Business

FIFA proposes $20bn World Cup commercial rights sale

  • 29th July 2026

Oil jumps amid escalating Iran-US tensions in Middle

  • 29th July 2026

NCC, REA partner to cut digital infrastructure costs

  • 29th July 2026

NLNG hits $150bn revenue as global LNG exports

  • 29th July 2026

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FIFA proposes $20bn World Cup commercial rights sale plan

Business

Oil jumps amid escalating Iran-US tensions in Middle East

Business

CBN fines banks N430m over customer complaint failures, regulatory

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NCC, REA partner to cut digital infrastructure costs

Business

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Business

NRS introduces single tax identity framework across Nigeria

The Nigeria Revenue Service in partnership with the Joint Revenue Board, has unveiled a new Taxpayer Identification system for all taxable persons across the country. The announcement was made in a public notice released on Monday. According to the NRS, the initiative aligns with Sections 6, 7, and 8 of the Nigeria Tax Administration Act, […]

News

Lagos saves ₦118.32bn properties from fire outbreak in 2025

The Lagos State Government on Monday disclosed that properties valued at N118.32 billion were saved from fire incidents in 2025, while properties worth N19.72 billion were lost to various fire outbreaks across the State. Vanguard reported that the commissioner for Special Duties and Inter-Governmental Relations, Mr. Olugbenga Oyerinde, disclosed this during the 2026 ministerial press […]

Finance

DMO auctions ₦600bn bonds with yield up to 22.60%

The Debt Management Office Nigeria is auctioning N600 billion today, Monday May 18, 2026, reopened Federal Government bonds, with elevated yield as high as 22.60 per cent. On behalf of the Federal Government of Nigeria, the agency is rolling out two previously issued instruments carrying coupon rates of 22.60 per cent and 16.2499 per cent, […]

Investment

AFC commits $100m to boost Africa tech venture capital

Africa Finance Corporation has approved a commitment of up to $100 million to invest in Africa-focused technology fund managers, in a move aimed at increasing local institutional participation in the continent’s fast-growing venture capital ecosystem. The AFC disclosed this in a statement released on Monday. The investment comes as Africa’s digital economy is projected to […]

Business

US outlines visa requirements for 2026 W’Cup fans

The United States has issued updated visa guidance for international fans intending to attend the FIFA World Cup 2026, advising travellers to secure the appropriate documentation ahead of the tournament. The advisory, published on the United States Department of State website, outlines entry requirements and visa procedures for foreign visitors. The notice comes as preparations […]

featured Oil and Gas

Iran sets up new body to manage Strait of Hormuz

Iran’s top security authority said on Monday it has established a new body to oversee operations in the Strait of Hormuz, a strategic waterway Tehran has effectively restricted and is now seeking to impose charges on vessels passing through. In a post on its official X account, the Supreme National Security Council announced the creation […]

Electricity

NDPHC pledges extra 1,500MW power boost for Lagos

The Managing Director and Chief Executive Officer of Niger Delta Power Holding Company, Engr. Jennifer Adighije, has said the company is ready to supply an additional 1,500 megawatts of electricity to Lagos. She disclosed this during a courtesy visit to the Managing Director and Chief Executive Officer of the Lagos State Electricity Regulatory Commission, Mrs […]

Finance

Nigerian stock market gains ₦3.34trn in bullish week

The Nigerian stock market extended its bullish run last week, as investors reaped N3.34 trillion gain. Sustained buying interest in banking, consumer goods and selected industrial stocks outweighed pockets of profit-taking witnessed across some other sectors of the market. The positive close on the Nigerian Exchange further reinforced investor confidence in the market. Institutional and […]

Manufacturers, importers to stop supplying drugs to Kano market
Business

ICYMI: NAFDAC clears BON Bread over viral shelf-life claims

The National Agency for Food and Drug Administration and Control has cleared BON Bread producer, Food & Food Integrated Company Limited, of any regulatory violation after viral claims alleged that the product had an unusually long shelf life. The agency said in a statement on Sunday that the decision followed a scientific investigation initiated in […]

Business

NPA to host regional maritime talks on port development

The Minister of Marine and Blue Economy, Gboyega Oyetola, is set to declare open the Board of Directors meeting of the Port Management Association of West and Central Africa on Monday in Lagos. According to the Nigerian Ports Authority, the three-day meeting, scheduled for May 18 to 20, will convene chief executives and senior maritime […]

Samsung blames US AI chip sanctions for profit slump, shares dip
Business

S’Korean leader seeks balance between labour, business rights amid Samsung strike

South Korea’s President Lee Jae Myung on Monday urged a balance between labour and management rights as a potential 18-day strike at Samsung Electronics approaches. In a post on X in Korean, he said labour rights should be respected as much as business interests, while corporate management rights should also be given equal respect. “Excess […]

featured Food

Dangote pledges massive fertiliser push for Africa food security

President of the Dangote Group, Aliko Dangote, has reaffirmed his commitment to boosting food security across Africa through large-scale fertiliser investments. He declared that the continent has the capacity to feed itself and become a net exporter of agricultural products. Dangote made this known while addressing journalists in Gode, in Ethiopia’s Somali region. The occasion […]

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