In the first three quarters of 2025, the Nigerian Exchange (NGX) has shown remarkable resilience, marked by an overall positive performance despite challenges posed by global economic uncertainties and local inflationary pressures. The NGX All-Share Index recorded a notable growth of 8.5% year-to-date, reflecting strong earnings reports from key sectors, including telecommunications, banking, and energy. …
As the festive season approaches, Nigerians travelling to various parts of the country are trapped, clearly facing a difficult choice between paying high airfares or risking dangerous road travel. Nigerian roads have become increasingly unsafe due to the spate of kidnapping and armed robbery. While highway armed robbers often launch random attacks, kidnappers target the …
As economic hardship continues to push more Nigerians into food insecurity, the Walkiya Humanitarian Foundation on Saturday in Abuja called on the Federal Government and corporate organisations to institutionalise social responsibility initiatives aimed at supporting vulnerable citizens who struggle to afford basic meals. The call was made by Dr Dominic Egwuda, Executive Director of Walkiya …
An estimated ₦22 billion investment in girls’ education could prevent over 327,000 child marriages, avert more than 35,000 adolescent pregnancies, and save thousands of young lives in Northern Nigeria, experts revealed during a high-level stakeholders’ meeting in Abuja. Education specialists, government officials, and development advocates warned that failing to protect adolescent girls from dropping out …
Nigeria’s external reserves have witnessed a surge in recent times, reaching a seven-year high of $46.7 billion as of November 14. According to the Central Bank of Nigeria (CBN), the figure can provide 10.3 months of import cover in goods and services. The CBN Governor, Olayemi Cardoso, hinted at this at the 20th Anniversary of …
The National Agency for Food and Drug Administration and Control (NAFDAC) destroyed counterfeit, expired, and substandard products valued at over ₦5 billion in Nasarawa State on Thursday. The move aims to protect Nigerians from unsafe consumer goods. The items, seized from Nasarawa, Benue, Kogi, Niger, and Plateau States, were dismantled and set ablaze at the …
The Nigeria Immigration Service (NIS) has announced routine maintenance on its Passport Digital Platform to improve system performance and user experience. In a statement on Friday in Abuja, the Service Public Relations Officer, Mr. Akinsola Akinlabi, said the exercise would run from 12:00 a.m. on December 12 to 6:00 a.m. on December 14. During this …
At the Abuja Central Medical Store (ACMS), normally a hub supplying drugs to 14 secondary hospitals across the FCT, silence had replaced routine. Trolleys stood idle, and medical consumables untouched. Patients needing drugs, tests, and emergency care became the latest victims of Nigeria’s health sector shutdown. For residents, the nationwide strike by the Joint Health …
Minister of Petroleum Resources (Gas), Ekperikpe Ekpo, has said the newly unveiled digital platform for Gas Trading Licence, and the Clearing House & Settlement Authorisation will enhance transparency of Nigeria’s gas market and offer a framework that aligns with global best practices. Ekperikpo stated this during the official unveiling of the GTL platform on Thursday, …
Nigeria’s crude oil production recorded a slight increase from 1.401 million barrels per day (bpd) in October to 1.436 million bpd in November 2025. This reflects a 35,000 bpd month-on-month increase. This is according to the Organisation of Petroleum Exporting Countries (OPEC) Monthly Oil Market Report (MOMR) released on Thursday, December 11. OPEC said the …
