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  • 10th June 2026

ALTON plans N1.86tn investment to boost network expansion

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  • 10th June 2026

FG unveils $1bn AfCFTA credit facility to boost

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Dangote retains Africa’s most admired brand crown

Dangote Industries Limited has reinforced its standing as one of Africa’s most influential corporate brands after being named Africa’s Most Admired African Brand for the eighth consecutive year. The company also recorded another major achievement as its Group Chief Branding and Communications Officer, Anthony Chiejina, was listed among Africa’s 100 Most Influential Chief Marketing Officers. […]

Business

Flutterwave hits $40bn payment volume milestone

African fintech giant Flutterwave has surpassed one billion processed transactions and recorded more than $40 billion in total payment value since its launch. The milestone was revealed by Flutterwave Founder and CEO, Olugbenga Agboola, in a blog post reviewing the company’s growth and expansion over the past year. Agboola attributed the company’s strong performance to […]

Business

Many businesses yet to feel impact of FG’s economic reforms – NECA

The Nigeria Employers’ Consultative Association has said that many businesses are yet to feel the positive impact of the federal government’s economic reforms. NECA Director-General Adewale-Smatt Oyerinde told the News Agency of Nigeria on Sunday that companies are still grappling with inflation, high energy costs and foreign exchange volatility, despite some gains in key economic […]

Aviation

Russia bans aviation fuel export as Ukraine intensifies attacks on refineries

Russia has announced a ban on aviation fuel exports that will run until November 30, as authorities move to secure domestic supply amid declining refinery output and mounting strain on the country’s energy infrastructure. The government said the restriction is intended to stabilise the local fuel market, stressing that the priority is to ensure adequate […]

Tech

Anthropic, OpenAI, SpaceX to deploy Nvidia’s next-generation AI chip

Nvidia Corp said that Anthropic, OpenAI and SpaceX are among the first major customers for its upcoming microprocessor, marking an early win as it expands deeper into AI data center infrastructure. At the Computex Taipei conference, Nvidia CEO Jensen Huang highlighted the companies during his presentation, saying they will be among the first to deploy […]

Business

FMDQ Group appoints Zeal Akaraiwe as new CEO

FMDQ Group Plc has appointed financial markets expert, Zeal Akaraiwe as its new Chief Executive Officer, marking a leadership change at the helm of Nigeria’s over-the-counter financial market infrastructure operator. The appointment follows the retirement of pioneer Group Managing Director and CEO Bola Onadele Koko, who completed a 12-year tenure during which he oversaw the […]

featured Oil and Gas

Cooking gas prices surge despite rising local production — Report

The price of Liquefied Petroleum Gas, commonly known as cooking gas, has continued to increase across Nigeria despite a significant rise in domestic production and a sharp decline in imports, according to The PUNCH. Data obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority indicated that local production from refineries and gas processing plants […]

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Federal workers threaten indefinite strike over hardship, rising insecurity

The Federal Workers Forum has threatened to mobilise federal workers across the country for an indefinite nationwide strike over worsening insecurity and unresolved wage-related issues affecting workers. According to The PUNCH, the threat was contained in a communiqué issued after an online meeting held on Sunday, where the forum also criticised the Nigeria Labour Congress […]

featured Investment

UAE-Nigeria non-oil trade hit $5bn in 2025 — Envoy

The Ambassador of the United Arab Emirates to Nigeria, Salem Saeed Al-Shamsi, has disclosed that non-oil trade between Nigeria and the UAE increased to $5 billion in 2025, reflecting the strengthening economic partnership between both countries. The PUNCH reported that according to a statement issued on Sunday by the Special Assistant on Communication and New […]

Banking

Bad loans hit 8% after CBN’s regulatory forbearance withdrawal

Bad loans in Nigeria’s banking sector increased to 8.03 per cent in January 2026, seven months after the Central Bank of Nigeria began winding down regulatory forbearance granted to banks on certain credit exposures and breaches of single obligor limits. The PUNCH reported that according to the CBN’s January 2026 Economic Report, the industry’s non-performing […]

Tech

Meta lawsuit leaves whistleblower silent at Hay festival

Facebook whistleblower Sarah Wynn-Williams was compelled to remain silent on stage at the Hay Festival after her lawyers advised her not to speak due to ongoing legal proceedings initiated by Meta. Wynn-Williams, author of the bestselling memoir Careless People, which recounts her years working at Facebook, had been scheduled to take part in a conversation […]

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