FAAC Distributes N2.04tn to Federal, State, and Local Governments for March Revenue
The federal government, states and local government councils shared a total of N2.036 trillion as Federation Account revenue for March 2026. The figure was disc...
Business & Money · Page 22
Economists Respond as Rising Inflation Puts Increased Pressure on Nigerians
Nigerians are increasingly faced with the pain of rising inflation and cost of living as the Iran-United States-Israel war takes ripple effects on Africa’s most...
Aviation Fuel Concerns: Aircraft Owners Say Strait of Hormuz Isn't Our Challenge
President of the Aircraft Owners and Pilots Association, Alex Nwuba, has said the crisis in the Straits of Hormuz is not the challenge of the sector but the glo...
Nigeria's Fuel and Diesel Prices Poised to Fall as Crude Oil Takes a Dive
Domestic prices of petrol and diesel are expected to decline following a sharp drop in global crude oil prices triggered by the reopening of the Strait of Hormu...
Dollar to Naira Exchange Rate Update: Nigerian Currency Faces Its First Dip on April 16, 2026
The Naira on Friday depreciated against the dollar at the official foreign exchange market to end the rally and week on a negative note. The Central Bank of Nig...
"Jet A1 Prices Hit N3,000/Liter: Nigerian Airlines Face Service Shutdown"
Domestic and foreign airlines operating in Nigeria may begin shutting down services from April 20 as the cost of aviation fuel, JetA1, increased to about N3,000...
Nigerian Stocks Surge Again: Investors Enjoy N1.66tn Gain as Market Cap Exceeds N136tn
The Nigerian equities market sustained its bullish momentum on Thursday, delivering a fresh massive gains of N1.663 trillion to investors as market capitalizati...
Dollar to Naira Exchange Rate on April 15, 2026: Nigerian Currency Sees Three Days of Gains
The naira on Wednesday appreciated against the United States dollar at the foreign exchange for the third straight day. Central Bank of Nigeria’s data showed th...
TIME Unveils 2026's Most Influential People: Dangote, Pope Leo XIV, Trump, Xi Jinping, and More Make the List
Renowned African industrialist and philanthropist, Aliko Dangote, has been named among TIME Magazine’s 100 Most Influential People in the World for 2026, reaffi...
Breaking News: Nigeria's Inflation Soars in March
Nigeria’s headline inflation rate rose to 15.38 percent in March 2026, reflecting a slight increase from the 15.06 percent recorded in February. This is accordi...
Benin, Togo, and Niger Rack Up Over N13 Billion in Electricity Debt to Nigeria
Despite Nigeria’s ongoing electricity supply challenges, three West African countries—Benin, Togo, and Niger—failed to fully settle payments for power supplied...
Nigeria Revenue Service Unveils New Headquarters, Praises Tinubu’s Fiscal Reforms
The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, on Tuesday presided over the commissioning of the agency’s new headquarters in Abuja...