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Nigeria’s exports to China jump 80% to $2.3bn

  • 15th August 2026

Anthropic revenue soars 1,360% ahead of planned IPO

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  • 14th August 2026

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Naira gains ₦5.75 against dollar, closes at ₦1,358.25/$

featured Finance

Unions’ picketing of Air Peace sparks safety, security concerns

Aviation featured

Nigeria’s exports to China jump 80% to $2.3bn

Business featured

Anthropic revenue soars 1,360% ahead of planned IPO

Business

Blog

Tinubu appoints Olusi as new BoI boss
Economy

FG plans fresh Eurobond borrowing in June

The Federal Government has enlisted the expertise of leading global investment banks, including Citibank NA, JPMorgan Chase & Co, and Goldman Sachs Group Inc., to guide its forthcoming Eurobond issuance. In addition, Standard Chartered Bank and a financial adviser firm Chapel Hill Denham have been appointed to advise on this venture, according to The Punch. […]

Youverify raises $2.5M to fight anti-money laundering
News

Youverify raises $2.5M to fight anti-money laundering

Nigerian firm specializing in identity verification and anti-money laundering solutions tailored for both banks and startups, Youverify, has successfully secured a $2.5 million investment from Elm, a leading provider of digital solutions serving public and private institutions in Saudi Arabia. This pre-Series A investment not only infuses capital into Youverify but also establishes a strategic […]

Protect your rights, TikTok CEO tells users ahead of US ban
News

Protect your rights, TikTok CEO tells users ahead of US ban

Shortly after the House passed a bill that could potentially lead to a ban on TikTok in the United States, Shou Chew, the CEO of the company, took to social media to rally users to “protect your constitutional rights.” Chew hinted at the possibility of TikTok launching a legal challenge if the bill becomes law. […]

Access Holdings reappoints Aigboje Aig-Imoukhuede chairman
News

Access Holdings reappoints Aigboje Aig-Imoukhuede chairman

Access Holdings Plc (referred to as ‘the Holdco’) has made a significant announcement regarding its leadership, revealing the return of Mr. Aigboje Aig-Imoukhuede, CFR, to the bank as its Non-Executive Chairman. This development comes as Mr. Aig-Imoukhuede replaces Mr. Abubakar Jimoh, the former Chairman of the HoldCo, who transitions to the role of an Independent […]

El Salvador moves Bitcoin to offline vault
Crypto

Binance trained ‘police, EFCC operatives’, blocked 281 accounts over money laundering

Binance stated it confined 281 accounts belonging to Nigerian residents as a result of money laundering concerns in 2022 and extensively partnered with the FG to protect users from illicit activity. The Binance team also stated in a press release, that it had visited the country twice during the fourth quarter, and the company’s Law […]

News

Vetifly’s CEO Okoh, COO Odumodu declared wanted – EFCC

The Economic and Financial Crimes Commission has declared wanted the Chief Executive Officer, Emmanuel Wisdom Okoh and Chief Operating Officer and board member, Angel Odumodu of Vetifly Global Inc. The antigraft agency on Tuesday, published photographs of the wanted persons in a public notice. The EFCC said, said, “The public is hereby notified that the […]

Nigeria’s non-oil exports rise to $1.79bn in Q1 2025 – NEPC
Business

South Africa, Namibia partner on $377m transport infrastructure

Namibia and South Africa are set to launch transport infrastructure projects worth over $377 million, over the next three years to address current rail and port inadequacies. This was disclosed by the Namibian Executive Director, Ministry of Finance and Public Enterprises, Titus Ndove while speaking with CNBC Africa. He said that his office was preparing […]

Foods

Biscuit manufacturer A&P Foods rebrands as Pladis Foods Nigeria

Biscuit manufacturer, A&P Foods Limited, has changed its name and branding to Pladis Foods Nigeria Limited. The company said in a statement that it was aligning itself with Pladis, one of the world’s largest manufacturers of consumer packaged goods, and its portfolio of snack brands, according to The Punch. The move will allow the Nigerian […]

News

Sundry Foods affirms commitment to women’s empowerment

Sundry Foods Limited has expressed a commitment to creating an inclusive work environment for its female employees. This was disclosed in a statement on Tuesday, by the Chief Executive Officer of Sundry Foods, Mr Ebele Enunwa, while addressing female employees during this year’s International Women’s Day event of the firm in Port Harcourt, Rivers State, […]

Reps reject 178bn NPA bad debt petition
Ports and Airports

Cargo inflow surges 200% amidst port reform, says NPA

Nigeria Port Authority, NPA has said that cargo inflow into the country has increased by 200 per cent to 900,000 Twenty-foot Equivalent Units, from 300,000 TEUs, due to the ongoing port reform. This was disclosed by the Managing Director of NPA, Mohammed Bello-Koko Koko while speaking at a breakfast meeting organized by Maritime Reporters Association […]

Japanese Space One rocket explodes during launch
News

Japanese Space One rocket explodes during launch

A startup known as Space One aimed to make history as Japan’s first private entity to deploy a satellite into orbit. Its aspirations were dashed when its rocket, Kairos, met a fiery demise just seconds after liftoff at 11 AM local time. The 60-foot-long rocket took flight from Space Port Kii, situated in Wakayama, a […]

Spotify launches custom transitions to enhance playlists
News

Spotify ventures into music videos, targets premium subscribers

Spotify is making a significant leap beyond its traditional audio offerings by introducing music videos. The streaming giant is launching a beta program that grants premium subscribers access to music videos across mobile, desktop, and TV platforms for a curated selection of tracks by popular artists like Ed Sheeran and Ice Spice. Sten Garmark, Spotify’s […]

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