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FAAC Disburses N2.001trn July Revenue To FG, States, LGAs

Finance & Economy·News·Nigeria·Top Stories

FG, States, LGs Share N1.894 Trillion Federation Allocation for February

March 13, 2026

The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.894 trillion to the three tiers of government for February 2026, the Federal Ministry of Finance announced on Friday. Out of a gross revenue of N2.230 trillion collected during

News·Top Stories

Kosofe LG Chairman Denies Assault on Journalist, Blames Political Opponents

March 13, 2026

by Amanze Chinonye

The Chairman of Kosofe Local Government Area in Lagos State, Moyo Ogunlewe, has denied allegations that a journalist, Habeeb Adejobi, was attacked within the premises of the council secretariat on Wednesday. Ogunlewe while reacting to online reports claiming that Adejobi,

Sahara Group Unveils Asharami Square To Enhance Sustainability Coverage In Media

Sahara Group Challenges Young Africans To Turn Energy Challenges into Entrepreneurial Opportunities

Sahara Group has called on young Africans to transform the continent’s pressing energy challenges into entrepreneurial opportunities, emphasizing a mindset shift towards

‘Nigeria’s National Single Window: A Make-or-Break Moment for Trade Facilitation

Nigeria is poised to unlock up to $3 billion in logistics investment and generate approximately $18 million in annual efficiency savings with

Business

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

Tinubu Constitutes Taskforce to Revamp Petroleum Industry

March 13, 2026

President Bola Tinubu has inaugurated a Presidential Petroleum Reform and Value Optimisation Taskforce to plan the next stage of reforms in Nigeria’s petroleum sector.

Business·News·Nigeria·Top Stories

Investigation Reveals 23 Damaged Components on Arik Air Flight

March 13, 2026

Nigeria’s air accident investigators said a passenger aircraft operated by Arik Air suffered damage to at least 23 components after an abnormal engine incident

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

Business·Top Stories

Naira Strengthens Against Dollar In Official Window, Black Market

March 13, 2026

The black market recorded N1,419.83 kobo per $1 as the foreign exchange (FX) rate for the United States dollar (USD) on Thursday, March 12. The

Why CBN Retained Bencmark Interest Rate At 27.5%

Business·News·Nigeria

CBN Directs Banks to Deny Debtors New Loans

March 13, 2026

Central Bank of Nigeria has directed commercial banks to deny additional credit and certain banking services to large borrowers with non-performing loans, in a move aimed

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Business·Top Stories

RT Briscoe Tops NGX Losers’ List, Guinness Among Gainers

March 13, 2026

The market capitalisation of the Nigerian Exchange (NGX) was N127.36 trillion on Friday, March 13, while the all-share index (ASI) closed at 198,407.3 ASI.

Politics

News·Politics·Top Stories

Court Orders Four-Year Tenure for Plateau State Local Chairmen

March 13, 2026

A Plateau State High Court sitting in Jos on Friday ruled that elected local government chairmen in the state must serve a four-year term, nullifying the current two-year tenure. Delivering the judgment, Chief Judge David Mann said the two-year tenure under Plateau State laws and the Plateau State Independent Electoral Commission (PLASIEC) was inconsistent with Section 7(1) of the 1999

News·Politics·Top Stories

Aminu Tambuwal Quits PDP, Joins African Democratic Congress

March 12, 2026

Former Speaker of the House of Representatives and two-term Governor of Sokoto

News·Politics

Why Senate Replaced Akpoti-Uduaghan With Male Senator in Nigeria’s Delegation to UN Women’s Conference

March 12, 2026

The Nigerian Senate has removed Natasha Akpoti-Uduaghan, the senator representing Kogi Central,

News·Nigeria·Politics·Top Stories

India, Other Countries Reject Nigerian Ambassadors

March 11, 2026

India and several other countries have reportedly declined to accept some of

News·Politics·Top Stories

Ekiti, Osun Polls Will Test APC Strength Ahead of 2027 – Oyintiloye

March 10, 2026

A chieftain of the All Progressives Congress (APC) in Osun State, Hon.

