The Lagos State Traffic Management Authority (LASTMA), has expressed concern about worrying surge in road accidents involving dispatch riders and commercial motorcyclists, saying the trend is becoming a major threat to road safety across the metropolis. The warning came during a strategic road safety and regulatory stakeholders’ engagement organised by LASTMA for courier and dispatch …
The Securities and Exchange Commission (SEC) has warned the public against investing in illegal online schemes widely promoted on social media, stating that many of them exhibit signs of Ponzi and other prohibited investment operations. In a public notice issued on Thursday, the Commission said it had observed “the increasing promotion of unregistered online investment …
Petrol imports into Nigeria dropped by 37.3 per cent from 5.9 million litres per day in March to 3.7 million litres per day in April 2026. This comes as local refineries led by Dangote Refinery continued dominance of the domestic market, rising this time to 91.7 percent share of the market. This is according …
Presidential aspirant of the African Democratic Congress (ADC), Dr. Mohammed Hayatu-Deen, has dismissed zoning as the key factor in choosing Nigeria’s next president, insisting that competence and the ability to unite the country should determine leadership ahead of the 2027 election. Hayatu-Deen spoke on Wednesday at the ADC National Secretariat in Abuja after submitting his …
Pioneer Airline, owned by the Bayelsa State government, has received its Air Operator Certificate (AOC) from the Nigeria Civil Aviation Authority (NCAA), officially authorizing it to begin commercial flight operations. The AOC, presented on May 13, 2026, is a major regulatory milestone that confirms the airline has met all necessary safety and operational standards to …
Rivers State Governor, Siminalayi Fubara, has dismissed reports linking him to the Nigeria Democratic Congress (NDC), insisting that he remains a member of the All Progressives Congress (APC). Fubara stated this on Wednesday during an inspection of the newly completed General Hospital and the remodelled Neuropsychiatric Hospital in Rivers State amid growing political realignments ahead …
Former Labour Party presidential candidate, Peter Obi, has reiterated his promise to serve only one term if elected president, insisting that no circumstance would make him remain in office beyond four years. Obi made the remark in an interview on News Central TV. According to him, Nigeria needs stability and leadership focused on wealth creation …
The Debt Management Office (DMO) has listed a ₦47.355 billion Series III Sovereign Green Bond on the Nigerian Exchange Limited (NGX) and the FMDQ Securities Exchange Limited, in a move aimed at expanding climate-focused financing in the country. The bond, which carries an 18.95 per cent interest rate and is due in June 2030, was …
The Federal Government plans to raise ₦600 billion through a fresh bond auction, as it seeks to finance government operations and manage public debt. The Debt Management Office (DMO) announced the offer in a circular released on Wednesday, May 13. It stated that on behalf of the Federal Government of Nigeria (FGN), it is offering …
The Securities and Exchange Commission (SEC) has unveiled an ambitious push to anchor Nigeria’s capital market on data, artificial intelligence and technology-driven regulation, saying the shift is critical to attracting domestic and foreign investment. The Director-General of SEC, Emomotimi Agama, disclosed this on Wednesday at the FSDH Investor Conference 2026 in Lagos, where he outlined …
