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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Tech

Two Yale students raise $5.1m to build AI social network in iMessage

Series, a social networking startup founded by two Yale University seniors, has raised $5.1 million in a pre-seed funding round backed by prominent technology investors. The company, launched early last year by Nathaneo Johnson and Sean Hargrow, secured funding from Venmo co-founder Iqram Magdon-Ismail, Pear VC, Reddit CEO Steve Huffman, and GPTZero founder Edward Tian. […]

Nigerian crypto firm convicted for illegal USDT-Naira transactions, forfeits N140m
Business

EFCC arrests ex-Skye Bank CEO Tunde Ayeni over fraud

The Economic and Financial Crimes Commission has arrested businessman and former chairman of the now-defunct Skye Bank Plc, Tunde Ayeni, over allegations of multi-billion naira fraud. Ayeni was reportedly arrested in Abuja on Thursday and is currently being held in EFCC custody while investigations continue, according to TheCables. The anti-graft agency is probing allegations of […]

X to resume headlines display - Elon Musk
Tech

X launches standalone messaging app, XChat, for iOS users

XChat, X’s standalone messaging app, was launched to the public on Friday. Initially released for iOS devices, the app enables users to message their X contacts, share files, make audio and video calls, and participate in group chats. The company began publicly testing XChat earlier this year with a small group of beta users to […]

FG revokes housing allocations for 1,357 beneficiaries
Housing

FG approves ₦10bn housing loan scheme for civil servants

The Federal Government has approved a ₦10 billion housing loan scheme aimed at improving access to home ownership for civil servants, the Head of the Civil Service of the Federation, Didi Walson-Jack, announced on Friday in Abuja. The PUNCH reported that speaking during an ongoing press briefing, Walson-Jack said the initiative would be implemented through […]

Finance

FG borrowed ₦2.69tn from bond market in Q1 2026 — DMO

The Federal Government borrowed N2.69tn from the domestic bond market in the first quarter of 2026, as strong investor demand continued to drive subscriptions above offer levels despite tighter allotments, an analysis of Debt Management Office auction results has shown. Data from the DMO for January, February, and March 2026 indicated that the total was […]

Aviation

FAAN pledges to sustain aviation safety gains after ICAO rating

Federal Airports Authority of Nigeria on Friday vowed to sustain recent gains in aviation safety as the country positions itself to meet and exceed global standards. This followed a record-breaking improvement in Nigeria’s aviation safety performance, as acknowledged by the International Civil Aviation Organisation. The country’s overall Effective Implementation, EI, score rose from 70.23 per […]

Tech

Meta to slash 8,000 jobs in new round of layoffs

Meta is planning to reduce its workforce by about 10 per cent affecting roughly 8,000 employees. The company also intends to leave around 6,000 currently vacant positions unfilled according to Bloomberg. An internal memo sent to staff on Thursday said the job cuts will begin on May 20. Reuters had earlier reported that Meta was […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
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Naira holds at ₦1,355 in official FX market, ₦1,420 in parallel market

The Nigerian naira continues to trade within a relatively narrow band against the United States dollar across both the official and parallel foreign exchange markets, reflecting sustained demand pressures and cautious market sentiment. At the Nigerian Foreign Exchange Market, which serves as the official window, the naira is trading around ₦1,350 to ₦1,355 per dollar […]

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