FGannounces digital treasury overhaul, mandates e-receipts for MDAs from January 2026
Mon, 08 Dec 2025
The Federal Government has announced a new digitisation programme that will transform treasury operations, eliminate paper-based processes, and enforce full transparency across Ministries, Departments and Agencies (MDAs) beginning January 2026.The post FGannounces digital treasury overhaul, mandates e-receipts for MDAs from January 2026 appeared first on Nairametrics.
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Paramount launches $108 billion bid for Warner Bros. Discovery
Mon, 08 Dec 2025
Paramount Skydance Corp. on Monday announced a$108.4 billionhostilebid for Warner Bros Discovery, challenging Netflixs$72 billionacquisition of the media company.The post Paramount launches $108 billion bid for Warner Bros. Discovery appeared first on Nairametrics.
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Seamfixand PAPSS announce partnership to strengthen cross-border payments across Africa
Mon, 08 Dec 2025
Seamfix has entered a new partnership with the Pan-African Payment and Settlement System (PAPSS), operated by Afreximbank, to power a compliance and governance platform that supports real-time cross-border payments across Africa.The post Seamfixand PAPSS announce partnership to strengthen cross-border payments across Africa appeared first on Nairametrics.
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UACN stock rises 22.69% in Decembers first week, eyes N100
Mon, 08 Dec 2025
Shares of UAC of Nigeria Plc (UACN) jumped 22.69% in the trading week that ended 5th December 2025, pushing its quarter-to-date gain past 44% and trading above N96.The post UACN stock rises 22.69% in Decembers first week, eyes N100 appeared first on Nairametrics.
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Konga launches Naija Shopping Festival to deliver festive Cheer through strategic discounts
Mon, 08 Dec 2025
Nigerias leading composite e-commerce giant, Konga, has officially flagged off the Konga Naija Shopping Festival, a nationwide end-of-year shopping campaign designed to bring unmatched value, convenience, and festive cheer to millions of households.The post Konga launches Naija Shopping Festival to deliver festive Cheer through strategic discounts appeared first on Nairametrics.
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Abujaowns themines,banditsrunthem
Mon, 08 Dec 2025
A few years ago, a relative called me from my village in Kogi State. He was excited: he had found coal on his land and planned to dig. Have you got the federal permits' You need permits to mine that land. I added. Sounding exasperated, he responded: What permits'! Everyone is mining their lands here! []The post Abujaowns themines,banditsrunthem appeared first on Nairametrics.
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Johnvents Group marks strong global expansion as Ondo Government reaffirms support at 2025 End-of-Year Celebration
Mon, 08 Dec 2025
JohnventsGroup, a global agribusiness and manufacturing conglomerate, hosted industry leaders, international partners, government officials, traditional rulers including the Deji of Akure, and key stakeholders at its 2025 End-of-Year Celebration held at The Dome, Akure.The post Johnvents Group marks strong global expansion as Ondo Government reaffirms support at 2025 End-of-Year Celebration appeared first on Nairametrics.
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Trump signals antitrust concerns over Netflix, Warner Bros. deal
Mon, 08 Dec 2025
President Donald J. Trump has suggested that Netflixs acquisition of Warner Bros. Discovery could face significant antitrust scrutiny, raising fresh doubts about a transaction that would remake the global entertainment landscape.The post Trump signals antitrust concerns over Netflix, Warner Bros. deal appeared first on Nairametrics.
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AWS unveils Next-generation Innovations at re:Invent 2025 with Gravitation 5 Processors, Amazon Bedrock Agentcore, Tranium3 UltraServers and AI Factories
Mon, 08 Dec 2025
AWS is bringing game-changing innovations that will help build innovative solutions, drive successful business outcomes, and create new possibilities.The post AWS unveils Next-generation Innovations at re:Invent 2025 with Gravitation 5 Processors, Amazon Bedrock Agentcore, Tranium3 UltraServers and AI Factories appeared first on Nairametrics.
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TAJBank, NAHCON sign MoU On Hajj Savings Scheme
Mon, 08 Dec 2025
TAJBankLimited, Nigerias biggest non-interest bank by assets base and innovative products and services delivery has signed a Memorandum of Understanding(MoU) with theNational Hajj Commission of Nigeria (NAHCON)onHajj Savings Scheme (HSS)in furtherance of its ethical banking driveto supportworthy causes in Nigerias sustainable development.The post TAJBank, NAHCON sign MoU On Hajj Savings Scheme appeared first on Nairametrics.
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UBA Group dominates 2025, Banker Awards, emerges Africas Bank of the Year, for third time in five years
Mon, 08 Dec 2025
Africas Global Bank, United Bank for Africa (UBA) Plc, has once again, reaffirmed its leadership as one of the continents most innovative and resilient financial institutions, as the bank has, for the third time in five years, been named the African Bank of the year 2025 by the Banker.com.The post UBA Group dominates 2025, Banker Awards, emerges Africas Bank of the Year, for third time in five years appeared first on Nairametrics.
