Business

Fraudsters demand crypto for safe passage through Strait

  • 21st April 2026

Tinubu appoints Fatima Zuntu as NBMA director-general

  • 21st April 2026

FCCPC hails judgment reinforcing its statutory enforcement powers

  • 21st April 2026

DisCos remitted N77.99 billion in Q4 2025 –

  • 21st April 2026

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Stock market closes week positive, indices up 0.06%

The domestic bourse ended the week on a positive note, as market capitalisation gained N14 billion or 0.06 per cent to close at N23.948 trillion from N23.934 trillion recorded the previous days. Also, the All-Share Index gained 25.93 points or 0.06 per cent to close at 43,968.75 points compared with 43,942.82 points recorded on Thursday. […]

Crypto News

Binance halts FTX acquisition deal

Binance has announced that it would not proceed with the plan of acquiring FTX. Recall that most cryptocurrencies experienced a decrease in the immediate aftermath. However, neither Sam Bankman-Fried nor FTX made any public announcements. Safe to mention that many people and publications have expressed their skepticism over whether Binance would actually follow through with […]

Aviation

FG to establish maintenance centre for aviation sector

The Federal Government is set to establish a Maintenance, Repair and Overhaul Centre through Public Private Partnership to reposition the aviation sector in the country.   The Minister of Aviation, Hadi Sirika, disclosed this in Abuja at the third edition of the “President Muhammadu Buhari’s Administration (PMB) Scorecard 2015-2023″ programme.   According to him, the […]

Aviation

FAAN reopens Lagos airport runway

The domestic runway (18L/36R) of the Murtala Muhammed Airport in Lagos was reopened on Thursday for flight services, four months after it was closed down by the Federal Airport Authority of Nigeria.   The runway was earlier closed to enable the installation of navigational facilities.   A Notice-To-Airmen from the Aeronautical Information Services of the […]

News

Anambra residents decry Soludo’s tax scheme

The governor of Anambra State, Prof. Chukwuma Soludo, has once more become the subject of intensive scrutiny following his tax schemes. There was commotion last Friday at Kings Planet International School as armed security personnel entered the building under the guise of demanding tax payment, Daily Post reported. Additionally, Awka food vendors have criticized the […]

Buhari
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FG disburses N101bn from healthcare provision fund

The Federal Government has disbursed N101billion to 7,600 primary healthcare facilities from the Basic Healthcare Provision Fund. Secretary of the Ministerial Oversight committee for BHCPF in the Ministry of Health, Dr Chris Isokpunwu, made this known in Abuja at a two-day retreat organised by the Health Sector Reform Coalition in Abuja. The BHCPF was designed […]

Agribusiness

Agro-allied industry, way out of oil dependence- IPAN

The Institute of Public Analysts of Nigeria said the country needs to tackle issues preventing its agro-allied industry from growing in order to ensure that Nigeria’s economy is less-dependent on oil.   According to Punch, the Registrar, Aliyu Angara, disclosed this during the commemoration of the 30th anniversary of the institute and Mandatory Continuous Professional […]

Economy

UK economy shrinks by 0.2%, recession looms

The United Kingdom appears to be heading into recession after the latest official figures showed the economy shrank between July and September.   BBC reported that the economy contracted by 0.2% between July and September as soaring prices hit businesses and households nationwide.   A recession is a significant, widespread, and prolonged downturn in economic […]

Crypto

Crypto billionaire Bankman-Fried loses 94% wealth

Crypto billionaire, Sam Bankman-Fried, has experienced a 94 per cent overnight decline in his wealth, according to the Bloomberg Billionaires Index. The Bloomberg wealth index predicted that current FTX investors, such as Bankman-Fried and Alameda, will lose everything due to Binance’s upcoming bailout of FTX. Sam Bankman’s net worth had decreased from $15.6 billion on […]

Debt
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Nigeria’s debt hits N42.84tn in Q2 – NBS

Nigeria’s public debt stock increased from N35.46 trillion (86.57 billion dollars) in the second quarter of 2021 to N42.84 trillion (103.31 billion dollars) in the corresponding period in 2022. Public debt stock includes external and domestic debts. The National Bureau of Statistics made the declaration in its Nigerian Domestic and Foreign Debt Report for Q2 […]

News

Musk sells $3.9bn Tesla shares after Twitter deal

Tesla boss and new Twitter CEO, Elon Musk, has sold another 19.5 million shares of the electric car maker worth $3.95bn.   This is coming less than two weeks after the world’s richest man completed his $44bn takeover of Twitter.   BBC reported that Tesla’s share price has fallen by more than 50% since the […]

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