All 20 people onboard a military cargo plane that crashed in Georgia on its return from Azerbaijan have been confirmed dead. Confirming the incident, the defence ministry said the plane took off from Ganja airport in western Azerbaijan on Tuesday...
Oil prices dropped a little on Wednesday, November 12, 2025, amid expectations that an end to the longest-ever United States government shutdown could boost demand in the country. Brent crude futures slipped 8 cents, or 0.12%, to $65.08 a barrel...
The Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, has asked the Federal High Court in Abuja to dismiss a restraining suit filed by the Nigerian Insurers Association (NIA) and 17 insurance companies challenging the House’s ongoing...
The Nigeria Police Force (NPF) has secured the conviction of David Udensik, also known as Dr. Jacob Bello, for his role in an international oil-related fraud valued at over $1 million. The Federal High Court in Abuja handed down the...
Super Eagles captain William Troost-Ekong has confirmed reports that the team boycotted training over unpaid allowances ahead of the African playoffs for the 2026 World Cup. The Super Eagles players were said to have boycotted their training in protest of...
The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have unveiled a new joint economic framework, the Dis-Inflation and Growth Acceleration Strategy (DGAS), aimed at achieving at least 7% annual GDP growth and reducing inflation to...
Despite billions spent annually on welfare schemes, a new World Bank report has revealed that less than half of Nigeria’s social safety-net benefits reach the poor. In its latest publication, The State of Social Safety Nets in Nigeria (November 2025),...
The Onne Multipurpose Terminal (OMT) has achieved a major milestone with the arrival of MSC Dorine V, the first vessel under MSC’s Iroko Service to sail directly from China and the Far East to Nigeria. The Liberian-flagged ship, operated by...
Four years into the federal government’s “Decade of Gas” initiative, Nigeria’s goal of becoming a gas-powered economy by 2030 remains distant. Despite vast reserves, weak policy execution, poor infrastructure, and low domestic gas use continue to stall progress. Speaking at the...
The Nigerian stock market closed on a bearish note, losing N4.6 trillion on Tuesday, November 11, 2025, amid sell-offs in heavyweight stocks. The selloffs affected stocks including Academy Press, Custodian Investment, Dangote Cement, Deap Capital Management, Oando, and 56 others. The...