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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Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
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Naira trades near ₦1,375/$ amid market caution

The Naira commenced the new month with mild fluctuations against the United States Dollar across both the official and informal foreign exchange markets, reflecting a cautious but steady outlook. As of the early hours of Friday, May 1, 2026, figures obtained from the Nigerian Foreign Exchange Market and several parallel market trading points in Lagos […]

featured Travel

UAE bans travel to Iran, Iraq, Lebanon amid tensions

The United Arab Emirates Ministry of Foreign Affairs on Thursday announced a travel ban preventing Emirati nationals from visiting Iran, Lebanon and Iraq, citing escalating regional tensions linked to the ongoing Middle East conflict. According to AFP, the move comes amid heightened insecurity following a prolonged crisis triggered by a United States and Israeli military […]

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Dangote Refinery recalls redeployed engineers to boost efficiency

Dangote Petroleum Refinery has approved the recall of engineers who were earlier redeployed across its business units, describing the move as a conditional pardon after disciplinary measures stemming from operational disruptions. The decision, communicated in an internal memo to staff on Thursday, reflects a recalibrated approach by management as it seeks to balance accountability with […]

X to resume headlines display - Elon Musk
Tech

X unveils AI-driven ad tools to boost marketing appeal

Elon Musk’s X is rolling out a rebuilt, artificial intelligence-powered advertising platform in a renewed effort to attract marketers, with the new system beginning its phased rollout on Thursday. The move comes after the company faced early challenges in expanding advertising revenue under Musk’s ownership, prompting a strategic pivot toward alternative monetisation streams, including artificial […]

Don, CITN advocate taxes for economic development
Business

Tax reforms raise demand for skilled, ethical professionals – CITN

The Chartered Institute of Taxation of Nigeria has said that the country’s ongoing tax reforms are driving higher demand for skilled and ethical professionals, cautioning that practitioners will now be held to stricter standards under the new framework. Speaking on Thursday in Abuja at the institute’s 54th induction ceremony, its President and Chairman of Council, […]

Business

Tinubu nominates Joseph Tegbe as Minister of Power

President Bola Ahmed Tinubu has nominated Mr Joseph Olasunkanmi Tegbe as Minister of Power, pending confirmation by the Senate. The announcement was made on Thursday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga. He added that the nomination has been formally forwarded to the Senate for screening and confirmation in accordance with […]

Meta platforms restored after hour-long global outage
Tech

Meta shares plummet near 10% after earnings, Google skyrockets

Meta shares tumbled nearly 10 per cent at the opening on Wall Street on Thursday, while Google-parent Alphabet surged more than six per cent. The fluctuations came a day after the tech rivals reported quarterly earnings and showed starkly different investor reactions for their costly bets on artificial intelligence, according to AFP. More to come…

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JPMorgan executive accused of sexual harassment, drugging junior male staff

A 37-year-old executive director at JPMorgan Chase, Lorna Hajdini, has been accused in a lawsuit of sexually harassing a married colleague over several months. The complaint alleges that she used her senior position to pressure and intimidate the junior employee, ignoring his repeated objections. It further claims she engaged in abusive behaviour, including alleged drugging, […]

Business

NRS launches Rev360 platform to modernise tax collection

The Nigeria Revenue Service has announced the official rollout of its new tax administration platform, Rev360, which will be deployed in phases starting with medium and emerging taxpayers. In a statement issued on Thursday titled “Nigeria Revenue Service Launches Rev360, Marking Transition to Tax Administration 3.0,” the Service confirmed the launch. It described the development […]

Trans-Niger pipeline resumes operations after blast
Business

NNPCL completes River Niger crossing on OB3 gas pipeline

The Nigerian National Petroleum Company Limited has announced the completion of the River Niger crossing on the Obiafu-Obrikom-Oben (OB3) Gas Pipeline, adding 2 billion standard cubic feet per day to gas transmission capacity. This was disclosed in a statement signed by the company’s Chief Corporate Communications Officer, Andy Odeh, on Thursday. According to the statement, […]

Why Nigerian insurance is one of the lowest globally - CPPE
Business

Nigerian workers struggle as rising inflation weakens purchasing power – CPPE

Nigeria’s workers are grappling with worsening living standards as inflation continues to erode the real value of wages. This was contained in a policy brief by the Centre for the Promotion of Private Enterprise, signed by its Chief Executive Officer, Dr Muda Yusuf, and released on Thursday, according to Nairameteics. The group noted that sustained […]

Aviation

US–Venezuela direct flights resume after seven-year suspension

United States and Venezuela is set to land in Caracas on Thursday, marking the resumption of air travel between the two countries after a seven-year suspension ordered by the U.S. Department of Homeland Security over security concerns. The restoration of flights follows a series of major diplomatic developments, including the U.S. capture of Nicolás Maduro […]

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