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

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Spain deploys military to Ceuta as migrant surge leaves

Business

MTN posts record N1.09tn H1 profit before tax

Business

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Housing

Gov Otti signs deal for 250-room five-star hotel

The Governor of Abia State, Alex Otti, has said discussions have reached an advanced stage with a renowned company to construct a 250-room five-star hotel in Umuahia to boost tourism and business in the state capital. Otti said this on Friday during a civic reception organised in his honour by the people of Ikwuano/Umuahia North/Umuahia […]

Oil and Gas

NNPCL reports ₦2.68tn revenue despite oil production drop

The Nigerian National Petroleum Company Limited has announced a revenue collection of N2.68 trillion from its economic activities in February 2026, even as crude oil production declined to 1.51 million barrels per day amid pipeline outages and operational setbacks. According to The PUNCH, the company reported a 4.2 per cent increase in revenue for its […]

Customs, FAAN ranked worst-performing agencies in May 2024
Scams

Customs seizes tramadol, codeine worth over ₦1bn in Edo

The Nigeria Customs Service, Federal Operations Unit Zone C, Owerri, has intercepted over two million tramadol tablets and 10,000 bottles of barcadin codeine syrup worth N1.056 billion along the Okada/Ofosu Expressway in Benin City, Edo State. The zone described the operation in a statement on Saturday as a major breakthrough in the fight against illicit […]

Business

Oando seeks $750m to triple oil output

Oando Plc is seeking to raise up to $750 million to finance an ambitious drilling programme designed to increase its oil production by as much as 300 per cent. The company’s Chief Executive Officer, Wale Tinubu, disclosed the plan in an interview with Reuters, noting that Oando, which averaged just over 32,000 barrels of oil […]

Travel

FG orders passports withdrawal from Nigerians who renounce nationality

Minister of Interior, Olubunmi Tunji-Ojo, has directed the Nigeria Immigration Service to immediately withdraw and deactivate passports held by individuals who have formally renounced their Nigerian citizenship. The directive targets Nigerians whose renunciation requests have been officially approved by the President, barring them from continuing to hold or use Nigerian travel documents following the completion […]

Policy and Regulations

FG unveils digital registration for car dealers nationwide

The Federal Government has launched the National Vehicle Dealership Registration Framework for car dealers in a decisive move to sanitise Nigeria’s auto market, improve traceability and unlock financing for industry players. The initiative, unveiled by the National Automotive Design and Development Council (NADDC) in Abuja on Friday, introduces a digital system mandating all car dealers […]

featured Finance

Oyedele admits errors in old tax regime, promises fix

Minister of State for Finance, Taiwo Oyedele, has acknowledged that Nigeria’s old tax laws contain errors, assuring that corrective measures are already underway to address the identified issues. Oyedele made the disclosure while speaking during a fireside chat at the 2026 annual conference of the Nigerian Bar Association (NBA) Section on Legal Practice, themed “From […]

LIRS sets January 31st deadline for filing tax returns
featured Finance

Again, LIRS extends individual tax filing deadline

The Lagos State Internal Revenue Service has announced a further extension of the deadline for filing of individual annual income tax returns to Tuesday, April 21, 2026. In a press release issued on Friday, the agency expressed appreciation to taxpayers for their continued compliance and commitment to fulfilling their tax obligations. The LIRS noted that […]

EU probes Apple’s termination of Epic Games’ account
Tech

Epic Games deepens Disney ties after 1,000 layoffs

Epic Games, the maker of Fortnite, is doubling down on its partnership with The Walt Disney Company as it seeks to revive growth following a recent downturn in user engagement that prompted the company to lay off about 1,000 employees last month. The company is preparing to launch a new extraction-style shooter in November featuring […]

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