Business

Nigeria’s IMTO inflows surge 45% to record $1.29bn

  • 19th August 2026

NSDC mobilises $1bn for sugar self-sufficiency

  • 18th August 2026

NAFEM turnover hits $1.41bn, highest in weeks

  • 18th August 2026

US states seek major changes as Meta child

  • 18th August 2026

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BudgIT urges FG not to dismiss US transparency report

Opinion

Naira holds steady at ₦1,350/$ in official FX market

Finance

Federal, states, LGs share ₦3.007trn July FAAC

featured Finance

NAICOM revokes universal insurance licence over capital shortfall

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Blog

Apple reshuffles AI leadership amid Siri delays
Tech

Apple iPhone sales drop to 10%

Alex Omenya Apple’s second fiscal quarter report has revealed a 10% decline in iPhone sales compared to the previous year, dropping from $51.33 billion to $45.96 billion. The slowdown, in part, was attributed to an 8% decrease in sales in China. Apple’s cautious approach to adopting AI technology, in contrast to competitors like Google and […]

Crypto

Nigeria’s peer-to-peer crypto trading worth $500bn – Expert

The Chief Executive Officer of cryptocurrency firm NoOnes, Ray Youssef, has said that peer-to-peer popularly known as P2P is probably worth $500bn business in Nigeria alone. This was revealed by Youssef in an interview with Techpoint Africa amid an imminent ban on cryptocurrency in the country, according to The Punch. Youssef said “Peer-to-peer is probably […]

News

79% of households are food insecure in Nigeria – Report

The National Food Consumption and Micronutrients Survey has revealed that 79 per cent of households are food insecure in Nigeria. This is contained in the 2021 National Food Consumption and Micronutrients Survey report launched in Abuja by the Federal government in collaboration with foreign partners and other stakeholders in the food sector, according to Vanguard. […]

Opay warns users against crypto trading on platform
featured News

Opay warns users against crypto trading on platform

One of Nigeria’s prominent fintech companies, OPay, has issued a stern caution to its users regarding cryptocurrency or any virtual currency trading within its app. “In compliance with the CBN directive, please note that OPay prohibits any cryptocurrency and all virtual currency trading. Any account engaging in such activities will be closed, and customer information […]

10 Nigerian states with cheapest healthy diets
featured News

10 Nigerian states with cheapest healthy diets

As the cost of living continues to rise, access to affordable and nutritious food remains a pressing concern for households across Nigeria. The Cost of a Healthy Diet (CoHD) serves as a crucial measure in assessing the economic and physical accessibility of nutritious food options. According to data compiled by the National Bureau of Statistics […]

Agribusiness

FG, states urged to introduce digital training for farmers

Professor Adeolu Ayanwale has called on the Federal and State governments to prioritise digital training for farmers to end food insecurity. This was disclosed by Prof. Ayanwale during a training and capacity development workshop organised by the Commonwealth of Learning, Canada, according to The Punch. Ayanwale is a Professor of Agricultural Economics at the Obafemi […]

The Nigerian equities market closed in positive territory on Thursday, with investors pocketing a gain of N239bn in market capitalisation
News

Investors gain N300bn as NGX begins May bullish

The Nigerian Exchange Limited began the month of May with a surge in market activity, as the All-Share Index appreciated by 0.55%, gaining 537.15 points to close at 98,762.78 points. Investors witnessed a significant increase in market capitalization, gaining N300 billion as it closed at N55.85 trillion, up from N55.55 trillion recorded on April 30th, […]

Apple faces $1.1bn in tariff costs as trade tensions escalates
News

Apple beats expectations, announces $110bn share buyback

Apple, the tech giant, surpassed modest expectations with its quarterly results and forecast on Thursday, unveiling a record share buyback program that sent its stock soaring by 6% in extended trade. The company increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of stock, marking the largest buyback […]

Oil and Gas

9,000 marketers may lose licences – IPMAN

Over 9,000 oil marketing companies are in danger of losing their operating licences as Nigeria battles fuel shortages. This was revealed by the association in a press release signed by the National Public Relations Officer, Chief Chinedu Ukadike, on Thursday in Abuja, according to The Punch Consequently, the Independent Petroleum Marketers Association of Nigeria is […]

News

FG mandates banks to deduct stamp duty charges on mortgages

The Federal Government has mandated all Deposit Money Banks to immediately start the deduction of the 0.375 per cent stamp duty charge on all mortgaged-backed loans and bonds. Mortgage-backed loans and bonds are debt securities issued by governments, municipalities, corporations, or other entities to raise capital, while mortgage-backed loans are loans extended by financial institutions […]

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