…says Nigeria’s 4% female representation a national disgrace By Joseph Erunke, Abuja The Founder of TOS Foundation Africa, Chief Mrs. Osasu Igbinedion Ogwuche, has accused Nigeria’s political parties of systematically shutting women out of leadership positions ahead of the 2027 general elections, warning that ongoing party primaries are being manipulated to favour male candidates. In […]

At the parallel market, also known as the black market, the naira exchanged between ₦1,395 and ₦1,405 per dollar in Lagos and other major trading hubs on Wednesday.

By Emma Ujah, Abuja Bureau Chief The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has said that the new Tax Acts were not just about raising revenue but building trust among members of the Nigerian public. He spoke virtually yesterday at the opening of the 2026 Annual Conference of the […]

By Progress Godfrey  The Federal Competition and Consumer Protection Commission (FCCPC)   has backed Lagos State’s move to eliminate estimated billing, urging other states to adopt similar reforms across Nigeria’s electricity market. The Commission, in a statement on Tuesday, said the initiative signals a shift towards transparency, improved service delivery and stronger consumer protection, with smart […]

•Only Dangote Refinery, Ardova, Navgas have supplies By Udeme Akpan, Energy Editor There are indications that the price of Liquefied Petroleum Gas, LPG, also known as cooking gas, may rise sharply across country as depot stocks dry up amid increasing domestic demand. Checks by Vanguard yesterday showed that only the Dangote Petroleum Refinery, Ardova Plc and […]

By Luminous Jannamike ABUJA — The Economic and Financial Crimes Commission, EFCC, on Tuesday alleged that its operatives were attacked and trapped inside the University of Uyo Teaching Hospital, UUTH, during a visit linked to an ongoing fraud case involving a suspect accused of defrauding multiple microfinance banks in Akwa Ibom State. The anti-graft agency […]

•Nigeria’s oil output rises to 1.663m By Udeme Akpan, Energy Editor & Obas Esiedesa Despite the increase in pump prices of Premium Motor Spirit, PMS, also known as petrol, Nigeria’s daily consumption increased by 10.78 per cent in April 2026 to 52.4 million litres, from 47.3 million litres recorded in March, according to data released by […]

By Cynthia Alo Stakeholders in the agriculture sector have blamed Nigeria’s worsening food crisis on insecurity, poor implementation of government policies and inadequate infrastructure. Speaking at the 2026 Nigerian-British Chamber of Commerce Agriculture and Agro-Allied Summit in Lagos, the stakeholders said persistent attacks on farmers, weak monitoring of intervention funds and poor policy execution are undermining […]

By Peter Egwuatu The Economic and Financial Crimes Commission (EFCC) has concluded an investigation into an initial list of 1,146 bank accounts belonging to individuals and companies operating in Nigeria that were flagged for alleged foreign exchange (FX) infractions. According to a statement from the Federal High Court Abuja, made available to Vanguard, in a judgment […]

•Net inflow through CBN falls 18% By Elizabeth Adegbesan  Nigeria recorded a 11.4 percent year-on-year (YoY) increase in net foreign exchange inflow in 2025   to $66.23 billion from $59.44 billion in 2024.   Analysis of   data from   the Monthly Economic Bulletin with Statistical Data of the Central Bank of Nigeria (CBN) showed that the increase in net […]