Nigeria’s external reserves increased by $200.26 million, or 0.53 percent, over a one-month period rising from $37.738 billion on June 18, 2025, to $37.938 billion as of July 18, 2025 according to data from the Central Bank of Nigeria (CBN). The 30-day moving average between June 18 and July 18 …

A member representing Ife Federal Constituency in the House of Representatives, Taofeek Ajilesoro, has resigned from the Peoples Democratic Party (PDP). The resignation letter, dated July 22, 2025, and obtained on Wednesday in Osogbo, was addressed to the PDP chairman of Ilare Ward II in Ife Central Local Government Area …

The Nigeria Hydrological Services Agency (NIHSA) has issued a fresh flood alert for 28 states and the Federal Capital Territory, warning of a high risk of flooding in over 739 communities and 162 Local Government Areas between Tuesday and August 5, 2025. This was contained in a statement issued to …

Four senators, two each from Akwa Ibom and Osun states, have announced their defection from the Peoples Democratic Party (PDP) to the ruling All Progressives Congress (APC). Their defection letters were read by the President of the Senate, Godswill Akpabio during plenary on Wednesday. The four senators are Ekong Samson …

Former Group Managing Director of FirstBank Nigeria, Dr Olabisi Onasanya, has said he is now vindicated after the Federal High Court in Lagos struck out the controversial loan-related case involving his name. Justice Chukwujekwu Aneke of the Federal High Court, Lagos on Wednesday, July 23, 2025 struck out the case …

…Says Dangote Refinery imports 9-10m barrels of crude monthly from US, others Africa is increasingly becoming a destination for cheap, often toxic petroleum products — many of which are blended to substandard levels that would not be permitted in Europe or North America. This concern was raised by the President/Chief …

The Federal Inland Revenue Service (FIRS) is set to intensify its clampdown on illicit financial flows (IFFs), tax evasion, and trade mispricing as part of efforts to safeguard Nigeria’s financial integrity and boost revenue collection. In a statement issued by Dare Adekanmbi, Special Adviser on Media to the FIRS Chairman, …

Nollywood actor Jim Iyke has stirred controversy online after posting a raw and revealing birthday tribute to fellow actress Kate Henshaw. In a lengthy Instagram message on Sunday, Iyke opened up about his deep admiration and former romantic feelings for Henshaw, reminiscing on their early years in the Nigerian film …

Domestic investors maintained a commanding presence on the Nigerian Exchange Limited (NGX) in the first five months of 2025, with total transactions surging to N2.419tn, more than double the N996.03bn recorded from foreign portfolio investors within the same period. This is according to the May 2025 edition of the Domestic …

As part of its ongoing commitment to environmental sustainability and social inclusion, Nestlé Nigeria has launched a comprehensive Safety, Health, and Environment (SHE) Training Program, empowering 100 plastic waste workers across Lagos and Abuja. This initiative aims to enhance the safety and wellbeing of these invaluable workers while empowering them …