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Nigeria named 5th best English-speaking African country

Nigeria has been ranked as the fifth best English-speaking country in Africa and 29th globally in the 2025 English Proficiency Index released by international education organisation, Education First. The ranking was published in the 2025 edition of the EF English Proficiency Index, which evaluated adult English language proficiency across 123 countries and regions worldwide. Education […]

Business

UK bans junk food ads to fight childhood obesity

The United Kingdom on Monday introduced a nationwide ban on junk food advertising on TV and online, aiming to combat rising childhood obesity. Under the new regulations, foods and drinks high in fat, salt, and sugar (HFSS) are prohibited from being advertised on television before 9 p.m. and from being promoted through paid online ads […]

Cut corporate tax to 7.5%, NACCIMA urges Tinubu
featured Oil and Gas

Tinubu nominates Magnus Abe as NUPRC board chairman

President Bola Tinubu has nominated former Rivers South-East Senator Magnus Abe as chairman of the Nigerian Upstream Petroleum Regulatory Commission and forwarded his name alongside 20 other nominees to the Senate for confirmation to serve on the boards of the country’s two major petroleum regulatory agencies. In separate letters transmitted to the Senate on Monday, […]

Private power supply costs N750/kWh, says Minister Adelabu
Electricity featured

‘Missing N128bn’ power funds occurred before my tenure – Adelabu

The Minister of Power, Adebayo Adelabu, has rejected claims that more than N128 billion went missing under his leadership, stating that the funds in question were allegedly lost before he assumed office. Adelabu made this clarification on Monday following a call by the Socio-Economic Rights and Accountability Project for an investigation into the Ministry of […]

Opinion

CITAB urges FG to invest tax revenue in disabilities

The Centre for Infrastructural and Technological Advancement for the Blind has urged the Federal Government of Nigeria to invest a significant portion of tax revenue into the disability community across the country. The organisation said the investment should cover Nigerians living with visual, hearing, mobility, cognitive and psychosocial disabilities. The call comes as new tax […]

Bitcoin drops to $60,000 amid escalating Iran-Israel tensions
Crypto

Bitcoin hits three-week high after US captures Maduro 

Bitcoin climbed to a three-week high in early Asian trading, amid lingering political uncertainty following the US-led ouster of Venezuela’s President Nicolás Maduro over the weekend. The world’s largest cryptocurrency rose as much as 2.3 per cent to US$93,323 on Monday (Jan. 5) morning, marking its highest level since Dec. 11. Ether and other major […]

First Bank lays off 100 senior staff in restructuring move
Conferences

FirstBank to host annual economic outlook on Tuesday

FirstBank has announced plans to host its annual economic outlook event for 2026. The bank disclosed in a statement that the Nigeria Economic Outlook 2026 will hold on Tuesday. According to the statement, the event will be held under the theme “The Great Calibration: Mastering Resilience in an Era of Asynchronous Growth.” The PUNCH reported […]

Business

Flutterwave acquires Mono in $25m–$40m all-stock deal

Flutterwave, Africa’s largest fintech firm, has acquired Nigerian open-banking startup Mono in an all-stock deal valued at between $25 million and $40 million. The acquisition unites two key fintech infrastructure players as Flutterwave moves to bolster its payments ecosystem with open-banking, data and identity capabilities. Mono will continue operating as an independent product, with its […]

Netflix unveils first use of generative AI in original series
Tech

Vietnam orders Netflix to remove Chinese series showing disputed sea map

Vietnam has instructed Netflix to remove the Chinese TV series Shine On Me from its platform in the country due to scenes showing a map used by Beijing to assert disputed claims in the South China Sea. “The inspection found scenes showing the ‘nine-dash line’ map, which misrepresents and violates Vietnam’s national sovereignty,” the Department […]

FG considers removal of 7% import surcharge
Opinion

Tinubu’s reforms stabilising economy, says ex-Ondo speaker

A former Speaker of the Ondo State House of Assembly, Victor Olabimtan, has commended President Bola Tinubu for what he described as courageous and far-reaching economic reforms introduced by his administration. Olabimtan made the remark on Sunday while assessing the President’s performance in key sectors considered critical to his re-election prospects. He stated that most […]

MAN calls for regulations to protect manufacturers, consumers
Business

MAN raises the alarm over sharp decline in manufacturing output

The Manufacturers Association of Nigeria has stated that the country’s manufacturing sector is grappling with severe macroeconomic pressures, leading to a sharp decline in its contribution to the national economy. According to the association, manufacturing’s share of the economy has fallen dramatically from 29.9 percent in 1981 to just 8.2 percent in 2024, underscoring the […]

Samsung reports profit amid AI-driven chip demand
Tech

Samsung launches world’s first 130-inch micro RGB TV

Samsung Electronics has unveiled the world’s first 130-inch Micro RGB TV at CES 2026, introducing its largest Micro RGB display yet as it seeks to reinforce its leadership in the global TV market amid intensifying competition. “Micro RGB represents the peak of our picture quality innovation, and the new 130-inch model takes that vision even […]