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Paper mills collapse: Nigeria loses ₦674bn annually to foreign producers

Paper mills collapse: Nigeria loses ₦674bn annually to foreign producers

NIGERIA may be losing about ₦674 billion annually to foreign paper mills as the domestic primary producers closed shops over the past 26 years.
Insecurity

50 killed in Adamawa, Benue, Plateau; 23 pupils abducted in Kogi

‘I’m an entrepreneur; my money not from Sanwo-Olu’  —  Aisha Achimugu

‘I’m an entrepreneur; my money not from Sanwo-Olu’  —  Aisha Achimugu

latest news

11:24 am
Ukraine slams Israel over shipments of grain ‘stolen’ by Russia

Ukraine slams Israel over shipments of grain ‘stolen’ by Russia

President Volodymyr Zelensky on Tuesday slammed Israel for allegedly accepting shipments of Ukrainian grain “stolen” by Russia, which occupies swathes of Ukrainian agricultural land.

11:24 am
10:51 am
US says examining latest Iran proposal

US says examining latest Iran proposal

The White House said on Monday that it was examining Iran’s latest proposal to unblock the Strait of Hormuz, two months after a US and Israeli offensive sent shockwaves through the global economy.

10:51 am
10:28 am
Trump not satisfied with Iran’s new peace proposal – Report

Trump not satisfied with Iran’s new peace proposal – Report

US President Donald Trump is not satisfied with Iran’s latest peace proposal, which seeks to reopen the Strait of Hormuz and end the U.S. naval blockade of Iran’s ports, US media reported, citing several White House officials.

10:28 am
10:22 am
King Charles to urge Trump to ‘come together’ with Britain

King Charles to urge Trump to ‘come together’ with Britain

The US leader and First Lady Melania Trump will then host the royals in the Oval Office behind closed doors. In the evening they will return to the White House for a grand state dinner.

10:22 am
09:43 am
Simeone, Atletico chasing redemption against Arsenal

Simeone, Atletico chasing redemption against Arsenal

Atletico Madrid and Diego Simeone have regularly tasted the sting of disappointment, even in what is the club’s golden age.

09:43 am
09:27 am
Natasha Akpoti-Uduaghan as Senator

Akpoti-Uduaghan declares re-election bid, urges PDP unity in Kogi

Senator Natasha Akpoti-Uduaghan (PDP, Kogi Central) has formally declared her intention to seek re-election for a second term, citing wide consultations and sustained support from constituents and family.

09:27 am
09:26 am
Dotun Daniel Adekunle, COO/CTO, OPay, delivering the Keynote Presentation at the inaugural BusinessDay Fintech Summit 2026 held in Lagos.

OPay Leads the Conversation on Africa’s Next Financial Frontier at BusinessDay Fintech Summit 2026

OPay, a leading financial technology company in Nigeria, took center stage as the Headline Sponsor of the inaugural BusinessDay Fintech Summit held on Wednesday, April 22, 2026, at the Oriental Hotel, Lagos. The summit, themed “The Next Financial Frontier: Intelligence, Infrastructure & Inclusion in Africa’s Digital Money Economy,” brought together key players across the financial […]

09:26 am
09:24 am
New Housing Minister targets 20m deficit, vows affordable homes push

New Housing Minister targets 20m deficit, vows affordable homes push

The newly appointed Minister of Housing, Engr. Muttaqha Darma, has reaffirmed the Federal Government’s commitment to tackling Nigeria’s estimated 20 million housing deficit through the delivery of affordable homes nationwide.

09:24 am
09:20 am
Iran says US no longer in position to ‘dictate’ policy to other nations

Iran says US no longer in position to ‘dictate’ policy to other nations

While a ceasefire has halted the fighting between Iran, the US and Israel, talks on bringing a permanent conclusion to the conflict have been inconclusive.