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Nigeria generated $62 million from airline ticket taxes in 2024 IATA
Mon, 08 Dec 2025
Nigeria generated $62 million from airline ticket taxes in 2024, contributing to the broader$1.97 billioncollected across Africa during the period.The post Nigeria generated $62 million from airline ticket taxes in 2024 IATA appeared first on Nairametrics.
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Dangote refinery, stronger Naira driving petrol prices down Oil marketers explain
Mon, 08 Dec 2025
The recent drop in petrol prices across Nigeria has been attributed to increased domestic refining by Dangote Refinery, a strengthening naira, and improved supply chain efficiency.The post Dangote refinery, stronger Naira driving petrol prices down Oil marketers explain appeared first on Nairametrics.
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Top 10 Nigerian stocks with the highest investor returns in November 2025
Mon, 08 Dec 2025
Below are the top 10 stocks that recorded the highest performance in November 2025.The post Top 10 Nigerian stocks with the highest investor returns in November 2025 appeared first on Nairametrics.
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Investment strategyon how to turn N100k to N34 million
Mon, 08 Dec 2025
On this episode ofThe Coffee Table, Host and CEO ofNairametrics,Ugodre, sits down withRobertIjewere, the co-founder and Executive Director ofNo Long Thing Finance Limited (NOLT), a company focused on lending,investmentand financial services to discusspractical strategies for mastering personal finance in Nigeria. The conversation began with Robert explaining that wealth grows significantly when investments are allowed to []The post Investment strategyon how to turn N100k to N34 million appeared
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Nigerias insecurity and geopolitics: risk and opportunities for Naira, investing and interest rates
Mon, 08 Dec 2025
In this episode ofDrinks & Mics, HostUgodreis joined by co-hostsTunji AndrewsandArnold Dublin-Green, along with two industry experts,ChetaNwanze, Founder and Partner at SBM Intelligence, andSamsonEsemuede, CIO atZroskto examine Nigerias shifting geopolitical landscape and the economic consequences unfolding around it. Theconversation opens with the team examining the state of insecurity in Nigeria. They explain that the country []The post Nigerias insecurity and geopolitics: risk and opportu
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BREAKING: Nigerias external reserves surpass $45 billion first time in 6 years
Mon, 08 Dec 2025
Nigerias external reserves have crossed the $45 billion mark, according to the latest data released by the Central Bank of Nigeria (CBN). The post BREAKING: Nigerias external reserves surpass $45 billion first time in 6 years appeared first on Nairametrics.
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A New dawn for Nigerian retirement: Awabahs PenCom approval in principle and the promise of Dollar Security
Mon, 08 Dec 2025
The dream of a secure and hopeful Nigerian retirement is growing closer to reality, thanks to a significant development at Awabah.The post A New dawn for Nigerian retirement: Awabahs PenCom approval in principle and the promise of Dollar Security appeared first on Nairametrics.
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Bazara Tech unveils Manovar: An AI-Powered channel banking platform redefining corporate banking in Africa
Mon, 08 Dec 2025
BazaraTech Inc., a leading financial technology company focused on building intelligent infrastructure for financial services, has announced the launch ofManovar, an AI-powered corporate banking and asset management platform designed to transform how financial institutions serve corporate clients.The post Bazara Tech unveils Manovar: An AI-Powered channel banking platform redefining corporate banking in Africa appeared first on Nairametrics.
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Naira poised for N1,445/$ break on expected Fed rate cuts
Mon, 08 Dec 2025
The Nigerian Naira has been relatively stable against the US dollar in the official market over the past week, and the currency is expected to remain bullish this week on U.S. Fed rate cuts expectations.The post Naira poised for N1,445/$ break on expected Fed rate cuts appeared first on Nairametrics.
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NITDA warns Nigerians against ChatGPT vulnerabilities that enable data-leakage attacks
Mon, 08 Dec 2025
The National Information Technology Development Agency (NITDA) has issued an urgent cybersecurity advisory warning Nigerians about new vulnerabilities in ChatGPT that could expose users to data-leakage attacks. The post NITDA warns Nigerians against ChatGPT vulnerabilities that enable data-leakage attacks appeared first on Nairametrics.
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Nigeria confirms military intervention in Benin after failed coup attempt
Mon, 08 Dec 2025
Nigeria has confirmed that its armed forces intervened in the Republic of Benin on Sunday following an attempted coup targeting President Patrice Talon.The post Nigeria confirms military intervention in Benin after failed coup attempt appeared first on Nairametrics.
