Business

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

NMDPRA proposes ban on fuel price fixing

  • 6th August 2026

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Manufacturers’ confidence rebounded in Q2 despite operating challenges —

Business

Naira holds steady at ₦1,368/$ in official FX market

Finance

Firms expect borrowing costs to ease in coming months

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Freight agents, Customs clash over Single Window rollout

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Blog

No plan to raise company taxes - FIRS
Appointments

Tinubu appoints new FIRS acting chair

The Federal Internal Revenue Service has named Zacch Adelabu Adedeji as its new Acting Chairman. The Times reported that the former chairman, Muhammad Nami, is about to start a terminal leave of absence. As the new interim chairman of FIRS, Adedeji, a Special Advisor to the President on Internal Revenue, has taken over. In addition to being […]

Nigerian web hosting company WhoGoHost acquires SendChamp
News Tech

Nigerian web hosting company WhoGoHost acquires SendChamp

Nigerian provider of cloud infrastructure, WhoGoHost, has acquired SendChamp, a cloud communications firm that provides online messaging for African businesses for an undisclosed sum. The acquisition, which includes cash and stock, is a part of WhoGoHost’s strategic ambitions to broaden the value it is able to provide to its clientele. SendChamp, a service founded in […]

OpenAI mulls $500bn valuation in employee share sale talks
News Tech

ChatGPT opens third office in Ireland

OpenAI, the company behind the artificial intelligence chatbot, ChatGPT, said on Thursday that it would establish a presence in Dublin. It is the third office for the business. Its San Francisco headquarters are where its London office, which was expected to open in June, will be located. Although OpenAI Chief Strategy Officer Jason Kwon said […]

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

Alphabet cuts staff from recruiting division

Alphabet, the parent company of Google, announced on Wednesday that it was cutting staff from its worldwide recruiting division as the digital giant continues to slow hiring. A small number of employees will be let go by the corporation; there won’t be a mass layoff, and most of the team will be kept around for […]

BVN database hits 58.7m as registrations declinesBVN database hits 58.7m as registrations declines
News Tech

BVN database hits 58.7m as registrations declines

By Bisola David   58.7 million Nigerians owned bank accounts with a Bank Verification Number as of September 12, 2023. The Times reported that the most recent BVN registration data made available by the Nigeria Inter-Bank Settlement System revealed this. Despite recent efforts by the Central Bank of Nigeria to cancel all unlinked bank accounts, […]

FG to review gas polices to promote investment- Minister
featured

FG to review gas polices to promote investment- Minister

  By Wilson Adekumola The Federal Government has stated its plans to revolutionize the existing policies to favour gas development and attract more investors. According to the Sun, Minister of State for Petroleum Resources Gas, Ekperikpe Ekpo, disclosed this during a meeting with top executives of Shell Petroleum Development Company Nigeria who visited him in […]

Reps reject 178bn NPA bad debt petition
Ports and Airports

Why FG approved NAPTIP officers deployment to ports – Minister

The Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, has announced that the federal government has given permission for the deployment of officers from the National Agency for the Prohibition of Trafficking in Persons to various ports in Nigeria. According to The Punch, a statement made by her Special Adviser on Media and Publicity, […]

Delta govt urges FG not to sack pipeline surveillance companies
Oil and Gas

Delta govt urges FG not to sack pipeline surveillance companies

The Special Adviser to the Delta State Government on Niger Delta Affairs, Griftson Omatsuli, has called for the Federal Government to withdraw pipeline surveillance companies’ services in the Niger Delta “dangerous.” According to The Punch, he made this comment recently while giving a tour of the 87-kilometer Trans Forcados Pipeline, which was contracted to a […]

Shareholders to get N1.5bn dividend - NGX Group
Business

NGX earns N339bn as investors purchase dip – Report

The Nigerian Exchange ended Wednesday’s trading session in the black as stocks reversed a two-day bearish trend to gain N339 billion. The Times reported that the local stock exchange has experienced a 2-day decline as shares reacted poorly to the FTSE Russell rating news. The gains from Transcorp and NASCON propelled Wednesday’s resurgence in the stock […]

Fidelity Bank extends GMD/CEO contract
Business

Fidelity bank completes acquisition of Union Bank UK

Fidelity Bank Plc has completed the acquisition of a 100% share in Union Bank Plc UK. The Times reported that this information was made public in a press release sent to Nigeria Exchange Limited. The acquisition, according to the bank, is intended to support its “strategic initiatives on international expansion.” A large amount of value […]

IATA knocks Nigeria over high airport charges
News

IATA knocks Nigeria over high airport charges

International Air Transportation Association, has stated that Nigeria’s Lagos and Abuja airports are the most expensive in the world to run in terms of levies and taxes. The Abuja Airport was cited by the organisation as being the most expensive, followed by the Lagos airport, in its presentation at the three-day Aviation Summit taking place […]

MobileCoin appoints Sara Drakeley as new CEO
News Tech

MobileCoin appoints Sara Drakeley as new CEO

MobileCoin, the company behind Signal’s crypto payments function, which enables encrypted money transfer service, has appointed a new CEO. As the new CEO of MobileCoin, Sara Drakeley will be in charge. Henry Holtzman, the former chief innovation officer of MIT Media Lab, will take over her prior position as the company’s chief technology officer. In […]

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