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BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

Lagos partners BOI, Sterling Bank to boost MSMEs

  • 8th May 2025
Disney, Warner Bros to launch joint streaming bundle

Disney beats Q2 expectations with strong Disney+ subscriber

  • 7th May 2025
Trump signs executive order establishing US Bitcoin reserve

Investors flee to Europe, Japan amid trade war

  • 7th May 2025

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Tech
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UAE commits to $25bn Nigeria-Morocco gas pipeline project

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Blog

Trump to slash US tariffs on China 'substantially'
Business

US seals minerals deal with Ukraine amid war with Russia

The United States and Ukraine have signed a long-anticipated minerals agreement, granting Washington preferential access to Ukraine’s natural resources in exchange for the establishment of a reconstruction investment fund. The deal, finalized after months of complex negotiations, comes more than three years into Russia’s full-scale invasion of Ukraine. U.S. Secretary of the Treasury Scott Bessent […]

Oil and Gas

Minister leads energy operators to gas conference in China

Nigeria is set to make a powerful impression at the World Gas Conference 2025, with a delegation spearheaded by Ekperikpe Ekpo, Minister of State for Petroleum Resources, the Nigerian Gas Association announced. The triennial gathering of global energy leaders will see robust participation from Nigeria’s government and energy sector. According to the NGA, Ekpo will […]

Sterling Bank pauses ₦6 SMS alert fee to ease customer burden
Banking

Sterling Bank offers Lagosians free rides

Sterling Bank has once again redefined corporate citizenship by launching an unexpected initiative in Lagos. Following the success of its Zero Transfer Fees campaign, the bank surprised commuters last week with free bus rides home, offering a thoughtful gesture to regular Lagosians after their long workdays, according to the statement on Tuesday. What began as […]

Electricity

Metering of Army barracks yields ₦769m revenue – DisCos

The Federal Government’s mass metering initiative for army barracks has reportedly generated over ₦769 million in revenue for the power sector between August 2024 and April 2025, according to electricity distribution companies. This follows the March 2023 launch of the program by Minister of Power, Adebayo Adelabu, at Ikeja Cantonment, Lagos. Adelabu emphasized that the […]

Electricity

FG revives abandoned rural power projects nationwide

The Federal Government of Nigeria has deployed contractors to resume work on all previously abandoned rural electrification projects across the country, according to Abba Aliyu, Managing Director and Chief Executive of the Rural Electrification Agency. The REA, tasked with overseeing rural electrification nationwide, is driving the initiative to ensure completion of these critical infrastructure projects. […]

Business

FG partners Emirates Airline to boost tourism

The Federal Government, through the Ministry of Art, Culture, Tourism, and Creative Economy, has partnered with Emirates Airline to sign a Memorandum of Understanding aimed at boosting tourism in Nigeria. This was disclosed in a statement by the tourism ministry, adding that the agreement was formalized during the 2025 Arabian Travel Market in Dubai, on […]

News

FG begins talks to unlock N1.5tn road investments

The Federal Government has initiated high-level talks with private concessionaires prepared to invest over N1.5 trillion in Nigeria’s road infrastructure but whose projects have stalled due to unresolved administrative challenges. At a meeting on Wednesday in Abuja, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun; the Minister of Budget and Economic […]

News

Tribunal rejects settlement terms between Coca-Cola Nigeria, FCCPC

The Competition and Consumer Protection Tribunal has rejected the settlement terms and consent order between Coca-Cola Nigeria Limited and the Federal Competition and Consumer Protection Commission. This decision comes after the FCCPC withdrew a N186 million fine it had earlier imposed on CCNL for using deceptive trade descriptions. The ruling was delivered on April 30, […]

News

Nigeria, China in talks to strengthen economic ties

Nigeria and China have initiated high-level bilateral discussions to strengthen trade ties and explore tariff reductions, seeking to counter the impact of rising global trade barriers. The talks, held on the sidelines of the BRICS Foreign Ministers’ Meeting in Rio de Janeiro, involved Nigeria’s Foreign Minister, Yusuf Tuggar and China’s Foreign Minister Wang Yi, who […]

Bolt launches electric tricycles in Lagos, targets African expansion
News

Bolt launches electric tricycles in Lagos, targets African expansion

Ride-hailing company Bolt has launched its first fleet of electric tricycles in Lagos, marking a major step in its plans to scale electric vehicle adoption across West Africa. Beginning in May, 25 electric tricycles—developed in partnership with Lagos-based mobility firm SGX Mobility—will be deployed across the city. The rollout expands on Bolt’s existing tricycle operations […]

News

CBN raises N804.85b in OMO auction amid strong investors demand

The Central Bank of Nigeria successfully raised N804.85 billion through its Open Market Operations auction on April 29, 2025, amid high investor demand driven by excess liquidity and elevated inflation expectations. The auction saw N1.057 trillion in total subscriptions—an oversubscription of 111%—though slightly lower than the April 25 auction, where N1.008 trillion was raised from […]

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