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Embrace skills, entrepreneurship, over white-collar jobs, Kwara urges

  • 23rd August 2026

FG’s IT infrastructure investment hits N3.8tn

  • 23rd August 2026

DStv, GOtv users lament activation delays as EPL

  • 22nd August 2026

US tariffs on Canada take effect as deal

  • 22nd August 2026

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US judge strikes down visa suspension affecting Nigeria, 74

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Embrace skills, entrepreneurship, over white-collar jobs, Kwara urges youths

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FG’s IT infrastructure investment hits N3.8tn

Business

Canada vows retaliatory tariffs after US trade talks collapse

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Nigeria’s PMI falls to 49.4 as economy contracts in April

Nigeria’s economic activity slipped into contraction in April 2026 as the Purchasing Managers’ Index fell to 49.4, marking the first decline after 16 consecutive months of expansion. This is according to the latest report released by the Central Bank of Nigeria on Wednesday. The figure, which dropped below the 50-point threshold that separates expansion from […]

Standard Chartered initiates $1 billion share buyback
Investment

Standard Chartered secures $2.33bn for Tanzania’s rail project expansion

Standard Chartered has provided a $2.33 billion syndicated financing facility to support key sections of Tanzania’s Standard Gauge Railway project, marking a major milestone in East Africa’s infrastructure development drive. The financing was disclosed in a statement published on the bank’s website on Wednesday. It will support the construction of Lots 3 and 4 of […]

Business

Cadbury Nigeria Q1 2026 profit drops 39% on rising costs

Cadbury Nigeria Plc has reported a pre-tax profit of N5.20 billion in its Q1 2026 results, representing a 39.2 per cent decline from N8.54 billion recorded in the corresponding period of 2025, as rising production and operating costs weighed heavily on profitability. This is according to the company’s unaudited financial results for the three-month period […]

MTN Nigeria profits surges ahead of Q1 results amid profitability hopes
Business

MTN Nigeria to sell 60% MoMo, Y’ello stake for ₦152bn

MTN Nigeria Communications Plc has announced plans to sell a 60 per cent stake in its fintech subsidiaries, MoMo Payment Service Bank and Y’ello Digital Financial Services, to MTN Group in a N152.06 billion transaction. This was disclosed in an FAQ issued to shareholders ahead of the company’s Annual General Meeting scheduled to hold on […]

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EFCC probed Pastor Jerry Eze for alleged money laundering – Olukoyede

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has revealed that the commission carried out a six-month investigation into the founder of Streams of Joy International, Jerry Eze, over allegations of money laundering before eventually clearing him of any wrongdoing. Olukoyede made this known on Wednesday while addressing attendees at the Jerry […]

Investment

Germany disburses ₦9bn to boost Northwest Nigeria farmers’ agribusiness

The German government, through the Deutsche Gesellschaft für Internationale Zusammenarbeit has disbursed over N9 billion under the Agricultural Finance project in Northwest Nigeria to support improve access to finances by farmers and agribusinesses in the Northwest states. The Cluster Coordinator for Agriculture and Rural Development at GIZ, Dr. Andrea Ruediger, stated this during the Northwest […]

featured Finance

Reps approve Tinubu’s $516.33m loan for Sokoto-Badagry superhighway project

The House of Representatives on Tuesday approved President Bola Tinubu’s request to secure a $516.33m loan from Deutsche Bank to finance Section I of the ambitious Sokoto-Badagry Superhighway project, a key infrastructure initiative under the administration’s Renewed Hope Agenda. The approval followed the consideration of the President’s request by the Committee of Supply during plenary […]

Business

Vitafoam posts N8.09bn Q2 pre-tax profit

Vitafoam Nigeria Plc has published its unaudited results for the second quarter ended March 31, 2026, posting a pre-tax profit of N8.089 billion, up from N5.62 billion recorded in the corresponding period of 2025. The performance lifted the company’s half-year pre-tax profit to N14.73 billion, representing a 49 per cent increase over H1 2025. Profit […]

EU rules out fee for tech giants under digital markets act
Business

Europe scrambles for jet fuel as Middle East supply disruptions intensify

Europe is urgently seeking alternative sources of jet fuel as imports from the Middle East remain disrupted, forcing the continent to “fight for every cargo” in what analysts describe as a “global stress test” for the aviation sector. According to Société Générale analysts, the loss of Middle Eastern supplies following the Iran conflict is rapidly […]

Bubari re-appoints Dabiri-Erewa as NIDCOM chairman
Business

FG demands action as violence against Nigerians escalates in S’Africa

The Nigerian government has expressed concern over renewed attacks on Nigerians in South Africa, setting out key demands to address the situation. The Chairman/CEO of the Nigerians in Diaspora Commission, Abike Dabiri-Erewa, disclosed this in a statement released on April 29, 2026. She noted that for several weeks, there has been an increase in xenophobic […]

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