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Crude oil prices rise as Iran rules out

  • 17th August 2026

India-Nigeria trade hits $9bn, rises by 26%

  • 17th August 2026

High lending rates still threaten manufacturing sector recovery

  • 17th August 2026

FG resets profit-sharing terms to attract new deep

  • 17th August 2026

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Student loan: How to apply for NELFUND

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NELFUND caps loan repayment at 10% of graduates’ monthly

Finance

Crude oil prices rise as Iran rules out talks

Business

Over 200 KASU lecturers resign over poor service conditions

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Arnault leads as world’s richest sees $5.7bn drop

The world’s richest people, including Bernard Arnault, had collectively seen their net worth drop by  $5.7 billion, as of the time of filing this report. The Chairman of LVMH, Arnault, takes the lead with a loss of $2.6 billion, while India’s richest man, Mukesh Ambani follows with a decline of $1.6 billion. The owner of […]

The Federal Government, through the Debt Management Office, has announced plans to reopen two tranches of its savings bonds worth a combined N350 billion for public subscription.
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FG spends N4.83trn bonds, treasury bills to settle CBN loans

The Federal Government of Nigeria has recently allocated approximately N4.83 trillion, sourced from Nigerian Treasury Bills and Bonds issued in 2024, to settle the Ways and Means Advances obtained from the Central Bank of Nigeria. This disclosure was made by Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, during his […]

Ethereum records 267,000 new wallet creations, breaks record
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Ethereum increases by 8%, highest in over a month

The recent surge in Ethereum, which witnessed an impressive 8% increase, has set a new milestone as its largest surge in over a month, sparking renewed excitement within the cryptocurrency ecosystem. Ethereum’s surge has notably outpaced major crypto assets like Bitcoin, signaling a potential shift in market dynamics. According to reports from BeinCrypto, the surge […]

Geregu Power profit surges 300% gain in pre-tax profits
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Geregu Power profit surges 300% gain in pre-tax profits

Onwubuke Melvin Geregu Power is the first publicly traded company to report its first quarter of 2024 results. This was disclosed in a notice of the interim financial statement, the company filed with the NGX group on Tuesday. This follows the recent remarkable performance with an even more significant profitability growth. In the financial statement, […]

X roll out passkey logins for iOS users
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X roll out passkey logins for iOS users

X has broadened its support for passkey logins, extending the option to users worldwide who access the app via iPhone. Formerly known as Twitter, the social media platform initially introduced passkey support exclusively for iOS users in the United States in January. Now, the X Safety account has confirmed its global rollout, providing more individuals […]

NCAA introduces dress codes for officers
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NCAA introduces dress codes for officers

The Nigeria Civil Aviation Authority has introduced a new dress code for all consumer protection officers stationed at the nation’s airports, in an effort to enhance consumer rights and experiences. The Director of Public Affairs and Consumer Protection at NCAA, Michael Achimugu, unveiled this initiative as part of a comprehensive strategy aimed at improving staff […]

Google launches Gemini-powered chatbots for businesses
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Google launches Gemini-powered chatbots for businesses

Google has unveiled the Gemini-powered chatbots being developed by its partners, some of which users may soon interact with at the ongoing Google Cloud Next conference in Las Vegas, United States. Notably, Best Buy is harnessing Google’s technology to craft virtual assistants capable of assisting customers in troubleshooting product issues and adjusting order deliveries. IHG […]

Google launches Axion processor
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Google launches Axion processor

The commencement of Google Cloud Next 2024 marks the beginning of a series of significant announcements from the company, chief among them being the unveiling of its new Axion processor. Representing Google’s inaugural venture into Arm-based CPUs tailored specifically for data centers, Axion was meticulously crafted utilizing Arm’s Neoverse V2 CPU architecture. According to Google, […]

US court revives lawsuit against Elon Musk over child porn content
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AI will be smarter by humans next year – Elon Musk

Tesla CEO Elon Musk made bold predictions about the advancement of artificial intelligence. Musk stated that he anticipated the development of AI surpassing human intelligence, possibly as early as next year or by 2026 during a comprehensive interview on X spaces. Addressing Nicolai Tangen, CEO of the Norway wealth fund, Musk emphasized the limitations of […]

News

Top 10 African countries with the highest sugar sweetened beverages tax

Sugar-sweetened beverages taxes have emerged as a critical public health policy tool, although their optimal design remains under debate compared to established tobacco and alcohol taxes. However, policymakers worldwide have become increasingly interested in the potential of SSB taxes to improve population health and increase revenue generation leading to an increased adoption of such policies […]

Electricity

Technical glitches hindering 20-hour power supply – DisCos

Some electricity distribution companies have continued to blame technical faults and other challenges for their inability to supply 20-hour power to customers on Band A feeders. The DisCos via their social media platforms had pleaded to the customers in Band A, calling for their understanding for their failure to meet the required minimum service level, […]

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