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Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran

  • 7th August 2026

Manufacturers’ confidence rebounded in Q2 despite operating challenges

  • 7th August 2026

Firms expect borrowing costs to ease in coming

  • 7th August 2026

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

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Canada visa wait-time rises for Nigerian applicants — IRCC

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Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran war

Business

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FG plans to raise $50m impact investment fund
Economy

Why Nigeria is favourite investment destination after China, India – Edun

The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has declared that after China and India, Nigeria is the largest economy that investors are interested in. Edun offered this perspective on Tuesday while briefing journalists on the sidelines of the ongoing World Bank/International Fund Annual Meetings in Marrakech, Morocco. He stressed the significance […]

Why filling stations are shutting down - Marketers
Oil and Gas

Why filling stations are shutting down – Marketers

Marketers of petroleum products have issued warnings that filling stations are shutting down as a result of rising operating costs. Vanguard reported that marketers criticized President Bola Tinubu’s removal of the fuel subsidy, claiming that steps that should have been taken prior to the removal were not taken, while speaking at the National Executive Council meeting […]

Australia moves to regulate digital payments
News Tech

Australia moves to regulate digital payments

The Australian government announced on Wednesday that it intended to submit legislation giving the central bank the authority to control companies that offer digital wallet services. Since they are not now recognised as payment systems, China’s WeChat Pay, Apple Pay, and Google Pay—all of which have experienced rapid growth in recent years—fall outside of Australia’s […]

Mushroom farming to boost economic development - UNIJOS VC
Agribusiness

Mushroom farming to boost economic development – UNIJOS VC

The Vice-Chancellor of the University of Jos, Prof. Tanko Ishaya, has called for the production and commercialization of mushrooms in order to support the nation’s agricultural sector while simultaneously boosting economic development. The Punch reported that the Vice-Chancellor stated that while mushrooms have amazing potential, they also provide a sustainable source of income because of the employment opportunities […]

First Bank restates commitment to support FMCG wholesalers
Banking

FBN Holdings to raise N139bn via rights issue

FBN Holdings Plc has made a request to the Nigerian Exchange Limited for permission to raise N139 billion in additional capital through a rights issue. The Punch reported that this information was provided by the NGX Regulations in a notice to Trading Licence Holders on Monday. It stated that its stockbrokers, FBNQuest Securities, requested authorization […]

FG urges govs to justify use of subsidy removal savings
Business

FG plans tax, revenue collection agencies’ reduction

The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has stated that his target is to reduce the number of taxes collected in Nigeria to less than ten. According to The Punch, he made this statement on Tuesday in Abuja at the Institute of Chartered Accountants of Nigeria’s 53rd annual conference. […]

MMA2 hikes parking, VIP lounge fees
Aviation

MMA2 hikes parking, VIP lounge fees

Operators of thr Murtala Muhammed Airport Terminal Two, Bi-Courtney Aviation Services Limited, on Tuesday, announced that there will be an increase in the cost of parking and lounge services. According to The Punch, BASL stated that the decision had been put off for a while out of a strong sense of economic solidarity with those who used […]

Google signs $3bn US hydropower deal amid AI energy race
News Tech

Google introduces passkeys as sign-in for users

Google has introduced Passkeys, hailed by the tech giant as the “beginning of the end” for passwords as the standard sign-in mechanism for all users. “This means, next time you sign in to your Google Account, you’ll start seeing prompts to create and use passkeys, simplifying your future sign-ins,” Google product managers Christiaan Brand and […]

TikTok reassigns senior executive team
News Tech

TikTok launches feature for third-party posting

TikTok on Tuesday launched a new feature that will let users publish straight to the video platform via apps like Twitch, SocialPilot, and ByteDance’s CapCut, as well as other apps like Adobe’s AI-powered Premiere Pro and Adobe Express. It also improves on TikTok’s current “Share to” connections, which allow third-party apps to publish to TikTok […]

Apple announces update for iPhone 12
News Tech

Apple announces update for iPhone 12

Apple announced on Tuesday that it intended to provide an update that would prevent the iPhone 12 from using more power while in touch with static surfaces. This is in a bid to comply with France’s radiation testing regulations. The iPhone 12, which has been on the market for three years, was found to emit […]

Egypt signs $40bn deals with UAE, IMF to stabilize currency
News

Egypt’s inflation hit 38% record high in September

Egypt’s inflation rate reached a new high of 38% in September, exceeding predictions. Reuters reported that according to figures from the statistics office CAPMAS, the annual rate of urban consumer price inflation recorded a significant increase from August’s 37.4%. According to information on the central bank website, which includes statistics going back to 2000, this […]

Adobe to launch Photoshop for mobile users
News Tech

Adobe launches AI image generation tool

Adobe on Tuesday, announced the release of new image-generation technology that can take stylistic cues from submitted images and recreate them. The consumer base of creative professionals who utilise Adobe products like Photoshop has been endangered by image-generating technology from companies like Midjourney and Stable Diffusion. According to Adobe, clients have used the tools to […]

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