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Investment in 2026: Continued FX reforms key to improved FDI — Report

Investment in 2026: Continued FX reforms key to improved FDI — Report

By Tunde Oso TO improve Nigeria’s investment climate this new year, continued foreign exchange reforms should remain central to Federal Government’s economic policy. Delivering its Monthly Rating Brief for January, DataPro, a leading compliance, corporate governance and fraud risk management consulting firm, in its forecast for 2026, titled “Investment Outlook in the New Year: Opportunity […]

Africa: Iconic Global summit 2025 ends with call to action from resource persons

Africa: Iconic Global summit 2025 ends with call to action from resource persons

The sixth edition of the highly anticipated Iconic Global Summit/Honors 2025, hosted by Iconic International Holdings (Pty) Ltd in partnership with the Mayorkings Charity Foundation, successfully concluded, leaving a lasting impression on a diverse cohort of global and African leaders. ​Held under the compelling theme, “The Africa We Want: Sustainable Development; Everyone’s Responsibility,” the Summit […]

Venezuela to turn over 50m barrels of oil to US — Trump

Venezuela to turn over 50m barrels of oil to US — Trump

…Seizes Russian-flagged tanker President Donald Trump has said Venezuela would turnover up to 50 million barrels of oil to the US, after a military operation to remove President Nicolás Maduro from power. The oil, worth about $2.8 billion (£2.1bn), will be sold at its market price, the US president wrote on social media, adding that […]

ADC kicks off nationwide membership revalidation, signals party reset

ADC kicks off nationwide membership revalidation, signals party reset

African Democratic Congress, ADC, yesterday rolled out a nationwide membership revalidation, mobilisation and registration exercise, describing it as a deliberate push to strengthen its internal structures, grow its grassroots base and reposition for future political engagements.

Apapa Customs generates N2.93tr in 2025 as reforms drive revenue growth

Apapa Customs generates N2.93tr in 2025 as reforms drive revenue growth

By Godwin Oritse The Apapa Area Command of the Nigeria Customs Service generated a total revenue of N2.93 trillion in 2025 from import and export facilitation. This figure represents a 24.32 per cent growth compared to the ₦2.357 trillion collected in 2024. In a statement signed by Isah Sulaiman,Chief Superintendent of Customs and Public Relations […]

SDP hails Adebayo at 54, describes him as patriot, democrat of uncommon impact

SDP hails Adebayo at 54, describes him as patriot, democrat of uncommon impact

By Henry Umoru ABUJA — The National Working Committee (NWC) of the Social Democratic Party (SDP) has paid glowing tribute to its 2023 presidential candidate, Prince Adewole Adebayo, describing him as a respected Nigerian patriot, true democrat, philanthropist extraordinaire and a proud emblem of his generation. The party made the commendation in a birthday message […]

LCFE to list Kian Smith’s N21 bn gold bars

LCFE to list Kian Smith’s N21 bn gold bars

By Peter Egwuatu The Lagos Commodities and Futures Exchange (LCFE) has finalized plans to list over N21 billion worth of Kian Smith FZE gold in a landmark transaction aimed at deepening Nigeria’s commodities market and expanding investable asset classes within the capital market. The forthcoming listing will feature internationally certified 1kg London Bullion Market Association […]

Dodgy data: The fallacies about Nigeria’s economy in 2025, by Olu Fasan

Dodgy data: The fallacies about Nigeria’s economy in 2025, by Olu Fasan

Mark Twain, the American writer and humourist, famously said: “There are three kinds of lies: Lies, damned lies and statistics.” This aphorism is truer in Nigeria than in virtually any other country. Put bluntly, one must be utterly gullible to believe official statistics in Nigeria. The unreliability of official data in Nigeria is known universally, with […]

Vanguard Detty December