Tinubu wipes out $1.42bn, N5.57tn in NNPC debt
President Bola Tinubu has approved the cancellation of approximately 96% ($1.42bn) and 88% (N5.57tn) of the Nigerian National Petroleum Company […]
Business and Economy
The honest truth about what it’s like to trade forex full time in Nigeria
Many people in Nigeria dream of leaving their jobs and becoming full time traders. Social media is full of screenshots,
Chinese mining firms deny links to illegal activities and terrorism financing in Nigeria
Chinese mining companies operating in Nigeria have denied recent claims linking them to illegal activities and terrorism financing in the
Lagos State paid ₦213bn to Tinubu-linked Alpha Beta firm in 2 years
Internal documents reveal that Lagos State’s tax revenue reached “₦1,409,018,340,857.74” by October 2025. Alpha-Beta Consulting LLP, a firm long linked
Lagos demolitions leave 2,500 homes razed, spark N2 trillion loss and housing crisis
Over 2,500 houses have been demolished across Nigerian cities, with Lagos accounting for 1,500 cases, causing an estimated N2 trillion in losses and leaving thousands homeless as residents and stakeholders criticize the lack of due process and transparency in enforcement actions.
Business and Economy
Nigeria leads African crude oil exports worth $2bn to US between January and August 2025
That’s more than half of all African crude oil exports to the United States during that period.
Dangote explains why cement costs more in Nigeria than abroad
Aliko Dangote explained why his cement is cheaper abroad, citing high production costs, logistical challenges, and unfavorable government policies in Nigeria.
CBN directs banks to ensure uninterrupted ATM, POS services for foreign cards
The CBN has mandated banks to improve services for foreign card users, aiming to eliminate operational bottlenecks and enhance transaction security and transparency.
CBN directs banks to configure ATMs and POS terminals for foreign card use
The Central Bank of Nigeria has mandated banks to enable seamless foreign card usage at ATMs and POS terminals while introducing multi-factor authentication for high-value transactions to improve security and the experience for tourists and diaspora returnees.
President Tinubu unveils N58.47 trillion 2026 budget
📢 Dear Nigerians, President @officialABAT presented the 2026 budget of N58.47 trillion to a joint session of the National Assembly