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Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran

  • 7th August 2026

Manufacturers’ confidence rebounded in Q2 despite operating challenges

  • 7th August 2026

Firms expect borrowing costs to ease in coming

  • 7th August 2026

FG unveils Tinubu Light Initiative for one million

  • 6th August 2026

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Firms, households expect inflation pressures to ease further —

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Trump signs new executive order banning birth tourism

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Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran war

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Dangote Refinery remains Europe’s top jet fuel supplier

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Aviation

FAAN to restructure workforce in ‘Right-Placement’ initiative

The Federal Airports Authority of Nigeria has announced a reorganization plan that may affect some employees. The initiative, described as a “right-placement” exercise, was disclosed in a statement on Sunday. The move is understood to be an intervention in long-standing internal grievances among staff, which stem from alleged unfair placement practices by a previous administration. […]

Business

Poor ports infrastructure costs Nigeria N20bn daily – Agbakoba

Poor infrastructure and chronic inefficiencies at Nigerian ports are costing the country an estimated N20 billion daily. This is according to a report by Senior Advocate of Nigeria Olisa Agbakoba, citing a study by Dutch consultancy Dynanmar. In the report, Agbakoba notes that while 80 per cent of containers in West and Central Africa are […]

Helth

UCH resident doctors end one-month strike

Resident doctors working at the University College Hospital in Ibadan have officially resumed work following the conclusion of a month-long nationwide strike. The doctors had initially embarked on the strike action beginning November 1, acting on the directives issued by the Nigerian Association of Resident Doctors. NARD had instructed its members across the nation to […]

Nigerian banks lose N9.5bn to e-fraud so far in 2023
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FG to fine, shut banks over terrorism financing – Bwala

The Federal Government has issued a stern warning to Nigerian banks, financial institutions, and accounting firms, vowing to prosecute leaders and impose severe penalties, including heavy fines or closure, on any found complicit in terrorism financing. This was disclosed by President Bola Tinubu’s Special Adviser on Media and Public Communication, Daniel Bwala, in an interview […]

Tech

India orders Apple, Samsung to preload state-owned cyber safety app

India’s telecom ministry has quietly directed smartphone manufacturers to pre-install a non-removable, state-run cybersecurity app on all new devices, according to a government order — a step that could spark pushback from Apple and digital-privacy advocates. The country, home to over 1.2 billion mobile subscribers, says the app launched in January has already helped track […]

Bitcoin drops to $60,000 amid escalating Iran-Israel tensions
Crypto

Bitcoin falls to $86,553 as crypto sell-off hits market

Bitcoin and Ethereum declined on Monday as the broader crypto sell-off picked up again. Bitcoin plunged about 5.3 per cent to roughly $86,553 as of 8:18 a.m. in London on Monday, while Ethereum slid 6.4 per cent in early trading to $2,836. Solana dropped more than seven per cent to around $127, while other major […]

100 Airbus employees fall sick after company's Christmas party
Aviation

Airbus updates many A320 jets after software crisis

Airbus SE announced on Monday that it has successfully updated the “vast majority” of the approximately 6,000 A320-family jets affected by a recently identified software issue, moving swiftly to prevent significant operational fallout from its largest-ever recall. The European plane maker’s action stems from an Alert Operators Transmission issued on November 28, which called for […]

featured Finance

TIN mandatory for business not personal accounts – Oyedele

Tax Identification Numbers are not required for strictly personal bank accounts under Nigeria’s new tax reforms; they become mandatory only if the account is used for business transactions, the Presidential Committee on Fiscal Policy and Tax Reforms has clarified. Chairman of the tax reforms committee, Taiwo Oyedele, who made this known, advised bank customers to […]

New SEC regulation to enhance transparency in bank recapitalization
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SEC partners EFCC, police to prosecute ponzi scheme promoters

The Securities and Exchange Commission has vowed to intensify collaboration with law enforcement and prosecutorial agencies to track down and prosecute promoters of Ponzi schemes, as Nigeria steps up enforcement under the Investments and Securities Act 2025. This commitment signals a renewed push to combat illegal investment fraud across the country. Mr. John Achile, the […]

Business

OPEC+ maintains plans to stop output hikes in 2026

Saudi Arabia and its OPEC+ allies have confirmed they will maintain their current oil output levels for the next three months. The decision, finalized in meetings on Sunday, is a response to signs of a growing surplus and expectations of weaker seasonal demand, according to Bloomberg. OPEC+ also approved a framework for reviewing each member’s […]

featured

US pledges $150m to expand medical drone network in Nigeria, others

The United States is investing $150 million in Zipline, the world’s largest drone delivery service, to expand its healthcare operations in five African nations: Rwanda, Ghana, Nigeria, Kenya, and Côte d’Ivoire. This marks one of the first major global health aid commitments following a period of frozen foreign assistance and a strategic shift toward an […]

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