Business

Afreximbank, ATDC sign $500m facility to boost African

  • 22nd September 2026

Mutual Benefits shareholders approve ₦802m dividend payout

  • 22nd September 2026

FG threatens coastal highway closure over traffic violations

  • 22nd September 2026

Car imports hit 42.5% rise as FG slashes

  • 22nd September 2026

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CBN cuts interest rate to 23%

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Meta’s Muse outpaces ChatGPT in early mobile downloads

Tech

Dangote plans over $10bn investment in Africa’s power sector

Business

UNGA81: Tinubu demands alliance to end Africa’s mineral exploitation

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Union threatens withdrawal over alleged assault of JED workers

The National Union of Electricity Employees has accused personnel of the Nigerian Air Force of invading the Jos Electricity Distribution Plc office in Bauchi State, where some workers were allegedly abducted and assaulted. The union described the alleged incident as unacceptable and threatened to direct its members to withdraw from the JED office if adequate […]

Business

Nvidia CEO rejects claims AI could wipe out humanity

Nvidia’s chief executive, Jensen Huang, has dismissed claims that artificial intelligence could become advanced enough to cause human extinction within the next few years, describing such predictions as exaggerated “doomsday narratives”. Huang, co-founder and CEO of the $5tn AI chipmaker, was responding to comments by former Anthropic researcher Jacob Coxon, who said on social media […]

Finance

FG begins paying ₦1.1bn exit benefits to 175 retirees

The Federal Government has begun disbursing Additional Exit Benefits to retirees of Treasury-funded Ministries, Departments and Agencies with about N1.1 billion already paid to 175 retirees who left the Federal Public Service between January 1 and August 31, 2026. The payment is being made under the Federal Government Exit Benefit Scheme which was approved by […]

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Naira holds near ₦1,330/$ in early Monday trading

The naira opened the new trading week at differing rates against the United States dollar across the official foreign exchange market and the parallel market. The latest available data from the Nigerian Foreign Exchange Market placed the naira at about N1,331.20 per dollar, based on the most recent confirmed official-market rate from Friday, September 18. […]

featured Investment

NGX investors gain ₦4.57trn as market rebounds sharply

The Nigerian Exchange Limited recorded a strong rebound last week, with investors gaining over N4.57 trillion despite the ongoing N2.2 trillion Initial Public Offering of Dangote Petroleum Refinery. This followed a loss of N1.9 trillion the previous week, which had been driven by widespread profit-taking across major stocks. According to Vanguard, analysts attributed the rebound […]

Business

NHIA refunds N14.2m to enrollees, suspends nine healthcare facilities

The National Health Insurance Authority has refunded more than N14.2m to enrollees and suspended nine healthcare facilities following complaints about servicesNHIA refunds N14.2m to enrollees, suspends nine healthcare facilities provided under Nigeria’s health insurance system. The authority also issued 368 warning letters to healthcare providers after resolving 3,878 complaints, according to a statement released by […]

Conferences featured

Tinubu has no rift with US, aide says amid UNGA absence

The Senior Special Assistant to President Bola Tinubu on Foreign Affairs and Protocol, Ademola Osodi, has rejected claims that the President has strained relations with the United States, following renewed attention on Tinubu’s third consecutive absence from the United Nations General Assembly. Osodi made the remarks while appearing on Channels Television’s Sunday Politics programme. He […]

Business

GSMA urges governments to open upper 6GHz for mobile services

Mobile network operators are urging governments and regulators to open up the upper 6GHz spectrum for mobile services as growing data consumption puts increasing pressure on network capacity and the industry prepares for next-generation connectivity. The upper 6GHz band, which spans 6.425GHz to 7.125GHz, is now supported for mobile use by countries representing more than […]

Business

Dangote acquires 4,000 equipment for refinery expansion

Dangote Industries Limited has acquired an additional 4,000 pieces of construction equipment as part of plans to expand its Lekki refinery to a capacity of 1.4 million barrels per day. The latest acquisition brings the company’s construction equipment fleet to 6,500 machines. The Group Vice President, Oil and Gas and Fertiliser, Devakumar Edwin, disclosed this […]

News

NDLEA seizes drugs worth ₦3.4bn in multi-state operations

Operatives of the National Drug Law Enforcement Agency have intercepted more than 1.3 million pills and capsules of tramadol and other opioids, along with 6,000kg of cannabis, in a series of operations spanning eight states and the Federal Capital Territory. The agency disclosed that the combined seizures carry a street value of more than N3.4 […]

News

Edible oil tanker drivers threaten strike over union interference

Edible oil tanker drivers in Nigeria have threatened to embark on industrial action from September 22, citing alleged interference in their operations by the Petroleum Tanker Drivers branch of the Nigeria Union of Petroleum and Natural Gas Workers. This was disclosed by the General Secretary of the National Union of Edible Oil Tanker Drivers of […]

Life Style

Binance founder’s wealth jumps 12% to $91.2bn in 24 hours — Forbes

Binance founder Changpeng Zhao added $9.76 billion to his personal fortune within a single 24-hour window, pushing his net worth to $91.2 billion, Forbes’ real-time billionaire tracker has shown, with his Binance stake remaining the primary driver of his wealth. The jump, logged on September 20, 2026, translates to a one-day gain of roughly 12 […]

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