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The Federal Government and World Bank have provided investment funds to empower 25,000 women in Ekiti. This initiative aims to boost businesses and stimulate economic growth in the state.
Federal government debt repayments exceeded the budget allocation by N1.90 trillion in the first nine months of 2025. This has resulted in debt repayments consuming 67% of the government's revenue.
Investment in Nigeria's telecom sector has dropped to its lowest level in four years, despite recent tariff increases. This decline raises concerns about the factors driving foreign investors away from the market.
Oil prices have decreased significantly due to easing tensions in the Middle East, raising hopes for a ceasefire. This development could lead to the reopening of the Strait of Hormuz, impacting global oil supply.
The Federal Government awarded the Africa Quality Mark to 131 Nigerian firms, boosting trade opportunities across Africa. This initiative supports industrial expansion and export growth for made-in-Nigeria products.
There are renewed calls for the implementation of a new minimum wage in Nigeria following International Workers' Day celebrations. Workers express frustration over the disparity between political promises and their economic realities.
The CBN has increased the foreign exchange remittance limit for Nigerian students’ tuition abroad to $25,000 per semester. Find out what this means for you
Ecobank shareholders approve a $40m dividend for the 2025 financial year, marking the first payout since 2022 after record profit before tax of $801m.
Discover the incredible digital strategy and tireless dedication of Pastor William Folorunsho Kumuyi as he turns 85, inspiring a new generation.
Economists are expressing concerns regarding the timing and accountability of Oyo's N200 billion bond issuance. Governor Makinde is seeking approval to refinance loans amidst worries about election-related spending.
Africa's payment sector is experiencing significant growth, but this surge is revealing critical regulatory and infrastructure challenges. The tension between innovation and regulation is becoming increasingly evident.
The Manufacturers Association of Nigeria (MAN) believes that implementing Naira-for-Crude and tax reforms could significantly revitalize the country's manufacturing sector. These measures are seen as crucial for driving industrial recovery in Nigeria.
Dangote Refinery has ramped up its production to 700,000 barrels per day, significantly boosting Africa's energy sector. This development positions the refinery as a key player in the export of refined petroleum products.
Kayode Tokede Foreign and domestic investors who invested in the stock market section of the Nigerian Exchange Limited (NGX) have seen N5.15 trillion of their investment wiped out in the
Nigeria's manufacturing sector experienced a significant 51% decline in foreign capital inflows in the first quarter of 2026. This decline occurred despite an overall increase in capital importation into the country.
Public sector pension contributions in Nigeria rose by 235% in Q4 2025, reflecting improved compliance and the settlement of arrears. This significant increase is detailed in a report by PenCom.
The Nigerian Exchange (NGX) has experienced a decline for the fourth consecutive day, losing N581 billion. This downturn is attributed to profit-taking activities affecting key market indicators.
Dr. Samuel Ogbuku, the NDDC Managing Director, discusses the reasons behind the exit of international oil firms from Nigeria, highlighting court judgments and compensation payments. This trend raises concerns about the future of the oil sector in the country.
The senior lawyer warned that legal action would be instituted against the Attorney-General if steps are not taken to recover the funds. The post Falana Asks FG To Recover $120.5bn, N66.4bn From NNPCL, Oil Firms appeared first on Channels Television.
Tema Oil Refinery (TOR), Ghana’s premier refinery, has taken delivery of one million barrels of Nigerian crude oil in a read more Ghana’s Tema Refinery receives one million barrels of Nigerian crude oil
Algeria has started building the Trans-Saharan Gas Pipeline, which will transport natural gas from Nigeria to Europe. This project is expected to enhance energy cooperation between Africa and Europe.
Dr. Gbenga Olawepo-Hashim has promised to restore the naira's value to between ₦500 and ₦525 per dollar if he is elected president in 2027. He criticized the current administration for the naira's depreciation.
Trump is expected to receive a briefing on Thursday on new plans for potential military action in Iran from Admiral Brad Cooper, the head of US Central Command. The post Trump Warns Iran Blockade Could Last Months, Sending Oil Prices Soaring appeared first on Channels Television...
The competition is a nationwide initiative aimed at identifying, recognising and rewarding outstanding secondary school teachers for their invaluable contributions to shaping the nation's future. The post Entries open for the 2026 Maltina Teacher of the Year Competition appeared ...
Foreign investment in Nigeria's telecommunications sector has dropped by 91% in Q1 2026, despite ongoing reforms. This significant decline raises concerns about the effectiveness of the regulatory changes aimed at attracting investors.
NerdzFactory and Research Links have certified 201 skilled tradespeople in Lagos, enhancing the informal skills economy. This initiative aims to provide formal recognition and mentorship in various trades.
Nigeria's demand for foreign exchange has decreased as local refining reduces fuel imports, positively impacting the naira. This shift has led to a notable 25.03% drop in FX utilization over the past month.
Novus Microfinance Bank has disbursed over N6.35 billion in loans to enhance financial inclusion in Benue State. This initiative has benefited more than 11,000 individuals, promoting economic growth in the region.
The Federal Government has partnered with EGO Foundation and Access Corporation to train over 120 artisans in high-demand vocational skills. This initiative aims to provide them with essential tools and starter kits to enhance their business growth.
Police recovered three firearms, including an AK-47 rifle, a Beretta and locally-fabricated double-barrelled pistols, two magazines loaded with 30 rounds of 7.62mm calibre ammunition, one live cartridge and phones during one of the operations. The post Police foil kidnapping atte...