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

Aviation

Senate summons Keyamo, stakeholders over 150% domestic airfare hike

The Senate has summoned the Minister of Aviation, Festus Keyamo, along with key industry stakeholders, for an urgent meeting following widespread public concern over the sharp rise in domestic airfares. The resolution followed a motion raised by Senator Buhari Abdulfatai, who warned that the escalating prices threaten national mobility and could disrupt travel ahead of […]

Upgrade of transportation infrastructure would boost trade - Analysts
Transportation

NRC appeals for patience amid Abuja-Kaduna train service disruption

The Nigerian Railway Corporation has appealed to passengers using the Abuja–Kaduna train service to remain patient, describing the current disruption on the route as temporary. The Managing Director of the Corporation, Dr. Kayode Opeifa, made the appeal in a statement issued on Tuesday, following public concerns over the reduced frequency of train services on the […]

Microsoft sharepoint cyberattack hits 400 victims - Researchers
Tech

Microsoft to invest $17.5bn in India for AI capacity expansion

Global technology giant Microsoft on Tuesday unveiled plans to invest $17.5 billion to expand India’s artificial intelligence infrastructure. This was disclosed by Microsoft’s CEO, Satya Nadella, describing it as “our largest investment ever in Asia.” The announcement adds to a wave of major commitments from global companies this year, as India, expected to surpass 900 […]

Finance

FG rolls over 70% of 2025 capital budget to 2026

The Federal Government has directed ministries, departments and agencies to carry over 70 per cent of their 2025 capital allocations into the 2026 fiscal year, as the administration prioritises completing ongoing projects amid weak revenues and rising fiscal pressures. The directive is contained in the 2026 Abridged Budget Call Circular issued by the Ministry of […]

US seizes servers, $1M in Bitcoin from Russian ransomware gang
Crypto featured

Bitcoin holds above $90,000 ahead US Fed cut decision

Bitcoin held above the $90,000 mark on Tuesday as traders across global markets shifted into defensive positions ahead of Wednesday’s Federal Reserve decision, keeping liquidity thin and sentiment cautious after one of the crypto sector’s steepest monthly downturns since 2018. The flagship cryptocurrency traded around $90,300 to $90,400 in midday dealing, rising about one percent […]

Air cargo demand rises by 18.4% January - IATA
Aviation

Global aircraft delivery shortfall hits 5,300 units — IATA

The International Air Transport Association has announced that aircraft delivery shortfalls have hit 5,300 units. This substantial deficit, stemming from accumulated losses in deliveries over the past five years and a record-high order backlog, is projected to sustain pressure on the industry until 2034. IATA’s 2025 analysis of aerospace supply chain bottlenecks revealed that the […]

featured Telecommunications

Glo apologises for nationwide data service outage

Telecommunications provider Glo has apologised to its customers following a nationwide data service disruption that began on the morning of Tuesday, December 9, 2025. In a statement released by the company, Glo confirmed that the outage, which started at 8:30 a.m., affected multiple locations across the country. “Earlier today, a data service outage occurred nationwide, […]

featured Finance

FG borrows N4.72tr via treasury bills Q4 2025

The Central Bank of Nigeria has issued Treasury Bills to raise N4.72 trillion in the fourth quarter of 2025. According to BusinessDay, this action is part of the Federal Government’s borrowing plan for the 2025 budget. This figure represents a 168 percent quarter-on-quarter increase when compared to N1.76 trillion sold in Q3’25. The CBN disclosed […]

Finance

CBN licenses 82 BDCs to operate in FX market

The Central Bank of Nigeria on Monday announced that it has granted 82 Bureau De Changes final licenses to operate in the foreign exchange market. The CBN disclosed this in a statement signed by its Acting Director Corporate Communication, Dr. Sidi-Ali Hakama. The apex bank warned the public against dealing with unlicensed foreign exchange operators. […]

Australian court rules Apple, Google abused market power
Tech

Google faces EU probe over use of online content for AI

The European Union on Tuesday launched an antitrust investigation into Google over its use of online content for AI, the latest move in the bloc’s ongoing efforts to regulate United States tech giants. The European Commission said it is examining whether Google violated EU competition rules by leveraging content from web publishers and videos uploaded […]

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