09:20 am
09:13 am
A’Ibom: Police recover explosives in custodial centre

A’Ibom: Police recover explosives in custodial centre

The Police Command in Akwa Ibom has recovered explosive materials within the Ikot Ekpene Custodial Centre, its spokesman has said.

09:13 am
Latest News

Politics

'Tinubu put me in charge of Abia APC' - Orji Kalu, Okezie Kalu claim

‘Tinubu put me in charge of Abia APC’ – Orji Kalu, Okezie Kalu claim

"The highest ranking political office holders, like the Deputy Speaker takes care of the affairs in Abia state"
2027: APC chieftain to challenge Tinubu for party’s presidential ticket

2027: APC chieftain to challenge Tinubu for party’s presidential ticket

2027: Count us out of Ibadan opposition summit’s resolutions – NNPP faction

2027: Count us out of Ibadan opposition summit’s resolutions – NNPP faction

‘You see how it feels to be persecuted’ — Sowore confronts Malami

‘You see how it feels to be persecuted’ — Sowore confronts Malami

Federal High Court

Trial of alleged coup plotters: Judge bars journalists from covering case

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Naira

Dollar to Naira exchange rate today, April 28, 2026

The Nigerian Naira maintained a steady yet cautious position against the US Dollar as the market opened for trading today, Tuesday, April 28, 2026.
'African countries helped during anti-apartheid struggle' - Ramaphosa tells South Africans

‘African countries helped during anti-apartheid struggle’ – Ramaphosa tells South Africans

Court martial over coup plot to resume May 8 – DHQ

Court martial over coup plot to resume May 8 – DHQ

JAMB

2026 UTME: JAMB withholds scores, sets 320 for underage candidates

VANGUARD ECONOMIC DISCOURSE: How Nigeria can reverse N2.5trn Agric export deficit — Gadain 

VANGUARD ECONOMIC DISCOURSE: How Nigeria can reverse N2.5trn Agric export deficit — Gadain 

Vanguard Economic Discourse

Stakeholders urge FG to tackle insecurity, boost youth inclusion in Agriculture

Stakeholders urge FG to tackle insecurity, boost youth inclusion in Agriculture

The concerns were raised during a panel session at the 9th edition of the Vanguard Economic Discourse held in Lagos on Wednesday.
Photos: Industry leaders, sector stakeholders, others grace Vanguard Economic Discourse

Photos: Industry leaders, sector stakeholders, others grace Vanguard Economic Discourse

Dele Oye faults govt’s role in business, cites failures of Ajaokuta, refineries

Dele Oye faults govt’s role in business, cites failures of Ajaokuta, refineries

FAO lists six pathways to fix Nigeria’s food crisis

FAO lists six pathways to fix Nigeria’s food crisis

Vanguard Economic Discourse: Food system under stress, livestock key to reform  —  FG

Vanguard Economic Discourse: Food system under stress, livestock key to reform  —  FG

Metro

Gateman absconds as 67-year-old man is found murdered in Ajah residence

Gateman absconds as 67-year-old man is found murdered in Ajah residence

Tragedy has struck in the Ajah area of Lagos State as a 67-year-old man, Chief Augustine Nwalieze, was killed by his gateman under yet-to-be-ascertained circumstances.
Court martial over Nigeria coup plot to resume May 8

Court martial over Nigeria coup plot to resume May 8

Plateau

Gunmen kill pastor, wife, children in fresh Plateau attack

Kogi govt confirm abduction of 24 pupils from orphanage home‎

Kogi govt confirm abduction of 24 pupils from orphanage home‎

Gateman allegedly murders 65-year-old transport manager in Lagos

Gateman allegedly murders 65-year-old transport manager in Lagos

Vanguard awards

Tunji-Ojo, Dantata win Vanguard Personality of the Year Award

Tunji-Ojo, Dantata win Vanguard Personality of the Year Award

The minister of interior, Olubunmi Tunji-Ojo, has been named Vanguard Personality of the Year, decisive reform and institutional strengthening.
Kukah, Ovia, Bucknor-Akerele, others win Vanguard Lifetime Achievement Award