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

FEATURES·Technology·Top Stories

7 Signs a Video or Voice Recording Might Be a Deepfake

March 10, 2026

Deepfakes—AI-generated videos, images, or audio—can create realistic but fake content. They are increasingly used for scams, misinformation, or even entertainment. While detection tools exist,

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

Sport

Africa·News·Sports·Top Stories

Former Super Eagles Coach Festus Onigbinde Dies at 88

March 10, 2026

Former head coach of the Nigeria national football team, Festus Adegboye Onigbinde, has died at the age of 88. The family confirmed his passing in a statement signed by Bolade Adesuyi, noting that the Modakeke-born high chief died on Monday night after a brief illness. “With great gratitude to God for a life well spent, we announce the passing of

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

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

Markets

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

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

Latest

Finance & Economy·News·Nigeria·Top Stories

FG, States, LGs Share N1.894 Trillion Federation Allocation for February

March 13, 2026

The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.894 trillion to the three tiers of government for February 2026, the Federal Ministry of Finance announced on Friday. Out of a gross revenue of N2.230 trillion collected during the month,

News·Top Stories

Kosofe LG Chairman Denies Assault on Journalist, Blames Political Opponents

March 13, 2026

The Chairman of Kosofe Local Government Area in Lagos State, Moyo Ogunlewe, has denied allegations that a journalist, Habeeb Adejobi, was attacked within the premises of the council secretariat on Wednesday. Ogunlewe while reacting to online reports claiming that Adejobi, said to

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

Tinubu Constitutes Taskforce to Revamp Petroleum Industry

March 13, 2026

President Bola Tinubu has inaugurated a Presidential Petroleum Reform and Value Optimisation Taskforce to plan the next stage of reforms in Nigeria’s petroleum sector. Mr Fola Adeola, co-founder of Guaranty Trust Bank and founder of the Fate Foundation, was appointed chairman of

News·Top Stories·World News

Cuba Signals Readiness for Dialogue with United States

March 13, 2026

Cuban President Miguel Díaz-Canel reaffirmed his country’s willingness to engage in dialogue with the United States, saying any talks must be based on equality, mutual respect, and recognition of national sovereignty. Speaking at a high-level meeting with members of the Communist Party’s

News·Top Stories

NDPC Warns Content Creators Against Filming Nigerians Without Consent

March 13, 2026

The Nigeria Data Protection Commission (NDPC) has cautioned content creators against recording and sharing images or videos of unsuspecting members of the public on social media without their consent, describing the practice as a violation of citizens’ privacy rights. In a statement

Image of USA, Isreal, and Iran soldiers and missiles

Opinion·World News

Catch-22 (or Simply: Heads, You Lose; Tails, You Lose)

March 13, 2026

By Gabriel Uguru One bright sunny day, three guys were arguing amongst themselves. One was a quarrelsome person who was still living in the 5th Century BC and heard voices; he believed that God was an estate agent who had given him

News·Top Stories·World News

U.S. Crew Members Supplying Fuel to Iran Killed in Iraq

March 13, 2026

All six crew members aboard a U.S. military refueling plane have died after the aircraft crashed in western Iraq, the U.S. military confirmed Friday. U.S. Central Command (CENTCOM) said the KC-135 Stratotanker went down Thursday at approximately 2 p.m. ET, with initial

News·Top Stories·World News

US Official Says Iran’s New Leader “Wounded, Likely Disfigured”

March 13, 2026

US Secretary of Defense Pete Hegseth said on Friday that Iran’s new leader, Mojtaba Khamenei, is “wounded and likely disfigured,” as tensions escalate in the Gulf. During a Pentagon briefing, Hegseth described the 36-year-old Khamenei, who took power after the February 28

News·Politics·Top Stories

Court Orders Four-Year Tenure for Plateau State Local Chairmen

March 13, 2026

A Plateau State High Court sitting in Jos on Friday ruled that elected local government chairmen in the state must serve a four-year term, nullifying the current two-year tenure. Delivering the judgment, Chief Judge David Mann said the two-year tenure under Plateau

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