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Oil Production: Nigeria Again Exceeds OPEC Quota In 2025

FEATURES·Markets·Nigeria·Oil & Gas·Top Stories

6 Things Nigerians Should Know About the Current Oil Market Trends

March 9, 2026

The global oil market is once again at the centre of international attention as rising geopolitical tensions in the Middle East trigger sharp price swings. As of March 2026, the confrontation involving the United States, Israel and Iran has pushed

Business·Finance & Economy·News·Top Stories

FG Introduces 1% Presumptive Tax on Informal Businesses to Expand Nigeria’s Tax Net

March 9, 2026

by Amanze Chinonye

The Federal Government has introduced a one per cent presumptive tax on the annual turnover of certain informal sector businesses as part of a broader fiscal reform aimed at widening Nigeria’s tax base and improving revenue generation. The policy, introduced

Business

Business·Top Stories

Aliko Dangote, Abdulsamad Rabiu Net Worth Rise, Adenuga, Otedola Drop On Africa’s Billionaire List

March 9, 2026

Abdulsamad Rabiu, the founder of BUA Group, Mike Adenuga, the founder of Globacom, and Femi Otedola, the chairman of First HoldCo, changed position on

Business·News·Nigeria·Security·Top Stories

Sit-at-Home: Some Anambra Traders Reopen Shops but Fear Attacks Amid Lack of Security

March 9, 2026

Some traders in Anambra State opened their shops on Monday despite lingering fears of possible attacks, as authorities intensify efforts to end the weekly

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Top Stories

Dollar Trades At N1,417/$ In Black Market, N1,393/$ In Official Window

March 6, 2026

The black market traders recorded a N3.21 kobo decline in the foreign exchange (FX) rate for the United States dollar (USD), which slightly increased

Business·Power·Top Stories

Each Nigerian Paid Nearly ₦19,000 to Electricity DisCos in December 2025

March 6, 2026

On average, each electricity consumer in Nigeria contributed about ₦18,860 to distribution companies (DisCos) in December 2025, the Nigerian Electricity Regulatory Commission (NERC) reported

John Holt, CWG, Others End Nigerian Stock Market Losing Streak With N141.70bn Gain

Business·Top Stories

Nigerian Stock Market Valuation Rises By N119bn

March 6, 2026

The Nigerian Exchange (NGX), also known as the stock market, recorded a N119.03 billion gain on Friday, March 6, after the market valuation of

Politics

FEATURES·Politics·Top Stories

7 Possible Outcomes of the PDP Reconciliation Efforts Led by Bala Mohammed

March 9, 2026

Nigeria’s main opposition party, the Peoples Democratic Party (PDP), has been grappling with deep internal divisions since the aftermath of the 2023 general elections. Disputes over leadership, presidential ambitions, and factional loyalties have continued to strain relationships among some of the party’s most influential figures. In response, a new reconciliation push has emerged, led by Bala Mohammed, the governor of

Opinion·Politics

The Bwala Interview and the Limits of Political Damage Control

March 9, 2026

In a recent interview on Al Jazeera’s Head to Head programme, Daniel

News·Politics·Top Stories

Appeal Court Dismisses Turaki Faction’s Appeal, Upholds Suspension of Anyanwu, Three Others in PDP Crisis

March 9, 2026

The Court of Appeal in Abuja on Monday dismissed an appeal filed

News·Nigeria·Politics·Top Stories

APGA Asks Defecting Lawmakers Abaribe, Ikwechegh to Vacate National Assembly Seats

March 8, 2026

The All Progressives Grand Alliance (APGA) in Abia State has called on

Nigeria·Politics·Top Stories

PDP Elects New Local Government Leaders in Bayelsa

March 8, 2026

The Peoples Democratic Party (PDP) in Bayelsa State has elected new leaders

Entertainment

Emmys 2025: ‘Adolescence’ Win Big, Full Winners List

September 15, 2025

The 2025 Emmy Awards were handed out Sunday, with Adolescence, The Studio, The Pitt, and The

Entertainment

How To Vote For AFRIMA 2025

September 9, 2025

The countdown to AFRIMA 2025 has officially begun as the All Africa Music Awards announced that

