Fresh industry insights have revealed that Nigeria’s telecom sector is facing increasing pressure in major urban centres, with network congestion threatening service quality in areas such as Ikeja and Gwarinpa despite notable improvements in rural connectivity. The findings were contained in two reports produced by Ookla on behalf of the Nigerian Communications Commission: “Connectivity […]
The Senate of Nigeria has reversed parts of its recently amended Standing Orders following concerns that some provisions could conflict with the 1999 Constitution. The reversal came just two days after the Senate amended sections of its rules to restrict eligibility for principal offices — including the Senate Presidency — to lawmakers serving a
Senate Reverses Parts of Amended Standing Orders Over Constitutional Concerns Read More »
The Nigeria Police Force, through the INTERPOL National Central Bureau Abuja, has arrested and repatriated a Chinese fugitive, Xu Qing, over his alleged involvement in a $245 million Ponzi scheme. According to a statement issued by the police, Chinese authorities had declared Xu Qing wanted for allegedly masterminding a large-scale financial fraud involving the
Nigeria Police Arrest, Repatriate Chinese Fugitive Over Alleged $245m Ponzi Scheme Read More »
OPay partnered with the Central Bank of Nigeria during the Global Money Week 2026 Financial Literacy Fair and Exhibition held at the CBN headquarters in Abuja to promote financial awareness and responsible money management among young Nigerians. The event, themed “Smart Money Talks,” brought together students from several secondary schools across the Federal Capital
OPay Partners CBN to Promote Financial Literacy Among Nigerian Students Read More »
The Nigerian Correctional Service (NCoS) has escalated its fight against contraband in custodial centres, publicly destroying 1,167 confiscated mobile phones and other prohibited items in a nationwide enforcement drive. Controller-General Sylvester Nwakuche, who led the exercise, said the destroyed items included smartphones, iPhones, and basic feature phones recovered during coordinated operations over the past
Nigeria Intensifies Crackdown on Prison Contraband, Destroys 1,167 Mobile Phones Read More »
The Federal Government has reaffirmed its commitment to addressing youth unemployment, setting a target of creating three million job opportunities annually as part of efforts to harness Nigeria’s growing youthful population for national development. The commitment was highlighted at the inauguration of the Youth Policy Dialogue Series themed “Exploring Strategies for Effective Implementation of
FG Targets Three Million Jobs Annually to Tackle Youth Unemployment Read More »
An energy policy expert, Samuel Caulcrick, has cautioned that any move by the Federal Government to reintroduce petroleum subsidies through crude supply to local refineries could trigger a resurgence of cross-border fuel smuggling and undermine recent gains from deregulation. Speaking in Lagos, Caulcrick said such interventions, though aimed at easing domestic fuel costs, could end
Expert Warns Against Fuel Subsidy Return, Proposes Digital Alternative Read More »
The Federal Government has announced plans to establish a $500 million annual funding mechanism for research and innovation as part of efforts to reposition Nigeria’s economy through science, technology and homegrown solutions. Minister of Education, Tunji Alausa, disclosed this while briefing journalists following a recent Federal Executive Council (FEC) meeting, where approval was granted
FG Unveils $500m Annual Research Fund to Drive Innovation, Economic Growth Read More »
Dangote Petroleum Refinery and Petrochemicals Limited has dismissed reports of an increase in the ex-depot price of Premium Motor Spirit (PMS), stating that its pricing remains unchanged. The clarification follows circulating reports suggesting that the refinery had raised the ex-depot price of petrol to ₦1,350 per litre from ₦1,275, a move that would have
Dangote Refinery Denies Petrol Price Hike, Maintains ₦1,275 Ex-Depot Rate Read More »
Sundry Markets Limited has hosted its MSME fair, Retail Ready 1.0, aimed at empowering and supporting micro, small and medium enterprises (MSMEs) operating within Nigeria’s retail value chain, with business grants worth ₦10 million awarded to outstanding participants. The event brought together key stakeholders across the country’s business ecosystem, including the Bank of Industry
Sundry Markets Hosts MSME Fair, Awards ₦10m Grants to Boost Retail Businesses Read More »
