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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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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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Samsung unveils slimmest smartphone yet in strategic move against

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Nigeria’s telecom records growth as mobile subscriptions rise to 169.3m

Banks, Hospitals embrace 5G amid consumer concerns over costs

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Naira gains marginally against dollar in FX market

The naira saw modest gains in Nigeria’s foreign exchange market. On Thursday, the Nigerian currency appreciated slightly in the official market, closing at N1,548.59 to the U.S. dollar. FMDQ data revealed this was N4 lower than the previous day’s exchange rate of N1,552.58/$1. The naira remained stable on the black market, with foreign exchange rates […]

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Trump brushes off Musk’s criticism of $500bn AI project

President Donald Trump on Thursday dismissed criticism from Tesla CEO Elon Musk over a $500 billion artificial intelligence project announced earlier this week. The initiative, a joint venture called Stargate, involves OpenAI, SoftBank, and Oracle, and is projected to build data centers and create over 100,000 jobs across the United States. Trump unveiled the ambitious […]

Nigeria’s telecom records growth as mobile subscriptions rise to 169.3m
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NATCOMS distances itself from NLC’s telecom tariff protest

The National Association of Telecommunications Subscribers has distanced itself from the planned industrial action by the Nigeria Labour Congress over the recently approved telecom tariff hike. In a statement on Thursday, NATCOMS President, Mr. Deolu Ogunbanjo, called the proposed protest unnecessary, cautioning that it could send negative signals to investors. The Nigerian Communications Commission, the […]

CAC to delete inactive companies in 90 days
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CAC to sanction officers violating application guidelines

The Corporate Affairs Commission has vowed to impose sanctions on any officers found violating application guidelines and procedures. In a statement on Thursday, the Commission expressed concern over complaints indicating that some officers may be fast-tracking certain applications at the expense of others. “The Commission does not take these allegations lightly and is, therefore, investigating […]

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FAAN MD jstifies N580bn runway upgrade, threatens resignation

The Managing Director of the Federal Airports Authority of Nigeria, Olubunmi Kuku, has stated that she will step down when she feels it’s time to leave her position. Kuku made the remark while answering aviation industry-related questions on Television Continental on Thursday evening. The FAAN MD, who admitted to stepping on toes and said she […]

Nigeria borrowed money to fight Boko Haram - Oyedele
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Nigeria can achieve 15% inflation target in 2025 – Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has expressed optimism about Nigeria’s inflation outlook for 2025, believing the country can lower the inflation rate from an average of 34.80 percent in 2024 to 15 percent. Oyedele made this statement at the PwC & BusinessDay Executive Roundtable on Nigeria’s […]

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Strict penalties needed for flight delays, cancellations – FG panel

The Federal Government, through the Central Results Delivery Coordination Unit, has called on the Ministry of Aviation and Aerospace Development, along with the Nigerian Civil Aviation Authority, to review a draft policy that suggests imposing stricter sanctions on airlines in response to the rising number of flight delays and cancellations across the country. The Special […]

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Nigeria emerging W’Africa’s crude refining hub, supply challenges persist – CORAN

The Crude Oil Refinery-owners Association of Nigeria has noted that Nigeria is gradually emerging as a refining hub in West Africa, but raised concerns over supply challenges faced by existing refineries. This statement came as the association welcomed the Nigerian Midstream and Downstream Petroleum Regulatory Authority issuing a license for a new private refinery in […]

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FG to raise N450bn in January bond auction

The Nigerian government, through the Debt Management Office, intends to raise N450 billion in January 2025 via its bond auction. This is notably higher than the N360 billion offered in January 2024 and the N120 billion in December 2024 This initiative is designed to help bridge the fiscal deficit and meet the government’s financial obligations, […]

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Moniepoint secures additional funding after $110m raise

Visa has made an investment in Moniepoint Inc., Nigeria’s latest unicorn, just months after the startup raised $110 million to reach this milestone. While the exact amount of Visa’s investment remains undisclosed, the company aims to support Moniepoint’s mission to empower businesses and accelerate its growth across Africa. Visa is also focused on promoting financial […]

South Sudan blocks social media after videos spark deadly riots
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South Sudan blocks social media after videos spark deadly riots

South Sudanese authorities have suspended access to social media platforms for at least 30 days following the circulation of videos allegedly showing the killings of South Sudanese nationals in Sudan’s El Gezira state. The footage triggered riots and deadly revenge attacks across the country. The directive, effective from midnight on Wednesday, was issued by Napoleon […]

Pope Francis urges oversight of AI at Davos summit
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Pope Francis urges oversight of AI at Davos summit

Pope Francis has called on political, economic, and business leaders attending the World Economic Forum in Davos to maintain close oversight of artificial intelligence, cautioning that the technology could worsen the growing “crisis of truth.” In a written message read on his behalf by Cardinal Peter Turkson, a Vatican official, the Pope acknowledged AI’s potential […]

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