Kukah, Ovia, Bucknor-Akerele, others win Vanguard Lifetime Achievement Award

Vanguard Personality Awards venue dazzles in first look

Vanguard Personality Awards venue dazzles in first look

Vanguard Awards: Dauda Lawal’s development drive 

Vanguard Awards: Dauda Lawal’s development drive 

[Vanguard Awards] Olubunmi Tunji-Ojo: Driving reforms, renewing confidence 

[Vanguard Awards] Olubunmi Tunji-Ojo: Driving reforms, renewing confidence 

Columns

Who else but Professor Benjamin Nwabueze (2), by Eric Teniola

Let Anioma, Ijebu, Ogoja, Ibadan and other states be, by Eric Teniola

07:33 am
Nigerians have no friends in Tel Aviv, by Owei Lakemfa

Nigerians have no friends in Tel Aviv, by Owei Lakemfa

06:12 am
Shielding indicted or incompetent Nigerian ministers, by Tonnie Iredia

Shielding indicted or incompetent Nigerian ministers, by Tonnie Iredia

06:40 am
Nigeria’s festivals turned to funerals since 2015, by Dele Sobowale

Nigeria’s festivals turned to funerals since 2015, by Dele Sobowale

06:48 am
Why they hated Galadima, by Patrick Omorodion

Why they hated Galadima, by Patrick Omorodion

07:48 am
Misogyny and gynophobia, by Bisi Adeleye-Fayemi

Misogyny and gynophobia, by Bisi Adeleye-Fayemi

07:05 am
Seek divine elevation, by Funmi Komolafe

Seek divine elevation, by Funmi Komolafe

06:49 am

Entertainment

Nollywood Actor Solomon Akiyesi dies after brief illness

Nollywood Actor Solomon Akiyesi dies after brief illness

Nollywood actor Solomon Akiyesi has died in his sleep after a brief illness, throwing the Nigerian film industry into mourning.
Michael Jackson biopic debuts atop box office with $220m

Michael Jackson biopic debuts atop box office with $220m

‘I’m sorry’, Roby Ekpo apologises after emotional breakdown over failed marriage

‘I’m sorry’, Roby Ekpo apologises after emotional breakdown over failed marriage

Afrobeats superstar Davido has emerged victorious at the 2026 LEA, clinching the prestigious award for Best International Act

2026 LEA: Davido beats Gunna, Rema, Tyla to win Best International Act

Stop the negativity – Funke Akindele denies snubbing Pasuma in viral video

Stop the negativity – Funke Akindele denies snubbing Pasuma in viral video

Promoted

Dotun Daniel Adekunle, COO/CTO, OPay, delivering the Keynote Presentation at the inaugural BusinessDay Fintech Summit 2026 held in Lagos.

OPay Leads the Conversation on Africa’s Next Financial Frontier at BusinessDay Fintech Summit 2026

Infinix NOTE 60 Ultra Ushers in New Premium Era

Infinix NOTE 60 Ultra Ushers in New Premium Era

How-to-Estimate-Demand-Before-Launching-a-Product-Using-Public-Traffic-Data.jpg

How to Estimate Demand Before Launching a Product (Using Public Traffic Data)

QI Group's Corporate Heartbeat: How the RYTHM Foundation Functions as Social Impact Infrastructure

QI Group’s Corporate Heartbeat: How the RYTHM Foundation Functions as Social Impact Infrastructure

Videos

How I Spent Month In Detention Before Dismissal—Olamilekan, Soldier Who Asked Politicians To Send Sons Into Military

How I Spent Month In Detention Before Dismissal—Olamilekan, Soldier Who Asked Politicians To Send Sons Into Military

‘I slept in that building; it was strong’ – Resident reacts to Lagos school building collapse

‘I slept in that building; it was strong’ – Resident reacts to Lagos school building collapse

People Talk: What is your view on the proposed death penalty for kidnappers, terrorism financiers

