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Nigeria is experiencing a notable paradox in its energy sector, marked by a growing reliance on foreign feedstock to support domestic refining operations. Despite being a major global producer of crude oil, the country has significantly increased its imports of American crude over the past two years. Between January 2024 and January 2026, Nigeria imported […]

The Managing Director and Chief Executive Officer of the Lagos Waste Management Authority (LAWMA), Dr. Muyiwa Gbadegesin, has announced that the agency currently serves as a major engine for job creation in Lagos State. He stated that over 100,000 youths are directly and indirectly employed across the authority’s operational value chain. Dr. Gbadegesin made this […]

The Central Bank of Nigeria (CBN) has significantly tightened its control over the financial system, resulting in an interbank system deficit that has reached ₦4.1 trillion. This strategic maneuver is part of a broader, deliberate effort by the apex regulator to drain excess liquidity from the economy. The primary motivation behind this aggressive tightening is […]

The Africa Finance Corporation (AFC) has secured a five-year, $100 million loan facility from the Export-Import Bank of India. This financial agreement, signed during the AFC’s Investor Day in London, is designed to bolster the corporation’s funding base as it accelerates investment in critical infrastructure and industrial projects across the continent. The transaction highlights the […]

Suspected gunmen have carried out a violent attack in Edo State, resulting in the death of a commercial bus driver. The vehicle, which was traveling from Lagos toward the eastern part of the country, was intercepted by the attackers on the highway. The assailants unleashed heavy gunfire on the bus, effectively forcing the driver to […]

The All Progressives Congress (APC) has officially released its electoral timetable for the 2027 general elections, signaling the start of the party’s internal selection process. According to the schedule signed by the National Organising Secretary, Sulaiman Argungu, the party’s presidential primary is set to take place from May 15 to May 16, 2026. A major […]

President Bola Tinubu has officially approved the establishment of a new campus of the Nigeria Police Academy in Erinja, Yewa South Local Government Area of Ogun State. This development marks a significant expansion of the institution’s capacity to train police personnel. To facilitate the immediate development of the facility, the President also approved a special […]