The Vice Chancellor of the University of Ilesa, Osun State, Professor Taiwo Asaolu, has lamented the myriad challenges facing Nigerian university administrators, citing diverse and conflicting stakeholder interests, land grabbing, and pressure from traditional rulers.

By Providence Ayanfeoluwa The Sea Empowerment and Research Center, SEREC, has warned that African maritime nations face heightened economic and security challenge due to the escalating tensions between the United States and Iran. The Centre highlights the far-reaching implications for import-dependent economies across the African Union economies considered to be particularly vulnerable. In the communiqué signed […]

In a move that has sent ripples through Nigeria’s investment community, Governor Babagana Umara Zulum has appointed Dr Sa’id Alkali Kori as his Chief Investment Adviser and Pioneer Chairman of the Borno State Investment Promotion Agency Governing Board, bringing on board one of the country’s most accomplished infrastructure finance experts at a critical juncture in […]

By Yinka Kolawole,  with agency report Not less than 12 states have enacted the tax harmonisation law considered a crucial  part of the broader tax reform agenda introduced by the administration of President Bola Tinubu. Speaking in Abuja yesterday, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms  and Minister of State for […]

By Yinka Kolawole Activities in Nigeria’s cotton, textile and garment industry continued to trend downward in 2025, with the industry’s contribution to the nation’s Gross Domestic Product, GDP, declining to N4.384 trillion, reflecting persistent structural challenges confronting the sector. Data from the National Bureau of Statistics (NBS) shows that the sector’s output has recorded a steady […]

•NISO blames poor gas supply By Mariam Eko The crisis in Nigeria’s power sector worsened yesterday with further decline recorded in power generation.   Data obtained from the Nigerian Independent System Operator, NISO, showed that generation stood at 2,898 megawatts, MW, yesterday, a shortfall of 11 percent from 3,222MW recorded on Monday. The sharp drop forced electricity Distribution […]

The British Pound has maintained a steady but slightly elevated position against the Nigerian Naira as the first full trading week of March 2026 comes to a close.

The Nigerian Naira maintained a stable yet slightly softened position against the US Dollar as the first full trading week of March 2026 drew to a close.

Trump also indicated he is keen to see Iran’s leadership structure removed and that “we want to go in and clean out everything” quickly.

By Luminous Jannamike ABUJA — The Federal Government has stepped up efforts to turn scientific research produced in Nigeria’s universities, polytechnics and research institutes into real products, startups and industries that can create jobs and drive economic growth. The move reflects growing concern within government circles that many innovations developed in Nigerian laboratories never make […]