Nigeria recorded a sharp rebound in foreign capital inflows in the third quarter of 2025, with total capital importation rising to $6.01 billion, a 380.16 per cent jump from the $1.25 billion posted in the same period of 2024. This is according to a review of the Nigeria Capital Importation report for the third quarter …
The Bank of Industry (BOI) announced on February 9 that it has secured regulatory approval from the Central Bank of Nigeria to operate a Non-Interest Banking (NIB) Window. The announcement, however, has since sparked a wave of reactions from Nigerians. According to BOI, the NIB window will expand access to ethical, asset-backed, interest-free financing designed …
Kano Electricity Distribution Company (Kano DisCo) has called for urgent intervention of the Federal Government in the electricity supply challenges faced by northwestern states under its franchise due to limitations in power transmission from the Transmission Company of Nigeria (TCN) and the National Grid. In a statement, the Kano DisCo urged the Federal Government to …
Ahead of the beginning of 2026 Lenten season, head of the Roman Catholic Church, Pope Leo XIV, has admonished Christians all over the world to avoid using harsh words that hurt their neighbours in order to create an atmosphere of peace and hope. The Pope gave the exhortation in his message for Lent 2026, which …
... Signs $14bn MOU with 42 companies For six years, Kebbi State counted its losses in silence. Before the festival’s suspension in 2020, the Argungu Fishing Festival drew between 30,000 and 50,000 visitors per edition. Hotels filled up weeks in advance. Traders recorded their best annual sales in four days. Transporters doubled fares and …
A Nigerian computer engineering graduate, Oluwagorom Smyth Alasonye Nosike, has recounted a harrowing five-year imprisonment for crimes he insists he did not commit. He shared his story on Facebook, highlighting how a single night in 2019 changed the course of his life. After relocating to Lagos in 2019, Nosike moved in with a former schoolmate …
The Federal Government has said 2026 will signal the full rollout of the Nigeria First policy, moving the initiative from the planning stage to concrete, measurable implementation. This was disclosed by the Federal Ministry of Industry, Trade and Investment (FMITI) in its 2026 Outlook Summary. It said it will focus on practical measures to prioritise …
The Nigeria National Petroleum Company Limited (NNPC) has declared that it generated ₦60.517 trillion in revenue and ₦5.76 trillion as profit after tax in 2025. The national oil firm made this known in the NNPC Limited Monthly Report Summary for December 2025, released on Thursday, February 12. According to the report, crude oil and condensate …
The Federal Government has redeployed police officers previously assigned to VIP protection to vulnerable communities in Kwara State following a wave of deadly terrorist attacks. The move forms part of renewed security measures aimed at restoring confidence and strengthening protection in affected areas. In a statement issued on Friday, February 13, the Minister of Information …
Nigerian skitmaker and musician, Nasiru Lawal, popularly known as Nasboi, has opened up about a recent heartbreak that left him emotionally shaken, declaring that he will not be giving love another chance anytime soon. The entertainer, best known for his hit song 'Short Skirt', shared his feelings in a post on his X (formerly Twitter) …
