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Nigeria secures $155m clean energy investments

  • 26th July 2026

NGX sheds 0.19% as Presco, banks drag index

  • 25th July 2026

NPF Microfinance Bank grows profit before tax by

  • 25th July 2026

US imposes new tariffs on UK, Canada, others

  • 24th July 2026

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Ghana to evacuate 1,000 more workers from South Africa

Transportation

Nigerians may face rice, tomato scarcity within three months

Food

Pharmaceutical firms’ finance costs jump 46.5% amid high interest

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FAAN launches probe into viral Delta airport security altercation

Ports and Airports

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Business

Convicted fraudster charged with theft of forfeited cryptocurrency

A convicted cryptocurrency fraudster, Rossen Iossifov, is facing fresh criminal charges over allegations that he orchestrated the unauthorized withdrawal and transfer of about $290,000 in cryptocurrency while serving a prison sentence. The 53-year-old has been charged with destruction or removal of property to prevent seizure, aiding and abetting, and conspiracy to commit money laundering in […]

Electricity

Nigeria’s electricity transmission losses hit ₦2.61bn in Q1

Nigeria’s electricity transmission losses cost the power sector an estimated ₦2.61bn in the first quarter of 2026 after the Transmission Company of Nigeria failed to meet the transmission loss target set by the Nigerian Electricity Regulatory Commission. According to the commission’s first-quarter 2026 report, the Transmission Loss Factor exceeded the regulatory benchmark, indicating that a […]

Energy

Nigeria’s electricity transmission losses hit ₦2.61bn in Q1

Nigeria’s electricity transmission losses cost the power sector an estimated ₦2.61bn in the first quarter of 2026 after the Transmission Company of Nigeria failed to meet the transmission loss target set by the Nigerian Electricity Regulatory Commission. According to the commission’s first-quarter 2026 report, the Transmission Loss Factor exceeded the regulatory benchmark, indicating that a […]

featured Finance

Solid minerals exports hit ₦354bn on reform gains

Nigeria’s solid minerals exports have sustained an uptrend, rising to N354 billion in 2025, up by 2018 per cent from N117.29 billion recorded in 2023. The figure for the first nine months of 2024 was N199.6 billion, with the full year estimated to be over N266 billion. Similarly, revenue generated for the Federation Account climbed […]

featured Finance

Naira trades at ₦1,375/$ in official FX market, ₦1,425/$ in parallel

The naira traded relatively steadily against the United States dollar on Friday, July 10, 2026, across both the official Nigerian Foreign Exchange Market and the parallel market. Traders continued to monitor foreign exchange liquidity and demand during the trading session. Data from the Nigerian Foreign Exchange Market showed that the official exchange rate stood at […]

Opinion

Dangote cement boss urges Africa to accelerate decarbonisation drive

Dangote Cement Plc has reaffirmed its commitment to driving low-carbon cement production. The company’s Group Managing Director, Arvind Pathak, urged African producers to accelerate decarbonisation while expanding capacity to meet the continent’s growing infrastructure demand. Vanguard reported that Pathak made the call after participating in the Global Cement and Concrete Association CEO Strategic Dialogue in […]

featured Oil and Gas

Diesel prices surge across Lagos, Port Harcourt, Warri depots

Diesel prices, known officially as Automotive Gas Oil have recorded significant increases in Lagos, Port Harcourt and Warri. This rise contrasts with relatively stable prices for Premium Motor Spirit, commonly called petrol, despite fears that renewed hostilities in the Middle East war between the United States and Iran could pile pressure on pump prices, as […]

Tech

OpenAI product chief resigns amid worsening health condition

OpenAI’s chief of product and business, Fidji Simo, announced on Thursday that she is stepping down from her role to focus on recovering from a severe flare-up of a chronic illness. Simo, who was diagnosed with Postural Orthostatic Tachycardia Syndrome in 2019, said the condition has required her to spend countless hours managing symptoms, undergoing […]

Business

Dangote’s UAE crude deal may strengthen Nigeria-UAE trade – LCCI

The Lagos Chamber of Commerce and Industry has said the Dangote Petroleum Refinery’s landmark crude oil purchase from the United Arab Emirates could help deepen trade ties between Nigeria and the UAE, while emphasising that the deal is a purely commercial transaction rather than a diplomatic arrangement. The comment follows the refinery’s first-ever purchase of […]

Business

Canal+ completes MultiChoice takeover

MultiChoice has officially become a wholly owned subsidiary of French media company Canal+, completing a landmark acquisition that places one of Africa’s largest pay television operators under the ownership of a global media group operating in 70 countries. The transaction marks a major milestone in the consolidation of Africa’s media and entertainment industry, positioning MultiChoice […]

Business

ITU launches global digital standards advancing autonomous agents

The International Telecommunication Union, the United Nations agency for digital technologies, has launched a global initiative to develop standards for trusted digital identity and ensure increasingly autonomous artificial intelligence agents operate in a safe, accountable and trustworthy manner. Announced on Thursday at the AI for Good Global Summit, the initiative establishes the ITU Focus Group […]

featured News

FG to roll out ‘112’ as national emergency number

The Federal Government has announced plans to work with state governors and emergency response agencies to conclude arrangements for the nationwide implementation of 112 as Nigeria’s unified emergency telephone number. According to The PUNCH, this was disclosed in a statement issued on Thursday by the Senior Special Assistant to the President on Media and Communications, […]

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