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Tinubu inaugurates ₦73bn Customs complex in Ogun

President Bola Tinubu inaugurated a N73 billion customs complex in Iperu, Ogun State, marking a major infrastructure push aimed at strengthening trade facilitation, enforcement, and revenue generation within the Nigeria Customs Service. The project, which houses the Federal Operations Unit Zone ‘A’, spans 142 buildings on a 100-hectare site and is designed to deliver international-standard […]

Business

Fidson Healthcare’s revenue surged 41% to ₦119bn in 2025

Fidson Healthcare Plc has recorded a remarkable 41 per cent surge in revenue to N119.06 billion in 2025, driven largely by a 41.5 per cent increase in ethical drug sales to N77.8 billion. The figures were disclosed in the company’s audited financial statements for the year ended December 31, 2025. The performance reflects strong demand […]

Science

Astronauts on Artemis II faces recurring toilet issue

The four astronauts aboard the Artemis II mission are now over halfway to the Moon following Wednesday’s launch from Kennedy Space Center, but a familiar issue has returned. Orion’s toilet has malfunctioned for the second time since liftof. “During the night, we tried to vent the wastewater tank that’s attached to the toilet. We had […]

Business featured

Rewane calls for direct-to-consumer fuel subsidy system

Renowned economist and Managing Director of Financial Derivatives Company, Bismarck Rewane, has called for a restructuring of Nigeria’s fuel subsidy system, proposing a refinery-driven model that delivers benefits directly to consumers. Speaking on Nairametrics TV, Rewane said Nigeria’s abundant resources and strategic location position it well to implement a more efficient subsidy framework anchored on […]

Anthropic gives Claude AI power to end conversations
Tech

Anthropic to charge Claude Code users extra for third-party tools

Claude Code subscribers will soon face higher costs when using Anthropic’s coding assistant with third-party tools such as OpenClaw. In an email to customers shared on Hacker News, Anthropic said that effective noon Pacific time on April 4, subscribers will no longer be able to apply their existing Claude subscription limits to third-party harnesses, including […]

featured News

Fire razes textile shops in Lagos

Textile material shops were destroyed in a fire outbreak in Lagos after a three-storey commercial building housing the items was gutted by flames in the early hours of Saturday. The Lagos State Fire and Rescue Service disclosed this in a statement issued by its Controller General, Margaret Adeseye. According to the agency, the incident occurred […]

Polaris Bank names Chinwe Iloghalu new Executive Director
Banking

Polaris Bank restricts VULTe access for four-day system upgrade

Polaris Bank has informed customers that access to its digital platform, VULTe, will be restricted for four days due to a planned system upgrade. The temporary disruption is part of scheduled maintenance designed to enhance the platform’s performance and improve overall user experience. The bank disclosed this in a notice issued to customers via email. […]

Banking

Wema Bank posts N221.8bn audited 2025 profit before tax

Wema Bank Plc has posted a profit before tax of N221.8 billion in its audited 2025 financial results, slightly below the earlier unaudited figure of N222 billion. The audited performance marks a 116.44 per cent increase from the N102.5 billion recorded in 2024, driven largely by a significant rise in interest income, which accounts for […]

Business featured

NRS takes over mineral royalty collection nationwide

The Nigeria Revenue Service has assumed responsibility for collecting mineral royalties from mining operators nationwide following the implementation of the Nigeria Tax Laws 2025. The move was disclosed after a meeting in Abuja between Solid Minerals Minister Dele Alake and NRS Chairman Zacch Adedeji, according to a statement issued Friday by Dare Adekanmbi, adviser to […]

Travel

ICYMI: Nigerians seeking Portuguese residency to pay €500,000

Nigerians seeking Portuguese residency through the country’s golden visa programme now face a minimum investment threshold of €500,000 ($572,000) and a permanent ban on using property purchases to qualify. This followed a series of reforms by the Portuguese government introduced in phases between January 2022 and October 2023 and finalised in the first quarter of […]

List of Nigerians who own private jets
featured News

Iran shoots down US fighter jet, rescue mission begins

A United States fighter jet has been shot down over Iran and a search-and-rescue operation is underway for any survivors, two U.S. officials told Reuters on Friday, in the first such known incident since the war began nearly five weeks ago. According to Reuters, the Pentagon and U.S. Central Command did not respond to requests […]