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UK expands work visa sponsors for Nigerians

UK unveils major visa overhaul to cut legal

  • 11th May 2025

BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

Lagos partners BOI, Sterling Bank to boost MSMEs

  • 8th May 2025
Disney, Warner Bros to launch joint streaming bundle

Disney beats Q2 expectations with strong Disney+ subscriber

  • 7th May 2025

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UAE oil chief named COP28 climate talks president

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Nigeria to receive $3b in telecoms infrastructure in June

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FG approves Medipool to distribute essential healthcare products nationwide

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CBN urged to maintain inflation control measures

The World Bank Group has urged the Central Bank of Nigeria to remain committed to its efforts in tackling inflation. This was stated by the Senior Economist for Nigeria at the World Bank Group, Dr. Sameer Matta, during the launch of the 2025 Macroeconomic Outlook by the Nigerian Economic Summit Group. The event, themed “Stabilisation […]

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Tinubu restored stability to Nigeria’s economy – Edun

Minister of Finance, Mr. Wale Edun, has praised President Bola Tinubu for implementing crucial reforms that have helped stabilize Nigeria’s economy and recover 5% of the nation’s GDP, which was previously lost due to inefficiencies in the federal government and fiscal authorities. In an interview with Bloomberg at the World Economic Forum in Davos this […]

Trump to slash US tariffs on China 'substantially'
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US freezes foreign aid following Trump’s review order

The United States Department issued a “stop-work” order on all current foreign assistance and paused new aid on Friday, following President Donald Trump’s directive to review whether aid distribution aligns with his foreign policy, according to cable obtained by Reuters. The cable, prepared by the Department’s foreign assistance office and approved by Secretary of State […]

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S’Korea to release preliminary Jeju Air crash report Monday

South Korea will release a preliminary report by Monday on last month’s Jeju Air crash that killed 179 people, the deadliest air disaster in the country’s history, according to the transport ministry. One aspect under investigation is the potential role of a bird strike in the Dec. 29 crash of flight 7C2216, which was arriving […]

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Mufasa: The Lion King surpasses N500m at Nigerian box office

After five weeks in cinemas, Disney’s Mufasa: The Lion King has surpassed N500 million at the Nigerian box office. The highly anticipated CG-animated prequel to the 2019 The Lion King continues to captivate audiences nationwide, securing its position as one of the highest-grossing films of 2024 in Nigeria. According to data from the Nigerian box […]

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Meta to invest $65bn in AI infrastructure, says Zuckerberg

Meta plans to invest up to $65 billion in 2025 to enhance its artificial intelligence infrastructure, CEO Mark Zuckerberg announced on Friday. The move aims to strengthen Meta’s position against competitors OpenAI and Google in the rapidly evolving AI technology landscape. The investment includes the development of a data center exceeding 2 gigawatts, large enough […]

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Obasanjo explains reasons for testifying at Mambilla arbitration in France

Former President Olusegun Obasanjo has explained his reasons for voluntarily testifying at the ongoing Mambilla Power Project arbitration in France. He clarified that no one asked him to testify, including President Tinubu, as had been speculated. Obasanjo emphasized that his decision was entirely his own, and he did not discuss his intention to testify with […]

Tech billionaires lose $34.4bn amid market sharp decline
Tech

Meta to invest $65bn on AI projects in 2025 – Zuckerberg

Meta Platforms Inc. plans to invest up to $65 billion in artificial intelligence projects in 2025, including the construction of a massive new data center and expanding its AI workforce, CEO Mark Zuckerberg announced on Friday. Meta plans to allocate the funds toward constructing a data center “so large it would cover a significant part […]

FG to intervene in building, manufacturing sector – Shettima
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FG eyes WEF collaboration on African Atlantic Gas Pipeline

The Federal Government of Nigeria plans to collaborate with the World Economic Forum on the African Atlantic Gas Pipeline project, aimed at connecting Nigeria to Morocco and other African countries to boost regional energy security and economic growth. The announcement was made by the President’s Spokesperson, Stanley Nkwocha, on his official X (Twitter) page on […]

Trump escalates trade war with 200% tariff on European alcohol
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Trump signs executive order overhauling US cryptocurrency policy

President Donald Trump issued an executive order on Thursday, establishing a cryptocurrency working group tasked with drafting new digital asset regulations and exploring the creation of a national cryptocurrency stockpile. The move fulfills Trump’s campaign promise to make the United States a global leader in digital asset innovation. The order includes protections for banking services […]

Frank McCourt open to joint bid for TikTok’s US operations
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Frank McCourt open to joint bid for TikTok’s US operations

United States businessman Frank McCourt has expressed willingness to collaborate with other buyers on a bid for TikTok’s U.S. operations, provided he retains control of the asset. Speaking at the World Economic Forum in Davos on Thursday, McCourt emphasized that capital was not a barrier, citing interest from private equity firms and family offices eager […]

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FG eyes $5bn revenue from annual Orisa congress

The Federal Government, through the National Institute for Cultural Orientation, has projected that the proposed Annual World Orisa Congress could generate over $5 billion in revenue. NICO revealed on Thursday that the project could attract more than one million visitors worldwide and enhance investment opportunities for Nigeria. The World Orisa Congress aims to celebrate and […]

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