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NiMet forecasts dust haze,thunderstorms across Nigeria from Monday to Wednesday
Mon, 08 Dec 2025
The Nigerian Meteorological Agency (NiMet) has issued a three-day weather outlook, forecasting dust haze across northern and central Nigeria and isolated thunderstorms in the South from Monday, December 8, to Wednesday, December 10, 2025.The post NiMet forecasts dust haze,thunderstorms across Nigeria from Monday to Wednesday appeared first on Nairametrics.
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ECOWAS deploys standby force to Benin after attempted military coup
Mon, 08 Dec 2025
The Economic Community of West African States (ECOWAS) has ordered the immediate deployment of its standby force to the Republic of Benin following an attempted military takeover targeting President Patrice Talon on Sunday.The post ECOWAS deploys standby force to Benin after attempted military coup appeared first on Nairametrics.
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Calabar-Itu Highway: FG terminates Raycon contract, Hitech to complete works in 60 days
Sun, 07 Dec 2025
The Federal Ministry of Works has terminated the contract for the Ekim-Odukpani portion of the Calabar-Itu Highway following poor performance by Raycon Construction Company.The post Calabar-Itu Highway: FG terminates Raycon contract, Hitech to complete works in 60 days appeared first on Nairametrics.
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EU launches 12 million initiative to strengthen maritime security in West and Central Africa
Sun, 07 Dec 2025
The European Union has launched a 12 million regional initiative aimed at boosting the safety, security, and operational performance of major sea ports across West and Central Africa.The post EU launches 12 million initiative to strengthen maritime security in West and Central Africa appeared first on Nairametrics.
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CPPE flags 20262028 MTEF delays, warns of risks to budget scrutiny
Sun, 07 Dec 2025
The Centre for the Promotion of Private Enterprise (CPPE) has expressed concerns over the delayed submission of the 20262028 Medium-Term Expenditure Framework (MTEF), warning that the lag could undermine legislative scrutiny and weaken the credibility of Nigerias budget process.The post CPPE flags 20262028 MTEF delays, warns of risks to budget scrutiny appeared first on Nairametrics.
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Benin Army foils coup attempt aftersoldiersseizestatetelevision
Sun, 07 Dec 2025
Benin Republics government says security forces have successfully foiled an attempted coup after a group of soldiers appeared on national television announcing that they had dissolved state institutions and taken control of the country.The post Benin Army foils coup attempt aftersoldiersseizestatetelevision appeared first on Nairametrics.
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FidsonvsMecurevsNeimeth: Whichpharmastock offers better value for investors
Sun, 07 Dec 2025
FidsonHealthcare Plc,MecureIndustries Plc andNeimethInternational Pharmaceuticals Plcoperatewithin the pharmaceutical sector, but their performance and investment potential in 2025 differ significantly.The post FidsonvsMecurevsNeimeth: Whichpharmastock offers better value for investors' appeared first on Nairametrics.
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Meet most influential children ofbillionairesin Africa
Sun, 07 Dec 2025
These are the most influential children of Africas billionaires, the next generation shaping the continents economic and cultural future.The post Meet most influential children ofbillionairesin Africa appeared first on Nairametrics.
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NDLEA seizes over 7.6 million tramadol pills, 76,273kg of cannabis in nationwide raids
Sun, 07 Dec 2025
The National Drug Law Enforcement Agency (NDLEA) says it has seized over 7.6 million tramadol pills and76,273.4 kilogramsof cannabis during intelligence-led operations carried out across several states.The post NDLEA seizes over 7.6 million tramadol pills, 76,273kg of cannabis in nationwide raids appeared first on Nairametrics.
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FCMB reports a 9M 2025 profit of N134.5 billion as gross earnings rise
Sun, 07 Dec 2025
FCMB has reported a profit before tax of N134.497 billion for the nine months ended 30 September 2025, representing a 46.2% increase from the N91.83 billion posted in the same period last year.The post FCMB reports a 9M 2025 profit of N134.5 billion as gross earnings rise appeared first on Nairametrics.
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Benin Soldiers announce dissolution of President Talons government in coup attempt
Sun, 07 Dec 2025
A group of soldiers appeared on Benins state TV announcing the dissolution of the government in an apparent coup in the West Africa nation.The post Benin Soldiers announce dissolution of President Talons government in coup attempt appeared first on Nairametrics.
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Average diesel price rises 9.45% month-on-month toN1,398/litrein October
Sun, 07 Dec 2025
The average retail price of diesel rose in October 2025, climbing by 9.45 percent month-on-month to N1,398.57 per litre.The post Average diesel price rises 9.45% month-on-month toN1,398/litrein October appeared first on Nairametrics.
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Nigerias heavy machinery sector is expanding despite economic pressures Mantrac MD
Sun, 07 Dec 2025
To understand how the sector is evolving, the opportunities emerging, and the challenges that still stand in the way of growth,Nairametricssat down withEmadAdeeb, Managing Director ofMantracNigeria, the exclusive dealer for Caterpillar equipment.The post Nigerias heavy machinery sector is expanding despite economic pressures Mantrac MD appeared first on Nairametrics.
