today

Monday, March 2, 2026
Abuja
overcast clouds
22.1 ° C
22.1 °
22.1 °
10 %
0.3kmh
88 %
Mon
36 °
Tue
36 °
Wed
36 °
Thu
37 °
Fri
37 °

OPEC+ Approves 547,000bpd Output Hike Amid Gulf Crisis

OPEC+ has agreed to raise oil output by 547,000 barrels per day in September 2026, as escalating conflict in the Gulf threatens to push crude prices higher.

FAAN Issues Travel Advisory Over Middle East Flight Disruptions

The Federal Airports Authority of Nigeria (FAAN) has announced flight cancellations and delays to Middle East destinations due to airspace closures.

around the world

spotlight

OPEC+ Approves 547,000bpd Output Hike Amid Gulf Crisis

OPEC+ has agreed to raise oil output by 547,000 barrels per day in September 2026, as escalating conflict in the Gulf threatens to push crude prices higher.

latest articles

REA Targets 500 Power Projects with N170bn 2026 Budget

REA Targets 500 Power Projects with N170bn 2026 Budget The Rural Electrification Agency (REA) has unveiled plans to execute more...

Nigeria Accounts for 52% of Africa’s US Crude Exports

Nigeria Accounts for 52% of Africa's US Crude Exports Nigeria accounted for about 52 per cent of Africa’s crude oil...

Nigeria’s GDP Expands 4.07% in Q4 2025 – NBS

Nigeria’s economy grew by 4.07% year-on-year in real terms in Q4 2025, according to the latest GDP report released by the National Bureau of Statistics (NBS).

National Perception: The Peller–Carter Efe Cruise and a Hungry Nation, By Haroon Aremu

National Perception: The Peller–Carter Efe Cruise and a Hungry Nation By Haroon Aremu Is this how we want the world to...

FG to Partner CCC on National Crisis Communication Hub to Combat Misinformation

FG to Partner CCC on National Crisis Communication Hub to Combat Misinformation The Federal Government has signalled its readiness to...

Hajj 2026: No Medical Certificate, No Visa – NAHCON

‎Hajj 2026: No Medical Certificate, No Visa - NAHCON ‎ ‎The National Hajj Commission of Nigeria (NAHCON) has announced that the...

CBN’s Rate Cut: A Calculated Turn Towards Growth, by Kabir Abdulsalam

CBN’s Rate Cut: A Calculated Turn Towards Growth, by Kabir Abdulsalam   After months of aggressive tightening, the Central Bank of...

Analysts Support MPC’s Decision to Cut Rates by 50 Basis Points

Analysts Support MPC's Decision to Cut Rates by 50 Basis Points   Analysts have backed the decision of the Monetary Policy...

NMDPRA Data Reveals Modular Refinery Struggles

NMDPRA Data Reveals Modular Refinery Struggles Nigeria’s modular refineries supplied an average of 2.37 per cent of the country’s diesel...

Sell-Off Slaps N4514bn Loss on Investors at NGX

Sell-Off Slaps N4514bn Loss on Investors at NGX   Trading on Thursday closed on a bearish note as equities on the...

MTN Nigeria Records N5.2trn Revenue, Boosts Economy

MTN Nigeria Records N5.2trn Revenue, Boosts Economy   MTN Nigeria has reaffirmed its position as a critical driver of the non-oil...

BOI’s Non-Interest Model: A Strategic Shift for SME Growth, by Ifeanyi Favour Ogochukwu

The Bank of Industry (BOI), Nigeria’s leading development finance institution owned by the Federal Government, has expanded its financing framework.