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The Independent National Electoral Commission (INEC) has acquired 57,000 new Bimodal Voter Accreditation System (BVAS) devices and secured more than 100,000 vehicles and 4,000 boats for the conduct of the 2027 general elections. INEC Chairman, Prof. Joash Amupitan, disclosed this on Tuesday in Abuja at a World Press Conference and…

…as crude production hits five-year high NNPC Limited has reported a 33 per cent increase in profit after tax to ₦7.2 trillion in 2025, from ₦5.4 trillion recorded in 2024, despite a 24 per cent decline in revenue during the period. The company also declared a ₦5.8 trillion dividend, representing…

The Nigerian Communications Commission (NCC), has called for sustained investment in telecommunications infrastructure as data consumption in Nigeria rose by almost 47 per cent year-on-year, intensifying pressure on existing networks. NCC Executive Vice Chairman/Chief Executive Officer, Dr. Aminu Maida, disclosed this on Tuesday at the opening of the maiden Nigeria…

Amnesty International has called for the immediate and unconditional release of five men arrested in Maiduguri, Borno State, for allegedly wearing T-shirts bearing the inscription, “Tinubu Must Go.” The men identified as Baba Aji Gremami, Mustapha Abba Yemen, Abacha Mohammed Ali, Adam Umar Gubio and Abdulhamid Mohammed, were reportedly arrested…

The Central Bank of Nigeria (CBN) has said the narrowing gap between the official and parallel foreign exchange markets, alongside other macroeconomic improvements, signals greater stability in the financial system, but warned that banks must now convert stronger balance sheets into productive lending. The CBN said the average gap between…

The Central Bank of Nigeria (CBN), has elevated terrorism financing risk to a current supervisory priority, intensifying its oversight of financial institutions as part of efforts to prevent the country’s financial system from being exploited by illicit actors. The apex bank said the enhanced supervisory focus would cover key areas…

The Nigerian Maritime Administration and Safety Agency (NIMASA), has commenced moves to review Nigeria’s maritime training curriculum to bring the country’s seafarer certification in line with globally accepted standards. Director General of NIMASA, Dr. Dayo Mobereola, disclosed this when the Governing Board of the Maritime Academy of Nigeria (MAN), Oron,…

Open Space has launched a technology-driven Ethical Finance platform aimed at expanding access to non-interest financial services and promoting financial inclusion across Nigeria. The company said the platform offers transparent, asset-backed financing solutions designed to support individuals, small businesses and entrepreneurs seeking alternatives to conventional interest-based loans. Speaking at the…

Nigeria’s total merchandise trade rose to ₦41.44 trillion in the second quarter of 2026 (Q2 2026), representing a 5.61 per cent increase from the ₦39.24 trillion recorded in the corresponding quarter of 2025, the Nigeria Bureau of Statistics (NBS), has said. The latest trade data released by the NBS, showed…

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disowned a petrol tanker intercepted by the National Drug Law Enforcement Agency (NDLEA) in Ondo State with 2,145kg of cannabis concealed in a compartment of the vehicle. The company said the tanker, with registration number MKA 960 XC, is neither owned…