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Nigeria secures $155m clean energy investments

  • 26th July 2026

NGX sheds 0.19% as Presco, banks drag index

  • 25th July 2026

NPF Microfinance Bank grows profit before tax by

  • 25th July 2026

US imposes new tariffs on UK, Canada, others

  • 24th July 2026

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Global FDI hits $1.6trn in 2025 as Nigeria’s inflow

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Etihad Airways to resume flight operations in Nigeria

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Nigeria secures $155m clean energy investments

Business

New Nigerian High Commissioner to India assumes office

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Ports and Airports

FAAN unveils V-Pass facial recognition for domestic airports

The Federal Airports Authority of Nigeria has unveiled a biometric facial recognition system, known as V-Pass, to improve passenger processing at domestic airports under its management. The authority disclosed the development in a statement posted on its official X account on Thursday. The rollout follows the Federal Government’s approval of the biometric passenger identity verification […]

Investment

FG unveils Genomic City initiative to boost biotechnology

The Federal Government has unveiled the Nigeria Genomic City initiative, a multi-agency project designed to transform the country into a leading hub for genomics, biotechnology and precision medicine. Education Minister, Dr Maruf Tunji Alausa made the disclosure on Thursday in Abuja after a high-level stakeholders’ meeting on the project, revealing that the University of Abuja […]

Business

EU orders Google to open Android features to rivals

The European Commission has ordered Google to grant rivals, including OpenAI, access to 11 features of its Android operating system and to share the search data used to optimise its services. The mandate was given as part of a sweeping set of requirements designed to curb the tech giant’s dominance under the EU’s Digital Markets […]

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Court orders final forfeiture of ₦8.9bn Achimugu’s assets

A Federal Capital Territory High Court in Apo, Abuja, on Thursday ordered the final forfeiture of assets worth about N8.9 billion linked to businesswoman Aisha Achimugu to the Federal Government. The forfeited assets include jewellery valued at N4.65 billion, 11 exotic vehicles worth N4.29 billion, 50,000 dollars, and N30 million in cash. Justice Jude Onwugbuzie […]

Uncategorized

US House votes to withhold aid to Nigeria over rising insecurity

Members of the United States House of Representatives have agreed to an amendment bill that would increase withholding of assistance to Nigeria from 50 per cent to 100 per cent until the West African nation takes effective steps to prevent and respond to violence within its territory. Gregory Stuebe, who represents Florida’s 17th congressional district […]

Business featured

CAC threatens to strike off 100,000 companies again over non-compliance

The Corporate Affairs Commission has commenced another round of striking off companies from its register, placing 100,000 companies at risk of deregistration over failure to comply with statutory filing requirements. Nairametrics reported that the Commission, in a notice issued on Wednesday, July 15, said the exercise is being carried out pursuant to Section 692(3) and […]

News

US approves ₦1.96bn arms sale to Saudi Arabia

The United States’ State Department said Wednesday it has approved the sale of an estimated 1.96 billion dollars in weapons to bolster Saudi Arabia’s air defenses, as the war ramps up in the Middle East. “This proposed sale will support the foreign policy and national security objectives of the United States by improving the security […]

featured Finance

Kano, Jigawa Customs generate ₦63.07bn in six months

The Kano/Jigawa Customs Area Command generated N63.07 billion in revenue between January and June 2026. According to The PUNCH, the command’s Acting Area Controller, Usman Umar Adamu, disclosed this while briefing journalists on the command’s achievements during the first half of the 2026 fiscal year at the Customs House, Bompai, Kano, on Wednesday. He said […]

Business

CBN allots N1.19tn as investors shun short-term treasury bills

Investors in Nigeria’s Treasury Bills market submitted N2.87 trillion in bids for the 364-day instrument at the July 15 primary market auction, more than seven times the N400 billion offered. The 91-day and 182-day bills were undersubscribed, while the Central Bank of Nigeria allocated a total of N1.19 trillion across the three tenors, according to […]

Economy featured

79% of Nigerians still poor despite reforms — World Bank

Despite nearly three years of sweeping economic reforms by the Federal Government, about 79 per cent of Nigerians remain poor or vulnerable to falling into poverty, highlighting the country’s deepening social and economic challenges. New World Bank documents obtained by The PUNCH show the findings are contained in the World Bank’s newly approved Country Partnership […]

Business

US strikes supertanker near Iran oil terminal

The United States military has struck a supertanker in the Persian Gulf near Iran’s main oil export terminal, marking its first attack on a commercial vessel since reimposing a blockade on the country’s shipping. According to the US Central Command, an American aircraft launched missiles at the empty, US-sanctioned tanker Belma after it repeatedly ignored […]

Business

Senate gives NNPC auditors one week to explain ₦210tn in accounts

The Senate Public Accounts Committee on Wednesday directed the external auditors of the Nigerian National Petroleum Company Limited to submit, within one week, a comprehensive breakdown of more than ₦210tn contained in the company’s audited financial statements, saying the figures remained insufficiently explained. The committee insisted that the auditors must account for the financial records […]

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