The Central Bank of Nigeria (CBN) has refuted media reports suggesting it disbursed $1.259 billion to major oil sector operators for importing refined petroleum products and related items.
In a statement on Wednesday, the Bank described the reports as false...
Emir of Kano, Muhammadu Sanusi II, has revealed that former President Goodluck Jonathan nearly removed fuel subsidy in 2011 but backed down due to fears of worsening insecurity amid the Boko Haram insurgency.
Speaking at the Oxford Global Think Tank...
Bearish sentiments persisted on the Nigerian stock market on Tuesday, October 28, 2025, causing investors to lose about N91 billion.
Selloffs in McNicholas, Lasaco Assurance, Livestock Feeds, John Holt, Ikeja Hotel, and 31 other declining stocks dragged the market into...
The Department of State Services (DSS) has arrested one Innocent Chukwuma for allegedly using his social media account to advocate for a military takeover in Nigeria.
Security analyst Zagazola Makama revealed the arrest on Wednesday via his official X handle,...
The Nigerian Meteorological Agency (NiMet) has predicted sunshine and thunderstorms across the country Wednesday to Friday, October 31, 2025.
NiMet, in its weather outlook released on Tuesday, October 28, envisaged sunny skies in the northern region on Wednesday morning.
The agency...
The House of Representatives has passed for second reading a bill seeking to establish the Nigerian Fintech Regulatory Commission, aimed at overseeing the licensing, supervision, and regulation of financial technology companies nationwide.
Sponsored by Hon. Fuad Kayode Laguda (Surulere 1...
Israeli planes launched strikes in Gaza City on Tuesday, October 28, 2025, after Prime Minister Benjamin Netanyahu accused the militant group Hamas of violating a ceasefire in the Palestinian territory.
Netanyahu ordered the military to carry out "powerful attacks" on...
The Federal Government has secured ₦700 billion from the Federation Account Allocation Committee (FAAC) to finance the deployment of 1.1 million electricity meters nationwide by December 2025, the Minister of Power, Adebayo Adelabu, announced on Tuesday in Lagos.
Speaking at...
The Super Falcons of Nigeria on Tuesday qualified for the 2026 Women African Cup Of Nations (WAFCON) in Morocco.
The Super Falcons played 1-1 draw with their Benin Republic counterpart in the second leg of the qualifier at the MKO...
The naira appreciated against the United States dollar in the Nigerian Foreign Exchange Market (NFEM) on Tuesday, October 27, 2025.
Data from the Central Bank of Nigeria (CBN) showed that the naira appreciated by 67 basis points (bps) to close...
