NCC urges intellectual property studies in Nigerian universities
The Nigerian Copyright Commission, led by Dr. John Asein, advocates for integrating intellectual property education into Nigerian university curricula to […]
Business and Economy
DStv faces Warner Bros. Discovery channel loss in 2026
DStv subscribers face the potential loss of 12 Warner Bros. Discovery channels, including CNN and Cartoon Network, from January 1,
House probes N30bn NSIPA funds after Tinubu suspension
Nigeria’s House of Representatives has launched a probe into the N30bn recovered from the National Social Investment Programme Agency (NSIPA),
Reps demand N30 billion NSIPA funds to TSA
The House of Representatives demands N30 billion NSIPA recovered funds be remitted to the Treasury Single Account, emphasizing fiscal discipline
Delta budgets N75bn for road projects across LGAs
The Delta State Government plans to invest ₦75 billion in road projects across its 25 local government areas, as announced
Tony Elumelu cancels annual TOE all-white party after Afriland Towers Lagos fire
Tony Elumelu and Awele Elumelu cancelled their annual TOE All-White Party in Lagos, honoring six staff members tragically killed in a September fire at Afriland Towers, opting for a season of reflection instead of celebration.
FG establishes $100m scheme for Nigerian oil firms
The Federal Government has launched a $100 million equity investment scheme to bolster indigenous Nigerian oil companies, aiming to enhance
Tony Elumelu cancels party after Afriland Towers fire
Tony Elumelu has cancelled his annual All-White Party to honor six staff members who tragically died in a September fire
NBS reports fuel price drop in Nigeria
The National Bureau of Statistics reported an 11.18% year-on-year drop in Nigeria’s petrol prices and a 2.96% decrease in diesel
Naira dips slightly to N1,448.43 per dollar
Naira opened the week with a slight depreciation, trading at N1,448.43 per dollar at the official foreign exchange market, down by N1.69 or 0.1 per cent from Friday’s rate of N1,446.74. Analysts described the movement as a normal adjustment, noting that the currency remains far more stable than in previous months. Investors have commended the improved confidence and transparency in the market, while CBN Governor Olayemi Cardoso said reforms have reduced opacity, curbed manipulation and restored discipline. Speaking at the 2025 60th Annual Bankers Dinner in Lagos, he noted that the Naira now trades within a narrow range and that the gap between official and parallel market rates has dropped to under 2 per cent, down from over 60 per cent. He added that “sustained reforms and consistent policies are essential to maintaining stability, boosting investor confidence, and supporting Nigeria’s broader economic growth objectives.”