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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

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Seven accredited tech learning platforms for aspiring professionals

Experts say Silicon Valley prioritizes profits over AI research,

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Oil companies owe Nigeria $6bn in unpaid taxes —

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New SEC regulation to enhance transparency in bank recapitalization
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SEC flags CBEX as unregistered digital exchange

The Securities and Exchange Commission of Nigeria has issued a strong warning against Crypto Bridge Exchange, stating that the platform is not registered or regulated to operate as a digital assets exchange in the country. In a circular released Thursday, the SEC revealed that CBEX, which also goes by names like ST Technologies International Ltd […]

Trump to slash US tariffs on China 'substantially'
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Trump exempts Nigeria from global embassy closure – Report

The United States government, under President Donald Trump, is reportedly set to shut down several embassies and consulates across Africa and other regions, according to a report by CNN. Citing an internal document from the U.S. State Department, the report reveals that about 30 diplomatic missions around the world are slated for closure as part […]

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FG to settle N2tn GenCos debt by December

The Minister of Power, Adebayo Adelabu, has revealed that the federal government plans to pay off N2 trillion out of the N4 trillion owed to power generation companies (GenCos) by the end of the year. The payment will be made through a combination of cash and promissory notes. Adelabu, stated that the N2 trillion to […]

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IMF warns global economy faces slowdown amid rising trade tensions

The head of the International Monetary Fund, Kristalina Georgieva, has cautioned that the global economy is poised to slow down due to escalating trade tensions, particularly those stemming from United States-led protectionist measures. However, she emphasized that a global recession is not anticipated. Speaking on Thursday ahead of next week’s IMF Spring Meetings in Washington, […]

Instagram introduces TikTok-inspired fast-forward feature for Reels
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Instagram launches ‘Blend’ feature to share reels with friends

Instagram has introduced a new feature called Blend, which allows users to create personalized Reels feeds shared with friends. Announced on Thursday, the feature is designed to add a more social, interactive layer to the platform’s short-form video experience. Blend feeds are refreshed daily with curated Reels tailored to the tastes of the members involved. […]

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Shein, Temu raises prices for US shoppers as tariff changes take effect

Fast-fashion giants Shein and Temu have announced plans to raise prices for United States customers starting April 25. The decision comes in response to a new wave of tariffs imposed on Chinese imports under former President Donald Trump’s trade policies. According to the Associated Press, the new measures include a 145% tariff on Chinese-made goods […]

OpenAI CEO teases restructuring amid lawyer, stakeholders negotiations
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OpenAI’s $500bn ‘Stargate’ project eyes global expansion

OpenAI’s massive AI infrastructure initiative, known as Stargate, may soon stretch beyond U.S. borders. The $500 billion project is backed by OpenAI, Oracle, and SoftBank is considering international investments, with potential sites in the U.K., Germany, and France, according to a new report from the Financial Times. Launched earlier this year, Stargate was initially framed […]

Meta to invest $65bn in AI infrastructure, says Zuckerberg
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TikTok poses ‘highly urgent’ threat to Meta – Zuckerberg

Meta CEO Mark Zuckerberg testified Wednesday that TikTok posed a serious threat to the company’s dominance, describing the short-form video app as a “top priority” and “highly urgent” competitive challenge when it emerged in 2018. His remarks came during the first week of the United States Federal Trade Commission’s antitrust trial against Meta, according to […]

Google settles $100m lawsuit over ad pricing disputes
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Google loses antitrust case over monopoly in online ads tools

A United States federal judge has ruled that Google illegally monopolized key sectors of the online advertising technology market, marking a significant antitrust setback for the tech giant. The U.S. Department of Justice, joined by 17 states, has filed an antitrust lawsuit against Google, accusing the company of unlawfully dominating the digital advertising market. The […]

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Petrol price may drop to N800/litre as crude falls

The decline in crude oil prices, combined with the reinstatement of the naira-for-crude swap for local refiners, could drive the pump price of Premium Motor Spirit (petrol) down to around N800 per litre in the coming weeks or months, according to oil marketers and industry analysts. This projection follows another price cut by Dangote Petroleum […]

FG unveils plan to revamp cooperative sector, targets $1trn economy
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FG unveils plan to revamp cooperative sector, targets $1trn economy

The Federal Government has launched a bold initiative aimed at revitalising Nigeria’s cooperative sector, with a long-term goal of positioning it as a key contributor to building a $1 trillion economy within the next decade. Speaking at the flag-off ceremony of a national training workshop for cooperative stakeholders in Enugu, Minister of State for Agriculture […]

Governor Otti urges swift action on Aba-Umuahia-Enugu rail project
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Governor Otti urges swift action on Aba-Umuahia-Enugu rail project

Governor Alex Otti of Abia State has called on the Nigerian Railway Corporation to expedite the rehabilitation of the Aba-Umuahia-Enugu rail corridor, describing the project as crucial to revitalising transportation and boosting economic growth across the South-East. Governor Otti made the appeal on Wednesday during a meeting with a delegation from the NRC, led by […]

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