People Talk: What is your view on the proposed death penalty for kidnappers, terrorism financiers

Rock & Roll Hall of Fame 2021: Fela in early lead

Historically: Fela’s Kalakuta Republic demolished, religious faithfuls commence annual fasting

ICYMI

World leaders react to Washington gala shooting; suspect named, detained 

World leaders react to Washington gala shooting; suspect named, detained 

World leaders react to Washington gala shooting; suspect named, detained 
Why I appointed Deputy Speaker, Ben Kalu’s wife as board chairman –  Gov Otti

Why I appointed Deputy Speaker, Ben Kalu’s wife as board chairman – Gov Otti

Nigeria not a poor country - Presidency

FG raises civil servants’ allowances, welfare and exit packages

N1bn: Yahaya Bello wins defamation suit against Natasha Akpoti-Uduaghan

N1bn: Yahaya Bello wins defamation suit against Natasha Akpoti-Uduaghan

Peter Obi in closed-door meeting with Bala Mohammed in Bauchi

Peter Obi in closed-door meeting with Bala Mohammed in Bauchi

Today’s toons

Cartoon: After 2027 elections flood, where will this ark land?

Cartoon: After 2027 elections flood, where will this ark land?

Cartoon: 'School is (not) scam'

Cartoon: ‘School is (not) scam’

Cartoon: ‘Boys, I have a gift for you’

Cartoon: ‘Boys, I have a gift for you’

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Business

80% of businesses owned by women lack access to formal credit — FG

80% of businesses owned by women lack access to formal credit — FG

•Gender gap in financial inclusion has widened — SEC By Obas Esiedesa The Federal Government has disclosed that over 80 per cent of women-owned businesses in Nigeria operate without access to formal credit, limiting their ability to scale and contribute optimally to economic growth. The Minister of Women Affairs and Social Development, HajiyaImaanSulaiman-Ibrahim, made the disclosure […]
UBA assets hit N33trn, sustain growth momentum into Q1’26

UBA assets hit N33trn, sustain growth momentum into Q1’26

Banking, Industrial Goods drive stock market as investors gain N5.5trn 

Banking, Industrial Goods drive stock market as investors gain N5.5trn 

Shoprite

Judgment debt: Court restrains ShopRite directors from selling shares, assets

Inflation rises again

Naira appreciates to N1,380/$ in parallel market

Health

Fresh concerns as 2.1m Nigerian children miss immunisation

Fresh concerns as 2.1m Nigerian children miss immunisation

malaria

World Malaria Day: Local drugs, APIs key to ending disease — Emzor

National health emergency: Why careless food choices are killing Nigerians

National health emergency: Why careless food choices are killing Nigerians

Lagos tightens Ilera Eko enforcement, targets hospitals, expands access

Lagos tightens Ilera Eko enforcement, targets hospitals, expands access

Sports

Simeone, Atletico chasing redemption against Arsenal

Simeone, Atletico chasing redemption against Arsenal

Atletico Madrid and Diego Simeone have regularly tasted the sting of disappointment, even in what is the club's golden age.
Man Utd beat Brentford to close on Champions League berth

Man Utd beat Brentford to close on Champions League berth

3 countries that came close to pulling out of the FIFA World Cup

3 countries that came close to pulling out of the FIFA World Cup

Modric suffers fractured cheekbone, to undergo surgery

Modric suffers fractured cheekbone, to undergo surgery

Countdown to 2026 FIFA World Cup: Xhaka leading Switzerland to genuine contention

Countdown to 2026 FIFA World Cup: Xhaka leading Switzerland to genuine contention

Relationships

Why you need to make your marriage more important than  your children

Why you need to make your marriage more important than  your children

relationship

What’s a man’s pride got to do with it when he smells the money?!

