Nigerians spend more as air, ‘okada’ fares spike in February
Nigerians faced higher commuting costs in February 2026 as airfares and motorcycle transport charges recorded notable increases, pushing overall transport expenses upward despite a slight drop in intercity bus fares, according to the National Bureau of Statistics (NBS).
GTCO’s profit up 23.2% to N1.23 trn
By Peter Egwuatu Guaranty Trust Holding Company Plc , GTCO, has recorded interest income of N1.622 trillion for the audited financial year ended December 31, 2025, up by 22.8% from N1.321 trillion recorded in the corresponding period 2024. The company also declared a dividend of N12.76 per share for the financial year 2025. The results released […]
Dollar to Naira exchange rate today, April 1, 2026
The Nigerian Naira began the new month and the second quarter of 2026 with a show of resilience, trading within a stable range against the United States Dollar.
Benue: Guma LG Chair gifts monarchs vehicles, strengthens peace, devt
By Peter Duru, Makurdi The Executive Chairman of Guma Local Government Area, LGA, Maurice Orwough has presented vehicles to selected traditional rulers in the area as part of efforts to strengthen traditional institutions and enhance grassroots governance. The gesture, according to a statement by the Chairman’s Personal Assistant on Communication and Strategy, Ernest Tortiv, is […]
Dangote Refinery secures $4bn syndicated loan, Afreximbank underwrites $2.5bn
By Udeme Akpan The African Export-Import Bank has underwritten $2.5 billion of a $4 billion senior syndicated term loan for the Dangote Petroleum Refinery and Petrochemicals. A syndicated loan is a financing arrangement involving a large sum of money provided by a group of lenders. In a statement confirming the deal, Afreximbank disclosed that it […]
VICBHE graduates 1,403 ranking experts, unveils African university ranking system
By Gift ChapiOdekina,Abuja The Virtual Institute for Capacity Building in Higher Education (VICBHE) has graduated 1,403 certified ranking professionals and launched the continent’s first indigenous African University Ranking System (AURS). Director, Peter Okebukola, disclosed this in a statement issued in Abuja, describing the development as a major milestone in Africa’s higher education evaluation. The graduation […]
INYA congratulates Aghalino on appointment as Dennis Osadebay University VC
The Isoko National Youth Assembly (INYA) Worldwide has congratulated Professor Samuel Ovuete Aghalino on his appointment as the Vice Chancellor of Dennis Osadebay University, Asaba, describing the development as a well-deserved recognition of academic excellence and leadership. In a press statement signed by its President, Comrade Eniwake Orogun, the youth body said the appointment of […]
STOCK MARKET: Investors reap N29trn in 3mths amid economic reforms
By Peter Egwuatu Nigeria’s stock market ended the first quarter of 2026 on a high note, with investors making massive gains of over N29 trillion in just three months. The strong performance comes amid ongoing economic reforms in the country. The total value of all listed companies on the Nigerian Exchange Limited (NGX), known as market capitalization, […]
Residents roam streets with gallons as water scarcity hits Ebonyi
RESIDENTS of Ebonyi State, particularly those in Abakaliki, the state capital, are groaning under severe scarcity of drinking water, which has triggered fear of imminent water-borne diseases as they now make use of any water they can lay their hands on.
Tinubu’s aide Yusuf Kamorudeen bags OGITECH award for public service
Speaking after receiving the award, Bakare said the recognition reflected Yusuf’s impact on the institution and its host communities.
Agony of Onitsha traders who watched while bulldozers demolished their shops
OWNERS of 25 Shop Lines at Onitsha Main Market, about 10,000 traders, watched in agony and disbelief as bulldozers sent by the state government moved in and reduced their shops to rubble.
