Blog

SERAP sues Wike, governors, over failure to account for N40tn LGA allocations
Opinion

SERAP urges Tinubu to scrap unlawful phone tapping regime

The Socio-Economic Rights and Accountability Project has urged President Bola Tinubu to direct the Minister of Communications, Innovation and Digital Economy, Bosun Tijani, to immediately withdraw the Lawful Interception of Communications Regulations, 2019. SERAP described the regulations as “unconstitutional, unlawful and inconsistent with Nigeria’s international obligations.” The organisation also called on the President to initiate […]

Helth

Experts highlight Nigeria’s biodiversity role in sustainable development

Experts have identified Nigeria’s rich biodiversity and ecosystems as crucial to achieving global environmental health while supporting key sectors such as agriculture, water resources, health, tourism, and industrial development — all geared towards sustainable development and food security. According to The PUNCH, the experts spoke during the validation and inauguration of Multi-Stakeholder Platforms and the […]

featured World

Trump raises global tariff to 15% after court ruling

United States President Donald Trump has announced the imposition of global tariffs at 15 per cent, continuing his criticism of a Supreme Court ruling that invalidated his prior import taxes. On Friday, Trump stated that he would substitute the tariffs nullified by the court with a 10 per cent levy on all goods entering the […]

featured Travel

Nigerians, Chinese top Grenada citizenship-by-investment applicants in 2025

Nigeria and China have emerged among the top five source countries for applicants seeking citizenship-by-investment in Grenada. This development highlights a broader shift in demand for second passports, moving beyond traditional Western applicants. According to BusinessDay, fresh data from the Investment Migration Agency revealed that Nigerians and Chinese nationals secured the top two positions among […]

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 […]