CBN Limits BVN Phone Number Changes to One Lifetime Update
LAGOS, Nigeria – The Central Bank of Nigeria introduces a new rule limiting changes to phone numbers linked to Bank Verification Numbers (BVN) to…
Business and Economy
NDPC Probes Alleged Data Breach Involving Remita, Sterling Bank
ABUJA, Nigeria – Nigeria Data Protection Commission launches an investigation into an alleged data breach involving Remita Payment Services Limited, Sterling Bank and other…
Food Prices Surge in Nigeria as Experts Cite Structural Failures
LAGOS, Nigeria — Persistent fluctuations in Nigeria’s food prices are driven by deep-rooted structural challenges in agriculture, experts say, despite ongoing government interventions. Agricultural…
Iledare Calls for Value-Driven Overhaul in Nigeria’s Oil, Gas Capacity Building
LAGOS, Nigeria – Professor Wumi Iledare has urged Nigeria’s oil and gas sector to focus on measurable outcomes and economic value rather than leadership…
Nigeria’s Housing Dream on the Brink: Inside the Relentless Rise of Building Costs
ABUJA, Nigeria – On a dusty stretch of Kubwa, where half-built homes stand like abandoned promises, the price of a single plank tells a…
Nigeria Launches Food Bank to Combat Child Hunger Crisis
ABUJA, Nigeria – The Nigerian government launches a national food bank programme targeting millions of vulnerable children and households facing worsening hunger, officials say.…
World Bank Approves $500m to Boost Nigeria Agriculture Sector
ABUJA, Nigeria – The World Bank approves a $500 million credit facility to strengthen Nigeria’s agricultural sector and support smallholder farmers. The funding backs…
Nigeria Gas Reserves Hit Record High as Oil Declines Slightly
ABUJA, Nigeria – Nigeria records a rise in natural gas reserves to 215.19 trillion cubic feet, even as crude oil reserves decline slightly, signalling…
NMDPRA Warns Ogun LPG Retailers to Stop Dangerous Decanting
ABEOKUTA, Nigeria – The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) orders LPG retailers in Ogun State to halt unsafe gas decanting, warning…
Borrowed Tides: Nigeria’s £746m Port Gamble and the High-Stakes Battle for Economic Sovereignty
KANO, Nigeria – In the humid chaos of Lagos’ port corridors—where trucks idle for days and cargo ships queue on the Atlantic horizon—Nigeria’s economic…