Business

Flutterwave denies reports of $75m FG investment

  • 21st April 2026

Tinubu sacks finance, housing ministers in FEC reshuffle

  • 21st April 2026

Fraudsters demand crypto for safe passage through Strait

  • 21st April 2026

Tinubu appoints Fatima Zuntu as NBMA director-general

  • 21st April 2026

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Meta offered $100m bonuses to lure OpenAI staff, Altman alleges

OpenAI’s Sam Altman criticises Anthropic over AI risk messaging

Tech

Flutterwave denies reports of $75m FG investment

Business

Clarifai deletes 3m OkCupid photos used for AI training

Tech
Microsoft sharepoint cyberattack hits 400 victims - Researchers

Microsoft cuts Xbox subscription prices to reconnect with core

Tech

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Tech

Amazon slaps 3.5% fuel surcharge on sellers amid Iran war

Amazon has introduced a new 3.5 per cent fuel surcharge for merchants that use its distribution and fulfillment network in response to rising fuel expenses. The war in Iran has sent shockwaves through global oil markets, driving up crude prices and triggering a spike in United States gasoline costs, with ripple effects across the transportation […]

featured Finance

Account for ₦158trn foreign loans, SDP queries Tinubu

The Social Democratic Party has called on the administration of President Bola Ahmed Tinubu to provide a detailed account of over ₦158 trillion in foreign loans allegedly secured within the last three years. The party also expressed concern that recently approved loans by the National Assembly could be misapplied or diverted for political purposes ahead […]

featured Finance

World Bank approves $500m to boost Nigerian agric sector

The World Bank has approved a $500 million International Development Association credit to boost Nigeria’s agricultural sector under a new programme targeting smallholder farmers, value chains, and food security. The funding will support the Nigeria Sustainable Agricultural Value-Chains for Growth project, also known as AGROW, which aims to improve productivity, strengthen market linkages, and create […]

Business

Tinubu appoints Shu’aibu Aliyu as PTDF executive secretary

President Bola Ahmed Tinubu has approved the appointment of Professor Shu’aibu Shehu Aliyu as the new Executive Secretary of the Petroleum Technology Development Fund. The President also renewed the tenure of Engineer Sule Ahmed Abdulaziz as the Managing Director and Chief Executive Officer of the Transmission Company of Nigeria. The appointments take immediate effect, according […]

Banking featured

Flutterwave secures banking licence, set to rival traditional lenders

Nigerian fintech giant Flutterwave has secured a microfinance bank licence from the Central Bank of Nigeria, a move that authorises it to function as a fully-fledged financial institution and places it in direct competition with conventional banks. The development was announced on Thursday by the company’s Chief Executive Officer and Co-Founder, Olugbenga Agboola, who described […]

World

Nigeria targets 10% global palm oil share in six years

Nigeria has unveiled an ambitious plan to reposition the oil palm industry as a major economic driver, targeting a 10 per cent share of the global market and lifting about two million citizens out of poverty within six years. Aliyu Sabi Abdullahi, minister of state, Federal Ministry of Agriculture and Food Security, stated this in […]

Cocoa hits largest weekly gain in 24 years at $6,470 as Nigeria's supply drops
Business

High fuel costs disallow cocoa processors amid price slump

Nigeria’s cocoa processors are struggling to benefit from the recent cocoa price collapse, with the industry failing to capitalise on cheaper raw materials after prices plunged 83 per cent from 2024 peaks. The price drop, which has seen cocoa trade around N2.5 million per metric ton from a 2024 peak of N15 million, ought to […]

Employers slam FRC over levies on private firms
Finance

Naira strengthens as remittance reforms boost FX liquidity

The naira began April 2026 on a stronger footing, appreciating across foreign exchange market segments as improved liquidity, supported by recent remittance reforms, helped lift the local currency despite declining external reserves. Data from the Central Bank of Nigeria showed the naira gained N8.02, or 0.58 percent, to close at N1,378.70 per dollar on Wednesday, […]

Maritime

Deliver results or face sanctions, Oyetola warns maritime agencies

The Federal Government through the Minister of Marine and Blue Economy, Adegboyega Oyetola, has issued a strong warning to heads of agencies under the ministry, demanding strict accountability and measurable results. Oyetola issued the warning during the signing of performance bonds with heads of maritime agencies at the Ministerial Management Retreat, held alongside the 2026 […]

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