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The Federal Airports Authority of Nigeria (FAAN) has confirmed the arrest of four suspected bandits near Akure Airport in Ondo State following a coordinated security operation involving multiple agencies.
The Central Bank of Nigeria has issued new guidelines requiring commercial banks to increase ATM deployment ratios and process instant reversals for failed transactions to enhance customer access and satisfaction.
App-based drivers in Lagos and Ogun states suspended ride-hailing services on Monday in protest against low fares and rising operational costs, organized by their union.
President Bola Tinubu has directed the Renewed Hope Ambassadors to distribute rice nationwide to support citizens observing Ramadan and Lent, promoting unity during fasting seasons.
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Petroleum marketers have released updated depot prices for petrol across Nigeria following Dangote Refinery's reversal of a recent reduction. Prices now range from N1,094 to N1,222 per litre in key hubs.
Nigerian Breweries Plc and Guinness Nigeria Plc have announced price increases for selected beer, malt, and soft drink products, citing rising operational and production costs amid challenging economic conditions.
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Japan has begun releasing its strategic oil reserves following a coordinated International Energy Agency move to ease global price spikes caused by the Middle East conflict.
Discover how travel eSIMs are revolutionizing connectivity for Nigerian travelers, offering cost-effective, hassle-free data solutions abroad. Learn about market growth, key providers like BazTel, and tips for choosing the right plan.
The Federal Airports Authority of Nigeria confirms the arrest of four suspected bandits near Akure Airport after a joint security operation involving multiple agencies.
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The Energy Transparency and Market Justice Initiative warns President Tinubu that new petrol import permits may strain Nigeria's foreign exchange reserves and hinder domestic refining efforts, urging policy reconsideration.
Nigeria's total trade in Q4 2025 was N36.21 trillion, marking a decline from previous quarters. Crude oil remained the top export, while the country recorded a trade surplus of N1.71 trillion.
The Central Bank of Nigeria introduces new security measures restricting mobile banking apps to one device at a time, with multi-factor authentication for instant payments and enhanced fraud monitoring starting July 2026.
The Nigerian Ports Authority received the Outstanding Agency of the Year 2025 award from Champions Newspaper, recognizing its port reforms that have significantly boosted Nigeria's trade surplus and maritime efficiency.
Lagos faces a severe housing deficit of 3.396 million units, pushing 9-5 workers to relocate to affordable suburbs in Lagos and Ogun State. Discover key areas like Ikorodu, Epe, and Magboro offering cheaper rents.
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The Nigerian Exchange closed higher for the week, with the All-Share Index rising 0.73% and market turnover reaching N164.8 billion. Financial Services stocks dominated trading activity.
The Central Bank of Nigeria has simplified dormant account reactivation by removing affidavit requirements and allowing digital channels, while maintaining fraud safeguards.
The Central Bank of Nigeria has issued a directive establishing 18 years as the minimum age for Bank Verification Number registration to strengthen identity verification and combat financial fraud in the banking system.
Canada warns travellers that everyday items like fruit, meat, and muddy boots can be confiscated at the border to prevent invasive species and diseases from harming ecosystems and the economy.
Global crude oil prices have skyrocketed above $100 per barrel as Middle East tensions escalate, with Brent crude reaching $114. Experts analyze four critical factors driving this surge and potential impacts on Nigeria's economy.
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The Central Bank of Nigeria mandates banks to monitor BVNs tied to suspected fraud, with a 24-hour watchlist, phone number change restrictions, and age limits for enrollment.
A new list of the world's largest crude oil producers in 2026 has emerged, with Nigeria notably absent. The top 10 countries, led by the US and Saudi Arabia, dominate global supply, highlighting Nigeria's declining role in the oil market.
Retail giant Shoprite has dismissed shutdown rumors, confirming it remains operational with 23 stores across Nigeria. The company is restructuring, closing some outlets while planning to open two new stores in Lagos as part of a strategic turnaround progr
The Central Bank of Nigeria has introduced a N20,000 transaction limit for newly activated mobile banking apps within the first 24 hours. This is part of comprehensive security measures to combat digital fraud.
The Nigerian naira appreciated by N27.03 against the US dollar in the official market, closing at N1,366.23/$1, while external reserves crossed $50 billion, boosting forex liquidity and market confidence.
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The Transmission Company of Nigeria has scheduled a nine-hour power outage in parts of Lagos for maintenance on the Akangba-Ojo transmission line, affecting Apapa, Kirikiri, and Satellite Town.
Tomato prices in Nigeria are projected to rise significantly following Ramadan due to the conclusion of the harvest season in northern states. A 50kg basket currently sells for N20,000 in the north, with prices potentially reaching N40,000 in other region
Aviation Minister Festus Keyamo raises alarm about potential dismissal, vowing to enforce cashless policy at Nigerian airports to save his job under President Tinubu.
A Nigerian man's attempt to relocate abroad backfired, leaving him with over N10 million in debt. His mother's sacrifice of building funds and jewelry helped him survive the crisis.
The Nigerian Naira strengthened against the US dollar, closing at ₦1,366.23 per dollar in the official foreign exchange market on Friday, March 13, 2026. This represents a 0.3% gain from the previous day, supported by improved forex supply and ongoing pol
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Explore how Ryan Smith's parents, Nancy and Scott Smith, and his brother Jared guided his path to co-founding Qualtrics and becoming a billionaire entrepreneur.
