Business

NNPC raises alarm over Nigeria’s growing energy skills

  • 21st August 2026

CBN calls for wider adoption of digital payment

  • 21st August 2026

EFCC charges two over alleged unlawful supply of

  • 20th August 2026

FG urges banks, fintechs to bridge $14.8bn gender

  • 20th August 2026

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ITF commits ₦700m to certify over 7,000 artisans

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States receive ₦435bn from new FAAC infrastructure, security funds

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NNPC raises alarm over Nigeria’s growing energy skills shortage

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Investment

Nigeria commits to net-zero carbon emissions with German-backed investment plan

The Federal Government launched its Net-Zero Investment Plan in Abuja on Wednesday, setting a 2060 target for carbon neutrality while pushing for growth anchored on clean investment. Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, said the plan outlines Nigeria’s pathway to net-zero greenhouse gas emissions and positions climate action within the country’s […]

featured Oil and Gas

Chinese firms to gain 51% stake in PH, Warri refineries

The Nigerian National Petroleum Company Limited is considering an NLNG-style equity partnership that could hand Chinese investors a majority stake of about 51 per cent in the Port Harcourt and Warri refineries as part of a broader plan to rehabilitate and commercially reposition the facilities. Details of the arrangement emerged after NNPC signed a Memorandum […]

Aviation

Keyamo urges action to improve African air connectivity

The Minister of Aviation and Aerospace Development, Festus Keyamo, has identified five strategic priorities he says are essential to strengthening connectivity across Africa, stressing that the continent can no longer afford to remain among the least connected regions globally. Keyamo made the remarks in a paper presented on Thursday at the Annual Lecture Series of […]

92 million Nigerians without access to electricity - FG
Business

NDPHC restores 450MW Abia power plant after three-year shutdown

The Niger Delta Power Holding Company has announced the successful restoration of the 450-megawatt Alaoji Open Cycle Power Plant in Abia State, bringing the facility back online after a 36-month shutdown linked to gas supply disruptions, metering disputes, and accumulated debts. The Managing Director and Chief Executive Officer of NDPHC, Jennifer Adighije, disclosed the development […]

Tech

Spotify partners Universal Music for AI music creation feature

Spotify and Universal Music Group have reached a new agreement that will enable subscribers to generate AI-powered song covers and remixes. The licensing deal marks the first time Spotify will allow users to create content using artificial intelligence directly on its platform. The feature is expected to launch as a paid add-on within the app, […]

FG seeks investors for nationwide fibre optic project
Business

FG unveils platform to simplify public information access

The Federal Government has unveiled GovGuideNigeria, an artificial intelligence-powered platform designed to make government information and public services more accessible to Nigerians nationwide. Announcing the launch on Thursday via his X handle, Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani said the initiative aligns with the government’s push to enhance public service delivery […]

Business

FCCPC shuts Abuja real estate firms over alleged consumer rights breaches

The Federal Competition and Consumer Protection Commission on Thursday sealed two more real estate firms over alleged consumer complaints involving refunds and property transactions. The enforcement operation, conducted in collaboration with security operatives, followed alleged failure by the firms, Ochacho Group Worldwide and Ti-Bilon, to comply with notices issued by the Commission. The latest action […]

Business

Scammers exploit Microsoft email system in phishing campaign

Scammers are exploiting a loophole in Microsoft’s email infrastructure to send spam messages that appear to originate from the company’s official account notification system, raising concerns about potential phishing risks for users. The abuse appears to involve Microsoft’s internal email address, typically used for legitimate account alerts such as two-factor authentication codes and security notifications. […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Business

CBN allots N829bn in treasury bills amid strong investor appetite

The Central Bank of Nigeria sold a total of N829.32 billion worth of Treasury Bills at its Primary Market Auction held on Tuesday, May 20, 2026, with the 364-day instrument attracting the largest share of allotments. Auction results obtained by Nairametrics on Wednesday showed that investor demand remained strong, as total subscriptions surged to about […]

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

Anthropic to pay SpaceX $45b for AI computing resources

Anthropic has agreed to pay Elon Musk’s SpaceX nearly $45 billion over the next three years for computing resources, under an expanded arrangement supporting its Claude artificial intelligence system, according to a securities filing. The AI company is expected to pay SpaceX around $1.25 billion per month through May 2029, with capacity gradually ramping up […]

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