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NNPCL reports N2.69trn in tax expenses for 2023
Oil and Gas

NNPCL pledges gas supply to Portland mini-LNG project in Abuja

The Nigerian National Petroleum Company Limited has expressed support for a Mini-LNG and LCNG project being developed by Portland Gas Limited in Gwagwalada, Abuja. NNPCL said it would supply gas to the facility from the Ajaokuta–Kaduna–Kano Gas Pipeline when the pipeline is completed and inaugurated in July. The Executive Vice President, Gas, Power and New […]

Entertainment featured

Netflix pulls out of Warner Bros. bid, Paramount takes lead

Netflix has dramatically withdrawn from the prolonged bidding war for Warner Bros. Discovery, positioning Paramount Global, backed by Skydance, as the leading contender to acquire the media conglomerate and its key assets, including CNN. Netflix confirmed it has “declined to raise its offer for Warner Bros.” after the WBD board determined that Paramount had tabled […]

AfDB, ECOWAS sign $12m agreement to boost Rice production
Business

African leaders push for visa-free travel to boost continental trade

African leaders and development bodies are urging for visa-free travel across the continent, framing the free movement of people as key to driving economic growth under the African Continental Free Trade Area. The call came during a high-level symposium co-hosted by the African Development Bank Group and the African Union Commission alongside the AU summit […]

featured

FCCPC flags fare hikes by domestic airlines

The Federal Competition and Consumer Protection Commission said it has identified patterns of price manipulation by some domestic airlines during the December 2025 festive season, heightening concerns about consumer exploitation and competition in Nigeria’s aviation sector. In an interim review released on Thursday, the commission said the findings followed an industry-wide investigation launched in January […]

featured Finance

Naira holds steady against dollar amid reserves surge

The Naira held firm against the United States Dollar on Friday, February 27, 2026, closing the trading week positively. Real-time data from the Nigerian Foreign Exchange Market and parallel market channels indicate the currency remained steady, supported by a surge in external reserves and a recent monetary policy adjustment. In the official NFEM window, the […]

Tech

Google unveils Nano Banana 2 with enhanced AI imagery

Google on Thursday unveiled Nano Banana 2, the latest update to its hugely popular AI image generator. The original Nano Banana debuted in August and quickly gained viral attention. In November, Nano Banana Pro was released, powered by Gemini 3 Pro. Google said in a blog post that Nano Banana 2 incorporates advanced world knowledge, […]

US court dismisses lawsuit against eBay over environmental violations
Tech

EBay to slash 800 jobs, cutting 6% of workforce

EBay said Thursday it plans to cut around 800 jobs, or 6 per cent of its workforce, in its latest round of layoffs. “We are taking steps to reinvest across our business and align our structure with our strategic priorities, which will affect certain roles across our workforce,” an eBay spokesperson said in a statement. […]

Shares rises as US lifts export ban on chip design software
Tech

Global smartphone market struggles as AI boom cuts chip supply

The global smartphone market is encountering major challenges in 2026 as a severe memory chip shortage, fueled by rising demand from AI infrastructure, disrupts supply. In a report by the International Data Corporation, the smartphone industry could shrink by as much as 5.2 per cent in a worst-case scenario, while average selling prices may climb […]

Business

Shettima unveils CREDICORP board to boost consumer credit

Vice President Kashim Shettima on Thursday inaugurated the Board of the Nigerian Consumer Credit Corporation, noting that the institution has disbursed more than N37 billion in consumer credit to Nigerians within its first year of operations. According to a statement by Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications (Office of […]

C'River's 20km Road to boost economic growth - Lafarge
Business featured

Lafarge Africa hits ₦1.1tn revenue milestone in 2025

Lafarge Africa Plc has achieved a historic financial milestone by surpassing the N1 trillion revenue mark for the first time in its history for the year ended December 31, 2025. In a statement released on Thursday and signed by the Head of Corporate Communications, Ginikanwa Frank-Durugbor, the cement manufacturer reported a 53 per cent increase […]