Business

Nigeria remains under US visa bond programme, travellers

  • 2nd August 2026

US urges Americans to leave Middle-East as Iran

  • 2nd August 2026

AfCFTA chief urges Africa to prioritise value addition

  • 2nd August 2026

EU to hold emergency border talks as 50,000

  • 1st August 2026

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Shettima arrives Asaba for Delta investment summit

Conferences

Guinea opts out of ECOWAS single currency plan

News

I went from dollar millionaire to labourer in England

Entertainment featured

W’Africa needs $100bn annually to meet developmental goals —

Economy

Blog

Alibaba to raise HK$12bn in exchangeable bonds
Business featured

Alibaba offers $1.5m grants to African entrepreneurs

Alibaba Philanthropy and the Jack Ma Foundation have announced $1.5 million in grants for African entrepreneurs creating innovative solutions to the continent’s major challenges. This forms part of the launch of the 8th edition of Africa’s Business Heroes. The 2026 edition carries the theme ‘Defining Africa’s Future Today’. It targets entrepreneurs working in climate-smart agriculture, […]

World

W’Bank warns of massive jobs crisis in developing countries

The World Bank Group has warned that developing economies face a looming employment crisis as millions of young people prepare to join the workforce without sufficient jobs to accommodate them. This mismatch threatens economic stability, increases migration pressures, and poses risks to global security. In a blog post on its official platform, the Washington-based institution […]

IATA knocks Nigeria over high airport charges
Ports and Airports

FAAN boss defends cashless payment at airports

The Managing Director of the Federal Airports Authority of Nigeria, Olubunmi Oluwaseun Kuku, on Tuesday defended the agency’s transition to electronic payment systems at airports. She told lawmakers the reform is aimed at curbing revenue leakages and improving accountability. Kuku spoke after appearing before the House of Representatives Committee on Finance, chaired by James Abiodun […]

Price of of cooking gas rose by 13.75% in May 2024
featured Oil and Gas

Cooking gas price jumps ₦100/kg amid Middle East crisis

Depot owners across Nigeria have raised the price of liquefied petroleum gas, commonly known as cooking gas, by an average of N100 per kilogram. The increase stems from geopolitical turmoil in the Middle East that has disrupted global energy markets and directly affected Nigerian households. According to BusinessDay, Nipco Plc, one of Nigeria’s largest LPG […]

featured Finance

Nigeria’s VAT revenue hit ₦2.28trn in Q3 2025 – NBS

Nigeria’s Value Added Tax collections reached N2.28 trillion in the third quarter of 2025, according to the VAT Q3 2025 report released by the National Bureau of Statistics. The report indicates a 10.66 per cent increase on a quarter-on-quarter basis from N2.06 trillion recorded in Q2 2025. Local VAT payments accounted for N1.12 trillion, foreign […]

Business

Escalating Middle East tensions may trigger petrol price surge nationwide – PETROAN

Oil marketers under the Petroleum Products Retail Outlets Owners Association of Nigeria have cautioned that ongoing military tensions involving the United States, Iran, and Israel may disrupt petrol supply and drive prices up. The warning was issued in a press statement by PETROAN’s National Public Relations Officer, referencing remarks from the association’s National President, Dr. […]

Oil and Gas

Global oil prices rise as Iran shuts Strait of Hormuz

Crude oil and natural gas futures climbed sharply for a second straight day on Tuesday after Iran declared the Strait of Hormuz closed and warned it would attack any vessel attempting to transit the vital waterway. The move has heightened fears of supply disruptions from a chokepoint that handles about one‑fifth of the world’s oil […]

Apple unveils striking 'Liquid Glass' redesign at WWDC 2025
Tech

Apple unveils new MacBook Air, Pro with M5 chips

Apple on Tuesday introduced a new lineup of laptops, unveiling updated MacBook Air and MacBook Pro models powered by its latest M5 chips. The Pro versions also feature the newly launched M5 Pro and M5 Max processors, which the company says include its most advanced CPU cores to date. According to Apple, the upgraded M5 […]

Tech

X unveils standalone private messaging app

Social media platform X is spinning off its private messaging feature, X Chat, into a standalone application. On Monday, the company announced that an initial beta version of the app had been released to 1,000 users via Apple’s TestFlight platform. The beta slots were filled within two hours of the announcement. In a post on […]

Anthropic gives Claude AI power to end conversations
Tech

Anthropic fixes Claude outages after global disruptions twice in 24hrs

Access to Anthropic’s Claude has been restored after the AI chatbot experienced disruptions in several regions worldwide for the second time in under 24 hours, data from Downdetector.com shows. Anthropic’s latest large language model, Claude Opus 4.6, along with its AI tools including Claude CoWork and Claude Code, recorded “elevated errors,” according to the company’s […]

92 million Nigerians without access to electricity - FG
Electricity featured

Electricity workers threaten strike over unresolved anti-labour grievances

The National Union of Electricity Employees has intensified mobilisation of its members nationwide for a possible strike next week. This follows the expiration of its 21-day ultimatum to the Federal Government without any resolution of its grievances. The union issued the ultimatum in a letter dated January 26, 2026, addressed to the Minister of Power. […]

Business

Tinubu nominates Taiwo Oyedele as minister of state for finance

President Bola Ahmed Tinubu has nominated Mr. Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, as the Minister of State for Finance, succeeding Dr. Doris Uzoka-Anite. This was disclosed in a statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Tuesday. The statement also […]

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