Economy

UN warns 35m Nigerians face acute hunger crisis

The United Nations (UN) on Friday warned that about 35 million Nigerians are at risk of acute hunger from June to August. The UN Humanitarian...

Lagos revenue hits ₦2.6tn in 2025, up 16%: Commissioner

Lagos State recorded a total revenue of N2.6 trillion in 2025, marking a 16 per cent increase from the ₦2.3 trillion generated in 2024,...

Chinese firms may take 51% stake in NNPC refineries under new deal

The Nigerian National Petroleum Company Limited (NNPP) is considering an NLNG-style equity partnership that could hand Chinese investors a majority stake of about 51...

I sold Geregu stake to invest in Dangote refinery IPO: Otedola 

Femi Otedola has disclosed that he sold his stake in Geregu Power Plc to position himself for investment in the proposed initial public offering...

FG begins payment of outstanding 2025 BEA scholarship allowances

The Federal Government has begun the disbursement of outstanding 2025 allowances to beneficiaries of the Bilateral Education Agreement Scholarship Programme studying in partner countries...

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