Reps Approve $347m Loan for Lagos-Calabar Highway, Other Projects  The House of Representatives, on Wednesday, approved President Bola Tinubu’s request to the National Assembly, seeking approval to borrow $347m under the 2025–2026 borrowing plan. The Speaker of the House of Representatives, Tajudeen Abbas, read the President’s correspondence on the floor of the Green Chamber during

The naira weakened to ₦1,537 against the U.S. dollar in Nigeria’s official Foreign Exchange Market, marking a one‑naira decline from Tuesday’s ₦1,536 rate, according to data published by the Central Bank of Nigeria (CBN). Official Rate Dips Further The CBN’s figures show that importers and authorised dealers paid ₦1,537 for each dollar on the official

Reps to Probe $18bn Turnaround Maintenance of Nigeria’s Four Refineries The House of Representatives Committee on Petroleum Resources (Downstream) has resolved to investigate the turnaround maintenance of the four state-owned refineries. The Committee’s resolution is coming a few days after the House Committee on Petroleum Resources (Midstream) made a similar commitment to unravel why, despite

Nigeria’s currency, the naira, has hovered around ₦1,535 per U.S. dollar in recent weeks. Yet experts at Comercio Partners believe it could strengthen to about ₦1,400 in the second half of 2025. Their forecast is based on a combination of government actions, oil market trends, and global currency fluctuations. Current Exchange Rate and Recent Trend

The Federal Government has just published the results of the 2025 National Common Entrance Examination (NCEE) for admission into Junior Secondary 1 at its 80 Federal Unity Colleges (FUCs), as well as for the Federal Government Academy (FGA) in Suleja. At a press briefing in Abuja on Wednesday, Minister of State for Education Prof. Suwaiba

Financial stress is what most Nigerians can relate to, but what if many of our toughest money struggles were avoidable? Often, the biggest financial setbacks start with minor warning signs, such as a missed budget, a silent savings account, or a loan taken “just for now.” These red flags don’t always feel urgent at first

As another Champions League season builds, fans across Europe are awaiting the moment when clubs learn their fate for the 2025–26 campaign. With the roar of the Champions League anthem just around the corner, UEFA is preparing for yet another dramatic edition of Europe’s biggest club competition. While several heavyweight clubs have already secured their

In a country once defined by oil, Nigeria’s economy is undergoing a quiet transformation. The real engine of growth is no longer found in pipelines or refinery gates, but in fields, markets, and smartphones. A recent change in how the economy is measured has brought this shift into sharp focus. Known as GDP rebasing, the

US to withdraw from UNESCO again, citing ‘America First’ policy, Palestinian membership The United States has formally notified the United Nations Educational, Scientific and Cultural Organization (UNESCO) of its decision to withdraw from the agency, citing concerns over what it calls “divisive” cultural initiatives and the organisation’s admission of Palestine as a full member. In

Thousands of beneficiaries of the N-Power programme may soon receive their outstanding allowances as the Senate facilitated a meeting between key government officials and legal representatives of the affected individuals to address the backlog of unpaid stipends, totaling N81 billion. The intervention came through Barau Jibrin, the Deputy Senate President, who hosted a crucial tripartite meeting involving

Young Africans’ migration crisis: To re-risk or de-risk? Dr. Joachim Adenusi Every day, Africa's greatest asset — its young people — board boats, cross deserts, and risk everything for a future they believe cannot exist at home. Nearly 22,000 migrants have died or gone missing on the Central Mediterranean route since 2014, according to the

Business Day, established in 2001, is a daily business newspaper based in Lagos. It is the only Nigerian newspaper with a bureau in Accra, Ghana. It has both daily and Sunday titles. It circulates in Nigeria and Ghana... Read More...