NCC warns of unauthorized data monetization, inks MOU with NDPC

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has issued a stern warning to Nigerians regarding the hidden costs of digital platforms, noting that without adequate awareness, citizens’ personal data risks being monetized by global entities without their consent or benefit. Speaking at the official signing of a Memorandum of…

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Nigeria saved N6trn from fuel import losses – NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the strategic implementation of downstream deregulation and foreign exchange reforms resulted in over N6 trillion in savings from fuel import losses during the first nine months of 2025. This disclosure was made by the Chief Executive of the NMDPRA, Mr. Saidu Mohammed, during…

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NIMASA mulls expansion of deep blue project

…Calls for continued partnership with Navy Following the success of its maritime security architecture known as the Deep Blue project, the Nigerian Maritime Administration and Safety Agency (NIMASA) is considering an expansion of the project which impact has been felt across the Gulf of Guinea and gained global recognition, to ensure sustainability and greater impact….

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Stanbic IBTC reports N552bn Pre-Tax Profit, Posts 81.6 percent growth in 2025

Adeyemi David Stanbic IBTC Holdings Plc has announced its unaudited financial results for the year ended December 31, 2025, recording a pre-tax profit of N552 billion, an impressive 81.6 pet cent increase from N303.8 billion in 2024. The robust performance was driven by higher interest income, boosted by increased loan volumes, rising interest rates, and…

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Naira strengthens to two‑year high, ends week on positive note

Adeyemi David Nigeria’s naira closed the trading week ended January 31, 2026, with notable gains against the United States dollar, marking its strongest performance in around two years amid improved foreign exchange market conditions and rising external reserves.  Data from the Nigerian Foreign Exchange Market (NFEM) showed the naira appreciated to ₦1,386.55 per dollar at…

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ADC condemns alleged pressure on civil servants to Join APC, calls for urgent oversight

The African Democratic Congress (ADC) has expressed concern over alleged efforts to coerce Nigerian civil servants into registering for the All Progressives Congress (APC) through its ongoing e-registration exercise. In a statement signed by the party’s National Publicity Secretary, Mallam Bolaji Abdullahi, the ADC said it had received multiple reports from across the country suggesting…

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FG reaffirms commitment to gas-led growth as NNPC unveils gas master plan 2026

The Federal Government has reiterated its commitment to positioning natural gas as a key driver of Nigeria’s economic growth, energy security, and social development following the unveiling of the Nigerian National Petroleum Company Limited (NNPC Ltd.) Gas Master Plan (GMP) 2026. Minister of State for Petroleum Resources (Gas), Dr. Ekperikpe Ekpo, made the declaration over…

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