By ESTHER McWILLIS-IKHIDE PIPELINE Infrastructure Nigeria Limited (PINL) has announced the expansion of its oil and gas surveillance operations “pro bono” to cover all facilities near the Trans Niger Pipeline (TNP), in what it described as a commitment to national development and energy security. Speaking at a stakeholder meeting with TNP host communities in Bayelsa, […]
By OBI DAVIES THE Nigerian stock market rose 4.5% last week, buoyed by strong buying interest in industrial goods and oil & gas stocks, pushing the year-to-date return to 51.2%. Analysts expect market activity to intensify as the earnings season unfolds, with investor sentiment likely driven by nine-month earnings reports and dividend declarations. According to […]
By SANI BATURE THE second edition of the President Bola Tinubu Under-18 Boys Football Tournament has officially kicked off at the Muhammadu Dikko Stadium in Katsina, with the opening match seeing Bauchi State defeat hosts Katsina 2–0. Governor Dikko Umar Radda, represented by the Commissioner for Sports and Youth Development, Aliyu Lawal-Zakari, declared the tournament […]
By BUNMI BUSOLA THE United Nations Children’s Fund (UNICEF) has called on Nigerian journalists to prioritise ethical and child-sensitive reporting, stressing that stories involving children must be handled with dignity and responsibility. Delivering a keynote address at a two-day training on Ethical Journalism and Child Reporting in Ibadan, Celine Lafoucriere, UNICEF’s Chief of the Lagos […]
By ANDERSON (ANDY) CLIFF AT least four migrants have died after their boat capsized near the Greek island of Lesbos amid strong winds, Greek authorities said on Thursday. According to public broadcaster ERT, the coastguard rescued seven survivors, all believed to be men from Sudan, while a search continues for more missing passengers. The total […]
By FIDELUS ZWANSON EMERGING markets may have weathered one storm—but another, more subtle tempest is forming on the horizon. According to Fitch Ratings, issuers across emerging economies face rising macro risks in 2026, as growth slows, trade tensions escalate and liquidity conditions tighten. Fitch Ratings+1 Growth Losing Steam Fitch now projects global emerging-market GDP to […]
By OBIOMA TORI NIGERIAN banks significantly increased their deposits with the Central Bank of Nigeria (CBN) last week, with balances rising from ₦2.28 trillion on Wednesday to ₦2.62 trillion by Friday — a ₦340 billion surge within three days. Data from FMDQ showed that deposit money banks (DMBs) preferred placing excess funds at the CBN’s […]
By TINA TOLUTOPE THE Ondo State Police Command has dismantled a suspected baby factory and human trafficking syndicate in Ore, Odigbo Local Government Area, rescuing six victims, including five pregnant girls and a baby boy. Police spokesperson DSP Olushola Ayanlade said the case originated from the Ore Division and has been transferred to the Gender-Based […]
By TOSI ORE The Invisible Tier — How Nigeria’s Local Governments Missed the Digital Train BY every measure, Nigeria’s local governments are richer today than at any time in recent history. Collectively, they’ve received more than ₦8.9 trillion from federal allocations between 2023 and 2025 — a staggering ₦3 trillion yearly windfall driven by post-subsidy […]
By ESTHER McWILLIS-IKHIDE Dangote Refinery Expansion Sparks Optimism for Nigeria’s Energy Future NIGERIA is on the cusp of a new industrial revolution as the Dangote Refinery embarks on an ambitious expansion to increase its crude oil processing capacity from 650,000 barrels per day (bpd) to a staggering 1.4 million bpd. Industry watchers say the move […]