Business

20million people at risk of food insecurity in

  • 16th April 2026

Lagos strengthens Red Line capacity with new 24-car

  • 16th April 2026

Europe has ‘six weeks’ of jet fuel left

  • 16th April 2026
MTN Nigeria profits surges ahead of Q1 results amid profitability hopes

MTN suspends Xtratime airtime, data credit service

  • 16th April 2026

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20million people at risk of food insecurity in Sub-Saharan

Business

Lagos strengthens Red Line capacity with new 24-car train

Business

Europe has ‘six weeks’ of jet fuel left –

Business
MTN Nigeria profits surges ahead of Q1 results amid profitability hopes

MTN suspends Xtratime airtime, data credit service

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Business

Europe has ‘six weeks’ of jet fuel left – IEA

Europe may have “perhaps six weeks of jet fuel remaining,” according to the head of the International Energy Agency. The organisation said in a report this week that fuel stocks could hit a tipping point in June if Europe fails to replace at least half of its Middle East imports. The Strait of Hormuz — […]

MTN Nigeria profits surges ahead of Q1 results amid profitability hopes
Business featured

MTN suspends Xtratime airtime, data credit service

MTN Nigeria has temporarily suspended its airtime and data credit advance service, widely known as Xtratime. The telecom operator disclosed the development in a corporate notice filed with the Nigerian Exchange on Thursday. Xtratime enables subscribers to borrow airtime or data and repay on their next recharge, a service that has become essential for millions […]

Nigeria's external reserves dip by $4.28bn in 2023 - Report
featured Finance

Nigeria’s foreign reserves drop sharply by $1.3bn in one month

Nigeria’s foreign exchange buffers have come under renewed pressure as the nation’s gross external reserves plummeted by $1.3 billion within a single 30-day window. This rapid drawdown comes at a critical juncture for the Central Bank of Nigeria, which has been aggressively deploying its reserves to defend the Naira and improve market liquidity. Nigeria’s gross […]

Hacker group Lockbit leaks Boeing data
Aviation

Boeing hiring 140 workers weekly to boost output

A union leader says Boeing’s factory hiring has accelerated to about 100 to 140 workers per week, levels not seen since 2024—driven by retirements and efforts to scale up staffing to meet higher production targets. The comments came from Jon Holden, who recently became vice president for training and apprenticeships at the International Association of […]

Economy

IMF forecasts Nigeria’s debt ratio drop to 32.3% in 2026

The International Monetary Fund projects Nigeria’s debt-to-GDP ratio will decline to 32.3 per cent in 2026, from 35.5 per cent in 2025, before rising slightly to 33.1 per cent in 2027. The fund disclosed this in its Fiscal Monitor report released on Wednesday at the ongoing IMF/World Bank Spring Meetings in Washington, D.C., pointing to […]

Anthropic gives Claude AI power to end conversations
Tech

Anthropic expands London presence after OpenAI move

Anthropic said on Thursday that it is expanding its footprint in London, securing new office space that will accommodate up to 800 employees. The move comes just days after rival OpenAI announced plans to establish its first permanent office in the UK capital. The company, which develops the Claude AI chatbot, said it currently has […]

Business

Nigeria handles 25% West African cargo despite 60% GDP — NPA

The Managing Director of the Nigerian Ports Authority, Abubakar Dantsoho, says Nigeria accounts for over 60 percent of West Africa’s gross domestic product yet handles only about 25 per cent of the region’s cargo traffic. Dantsoho made the remarks in Abuja, attributing ongoing reforms in the maritime sector to the Federal Government and Gboyega Oyetola, […]

Ogun pays 564 pensioners gratuities
News

Ogun okays weekly day off, ₦10,000 transport allowance for workers

The Ogun State Governor, Dapo Abiodun, has approved a weekly day off and a N10,000 monthly transport allowance for civil servants in the state for three months, beginning from April 2026. The development was contained in a statement issued on Thursday by the Head of Service, Kehinde Onasanya. Onasanya said the measures were introduced to […]

Scams

UK jails Nigerian couple over £433,000 tax fraud

A Nigerian couple, Luciana and Femi Akanbi, have been jailed in the United Kingdom for orchestrating a large-scale fraud involving the stolen personal data of Transport for London employees, in a case described as the ‘worst’ data breach in the agency’s history. According to a report by KentLive, the couple were each sentenced to three […]

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