Entertainment

Full AFRIMA 2025 Nominations List: Davido, Burna Boy Lead List

September 5, 2025

The wait is over! The African Music Awards (AFRIMA) 2025 nominees list has been officially released,

Entertainment

AFRIMA 2025 Nominees List Unveiled: Voting Details, Top Contenders

September 5, 2025

The African Music Awards (AFRIMA) 2025 nominees list is finally here, music fans across the continent

Entertainment

Court Orders Mohbad’s Wife To Run DNA On Their Son

September 4, 2025

A Lagos State Magistrate Court sitting in Ikorodu, on Tuesday, September 2, 2025, ordered a DNA

Technology

Google Stabs Self, Confesses More People Using Social Media Than Search Engine

News·Technology·Top Stories

Google Expands AI Search in Nigeria with Yorùbá, Hausa Language Support

March 6, 2026

Technology giant Google has rolled out support for the Yorùbá and Hausa languages in its artificial intelligence-powered search features in Nigeria, a move aimed

Nigerian Govt Launches 'Build-A-Thon Program', Seeks Visionary Educators To Foster Tech Innovation In Schools

News·Technology

FEC Approves GIS-Enabled Alphanumeric Digital Postcode System for Nigeria

March 5, 2026

The Federal Executive Council (FEC) has approved the implementation of a Geographic Information System (GIS)-enabled alphanumeric digital postcode system aimed at modernising Nigeria’s national

Business·Finance & Economy·Labour·News·Nigeria·Technology·Top Stories

Tinubu Envisages Lebara to Transform Nigeria’s Digital Space, Create Jobs

February 28, 2026

President Bola Ahmed Tinubu has welcomed the launch of Lebara Nigeria, describing it as a signal of investor confidence in the country’s digital economy,

Africa·News·Technology

Dozens of Ghanaians Killed Fighting in Ukraine War

February 28, 2026

Dozens of Ghanaians have been killed while fighting in the war in Ukraine, with two others currently held as prisoners of war, Foreign Affairs

News·Technology·Top Stories·World News

US Denies Selling AI Chips to China Amid Security Concerns

February 25, 2026

A high-end Nvidia chip that can train and run artificial intelligence systems has not yet been sold to Chinese firms, a US Commerce Department

Sport

Opinion·Sports

21km Dusted: Today I Chased Miles, Not Speed

March 8, 2026

By Osita Chidoka Today in for the first time since 2022, I ran 21 km in 2 hours 53 minutes, at a pace of 8:10 per km, keeping my average heart rate at 137 bpm. It meant slowing down deliberately (running and walking at intervals)to keep my heart rate under 140. After years of running fast, I am now learning

Opinion·Sports

At 54, Approaching 55, I Have Begun to Rethink What Fitness Means

March 8, 2026

By Osita Chidoka For years, I wore speed like a badge of

Sports·Top Stories

Champions League: Real Madrid Punished for Supporter’s Nazi Salute

March 6, 2026

UEFA fined Real Madrid 15,000 euros ($17,000) on Friday after a fan

Sports·Top Stories·World News

Iran Women’s Team Stands Silent During Anthem at Asian Cup Opener

March 3, 2026

The Iran women’s national football team made a striking statement on Monday

Business·News·Sports

Stripe Explores Possible Deal for PayPal as Takeover Speculation Lifts Shares

February 24, 2026

Financial technology company Stripe is exploring a potential acquisition of PayPal or

Markets

Business·Markets·News·Nigeria·Oil & Gas·Top Stories

Nigeria Cooking Gas Price Jumps 40% Amid Us, Iran Crisis

March 5, 2026

Cooking gas prices in Nigeria have jumped about 40 percent amid the ongoing fighting involving the United States, Israel and Iran. Liquefied Petroleum Gas

Business·Markets·News·Nigeria·Top Stories

Dangote Cement Records 20% Increase in 2025 Revenue

March 1, 2026

Dangote Cement Plc reported a 20.3 percent rise in revenue to 4.31 trillion naira ($2.7 billion) for the year ending Dec. 31, 2025, driven

Business·Markets·News·World News

Aston Martin to Cut 20% of Workforce Over Rising Losses

February 25, 2026

British luxury carmaker Aston Martin has announced plans to reduce its workforce by up to 20 percent, following widening annual losses linked to US

