Nigeria’s manufacturing sector is experiencing a cautious but steady revival as renewed investor confidence begins to fuel a wave of fresh capital investments, reversing years of plant shutdowns and stalled projects. This turnaround follows a period of economic turbulence marked by foreign exchange volatility, high borrowing costs, and policy uncertainty. Recent data from the Manufacturers
The Nigeria Immigration Service (NIS) has announced that beginning August 1, 2025, the application process for the Combined Expatriate Residence Permit and Aliens Card (CERPAC) will be fully digitised. The new digital system is part of the federal government’s broader effort to modernise immigration services and improve transparency, efficiency, and service delivery. According to the
The procedure for selecting the new Awujale of Ijebuland in Ogun State has come to light following the passing of the revered Oba Sikiru Adetona, the immediate past Awujale and paramount ruler of Ijebuland. Oba Adetona, who was Nigeria’s longest-serving monarch, died at the age of 91 on Sunday and was laid to rest at
In a surprising development ahead of the 2027 general elections, a close confidant of Rabiu Musa Kwankwaso, the presidential candidate of the New Nigeria Peoples Party (NNPP), has hinted that the former Kano State governor is open to replacing Vice President Kashim Shettima as President Bola Tinubu’s running mate. The source, who spoke exclusively with
The Securities and Exchange Commission (SEC) has revealed that it is actively probing 79 suspected Ponzi schemes currently operating within Nigeria. This sweeping investigation underscores growing concerns about fraudulent investment activities undermining investor confidence and financial stability across the country. According to an official statement from the SEC, these schemes span various states and have
Tensions ran high in Calabar yesterday as members of the public expressed outrage after a local court ordered the remand of a defendant immediately following the close of proceedings. The unexpected development sparked protests among supporters and onlookers, who questioned the timing and fairness of the judicial decision. The defendant, who has been standing trial
The Nigerian Naira has recorded a notable surge against the US dollar, reaching a four-month high by breaking the N1520 per dollar mark in the foreign exchange market. This upward momentum reflects renewed investor confidence and improved forex liquidity, signaling a positive shift in Nigeria’s currency stability amid ongoing economic challenges. Market analysts attribute the
Former President Olusegun Obasanjo has called on chartered accountants in Nigeria to take a leading role in combating corruption, which he described as dangerously becoming a norm in the country. The former Head of State made this call on July 10, 2025, when he received the leadership of the Institute of Chartered Accountants of Nigeria
In a development that could send shockwaves through English football, Liverpool are said to be monitoring the situation of Manchester United forward Marcus Rashford, with a view to making an audacious move for the England international. This is according to a report published by the Daily Mail, which claims the Merseyside giants are weighing up
The Chief of Defence Staff (CDS), General Christopher Gwabin Musa, has called on host communities across the Niger Delta to take greater responsibility in protecting national infrastructure, particularly oil pipelines and other strategic assets. The appeal was made on July 15, 2025, during a stakeholders’ engagement organised by Pipeline Infrastructure Nigeria Limited (PINL) in Port
