Economy

US bought $578m Nigerian crude in first quarter of 2026 — Report

  The United States spent $578.78 million on crude oil imports from Nigeria in…

Mexico moves to protect nationals involved in Gaza aid flotilla

Mexico's Foreign Ministry on Friday announced intensified efforts to safeguard the rights and security…

Lagos electricity regulator licenses 14 operators to boost power market

  The Lagos State Government, through the Lagos State Electricity Regulatory Commission, has reaffirmed…

Lagos govt advances electricity market reforms, licenses 14 operators

The Lagos State Government, acting through the Lagos State Electricity Regulatory Commission, has reiterated…

Passengers across 12 countries traced after fatal hantavirus outbreak

Health authorities remain confident that the recent hantavirus outbreak linked to a cruise ship…

CAC launches direct payment system on portal

  The Corporate Affairs Commission has introduced a direct payment option on its portal,…

Price of 50kg local rice jumps to N112,000 in February — NBS

  The average price of a 50kg bag of local rice rose by 20.5…

US influencer charged over alleged alligator shooting livestream

Controversial social media personality, Clavicular, has been charged in the United States over an…

Dangote refinery hikes petrol price to N1,350 per litre

  Dangote Refinery has effected another upward price adjustment, raising its ex-depot price of…

Nestoil threatens to sue FirstBank, media houses over alleged blackmail

Nestoil Limited has dismissed recent media reports suggesting that banks’ suspension of dividend payments…

Oil prices ease slightly as Hormuz tensions, global markets react

Crude oil prices recorded a modest decline ahead of the opening of European markets,…

Nearly 900 S’Korean Air Force pilots resign for higher airline pay

Close to 900 pilots from South Korea’s Air Force have left military service over…

Spirit Airlines set to shut down operations after failed rescue talks

Bankrupt low-cost carrier, Spirit Airlines, is preparing to halt its operations around 9 a.m.…

‘Rice cannot replace governance’, Atiku mocks Tinubu

Former Vice President, Atiku Abubakar, has taken a swipe at the administration of President…

Blackout looms in Lagos as plant suffers alleged failure

Electricity supply across Lagos has allegedly come under significant pressure following an abrupt shutdown…