Two Children Drown in Edo Floodwater Collection Site
Tragedy struck in Edo State as two children drowned in a muddy floodwater collection site along Erediauwa Street, off Sapele Road, in Ikpoba-Okha Local Government Area. The incident occurred on…
FCTA to Commence Compliance Enforcement on Land Use, Ground Rent Defaulters
The Federal Capital Territory Administration (FCTA) has announced plans to commence strict enforcement against residents and property owners who violate land use regulations and default on ground rent payments in…
Dangote Refinery Raises Petrol Price from N774 to N874
The Dangote Petroleum Refinery has increased its Premium Motor Spirit (PMS) gantry price by N100, raising the ex-depot rate to N874 per litre from the previous N774 per litre. The…
Africa Leads Global Air Travel Growth with 11.7% Surge in January
African airlines recorded the highest international air travel demand growth globally in January 2026, with revenue passenger kilometers (RPK) increasing by 11.7% year-on-year, according to new data released by the…
FG Pushes $10bn Naira–Yuan Swap Deal to Ease Dollar Pressure
The Federal Government (FG) is pushing to expand Nigeria’s existing Naira–Yuan currency swap arrangement with China to $10 billion, a strategic move aimed at easing pressure on the U.S. dollar,…
Sule Flags Off 430 Affordable Housing Units for Workers in Nasarawa
Governor Abdullahi Sule of Nasarawa State has officially performed the groundbreaking ceremony for the construction of 430 affordable housing units for workers in Lafia. The housing project is being executed…
Lagos Residents Groan Under Soaring House Rents
The housing crisis in Lagos has worsened significantly in 2026, with residents paying between ₦900,000 and ₦2.5 million annually for single rooms and self-contained apartments — many lacking basic amenities.…
NGX Group Raises Dividend by 50%, Announces 1-for-3 Bonus Shares
The board of Nigerian Exchange Group Plc (NGX Group) has approved a 50 per cent increase in cash dividend payouts and a bonus share issue following a strong improvement in…
Pension Funds Increase Equity Holdings to N3.96trn as Assets Hit N27.45trn
Nigeria’s pension industry is cautiously expanding its exposure to domestic equities, signalling a gradual shift from its long-standing dominance of government securities. New portfolio data for the period ended December…
Chaos at Lagos Airport Tollgate as FAAN Enforces Cashless Payment Policy
There was heavy gridlock at the tollgate of the Murtala Muhammed International Airport (MMIA) on Sunday following the enforcement of a new cashless payment policy by the Federal Airports Authority…