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2027 race: Rattled by subsidy debate, Tinubu promises cheaper transport

President Bola Tinubu has suddenly put cheaper transport at the centre of his economic...

Subsidy removal: After three years of pain, Tinubu offers 37 buses as election nears

The federal government has unveiled 100 electric buses for federal civil servants, promising to...

Public outcry pushes FAAN to lift Bolt airport ban after price surge

The Federal Airports Authority of Nigeria (FAAN) has cleared Bolt to resume operations at...

Meta agrees to pay $18bn settlement over child safety claims

Meta has agreed to pay up to $17.1 billion to settle lawsuits brought by...

NAFDAC orders nationwide recall, destruction of banned sachet alcohol

The National Agency for Food and Drug Administration and Control (NAFDAC) has ordered manufacturers...

Niger mosque attack: Video shows over 600 may have been abducted

A video released by an armed criminal gang showing hundreds of women, crying infants,...

Binance halts transactions with 17 crypto platforms in global compliance crackdown

Binance, the world’s largest cryptocurrency exchange by trading volume, has suspended all transaction processing...

FBI asks US court to keep Tinubu’s files secret

United States’ FBI has asked a federal court for permission to submit a confidential...

Nigeria’s headline inflation drops to 15.43% as food prices surge past 20%

Nigeria’s headline consumer inflation eased for the second consecutive month in July, slowing to...

U.S. faults Nigeria on fiscal transparency for second straight year

The United States Department of State says Nigeria has failed to meet minimum fiscal...

CBN lifts FX, bond restrictions on banks’ discount window access

The Central Bank of Nigeria (CBN) has removed restrictions that previously barred commercial banks...

CBN allows banks to trade FX, buy bonds without losing emergency funding

The Central Bank of Nigeria (CBN) has removed restrictions that prevented commercial banks from...

In Nigeria, climate change is driving fish offshore, and fishers out of work

Clouds hung heavily over the Atlantic coastline, a familiar sight at the peak of...

Geregu Power bond default: What it means for Nigeria’s capital market

There is a particular kind of shock that travels fast through financial markets -...

Nigeria targets $50bn offshore oil investment by 2030

Nigeria’s upstream petroleum regulator expects to attract between $30 billion and $50 billion in...

Dangote refinery cuts petrol and diesel prices in fresh market slash

Dangote Petroleum Refinery has announced a nationwide reduction in the ex-depot prices of Premium...

Shell sold Niger Delta asset despite internal doubts over $10.9bn cleanup

Shell estimated it could cost about $10.9 billion to decommission its ageing onshore oil...

Otedola increases First HoldCo stake to 25.9% in N222bn buy

First HoldCo Plc chairman Femi Otedola has consolidated his position as the group's biggest...

Economic hardship: 191 million Nigerians unable to afford healthy diet – UN

More Nigerians than ever before can no longer afford a healthy diet, with the...

Ireland deports six Nigerians, five with criminal convictions

The Irish government has deported six Nigerian men to Lagos, saying five of them...