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  • 22nd September 2026

Petrol stations risk licence revocation over under-dispensing –

  • 22nd September 2026

FG to install 300 containers of equipment to

  • 22nd September 2026

Black employees allege racism at Tesla factory

  • 22nd September 2026

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Trump opposes global rules to regulate AI

Business Tech

OpenAI opens AI models to third-party safety assessments

Tech

Anthropic unveils cheaper AI model ahead of potential IPO

Tech

Petrol stations risk licence revocation over under-dispensing – NMDPRA

Business

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X to offer paid users xAI chatbot - Musk
News

Twitter stock falls as Elon Musk mocks lawsuit

Twitter stock fell Monday after Tesla chief Elon Musk ditched the $44 billion deal to buy the social media giant. According to AFP, the platform’s stock dropped 5.46 per cent on Wall Street, to $34.80 by around 7:05 am (11:05 GMT). It had lost 5.10 per cent before the weekend. Musk on Friday pulled the […]

FG spends N40.1bn daily as fuel subsidy hits N600 per litre – Operators
News

Fuel queues worsen as petrol hits N250/litre

As scarcity of Premium Motor Spirit also known as petrol increased in many states on Sunday, some filling stations in Lagos, Abuja, Niger, and other locations have started selling the product for as much as N200 to N250 per litre. The shortage of petrol in Lagos and neighbouring states, as well as in Abuja and […]

NUPENG threatens strike in Lagos over tanker drivers' safety
News

Fuel scarcity: Motorists groan as marketers threaten strike

The scarcity of Premium Motor Spirit, popularly called petrol, worsened in Lagos, Abuja and neighbouring Nasarawa and Niger states, as more filling stations shut their gates to customers, citing a lack of products to dispense. Oil marketers have yet to receive a response from the Federal Government as regards the outstanding payment of bridging claims […]

Electricity

Blackout: Delta court orders disco to pay N20m damages

The Benin Electricity Development Company has been ordered to pay a sum of N20 million as damages to the Edjemuonyavwe community in Oghara following their disconnection from the national grid since November 2017. According to The PUNCH, the order was given by a High Court sitting in Oghara, Delta State. The trial judge, Justice A. […]

Experts slam FG as debt servicing nears N10.43tn
News

$1bn annual school feeding programme must be probed – HURIWA

Civil rights advocacy group, Human Rights Writers Association of Nigeria, on Friday, demanded a probe into the Federal Government’s $1bn annual allocation for the National Social Investment Programme. In a statement signed by the group’s National Coordinator, Comrade Emmanuel Onwubiko, HURIWA described described the NSIP which include the school feeding programme as the single biggest […]

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Gas flaring: Oil companies oppose FG’s penalties
Oil and Gas

Gas flaring: Oil companies oppose FG’s penalties

The federal government’s enforcement of penalties for gas flaring as contained in the Petroleum Industry Act 2021 has been opposed by some oil and gas companies in the country. According to The PUNCH, the stand comes as some of the companies commit to gas flare reduction. Speaking during a session at the ongoing 2022 Nigeria […]

US deficits projected $1trn higher over next decade
Economy

External reserves get $679.12m boost in one month

Figures obtained from the Central Bank of Nigeria have revealed that the country’s external reserves returned to a growth path after gaining $679.12m in June. According to The PUNCH, the figures showed that the reserves, which stood at $38.48bn as of June 2, 2022, rose to $39.16bn as of the end of June 30, 2022. […]

Flights to South-South most expensive - NBS
Aviation

Pilots reject Lagos airport runway closure

Some Nigerian pilots have kicked against the Federal Airports Authority of Nigeria’s planned closure of the domestic runway of the Murtala Muhammed Airport in Lagos. AMBusiness quoting FAAN reported on Wednesday that the domestic runway 18L/36R will be completely shut for three months to enable some repairs and installation of Air Field Lighting to be […]

Nigerians bought petrol N191.65 per litre September- NBS
News

Marketers, depots clash over 16.6bn litre fuel diversion

Allegations of diversion of 16.6 billion litres of fuel to neighbouring nations have sparked among between oil marketers and depot owners. A top official of the Depots and Petroleum Products Marketers Association of Nigeria, who craved anonymity, alleged that fuel scarcity was partly due to the diversion of products to neighbouring countries by marketers. According […]

Kenyan court freezes Flutterwave accounts over money laundering
News

Flutterwave denies money laundering allegations

A Nigerian fintech startup, Flutterwave, has rubbished allegations that it participated in a $59 million money-laundering scheme in Kenya that resulted in the closure of the company’s bank accounts. A Kenyan court had ordered the closure of the bank accounts of Flutterwave when the Asset Recovery Agency of Kenya informed the court that 56 bank […]

Oil and Gas

NGF says subsidy’ll affect payment of salaries

The Nigeria Governors’ Forum has said that rising subsidies on petroleum products now place a huge financial burden on the states and will affect the payment of salaries. According to The Punch, the NGF, which is the umbrella body for the 36 governors of the federation across party lines, made this known in a memo […]

Tweeps knock FG as fuel scarcity leaves commuters stranded
News

Fuel queues worsens as marketers sell N175/litre, plan strike

Against the stipulated N165/litre, some filling stations on Wednesday sold Premium Motor Spirit at 175/litre, even as the oil marketers insist on embarking on a nationwide strike if the government fails to pay them. Some outlets in Lagos that sold the commodity at N169/litre last week had to adjust their pumps on Wednesday, as they […]

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