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UAE oil giant vessel attacked in Strait of Hormuz

Oil and Gas

Agric credit hits ₦3.86trn as oil, gas lending falls

Agribusiness

PwC flags gaps in new NRS virtual asset tax

Business

Bonny Light nears $95 as Middle East tensions persist

Oil and Gas

Blog

News

FG denies postponement of paramilitary recruitment

The Federal Government has denied claims that the ongoing recruitment exercise by the Civil Defence, Correctional, Fire and Immigration Services Board has been postponed until after the 2027 general election, describing the circulating document as fake and unauthorised. In a statement issued on Thursday by the Permanent Secretary, Ministry of Interior, Dr Magdalene Ajani, the […]

Aviation featured

FG, aviation unions, airlines agree on debt repayment plans

The Federal Government, aviation sector unions and airline operators have reached a number of resolutions aimed at resolving lingering issues in the industry. Vanguard reported that this followed an emergency meeting convened by the Minister of Aviation and Aerospace Development, Festus Keyamo, after tensions rocked operations at Abuja and Lagos airports. The meeting, held as […]

Oil and Gas

Tinubu vows revival of govt refineries

President Bola Tinubu has assured Nigerians that government-owned refineries will return to operation following ongoing reforms aimed at making them commercially viable and sustainable. Vanguard reported that the president gave the assurance on Thursday while receiving the leadership of the Nigeria Union of Petroleum and Natural Gas Workers, led by its President, Mr Sulaimon Oladiti, […]

Business

Aradel Holdings announces plans to begin refining petrol in 2027

Integrated indigenous energy company, Aradel Holdings Plc, has announced plans to begin refining petrol at its modular refinery in 2027. The company attributed the decision to the removal of fuel subsidies and the deregulation of Nigeria’s downstream oil sector, which have improved the commercial viability of domestic petrol refining. Temitayo Ogunbanjo, who oversees Aradel’s refining […]

Business

DMO raises N5.86bn via savings bond in August

The Debt Management Office raised N5.86 billion through the Federal Government of Nigeria Savings Bond in August 2026, representing a decline from the N6.19 billion raised in July. The DMO disclosed this in its latest FGNSB allotment circular released on Thursday, covering the subscription period from August 3 to 7, with settlement conducted on August […]

Tech

Apple seeks news content deals for upgraded Siri AI

Apple is negotiating with news publishers to license their content for use in an upgraded, AI-powered version of its Siri assistant. The company has approached publishers in recent months over potential agreements that would give Siri access to current news and other information, according to The Wall Street Journal. The report stated that Apple is […]

Tech

Taiwan uncovers ‘first-of-a-kind’ AI-assisted cyberattack

Taiwan said it detected AI-assisted cyberattacks targeting government agencies from overseas last month, in what has been described as a “first-of-a-kind” breach. The Ministry of Digital Affairs said its cybersecurity monitoring units identified an “abnormal attack” against government agencies on July 20, prompting the National Institute of Cyber Security to issue a series of warning […]

featured News

Azikel Group CEO is a ‘small boy’, I mentored him — Patience Jonathan

Ex-President Goodluck Jonathan’s wife, Patience, has described the Group President of Azikel Group, Dr Azibapu Eruani, as a “small boy” she raised and mentored into the league of Nigeria’s biggest businessmen. She said her guidance was behind his bold entry into big business at a relatively young age. The former First Lady spoke on Tuesday […]

News

Customs denies smuggling, recruitment malpractice allegations

The Nigeria Customs Service has dismissed allegations of increased smuggling, revenue leakage, recruitment impropriety and manipulation of succession within the service, describing them as a misrepresentation of its operations and administrative processes. The PUNCH reported that the service’s National Public Relations Officer, Deputy Comptroller Abdullahi Maiwada, stated this in a response released on Thursday to […]

Economy

Presidency defends Nigeria’s fiscal record after US report, cites reforms

The Presidency has responded to a United States assessment that Nigeria failed to meet minimum fiscal transparency requirements, saying the findings should be viewed as an external benchmark rather than a complete assessment of the country’s fiscal governance. The Special Adviser to the President on Media, Sunday Dare, said the Federal Government remains committed to […]

Business

OPay’s transaction value hits $358bn, doubles ahead of IPO

Fintech company, OPay, processed gross transaction value of $358 billion in 2025, more than double the $166.2 billion recorded in 2024, highlighting the rapid expansion of the fintech’s payments business as it prepares for a potential listing on the New York Stock Exchange. According to an investment document on the company’s planned Initial Public Offering […]

News

Europeans watch as rare solar eclipse covers 90% of sunlight

The United Kingdom and Europe witnessed their most spectacular solar eclipse in nearly 30 years, with millions of people expected to have watched the rare astronomical event. In the UK, viewers experienced a partial eclipse that peaked shortly after 19:00 BST, with more than 90 per cent of the Sun obscured by the Moon in […]

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