In a decisive push to tackle Nigeria’s deepening housing deficit, the Federal Ministry of Housing and Urban Development has unveiled a strategic plan to transition from policy frameworks to large-scale housing delivery by training top government officials and private developers on Public-Private Partnerships (PPPs) and joint venture financing. This development was disclosed in a press …
The African Export-Import Bank (Afreximbank) has reported robust financial performance for the year ended December 31, 2025, highlighting strong balance sheet growth, increased investor confidence, and sustained execution of its strategic priorities across Africa and the Caribbean. The Bank said its total assets and contingencies rose by 21 percent to $48.5 billion from $40.1 billion …
The U.S. Department of State has authorised the departure of non-emergency embassy staff and their families from Abuja and expanded its list of high-risk states, in a significant escalation of its travel warning on Nigeria amid worsening security and health concerns. While maintaining its Level 3 “Reconsider Travel” advisory, U.S. authorities say the latest update …
The Dangote Petroleum Refinery has reversed its recent petrol price hike, returning the ex-gantry price to N1,200 per litre. The 650,000 barrels per day refinery had on Tuesday, April 7, raised its petrol price to N1,275, a N75 increase in response to global crude oil price volatility caused by the ongoing Middle East conflict. The …
In a strategic move to resonate with Nigeria’s vibrant youth culture, MAGGI has unveiled rising music star Qing Madi as the face of its latest campaign, tagged “Me & MAGGI, So Good Together.” The unveiling took place at Nestlé Nigeria’s Head Office in Lagos, marking a shift in how the brand engages with Gen Z. …
A remark by the Minister of the Federal Capital Territory, Nyesom Wike, that he would have “shot” a television anchor has triggered a wave of outrage, drawing condemnation from media organisations, civil society groups and opposition figures, while reopening concerns over press freedom and political intolerance in Nigeria. The controversy followed a media chat in …
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC) Engr. Bashir Bayo Ojulari, has attributed the growth of crude oil production in the country in the last four years to improved security of oil pipelines in the Niger Delta. He said the establishment of the integrated energy security for pipelines in the …
The Dangote Petroleum Refinery has again adjusted its ex-depot fuel prices, reflecting the intense volatility currently gripping the global energy market. Effective immediately, the gantry price for Premium Motor Spirit (PMS), also known as petrol, has been raised to ₦1,275 per litre, while Automotive Gas Oil (AGO), commonly known as diesel, has jumped to ₦1,950 …
The Senator representing Bayelsa West Senatorial District and national leader of the Nigeria Democratic Congress (NDC), Seriake Dickson, says the party is open to politicians looking for a new platform amid shifting political dynamics in the country. The NDC, which was registered by the Independent National Electoral Commission (INEC) in February 2026, has begun early …
As Nigeria joins the world to mark World Health Day 2026, health experts and advocacy groups have warned that the country’s health system is under serious threat posed by chronic underfunding, weak policy implementation, and a rising disease burden. The Corporate Accountability and Public Participation Africa (CAPPA) has called on governments at all levels to …
