Nigeria caps jet fuel prices to avert airline disruptions
Nigeria’s government is capping jet fuel prices and allowing airlines to buy supplies on credit, according to a government document seen by Reuters, as it tries to avert flight disruptions…
Lagos unveils ‘Library on the Lagoon’ to promote blue economy
The Lagos State Government has strengthened its environmental sustainability drive with the introduction of the ‘Library on the Lagoon,’ an innovative initiative, designed to deepen public engagement within the state’s…
Nigeria’s Public Debt Hits N159.28 Trillion in Q4 2025 as Lagos Leads State Debt Profiles
Nigeria’s total public debt stock climbed to N159.28 trillion ($110.97 billion) in the fourth quarter of 2025, marking a 3.90% increase from the N153.29 trillion recorded in the previous quarter….
Jet Fuel Crisis: A boon For Nigeria’s Dangote, But Not For Local Airlines
Nigeria’s giant Dangote refinery is benefiting from record margins for producing jet fuel that it is mostly selling abroad, while the domestic airlines it also supplies have threatened to stop…
UBA delivers core income growth in Q1 2026, gross earnings jump to N801.bn
United Bank for Africa Plc has released its unaudited financial results for the first quarter ended March 31, 2026, demonstrating resilient operating performance and continued balance sheet strength despite a…
Samsung S26 Series: Innovation meets accessibility on Konga
The Samsung Galaxy S26 series has made a confident statement of intent; a flagship line-up that blends refined design, intelligent performance, and forward-looking innovation into one cohesive experience. Nigerian consumers…
Adeleke’s Green Revolution: 400,000 Cocoa Seedlings Planted as Osun Eyes Global Export Market
By: Theresa Igata …Set to Topple Ondo, Cross River as a frontline cocoa producer Governor Ademola Adeleke has unveiled a massive agricultural expansion report, revealing that his administration has planted…
Major Aviation Industry Boost: Tinubu Slashes Debts for Domestic Airlines as Nigeria Sets ICAO Safety Rating Record
In a dual milestone that dramatically repositions Nigeria’s aviation sector, President Bola Tinubu has approved a sweeping 30 per cent debt relief on outstanding statutory fees for domestic airlines, just…
Perspectives on banks’ recapitalisation and economy, by Arize Nwobu
The Central Bank of Nigeria( CBN) has been proactive and methodical in formulating policy measures to stabilise and boost the economy towards achieving sustainable growth. The Bank started by first…
Sierra Leone signs $225 million offshore oil agreement with Nigeria’s Marginal Energy
Sierra Leone said on Thursday it had signed a petroleum license agreement with Nigeria‑based Marginal Energy Limited, granting the company offshore exploration and production rights as the government seeks to…