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NNPC raises alarm over Nigeria’s growing energy skills

  • 21st August 2026

CBN calls for wider adoption of digital payment

  • 21st August 2026

EFCC charges two over alleged unlawful supply of

  • 20th August 2026

FG urges banks, fintechs to bridge $14.8bn gender

  • 20th August 2026

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NNPC raises alarm over Nigeria’s growing energy skills shortage

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CBN calls for wider adoption of digital payment channels

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featured News

Microsoft warns Africa risks becoming AI consumer

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AI could help EU banks cut jobs by 20% – Report

Morgan Stanley analysts say the rapid adoption of artificial intelligence could allow European banks to cut their workforce by up to 20% in the “shorter term.” In a research note released on Thursday, analysts including Giulia Miotto estimated that AI could drive productivity gains of around 30 per cent. They added that this efficiency boost […]

Business

Ferrari CEO defends €550,000 price tag on first electric car

Ferrari CEO Benedetto Vigna on Thursday defended the 550,000-euro (about $640,000) price tag of the luxury carmaker’s first fully electric vehicle, saying the model has attracted strong interest from customers, including a new wave of ultra-wealthy buyers. The Luce, unveiled on Monday, triggered a negative market response, with Ferrari’s Milan-listed shares dropping 8 per cent […]

Business

Nigeria’s oil revenue misses budget targets in Q3

Nigeria’s oil revenue performance fell sharply below budget expectations in the third quarter of 2025, highlighting the country’s persistent fiscal vulnerability despite slight improvements in actual oil earnings. According to the latest fiscal performance report by the Budget Office of the Federation, gross oil revenue for the quarter amounted to N4.87 trillion, reflecting a shortfall […]

Entertainment featured

AI firm resurrects Marvel founder Stan Lee’s voice, likeness

In a groundbreaking development that bridges comic book nostalgia with artificial intelligence, AI audio company ElevenLabs has announced an expansive licensing deal to resurrect the voice and likeness of Stan Lee, the legendary co-creator of Spider-Man, Iron Man, and the X-Men, who passed away in 2018 at age 95. The agreement, struck with Stan Lee […]

Business

ECB’s Lagarde urges central banks’ protection amid growing economic strain

European Central Bank President Christine Lagarde has called for stronger protection of central bank independence worldwide, warning that monetary authorities are facing increasing political and economic pressures. Speaking on Thursday at a conference in Phnom Penh, Cambodia, she said the key challenge is no longer simply securing independence for central banks, but ensuring that it […]

Business

Toyota global sales fall for third straight month

Toyota Motor Corp. recorded its third consecutive month of year-on-year global sales declines, as disruptions linked to the Middle East conflict continued to impact its operations, with exports to the region plunging by over 90 per cent. The company said Thursday that global sales in April, including its subsidiary Daihatsu Motor Co., fell 3.7 per […]

Business

Oil prices rise as US strikes in Iran heighten supply fears

Oil prices climbed on Thursday after renewed United States strikes in Iran heightened fears of disruption to commercial shipping through the Strait of Hormuz. Brent crude, the global benchmark, rose 2.48 per cent to $96.63 per barrel by 4:13 a.m. ET, easing slightly from earlier gains. West Texas Intermediate increased 2.41 per cent to $90.82 […]

Business

W’Bank education scheme sees over 55% reduction in Nigeria’s classroom funding

Funding earmarked for the construction of new classrooms under the Federal Government’s World Bank-supported education programme has fallen by 55.3 per cent following a restructuring of the $500 million HOPE for Quality Basic Education for All project. According to a World Bank restructuring document, allocations dedicated to building new primary school classrooms through community participation […]

Conferences

Oyetola, others to attend SCAN 2026 for green ports dialogue in Lagos

The Minister of Marine and Blue Economy, Adegboyega Oyetola, immediate past President-General of the Maritime Workers Union of Nigeria, Adewale Adeyanju, and President of the Nigerian Chamber of Shipping, Aminu Umar, among others, will gather at the 2026 Shipping Correspondent Association of Nigeria Dockworkers’ Day to discuss sustainable practices and improved welfare standards for dockworkers […]

Maritime

A’Ibom maritime academy earns global standard certification milestone

The Maritime Academy of Nigeria, Oron, in Akwa Ibom State, on Wednesday, received the Integrated Management System Certification facilitated by the Standard Organisation of Nigeria. This achievement forms part of efforts to strengthen institutional capacity and enhance human capital development. Vanguard reported that speaking at the presentation of the certificate, the Minister of Marine and […]

featured Finance

19,969 retirees switch PFAs amid declining transfer trend

In the quest for better management and significant return on investment for their pension savings, a total of 19,969 Retirement Savings Account holders transferred their pension contributions from one Pension Fund Administrator to another in the fourth quarter of 2025. The value of funds transferred within the quarter stood at N153.31 billion. However, the number […]

Agribusiness featured

NADF, OSPRE sign MoU for agricultural early warning system

The National Agricultural Development Fund and the Office for Strategic Preparedness and Resilience have signed a Memorandum of Understanding to deploy an Agricultural Early Warning System. This system will provide farmers, policymakers, financial institutions and other stakeholders with timely information for planning and responding to threats affecting food production across the country. In a statement […]

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