Nigeria’s money market closed the month under sustained liquidity pressure, despite a modest improvement in system balances, as the Central Bank of Nigeria’s aggressive monetary tightening continued to drain cash from the financial system. Average system liquidity in the month of January settled at a net negative of N2.4 trillion, improving slightly from the previous […]

Speaker of the Abia State House of Assembly,  Emmanuel Emeruwa, has disclosed  that Abia lawmaker, Mr. Erondu Uchenna Erondu Jr. (PDP Obingwa West constituency) provided funds to support financial needs of legislators in the House. According to Emeruwa, the PDP lawmaker was usually compassionate about the  situation of the Abia Legislators which prompted him to […] Controversy as Abia Speaker reveals how PDP lawmaker provides financial support to colleagues 

Towards meeting the energy demands of their ongoing expansion projects, three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc have scaled up their Gas Sales and Purchase Agreements (GSPA) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC), Nigerian Gas Marketing Limited and NNPC Gas Infrastructure Company […]

The Nigeria Employers’ Consultative Association, NECA, has raised alarm over the renewed enforcement by the National Agency for Food and Drug Administration and Control, NAFDAC, of a ban on the production and sale of alcoholic beverages in sachets and small PET bottles, describing the move as a serious regulatory misstep with far-reaching economic and governance consequences. […] The post NECA berates NAFDAC for defying FG’s directive on sachet alcohol ban appeared first on Vanguard News.

Eight-year-old American singer, Aura V has made history as the individually credited Grammy winner in history. Her group, FYÜTCH & Aura V, a father-daughter won Best Children’s Music Album for Harmony at the 68th Annual Grammy Awards on Sunday, making her the youngest winner ever. Aura V broke the record set by Beyoncé and Jay-Z’s daughter Blue […] Aura V makes history as youngest Grammy winner at 8

…As 3-tiers of govt share N1.969trn The Federation Account Allocation Committee (FAAC) is set to reconvene today (Monday) to distribute N1.969 trillion following the resolution of a dispute that deadlocked the revenue-sharing committee twice within 12 days. Multiple sources in the Federal Ministry of Finance and the Office of the Accountant General of the Federation […]

Tension is brewing at some airports across the country as clearing agents brace for a possible showdown with the Federal Airports Authority of Nigeria (FAAN) over its implementation of a 257 per cent increase in cargo tariff charges. LEADERSHIP reports that FAAN, which previously charged N7 per kilogram for air cargo handling, has reviewed the […]

In recent times, quite a number of ponderous statements have been credited to some self-styled ‘northern’ groups as regards the economy and governance. You would think the other zones of the country escorted them to the world. How presumptuous some people can get! Of course, I understand the game. Every politician wants to be relevant. […] The post Presumptuous!, By Wole Olaoye appeared first on Premium Times Nigeria.

The Ogun State government has reaffirmed its territorial jurisdiction over Eba Island in Ogun Waterside Local Government Area, dismissing claims from some quarters in Ondo State as misleading and capable of triggering avoidable communal tension. The clarification follows public debates and a motion sponsored by Hon. Donald Kimikanboh Ojogo, representing Ilaje Federal Constituency in Ondo […]

The Nigeria Prizes competition officially kicked off on Sunday with Call for Entries for the 2026 cycle. With the prize valued at USD $100,000, the Science and Innovation competition is open to scientists and innovators worldwide and invites pioneering digital and artificial intelligence–based solutions that can enhance systems, improve efficiency, and support informed decision-making in […]

The 68th Annual Grammy Awards was held on Sunday, Feb. 1, at Crypto.com Arena in Los Angeles, with South African comedian, Trevor Noah hosting the ceremony for the sixth consecutive time. Cynthia Erivo and Ariana Grande kicked off the evening with a Best Pop/Duo Group Performance win for Defying Gravity. Kehlani won her first-ever Grammy clinching […] 2026 Grammys: Full list of winners 

By Udeme Akpan Towards meeting the energy demands of their ongoing expansion projects, three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc have scaled up their Gas Sales and Purchase Agreements (GSPA) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC Ltd): Nigerian Gas Marketing Limited and NNPC […] The post Dangote, NNPC seal strategic gas agreements appeared first on Vanguard News.

