Economy General

South-South Farmers Seek Inclusion in FG Agricultural Intervention Programme

By Wale Sanusi The President of the Niger Delta Integrated Farmers Association of Nigeria, Julius Openha-Wodah, has called on the Federal Government to ensure that farmers in the South-South are adequately considered in the implementation of its agricultural intervention programmes, including the Renewed Hope Farm Input Support Programme. Openha-Wodah made the appeal while reacting to

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Economy General

NANS Threatens Protest Against MTN, MultiChoice Over Xenophobia in South Africa

The National Association of Nigerian Students has threatened a nationwide protest against South African business interests in Nigeria over renewed xenophobic attacks on Nigerians and other African nationals in South Africa. The students’ body said it may shut down the operations of companies such as MTN and MultiChoice as part of planned actions, while also

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Politics Economy

Fubara Presents N1.854tn 2026 Budget to Rivers Assembly

Rivers State Governor, Siminalayi Fubara, has presented the 2026 Appropriation Bill to the Rivers State House of Assembly, proposing a budget of N1.854 trillion for the next fiscal year. The proposal, titled “Budget of Resilience for Growth and Development,” is 24.49 per cent higher than the 2025 appropriation. Governor Fubara said the increase was driven

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Economy General Oil and Gas

Dangote Refinery Begins Free Petrol Delivery to Six States, FCT

Dangote Petroleum Refinery has commenced free delivery of Premium Motor Spirit (PMS), popularly known as petrol, to six states across Nigeria and the Federal Capital Territory, Abuja. The refinery said the initiative is aimed at improving fuel distribution and ensuring easier access to petrol in the affected locations. Despite the free delivery service, the refinery

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Economy

CBN Warns Against Rejection of Standard N100 Note

The Central Bank of Nigeria (CBN) has warned members of the public, businesses, and financial institutions against rejecting the standard N100 banknote, reaffirming that it remains legal tender across the country. The apex bank stressed that all standard N100 notes issued by the CBN are valid for transactions and should be accepted without discrimination. The

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Economy General

Lawyer Raises Concern Over Slow Pace of Rivers Blue Economy Project

Human rights lawyer Chetam Nwala has expressed concern over the slow pace of the Rivers State Government’s Blue Economy project. He criticised the abandonment of the four-kilometre road project linking Ngo Junction to the Atlantic Ocean, saying its completion would have boosted economic activities and development in the area. Nwala also urged the state government

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Economy General

SEC Grants Approval-in-Principle to Seven Crypto Firms

The Securities and Exchange Commission (SEC) has granted Approval-in-Principle (AIP) to seven digital asset companies under its Accelerated Regulatory Incubation Programme (ARIP), expanding Nigeria’s regulatory sandbox for crypto and other digital investment service providers. The newly admitted firms are Bitbarter Technologies Limited, Luno Fintech Nigeria Limited, GetEquity Limited, Koinkoin Global Network Limited, Wrapped CBDC Ltd,

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Economy General

CBN Revokes Licences of 46 Microfinance Banks

The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks as part of ongoing efforts to strengthen the country’s financial system and enforce regulatory compliance. The apex bank said the affected institutions failed to meet regulatory requirements, including compliance with licensing conditions and other provisions of the Banks and Other

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Economy General

Nigeria Tops Africa in Economic Performance Ranking

Nigeria has emerged as the highest-ranked African country in the economic performance pillar of the IMD World Competitiveness Ranking 2026, outperforming South Africa, Ghana, Kenya, Namibia and Botswana. The ranking assesses countries based on key economic indicators, including growth, trade, employment, investment and public finance, to measure overall competitiveness. The latest report highlights Nigeria’s improved

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Economy General

Urban Planning Expert Seeks Probe of Building Collapses in Rivers

An urban planning expert has called for stricter enforcement of building regulations and a comprehensive investigation into recent building collapses in Rivers State to prevent further loss of lives and property. The Chairman of the Association of Town Planning Consultants of Nigeria, Rivers State Branch, Edmund Chinem-Nwokaeze, made the call following the recent building collapses

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