Business

African startups raise $102m in lowest month since

  • 3rd August 2026

Otedola targets 51% controlling stake in First HoldCo

  • 3rd August 2026

Nigeria can boost global creative edge via indigenous

  • 3rd August 2026

UK state investment agency faces security review after

  • 3rd August 2026

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NRS mandates tax ID for crypto account activation

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African startups raise $102m in lowest month since 2025

Business

Otedola targets 51% controlling stake in First HoldCo

Business

Fake agency DG fingers other MDAs in agency creation

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Business

Anambra market president warns criminals of swift justice

President of the Ogbaru Main Market Amalgamated Traders Union in Anambra State, Chief Ndubuisi Ochiogu, has issued a stern warning to criminals, urging them to stay away from the market or face severe consequences if caught. Ochiogu stated that the market is now fully fortified with modern detective devices and CCTV cameras, making it difficult […]

Finance

Govs treating pensioners like ghosts with ₦450 monthly pay – NUP

The Nigerian Union of Pensioners has expressed deep concern over the harsh treatment of retirees by some state governors, who pay them extremely low monthly pensions of ₦400 or ₦450, making survival difficult amid economic challenges. The NUP President, Comrade Godwin Abumisi, addressed journalists in Abuja on the poor conditions faced by pensioners, particularly at […]

Why we withdrew interest in Kogi land - BUA
Business

Kogi temporarily shuts markets, parks in Kogi-West to tackle insecurity

The Kogi State Government has announced the temporary closure of selected markets and motor parks across parts of Kogi West Senatorial District as part of intensified security operations targeting terrorists, bandits, and other criminal elements. The announcement was made on Sunday by the State Commissioner for Information and Communications, Kingsley Femi Fanwo. He said the […]

IGR to provide N300bn of Enugu's N521bn 2024 budget - Mbah
featured Finance

Enugu records ₦406.7bn IGR in 2025, targets ₦870bn in 2026

The Enugu State Government recorded N406.77 billion in Internally Generated Revenue in 2025, the Enugu State Internal Revenue Service has announced. Of the total amount, tax revenue accounted for N51.5 billion, representing 12.6 per cent, while non-tax revenue stood at N355.2 billion, representing 87.4 per cent of the total IGR. The government recalled that although […]

Business

Lagos shuts Ladipo market over environmental violations

The Lagos State Government has closed the Ladipo Spare Parts Market on Murtala Muhammed International Airport Road along the Apapa–Oshodi Expressway due to repeated environmental violations. Commissioner for Environment and Water Resources, Tokunbo Wahab, announced the closure in a post on X on Sunday. The move is part of the state’s ongoing efforts to tackle […]

Tech

AI fears hit markets after Anthropic unveils automation tools

Investors have spent months grappling with uncertainty over how artificial intelligence might transform the economy, but those concerns spilled into the stock market last week. The catalyst was AI startup Anthropic, which rolled out new tools designed to automate tasks across sectors such as legal services, data analysis and financial research. The announcement stoked fears […]

Entertainment featured

No cabal in Nollywood cinemas, says Mo Abudu

Media entrepreneur and Chief Executive Officer of EbonyLife Group, Mo Abudu, has dismissed allegations that a cabal exists in Nollywood working with cinema owners to deny certain films access to screening slots. In recent weeks, some filmmakers and cinema-goers have taken to social media to allege that films are sometimes removed from scheduled screenings, replaced […]

Business

Namibia probes TotalEnergies, Petrobras offshore acquisition without approval

Namibia has raised concerns that TotalEnergies and Petrobras acquired new offshore interests in the Lüderitz Basin without notifying the energy ministry or securing the required approvals. This was disclosed in a statement by Namibia’s Ministry of Industries, Mines and Energy on Sunday, according to Reuters. On Friday, French oil major TotalEnergies and Brazil’s Petrobras announced […]

Economy featured

Senate hails FG’s launch of $7.7trn Halal economy plan

The Senate has hailed the Federal Government for the bold and forward-looking launch of Nigeria’s National Halal Economy Strategy. This strategic policy initiative aims to position the nation to competitively access the estimated $7.7 trillion global halal market and accelerate economic diversification. In a statement signed yesterday by the Chairman of the Senate Committee on […]

Travel

UK firms spent ₦556bn sponsoring 84,106 Nigerians’ work visa

British employers spent an estimated N556.6 billion on work visa sponsorships for 84,106 Nigerian skilled workers in the fiscal year ending March 2024. This figure comes from data obtained by The PUNCH from the UK Home Office. The workers were mainly employed in the healthcare, information technology, and engineering sectors. The amount ranks Nigeria as […]

Opinion

Education empowers against slavery, brute force — Adeleke

Osun State Governor Ademola Adeleke has described education as an essential tool to empower people against slavery and brute force. He made the statement on Thursday during the inauguration of Minaret University, Ikirun, and the investiture of the institution’s pioneer Vice-Chancellor, Prof. Abdullah Abdur-Rahman. Adeleke said Osun under his watch is building upon the legacy […]

Customs, FAAN ranked worst-performing agencies in May 2024
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Customs seize ₦3.3bn contraband in major crackdown

The Federal Operations Unit Zone ‘A’ of the Nigeria Customs Service has intensified its anti-smuggling operations, intercepting 144 smuggling attempts and seizing various contraband goods with a duty paid value exceeding ₦3.3 billion. The intercepted items included rice, petroleum products, vehicles, illicit drugs, used clothing, vegetable oil, wildlife products, and other prohibited or restricted goods. […]

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