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Nigeria records $10.37bn capital importation in Q1 2026, up 83.83% - NBS

Nigeria, June 4 -- Nigeria recorded $10.37 billion in capital importation in the first quarter of 2026, representing an 83.83 per cent increase compared to the $5.64 billion received in the correspond... Read More


Diri's aide resigns, openly expresses support for NDC

Nigeria, June 4 -- A media aide to Bayelsa State Governor Douye Diri has resigned his appointment as special assistant on new media, amid indications that he may be aligning with the opposition Nation... Read More


How Oyo kidnap victims were moved to forest - Senator

Nigeria, June 4 -- The senator representing Oyo North Senatorial District, Abdulfatai Buhari, has revealed that the kidnappers who abducted schoolchildren and teachers in Orire Local Government Area o... Read More


CBN approves conversion of Abbey Mortgage Bank to regional commercial bank

Nigeria, June 4 -- Abbey Mortgage Bank has secured regulatory go-ahead from the Central Bank of Nigeria (CBN) to proceed with its planned conversion to a regional commercial bank, the mortgage lender ... Read More


NUPRC announces 2026 licensing round

Nigeria, June 4 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the 2026 oil and gas licensing round will commence by the third quarter of 2026, following approval ... Read More


The Shenzhen playbook: Why infrastructure matters more than tax holidays, By Damilola Aina

Nigeria, June 4 -- When Chinese leader Deng Xiaoping designated Shenzhen as a Special Economic Zone in 1980, only a few could have predicted that the quiet fishing town with a population of roughly 30... Read More


LGAN seeks culture ministry partnership to boost tourism through 2026 All-Africa Challenge Trophy

Nigeria, June 3 -- The Ladies Golf Association of Nigeria (LGAN) has sought a strategic partnership with the Federal Ministry of Art, Culture, Tourism and Creative Economy to leverage the 2026 All-Afr... Read More


Police arrest suspected kidnapper, recover body of abducted woman

Nigeria, June 3 -- The police in Edo State have arrested a suspected member of a kidnapping syndicate and recovered the body of one of three women abducted from their residence in Ovia North-East Loca... Read More


Abduction: Oyo private schools reject strike, protest, opt for one-day closure

Nigeria, June 3 -- The Coalition of Non-State Schools in Oyo State (CONSSOS) has ruled out joining any strike or protest over the abduction of schoolchildren and teachers from their schools in Oriire ... Read More


Nestoil, receiver spar over the Supreme Court's ruling

Nigeria, June 3 -- Nestoil Limited has engaged in a verbal clash with Abubakar Sulu-Gambari, the receiver/manager appointed over the company and Neconde Energy in respect of an alleged debt default. ... Read More