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WASSCE candidates can choose subjects across all streams, FG clarifies
Sun, 07 Dec 2025
The Federal Government has clarified that students registering for the West African Senior School Certificate Examination (WASSCE) can freely select subjects across science, arts, and social science streams under the revised Senior Secondary School Curriculum. The post WASSCE candidates can choose subjects across all streams, FG clarifies appeared first on Nairametrics.
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Ellah Lakes Plc extends Public Offer period to 19 December 2025
Sun, 07 Dec 2025
Ellah Lakes Plchas announced the extension of its public offer for 18.8 billion shares at N12.50 each, following a surge in investor interest.The post Ellah Lakes Plc extends Public Offer period to 19 December 2025 appeared first on Nairametrics.
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Nigerian Navy inducts 1,962 enlisted ratings into active service
Sun, 07 Dec 2025
The Nigerian Navy on Saturday inducted 1,962 newly trained ratings to strengthen ongoing joint military operations nationwide.The post Nigerian Navy inducts 1,962 enlisted ratings into active service appeared first on Nairametrics.
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Lagos toestablishnew agency to regulate private health facilities
Sun, 07 Dec 2025
Lagos State is moving to establish a new regulatory agency dedicated to monitoring private healthcare facilities, a step officials say is necessary to improve patient safety and address gaps in the states existing oversight system.The post Lagos toestablishnew agency to regulate private health facilities appeared first on Nairametrics.
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GTI Group CEO: Only10% of 6 million CSCS accounts areactive
Sun, 07 Dec 2025
Nigerias Central Securities Clearing System (CSCS) now holds roughly 6 million investor accounts, but only about 10% are active.The post GTI Group CEO: Only10% of 6 million CSCS accounts areactive appeared first on Nairametrics.
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CBN:Itstime we dump bank references for current account opening
Sun, 07 Dec 2025
If you hold a current account in Nigeria, there is a fair chance your account officer has, at some point, approached you with a reference form and a polite plea to help someone.The post CBN:Itstime we dump bank references for current account opening appeared first on Nairametrics.
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SEC unveils digital regulatory hub to boost oversight across Nigerias financial markets
Sun, 07 Dec 2025
The Securities and Exchange Commission (SEC) has launched the Regulatory Hub, a new centralized digital platform designed to streamline collaboration, strengthen oversight, and improve transparency across Nigerias financial and capital market ecosystem. The Commission disclosed this in a statement posted on its website. According to the agency, the platform connects key regulatory and security institutions []The post SEC unveils digital regulatory hub to boost oversight across Nigerias financial
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Nigerian Air Force aircraft crashes in Niger State
Sun, 07 Dec 2025
A Nigerian Air Force (NAF) aircraft crashed on Saturday nearKarabonde, a small settlement inBorguLocal Government Area of Niger State.The post Nigerian Air Force aircraft crashes in Niger State appeared first on Nairametrics.
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Nigeria Customs seizes 25.5kg of cocaine on Brazilian ship atApapaport
Sat, 06 Dec 2025
The Apapa Command of the Nigeria Customs Service (NCS) seized 25.5 kilograms of cocaine aboard the Brazilian vessel MV San Anthonio during an intelligence-led inspection at the Lagos port.The post Nigeria Customs seizes 25.5kg of cocaine on Brazilian ship atApapaport appeared first on Nairametrics.
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FCMB concludes public offer, moves closer to N500 billionrecapitalisationtarget
Sat, 06 Dec 2025
FCMB Group Plcsaysit hascompletedits public offer, positioning the financial holding company to meet the N500 billion capital requirement set by the Central Bank of Nigeria (CBN).The post FCMB concludes public offer, moves closer to N500 billionrecapitalisationtarget appeared first on Nairametrics.
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No AI-ready datacentrein Nigeria yetDigital Reality CEO
Sat, 06 Dec 2025
Chief Executive Officer of Digital Realty Nigeria,Engr. Ike Nnamani,have said that datacentresin the countryare still years away from being able to support core Artificial Intelligence (AI) workloads.The post No AI-ready datacentrein Nigeria yetDigital Reality CEO appeared first on Nairametrics.
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NEPZAseeks 10-year tax exemption for Special Economic Zoneoperatorsin Nigeria
Sat, 06 Dec 2025
The Nigeria Export Processing Zones Authority (NEPZA) has urged the Federal Government to grant businesses operating within the countrys Special Economic Zones (SEZs) a 10-year exemption from the newly introduced tax laws, warning that uncertainty around the reforms is dampening investor confidence.The post NEPZAseeks 10-year tax exemption for Special Economic Zoneoperatorsin Nigeria appeared first on Nairametrics.
