Business

Firms expect borrowing costs to ease in coming

  • 7th August 2026

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

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Naira holds steady at ₦1,368/$ in official FX market

Finance

Firms expect borrowing costs to ease in coming months

Business featured

Freight agents, Customs clash over Single Window rollout

featured Policy and Regulations

Lagos needs 40,000 more doctors, says Sanwo-Olu

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Blog

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
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NCC links Abuja network outages to diesel supply issues

The Nigerian Communications Commission has attributed recent telecom service disruptions in parts of Abuja to diesel supply challenges affecting key telecommunications infrastructure. In a press statement dated December 12, 2025, the Commission said the supply disruptions limited operators’ ability to power base stations and other critical facilities, resulting in reduced service quality for subscribers. The […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
News

Solid minerals ministry surpasses N50bn 2025 IGR target

The Ministry of Solid Minerals Development has generated over N50 billion in Internally Generated Revenue for 2025, significantly surpassing the N38 billion figure recorded in 2024. The Minister, Mr. Dele Alake, confirmed this notable achievement on Friday while officially unveiling the One-Gov Cloud digitisation project at the Mining Cadastre Office headquarters in Abuja. He explained […]

Aviation

FCCPC launches probe into domestic airline ticket pricing

The Federal Competition and Consumer Protection Commission has announced the commencement of an expanded investigation into the pricing templates used by some airlines, which have led to high ticket rates on certain domestic routes. The primary objective of this investigation is to establish possible violations of the law’s provisions. This information was released in a […]

Finance

NGX investors gain N1.5tr as all-share index appreciates

The NGX All-Share Index and Market Capitalisation demonstrated a notable appreciation this past week, increasing by 1.63 per cent and 1.64 per cent, respectively. The Index closed the week at 149,433.26, while the Market Capitalisation stood at N95.264 trillion. This marks an improvement when compared to the 147,040.08 and N93.722 trillion figures recorded during the […]

UBA begins $6bn project to support African SMEs
Banking

UBA announces retirement of four executive directors

United Bank for Africa Plc has announced that four of its Executive Directors will retire, effective January 1, 2026. This was disclosed in a notice signed by Group Company Secretary Bili Odum and submitted to the Nigerian Exchange on Friday. UBA stated that the retirement follows the completion of their tenure. “United Bank for Africa […]

Abia gov Otti extends tribute eulogizing Herbert Wigwe
Economy featured

Otti partners US gov for Abia’s economic growth

Abia State Governor, Alex Otti, has expressed his readiness to collaborate with the Governor of Delaware, United States, Bethany Hall-Long, focusing on key economic areas to stimulate growth and development within the state. This intention was communicated in a statement released on Saturday by the governor’s Chief Press Secretary, Ukoha Njoku. The statement detailed that […]

Kano State to buy HIV/AIDS kits for N69m
Helth

Kano health insurance scheme enrolment jumps 87%

The Kano State Contributory Healthcare Management Agency announced a significant expansion in health insurance coverage, reporting that enrolment grew from 497,262 lives in 2023 to 933,014 in 2025, an increase of 87.6 per cent within two years. Dr. Rahila Muktar, the Executive Secretary of KSCHMA, shared this achievement during a press briefing held on Friday […]

WhatsApp rolls out voice note transcription feature in India
Tech

WhatsApp introduces updates for calls, chats

WhatsApp is rolling out a series of updates to make staying connected simpler and more engaging, just in time for the holiday season. The enhancements span calls, chats, Status, and Channels, offering a range of subtle but impactful improvements to the way people communicate, even amid the busy festive period. Instead of leaving a traditional […]

featured Finance

Tax reforms: FG won’t debit your account, Oyedele tells Nigerians

Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, moved to quell public anxiety yesterday regarding the ongoing tax reforms. He strongly dismissed trending social media claims that the government intends to deduct money directly from citizens’ bank accounts, calling such warnings “false, dangerous and capable of destabilising the economy.” Speaking […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira rises to N1,477 in parallel market

The Naira today appreciated to N1,477 per dollar in the parallel market. This marks a gain from the N1,480 per dollar rate recorded on Thursday. Conversely, the Naira experienced a slight depreciation in the Nigerian Foreign Exchange Market, where it settled at N1,455.5 per dollar. Data published by the Central Bank of Nigeria showed that […]

NAFDAC cuts licensing fees by 65%
Helth

NAFDAC orders nationwide mop-up of substandard europharm products

The National Agency for Food and Drug Administration and Control has issued an alert to healthcare providers and the general public regarding a nationwide mop-up of products manufactured by EUROPHARM Laboratories in Jos. The agency announced on its X handle on Friday that it initiated enforcement action against Europharm Laboratories, also known as Eurolink Nigeria […]

China denies link to cyberespionage group accused of targeting Singapore
Business

China-Nigeria trade hits $20bn

The Consul General of the People’s Republic of China in Lagos, Yan Yuqing, has disclosed that the China–Nigeria trade volume rose to $20 billion in 2025. Yuqing stated that this significant growth in bilateral relations underscores the necessity for China, specifically through the Ogun–Guangdong Free Trade Zone, to support education. This support was highlighted through […]

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