Iran-Israel Conflict: Petrol May Hit ₦1,000/Litre as Global Oil Prices Surge
Petrol prices in Nigeria could rise to ₦1,000 per litre this week as global crude oil prices approach $80 per barrel. The spike follows rising tensions in the Middle East…
ATM Withdrawals Drop as POS Agents Process ₦223tn Transactions
Point of Sale (POS) terminals processed transactions worth ₦223.27 trillion in 2024, doubling the ₦110.35 trillion recorded in 2023. This is according to data from the Central Bank of Nigeria’s…
Buratai Predicts Better Security Nationwide in Two Years Under Tinubu
Former Chief of Army Staff, Lt. Gen. Tukur Buratai (Rtd), has expressed confidence that Nigeria’s security situation will improve within the next two years under President Bola Tinubu’s leadership. Speaking…
NCC Approves Airtime Deductions for USSD Bank Charges
Starting June 3, 2025, Nigerians using USSD banking services will have the charges deducted directly from their mobile airtime, not their bank accounts. This follows a new directive from the…
Presidency Defends Borrowing, Says ‘No Sin in Taking Loans’
The Presidency has defended its growing loan requests, stating that borrowing is not a crime if funds are used wisely. Presidential aides made this clear during a media briefing in…
FG Plans Mandatory Workers’ Compensation Scheme Nationwide
The Nigeria Social Insurance Trust Fund (NSITF) has launched a sensitisation campaign to ensure the full implementation of the Employees’ Compensation Scheme (ECS) across the federal civil service. NSITF Managing…
Eight Arrested Over Death of Two-Month-Old Baby in Kwara
The Kwara State Police Command has arrested eight suspects in connection with the tragic death of a two-month-old baby, Adam Tahiru, who was found inside a domestic well in Ilorin.…
PRP to NASS: Turn Down Tinubu’s New Loan Proposal
The Peoples Redemption Party (PRP) has called on the National Assembly to reject President Bola Tinubu’s new foreign loan request, warning that continued borrowing without transparency is putting Nigeria’s future…
Tinubu Approves Executive Order to Cut Oil Project Costs
President Bola Tinubu has signed a new Executive Order aimed at cutting the high costs of oil and gas projects in Nigeria, improving government revenue and attracting more investment into…
SEC Warns: Ponzi Schemes Gaining More Attention Than Real Investments
The Securities and Exchange Commission (SEC) has raised fresh concerns over the continued rise in Ponzi scheme investments among Nigerians, despite the availability of safer and regulated options. Speaking during…