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NAFDAC raisesalarmover circulation of prohibited food items in markets
Sat, 06 Dec 2025
The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing circulation of banned food products, including pasta, noodles, sugar, and tomato paste, in markets across Nigeria. The post NAFDAC raisesalarmover circulation of prohibited food items in markets appeared first on Nairametrics.
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BREAKING: Dantata & Sawoe pays consultant $1.4 million Dangote project debt in bid to escape liquidation
Sat, 06 Dec 2025
In a bid to escape liquidation following a recent order of the Federal High Court, Abuja, Dantata & Sawoe Construction Company Limited has hurriedly paid in full the $1.4 million settlement agreement covering a $1,257,592.83 debt owed to Zutari Consulting Nigeria Ltd for subcontract work on the Dangote Fertilizer Plant project in Lekki, Lagos.The post BREAKING: Dantata & Sawoe pays consultant $1.4 million Dangote project debt in bid to escape liquidation appeared first on Nairametrics.
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Top 10 highest-grossing movies in Nigerian box office 2025
Sat, 06 Dec 2025
This article features the top 10 highest-grossing movies in Nigerian box officeas of November 30,2025.The post Top 10 highest-grossing movies in Nigerian box office 2025 appeared first on Nairametrics.
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Where to invest $1,000 this December
Sat, 06 Dec 2025
Nigeria's economy is vibrant but presents challenges, creating opportunities forfintechinvestments amid fluctuations in the naira and an annual inflation rate of 25% to 30%.The post Where to invest $1,000 this December appeared first on Nairametrics.
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Best performing African currencies in November 2025
Sat, 06 Dec 2025
African currencies closed November 2025 with mixed performances, but only a handful delivered meaningful gains against the U.S. dollar amid persistent global monetary tightening.The post Best performing African currencies in November 2025 appeared first on Nairametrics.
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SEC,NGXearnover N3billion incommissionfees in November 2025despite historic losses
Sat, 06 Dec 2025
In November 2025, the Nigerian Stock Exchange (NGX) and the Securities and Exchange Commission (SEC)earned a total commission feeexceeding N1.45 billioneach.The post SEC,NGXearnover N3billion incommissionfees in November 2025despite historic losses appeared first on Nairametrics.
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The10 oldest surviving companies in Nigeria fromcolonialera to 2025
Sat, 06 Dec 2025
This article featres a list ofcompanies founded in the 18th and late 19th centuries that remain operational today.The post The10 oldest surviving companies in Nigeria fromcolonialera to 2025 appeared first on Nairametrics.
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CAC threatens to blacklist fintechs aiding unregistered PoS operators
Sat, 06 Dec 2025
The Corporate Affairs Commission (CAC) has accused some fintech companies of enabling unregistered Point of Sale (PoS) operations and says it plans to blacklist defaulting companies.The post CAC threatens to blacklist fintechs aiding unregistered PoS operators appeared first on Nairametrics.
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G20 faces potential split as U.S.South Africa tensions escalate, experts warn
Sat, 06 Dec 2025
Geopolitical analysts have warned that the G20 may fracture into rival blocs as diplomatic tensions between the United States and South Africa reach their highest point in years. The post G20 faces potential split as U.S.South Africa tensions escalate, experts warn appeared first on Nairametrics.
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Naira extends decline, closes week atN1,454/$1 amid holiday demand pressure
Sat, 06 Dec 2025
The Naira continued its downward slide against the US dollar this week, closing at N1,454/$1 on Friday as rising festive-season spending intensified pressure on the foreign exchange market.The post Naira extends decline, closes week atN1,454/$1 amid holiday demand pressure appeared first on Nairametrics.
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Tinubuconstitutesboards for Bank of Agriculture, NADF, and UBEC
Sat, 06 Dec 2025
President Bola Ahmed Tinubu has formally constituted the boards of three key institutions: the Bank of Agriculture (BOA), the National Agricultural Development Fund (NADF), and the Universal Basic Education Commission (UBEC).The post Tinubuconstitutesboards for Bank of Agriculture, NADF, and UBEC appeared first on Nairametrics.
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EkitiAirport Probe: Court slams EFCC for incarcerating ex-Procurement DG, awards N5 million damages
Sat, 06 Dec 2025
The Federal High Court sitting in Abuja on Friday described the three-day incarceration of the former Director-General of theEkitiState Bureau of Public Procurement,OseunOdewale, by the Economic and Financial Crimes Commission (EFCC) over its probe into the alleged embezzlement ofEkitiState funds earmarked for the airport project, as a violation of his fundamental rights.The post EkitiAirport Probe: Court slams EFCC for incarcerating ex-Procurement DG, awards N5 million damages appeared first on
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Nigerianequities marketreclaimN2.4trillionafter NovembersN6.5 trillioncrash
Fri, 05 Dec 2025
The Nigerian equities market staged a decisive comeback in the first week of December, recovering N2.436 trillion after suffering a historic N6.5 trillion loss in November.The post Nigerianequities marketreclaimN2.4trillionafter NovembersN6.5 trillioncrash appeared first on Nairametrics.
