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

Anambra, SMEDAN pledge N1bn to boost SMEs growth
News

Anambra gov proposes bill to eliminate multiple taxation, illegal levies

Governor Chukwuma Soludo has proposed a significant piece of legislation aimed at eradicating the pervasive issues of multiple taxation and illegal levies within Anambra State. This bill, officially titled the “Anambra State Taxes, Levies and Presumptive Tax Collection 2025,” has successfully passed its second reading in the state House of Assembly. A key provision within […]

Oil and Gas

Nigeria launches Africa’s first gas market

The Federal Government of Nigeria officially launched Africa’s first gas trading market on a Thursday, marking a major step towards fully utilizing the country’s vast 209 trillion cubic feet of gas reserves. The launch took place at an event held in Abuja, according to Vanguard. The Nigerian Midstream and Downstream Petroleum Regulatory Authority and the […]

Microsoft sharepoint cyberattack hits 400 victims - Researchers
Tech

Microsoft reveals commitment to safe, human-focused AI

Microsoft’s consumer AI chief, Mustafa Suleyman, says he is committed to building a superintelligence “aligned with human interests” and vowed to stop the effort entirely if it ever becomes a threat to humanity. “We won’t continue to develop a system that has the potential to run away from us,” Suleyman said in an interview on […]

OpenAI unveils GPT-5 amid rising industry investment
Tech

OpenAI unveils GPT-5.2 to challenge Google’s new Gemini 3

OpenAI has unveiled GPT-5.2 model, its accelerated response to Google’s powerful new Gemini 3 model. The company says the flagship release is “the most capable model series yet for professional knowledge work.” OpenAI CEO Sam Altman described it as “the smartest generally available model in the world,” pointing to benchmarks showing it outperforming Gemini 3 […]

featured Finance

Tinubu sends 2026-2028 MTEF to Senate for approval

President Bola Tinubu has transmitted the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper to the Senate for its consideration and subsequent approval. This submission is a crucial step that precedes the presentation of the annual budget, as it is designed to establish the fiscal parameters that will govern the nation’s finances for the […]

Aviation

Soludo reaffirms commitment to Anambra aviation upgrade

Governor Chukwuma Charles Soludo of Anambra State has reaffirmed his administration’s commitment to enhancing the aviation landscape of the state through continuous improvement of the state’s aviation infrastructure. This commitment is central to a broader, multi-phased plan designed to upgrade existing facilities, streamline the overall passenger experience, and successfully attract increased regional and international air […]

Finance

Naira stability sparks 50% rise in ship calls, trade volumes

The Shipping Association of Nigeria has stated that the improved stability of the naira throughout 2025 has significantly energized commercial activities across Nigeria’s maritime and logistics corridors, which has resulted in more predictable operations for the shipping industry and its stakeholders. The Chairman of the association, Boma Alabi, Senior Advocate of Nigeria, discussed the development […]

Naira closes week stronger at N1,534.72/$ 
featured Finance

Naira stabilises at ₦1,451 as official, parallel markets gap narrows

The exchange rate between the Naira and the United States Dollar remained relatively stable across major foreign exchange windows today, Thursday, December 11, 2025, while the gap separating the official and parallel markets continues to narrow, signaling improved market dynamics. According to data sourced from the FMDQ Securities Exchange, the Naira is trading at approximately […]

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Nigeria’s pension assets hit N26.66tr

The total pension fund assets under Nigeria’s Contributory Pension Scheme recorded a 2.2 per cent month-on-month increase in October 2025 with the total value rising to N26.66 trillion, up from N26.09 trillion reported in September 2025. The National Pension Commission released this data on Wednesday in its unaudited report on the pension funds industry portfolio […]

Oil and Gas

Petrol supply jumps 37.7% as refineries remain shut — NMDPRA

Domestic supply of Premium Motor Spirit, which is widely known as petrol, recorded a significant increase in November 2025, according to data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority. It indicated that the daily supply rose by 37.7 per cent to 23.52 million litres, up from 17.08 million litres per day recorded […]

Australia fines Google $36m over anticompetitive search engine deals
Business

Google DeepMind to open first automated AI research lab in UK

Google DeepMind, the AI division of the tech giant, announced plans to launch its first “automated research lab” in the United Kingdom, alongside a partnership that could see its latest AI models deployed in the country. Scheduled to open next year, the lab will use AI and robotics to conduct experiments, focusing on developing advanced […]

Business

Afreximbank urges Africa to raise factoring market to €240bn for SMEs

Afreximbank has stated that Africa needs to increase its factoring volumes to at least €240 billion to support the growth of small and medium-sized enterprises. This was disclosed in a statement by the Executive Vice President for Intra-African Trade and Export Development at Afreximbank and a member of the FCI Executive Committee, Mrs. Kanayo Awani, […]

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