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EU to hold emergency border talks as 50,000

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Google pulls AI satellite image tool over misinformation concerns

Tech

Financial repression hits decades-high levels globally, IMF warns

Economy

EU to hold emergency border talks as 50,000 migrants

Business

WTO ranks Africa second in global export growth for

Business

Blog

Two Chinese charged for shipping US AI chips to China
Tech

$30B OpenAI investment may be final before IPO – Nvidia CEO

Nvidia CEO Jensen Huang said the chipmaker’s recent $30 billion investment in OpenAI could be its last before the AI firm potentially goes public later this year. Huang added that a larger $100 billion investment in OpenAI, a figure previously highlighted as part of a major infrastructure partnership announced in September, is likely “not in […]

Tech

Google, Epic Games unveil settlement plan in antitrust case

Alphabet Inc.’s Google and Epic Games Inc. unveiled a proposed settlement Wednesday aimed at ending their long-standing antitrust dispute. Under the agreement, Google would share its Play Store app catalog with competitors and permit alternative app stores on Android devices once registered. In a court filing, Google and Epic stated that their new proposal addresses […]

Finance

Reps endorse green climate finance bank

The House of Representatives has endorsed the proposed establishment of a Green and Climate Finance Bank for Nigeria. The lawmakers described the initiative as a strategic move to deepen financing for renewable energy and climate-aligned investments. The Chairman of the House Committee on Renewable Energy, Afam Ogene, stated this position during a joint media briefing […]

Conferences

FG declares 2026 decisive year for AfCFTA deliverables

The Federal Government has declared 2026 as a decisive year for achieving measurable outcomes under the African Continental Free Trade Area. This comes as Nigeria seeks to strengthen its continental leadership ahead of the 14th Ministerial Conference of the World Trade Organisation in Yaoundé, Cameroon. The declaration was made at the First Quarter 2026 meeting […]

Electricity

FG, GIZ strengthen regulations for solar mini-grids nationwide

The Federal Government is intensifying efforts to regulate and sanitise Nigeria’s rapidly expanding renewable energy sector. On Wednesday, the Deutsche Gesellschaft für Internationale Zusammenarbeit reinforced its technical partnership with the Nigerian Electricity Management Services Agency to enforce stricter regulatory standards for solar mini-grids and other clean energy systems. The German Development Cooperation, executed by GIZ […]

featured Ports and Airports

Tinubu suspends airport cashless toll system over gridlock crisis

President Bola Tinubu has suspended the cashless payment system at airport toll gates nationwide due to severe gridlock that led to passengers missing flights. The announcement came from the Minister of Aviation and Aerospace Development, Festus Keyamo, on Wednesday following the Federal Executive Council meeting at the State House in Abuja. Keyamo stated that the […]

Business

NGX RegCo warns investors against speculative trading practices

NGX Regulation Limited has issued a firm advisory to the investing public, warning against the dangers of speculative trading and urging market participants to base their investment decisions on company fundamentals rather than unverified information. In a statement released on Wednesday in Lagos, NGX RegCo, the independent regulatory arm of the Nigerian Exchange Group, addressed […]

Telcos seek price hike, present demand to lawmakers
featured Telecommunications

Airtel, MTN back ₦70,000 4G phones to bring Nigerians online

A coalition of Africa’s largest mobile operators plans to pilot entry-level 4G smartphones in Nigeria and five other countries starting in 2026. The target retail price for these devices is about N70,000, equivalent to roughly $40 at an exchange rate of N1,400 to the dollar. The operators are betting that large-scale production combined with regulatory […]

Oil and Gas

Seplat restores 49 idle wells, targets 50 more in 2026

Seplat Energy Plc, the Nigerian oil and gas company that acquired ExxonMobil’s onshore and shallow-water assets in a landmark $1.28 billion deal, has successfully restored 49 idle wells to production as part of an aggressive turnaround strategy. The company is already planning to bring 50 more back online this year. The Lagos-and London-listed producer said […]

Business

Corporate Income Tax rises to N2.96tn in Q3

Nigeria’s Company Income Tax collections climbed to N2.96 trillion in the third quarter of 2025, marking a 6.55 per cent rise from the N2.78 trillion posted in the second quarter. The figures were contained in the latest report released by the National Bureau of Statistics. The report points to continued expansion in corporate tax receipts, […]

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