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NigeriasPiCNGinitiative attracts$2 billioninvestment intwoyears CEO
Fri, 05 Dec 2025
The Presidential Initiative on Compressed Natural Gas (PiCNG) and Electric Vehicles (EVs) has disclosed that it has attracted more than $2 billion in private sector investments into Nigerias compressed natural gas (CNG) subsector within two years.The post NigeriasPiCNGinitiative attracts$2 billioninvestment intwoyears CEO appeared first on Nairametrics.
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NnamdiKanu:OnyechiIkpeazuSAN weighs in onterrorismconviction, lawyers withdrawal allegation
Fri, 05 Dec 2025
Senior Advocate of Nigeria,OnyechiIkpeazu, has weighed in on developments surrounding the Federal High Courts conviction of the leader of the proscribed Indigenous People of Biafra (IPOB),NnamdiKanu, forterrorism and forissuing sit-at-home orders that allegedly led to the closure of banks, schools, and economic activities across the Southeast, particularly on Mondays.The post NnamdiKanu:OnyechiIkpeazuSAN weighs in onterrorismconviction, lawyers withdrawal allegation appeared first on Nairametric
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Gold prices to surge 15-30% in 2026, World Gold Council projects
Fri, 05 Dec 2025
Gold is projected tomaintainits upward trajectory, surging by 15-30%in 2026, according to a new outlook released by the World Gold Council.The post Gold prices to surge 15-30% in 2026, World Gold Council projects appeared first on Nairametrics.
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Lekki water quality deteriorates despite rising household treatment costs
Fri, 05 Dec 2025
Residents across Lekki continue to rely ondiscoloured, sometimes foul-smelling borehole water, a longstanding challenge that highlights the widening infrastructure gap in one of Lagos fastest-growing urban corridors.The post Lekki water quality deteriorates despite rising household treatment costs appeared first on Nairametrics.
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NESG urges FG to fast-track privatization of state refineries to boost oil output
Fri, 05 Dec 2025
The Nigerian Economic Summit Group (NESG) has called on the Federal Government to fast-track the privatisation of state-owned refineries, stressing that doing so would significantly boost domestic oil output and reduce Nigerias heavy petroleum import bills.The post NESG urges FG to fast-track privatization of state refineries to boost oil output appeared first on Nairametrics.
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Netflix acquires Warner Bros studios in $82.7 billion deal
Fri, 05 Dec 2025
Warner Bros. Discovery has entered exclusive negotiations to sell its film and television studios, along with the HBO Max streaming service, to Netflix.The post Netflix acquires Warner Bros studios in $82.7 billion deal appeared first on Nairametrics.
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Warner Bros. Discovery enters exclusive talks to sell studios, HBO Max to Netflix
Fri, 05 Dec 2025
Warner Bros. Discovery has entered exclusive negotiations to sell its film and television studios, along with the HBO Max streaming service, to Netflix.The post Warner Bros. Discovery enters exclusive talks to sell studios, HBO Max to Netflix appeared first on Nairametrics.
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BMI: Nigerias oil output to rise to 1.73 million bpd in 2026
Fri, 05 Dec 2025
Nigerias oil production is expected to record a modest uptick in 2026, buoyed by infrastructure improvements and incremental field output.The post BMI: Nigerias oil output to rise to 1.73 million bpd in 2026 appeared first on Nairametrics.
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Pensioners threaten nationwide protest over unpaid increments, allowances
Fri, 05 Dec 2025
The Coalition of Federal Pensioners of Nigeria has announced plans for a nationwide protest on Dec. 8, saying the demonstration is intended to draw attention to the federal governments failure to release long-delayed pension increments and palliative allowances owed to its members.The post Pensioners threaten nationwide protest over unpaid increments, allowances appeared first on Nairametrics.
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Naira plunges to N1,950/1 as holiday rush fuels British Pound Sterling surge
Fri, 05 Dec 2025
The British Pound marginally depreciated toward the N1,935 support level at the official market and N1,950 at the unofficial market during the mid-week trading session. CBN data showed it settled at N1,931 on Wednesday, with intraday trading fluctuating between N1,924 and N1,933 against the British Pound. Foreign exchange rates traded slightly higher at the unofficial []The post Naira plunges to N1,950/1 as holiday rush fuels British Pound Sterling surge appeared first on Nairametrics.
