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FIFA proposes $20bn World Cup commercial rights sale

  • 29th July 2026

Oil jumps amid escalating Iran-US tensions in Middle

  • 29th July 2026

NCC, REA partner to cut digital infrastructure costs

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NLNG hits $150bn revenue as global LNG exports

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BTS snubs 2027 Grammys over new Asian pop category

Entertainment

DoorDash launches drone delivery unit

Tech

Microsoft faces UK probe over Microsoft 365 Copilot subscription

Tech

Gov Mbah approves recruitment of 6,580 teachers for smart

News

Blog

Let NNPCL buy me out, Dangote offers to sell refinery
Opinion

Dangote remains Africa’s richest billionaire for 12 years

Forbes lists Dangote as Africa’s richest billionaire, while, South Africa’s Johann Rupert family takes the second spot in 2023.   Dangote, worth $19 billion, has remained Africa’s richest person for 12 years in a row and South African luxury goods merchant, Johann Rupert clings onto the second position for the second year with about $10.7 […]

Gas consumption to decline over Russia, Ukraine war - Report
Oil and Gas

Gas flares to be commercialised by 139 investors – FG

Bisola David     The Federal Government announced on Thursday that a total of 139 investors have expressed interest in profiting from the 48 flare sites located across the nation’s gas flares.   According to The Punch, this information was presented during the Nigerian Gas Flare Commercialization Programme Bidders Conference and Investors Forum in 2022, which […]

Pictures of all Apple products
Business

Apple sales drop 5%, lowest since 2019

Apple, the world’s leading technology company by revenue, did not meet its revenue expectations in terms of sales and profit at the end of 2022. Sales fell in the last quarter of 2022 by five per cent, compared to the sales made in 2021. This was reported to be the first year-over-year decline in sales […]

Aviation

Aviation union threatens NiMet with strike notice

  Bisola David The Nigerian Meteorological Agency has been threatened with a shutdown by the National Union of Air Transport Employees, the Association of Nigeria Aviation Professionals, and the Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Services Employees for failing to implement the approved minimum wage in two weeks. According to the […]

Tech

Buhari excited over Elon Musk’s Starlink services

Oluwanifemi Ojo   The President, Major General Muhammadu Buhari (retd.), has expressed his excitement over the unveiling of Elon Musk’s Starlink, a satellite internet provider, in Nigeria.   Buhari expressed his delight in a tweet on his verified page on Twitter on Thursday night.   The tweet reads, “We are delighted that Starlink services have […]

Naira scarcity: Hardship vital for economy, says finance minister
Economy

Naira scarcity: Hardship vital for economy, says finance minister

The Federal Government stated that the difficulties faced by Nigerian owing to the redesign of the naira are temporary and necessary for the long-term stability of the economy. This was said by the Minister of Finance, Budget and National Planning, Zainab Ahmed when responding to questions from journalists at the 65th edition of the State […]

Banking

Naira scarcity: GTB app suffers downtime, customers lament

Oluwanifemi Ojo   Customers of top Nigerian financial institution, Guaranty Trust Bank, have been left fuming on social media after a downtime experienced in its mobile app. AMBusiness reports that many of the bank’s customers vented their frustration by flooding Twitter with many complaints tagged to to the official Twitter page of GTB. This publication […]

2023: FX shortage to persist, Coronation Merchant Bank forecasts
featured

2023: FX shortage to persist, Coronation Merchant Bank forecasts

The foreign exchange liquidity problem impacting the economy is likely to last for a while, according to a prediction made by Coronation Merchant Bank. The Coronation Bank’s Chief Economist, Chinwe Egwim, made this announcement in a statement on the occasion of the publication of the bank’s 2023 Economic Review and Outlook report, which focuses on […]

featured

Shell hits record $40bn profit in 2022

115-year-old oil and gas company, Shell has revealed a tremendous earning record of $39.9 billion (£32.2 billion) for 2022, the highest so far. After the rise in energy costs last year, the corporation reported annual profits following Russia’s invasion of Ukraine. The company’s results, according to Shell CEO Wael Sawan, ““demonstrate the strength of Shell’s […]

News

New naira: CBN orders over-the-counter payments

  Bisola David Deposit money banks are now allowed to start issuing the newly designed Naira notes over the counter, subject to a daily payout cap of N20,000 set by the Central Bank of Nigeria. According to Daily Trust, the directive was issued shortly after businesses came to a complete halt due to a lack of the […]

Bank of England peaks borrowing cost to 4%
News

Bank of England peaks borrowing cost to 4%

Christian George The Bank of England has again raised borrowing costs for the 10th time in a row up to four per cent on Thursday. This was made known a day prior to when US Federal Reserve slowed the pace of its rate hikes with a smaller quarter-point move. The European Central Bank looks set […]

Fuel scarcity: NNPC releases 67m litres to merchants
Energy

Fuel scarcity: NNPC releases 67m litres to merchants

The delivery of over 67 million liters of Premium Motor Spirit, also known as petrol, to merchants has eliminated all gas lines in various parts of Abuja, Niger, and Nasarawa. According to information provided by the NNPC, some of the 67 million liters of PMS it distributes each day is not only transported into neighboring […]

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