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 offers members $40m to back commercial subsidiary for

featured Sport

FG exceeds 2024 borrowing target by ₦4.79tn over revenue

Finance

FIFA proposes $20bn World Cup commercial rights sale plan

Business

Oil jumps amid escalating Iran-US tensions in Middle East

Business

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featured

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 […]

Business

DMO announces N600bn FGN bond auction for May

The Debt Management Office has announced, on behalf of the Federal Government, a new N600 billion Federal Government of Nigeria bond auction scheduled for May 2026. The offer is part of the government’s ongoing efforts to meet fiscal obligations, deepen the domestic capital market, and sustain investor participation in fixed-income instruments amid strong demand. According […]

Banking

Four banks publish 321,181 dormant accounts in compliance with CBN directive

Four banks have disclosed details of at least 321,181 dormant accounts in compliance with a directive from the Central Bank of Nigeria. The move comes amid warnings from economic analysts that the CBN’s directive raises serious concerns over customer communication, account reactivation processes, business closures, and data privacy. The listed dormant accounts cut across individuals, […]

Lufthansa pilots hold second strike in one week
Aviation

Lufthansa expands fleet with Airbus, Boeing deals

Lufthansa Group has placed an order for 20 new long-haul aircraft from Airbus and Boeing as part of its fleet renewal strategy. The deal includes 10 Airbus A350-900s and 10 Boeing 787-9 Dreamliners, with a combined list price of around $7.7 billion. Deliveries are scheduled between 2032 and 2034, and the new aircraft will replace […]

Aviation

NCAA to replace paper-based licensing system with digital platform

The Nigerian Civil Aviation Authority has unveiled plans to replace its manual, paper-based licensing system with a fully digital platform covering pilots, engineers, medical personnel, and other aviation professionals. The new system, scheduled to commence on 2 July 2026, is designed to remove long delays and bureaucratic bottlenecks that have historically slowed down the issuance, […]

Business

World Bank warns rising oil prices could worsen food insecurity

The World Bank has cautioned that a sustained rise in oil prices driven by escalating tensions in the Middle East could deepen food insecurity in developing countries, as higher energy and transport costs feed into global commodity prices. In its latest Commodity Markets Outlook, the bank projected that global commodity prices will increase by 16 […]

featured

Nigeria can no longer rely on borrowing for development – Oyedele

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Tuesday said Nigeria can no longer depend primarily on borrowing to finance its development needs, stressing the urgency of building a sustainable fiscal system to support key sectors of the economy. Oyedele made the remarks while addressing participants at the 28th Annual […]

Aviation

ValueJet pledges stronger links between major cities

The Managing Director and Accountable Officer of ValueJet, Omololu Majekodunmi, has reaffirmed that the airline is focused on strengthening connectivity between major cities in Nigeria by delivering safe, reliable, and customer-oriented flight services. He made this known after the announcement of the airline’s new Lagos–Benin service, set to begin operations on May 18. Majekodunmi explained […]

eBay plans to lay off 1,000 workers
Business

eBay rejects GameStop acquisition bid, cites lack of credibility

The board of eBay has turned down US video game retailer GameStop’s surprise $55.5bn (£41bn) bid for the online marketplace, calling the proposal “neither credible nor attractive”. Earlier this month, GameStop made an unsolicited offer for eBay, publishing a letter on its website that outlined a deal split between cash and stock. The move came […]

Netflix commits over $23.5m into Nigeria entertainment industry - FG
featured Policy and Regulations

Netflix sued in US for spying on children, other users

Netflix has been sued in Texas over claims it collects data belonging to children and adults in the United States without their consent, and uses “addictive” design to keep them hooked. BBC reported that Texas Attorney General Ken Paxton accused the streaming giant of “spying” on citizens saying it “records and monetises billions” of pieces […]

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