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US, Iran near deal to reopen Strait of

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ICYMI: Amazon’s market value hits $3trn on AI

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Electricity metering hits 59.69% as DisCos add 349,357

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Prioritise infrastructure execution over bigger budgets – Okonjo-Iweala

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US, Iran near deal to reopen Strait of Hormuz

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ICYMI: Amazon’s market value hits $3trn on AI boom

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FG opens public consultation on state police bill

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NECA, stakeholders push for more robust labour justice systems

The Nigeria Employers’ Consultative Association and the International Labour and Arbitration Forum on Thursday held a high-level dialogue on improving access to labour justice, warning that delays, weak enforcement, and outdated laws risk undermining industrial harmony in a rapidly changing workplace. Titled “Access to Labour Justice in a Rapidly Changing World of Work,” the event […]

Electricity

Gas supply cut threatens electricity output – NISO

Seven power plants nationwide may face gas supply disruptions following the planned shutdown of a key Seplat Energy facility for routine maintenance, sparking concerns over possible power shortages and blackouts, the Nigerian Independent System Operator has cautioned. In a notice issued on Thursday, NISO informed electricity market operators and consumers that the maintenance, scheduled for […]

Failed banks liquidation delayed over ex-staff owed salaries, others - NDIC
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Nearly 99% of bank depositors fully protected – NDIC

The Nigeria Deposit Insurance Corporation has disclosed that nearly 99 per cent of depositors in Nigerian banks are fully protected under its strengthened deposit insurance framework, while urging customers to link their Bank Verification Numbers to their accounts to ensure prompt access to insured funds in the event of a bank failure. The Managing Director […]

Agribusiness featured

Agribusiness topped BOI’s ₦636bn credit allocation in 2025

Agribusiness has emerged as the biggest beneficiary of the Bank of Industry’s N636 billion credit push in 2025, reinforcing the nation’s support for the agriculture sector. The record-breaking disbursement marks a significant moment for Nigeria’s leading development finance institution, as it seeks to anchor food security and industrial growth amid persistent macroeconomic headwinds. Agribusiness captured […]

featured Finance

Senate rejects AGF’s 2026 budget over unpaid contractors, zero releases

The Accountant-General of the Federation, Shamseldeen Ogunjimi, faced intense scrutiny on Thursday. The Senate Committee on Finance declined to consider the 2026 budget proposal of his office. The decision stemmed from poor budget releases and mounting unpaid liabilities to contractors. The AGF heads Nigeria’s Treasury House. He is responsible for the custody, management, and disbursement […]

News

Protests grow as union challenges NAFDAC’s sachet alcohol crackdown

Protests escalated on Thursday as members of the Food, Beverage and Tobacco Senior Staff Association pressed on with their action against the National Agency for Food and Drug Administration and Control over the enforcement of the sachet alcohol ban. The workers, who blocked the gate of NAFDAC’s Lagos office, accused the agency of ignoring what […]

Business

NNPC remitted N14.7tn to FG in 2025 – Report

The Nigerian National Petroleum Company Limited remitted a total of N14.706 trillion in statutory payments to the Federal Government between January and December 2025. This was disclosed in the company’s Monthly Report Summary for December 2025. According to the report, NNPC Ltd generated N60.5 trillion in total revenue for the year and posted a profit […]

Musk’s X faces lawsuit for allegedly withholding staff bonuses
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Elon Musk named America’s greatest innovator

Tech billionaire, Elon Musk, has been named America’s top living innovator by Forbes, leading the magazine’s newly released ranking of the 250 greatest innovators. The ranking, unveiled on Thursday, forms part of a year-long series celebrating the 250th anniversary of the United States. Forbes said the list highlights people who not only invent new ideas […]

News

Trump moves to revoke naturalised citizenship amid immigration crackdown

The administration of United States President, Donald Trump, is intensifying efforts to strip citizenship from certain foreign-born Americans, broadening a denaturalisation initiative as part of a wider campaign to tighten immigration controls. Officials at U.S. Citizenship and Immigration Services, the Department of Homeland Security agency that oversees lawful immigration—have recently been reassigned to field offices […]

Business

Nigeria records $21bn capital inflows in 2025

Nigeria attracted around $21 billion in capital inflows in the first ten months of 2025, up sharply from about $12 billion in 2024 and less than $4 billion in 2023. The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, disclosed this on Wednesday while defending the ministry’s 2026 budget proposal before the Joint House […]

WhatsApp rolls out voice note transcription feature in India
Mobile phones

WhatsApp accuses Russia of blocking app for indigenous service

WhatsApp said Wednesday that Russia “attempted to fully block” the messaging app in the country. The company stated this was done to push users toward a competing state-controlled service. The move could potentially affect 100 million people. Moscow has been trying to nudge Russians to use a more tightly controlled domestic online service. It has […]

featured Finance

US House rejects Trump’s tariffs on Canada despite threats

United States House lawmakers voted Wednesday to reject Donald Trump’s tariffs on Canadian goods. The vote swept aside the president’s last-gasp threat of election consequences for Republicans. It delivered a rare rebuke on his signature economic policy. The measure, brought by Democrats, was approved 219-211. Six Republicans joined the effort to pass the resolution. The […]

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