News
The Nigerian leather industry is standing at the threshold of a major transformation. On a special broadcast of NILEST Leather Connect—hosted by Von Michael on Jordan 105.5 FM Lagos—industry leaders, local artisans, and government representatives gathered to discuss how Nigeria can fully unlock its massive leather potential. From Zaria to Aba, and Kano to […]
The Nigerian Economic Summit Group (NESG) has warned that Nigeria must generate enough decent jobs to absorb the estimated three million young people who enter the labour market every year or risk turning its large youth population into a source of pressure rather than an economic advantage. With the country’s population above 220 million and […]
Vice President Kashim Shettima has declared that Nigeria will no longer accept the dehumanisation or mistreatment of its citizens in South Africa. Speaking in Luanda, Angola, on Monday before returning home, Shettima said Nigeria remains committed to resolving issues through dialogue but will firmly reject any attacks on the dignity and safety of Nigerians. He […]
On a recent broadcast of The Telescope Radio Show on Jordan 105.5 FM in Lagos, former Governor of Cross River State and People’s Redemption Party (PRP) presidential candidate Donald Duke delivered a comprehensive breakdown of his vision to reshape Nigeria’s political and economic trajectory. Hosted by Olumuyiwa Adelaja alongside co-host Dr. Martin Morgan and presenter […]
The Economic and Financial Crimes Commission (c) has secured the forfeiture of more than 500 million dollars in cash and assets to the Federal Government over the past three years, Chairman Ola Olukoyede has said. Speaking at the Cambridge International Symposium on Economic Crime in the United Kingdom, Olukoyede attributed the recoveries to Nigeria’s non-conviction-based […]
Lagos State has blamed electricity regulators for failing to meter all consumers, despite existing laws requiring it. Energy Commissioner Biodun Ogunleye said the state has provided the necessary policies and legal framework, placing the responsibility for enforcement on federal and state regulators. He urged residents to reject energy theft, obtain meters, and manage consumption while […]
President Bola Tinubu has directed Nigeria LNG (NLNG) to maximise the economic value of the country’s gas reserves instead of allowing them to be wasted through flaring. Speaking at the State House on Wednesday while receiving the NLNG Board, led by Managing Director Adeleye Falade, Tinubu stressed the need for greater domestic utilisation of gas. […]
Nigeria’s petrol imports increased in July 2026 after domestic refining dropped sharply. Total petrol supply fell 10% to 45.5 million litres a day, with local production down 21% to 25.8 million litres daily while imports rose 9% to 19.7 million litres. The Dangote refinery still dominated, operating above 71% capacity and supplying about 25.9 million […]
President Bola Tinubu has flagged off the reconstruction and dualisation of the 58-kilometre Ibadan–Ijebu-Ode Road linking Oyo and Ogun states, and approved the immediate dualisation of the 70-kilometre Abeokuta–Ibadan Road. Represented by Ogun State Governor Dapo Abiodun at a ceremony in Ibadan, Tinubu described the Ibadan–Ijebu-Ode corridor as a key economic artery connecting to the […]
The United States and Nigeria plan to use the 32nd Nigerian Economic Summit in October to address trade barriers, customs delays, and other obstacles limiting investment, US Chargé d’Affaires Keith Heffern said Monday. Speaking at a Freedom 250 reception hosted by the US Embassy in Abuja with the American Business Council, Heffern described the economic […]