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Capital League Table:Nigerias largest banks by Share Capital
Fri, 05 Dec 2025
Nigerias banking sector is undergoing one of the most transformative capital overhauls in its history, as commercial banks scramble to meet the Central Bank of Nigerias (CBN) ambitiousrecapitalisationdeadline ofMarch 31, 2026.The post Capital League Table:Nigerias largest banks by Share Capital appeared first on Nairametrics.
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ETERNA PLC targets N21.52bn through rights issue to fund expansion and strengthen balance sheet
Fri, 05 Dec 2025
Eterna Plc, one of Nigerias leading integrated energy companies, has finalized arrangements for a rights issue of 978,108,485 ordinary shares at N22.00 per share, expected to raise approximately N21.52 billion.The post ETERNA PLC targets N21.52bn through rights issue to fund expansion and strengthen balance sheet appeared first on Nairametrics.
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FG approves N185 billion to clear gas debts, boost power supply
Fri, 05 Dec 2025
The Federal Government has approved the settlement of N185 billion in long-standing debts owed to natural gas producers, as part of efforts to revitalise the gas sector and stabilise power generation nationwide.The post FG approves N185 billion to clear gas debts, boost power supply appeared first on Nairametrics.
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FG disburses N4.7 billion in first phase of TVET stipends to trainees andcentres
Fri, 05 Dec 2025
The Federal Government has released N4.7 billion as the first tranche of payments to trainees and accreditedcentresunder the TVET skills developmentprogramme.The post FG disburses N4.7 billion in first phase of TVET stipends to trainees andcentres appeared first on Nairametrics.
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FBNQuestvsNestoil: Appeal Court adjourns receivership case over legal representation controversy
Fri, 05 Dec 2025
The Court of Appeal in Lagos on Thursday adjourned a receivership case betweenFBNQuestMerchant Bank and First Trustees Limited, andNestoilLimited,NecondeEnergy Limited, and two others, due to controversy surrounding the legal representation of the respondents.The post FBNQuestvsNestoil: Appeal Court adjourns receivership case over legal representation controversy appeared first on Nairametrics.
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US arrests Nigerian home care CEO, Cashmir Luke, over alleged $7 million fraud
Thu, 04 Dec 2025
US authorities have arrested the CEO of a California home health care company accused of trying to flee to Nigeria while facing allegations of a $7 million fraud targeting the Department of Veterans Affairs.The post US arrests Nigerian home care CEO, Cashmir Luke, over alleged $7 million fraud appeared first on Nairametrics.
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LCCI elects LeyeKupoluyias President,Chairmanof Council
Thu, 04 Dec 2025
The Lagos Chamber of Commerce and Industry (LCCI) has electedMrLeyeKupoluyias its new President andChairmanof Council.The post LCCI elects LeyeKupoluyias President,Chairmanof Council appeared first on Nairametrics.
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Insecurity:Nigerian Army destroys bandit camps,neutralisesattackersacross Taraba
Thu, 04 Dec 2025
The Nigerian Army has destroyed several bandit camps andneutralisedarmed elements during coordinated operations conducted across Taraba State.The post Insecurity:Nigerian Army destroys bandit camps,neutralisesattackersacross Taraba appeared first on Nairametrics.
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Appeal Court upholds judgment barring VIO from confiscating vehicles, imposing fines
Thu, 04 Dec 2025
The Court of Appeal sitting in Abuja on Thursday upheld the judgment of the Federal High Court in Abuja, which barred the Directorate of Road Traffic Services, commonly known as the Vehicle Inspection Office (VIO), from stopping, impounding, or confiscating vehicles, and from imposing fines on motorists.The post Appeal Court upholds judgment barring VIO from confiscating vehicles, imposing fines appeared first on Nairametrics.
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NGXextendsrebound as ASIinchesup 0.10%amidmixedtradingsentiment
Thu, 04 Dec 2025
The Nigerian equities market extended its rebound on Thursday, December 4, 2025 posting a modest gain.The post NGXextendsrebound as ASIinchesup 0.10%amidmixedtradingsentiment appeared first on Nairametrics.
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A question of empathy - The Nation
Mon, 08 Dec 2025
It is thought-provoking that a posthumous birthday celebration triggered questions about murder and government compensation because the death was connected to government-related operations. The family of Bamise Ayanwola marked herThe post A question of empathy appeared first on The Nation Newspaper.
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Additional security tax on air travellers is one too many - Guardian
Mon, 08 Dec 2025
The imposition of an additional $11.5 security levy on inbound and outbound Nigerian passengers has no appreciable value-added for air transport consumers who will bear the tax burden.The post Additional security tax on air travellers is one too many appeared first on The Guardian Nigeria News - Nigeria and World News.
