The pump price of Premium Motor Spirit (PMS), popularly known as petrol, has risen to as high as N1,040 per litre in Lagos and N1,080 per litre in Abuja, following fresh adjustments by fuel marketers. The increase comes barely a day after the Dangote Refinery raised its ex-gantry price of petrol to N995 per litre, […]
•Farmers A huge number of farmers, cutting across arable crop sector, tubers, tree crops and others may exit farming this year after incurring estimated losses running into several billions of Naira. This is due to the declining price of food commodities, which have caused serious dislocations in the agricultural investment ecosystem and infli...
•CBN headquarters, Abuja The Central Bank of Nigeria (CBN) has disclosed that 30 banks have met the new minimum capital thresholds introduced under its ongoing banking sector recapitalisation programme. The update was contained in a statement issued yesterday by the Acting Director of Corporate Communications at the CBN, Hakama Sidi-Ali. The u...
•Fuel queue Long queues are beginning to build up at MRS filling stations where Premium Motor Spirit (PMS) or petrol is sold below ₦1,000 per litre, as consumers hurry in search of cheaper products. Market survey as of this morning revealed that private car owners and commercial bus drivers are starting to form long lines […]
The domination of Nigeria’s maritime space by foreign flagged vessels has become a major challenge that needs urgent attention by the federal government to address the inherent capital flight and place the country on a vibrant economic stead, stakeholders have said. They said absence of government and private indigenous owned vessels have pla...
MultiChoice is shutting down its streaming platform, Showmax, after eleven years of operation. The decision taken by the company was communicated to Showmax subscribers today. “We’re writing to inform you of an important update regarding Showmax,” the streaming platform said in the mail sent to its subscribers. “Following a comprehensive revie...
•Tinubu and World Bank logo The World Bank has issued a stark warning that Nigeria and many other developing economies could face a severe employment crisis over the next decade, driven by rapidly rising youth populations and insufficient job creation. In a blog post published on its official platform, the Washington-based institution highligh...
•Dollar and Naira notes The Naira opened at 1,379.05 per dollar in the official window at Wednesday morning trading sessions in the Nigerian Foreign Exchange Market (NFEM), as rate fluctuated within a narrow range, reaching a low of 1,376.02 before rebounding slightly. By 7:30 AM WAT, the exchange rate was quoted at approximately 1,377.04 per ...
•Blackout As widespread blackout and load shedding on the national grid persist, Nigerians across major cities are counting losses, with many small businesses shutting down and households forced to abandon bulk food purchases due to their inability to power refrigerators. It was gathered that the electricity supply crisis intensified in early ...
•House of Representatives The House of Representatives has commenced moves to recover over $7 billion allegedly owed to the Federation Account by some foreign airlines operating in the country since 2023. The Chairman of the House Committee on Finance, Abiodun Faleke, disclosed this today in Abuja at the flag-off of the review of the 2023–2025...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
© 2026 The Frontier, Published by Okims Media Links Limited.
designed by winnet services
