Major listed brewers in Nigeria generated a combined revenue of over N1.54tn from the sale of beer and other non-alcoholic drinks in the first nine months of 2025, indicating the estimated amount spent by Nigerians on brewery products during the Read more…
There was tension yesterday at the entrance of the Federal Ministry of Finance, Abuja, as protesting local contractors blocked the Minister of State for Finance, Doris Uzoka-Anite, from gaining access to the complex. The protesters, operating under the banner of the Read more…
The Nigerian banking industry is on the last leg of the race to shore up its capital base in response to the Central Bank of Nigeria’s sweeping recapitalisation directive. Announced in March 2024, the policy raised minimum capital thresholds across Read more…
Qatar Airways flight QR 1406, operating from Lagos to Doha, on Friday made an emergency return to Lagos due to a technical issue that occurred in flight. A statement from the airline says “the cockpit crew followed established procedures and landed Read more…
United Nigeria Airlines (UNA) has officially welcomed Professor Madubuko Tochukwu Victor as a Director on its Board, effective January 1, 2026, reinforcing the airline’s commitment to robust corporate governance and strategic expansion. The appointment, ratified at UNA’s Extraordinary General Meeting Read more…
The Central Bank of Nigeria (CBN) has announced that 20 commercial banks have so far met its ongoing recapitalization requirements as of Thursday, January 15, 2026. The update was given by the CBN’s Deputy Governor for Economic Policy, Dr. Muhammad Read more…
Former Anambra State governor and Opposition leader, Peter Obi, has described the $9 million spent on foreign lobbyists by the federal government as evidence of what he called the “disgraceful state of Nigeria,” accusing the country’s leaders of prioritising waste, Read more…
No fewer than 5,000 intending Nigerian immigrants to the United States may be delayed following the new visa restrictions imposed on Nigeria and 74 other countries by President Donald Trump on Wednesday. Data from the US consulate in Lagos show Read more…
Oil assets that Russia develops in Venezuela belong to Russia, which will continue working there, Moscow said on Tuesday, after U.S. President Donald Trump’s claims of control over the South American country. Russia’s Roszarubezhneft firm said that all the company’s Read more…
Presidential candidate of the Labour Party (LP) in the 2023 election, Mr. Peter Obi, has again, said the tax law which took effect on January 1, 2025 should be paused. The former Anambra governor, who made the statement on his X Read more…
The Nigerian Naira has shown relative stability in the early hours of trading today, Tuesday, January 13, 2026, as the currency maintains a narrow range against the US Dollar across both the official and informal markets. Official Market Performance In Read more…
A Chief Magistrate Court, sitting in Osogbo, Osun State, has fixed January 30 for the hearing of a criminal case instituted by the state government against United Bank for Africa Plc (UBA) and four of its top officials over alleged Read more…