Nigeria’s capital importation rises 256.9% to $2.82bn 

Nigeria’s capital importation rose by 256.9 per cent year-on-year (YoY) to $2.82 billion in April 2026 from $0.79 billion in the corresponding period of 2025, indicating increased investor confidence in the economy, the Central Bank of Nigeria (CBN) has said. However, capital importation declined by 26.7 per cent month-on-month (MoM) from $3.85 billion in March […]
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LCFE gets NMDPRA licence to trade, clear petroleum liquid

By Peter Egwuatu The Lagos Commodities and Futures Exchange (LCFE) has secured a licence from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to facilitate the trading and clearing of petroleum liquids, in a development expected to deepen price discovery, transparency and investment in Nigeria’s energy market. The approval provides LCFE with the regulatory […]

Messi mulls retirement after father’s death

Argentina superstar and inspiration behind his country’s 2022 World Cup victory Lionel Messi said Wednesday he has “serious doubts” about continuing to play football for “much longer” after the death of his father Jorge Messi.

Why selective targeting of Air Peace?

By Fred Chukwuelobe Why Air Peace? That is the question Nigerians must ask following the decision by aviation industry unions to picket and disrupt the operations of Nigeria’s largest airline in Lagos and Abuja. This is not the first time Air Peace has found itself at the receiving end of what appears to be disproportionate […]

Women in mechanisation accuse FG of neglect

By Cynthia Alo The Federal Government (FG) has been accused of neglecting women-led agricultural mechanisation businesses, with operators saying lack of access to finance, machinery and technical support is undermining efforts to bridge Nigeria’s huge mechanisation gap. Founder and President, Women in Mechanised Agriculture Association, WIMA, Aisha Bako, said the association, which commenced operations in […]

2027: Benin groups back Iyamu for Reps, affirm ancestry

By Ozioruva Aliu BENIN CITY – A coalition of Benin socio-cultural groups, have endorsed the candidacy of the All Progressives Congress, APC, candidate for Oredo Federal Constituency in the 2027 House of Representatives election, Dr. Paddy Iyamu. They also declared that earlier reservations about his origin had been resolved haven been adequately clarified and were […]

Lagos Health Ministry, Xtralarge Farms advocate preventive healthcare

By Esther Onyegbula Nigerians have been urged to make annual medical check-ups a personal birthday gift, rather than wait until they fall ill before knowing the state of their health. The Managing Director, Xtralarge Farms and Resorts, Dr. Moji Davids, gave the advice at the Xtralarge Wellness Festival organised by the company, stressing that preventive […]

Prestige Assurance completes recapitalisation, heralds new era of financial strength, market leadership

By Rosemary Iwunze Prestige Assurance Plc has successfully completed its recapitalization programme, marking a defining milestone in its corporate evolution and reinforcing its position as one of Nigeria’s financially resilient and forward-looking insurance companies. The achievement, accomplished in compliance with the recapitalisation requirements of the National Insurance Commission (NAICOM), substantially strengthens the Company’s capital base, […]

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