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CPPE warns reversing economic reforms could harm Nigeria’s

  • 23rd August 2026

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

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CPPE warns reversing economic reforms could harm Nigeria’s economy

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Tinubu signs ₦68.32trn 2026 budget into law

President Bola Tinubu has signed the 2026 Appropriation Bill into law, authorising an aggregate expenditure of ₦68.32 trillion for the current fiscal year. He also signed a separate bill extending the implementation period of the 2025 budget from March 31 to June 30, 2026. The budget allocates ₦4.799 trillion for statutory transfers and ₦15.8 trillion […]

Airtel Africa purchases 491,861 shares from Citigroup Global
Telecommunications

Airtel temporarily suspends airtime, data borrowing services

Airtel Nigeria has announced the temporary suspension of its airtime and data credit services, which previously allowed eligible prepaid customers to borrow airtime or data and repay on their next recharge. The PUNCH reported that in a statement on Friday, the Director, Corporate Communications & CSR Airtel Nigeria, Femi Adeniran, said the decision is part […]

featured Finance

CBN bars under-18s from BVN registration starting May 1

The Central Bank of Nigeria has restricted Bank Verification Number enrolment to persons aged 18 years and above as part of new amendments to its regulatory framework for BVN operations in the banking industry. Tribune reported that the apex bank disclosed this in a circular issued to all banks, other financial institutions and payment service […]

Finance

Employees ₦30bn pension contributions stuck in PFAs accounts – PENCOM

Nearly N30 billion in pension contributions is currently stuck with Pension Fund Administrators instead of reaching employees’ accounts. The National Pension Commission attributes this N29.84 billion backlog to employer errors, such as inconsistent data and irregular schedules, which prevent the transfer of funds to individual Retirement Savings Accounts. Stanbic IBTC accounts for nearly half of […]

Electricity featured

Reps to approve debt relief for Kano, Jos, Ikeja DisCos

The House of Representatives Public Accounts Committee has resolved to approve financial relief measures and a 10-year debt restructuring framework for the Kano, Jos, and Ikeja Electricity Distribution Companies. The decision covers N128.6bn in accrued interest on debts from 2015 to September 2025 to be waived, and historical debts amounting to N120.1b to be restructured […]

featured Finance

Nigeria targets PPPs to close $2.3trn infrastructure funding gap

Nigeria is intensifying efforts to close its vast infrastructure deficit, estimated at $2.3 trillion between 2020 and 2043, as it turns to public-private partnerships to mobilise funding beyond limited government resources. BusinessDay reported that speaking on the sidelines of the Global Infrastructure Facility, a G20 initiative, at the IMF/World Bank Spring Meetings in Washington, Jobson […]

featured Finance

FG rules out borrowing from IMF’s $50bn Africa aid

The Federal Government on Thursday declared that it has no plan to approach the International Monetary Fund to borrow from the estimated $50bn, which the IMF had earlier announced on Wednesday that it plans to use to support struggling economies in Africa. The PUNCH reported that the Minister of Finance and Coordinating Minister for the […]

Business

UK confronts Meta, TikTok, Google, others over online safety concerns

British Prime Minister Keir Starmer has told social media executives that “things can’t go on like this” during a Downing Street meeting focused on online safety. He convened senior leaders from Meta, TikTok, Google, Snapchat’s parent company, and X on Thursday morning as the government considers tougher regulation of social media platforms. Proposed measures include […]

Snap rejigs Indian office leadership structure
Tech

Snap to cut 16% of workforce over rapid AI advances

Snapchat parent company Snap Inc. plans to cut about 16 per cent of its workforce, roughly 1,000 jobs, citing rapid advances in artificial intelligence, according to an internal memo sent to staff on Wednesday. The move is part of a broader wave of tech industry layoffs over the past year, with many companies attributing job […]

Google brings Gemini AI to smartwatches, expands search features
Tech

Google enables Gemini to generate images from personal photos

Google is enabling its Gemini AI chatbot to access personal photos through the Nano Banana image generation tool. The company announced on Thursday that users will be able to link their Personal Intelligence feature, an AI system that connects across Google apps to deliver tailored responses, with the Gemini chatbot. Once users opt in, Nano […]

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