From Isaac Anumihe, Abuja
The National Bureau of Statistics (NBS) has said that the total capital importation into Nigeria in Q1 2026 stood at US$10,371.90 million, higher than the US$5,642.07 million recorded in Q1 2025. This indicates an increase of 83.83 per cent.
In comparison with the preceding quarter, capital importation increased by 60.97 per cent from US$6,443.48 million in Q4 2025. Furthermore, portfolio investment ranked top at US$9,862.34 million, accounting for 95.09 per cent, foll

From Femi Folaranmi, Yenagoa
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has reaffirmed his commitment to the proposed US-Nigeria Energy Summit designed to drive energy co-operation and attract foreign investment into the oil and gas sector.
Lokpobiri stated this when he received a high-level delegation from the United States Department of Energy (DOE) to advance discussions on the proposed US-Nigeria Energy Summit aimed at deepening bilateral energy co-oper

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Just weeks after transforming Lagos into a playground of creativity and culture, The Gathering on 100 is packing its bags for its next stop and this time, all roads lead to Aba.The announcement came through a vibrant Instagram teaser that immediately sparked excitement among members of the community. Against a backdrop inspired by the city’s unmistakable energ

By Lukman Olabiyi
The Federal Competition and Consumer Protection Commission (FCCPC) has explained why it suspended the implementation and enforcement of its controversial Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations 2025 (DEON Regulations), a move that industry stakeholders say has paved the way for the restoration of airtime and data credit services across Nigeria’s telecommunications sector.
In a statement signed by Ondaje Ijagwu, Director of Corporate Aff

By Chinenye Anuforo
Telecommunications giant MTN Nigeria has announced plans to host what it described as an independent public inquest aimed at examining the mechanics of mobile data consumption and addressing growing concerns among subscribers over data depletion.
The event, scheduled to hold on June 6, comes against the backdrop of increasing public scrutiny of data usage patterns among mobile subscribers and persistent complaints about the rapid exhaustion of data bundles.
According to MTN,

Nigerian singer Davido has been announced as one of the performers at the Los Angeles leg of the World Cup 2026 Countdown Concert series.
The announcement was made by the Fédération Internationale de Football Association in a statement issued on Tuesday.
Davido will thrill music lovers at the Countdown Concert series scheduled for Wednesday, June 10.
According to FIFA, the Los Angeles concert will also see performances from Diplo’s Major Lazer, with other artists expected to

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Ten weeks, twenty-nine housemates, and not a single alliance survived the 10/10 house on a week-on-week basis. BBNaija 10/10 gave us a season where yesterday’s enemy could be an ally by Thursday, and your closest ally could become your biggest threat by Sunday night.Months after Imisi walked away with the crown and the ₦150 million grand prize, the conve

Legendary American singer and songwriter Peabo Bryson, celebrated for timeless R&B classics and award-winning Disney film soundtracks, has died at the age of 75.
According to a family statement released on Tuesday, the Grammy Award-winning artist passed away on the evening of June 2, 2026, at 5:00 p.m. ET, surrounded by close family members.
“He transitioned peacefully… surrounded by the love of his family and those closest to him,” the statement said, adding that Bryson&r