Business

NMDPRA urges Africa to adopt regional fuel pricing

  • 30th July 2026

Seplat sells 10% JV stake to NNPCL for

  • 30th July 2026

BREAKING: Femi Otedola acquires ₦222.20bn First HoldCo shares

  • 30th July 2026

World Bank warns Nigeria risks missing AI revolution

  • 30th July 2026

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Spain rejects emergency declaration despite migrant surge from Morocco 

Business

NMDPRA urges Africa to adopt regional fuel pricing benchmark

Business

Seplat sells 10% JV stake to NNPCL for $281.6m

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Resident doctors declare indefinite nationwide strike from August 10

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World

World Bank adds Abia to $700m SURWASH water supply initiative

Abia State has been selected as one of six states to benefit from the $700 million Sustainable Urban and Rural Water Supply, Sanitation and Hygiene Programme funded by the World Bank. Nairametrics reported that the development was disclosed on Monday by the Commissioner for Information, Okey Kanu, while briefing journalists after the State Executive Council […]

Jim Ovia
Banking featured

BREAKING: Zenith Bank founder Jim Ovia steps down as chairman

Zenith Bank Plc has announced the retirement of its Founder and Group Chairman, Jim Ovia, following the expiration of his tenure in line with regulatory requirements. The bank disclosed this in a corporate notice issued in Lagos on May 5, 2026. Ovia completed the mandatory 12-year tenure permitted under corporate governance guidelines for financial holding […]

First Bank lays off 100 senior staff in restructuring move
Business

Nestoil to sue First Bank, media houses over ‘false dividend suspension’ reports

Nestoil Limited has dismissed recent media reports suggesting that banks’ suspension of dividend payments was linked to an alleged debt owed by the company, describing the narrative as a deliberate attempt to mislead the public and damage its reputation. The company also accused First Bank of Nigeria and its leadership of orchestrating a coordinated media […]

Business

Maersk confirms safe passage of ship through Hormuz under US escort

Danish shipping company Maersk has confirmed that one of its commercial vessels has safely passed through the strategically important Strait of Hormuz under United States military protection. The vessel, Alliance Fairfax, a U.S.-flagged ship operated by Farrell Lines, a subsidiary of Maersk Line Limited—completed the passage on Monday without any incident, the company said. All […]

Hackers breach North Korean spy group’s computer
Tech

US confirms bug in Linux system OS

A critical security flaw affecting nearly all versions of the Linux operating system has left cybersecurity teams rushing to respond after researchers released exploit code that enables attackers to fully compromise affected systems. The United States government has confirmed that the vulnerability, known as “CopyFail,” is already being actively exploited in real-world attacks, with hackers […]

Electricity

NERC shifts billing, metering disputes to states electricity agencies

The Nigerian Electricity Regulatory Commission has instructed electricity consumers in states that now have their own electricity regulators to direct complaints on metering, billing, and related service issues to those state agencies, in line with the Electricity Act 2023. The directive follows the ongoing decentralisation of Nigeria’s electricity market, which has shifted oversight of intrastate […]

Aviation

FG, Airbus seal strategic aviation development ties

The Federal Government has entered into a strategic partnership with European aircraft manufacturer Airbus, focusing on key areas including infrastructure development, maintenance capability, and human capital advancement. The collaboration was formalised through a Memorandum of Understanding, details of which were disclosed in a statement issued on Monday, according to The Punch. Under the terms of […]

FG adds E-Gates to Nnamdi Azikiwe airport
Aviation

AGHAN issues three-day ultimatum to airlines over N9bn debt

The Aviation Ground Handlers Association of Nigeria has handed airlines a final ultimatum over an estimated N9 billion debt, warning that it will suspend essential ground handling services if the outstanding payments are not settled within three days. In a letter dated April 30, 2026, and addressed to the Airlines Operators of Nigeria, the association […]

featured Oil and Gas

NNPCL signs MoU with Chinese firms to revive refineries

The Nigerian National Petroleum Company Limited has signed a Memorandum of Understanding with two Chinese firms for the restart, operation and expansion of the Warri and Port Harcourt refineries. Vanguard reported that in a statement on Monday, NNPC’s Chief Corporate Communications Officer, Andy Odey, said the agreement was signed with Sanjiang Chemical Company Limited and […]

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