Nigerian

In a solemn gathering, prominent political leaders, respected traditional rulers, and dignitaries have converged in Katsina State to pay their final respects to former President Muhammadu Buhari. His passing at age 82 occurred in a London hospital, after a prolonged battle with illness, invoking a deep sense of loss across the nation. His remains were flown back to Nigeria aboard a Nigerian Air Force (NAF) aircraft, a gesture fitting for a leader of his stature. As preparations unfold for a state burial, Buhari's interment…

In a compelling discussion with Business Insider Africa, Dr. Sonnie Ayere, the Group Chief Executive Officer of DLM Capital Group, laid bare the nuances of Sovereign Bond-Backed Composite Notes (SBCNs). He delved into their distinct risk-return characteristics and underscored the relevance of this financial innovation for Nigeria's burgeoning debt markets. After two years of meticulous design and assessment, DLM Group has unveiled a product that is quickly gaining a reputation as a transformative solution for…

In the ever-evolving landscape of Nigeria's oil and gas sector, significant changes are underway. The government's initiatives aim to reduce its influence over the private sector, thus paving the way for a more competitive and liberalized market structure. This transition could potentially reshape the dynamics of oil supply and demand within the country and beyond. Recently, Bayo Ojulari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), shared insights during an…

Former President Muhammadu Buhari has passed away, as confirmed by his spokesperson on Sunday. The 82-year-old leader had been undergoing treatment in a London hospital, having departed Nigeria in April under the guise of a "routine medical check-up." The news of his demise sparked a wave of reflections across the nation and beyond. Buhari's political journey began in a landscape fraught with challenges. He first took the reins as a military head of state from January 1984 to August 1985, and many, even now, can recall the…

In Memoriam: Muhammadu Buhari The Legacy of Muhammadu Buhari: A Journey Through History “The family of the former president has announced the passing of Muhammadu Buhari, GCFR, this afternoon in a clinic in London. May Allah accept him in Aljannatul Firdaus, Amin,” this poignant message was shared on X, signaling the end of an era for Nigeria and its citizens. President Buhari's journey took an unexpected turn when he visited the…

Nigeria's Steel Industry: A New Dawn on the Horizon In an exciting move towards revitalizing its steel industry, the Nigerian Minister of Steel recently revealed significant developments during a press conference held on Thursday. This event marked the official announcement of the inaugural National Steel Summit, which is set to take place from July 16-17, 2025, at the Nigerian Airforce Conference Centre in Abuja. This summit stands as a pivotal moment for Nigeria, as it aims to address longstanding challenges facing the…

New Travel Restrictions for Nigerian Nationals: A Growing Concern In a recent communication circulated among travel agents on Tuesday, the Dubai immigration authorities announced a significant change that will directly affect Nigerian nationals. All transit visa applications from Nigeria will no longer be processed, marking the closure of an essential travel route often utilized by Nigerians who connect through the United Arab Emirates (UAE). This decision raises a myriad of questions: What alternatives…

Dangote Refinery's Future: A Turning Point for Nigeria By the close of 2025, the Dangote refinery, a titan in Africa’s energy landscape, will pivot entirely to using Nigerian crude oil, as articulated by Devakumar Edwin, the Vice President of Dangote Industries. This journey toward self-sufficiency represents not merely a strategy for the refinery but a potential renaissance for Nigeria's oil sector. This ambitious refinery, boasting a capacity of 650,000 barrels per day, is owned…

Resurgence in Nigeria's Forex Markets: A Sign of Economic Optimism A notable turnaround is echoing through Nigeria's foreign exchange landscape. A recently observed uptick in the international usage of naira cards highlights a blossoming confidence that permeates the market. This shift can be attributed to a combination of pragmatic monetary policy reforms, a revival of bank initiatives, and a general enlivening of the economy. Engaging in cross-border transactions has become more accessible, allowing for smoother…

The Nigerian Medical Association (NMA) finds itself at a critical juncture, issuing a 21-day ultimatum aimed squarely at the federal government. The stakes are high, as the association threatens nationwide industrial action unless urgent attention is paid to pressing issues surrounding salaries, allowances, and overall welfare. When medical professionals raise their voices in unison, it is not just a flurry of words; it's a call for action that demands to be heard. Bala Audu, President of the NMA, recently expressed…