Business

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

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

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FUTA workers protest alleged non-payment of allowances

News

Five countries that recently changed, redenominated their currencies

featured Finance

SEC launches campaign to help Nigerians recover unclaimed dividends

Investment

FG optimistic Nigeria NOW! Expo will boost mining investments

Investment

Blog

Grieving widow sues Tesla over defective car model
Tech

Tesla dethroned as world’s best-selling EV maker

Tesla has been dethroned as the world’s top-selling electric vehicle maker. The US automaker endured a challenging year, marked by concerns over CEO Elon Musk’s political engagements and intensifying competition abroad, which drove sales lower for a second consecutive year. Tesla said it delivered 1.64 million vehicles in 2025, down 9 per cent from the […]

Opinion

Peter Obi slams tax policies, warns against burdening poor Nigerians

Former Labour Party presidential candidate, Peter Obi, has criticised Nigeria’s current tax policies, warning that national prosperity cannot be achieved by imposing heavier financial burdens on the poor. In a statement posted on his X handle on Friday, Obi said “prosperity cannot come by taxing poverty,” adding that nations which have achieved lasting economic and […]

Equity investors lose N1.5tn as bond yield rises
Business

Private sector growth hit 13-month high in December 2025

Nigeria’s private sector closed 2025 solidly in expansion territory as increased festive season demand pushed business activity to a 13-month high, according to the latest Stanbic IBTC Purchasing Managers’ Index. The headline PMI stood at 53.5 in December, slightly lower than the 53.6 recorded in November, but remained firmly above the 50.0 benchmark that separates […]

Economy

NGX opens 2026 strong as market nears N100trn

Nigeria’s equities market began the year 2026 on a positive footing, with market capitalisation edging closer to the N100 trillion milestone. The NGX All-Share Index rose by 0.57 percent on Friday, the first trading day of January 2026, gaining 879.40 points to close at 156,492.40. Market capitalisation also advanced during the session, rising to N99.9 […]

Domestic airfares increased by 95% in 12 months – NBS
Aviation

NANTA seeks audit as domestic airfares hit record highs

As domestic airfares climb to unprecedented levels during the festive season, the President of the National Association of Nigeria Travel Agencies, Yinka Folami, has called for an urgent and professional audit of airline ticket pricing to protect Nigerian travellers from arbitrary costs. Folami made the call while speaking on Mainland FM, where he addressed widespread […]

MultiChoice denies DStv, GOtv subscription prices claims
Business

MultiChoice to continue offering 12 WBD channels across Africa

MultiChoice, a CANAL+ subsidiary, has secured continued rights to distribute 12 Warner Bros. Discovery thematic channels under a new multi-year, multi-territory deal between CANAL+ Group and Warner Bros. Discovery. In a statement on Friday, MultiChoice said the agreement covers several markets across Africa and Europe and also includes the distribution of HBO Max, alongside the […]

Banking

Fidelity Bank appoints Amaka Onwughalu as new board chairman

Fidelity Bank Plc has announced a change in its board leadership following the completion of the tenure of its Chairman, Mr. Mustafa Chike-Obi. Mrs. Amaka Onwughalu has been appointed as the new Board Chairman, effective January 1, 2026. The bank disclosed this development in a notice signed by its Company Secretary, Ezinwa Unuigboje, addressed to […]

Business

FG reaffirms commitment to reviving Nigeria’s steel industry

The Federal Government has reaffirmed its determination to unlock the enormous potential of Nigeria’s steel resources as a catalyst for inclusive and sustainable national development. The Minister of Steel Development, Prince Shuaibu Audu, restated the commitment in his New Year message to Nigerians on Thursday in Abuja. Audu said the ministry remains committed to working […]

featured Policy and Regulations

NASS releases certified true copies of new tax laws

The implementation of Nigeria’s newly enacted tax laws commenced on Thursday, as the National Assembly directed the release of Certified True Copies of the harmonised tax bills passed by lawmakers and subsequently signed into law by President Bola Ahmed Tinubu. The move, according to the Clerk to the National Assembly, Kamoru Ogunlana, is aimed at […]

Oil and Gas

Agbese hails Tinubu, Ojulari over historic NNPCL debt relief

The Deputy Spokesperson of the House of Representatives, Hon. Philip Agbese, has commended President Bola Tinubu for approving the cancellation of huge legacy debts owed by the Nigerian National Petroleum Company Limited to the Federation Account, describing the decision as a strong affirmation of the transparent and reform-driven leadership of the NNPCL Group Chief Executive […]

Telecommunications

Starlink to lower satellites in 2026 for safety

Elon Musk-owned Starlink is planning to lower about 4,400 of its satellites from an altitude of roughly 550 kilometres to about 480 kilometres in 2026 as part of a large-scale orbital reconfiguration aimed at improving space safety. The disclosure was made by the Vice President of Starlink Engineering at SpaceX, Michael Nicholls, in a post […]

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