News

Nigeria’s average petrol price rises to N1,532.93/litre in April 2026 — NBS

Economy, Life & Work, News /

  Nigeria’s inflationary pressure on transport fuels intensified further in April 2026 as the average retail price of Premium Motor Spirit (PMS), commonly known as petrol, surged to N1,532.93 per litre nationwide. This was disclosed in the latest Premium Motor Spirit (Petrol) Price Watch report released by the National Bureau of Statistics. According to the […]

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UNCTAD: Global renewable energy transition will require over $1 trillion yearly by 2030

Economy, Life & Work, News /

  The United Nations Conference on Trade and Development (UNCTAD) has said the global transition to renewable energy will require more than $1 trillion in annual investments by 2030, warning that developing economies may struggle to meet climate and energy targets without stronger foreign direct investment inflows and wider access to clean technologies. The disclosure

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Aviation expert says Nigeria’s reforms improving investor confidence but leasing activity still limited

Corporate, Life & Work, News /

  For the past two to three years, Nigeria’s aviation sector has recorded several regulatory milestones, including exiting the Aviation Working Group (AWG) watchlist and achieving a 75.5% compliance score on the Cape Town Convention (CTC) Index, reflecting improved alignment with global aircraft leasing standards. These gains have been driven by reforms to key legal

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Nigeria Launches AI Platform ‘GovGuideNigeria’ to Simplify Access to Government Services

Life & Work, News /

  The Federal Government has launched an artificial intelligence-powered platform, GovGuideNigeria, designed to simplify how Nigerians access government information and public services across ministries and agencies. The initiative was announced on Thursday by the Minister of Communications, Innovation and Digital Economy, Bosun Tijani, who said the platform forms part of broader efforts to enhance public

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FCCPC seals two Abuja real estate firms over alleged consumer refund, property disputes

Life & Work, News /

  Federal Competition and Consumer Protection Commission has sealed off two additional real estate companies over alleged failure to comply with regulatory directives tied to consumer complaints involving refunds and undelivered properties. The enforcement action, carried out with security operatives, targeted Ochacho Group Worldwide and Ti-Bilon following what the Commission described as repeated non-compliance with

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Rising logistics, energy costs pushing Nigerian MSMEs out of export market – Report

Corporate, Economy, News /

High logistics and energy costs are increasingly forcing Micro, Small and Medium Enterprises (MSMEs) out of Nigeria’s non-oil export market, according to the newly released 3T Impex Non-Oil Export Index Report 2026. The report, authored by Bamidele Ayemibo and published by 3T Impex Trade Consulting, analysed 87,824 export transactions recorded between 2021 and 2025, alongside

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Coronation Insurance Plc Wins Best Customer Care Award in Insurance & Risk Management

Insurance, News /

Coronation Insurance Plc has been named the winner of the “Best Customer Care Awards 2026 – Insurance & Risk Management” at the 15th edition of the West Africa Innovation Awards, which held on Thursday, May 7, 2026, at the WaterCress Events Centre, Ikeja, Lagos. This recognition highlights Coronation Insurance Plc’s continued commitment to delivering exceptional

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NCDC Intensifies Disease Surveillance as Global Hantavirus Outbreak Raises Health Concerns

News /

The Nigeria Centre for Disease Control and Prevention (NCDC) has intensified disease surveillance measures across the country following growing international concern over a recent Hantavirus outbreak linked to cruise ship travel involving multiple countries. Director-General of the NCDC, Dr. Jide Idris, disclosed this in a public health advisory issued on Friday, reassuring Nigerians that there

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Senate Reverses Parts of Amended Standing Orders Over Constitutional Concerns

News /

  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

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FG Targets Three Million Jobs Annually to Tackle Youth Unemployment

News /

  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

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