The Nigerian Naira opened trading on Wednesday, July 29, 2026, maintaining relative stability against the United States dollar across both the official Foreign Exchange Market (NFEM) and the parallel market.
By Innocent Anaba A Federal High Court in Lagos has set aside a directive by the House of Representatives Committee ordering Seplat Energy Producing Nigeria Unlimited, SEPNU, to pay N72.624 billion as compensation to communities over alleged oil spill incidents, holding that the National Assembly exceeded its constitutional powers. The court held that the directive […]
By Peter Egwuatu AVA Capital Plc, an integrated financial services group with operations in investment banking, asset management, securities trading and trusteeship, is set to list on the Nigerian Exchange Limited (NGX) by way of Listing by Introduction on Friday. According to a statement made available to Vanguard, the listing is a strategic transition into the […]
By Godwin Oritse Members of the Association of Nigerian Licensed Customs Agents (ANLCA) have threatened to stage a protest over the alleged manipulation of ship manifests by some shipping companies, warning that they will expose those responsible if urgent action is not taken. The agents said the practice could disrupt port operations and further weaken the […]
•Urges more predictable regulatory environment By Yinka Kolawole The Lagos Chamber of Commerce and Industry, LCCI, has warned that Nigeria risks losing its position as Africa’s leading technology hub unless the government accelerates policy reforms, expands digital infrastructure and creates a more predictable regulatory environment to attract investment. Speaking at the opening of the 12th […]
•Expert blames weak power market, poor gas monetisation incentives By Ediri Ejoh Despite the Federal Government’s gas flaring penalties and efforts to curb the practice, Nigeria lost an estimated 62,400 gigawatt-hours (GWh) of potential electricity generation from flared gas between 2024 and 2025, representing an 18.6 per cent increase from 50,800 GWh recorded during 2022 and […]
By Peter Egwuatu The National Assembly has commended the Securities and Exchange Commission (SEC) for strengthening its fiscal sustainability through improved revenue generation and prudent cost management. Deputy Chairman of the House of Representatives Committee on Finance, Hon. Saeed Musa Abdullahi, gave the commendation during the 2026 Revenue Monitoring Exercise with the Commission in Abuja. Addressing […]
•Move to deepen Africa’s debt markets, boost credit transparency By Babajide Komolafe S&P Global has agreed to acquire a majority stake in Agusto & Company Limited, a leading Pan-African credit rating agency, in a move aimed at strengthening its presence in Africa’s domestic debt markets and enhancing credit transparency across the continent. The transaction, which is […]
By Udeme Akpan Petrol depot prices declined across major supply centres yesterday as marketers implemented fresh price cuts, signalling increased competition in the downstream petroleum market. An analysis of the mid-day depot price report showed that most major depots in Lagos, Warri, Calabar and Port Harcourt either reduced their prices or maintained existing rates, with no […]
By Babajide Komolafe Nigeria has lost nearly half of its dollar millionaires over the past decade, with the population of high-net-worth individuals falling by 47 per cent between 2015 and 2025, according to the 2025 Africa Wealth Report by Henley & Partners in collaboration with New World Wealth. Despite the sharp erosion in private wealth, Nigeria […]
By Precious Enaike & Tolu Folorunsho Across Nigeria, forceful arrests have become one of the most visible and controversial features of law enforcement. Dramatic scenes of security operatives scaling fences, breaking gates and forcing their way into homes increasingly dominate public discourse. Read Also: PFIPC: Police arrest Adeyemi’s father amid ongoing forgery probe From ordinary […]
Four thousand households were displaced by flash floods, forcing the victims to take refuge in schools some in their relatives houses.
He further revealed that all preliminary activities had been completed for the construction of an additional 250 housing units
Poverty, weak health systems, poor nutrition, environmental hazards, chronic stress, limited access to healthcare, widening social inequalities shape Nigerians life expectancy
By Prince Osuagwu AS Nigeria intensifies efforts to bridge digital skills gap and build a globally competitive technology workforce, Aptech Nigeria is celebrating the achievements of its graduates while strengthening industry-academia collaboration and alumni engagement. The celebration will happen at its national convocation, on August 8, 2026, at the Sheraton Lagos. Aptech expects the ceremony […]
By Progress GodfreyRemote work, once viewed as a temporary response to the COVID-19 pandemic, has evolved into a defining feature of Nigeria’s technology ecosystem, changing how professionals work, how companies recruit talent and how salaries are determined. For thousands of Nigerian software developers, designers, digital marketers and data analysts, geography is no longer a barrier […]
By Prince Osuagwu It will be game -on, in the morning of July, 30, 2026, when the Minister of Innovation, Science and Technology, Dr. Kingsley Udeh, mounts the podium at the International Conference Centre, ICC, Enugu, to discuss the innovations technology has brought into the gaming world which is now worth over $197billion The Minister […]
By Juliet UmehNo fewer than 12 high-potential Nigerian startups are set to access funding of up to $350,000 under the Growth Lab accelerator programme of the iDICE Startup Bridge initiative. The programme, an initiative of the Federal Government’s Investment in Digital and Creative Enterprises, iDICE, Programme implemented by the Bank of Industry, BOI, has opened […]
“We live in a culturally and spiritually aware environment. When a school cuts a child’s hair without the parent’s consent, it raises concerns”
By Joseph Erunke The Worldwide President of the Ambrose Alli University, AAU, Alumni Association, Dr. Clifford Imade Omozeghian, has launched a global appeal to graduates of the institution to rally financial support for the completion of the association’s Examination and Records Building Project, describing the initiative as a legacy that will transform academic records management […]
By Joseph Erunke& Elizabeth Osayande If the Federal Government had not reversed the proposed N50,000 registration fee per candidate for the Senior Secondary Certificate Examination conducted by the West African Examinations Council, WAEC, and the National Examinations Council, NECO, the examination bodies would have been able to generate more than N175 billion annually. An analysis […]
By Elizabeth Osayande TranESS C&I, the commercial and industrial energy storage business unit of Transsion Holdings, has reinforced its commitment to Nigeria’s education and clean energy sectors through the launch of a Youth Talent in Energy Storage Programme and the signing of a strategic Memorandum of Understanding (MoU) with Al-Ansar Foundation. The announcements were made during […]