Atalanta winger, Ademola Lookman, has arrived in Spain ahead of his proposed move to Atletico Madrid. The two clubs have already reached an agreement over a deal for the 28-year-old. Lookman has subsequently been given permission to fly to Madrid to complete the transfer. His arrival was confirmed by the LaLiga side. “(The clubs) have […] Transfer: Ademola Lookman arrives in Madrid ahead of medicals

First HoldCo Plc has announced its unaudited financial results for the year ended 31 December 2025, posting a 4.8 per cent year-on-year increase in its Gross earnings, which rose to N3.4 trillion. The gross earnings were supported by a 36.3 per cent y-o-y growth in net interest income of N1.9 trillion, driven by enhanced earnings […]

Nigerian social media influencer, Vincent Martins Otse, popularly known as VeryDarkMan, VDM, has reacted to South African singer, Tyla winning the Best African Music Performance category at the 2026 Grammys ahead of Nigerian stars, Ayra Starr, Wizkid, Burna Boy, Omah Lay and Davido. DAILY POST reports that Tyla won the Best African Music Performance category […] 2026 Grammys: Why I wanted Davido to win Best African Music Performance – VeryDarkMan

In a bid to protect farmers’ incomes and investments while ensuring food remains affordable for all households, the Centre for the Promotion of Private Enterprise (CPPE) has advocated for a policy adjustment aimed at aligning the interests of both farmers and consumers, In a policy note titled ‘CPPE Policy Brief on Sustainable Food Security’, the […]

High interest rates, FX shocks, end of COVID forbearance trigger spike in corporate loan failures By Babajide Komolafe, Economy Editor At the backdrop of economic pressures on households and businesses, banks are now struggling with a rising loan defaults by businesses,  leading to a significant increase in bad loans portfolio of banks to N21.2 trillion. Financial Vanguard’s […] The post Businesses buckle under debt as defaults push bad loans to N21.2trn appeared first on Vanguard News.

In line with its corporate social responsibility (CSR), APM Terminals Apapa has donated critical medical equipment to the Ojora Olugbode Primary Health Centre in Apapa-Iganmu, Lagos State. The public healthcare facility serving residents across the Apapa-Iganmu Local Council Development Area received an autoclave, an oxygen concentrator, a refrigerator, and hematocrit analysers. The equipment is expected […]

In Nigeria, where I live and where the Ford Foundation has worked for more than six decades, 99 per cent of Nigerians are Christian or Muslim, alongside and intertwined with traditional and customary religions. In this highly religious society, faith and traditional leaders are seen as the custodians of culture. They have both wide reach […] The post Why faith and traditional leaders are essential to ending gender-based violence, By Izeduwa Derex-Briggs appeared first on Premium Times Nigeria.

Former Liverpool midfielder, Jamie Redknapp, has said Arsenal will win the Premier League title comfortably. Redknapp was speaking on Sky Sports after Manchester City played out a 2-2 draw with Tottenham Hotspur on Sunday. The result meant City dropped points again and now sit six points behind Arsenal at the top of the table. According […] EPL: They will win it by 10 points – Redknapp names team to win title

The Federal Medical Centre (FMC), Abuja, has reacted to the death of singer, Ifunanya Nwagene, popularly known as Nanyah, clarifying that medical personnel made concerted efforts to save her life after she was brought to the hospital following a snake bite. The hospital explained that Nwagene arrived at the facility alive and was immediately attended […] Gospel singer, Nanyah died despite all resuscitation efforts — FMC Abuja 

The Nigerian military is ranked 33rd globally and 3rd in Africa by the Global Firepower (GFP) index report for 2026. Nigeria declined from 31st in 2025 to 33rd in 2026, despite its huge defence budget. The 2026 Global Firepower Defence reviewed 145 countries using over 60 individual factors to determine a given nation’s “PowerIndex” (‘PwrIndx’). […]

Kano State commissioner for Women Affairs, Children and Persons with Special Needs, Hajiya Amina Sani, has defected to the All Progressives Congress. Sani, popularly known as Amina HOD, was a prominent figure in the Kwankwasiyya grassroots political movement before her defection. The development was disclosed in a statement issued yesterday by the Kano State commissioner […]

