The Nigerian currency, the Naira, opened the week with continued pressure in the unofficial foreign exchange market, commonly known as the black market or parallel market.

The PDP leadership urged Lamido to work closely with Chairman Turaki, stressing that both men have long enjoyed cordial relations and can still steer the party away from internal strife.

An ambush by troops of 192 Battalion and hybrid forces at Gwadale general area in Pulka–Gwoza axis led to the killing of four terrorists.

The naira traded at about ₦1,456 to the US dollar in the Nigerian Foreign Exchange Market (NFEM) on Monday, November 24, 2025.

The Nigerian Army says its troops operating under Operation FANSAN YAMMA (OPFY) have intensified search-and-rescue operations for abducted schoolchildren in Niger, Kebbi and Zamfara states.

Nigerian, Mr Shehu Bamidele, has been confirmed by Guinness World Records as the new world record holder for the Longest Marathon Playing Pool by an Individual. Bamidele achieved an extraordinary time of 98 hours, 26 minutes, 37 seconds in Lagos on September 2, 2025. This achievement has been formally validated by Guinness World Records, GWR. […]

Dangote Group is set to end Nigeria’s dependence on imported sugar with an investment of more than $700 million sugar expansion plan aimed at boosting local production. Dangote Sugar Refinery, one of the group’s subsidiaries, is planning to invest the money in land development, equipment, infrastructure, training and community engagement, with the aim to build a supply […]

…Says 500,000 direct jobs at risk  The Manufacturers Association of Nigeria (MAN) has warned that the decision to ban the production and sale of alcoholic beverages packaged in sachets and small PET bottles by 31st December, 2025 could lead to the loss of over N1.9 trillion investments by indigenous companies and 500,000 direct, and 5 million indirect […]

By Yinka Kolawole The federal government has stopped receiving applications for the Pioneer Status Incentive (PSI) with effect from November 10, 2025, which implies that corporate organisations will no longer enjoy three-year tax-free incentives for new businesses. The Nigerian Investment Promotion Commission (NIPC) said the move is part of preparations for the full transition to the new […]

By Dele Sobowale Ask anybody, including the best educated and most erudite, about the Nigerian economy, and the response will probably be subjective summary based on personal and political bias long ingrained. Members of political parties have made up their minds in advance of any event regarding the economy. For some, President Tinubu can do no […]

By Peter Egwuatu  The Chartered Institute of stockbrokers (CIS) has issued a comprehensive set of recommendations aimed at fast-tracking the modernisation and growth of Nigeria’s capital market.   At the Institute’s 29th Annual Stockbrokers’ Conference held in Abuja, participants emphasised that decisive reforms were essential for positioning the market as a catalyst for national economic transformation. In […]

PRESIDENT Bola Tinubu, yesterday, ordered the withdrawal of police officers currently providing security for Very Important Persons, VIPs in the country.

By Godwin Oritse The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has said that effective Port State Control (PSC) is one of the most potent tools of ensuring global safety and maintenance of environmental standards in shipping. Mobereola who said this at a 5-day Regional Train the Trainer Workshop […]

“The savings belong to workers, and their confidence in the Contributory Pension Scheme is the foundation on which the entire system stands”

Peter Egwuatu Barring unforeseen circumstance, the Securities and Exchange Commission (SEC) will officially transition to a T+2 settlement cycle for equities transactions from Friday, November 28, 2025, in a move designed to align with global best practices and enhance market efficiency. The commission disclosed this in a statement, noting that the transition from the current T+3 […]