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News
Despite Local Production Push, Nigeria Spends N38.9bn On Imported Footwears, Others
1+ hour, 26+ min ago (412+ words) Nigeria spent a staggering N38.9 billion importing footwear, headgear, sunshades, umbrellas, whips and related products in the first half of 2026, underscoring the country’s continued dependence on imported consumer goods despite years of efforts to boost local production. A review of the…...
Imo Pensioners Seek God's Intervention Over Pension Arrears, Harmonisation, Other Benefits
2+ hour, 46+ min ago (227+ words) Pensioners in Imo State, under the aegis of the Nigerian Union of Pensioners (NUP), Pensioners Intervention Committee (PIC), have taken their concerns with pension administration to God, while appealing for the intervention of the Catholic Archdiocese of Owerri over what…...
Dangote's Increase: Petrol Price Hits N1,500 In S'West
5+ hour, 32+ min ago (220+ words) Petrol prices in South West states have risen to between N1,390 to N1,500 following the increase in the gantry and coastal prices by the Dangote Refinery. Investigations by Sunday Telegraph yesterday revealed that in some parts of Lagos, petrol prices sold for…...
NAJA Awards 2026: Auto Industry Set For Bigger, Glamorous Showdown
2+ hour, 6+ min ago (296+ words) The Nigeria Auto Journalists Association (NAJA) has fixed Thursday, December 3, 2026, for the grand finale of its 19th annual awards, promising a bigger and more prestigious celebration of excellence in Nigeria’s automotive industry. The awards ceremony is scheduled to hold at the…...
$54bn Forex Reserves: Why Nigeria’s Dollar Buffer Hasn’t Eased Economic Hardship
5+ hour, 17+ min ago (361+ words) Nigeria’s foreign exchange reserves have climbed to $54.13 billion, the highest level in about 18 years, strengthening the country’s capacity to withstand external shocks but raising a critical question. Why has the accumulation of Dollars not translated into significant relief for Nigerians…...
NAMA: Why Nigeria’s Airspace Isn't Ready For Cat 3
3+ hour, 1+ min ago (443+ words) The Director of Safety, Electronic and Engineering Services (DSEES) at the Nigerian Airspace Management Agency (NAMA), Engr. Terese Ihenachor, said Category 3 (CAT 3) Instrument Landing Systems (ILS) cannot function optimally in Nigeria because of unsupportive environmental factors and critical gaps in…...
$800m World Bank Loan: Despite N600bn Cash Transfer, Poverty Keeps Rising
10+ hour, 22+ min ago (1294+ words) ….as corruption allegations trail disbursement of the social safety fund PAUL OGBUOKIRI reports that SERAP’s N78.8billion audit allegations has deepened questions over Nigeria’s social safety net as experts demand transparency, accountability and stronger targeting 600bn cash transferred in 3 years, fails to check…...
Fuel Crisis: Nigeria Spends Forex Importing Petrol As Dangote, Others Struggle For Crude
4+ hour, 32+ min ago (517+ words) Nigeria is bleeding scarce foreign exchange to import petrol despite having huge crude oil reserves and the 650,000-barrel-per-day Dangote Refinery, as inadequate domestic crude supply threatens to undermine the country’s drive for self-sufficiency in petroleum refining. The worsening situation has…...
Kaduna: 45 Women, Girls Trained As Peacebuilders In Kasuwan Magani
14+ hour, 54+ min ago (419+ words) Forty-five Christian and Muslim women and girls, aged between 16 and 55, have been trained in peacebuilding, mediation and community dialogue in Kasuwan Magani, a once volatile area of Kajuru Local Government Area of Kaduna State. The one-day training was organised by…...
External Reserves Rise By $402.26m In One Week
2+ day, 18+ hour ago (427+ words) CBN Limits Mobile Banking App Operation To One Device The country’s external reserves maintained their upward trend in the first week of September, rising by $402.26 million between August 31 and September 7, latest data from the Central Bank of Nigeria (CBN) shows....