US Tariffs Hits Africa: 15% Levy on Nigeria, 30% on South Africa

The President of the United States of America, Donald Trump, has officially imposed a 15 percent tariff on Nigeria, Zimbabwe, Zambia, Uganda, Mozambique, Mauritius, Ghana, Malawi, Lesotho, Madagascar, and other…

NNPC Rules Out Sale of Port Harcourt Refinery, Vows Full Rehabilitation

The Nigerian National Petroleum Company Limited (NNPC) has dismissed speculations about the potential sale of the Port Harcourt Refining Company, affirming its commitment to completing the refinery’s full rehabilitation and…

Adamawa State Government Outlaws Marker Day Celebrations Citing Rising Indiscipline and Moral Decay

  The Adamawa State Government has banned the growing practice by graduating secondary school students called Marker Day. The government attributes the ban to concerns for discipline and morality. The…

Naira’s Two-Day Rally Continues, Appreciates Against Dollar

  The naira continued its appreciation against the dollar at the foreign exchange market on Tuesday. Accordingly, the naira strengthened further to N1,533.18 against the dollar on Tuesday, from N1,534.21…

Food Price Cut: Nigerian Farmers Cry Foul Over Importation of Rice and Maize

  Nigerian farmers have raised concerns over the takeover of imported rice and maize in the country’s markets at the expense of locally made grains. Farmers expressed their frustration in…

Hundreds of Billions of Naira at Stake as Lagos, Ogun States Face Weeks of Power Outages

  Business owners, banks, and manufacturers are set to lose hundreds of billions of Naira as a 25-day blackout begins in Nigeria’s commercial nerve centre, Lagos State. This comes as…

Nigerian stock exchange sees 77% drop in trading activity as market capitalisation rises

Stock market investors exchanged 3.6 billion shares valued at N112.2 billion in 138,250 transactions on the Nigerian Exchange (NGX) Limited over a five-day trading period. This represents a 77.59 percent…

From Garri to Chips: Cassava Processors Eye Global Market

  Cassava processors in Niger State have been encouraged to diversify their products to include cassava chips for export, given the current high global demand, especially in Europe. Making the…

Aliko Dangote Retires as Chairman of Dangote Cement

  Dangote Cement has announced the retirement of its founder and majority shareholder, Aliko Dangote, as Chairman of the Board. The company’s Group Chief, Branding and Communications Officer, Anthony Chiejina,…

Lagos Ranked 14th Best Nightlife City in the World, 2nd in Africa by Time Out Magazine

Lagos has once again secured global recognition for its vibrant social scene, ranking 14th on Time Out Magazine’s 2025 list of the world’s best nightlife cities, and placing second in…