By Yinka Kolawole The value of textile materials imported into Nigeria rose by 17 per cent year-on-year, YoY, to N267.7 billion in the first quarter of 2026 (Q1’26), highlighting the country’s continued reliance on imported textile products despite efforts to revive local production. Data from the National Bureau of Statistics, NBS, showed that textile imports increased […]

By Sebastine Obasi Brevity Anderson UK and the Europe-India Centre for Business and Industry (EICBI) have formally executed a strategic Collaboration and Services Agreement establishing a framework for long-term cooperation in trade facilitation, investment promotion, stakeholder engagement, and international commercial development across Africa, the European Union, and India. The Agreement provides for collaborative activities including trade […]

ABUJA — President Bola Tinubu has announced plans to recruit more than 50,000 new police officers and thousands of military personnel as part of measures to strengthen security across the country, while expressing hope for the safe return of schoolchildren abducted in Oyo and Borno states. Speaking in his Democracy Day address, Tinubu acknowledged that […]

By Godwin Oritse Lagos State Governor, Babajide Sanwo-Olu, has announced that work on Phase 2 of the Lekki Port project will commence soon, a move aimed at strengthening the state’s position as West Africa’s leading maritime and logistics hub. Speaking at the Invest Lagos Summit 3.0 held in Lagos earlier in this week, Sanwo-Olu highlighted the […]

By Obas Esiedesa, Abuja Nigeria’s total oil production, comprising crude oil and condensates, increased by 2.2 per cent in May to 1.70 million barrels per day (bpd), while crude oil output exceeded the country’s OPEC production quota for the first time this year. Data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Thursday showed […]

ABUJA — President Bola Tinubu has issued a stern warning to bandits, kidnappers and sponsors of terrorism across the country, urging them to surrender or face the full force of the Nigerian state. The President delivered the warning while addressing the nation’s security challenges in his Democracy Day message, reaffirming his administration’s commitment to restoring […]

By Mariam Eko The Transmission Company of Nigeria (TCN) has called on the Federal Government and the National Assembly to strengthen legal protection for critical electricity infrastructure, saying vandalism, sabotage and encroachment on transmission corridors continue to threaten power supply and investments in the sector. Managing Director and Chief Executive Officer of TCN, Engr. Sule Ahmed […]

By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, has banned closely linked financial entities from extending loans or guaranteeing the obligations of one another without the bank’s prior approval. The apex bank disclosed this, yesterday, in its Exposure Draft on ring-fencing operations of closely linked entities in the Nigerian financial system. The apex bank stated: […]

Fellow Nigerians Today, we celebrate democracy and the enduring Nigerian spirit. For 27 unbroken years, since May 29, 1999, Nigerians have chosen their leaders through the ballot, witnessed peaceful transitions of power, and resolved disagreements in courtrooms and legislative chambers—not through violence. We have experienced the longest stretch of civilian rule in our history. Our […]

The Nigerian naira traded within a relatively stable range against the United States dollar on Friday, June 12, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market.

By Jimitota Onoyume The Independent National Electoral Commission, INEC, has fixed June 16 to June 25, 2026, for political parties to conduct primaries in the newly created constituencies in Delta State, ahead of the 2027 general elections. The constituencies are Warri South-West II, Warri North II, Aniocha North II, Ika North-East II, Sapele II and […]

…says democracy delivering results By Peter Duru, Makurdi The All Progressives Congress (APC) in Benue State has commended President Bola Tinubu and Governor Hyacinth Alia for what it described as their commitment to deepening democracy, strengthening institutions and delivering the dividends of good governance to Nigerians. In a Democracy Day statement issued on Thursday, the […]

West Africa’s largest airline, Air Peace, has expressed sadness over the circumstances that necessitated the evacuation of Nigerian citizens in South Africa, describing the situation as unfortunate and deeply concerning.

By Ibrahim Hassan-Wuyo OSOGBO — Leaders, stakeholders and longstanding members of the Accord Party in Osun State have reaffirmed their support for Dr. Gbenga Olawepo-Hashim as the party’s presidential candidate for the 2027 general election, insisting that no external influence can overturn the mandate freely given to him by party members. The declaration was made […]

The Minister of State for Defence, Dr. Bello Muhammad Matawalle, has expressed confidence that President Bola Tinubu remains politically strong in the North-West and is well positioned to secure substantial support from the region ahead of the 2027 presidential election.