Steel imports bleed Nigeria’s economy
Nigeria spent over N1 trillion on steel importation in 2025, according to available data from the National Bureau of Statistics, NBS.
No settlement default recorded since T+1 adoption — SEC
By Obas Esiedesa, Abuja ABUJA — The Securities and Exchange Commission, SEC, has disclosed that no settlement default has been recorded since Nigeria migrated to the T+1 settlement cycle, saying the transition has been smooth and well received by local and international investors. The Director-General of the SEC, Dr Emomotimi Agama, disclosed this to journalists […]
Consumers groan as petrol prices climb above N1,300/litre — Marketers raise rates thrice in one week
By Obas Esiedesa, Abuja ABUJA — Consumers have expressed concern over the continued volatility in petrol prices across the country, calling on the Federal Government to intervene and ensure stability in the downstream petroleum sector. Checks by Vanguard on Sunday showed that retail outlets in the Federal Capital Territory, FCT, had again increased their pump […]
Dangote moves against petrol importers over quality concerns
By Udeme Akpan, Energy Editor The Dangote Petroleum Refinery and Petrochemicals is considering restricting the sale of Premium Motor Spirit (PMS), also known as petrol, to major oil marketers that continue to import the product, amid concerns over quality, product blending and the integrity of its brand. The proposed restriction could take effect as early […]
FG plans six medical simulation centres nationwide
…as health training enrolment soars By Joseph Erunke, Abuja ABUJA — The Federal Government has unveiled plans to establish six world-class medical simulation centres across the country’s geopolitical zones to improve practical training for Nigeria’s expanding healthcare workforce. The Minister of Education, Dr Tunji Alausa, disclosed this while receiving the report of the Tertiary Education […]
BBNaija 11: Aikou, Flora face possible loss of Gambit status
Big Brother Naija Season 11 has introduced a new twist that could see Gambits Aikou and Flora return to the main competition following a viewers’ poll announced during Sunday’s live eviction show.
NRC, NSCDC foil railway vandalism attempt in Osogbo
By Theodore Opara LAGOS — The Nigerian Railway Corporation, NRC, in collaboration with the Nigeria Security and Civil Defence Corps, NSCDC, has foiled an attempt to vandalise railway track materials at the siding serving the Dangote Steel Rolling Mills in Osogbo, Osun State. The NRC said the incident occurred at a siding formerly serving the […]
2,000 Amnesty slots: If approved, where did they go? — MOSIEND asks Tinubu
By Luminous Jannamike ABUJA – The Movement for the Survival of Izon Ethnic Nationality in the Niger Delta, MOSIEND, has urged President Bola Ahmed Tinubu to urgently intervene over the alleged exclusion of about 2,000 members of the Egberepapa Camp/Niger Delta Liberation Force from the Presidential Amnesty Programme. For the affected ex-agitators and their families, […]
