From Emefiele’s development banking to Cardoso’s price stability mandate. We decode the CBN’s new direction and what the end of quasi-fiscal interventions means for Nigeria’s economy.
If policy is judged by the numbers in the Treasury, the reforms are successful. If it is judged by the numbers on a market receipt, they are catastrophic.
The defendants were arraigned before Justice Maurine Onyetenu, facing charges that include stealing, conspiracy, money laundering, and criminal diversion of funds amounting to N174,226,610.
The Economic and Financial Crimes Commission (EFCC) has accused Sylva and others of diverting around $15m (£11m) of public funds intended for the construction of an oil refinery.
Hair stylist Mary Chinonso has officially been certified by Guinness World Records (GWR) for achieving the title of Most Heads of Hair Braided in 24 Hours.
PenCom now allows Nigerian pension fund administrators to invest in foreign exchange–denominated assets such as equities, bonds, and real estate, under strict guidelines to manage FX risk.
Electricity workers in Nigeria have begun a nationwide strike over pay and working conditions, triggering blackouts in major states and raising fears of a wider grid collapse.
Dangote Refinery’s logistics-free fuel delivery scheme is gaining momentum as Conoil, Eterna, and others join, eliminating delivery charges for registered marketers in eleven states and promising lower retail prices for consumers.
The Lagos State Government has mandated courier riders to wear reflective jackets and use visibility tapes for all night deliveries between 6 p.m. and 6 a.m., in a new push to curb road accidents.
The Federal Government has begun investigating a mysterious flesh-eating disease in Adamawa that has killed seven people and infected dozens more, with experts suspecting Buruli ulcer.
The U.S. has introduced a $100,000 annual fee for new H-1B skilled-worker visas, a move the Trump administration says will protect American jobs but critics warn could hurt tech firms and foreign professionals.
As of now, users reportedly have a grace period to either clear storage or upgrade. Those who do nothing risk losing access to the full features of their email accounts.
On Friday, Wike addressed the striking doctors, stating: “I have signed all the doctors’ requests on my table today.”
Despite finishing off the podium, Nathaniel expressed optimism. He said he hoped the performance would serve as inspiration for young Nigerian athletes and viewed the result as an opportunity to learn from the world’s best.
More than four months after authorities evacuated roughly 22,000 people from the Muna displaced persons camp and shut down its water system, a portion of its residents continue to live there, even though structures are deteriorating.
One of them, fifty-year-old widow Maryam Suleiman, remains with her 12 children under leaking roofs. She says she cannot return to her village, Dongo, where Boko Haram killed her two younger brothers in 2014.
The blaze broke out just before 1 p.m. on Tuesday, September 16, 2025, in the basement inverter room of the six-storey Afriland Tower building, which houses multiple offices. Thick smoke spread rapidly through the upper levels, forcing workers to escape through windows and balconies.
The protesters, including elderly men and women, say that 75 per cent of retired workers currently survive on a monthly pension of ₦15,000—a sum they regard as wholly insufficient, especially when compared to the national minimum wage set at ₦70,000. They insist the pension should be adjusted to at least ₦60,000.
The convicted individuals are Leonard Phiri, a Zambian national, and Jasten Mabulesse Candunde, from Mozambique. They were arrested in December following a report by a cleaner of “strange noises” emanating from a room.
NUPENG has directed members to return to work immediately. The agreement will require both parties to report back to the Minister of Labour one week after the unionisation process concludes.
Despite hours of negotiation, no memorandum of understanding (MoU) was agreed upon, and the meeting ended without resolution. Sources said that disputes over “offensive clauses” proposed by Dangote representatives triggered two walkouts by NUPENG negotiators.
According to Reuters, the plan would grant Musk 423.7 million restricted stock units—approximately 12% of Tesla’s current equity—spread across 12 tranches. These tranches would vest only if Tesla’s market capitalisation reaches $8.5 trillion, up from its current valuation near $1.1 trillion.
