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

Blog

featured

Oil prices rise as IEA warns of heightened market volatility

Oil prices climbed on Thursday after the International Energy Agency warned of rising market volatility, even as OPEC revised its demand outlook downward for the year. International benchmark Brent crude futures for July rose 0.34 per cent to $105.99 per barrel, while U.S. West Texas Intermediate crude futures for June increased 0.43 per cent to […]

featured Policy and Regulations

NLC, TUC vow resistance against assault on workers rights

The 2026 May Day celebration was marked less by festivity and more by confrontation as the labour movement drew a hard line against what it described as a widening assault on workers’ rights. Labour leaders warned that worsening insecurity and deepening poverty have made “decent work” increasingly unattainable for millions. The two central labour organisations, […]

Business

Agbaje downplays fintech rivalry as HabariPay boosts GTCO gains

Guaranty Trust Holding Company Chief Executive Officer, Segun Agbaje, says the group is no longer worried about competition from fintech firms, pointing to the strong performance of its digital payments arm, HabariPay. Agbaje made the remarks in an interview with Nairametrics CEO, Ugo Obi-Chukwu, on the sidelines of GTCO’s Annual General Meeting in Lagos. He […]

Opinion

Inconsistent court decisions pose risk to banking sector — Chief judge

The Chief Judge of the Federal High Court, Justice John Tsoho, yesterday raised alarm over the growing danger posed by inconsistent judicial decisions in financial and banking disputes. He warned that such contradictions could trigger systemic instability in Nigeria’s financial sector. Speaking through Justice Olayinka Faji at the 2026 Sensitisation Seminar for Judges of the […]

Nigerian crypto firm convicted for illegal USDT-Naira transactions, forfeits N140m
Business

EFCC arrests energy commission DG over alleged money laundering

Operatives of the Economic and Financial Crimes Commission have reportedly arrested the Director-General of the Energy Commission of Nigeria, Mustapha Abdullahi, over allegations of money laundering. A source within the anti-graft agency, who spoke on condition of anonymity, said Abdullahi was picked up in Abuja on Wednesday and is currently being held in EFCC custody, […]

Amazon cuts 100 Jobs in devices, services unit
Tech

Amazon shuts down Rufus chatbot, unveils Alexa for shopping

Amazon is shutting down its Rufus chatbot as it shifts focus to making Alexa the core of its AI-driven shopping strategy. On Wednesday, the company introduced Alexa for Shopping, an e-commerce assistant designed to answer questions and complete tasks on users’ behalf. Amazon said the new tool combines features from Rufus and Alexa+, while drawing […]

Business

PenCom removes approval requirement for PFA advertisements

The National Pension Commission has scrapped the requirement for Pension Fund Administrators to seek prior written approval before publishing advertisements and marketing materials. The change was outlined in a circular dated May 8, 2026, signed by the Director of the Surveillance Department, A.M. Saleem. According to the commission, the new directive takes immediate effect and […]

OpenAI board rejects Elon Musk-led buyout offer
Tech

Sam Altman takes stand in high-stakes legal clash with Musk

OpenAI’s Chief Executive Officer, Sam Altman, testified in court on Tuesday as he defended himself and the company against a lawsuit filed by Elon Musk. Altman is expected to be among the final witnesses in the high-profile trial, which has set two of the technology industry’s most influential figures against each other in a tense […]

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Ex-power minister Mamman sentenced to 70 years for fraud

A Federal High Court in Abuja has sentenced former Minister of Power, Saleh Mamman, to a cumulative prison term of about 70 years over a 12-count amended money laundering charge brought by the Economic and Financial Crimes Commission involving N33 billion. Delivering judgment on Wednesday, Justice James Omotosho ordered that the seven-year sentences imposed on […]

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