Business

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

Business

Dangote Refinery remains Europe’s top jet fuel supplier

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CBN orders immediate withdrawal of non-compliant financial adverts

The Central Bank of Nigeria has ordered all financial institutions to immediately remove any non-compliant advertising and promotional materials that violate consumer-protection and fair-marketing regulations. The directive was issued in a November 27, 2025 circular, signed by Olubunmi Ayodele-Oni for the Director of the CBN’s Compliance Department. The CBN’s decision follows an industry review that […]

New SEC regulation to enhance transparency in bank recapitalization
Business

SEC orders full compliance for all operators January

The Securities and Exchange Commission has mandated all Capital Market Operators to achieve full compliance with the Investments and Securities Act 2025 by January 2026. The directive requires operators to formally declare their compliance status and ensure all tradable instruments under their management are properly registered. SEC Director-General Emomotimi Agama announced the deadline at the […]

News

Expert demands central crash database to curb road accident crises

Expert called for a national crash database to combat Nigeria’s high rate of road accidents. In a statement, Transportation researcher Mujeeb Abdulrazaq warned that Nigeria’s fragmented crash data undermines road safety efforts. He said that without more accurate and coordinated data, effective policy-making is impossible. “To address the challenge, there is an urgent need for […]

Nigeria’s non-oil exports rise to $1.79bn in Q1 2025 – NEPC
Business

TTP discloses N4.2bn investment in port e-call up system

The management of Truck Transit Park Limited has revealed an investment of between N3.8 billion and N4.2 billion in its electronic call-up system since its launch in 2021. The company’s Co-Founder and CEO, Jama Onwubuariri, disclosed this figure during a leadership session with journalists in Lagos on Thursday. At the event themed ‘From Gridlock to […]

News

Bauchi gov presents N878.1bn budget to assembly

Bauchi State Governor, Bala Mohammed, on Thursday, presented the 2026 Appropriation Bill estimated at N878.1bn to the State House of Assembly during a special session held at the International Conference Centre, Bauchi. Tagged “Budget of Consolidation and Sustainability,” the governor said the proposal reflects his administration’s commitment to inclusive governance, long-term planning and strategic investments […]

OpenAI employees consider selling $6bn stock
Tech

OpenAI alerts users of potential data breach after Mixpanel hack

OpenAI has disclosed a potential data exposure affecting its API platform users, stemming from a security incident at its third-party analytics vendor, Mixpanel. In a blog post, OpenAI explained that a hacker breached Mixpanel’s systems and exported a dataset, which included identifiable information such as user and organization IDs. The AI company stated that the […]

Oil and Gas

OPEC+ to ratify 2026 production pause in Sunday meeting

Delegates report that OPEC+ is expected to formally ratify its existing plan to pause oil production increases in early 2026 during its online meeting this Sunday. The gathering is anticipated to be straightforward, simply confirming the policy agreed upon earlier this month. Saudi Arabia and its partners chose to pause their series of production hikes […]

Business

W’ Bank urges FG slash import tariffs to curb soaring inflation

The World Bank has urged Nigeria to swiftly cut high import tariffs and lift specific bans as an emergency measure to combat soaring prices and rising poverty. World Bank’s Country Director, Mathew Verghis, made this disclosure in an interview with Arise TV on Thursday. Verghis warned that dangerously high inflation is relentlessly eroding the purchasing […]

Business

18 Insurers join NAICOM as recapitalisation effort gains momentum

The National Insurance Commission has reported a positive initial response to its recapitalization drive, with 18 insurance companies formally indicating their readiness to proceed with capital verification. The CEO Olusegun Omosehin, speaking at the EY Insurance Summit 2025, described the industry’s engagement in the process as encouraging. “Let me say that the industry’s response has […]

Economy

Nigeria, Sierra Leone seal MoUs to boost W’Africa digital economy

Nigeria has enhanced its regional digital cooperation after the Honourable Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, led a high-level delegation to Sierra Leone for the Nigeria–Sierra Leone Digital Economy Bilateral Trade Mission. The mission resulted in the sealing of multiple Memoranda of Understanding intended to boost innovation, cybersecurity, and cross-border digital […]

Tech

Apple sues Indian antitrust body over $38bn penalty threat

Apple is challenging India’s antitrust authority in the Delhi High Court over its method for calculating penalties. The company argues that the Competition Commission of India’s practice of basing fines on a company’s global turnover is “unconstitutional and disproportionate.” This legal stance could expose Apple to potential fines of up to $38 billion in India, […]

Crypto

Court dismisses Binance executive’s detention compensation suit

The Federal High Court has dismissed a lawsuit by Tigran Gambaryan, a former Binance executive, who sought compensation for his prolonged detention in the country. Justice Umar Mohammed held that the court could not use the claim of unlawful detention to intervene in the state’s prosecutorial powers concerning its investigation into Binance for alleged financial […]

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