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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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NAICOM completes 12-month insurance recapitalisation exercise

Business

Reforms alone not enough, CFG advisory CEO warns FG

featured Opinion

Shettima arrives Asaba for Delta investment summit

Conferences

Guinea opts out of ECOWAS single currency plan

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Blog

Nigeria's palm oil imports from Malaysia rose by 65.3% - Report
Business

Nigeria records 1.57m tonnes of palm oil production in 2025

Nigeria’s palm oil production reached 1.57 million tonnes in 2025, marking steady growth over the past five years. The data was revealed by the Council of Palm Oil Producing Countries during a mission to Abuja, according to the News Agency of Nigeria. During the visit, the council reiterated its commitment to deepen technical and policy […]

Finance

Banks, telecoms, cement giants dominate trillion-naira NGX

Nigeria’s stock market has become increasingly concentrated, with 25 out of 148 listed companies on the Nigerian Exchange Limited commanding N111.11 trillion in market value. These dominant firms are primarily from the banking, telecommunications, and cement sectors. Capital distribution remains uneven. It concentrates in companies possessing pricing power, export capabilities, regulated revenue sources, or robust […]

Naira closes week stronger at N1,534.72/$ 
featured Finance

Naira gains strength as dollar holders sell at loss

The naira maintained its upward momentum across various segments of the foreign exchange market throughout the week. Dollar holders continued to sell off their positions as rates declined, resulting in losses for many who had accumulated dollars earlier. A street trader told BusinessDay that several operators who had stocked up on dollars at higher rates […]

Meta to give EU users more power over Facebook, IG content
Tech

Tech giants pledge billions of dollars for India AI push

Tech giants have pledged to channel hundreds of billions of dollars into AI initiatives in India, amid a major summit that has drawn world leaders and top industry executives. Record investments are pouring into artificial intelligence as governments and corporations worldwide race to deploy the technology. Hyperscalers, including Amazon, Microsoft, Meta, and Alphabet — have […]

India seeks to keep US trade talks on track despite tariff hike
featured World

US Supreme Court strikes down Trump’s sweeping global tariffs

The United States Supreme Court on Friday ruled Donald Trump’s sweeping global tariffs illegal — a stunning political setback that blocks the signature policy of the president’s economic agenda. The conservative-majority high court ruled six-three in the judgment, saying that an emergency powers law known as the International Emergency Economic Powers Act (IEEPA) “does not […]

Tech giant Meta has unveiled ambitious plans to construct some of the largest artificial intelligence data centres on the planet,
Business

US parent, teacher association exits Meta partnership as legal battles intensify

The United States National Parent Teacher Association is cutting ties with Meta Platforms as the social media giant faces a series of high-profile child-safety court cases. This was disclosed in a letter written to members on Friday by the National PTA president, Yvonne Johnson, according to CNBC. In the letter, Johnson said that the organization […]

Tesla partners Baidu to enhance self-driving system
Business

Tesla must pay family of autopilot crash victim, US judge rules

A United States federal judge in Miami has rejected Tesla’s attempt to overturn a $243 million verdict, leaving the automaker liable to compensate the family of Naibel Benavides, who was killed, and survivor Dillon Angulo after a 2019 Autopilot-related crash. The collision occurred in Key Largo while George McGee was driving his Model S using […]

Business

FG starts payment of outstanding capital funds

The Federal Government has begun disbursing funds for outstanding 2024 capital projects and fixed March 31, 2026, as the deadline for completing capital components under both the 2024 and 2025 budgets. This was revealed by the Special Adviser on Media and Public Communication to President Bola Tinubu, Sunday Dare, in a post on X on […]

Mexico considers 50% tariff on Chinese cars amid US pressure
Ports and Airports

US state’s lawmakers approve renaming airport after Donald Trump

Florida’s Republican-led legislature has approved a bill to rename Palm Beach International Airport after United States President Donald J. Trump. The measure, passed on Thursday, proposes changing the airport’s name to “President Donald J. Trump International Airport,” according to state records. Governor Ron DeSantis, who was once a political opponent of Trump, is expected to […]

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