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Beyond Individual Success: Epiphany at Boston - Thisday
Mon, 08 Dec 2025
OUTSIDE THE BOX BY ALEX OTTI, Email:alex.otti@thisdaylive.com I would like to begin on a note of sincere gratitude to the decision-makers at the Harvard Business School Association of Nigeria (HBSAN)
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Blacklisted Gov Eno takes on intellectual Offiong Aqua hits rock - Vanguard
Mon, 08 Dec 2025
The International PressInstitute, IPI, Nigeria,part of a global network of editors, journalists and media executives, on Tuesday, December 2, 2025, blacklisted three serving Nigerian leaders. It found Governor Umo Bassey Eno of Akwa Ibom, his Niger State counterpart, Umaru Bago, and the Inspector General of Police, IGP, Kayode Egbetokun guilty of suppressing press freedom across []The post Blacklisted Gov Eno takes on intellectual Offiong Aqua hits rock appeared first on Vanguard News.
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Budget 2026: Matters arising - Punch
Mon, 08 Dec 2025
An analysis of Nigeria's Budget 2026, examining its underlying assumptions, delays from the 2025 budget, and critical matters for the National Assembly....
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Cartoon - Guardian
Mon, 08 Dec 2025
The post Cartoon appeared first on The Guardian Nigeria News - Nigeria and World News.
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Citizenship; National identity question - The Nation
Mon, 08 Dec 2025
Citizenship and national identity challenges in Nigeria took the centre stage last week, at a national discourse organised by the National Peace Committee in collaboration with the European Union (EU)The post Citizenship; National identity question appeared first on The Nation Newspaper.
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End of queues in sight - Thisday
Mon, 08 Dec 2025
VIEW FROM THE GALLERY BY MAHMUD JEGA Short of the capture of top terrorist and bandit kingpins and putting an end to their reign of carnage, there cannot be a
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Insecurity crisis: Can President Tinubu be the jinx breaker - Guardian
Mon, 08 Dec 2025
With the United States of America (USA) President, Donald J. Trump, recently announcing that he is ready to send his countrys military guns ablazing to flush out those he referred to as Islamic jihadists killing Christians in NigeriaThe post Insecurity crisis: Can President Tinubu be the jinx breaker ' appeared first on The Guardian Nigeria News - Nigeria and World News.
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Insights from Nigerias Subnational Fiscal Reform - Thisday
Mon, 08 Dec 2025
Postscript by Waziri Adio The World Bank, at the request of the Federal Government, implemented a programme between 2018 and 2022 designed to nudge cash-strapped Nigerian states to embrace some
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Kanu is guilty but who will try Nigeria - Guardian
Mon, 08 Dec 2025
While following the final trial of Nnamdi Kanu, the most consequential defendant in Nigerian political jurisprudence in recent times, I felt a swell of grief. Each criminal act attributed to him under the banner of the Indigenous People of Biafra The post Kanu is guilty but who will try Nigeria' appeared first on The Guardian Nigeria News - Nigeria and World News.
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Now that harmattan is almost here - Punch
Mon, 08 Dec 2025
Discover essential Harmattan health tips to stay healthy. Learn how to stay hydrated, protect your skin and eyes, and manage allergies this dry season....
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Petroleum Sector Retards National Progress - Vanguard
Mon, 08 Dec 2025
By Dele Sobowale NNPCL is the onlystate-owned oil producing organization in the entire world which has become a perpetual drag on the nations progress. Last week, just as the nation was celebrating the declaration of Ntn profits from operations last year, Nigerians were once again reminded that very little has changed in the management of []The post Petroleum Sector Retards National Progress appeared first on Vanguard News.
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The Eucharist in the salvific economy - Guardian
Mon, 08 Dec 2025
The Eucharist, as the capsule of the mystery of Christ and the ensemble of Christian life, embodies the grandeur and uniqueness of our existence and vocation, deeply connected to Gods love. The post The Eucharist in the salvific economy appeared first on The Guardian Nigeria News - Nigeria and World News.
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The Middle East crisis and global security - Guardian
Mon, 08 Dec 2025
I have particularly agonised about the vacuum in the Nigerian foreign policy space, our distressing non-committal disposition towards the foreign environment. There have been several events that require the flexing of our diplomatic muscles. The post The Middle East crisis and global security appeared first on The Guardian Nigeria News - Nigeria and World News.
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The miracle of Nnamdi Kanu - The Nation
Mon, 08 Dec 2025
I have had some time to ponder the staying power of Nnamdi Kanu, whom I had at several moments described as an ethnic entrepreneur. I stopped calling him that longThe post The miracle of Nnamdi Kanu appeared first on The Nation Newspaper.
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Why AI must pay for the news it devours - Guardian
Mon, 08 Dec 2025
The collision between the newspaper industry and Artificial Intelligence companies is no longer news; it is a global legal and economic reckoning. The post Why AI must pay for the news it devours appeared first on The Guardian Nigeria News - Nigeria and World News.
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