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Business · BusinessDay ·BusinessDay 8th May 2026
The daily edition of BusinessDay dated May 8, 2026, represents the scheduled circulation of the financial newspaper for that period. This publication typically focuses on market indicators, corporate news, and economic policy updates relevant to the Nigerian business environment, maintaining its regular editorial cycle for readers.
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Business · ThisDay ·Renaissance Africa Targets 500,000 Bpd Crude Oil Output by 2030
Renaissance Africa has announced its objective to increase crude oil production to 500,000 barrels per day by the year 2030. This target reflects the company's long-term expansion strategy within the African energy sector as it seeks to significantly boost its operational capacity and contribution to regional oil output.
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Politics · ThisDay ·
Ajakaye Declares for Ifelodun/Offa/Oyun Reps Seat, Seeks APC Stakeholders’ Backing
Ajakaye has officially declared interest in representing the Ifelodun, Offa, and Oyun Federal Constituency in the House of Representatives. Seeking the All Progressives Congress ticket, the aspirant has reached out to party stakeholders for support in his bid to secure the legislative seat during the upcoming electoral cycle.
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Education · ThisDay ·
NECO Celebrates 25 Years, Unveils Plans for Global Expansion
The National Examinations Council marks its twenty-fifth anniversary by announcing strategic plans for international expansion. This milestone highlights the agency's evolution within the Nigerian academic sector as it seeks to extend its examination services and certification reach to a global audience in the coming years.
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Politics · ThisDay ·
Shettima: Tinubu Government Rebuilding Economic Pillars States Can Depend On
Vice President Kashim Shettima stated that the President Bola Tinubu administration is working to reconstruct Nigeria's economic foundations. These initiatives aim to establish a reliable framework that state governments can utilize for long-term fiscal stability and development as the federal government continues to implement strategic national reforms.
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Politics · ThisDay ·
Court Finds Ex-Power Minister, Saleh Mamman, Guilty of N33.8bn Money Laundering, Fraud Charges
A Nigerian court has found former Minister of Power Saleh Mamman guilty of money laundering and fraud charges involving N33.8 billion. The judicial decision follows legal proceedings into financial misconduct during his tenure in office. This verdict represents a significant development in the prosecution of high-profile corruption cases within the country's political landscape.
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Other · ThisDay ·
Billionaire Drug Baron, Two Female Kingpins Nabbed in Global Anti-Narcotics Sting
A billionaire drug baron and two female kingpins have been apprehended following a coordinated global anti-narcotics sting operation. The arrests target high-level individuals involved in international drug trafficking networks. This operation highlights the results of multi-national collaboration aimed at dismantling large-scale drug distribution channels and apprehending prominent figures in the trade.
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Health · ThisDay ·
Nigeria Seeks New Global Compact on Health Workforce Mobility
Nigeria is advocating for a revised international agreement regarding the movement of healthcare workers across borders. This initiative aims to address the challenges of brain drain and ensure that the migration of medical professionals remains sustainable while protecting the stability of the national healthcare system.
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Politics · ThisDay ·
Oshiomhole, Bamidele Clash as Senate Rescinds Amendment on Oath Taking
Senators Adams Oshiomhole and Opeyemi Bamidele engaged in a disagreement as the Nigerian Senate decided to rescind an amendment related to oath-taking procedures. The reversal of the legislative decision occurred during a plenary session, highlighting internal friction over the rules governing the formal swearing-in process for senators within the upper chamber.
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Politics · ThisDay ·
Turaki’s PDP Faction Dares Wike, to ‘Come and Shut Down Our Office If You Can’
A faction of the People's Democratic Party associated with Kabiru Turaki has issued a challenge to Nyesom Wike regarding threats to close their administrative headquarters. This development highlights ongoing internal leadership disputes within the political party as various groups vie for control and authority over organizational structures and local office operations.
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Business · ThisDay ·
PETAN Projects $7bn Equipment Spending to Lift Nigeria’s Oil Output to 3m bpd by 2030
The Petroleum Technology Association of Nigeria projects a seven billion dollar investment in equipment to raise national oil output to three million barrels per day by 2030. This spending plan focuses on enhancing technical capacity to boost production levels in the Nigerian oil and gas industry over the coming years.
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Politics · ThisDay ·
Bala Mohammed Faults INEC Timetable for Overlapping With Hajj
Governor Bala Mohammed of Bauchi State has expressed concerns over the Independent National Electoral Commission’s timetable for overlapping with the Hajj pilgrimage. He noted that the scheduling conflict could hinder the participation of many citizens who will be traveling for religious purposes during the specified electoral activities.
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Sports · The Punch ·NFF appoints new Golden Eaglets, Flying Eagles coaches
The Nigeria Football Federation has announced the appointment of new head coaches for the country's youth national teams. These technical leadership changes affect the Under-17 squad, commonly known as the Golden Eaglets, and the Under-20 team, known as the Flying Eagles, as the federation prepares for upcoming international competitions.
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Politics · ThisDay ·
Seriake Dickson Warns Against Political Merchandising, Edo Lawmakers Join NDC
Senator Seriake Dickson has cautioned against the practice of political merchandising within the Nigerian political landscape. Concurrently, several lawmakers from Edo State have reportedly joined the National Democratic Congress, highlighting ongoing shifts and realignments among legislative members in the region.
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Sports · The Punch ·
Olopade hails First Lady’s dedication to women’s sports
Olopade has expressed appreciation for the First Lady's commitment to the development of women's athletics in Nigeria. The praise highlights her ongoing support and advocacy for female athletes, which is seen as a significant contribution toward the growth of diverse sporting disciplines across the country under the current administration's gender-inclusive initiatives.
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Business · Vanguard ·Farmers accuse banks of diverting agric funds to real estate
Farmers in Nigeria are accusing commercial banks of misallocating funds meant for agricultural development. The group claims that credit facilities intended for farming projects are being funneled into the real estate sector. This alleged diversion of financial resources is expected to impact the growth and productivity of the nation's agricultural industry.
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Entertainment · Notjustok ·Only God Lyrics by Victor AD & Timaya
Nigerian musicians Victor AD and Timaya collaborated on a song titled Only God. The publication provides the full lyrics for the track, enabling fans to follow the verses and choruses of the musical piece. This update highlights the ongoing creative partnership and latest artistic output from these prominent figures within the industry.
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Education · The Punch ·
Foundation decries declining reading culture among pupils
An organization has raised concerns regarding the diminishing reading culture among school pupils. The foundation highlighted a significant decline in literacy habits, stressing the need for interventions to restore interest in books. This trend is viewed as a challenge to the academic development of children across the country.
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Business · The Punch ·
African women urged to harness green economy potential
African women have been encouraged to actively participate in the growing green economy to maximize its socio-economic benefits. The call emphasizes the importance of leveraging sustainable opportunities to drive regional development and ensure gender inclusion within the continent's transition to environmentally friendly industrial practices.
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Business · ThisDay ·
Francis Mune Nwaogwugwu: Building a Legacy of Enterprise and Impact
Francis Mune Nwaogwugwu is recognized for his contributions to the business sector and his focus on creating a lasting social influence. The profile examines his professional achievements and his efforts to establish a significant presence through entrepreneurial ventures and impactful initiatives within the Nigerian economic landscape.
Nigerian News
Headlines from across Nigeria, summarised and updated continuously. Tap any headline to read the full story on the source site.