Business

By Ayo Kehinde According to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics, Nigeria’s economy grew by 3.89% year-on-year in real terms in the first quarter of 2026, signaling a stronger economic performance compared to the 3.13% growth recorded in the corresponding period of 2025. The report, released on Monday, shows that the nation’s …

The federal government has declared Wednesday and Thursday as public holidays to allow Muslims to celebrate Eid-El-Kabir This is according to a statement released on Monday in Abuja by the permanent secretary of the Ministry of Interior, Magdalene Ajani. According to Ajani, the announcement was made by the Minister of Interior, Dr. Olubunmi Tunji-Ojo, on behalf of the Federal Government. …

The Ogun State Police Command has arrested a man identified as Qawiyu Oloyede for allegedly circulating a fabricated video of a bandit attack on social media, in what authorities claim was an attempt to cause public panic and attract attention online. The suspect, a tailor residing on Sokoto Road in Atan-Ota, was arrested after the video, which falsely portrayed an …

By Ayo Kehinde The federal government has admitted it does not have detailed documents identifying local Nigerian contractors, subcontractors and other beneficiaries involved in the $460 million Abuja CCTV security project, prompting fresh calls for full disclosure and accountability from the Socio-Economic Rights and Accountability Project (SERAP). The disclosure is contained in a letter from the Federal Ministry of Finance …

*Provides a strategic framework and international network for success at the Commonwealth University Leaders’ Conference Professor Anthony Kila, Director of the Commonwealth Institute and Professor of Strategy and Development, has urged Nigerian universities to aggressively pursue the recruitment of international students in Commonwealth countries, describing global education as one of the most strategic and underutilized opportunities for revenue and influence …

The Nigerian Customs Service has announced the deployment of Comptroller Joe Anani as the new Controller for Tincan Island Port Command Apapa Lagos. He replaces former Customs Area Comptroller, Frank Onyeka who was promoted to Assistant Comptroller General of Customs and reassigned to Customs Headquarters in Abuja. This was stated in a press release given to journalists at the weekend …

Post views: 41 By Silvernews Rangers International FC on Sunday dashed the hopes of football fans in Rivers State after clinching a dramatic Nigeria Premier Football League title in one of the most thrilling finishes in the league’s recent history. The Flying Antelopes secured the championship for the ninth time despite heavy pressure from title rivals Rivers United FC, …

The Nigerian Civil Aviation Authority (NCAA) has suspended the implementation of its “no fee, no service” policy to airlines. The NCAA issued a directive against airlines with unpaid statutory remittances.’ The agency in an internal memo dated May 22, directed its directorates to suspend services to 11 domestic airlines. The affected airlines are Air Peace Limited, Ibom Air, Arik Air …

A former Deputy Governor of Oyo State, Hazeem Gbolarumi, has emerged as the governorship candidate of the Peoples Democratic Party (PDP) in Oyo State ahead of the 2027 general elections, following a landslide victory in the party’s primary elections held in the 33 local government areas of the state. Gbolarumi polled a total of 3,615 votes to defeat his sole …

Investors in the Nigerian capital market lost N367 billion at the close of trading last week. The market value fell to N160.044 trillion from N160.007 trillion recorded last week. Likewise, the All-Share Index (ASI) fell 0.25% to close the week at 249,712.37, down from 250,330.92 points recorded in the previous week. Despite the bearish sentiment, stocks such as Associated Bus …