Arsenal have confirmed that Mikel Merino is set to be out for an extended period with a foot injury. In an official statement on Sunday, the Premier League club revealed Merino will undergo surgery. The aim is for the Spanish midfielder to return before the end of this season. The statement read: “Mikel is expected […] EPL: Arsenal confirm major injury blow

The Foundation for Peace Professionals (PeacePro) has declared Nigeria’s agriculture sector to be in a deep structural crisis, warning that Nigerian farmers have lost nearly ₦5 trillion in productive capital over the past two years due to alleged policy-induced price crashes, poor and misleading weather forecasts by the Nigerian Meteorological Agency (NiMet) and severe market […]

By Peter Egwuatu  The Nigerian stock market, last weekend, closed the first month of the year, 2026, with over N6.7 trillion capital gains, just as oil prices witnessed a surge last week to about  $71.01 per barrel. Analysts noted that the surge in crude price last week, if sustained, would be favourable to Nigeria, adding that […] The post Stock market gains N6.7trn in January amid oil price surge  appeared first on Vanguard News.

The immediate past chairman of the Nigerian Medical Association (NMA), Kaduna State branch, Dr Sheyin David Madaki, has raised alarm over the acute shortage of cardiologists in Nigeria. He warned that the development had compounded the rising cases of heart-related diseases across the country. Madaki, who spoke to LEADERSHIP in Kaduna, described the situation as […]

Governor Abba Kabir Yusuf’s defection to the All Progressives Congress (APC) has injected fresh uncertainty into the protracted Kano emirship crisis, raising a critical question on whether the political realignment will finally resolve the dispute, or will further complicate an already delicate situation? For nearly two years, Kano has been gripped by an unprecedented royal […] Kano emirship crisis: Gov Yusuf’s alliance with Ganduje, APC sparks fresh rift, uncertainty 

The House of Representatives has defended the delay in the passage of the Electoral Amendment (Reform) Bill. The Green Chamber said the process is aimed at harmonising diverse views to The post Electoral Reform Bill at harmonisation stage, Reps say appeared first on The Nation Newspaper.

Ogun State Government has reaffirmed its territorial jurisdiction over Eba Island in Ogun Waterside Local Government Area, dismissing claims from some quarters in Ondo State as misleading and capable of The post Oil discovery: Ogun govt reaffirms jurisdiction, cites legal, historical evidence appeared first on The Nation Newspaper.

Award-winning Nigerian singer Burna Boy was edged out of the Best Global Music Album category at the 2026 Grammy Awards. His project, No Sign of Weakness, lost to Brazilian music The post Burna Boy loses Best Global Music Album at 2026 Grammys appeared first on The Nation Newspaper.

South African singer, Tyla has won the Best African Music Performance award at the 68th Annual Grammy Awards. She took home the prize for her song “Push 2 Start”, beating The post Grammys 2026: Tyla wins ‘Best African Music Performance’, beats Burna Boy, Davido, Ayra Starr  appeared first on The Nation Newspaper.

Polaris Bank has reaffirmed its strategic commitment to strengthening Nigeria’s non-oil export ecosystem and empowering micro, small and medium-sized enterprises (MSMEs). This commitment was highlighted during the recent Nigerian Aviation Handling Company (NAHCO) and Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) Export Group Programme, themed ‘Breaking Barriers: Helping SMEs Navigate Export […]

Sunday Apah Delta State Governor, Rt. Hon. Sheriff Oborevwori, is scheduled to officially open the newly constructed Omadino Model Technical College on Monday, February 2, 2026. This initiative underscores his…

Nigeria’s journey toward a digital payment economy is often celebrated for its speed and scale, yet a troubling cash paradox has emerged that financial experts and policymakers can no longer ignore. The post Concern over huge cash outside banking system despite surge in digital transactions appeared first on Tribune Online.

The chief executive of Arthur Steven Asset Management Limited, Olatunde Amolegbe, has said that Nigeria’s tax reforms are expected to strengthen government revenue mobilisation. Speaking at the Capital Market Correspondents Association of Nigeria (CAMCAN) 2025 Macroeconomic Review and 2026 Outlook, Amolegbe said rising pre-election liquidity could pose fresh risks to inflation, exchange rate stability and […]