest treasury bills(T-bills) negative rate of return when compared to…
Rising prices of cocoa, diesel cripple Nigerian processors
The increase in the prices of diesel and cocoa beans has made it unattractive for Nigeria’s remaining cocoa…
SA visa delays scuttle Nigerian applicants’ travel plans
A number of applicants for South African visas have experienced delays and denials, and some have had to cancel…
Seplat-ExxonMobil saga seen dimming oil sector’s outlook
The conflicting information from various parastatals of the Nigerian government over the $1.3bn deal between Seplat…
Bakers call for legislation of cassava inclusion policy to drive adoption
Bakers in Africa’s biggest economy have called for the legislation of the cassava inclusion policy to drive its…
Netflix, Amazon contest for audience with Nollywood
With the growing streaming culture among Nigerian movie fans and filmmakers, streaming giants appear to be taking…
Seplat-ExxonMobil saga sends danger signals to oil investors
The Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) insistence that the ExxonMobil/Seplat Energy share…
25 carriers shelve take-off plans amid rising costs
Twenty-five prospective carriers that have submitted applications to process their Air Operating Certificates…
Nigeria’s dire fiscal state to worsen without subsidy removal –…
President Muhammadu Buhari's government must cut gasoline subsidies and boost revenue collection to avoid a sharp…
Nigeria’s food trade deficit swells amid local production push
Nigeria’s agricultural trade deficits widened to a record in 2021, reflecting a surge in food imports as the…
Hours after Buhari’s approval, upstream petroleum regulator blocks…
In a curious twist Monday night, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said that status quo…
Squeezed consumers switch to small stores on rising prices
Large superstores and shopping arcades are seeing smaller foot traffic as rising prices force many consumers to…
2023: Nigerians demand restructuring as major campaign issue
Few weeks to the commencement of the campaigns ahead of the 2023 general election, Nigerians have demanded that…
Air Peace suspends Johannesburg route over delayed issuance of visas to…
Air Peace has announced that it will be suspending its Johannesburg flight operations due to the delayed issuance…
