By Udeme Akpan,    Energy Editor  Nigeria’s downstream petroleum regulator has approved a fresh round of fuel import permits for major oil marketers as concerns grow over domestic supply level. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) issued the new approvals to selected marketers for the third quarter of 2026, covering the importation of […]

By Peter Egwuatu THE Securities and Exchange Commission (SEC) has granted fresh approvals to three companies within the BGL Group, authorising them to resume operations across key segments of the Nigerian capital market. The approvals, contained in separate letters issued by the Commission, covering BGL Securities Limited, BGL Capital Limited and BGL Asset Management Limited, […]

•Urges Nigerians to protect currency By Emma Ujah, Abuja Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has launched the CBN Naira Ambassadors Club, a campaign aimed at promoting respect for and proper handling of the Naira among young Nigerians. Speaking at the inauguration of the club, comprising secondary school students in […]

The naira continued to trade within a relatively stable range against the United States dollar on Wednesday, June 24, 2026, across both the official and parallel foreign exchange markets.

ByElizabeth Adegbesan  Net Foreign exchange (forex) into the economy fell  by 24 per cent, month-on-month, MoM to $6.92 billion in February from $9.22 billion recorded the previous month.  The Central Bank of Nigeria, CBN disclosed this in its monthly economic report for February 2026. The report showed that  the decline in net forex was driven by […]

Onanuga argued that several government initiatives have delivered tangible benefits to citizens, citing infrastructure projects, student loans and credit facilities for workers as examples.

Police in Lagos, yesterday, dispatched particles recovered from the explosion, which took place in Oke Mushin area of the state, to Force Headquarters, Abuja, for more forensic analysis. 

The United States has sanctioned a Lagos-based ISIS financier,, Mukhtar Adamu Muhammad, 35, and three bureaux de change linked to him for allegedly moving funds for the group, as part of a sweeping action targeting ISIS financial networks across Europe, the Middle East and West Africa.

Civil servants under the umbrella of the Joint National Public Service Negotiating Council, JNPSNC, Trade Union Side have called on the federal government and state governments to approve and implement a 400 per cent increase in the current N70,000 national minimum wage to cushion the devastating effects of the country’s economic hardship.

Together, they went to fight and defeat a common enemy, the Islamic Republic of Iran. But they came out of it bickering. The United States of America and the Jewish State of Israel enjoy what both sides term an “unbreakable bond.” This bond developed organically after US President Harry Truman summarily recognised the State of Israel […]

The controversy surrounding the spending practices of the South East Development Commission (SEDC) has once again highlighted the urgent need for strict oversight of Nigeria’s zonal Development Commissions. These agencies were created to serve as vehicles for accelerated regional development, not platforms for bureaucratic excess, questionable expenditures or administrative extravagance. The concerns raised over the […]

As the stakeholders’ meeting on the determination of the Mobile Termination Rate (MTR) was holding in Lagos last week, there were some unpleasant developments happening across some telecommunications networks which, at once, underlined one of the major reasons for such a meeting. Engr. Gbenga Adebayo, ALTON President, told this writer that that very morning of June […]

Governor Seyi Makinde approved the curfew, which will run daily from 4:00 p.m. to 8:00 a.m. and remain in force for an initial period of 48 hours.

“As long as the same passions and interests subsist among mankind, the questions of war and peace, of justice and policy, which were debated in the councils of antiquity, will frequently present themselves as the subject of modern deliberation” — Edward Gibbon Edward Gibbon’s words ought to resound in the meeting rooms of Switzerland today, like […]

Governor Francis Ogbonna Nwifuru has disclosed plans by the Ebonyi State Government to establish a new cement factory in Nkalagu, Ishielu Local Government Area, as part of efforts to revive industrial activities in the area.