Malami’s trial: Judge alleges plot to bribe him, warns of consequences
Shortly after granting N1.5 billion bail to the erstwhile AGF and his co-defendants, Justice Nwite disclosed that he had been approached by some persons who wanted a favourable decision.
Nigeria’s oil, gas post gains, miss targets in 2025
By Udeme Akpan, Energy Editor Nigeria’s oil and gas industry recorded mixed performance marked with improvement in some indices marred by below expectation oil production, worsening gas flaring and dispute over the domestic fuel supply. Improved Upstream activity The rig count, an index of measuring activities in the upstream sector, recorded a rise of 63% year-on-year in 2025. […]
Oyo suspends monarch over illegal mining
THE Oyo State government, yesterday, suspended the Sobaloju of Ofiki in Atisbo Local Government Area, Jacob Adefabi, over alleged illegal mining activities in the community.
Zenith Bank injects N140m into tech ecosystem with Zecathon 5.0
Zenith Bank concluded the 2025 edition of its flagship innovation competition, Zecathon 5.0, at the Zenith Tech Fair. The event, which received thousands of applications and deployed a significant total of N140 million in prizes, was attended by dignitaries, including the founder and chairman of Zenith Bank Plc, Jim Ovia CFR, as well as Lagos State […]
Dollar to Naira exchange rate today, January 7, 2026
The Nigerian Naira maintained a stable yet cautious trajectory against the United States Dollar during early trading hours on Wednesday, January 7, 2026.
Nigerian Tax Acts 2025 to benefit economy, citizens — NTPIC
Chairman of the National Tax Policy Implementation Committee (NTPIC), Mr. Joseph Tegbe, has said the Nigerian Tax Reform Acts 2025 will significantly strengthen the economy while protecting citizens, describing the legislation as a major shift toward a more sustainable fiscal framework. In an article, Tegbe explained that the Acts represent a comprehensive overhaul of Nigeria’s fiscal […]
Kale warns: Discipline key to sustaining Nigeria’s economic stability
By Babajide Komolafe Group Chief Economist at Afreximbank, Dr Yemi Kale, has warned that Nigeria’s emerging macroeconomic stability could be short-lived without sustained policy discipline, stressing that credibility remains critical to attracting long-term capital and shielding the economy from external shocks. Speaking at the FirstBank 2026 Nigerian Economic Outlook session, Kale said recent improvements in inflation […]
Nigeria’s average oil output rises 7% to 1.652m bpd in 11 months
By Udeme Akpan, Energy Editor Nigeria’s average oil output, including condensate, increased year-on-year to 1.652 million barrels per day in the first 11 months of 2025, from 1.544 million bpd in the corresponding period of 2024, indicating a 7 percent increase. Despite this, Nigeria did not meet its 2025 budget target of 2.06 million bpd during […]
5.36m electricity customers remain without meters — NERC
By Obas Esiedesa, Abuja The Nigerian Electricity Regulatory Commission (NERC) has disclosed that 5.36 million electricity customers nationwide remain without meters, leaving them exposed to the unpredictable estimated billing methods by distribution companies (DisCos). According to the Commission’s third-quarter 2025 industry report published on its website, as of 30 September 2025, only 6.662 million of the 12.030 […]
Terrorists on rampage in Kwara, Katsina, Kaduna; many abducted
Barely days after terrorists killed over 40 persons in Niger State last weekend, the marauders have again struck in Kwara, Katsina and Kaduna, kidnapping several victims, including a photo journalists.
Naira rises to N1,470/$ in parallel market
By Elizabeth Adegbesan The Naira yesterday appreciated to N1,470 per dollar in the parallel market from N1,475 per dollar on Monday. Similarly, the naira appreciated to N1,416 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira fell to N1,416 […]
