September 23, 2025

Blog

Business Finance

Naira Gains Momentum, Eyes ₦1,440 as Dollar Weakens Against Cedi, Rand

Lagos, Nigeria | September 17, 2025 The naira continued its upward push on Tuesday, strengthening further at the official market as analysts projected the currency could test the ₦1,440/$ level in the coming days. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed the naira closing at ₦1,484 per dollar, building on a recent

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Business

Depots Empty Out as Dangote Refinery Starts Direct Petrol Sales to Marketers

Lagos, Nigeria | September 17, 2025 Private depots in Lagos and nearby coastal areas were largely deserted on Monday following the commencement of direct petrol sales by the Dangote Petroleum Refinery to oil marketers. The move, analysts say, is set to significantly reshape the landscape of Nigeria’s downstream oil sector. Industry sources confirmed that marketers

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Politics

Emmanuel Odo Appointed Acting Clerk of the Senate

Abuja, Nigeria | September 17, 2025 The National Assembly Service Commission (NASC) has approved the appointment of Emmanuel Odo as the Acting Clerk of the Senate, following a recent leadership adjustment within the legislature’s administrative cadre. According to a statement issued by the Commission on Wednesday, Odo’s appointment takes immediate effect and is expected to

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Politics

NAMA Pushes for Upward Review of ₦11,000 Per-Flight Fee

Lagos, Nigeria | September 17, 2025 The Nigerian Airspace Management Agency (NAMA) has called for an upward review of the current ₦11,000 charge imposed on airlines per flight, arguing that the fee is outdated, unsustainable, and inadequate to cover the cost of providing safe and efficient air navigation services across the country. Speaking on Tuesday,

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Football Sports

Atalanta Coach Ivan Juric Excludes Ademola Lookman from Champions League Opener Against PSG

Paris, France – September 17, 2025 Atalanta head coach Ivan Juric has confirmed that Nigerian forward Ademola Lookman will not be part of the squad for the UEFA Champions League group stage opener against Paris Saint-Germain at the Parc des Princes on Wednesday.Lookman, who was absent from the team’s training session on Tuesday, 16 September,

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Business

Nigeria Aims to Attract $100 Billion in Annual Investments to Achieve Middle-Income Status by 2050

Abuja, Nigeria | September 17, 2025 The Nigerian government has set a target of attracting at least $100 billion in investments each year to achieve middle-income status by 2050. The announcement was made by Atiku Bagudu, Minister of Budget and National Planning, during a policy dialogue organized by the National Institute for Legislative and Democratic

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Business

Nigerian Exchange Limited Considers Extending Trading Hours

Lagos, Nigeria | September 17, 2025 The Nigerian Exchange Limited (NGX) is considering extending its trading hours from the current 9:30 AM–2:30 PM to 9:00 AM–5:00 PM. The proposal was discussed during a Zoom meeting on Tuesday with over 120 market operators, including NGX CEO Jude Chiemeka and Sam Onukwue, Chairman of the Association of Securities Dealing Houses of

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World

UN Reports More Than 10,000 Children Suffering from Severe Malnutrition in Gaza City

The United Nations has raised alarms over a worsening humanitarian crisis in Gaza City, revealing that over 10,000 children are currently suffering from acute malnutrition. The alarming figures underscore the dire impact of ongoing conflict and blockade on vulnerable populations, particularly young children who face heightened risks of disease and death.UN agencies involved in health

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World

Muslim Leaders Demand United Response to Israel’s Aggression at Arab-Islamic Summit in Doha.

Muslim leaders have renewed calls for a unified and decisive response to what they described as Israel’s “treacherous” military aggression and ongoing expansionist policies, as the Arab-Islamic summit convened in Doha, the capital of Qatar. The emergency gathering comes in the aftermath of a recent Israeli airstrike on the city, which has further inflamed tensions

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Health

NCDC Confirms Surge in Lassa Fever Outbreak as Death Toll Hits 162 Across 21 States

The Nigeria Centre for Disease Control and Prevention (NCDC) has raised concern over a fresh surge in Lassa fever infections across the country, and confirming that at least 162 people have lost their lives to the virus so far in 2025. The outbreak, which has now spread to 21 states, continues to pose a serious

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