Business

NMDPRA proposes ban on fuel price fixing

  • 6th August 2026

Tinubu gets ICPC report on alleged fake agency

  • 6th August 2026

NIA credits NAICOM’s oversight for successful insurance recapitalisation

  • 6th August 2026

Tinubu attributes strong corporate performance to FX, subsidy

  • 6th August 2026

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NiDCOM hails Nigeria’s first indigenous female neurosurgeon’s US hospital

Business

NMDPRA proposes ban on fuel price fixing

Business

Tinubu gets ICPC report on alleged fake agency

Business

NIA credits NAICOM’s oversight for successful insurance recapitalisation

Business

Blog

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Finance

Dollar supply rebounds 38% amid CBN market intervention

Dollar supply in Nigeria rebounded by 38 per cent month on month in December 2025, as increased foreign exchange sales by the Central Bank of Nigeria helped support market liquidity, data from FMDQ showed. Total foreign exchange inflows into the FX market rose sharply by 38 per cent month on month to $2.8 billion in […]

US senator questions Intel CEO’s China ties over security concerns
Business

Intel unveils new strategy to regain global chip leadership

Intel, fresh from a historic investment by the United States President Donald Trump administration, has unveiled a strategy aimed at radically reshaping the company’s future. Once the dominant force in the chip industry, Intel has struggled to keep pace with competitors over the last decade, losing ground to Qualcomm and Nvidia in critical areas such […]

US senators demand Meta probe over chatbot child safety concerns
Business

Meta partners nuclear power firms to fuel AI expansion

Meta on Friday said it has reached agreements with three nuclear energy providers, including one backed by OpenAI CEO Sam Altman, as it moves to secure power for its expanding artificial intelligence operations. The deals involve Vistra, TerraPower and Oklo, all developers of nuclear power technologies, and will support Meta’s Prometheus supercluster computing system under […]

UK job vacancies drop 23%, signaling economic slowdown
featured Policy and Regulations

UK warns Nigerians against illegal employment, threatens deportation

The United Kingdom has issued a renewed warning to Nigerians and other migrants, cautioning them against engaging in illegal employment and vowing to arrest, detain and deport anyone found working without the required authorisation. UK authorities said enforcement actions targeting illegal workers have intensified nationwide, with immigration raids now at record levels across the country. […]

News

Ogun waste agency MD denies extortion allegations by vendors

The Managing Director of the Ogun State Waste Management Agency, Mr Abayomi Hunye, has firmly rejected allegations of extortion made against him by members of the Ogun State chapter of the Association of Waste Management Vendors and Recyclers of Nigeria. Hunye said he was considering legal action against the association, accusing it of defaming his […]

Finance

Jersey to return $9.5m corruption linked funds to Nigeria

The government of Jersey is set to repatriate more than $9.5 million, equivalent to £7 million, to Nigeria after the funds were linked to what authorities described as “tainted property,” according to a report by the BBC. The money, which has been held in a Jersey bank account, will be returned to the Nigerian government […]

Business

Dangote drags ex-NMDPRA chief to EFCC over corruption claims

The Chairman of Dangote Industries, Aliko Dangote, has submitted a formal corruption petition to the Economic and Financial Crimes Commission, against Farouk Ahmed, the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, through his legal counsel. The development was confirmed in a statement issued on Friday by the Dangote Group’s media […]

Business

Dangote, major marketers deal collapses amid price conflict

The fuel supply agreement between the Dangote Petroleum Refinery and 20 major petroleum marketers—under which the parties had planned to offtake 600 million litres of petrol monthly, has collapsed due to pricing disagreements. Findings also indicate that the dispute triggered the surge in petrol imports recorded in November 2025, when total import volumes climbed to […]

Elon Musk’s xAI launches Grok 4 with $300 subscription plan
Tech

Musk’s X limits Grok access amid sexualized deepfake concerns

Elon Musk’s platform X has restricted the use of its AI image-editing tool, Grok, to paying users following criticism over its role in creating sexualized deepfakes. The move comes after backlash over the chatbot fulfilling requests to digitally alter images of individuals by undressing them without consent, according to BBC. Grok now informs users attempting […]

Finance

FG allocates N1.8tn from 2026 budget for unpaid contractors

The Federal Government has made provisions to settle outstanding debts owed to contractors for capital projects executed in 2024, earmarking N1.7tn for the purpose in the proposed 2026 Appropriation Bill. A detailed breakdown of the 2026 national budget shows that the allocation is listed under a specific line item titled Provision for 2024 Outstanding Contractor’s […]

News

Nigeria, US boost security cooperation with helicopter deal

Officers of the Nigerian Air Force have engaged senior officials of the United States Government and representatives of Bell Textron as part of efforts to fast-track the acquisition of 12 AH-1Z attack helicopters aimed at strengthening Nigeria’s counterterrorism and internal security operations nationwide. The engagement took place during a Programme Management Review meeting led by […]

Aviation

Turkish airlines cancels Tehran flights amid Iran protests

Turkish Airlines has cancelled all five of its scheduled Friday flights to Tehran, the Iranian capital, amid widespread protests triggered by rising living costs, according to information obtained from the Istanbul Airport application. The airport application also indicated that five additional flights operated by Iranian airlines were cancelled, while seven other flights to Tehran remained […]

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