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Petrol stations risk licence revocation over under-dispensing –

  • 22nd September 2026

FG to install 300 containers of equipment to

  • 22nd September 2026

Black employees allege racism at Tesla factory

  • 22nd September 2026

Afreximbank, ATDC sign $500m facility to boost African

  • 22nd September 2026

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Petrol stations risk licence revocation over under-dispensing – NMDPRA

Business

FG to install 300 containers of equipment to upgrade

Business

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Tech

Larry Ellison abandons $7.5bn Oracle stock sale plan

Oracle co-founder and executive chairman Larry Ellison has cancelled plans to sell shares worth about $7.5bn, the company announced on Saturday. Oracle had earlier disclosed in a regulatory filing that Ellison planned to sell 50 million shares, according to Reuters. The company did not provide a reason for the decision to cancel the planned sale. […]

Business

Crude oil prices surge as S’Arabia closes key pipeline

Crude oil prices rose sharply on Sunday after Saudi Arabia shut down a major pipeline that transports crude while bypassing the Strait of Hormuz. United States West Texas Intermediate futures gained 3.23 per cent to $103.28 per barrel by 3:41 a.m. ET, while Brent crude, the international benchmark, climbed 3.36 per cent to $108.13 per […]

Business

Nigeria, China partner on migration, intelligence sharing

Nigeria’s Immigration Service and China’s National Immigration Administration have agreed to strengthen collaboration in migration management, border security and intelligence sharing. The agreement was disclosed in a statement signed by the NIS Public Relations Officer, Akinsola Akinlabi, on Sunday in Abuja. The agreement was reached during a bilateral meeting between the Comptroller-General of Immigration, Kemi […]

Business

Telcos deploy 8,526 sites amid rising fibre cuts – NCC

Mobile network operators in Nigeria have deployed 8,526 of the 12,179 coverage and capacity sites they committed to providing nationwide, as persistent fibre cuts continue to disrupt telecommunications services, the Nigerian Communications Commission has said. The deployment represents about 70 per cent of the operators’ commitments, up from approximately 5,000 sites reported at the commission’s […]

Finance

NGX sheds ₦1.9trn as profit-taking ends bullish streak

The Nigerian equities market reversed its bullish run last week, shedding N1.9 trillion to widespread profit-taking across major stocks. This came after a bullish penultimate week, during which investors had gained N3.73 trillion on the Nigerian Exchange Limited, NGX. Last week’s trading, however, was marked by heavy selling pressure across banking, industrial goods, consumer, oil […]

featured

Dangote Refinery commences N2.15tn public offering

Dangote Petroleum Refinery & Petrochemicals FZE has commenced its Initial Public Offering, marking a major development for Nigeria’s capital market and the country’s industrial sector. The IPO will be formally launched at a ceremony on the trading floor of the Nigerian Exchange in Lagos, giving members of the public an opportunity to acquire a stake […]

Banking

Banks close 476 branches in three years

Deposit Money Banks in Nigeria shut 476 branches and cash centres between 2022 and 2025, cutting their physical presence by 8.8 per cent over the three-year period, according to Central Bank of Nigeria data. Figures from the CBN’s 2025 Statistical Bulletin for the Financial Sector showed that the number of bank branches and cash centres […]

Maritime

Aquatic life returns to Ogoni creeks, says FG

Federal Government officials say marine life and ecological systems have substantially bounced back across the majority of creeks in Ogoni, Rivers State, a development attributed to sustained environmental cleanup operations in the area. Authorities also launched the second stage of a shoreline restoration and mangrove replanting scheme, part of a broader push to finalize environmental […]

Business

China to drive AI collaboration among BRICS countries – Xi

China will take the lead in promoting artificial intelligence collaboration and development among developing countries, President Xi Jinping said at the BRICS summit in New Delhi. Xi said China would spearhead the creation of a BRICS AI open-source community to support cooperation in developing and deploying large language models, as well as organise AI seminars […]

featured Finance

Naira holds steady at ₦1,326.84/$ FX market

The naira maintained relative stability against the United States dollar at the start of the new trading week, even as the gap between the official and parallel market rates persisted. Data on the Nigerian Foreign Exchange Market showed the dollar exchanging at about N1,326.84 as at Monday, September 14, 2026. In the parallel market, however, […]

featured Finance

Auditor-General flags ₦124.12bn procurement irregularities across federal MDAs

The Auditor-General for the Federation has uncovered contract and procurement irregularities valued at N124.12bn across several Federal Government Ministries, Departments and Agencies. The infractions ranged from irregular contract awards and violations of procurement due process to payments for jobs and contracts that were not executed or were not properly executed. The findings were contained in […]

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