Why a new dad and his partner should equally be the most important in their child’s life

Why a new dad and his partner should equally be the most important in their child’s life

Who would a husband defend, his wife or the mistress

Don’t let affairs destroy your relationship

Special Report

AMASEIKUMOR 2026: Splendour of culture, dance of the gods in Delta

AMASEIKUMOR 2026: Splendour of culture, dance of the gods in Delta

Splendour, artistic brilliance and spectacular display were the hallmarks of the Amaseikumor festival which was held in the sacred Egbesu Temple

West Africa’s healthcare investment momentum builds as WHX returns to Nigeria 

West Africa’s healthcare investment momentum builds as WHX returns to Nigeria 

Nigeria’s healthcare sector is undergoing rapid transformation, with forecasts predicting a 7.1% expansion and an anticipated market value of US$161.7 million by 2027. This growth is fuelled by a US$1.2 billion Federal Ministry investment in infrastructure and workforce, major oncology and diagnostic expansions by the Nigeria Sovereign Investment Authority, and increased imports under the African Continental Free Trade Area […]

Stealing of catalytic converters: China-made alternatives offer relief

Stealing of catalytic converters: China-made alternatives offer relief

China-made catalytic converters are increasingly providing relief to automobile owners who have lost theirs to fraudulent mechanics and unscrupulous used car dealers

SOCIAL MEDIA ICONS

Social media makes people unhappy — World Happiness Report

The 2026 World Happiness Report says people who are more inclined to use social media seem to be less satisfied with their lives.

More Columns

Technology

PalmPay reports 35 million users, deepens role in Nigeria’s digital finance ecosystem

PalmPay reports 35 million users, deepens role in Nigeria’s digital finance ecosystem

The digital banking platform, PalmPay, has said it now has over 35 million users, six years after launching operations in Nigeria’s financial services market.

Building on rented land: How Nigeria loses N60bn yearly to foreign domains

Building on rented land: How Nigeria loses N60bn yearly to foreign domains

Nigeria is quietly losing an estimated N60 billion every year to foreign domain registrations and web hosting services, a steady outflow that highlights a deeper structural weakness in the country’s digital economy.

Resilience gaps in submarine cable systems threaten West Africa’s digital economy, WATRA warns

Resilience gaps in submarine cable systems threaten West Africa’s digital economy, WATRA warns

Executive Secretary, West African Telecommunications Regulators Assembly, WATRA, Aliyu Aboki has said that West Africa’s growing digital economy is increasingly exposed to systemic risks due to weak resilience in submarine cable infrastructure and fragmented regional coordination.

Nigeria may not make shishi from two new satellites in 2029 unless

Nigeria may not make shishi from two new satellites in 2029 unless

By 2029, Nigeria would have launched two communications satellites into space. According to the Chief Executive Officer of the Nigerian Communications Satellite Limited (NIGCOMSAT), Jane Egerton-Idehen, one will go up in 2028 and the other in 2029.

More Technology

Education

FG introduces school textbooks ranking system

FG introduces school textbooks ranking system

This ranking, officials say, will determine the most suitable and highest-quality textbooks for each subject and level of education.

NASU, CONUA, NAPTAN to FG: You can’t scrap ‘irrelevant courses’ in varsities

NASU, CONUA, NAPTAN to FG: You can’t scrap ‘irrelevant courses’ in varsities

Abuja—The federal government yesterday stirred the hornet’s nest with a declaration to phase out from the  university system  courses it deemed irrelevant to the country’s economic future

Nigeria not a poor country - Presidency

NASU, CONUA, NAPTAN to FG: You can’t scrap ‘irrelevant courses’ in varsities

The federal government yesterday stirred the hornet’s nest with a declaration to phase out from the university system courses it deemed irrelevant to the country’s economic future, an indication that several social science programmes could be on the chopping block.

‘Where is your cooler of food?’ – Weird demands at postgraduate defences

‘Where is your cooler of food?’ – Weird demands at postgraduate defences

“I was given the mandate to provide refreshment and drinks. Besides the supervisor, other workers in the department were also taken care of”

More Education
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