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Ogun cargo airport to employ 25000 youths on completion - Dapo Abiodun

Mamuda Beverages invests $50m in new industrial facility

  • 14th May 2025

Nigeria ships first Obodo crude blend, says NUPRC

  • 14th May 2025
UK expands work visa sponsors for Nigerians

UK unveils major visa overhaul to cut legal

  • 11th May 2025

BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

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NIMC cuts extortion, corruption by 40% – DG

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Airtel Africa begins $100m share buy-back

Airtel Africa begins second round of $100m share buy-back

Tech
Seven accredited tech learning platforms for aspiring professionals

Experts say Silicon Valley prioritizes profits over AI research,

Tech

Oil companies owe Nigeria $6bn in unpaid taxes —

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Blog

Grieving widow sues Tesla over defective car model
Business

Tesla delays US launch of affordable, lower-cost model – Report 

Tesla’s plans for an affordable electric vehicle—a stripped-down version of its best-selling Model Y SUV—have encountered delays, according to Reuters. Originally slated for production in the first half of 2025, the launch has now been postponed to the third quarter of 2025 or early 2026, according to sources familiar with the matter. Tesla has pledged […]

featured

Keyamo reaffirms Nigeria’s commitment to global aviation standards

Minister of Aviation and Aerospace Development, Festus Keyamo, has reiterated Nigeria’s dedication to upholding top-tier global air transport and facilitation standards. Keyamo made this statement at the 2025 International Civil Aviation Organisation Conference currently taking place in Doha, Qatar. The minister, who was joined by other global aviation experts and chiefs, including the Minister of […]

News

CBN launches mystery shopping for BDC compliance with anti-laundry rules

The Central Bank of Nigeria has launched mystery shopping exercises at Bureau De Change outlets to reinforce compliance with anti-money laundering and counter-terrorism financing regulations. This initiative, announced in a circular dated Thursday, and signed by the Director of the Compliance Department, Amonia Opusunju, is part of the CBN’s broader strategy to combat illicit financial […]

Osun resubmits state's nomination for bank role, challenges CBN’s rejection
News

CBN’s secret shoppers to monitor BDCs for compliance

The Central Bank of Nigeria has announced plans to introduce a secret shopper programme to assess compliance by Bureau De Change operators with anti-money laundering and counter-terrorism financing regulations. The directive was communicated to all licensed BDCs in a notice issued on Thursday by the apex bank’s Compliance Department, signed by Amonia Opusunju. The initiative, […]

Business

FG partners Chocolate City to drive Nigeria’s creative sector growth

The Federal Ministry of Arts, Culture, Tourism, and Creative Economy has entered into a landmark three-year public-private partnership with Chocolate City Group, a leading entertainment company in the country. Signed on Thursday in Abuja, the Memorandum of Understanding aims to fast-track the development of creative infrastructure and advance Nigeria’s goal of becoming the cultural hub […]

First Holdco records highest profit in 12 years, posts N663.4bn in 2024
News

First Holdco records highest profit in 12 years, posts N663.4bn in 2024

First Holdco, the parent company of Nigeria’s oldest financial institution, First Bank, has reported its strongest financial performance in more than 12 years as after-tax profit soared by 115.1 percent to N663.4 billion in the fiscal year ended December 2024, up from N308.4 billion posted in 2023, according to the company’s audited financial statement. The […]

NACC leadership vows to deepen US-Nigeria trade relations
News

NACC leadership vows to deepen US-Nigeria trade relations

The newly inaugurated leadership of the Nigerian-American Chamber of Commerce has pledged to strengthen economic ties between Nigeria and the United States, with a renewed focus on trade facilitation, innovation, and expansion. Speaking in Lagos during his inauguration as the 20th President of the NACC, Sheriff Balogun committed to driving greater engagement between the two […]

The Nigerian equities market closed in positive territory on Thursday, with investors pocketing a gain of N239bn in market capitalisation
News

Nigerian stocks rebound as investors gain N239bn

The Nigerian equities market closed in positive territory on Thursday, with investors pocketing a gain of N239bn in market capitalisation, reversing earlier losses from a sluggish start to the week. The bounce-back came after a shortened four-day trading week due to the Easter holidays. Figures from the Nigerian Exchange Limited (NGX) revealed that the market […]

FG launches BisonFly project to slash air travel costs across MDAs
News

FG launches BisonFly project to slash air travel costs across MDAs

In a strategic move to curb the rising cost of air travel within Ministries, Departments, and Agencies, the Federal Government has unveiled the BisonFly Project — a centralized, technology-driven travel management system. The initiative, designed by the Federal Ministry of Finance, aims to introduce a more structured and cost-efficient approach to official air travel. According […]

Oil and Gas

NNPC targets $60b investments, three million bpd output by 2030 — Ojulari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited has unveiled an ambitious growth plan for the company, stating that under his leadership, NNPC aims to secure $30 billion in sectoral investments by 2027, increasing to $60 billion by 2030. In addition, the company is targeting a steady crude oil production level […]

Banking

CBN warns banks to strengthen sanctions compliance framework 

The Central Bank of Nigeria has issued a fresh directive to banks, payment service banks, and fintech firms, warning them to strengthen their sanctions compliance frameworks or face enforcement actions. In a circular signed by Amonia Opusunju for the Director of the Compliance Department, the CBN emphasized the obligation of all financial institutions to adhere […]

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