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Nigeria’s Foreign Reserves Hit $41bn For First Time in Four Years

According to data from the Central Bank of Nigeria (CBN), this marks the first time since 2021 that the country’s reserves have crossed the $41 billion threshold, signaling renewed stability in external buffers.

The Unseen War: JAMB, Technology, and the Business of Cheating, By Shuaib S. Agaka

The Unseen War: JAMB, Technology, and the Business of Cheating   By Shuaib S. Agaka When nearly two million young Nigerians filed into computer-based test centres this year, they carried with them the weight of ambition, sacrifice, and hope. But for 6,458 of them, those dreams were...

NCAA Approves Ogun Airport for Commercial Operations

The Nigeria Civil Aviation Authority (NCAA) has confirmed that it has granted a commercial operational licence to the Gateway International Agro-Cargo Airport in Ogun State, officially signaling the commencement of commercial activities at the facility.

RMAFC Begins Revenue-Sharing Formula Review

The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) on Monday announced the commencement of the process for review of the Revenue Allocation Formula (RAF) between the federal, states, and local governments.

Nigeria’s Oil Production 7,000bpd Above OPEC Quota

According to a report by the Organisation of the Petroleum Exporting Countries (OPEC), Nigeria’s average daily crude production rose to 1,507,000 barrels per day in July,

UBA, BoI Launch N5bn Facility for Female Entrepreneurs

United Bank for Africa Plc has secured a N5bn loan facility from the Bank of Industry to boost key sectors of the economy and support the growth of sustainable and viable businesses in Nigeria, with a primary focus on micro, small, and medium enterprises owned by women.