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Ogun cargo airport to employ 25000 youths on completion - Dapo Abiodun

Mamuda Beverages invests $50m in new industrial facility

  • 14th May 2025

Nigeria ships first Obodo crude blend, says NUPRC

  • 14th May 2025
UK expands work visa sponsors for Nigerians

UK unveils major visa overhaul to cut legal

  • 11th May 2025

BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

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The Economic and Financial Crimes Commission has removed Elie Bitar, a foreign national, from its wanted list following new developments in the ongoing investigation into the Crypto Bridge Exchange fraud case.

CBEX: EFCC removes foreign national Elie Bitar from wanted

News

Boeing strikes record $96b deal with Qatar Airways

Business

NIMC cuts extortion, corruption by 40% – DG

News
Airtel Africa begins $100m share buy-back

Airtel Africa begins second round of $100m share buy-back

Tech

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News

CBEX, other unregistered platforms are illegal, SEC warns Nigerians

The Securities and Exchange Commission of Nigeria has clarified its stance on CBEX, a digital asset trading platform, stating that any such platform operating without registration is illegal. This statement follows user complaints and rumors that CBEX and similar platforms may have been shut down after users were unable to access or withdraw their funds […]

Saudi Arabia, Russia lead OPEC in extending oil cuts
News

OPEC trims oil demand as US tariff tensions rattle global market

The Organization of the Petroleum Exporting Countries has slightly lowered its forecast for global oil demand growth in 2025, citing rising economic uncertainties triggered by recent United States trade actions. In its April Monthly Oil Market Report, OPEC revised its 2025 demand growth estimate down to 1.3 million barrels per day, a 100,000 bpd drop […]

Trump freezes $2bn in Harvard funding over antisemitism measures
News

Trump freezes $2bn in Harvard funding over antisemitism measures

President Donald Trump has ordered a freeze on more than $2 billion in federal funding allocated to Harvard University after the institution refused to comply with a set of demands from the White House aimed at combating antisemitism on campus. The White House outlined the measures as part of a broader effort to address rising […]

Adobe to launch Photoshop for mobile users
Tech

Adobe invests in Synthesia, startup behind AI clones for corporate videos

Adobe has invested in Synthesia, a British AI startup, betting on the potential of AI to transform video production. Synthesia stated that Adobe’s venture capital arm invested an undisclosed amount into the startup as part of a “strategic” partnership, without providing further details on the financial and commercial terms, according to CNBC. Synthesia, which claims […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Banking

CBN warns banks against sourcing capital from illicit channels

The Central Bank of Nigeria has cautioned deposit money banks against sourcing capital from illicit channels as part of the ongoing recapitalization process. The apex bank stated that this measure is essential to maintain financial system stability and ensure the banking sector remains robust enough to support the country’s $1 trillion economic target. At the […]

Business

Nigeria’s export potential hindered by poor product quality – CBN

The Central Bank of Nigeria has identified poor product quality, substandard packaging, and weak branding as key challenges hindering the country’s ability to fully tap into its export potential, particularly in the non-oil sectors. This was disclosed at the Bankers Committee Town Hall, which the CBN organised in collaboration with the Bankers Committee on Monday […]

Aviation

FG, Trinidad and Tobago sign bilateral air services agreement

The Minister of Aviation and Aerospace Development, Festus Keyamo, and Trinidad and Tobago’s Minister of Works and Transport, Rohan Sinanan, have signed a Bilateral Air Services Agreement In a significant step to boost air connectivity between West Africa and the Caribbean. The historic signing ceremony was held at the VIP Lounge of Piarco International Airport […]

[ICYMI] Lagos-Calabar highway: Telcos express concerns over threats to cables
News

Tinubu flags off key section of Lagos-Calabar coastal highway project

President Bola Ahmed Tinubu On Monday launched Section 3A/3B of the 750km Lagos-Calabar Coastal Highway in Awi, Akamkpa Local Government Area, Cross River State. Represented by Governor Bassey Otu, the President highlighted the project’s role as an economic catalyst, a driver of job creation, and a key promoter of both intra- and inter-regional integration. “This […]

Business

Nike expands Chinese presence with new creative Hub in Shanghai 

Nike is launching Icon Studios, a new creative studio in Shanghai, China as part of its continued investment in one of its most important markets. The in-house division will focus on creating content such as digital videos, product photography, and projects for e-commerce, social media, and live streaming, according to recent job listings. In recent […]

Energy

FG vows to end N200bn solar panel imports

The Nigerian Federal Government has reiterated its commitment to ending the importation of photovoltaic solar panels, citing the substantial financial burden this practice imposes on the nation. The Managing Director/Chief Executive Officer of the Rural Electrification Agency, Abba Aliyu, disclosed this on Monday during a roundtable discussion held in Victoria Island between the REA and […]

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FG races to address GenCos’ N4tn debt

The Minister of Power has pledged to tackle the N4 trillion electricity debt owed to Generation Companies, following threats of a shutdown by electricity Distribution Companies on Monday. In response, the Minister’s Special Adviser, Bolaji Tunji, confirmed that the government is fully aware of the issue and is taking concrete steps to address it. Tunji […]

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