Business

Finance ministry demands legal basis for N680m NAICOM

  • 10th August 2026

NGX listed firms earned ₦179.5bn finance income in

  • 10th August 2026

Nigeria’s monthly data consumption hits record 1.5mTB in

  • 10th August 2026

NITDA urges regulatory collaboration to support emerging technologies

  • 10th August 2026

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Nvidia unveils Nemotron 3.5 lightning as open-source AI debate

Tech

Anthropic to watermark AI-generated text under new EU rules

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Spotify introduces ‘AI Persona’ labels for AI-generated artists

Tech

Google Gemini surpasses 1b monthly active users

Tech

Blog

Dapo Abidoun, Dangote, others visit Herbert Wigwe’s parents
News

Dapo Abidoun, Dangote, others visit Herbert Wigwe’s parents

The President/Chief Executive Officer, of Dangote Group, Aliko Dangote and the Governor of Ogun State, Dapo Abiodun, Aig Imokhuede, Pat Utomi, Atedo Peterside, alongside other associates have paid a condolence visit to the parents of the late CEO, Access Holdings Plc., Herbert Wigwe, on Monday. The visit was made known to the public on Monday […]

FIRS announces new TAXPR-MAX platform for CbCR
Business

FIRS denies plans to impose taxes on content creators

The Federal Inland Revenue Service has stated that it does not plan to tax content creators online. The News Agency of Nigeria reported that individuals who create skits are exempt from FIRS taxation. The agency was reportedly considering taxing internet content creators, often known as “skit makers,” in an attempt to increase government revenue. This […]

Custom to free detained vehicles, amid FX crisis
Business

Customs pledges 24-hour port operations improvement

The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, has given his assurance that the Time Release Study implementation would remove delays in cargo clearance and allow for 24-hour port operations. According to the News Agency of Nigeria, these statements were made by Adeniyi on Monday in a Lagos interview. He underlined that by locating and […]

Abia gov Otti extends tribute eulogizing Herbert Wigwe
News

Abia gov Otti extends tribute eulogizing Herbert Wigwe

Governor Alex Otti of Abia State extended his tribute to the late Herbert Wigwe, the former CEO of Access Bank, recognizing Wigwe’s innovative approach to mergers and acquisitions. “You would prove bookmakers wrong, even with your “Mergers and Acquisition” mindset.,” Otti said He added “I remember taking you up about 15 years ago quoting a […]

Namibia orders Starlink to halt operations over unlicensed service
Tech

Russia denies using Elon Musk’s Starlink

Russia stated on Monday that Elon Musk’s Starlink satellite internet system could not be utilized in the country because it was neither formally given to Russia nor certified for use there. However, Ukraine stated that Russia has been utilizing Starlink for military communications in areas of Ukraine that it controls, according to information released on […]

Wigwe University mourns founder Herbert Wigwe
News

Wigwe University mourns founder Herbert Wigwe

The board and the management of Wigwe University have announced the passing of its founder, Herbert Wigwe. In a statement released earlier on Monday on LinkedIn, the tertiary institution with a heavy heart announces the passing of its founder. “It is with heavy hearts that the Board of Trustees of Wigwe University announce the tragic […]

Naira strengthens slightly to N1,534.52/$ at official market
Economy

Nigeria’s foreign reserves to drop 2024 – IMF

The International Monetary Fund has predicted that Nigeria’s foreign reserve is expected to decrease significantly, falling to $24 billion in 2024. “Through 2024–25, the financial account is likely to deteriorate, with no projected issuance of Eurobonds, large Fund and Eurobond repayments of $3.5 billion, and portfolio outflows,” IMF stated in its report. The IMF’s latest […]

FAAC funds to FG, states hit 7-year high in 2023
News

FAAC funds to FG, states hit 7-year high in 2023

In 2023, the total amount disbursed by the Federation Account Allocation Committee to Nigeria’s 36 states reached its greatest level in at least seven years. According to BusinessDay, FAAC shared a total of N16.04 trillion to the three levels of government, according to the most recent data from the National Bureau of Statistics (NBS). This represents a […]

Price of satchet water may rise to N100 - Producers
News

Enugu table, sachet water producers shut down over harsh economy

By Onwubuke Melvin   Enugu table, sachet water producers shut down over harsh economy The Association of Table Water Producers in Enugu State stated that it has commenced a temporary shutdown of its water production factories as a result of the high cost of production. After an emergency meeting on February 8, 2024, ATWAP suspended […]

Why affordable housing can't be realistic in Nigeria - Developers
Real Estate

FMG boosts efforts to fulfil housing demands

In order to satisfy Nigerians’ need for housing, the Federal Mortgage Bank of Nigeria has stated that it is prepared to restructure and reorganize its operational activities. According to The Punch, a promise was made by the bank’s managing director, Madu Hamman, during its 2024 Management Retreat, which took place on Friday in Niger State.”Transformational Innovation […]

Court upholds NMDPRA's authority to impose statutory taxes
News

Court upholds NMDPRA’s authority to impose statutory taxes

The Nigerian Midstream and Downstream Petroleum Regulatory Authority’s authority to levy and collect taxes on petroleum products supplied in Nigeria has been upheld by the Federal High Court in the first significant court ruling concerning the Petroleum Industry Act 2021. The PUNCH reported that NMDPRA said in a statement released in Abuja on Sunday that […]

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