Business

Spain deploys military to Ceuta as migrant surge

  • 31st July 2026

MTN posts record N1.09tn H1 profit before tax

  • 31st July 2026

Naira hits N1,834 against British pound

  • 31st July 2026

NNPC absorbs 1,000 interns into workforce after training,

  • 31st July 2026

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Anthropic’s Claude breached three live systems during cybersecurity tests

Tech

Apple warns chip shortages could hit future iPhone, MacBook

Tech

Spain deploys military to Ceuta as migrant surge leaves

Business

MTN posts record N1.09tn H1 profit before tax

Business

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Food

Food prices surge further in April, worsens cost-of-living crisis

Food prices across Nigeria have tightened further in April 2026, deepening pressure on households already grappling with a high cost of living. Fresh market checks and retail data suggest that the upward trend seen earlier in the year has not only persisted but intensified in key urban centres, particularly Lagos. The price of a 50kg […]

Policy and Regulations

Large firms face sanctions over June e-invoicing deadline — Report

Many large businesses risk sanctions if they fail to connect their invoicing systems to the Nigerian Revenue Service’s electronic invoicing platform by the end of June, as authorities push ahead with a reform that will give tax officials near real-time visibility into company transactions. The e-invoicing system requires businesses to generate invoices digitally and transmit […]

SEC to strengthen borrowing regulatory framework in Nigeria
Business featured

SEC freezes assets of 13 terror-linked entities

The Securities and Exchange Commission has directed an immediate freeze of assets belonging to 13 newly designated terrorism-linked entities within the capital market, following their listing on the Nigeria Sanctions List by the Nigeria Sanctions Committee. The designation covers 10 individuals and three organisations. The directive was issued in a sweeping compliance circular circulated to […]

featured Opinion

Tinubu’s reforms bring necessary pain for long-term gain — Bwala

In a strong defence of the ongoing economic reforms under President Bola Ahmed Tinubu, presidential aide Daniel Bwala has described the current hardship as a reflection of necessary structural changes rather than policy failure. In a post on X on Monday, Bwala argued that while the reforms may be difficult, the challenges Nigerians previously endured […]

Business

UK declines participation in US-led Strait of Hormuz blockade

The United Kingdom has said it will not join a proposed United States blockade of the Strait of Hormuz, creating another area of disagreement between President Donald Trump and Prime Minister Keir Starmer over the Iran conflict. In a statement on Sunday, the British government reiterated its support for freedom of navigation and the reopening […]

featured Finance

Naira holds steady at ₦1,358/$ in official market

The Nigerian Naira opened the new trading week with slight variations against the United States Dollar on Monday, April 13, 2026, across the various segments of the foreign exchange market. In the Nigerian Foreign Exchange Market, which serves as the official trading window, the Naira began the session at approximately N1,358.84 per Dollar. Real-time data […]

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

CPPE warns W’Bank import proposal could hurt Nigeria’s economic growth

The Centre for the Promotion of Private Enterprise has warned against a World Bank proposal to expand the importation of petroleum products and food, cautioning that such a move could undermine Nigeria’s recent economic progress. Speaking on Sunday, the Chief Executive Officer of CPPE, Dr. Muda Yusuf, described the recommendation in the World Bank’s Nigerian […]

Business

NUPRC unveils reform to boost Nigeria’s oil output

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, has unveiled an ambitious reform agenda to boost crude oil production, restore investor confidence, and position Nigeria as a competitive global energy destination. In her maiden interview published in the latest edition of The Upstream Gaze, the commission’s media publication obtained by […]

Dangote Sugar exceeds N1tn market cap level 
Business

Minister tasks Dangote Sugar on 600000 tonnes capacity by 2030

The Minister of State for Industry, Senator John Owan Enoh, has tasked the management of the Dangote Group of Companies to expand the annual production capacity of its subsidiary, the Dangote Sugar Refinery, to 600,000 metric tonnes by the year 2030. The Minister, accompanied by Kamar Bakrin, Executive Secretary of the National Sugar Development Council, […]

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