Currency·Finance & Economy·Markets·News·Nigeria·Top Stories

CPPE Warns Nigeria’s $6bn Capital Inflow Surge May Be Fragile Despite Rebound

February 24, 2026

Nigeria recorded a sharp increase in foreign capital inflows in the third quarter of 2025, but the Centre for the Promotion of Private Enterprise

Dangote Sugar, Jaiz Bank Shares Decline, Drag NGX Down By N101bn

Business·Markets·News

Ellah Lakes’ N235 Billion Public Offer Falls Flat: Investors to Receive Refunds

February 22, 2026

Ellah Lakes Plc’s ambitious N235 billion public offer has ended in disappointment, with the company announcing it will refund investors due to insufficient subscription.

Latest

FEATURES·Markets·Nigeria·Oil & Gas·Top Stories

6 Things Nigerians Should Know About the Current Oil Market Trends

March 9, 2026

The global oil market is once again at the centre of international attention as rising geopolitical tensions in the Middle East trigger sharp price swings. As of March 2026, the confrontation involving the United States, Israel and Iran has pushed crude oil

Business·Finance & Economy·News·Top Stories

FG Introduces 1% Presumptive Tax on Informal Businesses to Expand Nigeria’s Tax Net

March 9, 2026

The Federal Government has introduced a one per cent presumptive tax on the annual turnover of certain informal sector businesses as part of a broader fiscal reform aimed at widening Nigeria’s tax base and improving revenue generation. The policy, introduced under the

FEATURES·Politics·Top Stories

7 Possible Outcomes of the PDP Reconciliation Efforts Led by Bala Mohammed

March 9, 2026

Nigeria’s main opposition party, the Peoples Democratic Party (PDP), has been grappling with deep internal divisions since the aftermath of the 2023 general elections. Disputes over leadership, presidential ambitions, and factional loyalties have continued to strain relationships among some of the party’s

FEATURES·Insights·Oil & Gas·Opinion·Top Stories

Nigeria Week Ahead: Equities Sink, Oil Surpasses $100, CPI in Focus

March 9, 2026

By Matthew Anthony, Senior Market Analyst – Africa Oil prices spiked to just above $120 over the weekend as the escalation of the Israel–US–Iran conflict intensified, with key energy installations reportedly targeted. As a result, major oil suppliers are expected to meet

Opinion·Politics

The Bwala Interview and the Limits of Political Damage Control

March 9, 2026

In a recent interview on Al Jazeera’s Head to Head programme, Daniel Bwala, media adviser to Nigeria’s President, Bola Ahmed Tinubu, found himself defending his boss against criticisms he once publicly made. At several points, he denied proven evidence that was glaring

Business·Top Stories

Aliko Dangote, Abdulsamad Rabiu Net Worth Rise, Adenuga, Otedola Drop On Africa’s Billionaire List

March 9, 2026

Abdulsamad Rabiu, the founder of BUA Group, Mike Adenuga, the founder of Globacom, and Femi Otedola, the chairman of First HoldCo, changed position on the list of Africa’s richest people compiled by Forbes. While Aliko Dangote, the founder of Dangote Group, maintained

News·Oil & Gas·Top Stories

Dangote Refinery Hikes Petrol Price to ₦1,175 per Litre

March 9, 2026

The Dangote Petroleum Refinery has announced a sharp increase in its ex-depot price for Premium Motor Spirit (PMS), raising the cost to ₦1,175 per litre as of Monday, March 9, 2026. This marks the third petrol price hike in one week.

News·Top Stories·World News

Iran’s Clerical Assembly Appoints Mojtaba Khamenei as New Supreme Leader

March 9, 2026

Iran’s top clerical authority, the Assembly of Experts, has formally selected Mojtaba Khamenei as the new Supreme Leader of the Islamic Republic of Iran, marking the first father-to-son succession in the country’s post-revolutionary leadership. The decision was announced on Sunday following an

News·Politics·Top Stories

Appeal Court Dismisses Turaki Faction’s Appeal, Upholds Suspension of Anyanwu, Three Others in PDP Crisis

March 9, 2026

The Court of Appeal in Abuja on Monday dismissed an appeal filed by a faction of the Peoples Democratic Party (PDP) led by Tanimu Turaki, affirming an earlier ruling that halted the party’s disputed national convention and deepening the legal battle over

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