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NPA retirees threaten nationwide protest over 16 years

  • 20th April 2026

Hormuz vessel traffic slumps after brief weekend surge

  • 19th April 2026

FG borrows N100bn from unclaimed dividends

  • 19th April 2026

New mini-grid rules will unlock renewable energy expansion

  • 19th April 2026

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Naira closes week stronger at N1,534.72/$ 

Naira strengthens to ₦1,348/$ amid US-Iran war uncertainties

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NPA retirees threaten nationwide protest over 16 years unpaid

Business
Anthropic counters OpenAI with $1 AI offer to government branches

US deploys Anthropic AI tool despite Pentagon risk concern

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Jeff Bezos' Blue Origin to lay off 10% workforce

Blue Origin’s New Glenn misplaces customer satellite during third

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CBN gov Emefiele visits Buhari at state house

  The Central Bank of Nigeria Governor, Godwin Emefiele, on Thursday visited the President, Major General Muhammadu Buhari (retd.), at the State House, Abuja. The visit is considered the second of the governor of Nigeria’s apex financial institution since he returned to Nigeria following on January 12, 2022. The embattled CBN head was a member […]

Ukraine: Russia lost only 8.5% of Western firms, says report
Business

Ukraine: Russia lost only 8.5% of Western firms, says report

A Swiss study has revealed that despite widespread outrage over Moscow’s war in Ukraine, only a few Western companies have deserted Russia. Researchers at the University of St. Gallen and at the IMD institute in Lausanne have delved into how many companies based in the European Union and in G7 countries have actually divested from […]

2023 elections'll decide FX future - Analyst
Business featured

2023 elections’ll decide FX future – Analyst

Bisola Fatoye   The head of investment research at Parthian Securities Limited, Oluwaseun Dosunmu, stated that the upcoming elections would ultimately define the future course of the foreign exchange market. Dosunmu stated that the elections, which would result in a change in the country’s political leadership, would have a significant impact on how both foreign […]

News

Oil pollution: FEC okays N1.4bn for remediation project

  The Federal Executive Council (FEC) approved spending N1.4 billion to purchase cars for the Ogoniland, Rivers State, oil pollution remediation project. This information was disclosed by Environment Minister Mohammed Abdullahi to reporters in the House of Representatives following the FEC meeting on Wednesday at the Presidential Villa in Abuja, which was presided over by […]

Buhari
featured Oil and Gas

Buhari grants NNPC N1.9trn for road projects

Bisola Fatoye   President Muhammadu Buhari has given the Nigerian National Petroleum Corporation Limited his approval to invest N1.9 trillion in the rebuilding of 44 federal roads under the tax credit scheme with four months left in his presidency.   At the conclusion of yesterday’s Federal Executive Council (FEC) meeting in Abuja, media assistant for […]

News

CBN to sanction banks dispensing old notes

The Central Bank of Nigeria has stated that it would begin to sanction banks who are still dispensing the old naira notes. According to The PUNCH, this was disclosed by the Director of the Legal Services Department of the Central Bank of Nigeria, Mr. Kofo Salam-Alada, during a sensitisation event on the new naira notes […]

Naira redesign: CBN has my approval, Buhari clarifies
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Buhari rescued Nigeria from recession twice – Zainab Ahmed

  The Finance Minister, Zainab Ahmed, said that the regime of the President, Major General Muhammadu Buhari (retd), rescued Nigeria from two recessions and has placed the country on track for growth and development. Ahmed said this during her interview session on Wednesday with Bloomberg TV at the World Economic Forum in Davos, Switzerland. The […]

Energy

We no longer rely on Russian energy – Germany

Germany’s Finance Minister, Christian Lindner, says his country has stopped importing energy directly from Russia. He told BBC that Germany no longer relies on Russian imports for its supply of energy even though Germany previously imported around half of its gas from Russia. Christian Lindner shared that the strategy of diversification of Germany’s energy infrastructure […]

Aviation

Lufthansa submits new bid for Italy’s ITA Airways

Bisola Fatoye On Wednesday, the world’s largest airline, Lufthansa, made a new offer for the struggling ITA Airways of Italy, bringing the tumultuous acquisition process closer to its conclusion. According to Lufthansa’s plan, the airline would first acquire a small part in the state-owned ITA, with the option “to purchase the entire shares at a […]

100% cashless economy possible in Nigeria - Emefiele
News

Emefiele back to CBN HQ after police saga

The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, is in his office and going about his business, the apex bank has said. This CBN said this in response to online reports that heavy police presence was observed at his residence in Maitama, Abuja on Tuesday night. The spokesperson for the apex bank, Mr […]

News

PAPU, NIPOST urge African firms to embrace e-commerce

Bisola Fatoye The Nigerian Postal Service and the Pan Africa Postal Union have urged businesses in the Africa to embrace e-commerce for cross-border service delivery. The charge was made in a joint statement released on Tuesday by the NIPOST and PAPU’s secretary general, Mr Sifundo Chief Moyo, as the region’s postal industry as African nations […]

Business featured

Lagos airport customs revenue rises by 25%

Bisola Fatoye The Murtala Mohammed Airport Command of the Nigeria Customs Service generated N69.8 billion in income in 2022 as opposed to N55.67 billion in revenue in 2021. This was disclosed by the Customs Area Controller, Sambo Dangaladima, while outlining the command’s projected earnings for 2022. He said that the area command had never enjoyed […]

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