Currency Surge: Nigerian Naira Strengthens Significantly Day-Over-Day and Week-Over-Week

  The Naira recorded a massive appreciation against the United States dollar across official and parallel foreign exchange markets to end the week on an impressive note. The Central Bank…

Dangote Refinery Faces Operational Hurdles as Key Conversion Unit Remains Offline

  Dangote Refinery is grappling with a refining capacity challenge following the prolonged shutdown of its Residual Fluid Catalytic Cracker, RFCC, according to global commodities intelligence firm Kpler. The challenge…

Gold blasts past $5,100 to record high on safe-haven rush

Gold surged to a record high above $5,100 an ounce on Monday, January 26, extending a historic rally as investors piled into the safe-haven asset amid rising geopolitical uncertainties.  …

Anambra’s Move to Pay Pro-Rata Salaries Signals End of Monday Sit-at-Home

The Anambra State government has announced that it will begin pro‑rata salary payments for civil servants from February 2026, marking a major policy shift aimed at ending the long‑running Monday…

Agriculture Expert Blames Low-Quality Rice for Global Market Struggles

  An agriculture expert and Executive Director of the Foundation for Sustainable Smallholder Solutions, FSSS, Isaiah Gabriel, has explained that poor access to high-quality rice varieties is a major reason…

IMF upgrades Nigeria’s 2026 growth outlook to 4.4%

The International Monetary Fund has upgraded Nigeria’s economic growth forecast to 4.4 per cent in 2026, citing improved macroeconomic conditions and sustained reform momentum.       The revised projection…

FG opens 2026 overseas scholarship for postgraduate studies

The Federal Government has opened applications for the 2026 Petroleum Technology Development Fund (PTDF) Overseas Scholarship Scheme, offering Nigerian postgraduate students the opportunity to pursue studies in the United Kingdom,…

Hike in Cement Costs to Ignite Housing Rent Spikes Across Nigeria

  Nigerians are in for another round of trouble as the prices of Dangote Cement, Mangal, and others have skyrocketed significantly in January 2026. UGAMATV reports that the price of…

Nigerian monarch, Prof. Ekelekamchukwu Alphonsus Ngwadom, convicted and sentenced for $70,000 Medicaid fraud in US

A Nigerian traditional ruler, Dr. Ekelekamchukwu Alphonsus Ngwadom, has been convicted and sentenced for committing Medicaid fraud in the United States after billing dozens of minors for therapy they never…

Northern elders oppose location of national gold refinery in Lagos; condemn policy that “extracts mineral wealth from one region while systematically locating value addition elsewhere”

The Northern Elders Forum (NEF) have accused the federal government of locating “the National Gold Refinery” in Lagos State.   The NEF published an open letter signed by its spokesperson,…