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Berger Paints H1 pre-tax profit hits ₦1.20bn on

  • 1st August 2026

Senator Natasha urges reciprocal visa measures for South

  • 31st July 2026

Samsung warns global RAM chip shortage could last

  • 31st July 2026

Spain deploys military to Ceuta as migrant surge

  • 31st July 2026

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South Africa proposes new $30 fee for ETA applicants

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Berger Paints H1 pre-tax profit hits ₦1.20bn on strong

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Senator Natasha urges reciprocal visa measures for South African

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Samsung warns global RAM chip shortage could last until

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Economy

Nigeria’s balance of payment surplus drops 38% to $4.23bn

Nigeria’s external sector faced significant headwinds in 2025, as the country’s overall Balance of Payments surplus plummeted by 38.1 per cent to $4.23 billion, down from the $6.83 billion recorded in 2024. Provisional data from the Central Bank of Nigeria reveals a complex economic landscape where a sharp decline in crude oil earnings and a […]

Food

Nigeria, UK sign $500m diary project deal to boost food security

The Nigeria Sovereign Investment Authority has signed a Memorandum of Understanding with United Kingdom-based Asset Green Ltd to advance the development of a large-scale integrated dairy livestock production and processing platform to transform Nigeria’s dairy industry and strengthen national food security. Once operational, the platform is expected to generate over US$620 million annually and create […]

BDC operators reject amended CBN licensing guidelines
featured Finance

Naira holds steady at ₦1,357/$ amid oil price surge

The Naira maintained a steady performance against the United States Dollar on Thursday, March 19, 2026, as the foreign exchange market continues to reflect the impact of surging global oil prices and a significant buildup in the nation’s external reserves. In the Nigerian Foreign Exchange Market, the Naira showed resilience during the early morning trading […]

featured Oil and Gas

US-Israel-Iran war leaves Africa with weeks of fuel reserves — Report

The escalating conflict in the Middle East, particularly the war involving Iran, has severely disrupted global energy shipments through the Strait of Hormuz, placing Africa’s fuel supply chain under intense pressure. Many African countries are now operating with only weeks of refined petroleum products in reserve as traditional import routes face major constraints. The International […]

Meta scraps fact-checking program, introduces X-like community notes feature
Tech

Meta eyes TikTok, YouTube creators with paid Facebook push

Meta on Wednesday unveiled a new initiative to attract top creators from TikTok and YouTube to Facebook, offering guaranteed earnings and enhanced visibility. The Creator Fast Track programme provides creators with established audiences monthly payments and expanded reach on Facebook, according to CNBC. Those with at least 100,000 followers on Instagram, TikTok, or YouTube can […]

Business

12 countries to pay $15,000 bond for US visa applications

The United States announced Wednesday that starting April 2, citizens from 12 more countries will need to post bonds of up to $15,000 when applying for certain visas, expanding the program to 50 nations. The new countries include Cambodia, Ethiopia, Georgia, Grenada, Lesotho, Mauritius, Mongolia, Mozambique, Nicaragua, Papua New Guinea, Seychelles, and Tunisia. The bond, […]

Apple launches AI-powered iPhone 16 with dedicated camera button
Tech

Researchers discover iPhone spyware penetrating millions of devices

A sophisticated software exploit capable of infiltrating and extracting data from potentially hundreds of millions of Apple iPhones was recently embedded on dozens of websites in Ukraine, researchers revealed on Wednesday. The finding marks the second time this month that spyware targeting iPhones and other Apple devices has been identified, according to Reuters. Taken together, […]

Microsoft plans for collaboration with AI agents
Tech

Microsoft considers lawsuit as OpenAI, Amazon strike $50bn deal

Microsoft is reportedly weighing legal action against OpenAI and Amazon over a $50 billion deal that could weaken its exclusive cloud partnership with the ChatGPT developer. This was revealed in a Financial Times report citing sources familiar with the matter. The dispute centres on a series of agreements signed last month between OpenAI and Amazon, […]

Power crisis worsens as National grid collapses again
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GenCos halt operations amid rising customer debt

Several heavily indebted Nigerian power producers have halted operations as customers fail to pay their bills, leaving the companies unable to cover equipment costs or gas supply expenses. The CEO of the Association of Power Generation Companies, Joy Ogaji, said the shutdowns reflect mounting financial pressures throughout the power-supply chain, according to Bloomberg. “We cannot […]

Business

Italy warns Russian tanker poses environmental threat

Italian authorities have sounded urgent alarms over a sanctioned Russian tanker carrying liquefied natural gas, which is now drifting uncontrollably in the Mediterranean Sea. Officials warn the vessel could explode at any moment, potentially triggering a major environmental disaster. The tanker, Arctic Metagaz, part of a so-called “shadow fleet” used to transport sanctioned Russian oil […]

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CAF overturns Senegal win, awards 2025 AFCON title to Morocco

Morocco has been declared the winner of the 2025 Africa Cup of Nations after the Confederation of African Football overturned the final’s result following Senegal’s controversial walk-off. Senegal initially defeated Morocco 1-0 in the final on 18 January, a match overshadowed by the Senegalese players’ refusal to continue after the hosts were awarded a stoppage-time […]

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