The Joint Admissions and Matriculation Board (JAMB) has announced June 13, 2026, as the date for the conduct of the 2026 Unified Tertiary Matriculation Examination (UTME) mop-up exercise for candidates who missed the examination despite successful biometric verification. JAMB disclosed this in a statement issued on Monday in Abuja by its Public Communication Adviser, Dr…
By Seun Ibiyemi The Nigerian stock market began the trading week on a positive note on Monday as investors gained N905 billion following sustained buying interest in large- and mid-cap equities. Market capitalisation rose by 0.57 per cent to close at N160.982 trillion, up from N160.077 trillion recorded at the close of trading on Friday….
By Seun Ibiyemi The Group Chairman of Nigerian Exchange Group, Dr Umaru Kwairanga, has called for stronger collaboration among African stock exchanges to deepen capital markets, improve liquidity and boost the continent’s global competitiveness. Kwairanga made the call during a bilateral meeting with the Chairman of the Nairobi Securities Exchange, Mr Kiprono Kittony, where both…
By Seun Ibiyemi The Airline Operators of Nigeria has dismissed claims that domestic airlines owe the Nigeria Civil Aviation Authority for regulatory services, insisting that all payments for such services are made upfront on a cash-before-service basis. In a statement issued in Lagos on Monday, the association said NCAA had always operated a strict policy…
By Seun Ibiyemi Nigeria has cancelled $717.7 million in undisbursed funding under the World Bank-backed Power Sector Recovery Performance-Based Operation (PSRO), dealing a major blow to efforts aimed at restoring financial sustainability in the country’s electricity sector amid worsening tariff deficits, foreign exchange pressures, and persistent operational inefficiencies. According to a World Bank restructuring paper…
By Sodiq Adelakun Former Vice President Atiku Abubakar has declared that democracy is firmly taking root in Nigeria following the conduct of the presidential primary of the African Democratic Congress across the country. Atiku made the remark on Monday after casting his vote at the Ajiya Ward Polling Unit in Jimeta, Yola, Adamawa State, during…
By Seun Ibiyemi The Nigeria Customs Service (NCS), Seme Area Command, has announced the generation of N9.79 billion in revenue between March and May 2026, representing a 448 per cent increase compared to the corresponding period in 2025. The Customs Area Controller of the Command, Abdullahi Kaila, disclosed this during a media briefing held on…
By Seun Ibiyemi The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to strengthening its Deposit Insurance Funds (DIFs) to enhance the stability and resilience of Nigeria’s financial system. Managing Director and Chief Executive of the Corporation, Thompson Oludare Sunday, made this known during a courtesy visit to the Director-General of the Budget Office…
By Seun Ibiyemi The Federal Government has expanded Nigeria’s implementation of the African Continental Free Trade Area (AfCFTA) with a new strategic partnership between the Federal Ministry of Industry, Trade and Investment and RwandAir to strengthen the Nigeria–East and Southern Africa Air Cargo Corridor, further reducing export costs and widening market access for Nigerian businesses….
Nigeria stands at a defining economic crossroads. The growing debate over unrestricted fuel importation versus strategic support for domestic refining has become more than a policy disagreement; it is now a test of the country’s commitment to industrialisation, economic sovereignty, and long-term national development. At the centre of this debate is the Dangote Refinery, arguably…
