To tackle Nigeria’s worsening jet fuel shortage and price surge, the Federal Government has asked marketers to grant airline operators a 30-day credit window and sell aviation fuel directly to them. The development is sequel to a series of high-level engagements convened by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, following an earlier meeting […]

The Nigerian Exchange Limited has officially commenced its expanded trading session, extending daily market hours from the previous 9:30 a.m.–2:30 p.m. window to a new 9:00 a.m.–4:00 p.m. schedule. The change, which adds more than three hours of trading time, took effect on Monday, April 27, 2026. NGX confirmed this in a statement on its […]

Divisions within Nigeria’s opposition bloc following the Ibadan summit have raised questions about the viability of a proposed single presidential candidate for the 2027 general elections and potentially strengthening the ruling All Progressives Congress (APC). While opposition leaders at the summit agreed to present a united front against President Bola Ahmed Tinubu, immediate dissent from […]

There are strong indications that domestic airlines in Nigeria may halt operations from Thursday, April 30, 2026, over what operators described as unbearable and unsustainable aviation fuel prices, raising fresh fears of widespread travel disruption across the country. Industry insiders say the airlines, having engaged both the Federal Government and oil marketers without a breakthrough, […]

Indications have emerged that proceedings in the trial of former Central Bank of Nigeria, CBN, Governor, Godwin Emefiele, may suffer further delays as uncertainty surrounds the availability of a key witness. Sources familiar with the matter said the prosecution may inform the Federal Capital Territory, FCT, High Court that Jim Obazee, a special investigator appointed […]

Factions of the Peoples Democratic Party, African Democratic Congress, Accord Party, and Labour Party have rejected the Ibadan opposition summit, stating it does not represent their official stance. They reaffirmed plans to field separate candidates against President Bola Tinubu in the 2027 elections. The PDP National Working Committee, backed by the Minister of the Federal […]

Abia State Government has flagged off the State Accelerated Basic Education Programme, aimed at running the six-year primary school curriculum in three years. The Commissioner for Information, Okey Kanu, stated this at a media briefing after this week’s State Executive Council meeting chaired by Governor Alex Otti in Umuahia, the state capital. He said: “We […]

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