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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United States Flag attached to a building
featured Finance

US moves to cut Nigeria aid over ‘attack on Christians’

The United States government is moving to place stricter conditions on financial assistance to Nigeria with the House Committee on Appropriations recommending a 50 per cent cut in aid and developmental assistance to the Federal Government over escalating insecurity and religious violence across the country. If passed into law, the National Security, Department of State, […]

Abia to launch electric transport system July — Otti
Business

Abia to clear 20-year gratuity backlog with N10bn allocation

The Abia State Government has set aside more than N10 billion in its 2026 budget to offset over two decades of unpaid gratuities owed to retired civil servants. The announcement was made on Friday at the 2026 International Workers’ Day celebration in Umuahia, where Governor Alex Otti, represented by his deputy, Ikechukwu Emetu, outlined the […]

Aviation featured

FG establishes aircraft leasing company to boost domestic carriers

The Federal Government has approved the creation of the Nigeria Aircraft Leasing Company to enhance domestic airlines’ access to aircraft and boost the nation’s aviation industry. Minister of Aviation and Aerospace Development, Festus Keyamo, announced the decision on his official X account on Friday, stating that it was one of the resolutions adopted at Thursday’s […]

China increases number of Nigerian-made goods in Chinese market
Policy and Regulations

China extends zero-tariff policy to Nigeria, 52 African countries

China has announced the full implementation of zero-tariff measures for 53 African countries with diplomatic relations with Beijing, including Nigeria, in a move aimed at deepening trade ties and expanding market access for African exports. The policy, which took effect on May 1, marks a significant step in China’s broader strategy to strengthen economic cooperation […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
featured Transportation

Tinubu approves ₦1trn Kaduna light rail, ₦178bn road project

Kaduna State Governor, Uba Sani, has expressed appreciation to President Bola Ahmed Tinubu for approving strategic infrastructure contracts worth over ₦1 trillion and ₦178 billion aimed at transforming transportation and connectivity in the state. In a statement on behalf of the Kaduna State Government, the governor commended the Federal Executive Council for the approval of […]

Business

Apple warns of worsening memory shortage

The global memory shortage dominated tech earnings season this week, with Apple CEO Tim Cook warning that it is only the beginning. “We believe memory costs will drive an increasing impact on our business,” Cook said in the Q&A portion of his company’s earnings call on Thursday after repeatedly telling analysts that the company faced […]

Disney announces crackdown on password sharing
Opinion

‘Ant-Man’ star Evangeline Lilly slams Disney over massive Marvel layoff

Hollywood actress Evangeline Lilly has broken her silence over Disney’s recent wave of layoffs, criticising the entertainment giant for dismissing a large number of employees, including key creatives behind the Marvel franchise. The “Ant-Man” star expressed strong disapproval of the company’s decision, particularly its move towards replacing human creativity with artificial intelligence, which she described […]

Scams

ICYMI: Lagos socialite ‘Ariket’ bags 15 years sentence for cocaine trafficking

A Federal High Court sitting in Lagos has convicted and sentenced a Lagos socialite, Mrs Funmilola Ogbuaya, widely known in elite circles as “Ariket,” to 15 years’ imprisonment for conspiracy as well as aiding and abetting the trafficking of cocaine. The judgment marks a significant development nearly nine years after her accomplice, Odeyemi Omolara, also […]

Business

Trump lifts UK whisky tariffs ‘in honor’ of King Charles

United States President Donald Trump on Thursday lifted tariffs on a major United Kingdom export, following a state visit by King Charles III and Queen Camilla that seemed to ease transatlantic tensions after months of political friction. “In Honor of the King and Queen of the United Kingdom, who have just left the White House, […]

Aviation

Airlines avert shutdown despite jet fuel price surge

Nigerian airlines sustained flight operations on Thursday despite earlier threats of an industry-wide shutdown triggered by soaring jet fuel prices, underscoring ongoing tensions in Africa’s leading crude-producing nation and most populous country. This marks the second time within two weeks that a potential strike by airline operators has been averted. Engagements between the Federal Government […]

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