Blog

Oil and Gas

US-Iran war pushes France trade deficit to €6.9bn

Rising oil prices owing to the Iran war saw France’s trade deficit widen by 1.4 billion euros in March to 6.9 billion euros, authorities said Thursday. According to AFP, imports hit 59.3 billion in March, an increase of 1.8 billion over the previous month. Customs authorities stated that was largely due to the “rise in […]

NITDA to develop blockchain "Nigerium" for data Security
Business

NITDA raises alarm over AI malware DeepLoad

The National Information Technology Development Agency has issued a warning over a new AI-driven malware called DeepLoad, saying it is actively targeting government institutions, financial organisations, businesses, and individuals in Nigeria. In an advisory released on May 6 through its Computer Emergency Readiness and Response Team and posted on its official X account, the agency […]

Banking

Access Holdings explains non-payment of 2025 dividend to shareholders

Access Holdings Plc has reaffirmed its commitment to long term shareholder value and sustainable returns, following a strong performance in the 2025 financial year, while providing clarity on the rationale for the non payment of dividends for the year ended December 31, 2025. The clarification was provided during the Group’s full year 2025 investors and […]

Business

OPay partners CBN to promote financial literacy among youth

OPay, a leading fintech company in Nigeria, partnered with the Central Bank of Nigeria at the Global Money Week 2026 Financial Literacy Fair and Exhibition held on Tuesday, 28th April 2026 at CBN’s headquarters in Abuja. The event, themed “Smart Money Talks,” brought together students from secondary schools across the Federal Capital Territory, including Doveland […]

Naira closes week stronger at N1,534.72/$ 
featured Finance

Naira trades stable at ₦1361/$ as FX turnover rises

The naira recorded slight gains against the United States dollar on Thursday, May 7, 2026, across both the official Nigerian Foreign Exchange Market and the parallel market amid improved forex liquidity and sustained interventions by the Central Bank of Nigeria. Data from the Central Bank of Nigeria showed that the naira appreciated to about ₦1,361 […]

34.3% of employed Nigerians trapped in poverty - Report
featured News

Power sector workers warn of crisis amid insecurity, poverty

Organised Labour in the nation’s electricity industry has raised alarm over worsening insecurity, deepening poverty, and what they describe as a collapsing power sector, claiming that these are pushing them to the brink. Under the umbrella of the National Union of Electricity Employees they lamented that its members are increasingly exposed to violence, unsafe working […]

Aviation

AGHAN suspends planned strike as NCAA moves to resolve crisis

The Aviation Ground Handlers Association of Nigeria has suspended its planned industrial action over the unresolved N9 billion debt dispute following the intervention of the Nigeria Civil Aviation Authority. The association said the strike, which had been scheduled to begin on Thursday, was suspended after the aviation regulator invited its leadership to a stakeholders’ meeting […]

Business

Sahara Power pushes for digital electricity grid to fix Nigeria’s power

Sahara Power Group has called for the adoption of a digital electricity grid to address Nigeria’s longstanding power supply challenges. Speaking through a representative at the IoT West Africa Conference, the Group Managing Director of Sahara Power Group, Kola Adesina, said a digital grid offers the quickest and most sustainable route to ensuring reliable electricity […]

featured

Dangote unveils 20,000MW generation ambition

The chairman of Dangote Group, Aliko Dangote has said he plans to expand into 20,000 megawatts of power generation, while defending his more than $20 billion refinery project as evidence that large-scale industrial investments are achievable in Africa. Dangote made the comments during a podcast hosted by the Managing Director of the International Finance Corporation, […]