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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 

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NMDPRA urges Africa to adopt regional fuel pricing benchmark

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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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NUPRC urges refiners to invest in oil blocks for stability

The Nigerian Upstream Petroleum Regulatory Commission has advised members of the Crude Oil Refinery Owners Association of Nigeria to explore opportunities to acquire oil blocks in future licensing rounds as a sustainable way to address crude supply challenges. The Commission Chief Executive, Mrs Oritsemeyiwa Eyesan, made the recommendation during a recent courtesy visit by CORAN […]

South African billionaire Wiese sells Shoprite shares worth $49.5m
Business

Lagos court bars Shoprite directors from selling assets over debt

A Federal High Court sitting in Ikoyi, Lagos, has barred Shoprite’s directors from selling any of the company’s shares or assets until the judgment debt is fully settled. The court further directed the directors to declare all the company’s movable and immovable assets to the judgment creditor, according to TheCable. Ambrose Lewis-Allagoa, the presiding judge, […]

Czech Republic bans DeepSeek over data security concerns
Tech

DeepSeek slashes prices on new AI model challenging tech giants

DeepSeek is ramping up competition in China’s AI sector by aggressively slashing prices on its newly launched flagship model, intensifying pressure on Silicon Valley rivals. The Hangzhou-based AI lab is offering a 75 per cent discount to developers using DeepSeek-V4-Pro, which was released last week after months of anticipation. It has also cut fees for […]

Bitcoin drops to $60,000 amid escalating Iran-Israel tensions
Crypto

Bitcoin hits multi-month high on Iran deal optimism

Bitcoin edged closer to the US$80,000 mark on Monday as investors monitored fresh developments in the US–Iran standoff over the Strait of Hormuz. The leading cryptocurrency rose as much as 1.6 per cent to US$79,488, its highest level since January 31, when it last traded above US$80,000, according to Bloomberg. It was changing hands at […]

Nigerians to present BVN, NIN for dollar bond subscription
Business

DMO plans N700bn federal bond auction for April 27

The Debt Management Office on behalf of the Federal Government of Nigeria, is set to raise N700 billion through a Federal Government Bond auction scheduled for Monday, April 27, 2026. This was disclosed in an official offer circular issued to Primary Dealer Market Makers, which outlined the instruments on offer and the terms of the […]

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NUPENG laments job losses, warns against suppressing workers’ rights

The Nigeria Union of Petroleum and Natural Gas Workers has raised serious concerns over escalating job losses and what it described as increasing suppression of workers’ rights in the nation’s oil and gas industry. Vanguard reported that in his valedictory speech at the union’s 6th Quadrennial Delegates Conference in Lagos weekend, NUPENG President, Prince Williams […]

Indonesia to set minimum age for for children's social media use
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Canadian Province to ban social media, AI chatbots for youths

The Canadian province of Manitoba is planning to restrict young people’s access to social media platforms and AI chatbots, its leader has said. The premier of the province, Wab Kinew, which has a population of about 1.5 million and lies north of North Dakota, announced the proposed policy during a speech on Saturday at an […]

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

High levies threaten survival of Nigerian airlines, says CPPE

Nigeria’s aviation industry is under increasing strain as taxes, fees, and regulatory charges now account for as much as 35% of airline revenues, according to the Centre for the Promotion of Private Enterprise, which says the situation is threatening the viability of domestic carriers. In a statement signed by its Chief Executive Officer, Muda Yusuf, […]

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Lagos signs power purchase deals to boost supply by 400MW

The Lagos State Government has executed Power Purchase Agreements and concession deals with three independent power producers in a move to increase electricity generation capacity to between 200MW and 400MW over the coming years. The agreements were signed at Lagos House, Marina, with Mainland Power Limited, Fenchurch Power Limited in partnership with Aggregate Utilities Limited, […]

Hackers breach North Korean spy group’s computer
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Italy okays extradition of Chinese hacker wanted by US

Italy has approved the extradition of a Chinese national sought by United States authorities over hacking allegations, including the theft of COVID-19 medical research, according to Reuters citing a source familiar with the case. The move, first reported by Bloomberg, comes after an Italian court ruled earlier in April that Xu Zewei was eligible for […]

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Dangote urges govt, private sector partnership to eliminate malaria globally

Chairman of Nigeria’s National Malaria Elimination Council and United Nations Malaria Ambassador, Aliko Dangote, has urged governments and the private sector to urgently intensify coordinated efforts to eliminate malaria, describing the present period as critical in the global fight against one of the world’s deadliest diseases. Speaking to mark the 2026 World Malaria Day, Dangote […]

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