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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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Canada visa wait-time rises for Nigerian applicants — IRCC

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Firms, households expect inflation pressures to ease further —

Economy

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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featured Oil and Gas

FG endorses local modular refinery project in Delta

The Federal Government has endorsed the Ebenco Global Link Limited modular refinery project in Koko, Delta State. The government described the project as a critical milestone in efforts to curb crude oil theft, illegal refining, and chronic supply gaps in Nigeria’s petroleum sector. Ebenco is currently advancing the construction of its 30,000-barrel-per-day modular refinery, which […]

Business

New NEITI boss vows to amend ‘Outdated’ 2007 transparency Act

The newly appointed Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Hon. Musa Sarkin Adar, expressed a commitment to drive a comprehensive amendment of the NEITI Act 2007. He described the law as “outdated and inadequate for today’s governance and compliance demands.” Addressing the management and staff at the agency’s Abuja headquarters, Adar, who […]

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

Naira holds mid-₦1,400s range against dollar

The Nigerian naira traded near the mid-₦1,400s against the United States dollar on Wednesday, November 26. The official Daily Nigerian Foreign Exchange Market, which uses the volume-weighted average price, was quoted around ₦1,452–₦1,456 per $1. Meanwhile, parallel (black-market) dealers quoted the greenback between about ₦1,455 and ₦1,468. Official NFEM data published by the Central Bank […]

Nvidia to become world's most valuable company
Tech

Nvidia claims generational AI chip lead over Google

Nvidia said on Tuesday that its technology maintains a full generational lead over the competition, directly addressing Wall Street’s concerns about potential challenges from Google’s new AI chips. “We’re delighted by Google’s success — they’ve made great advances in AI and we continue to supply to Google,” Nvidia said in a post on X. “NVIDIA […]

Tech

SAP hit with lawsuit over alleged theft of trade secrets

o9 Solutions has filed a lawsuit in the United States District Court for the Northern District of Texas against SAP SE and SAP America, Inc. The complaint alleges that SAP has used stolen o9 trade secrets and confidential documents to develop and market its own Integrated Business Planning supply chain management software and services. o9 […]

FG moves to restrict Binance, other crypto platforms
Crypto

Binance faces lawsuit over alleged terror financing

Families of victims from the October 7th, 2023, Hamas attacks in Israel are suing Binance, alleging the crypto exchange knowingly processed hundreds of millions of dollars for terrorist groups. The lawsuit, filed in a United States court, describes Binance as a deliberately designed “criminal enterprise” and names its founder, Changpeng “CZ” Zhao, who was recently […]

Policy and Regulations

CCB unveils digital platform to boost transparency, curb corruption

The Chairman of the Code of Conduct Bureau, Abdullahi Bello, announced that the agency is nearing the completion of a new digital asset and liability declaration system. This new platform is designed to eliminate bureaucratic delays, significantly boost transparency, and strengthen anti-corruption controls across the public service. Speaking at a validation workshop for the system […]

Jigawa state to set up disaster management trust fund
featured News

Jigawa gov presents N901.8bn budget, prioritises agriculture, security

Jigawa State Governor Umar Namadi officially presented the 2026 budget proposal to the state legislature. This significant event took place on Tuesday at the state House of Assembly complex, located in Dutse, the state capital. The presentation ceremony was a major gathering, attracting a wide array of prominent figures. Those in attendance included top government […]

Housing

FG to unlock $300bn dead capital through land administration

The Minister of Housing and Urban Development, Mr Ahmed Dangiwa, says the Federal Government is set to overhaul its land administration system to unlock an estimated $300 billion in dead capital. The minister said the aim was to boost economic development across the 36 states and the Federal Capital Territory. Dangiwa stated this in Kano […]

Nord Stream gas leak has stopped, says spokesman
Energy

FG harps on energy solutions for Nigeria’s economic advancement

The Federal Government has emphasised that tackling Nigeria’s persistent energy supply challenges is essential to achieving long-term, sustainable national prosperity. Permanent Secretary of the Federal Ministry of Petroleum Resources, Mr. Emeka Vitalis Obi, made this known on Tuesday at the 8th Valuechain Annual Lecture Series in Abuja. According to Vanguard, the event, themed “Growth in […]

Rising food prices threaten inflation gains, CPPE warns
featured Food

Prices of food items dropped in September, says NBS

The National Bureau of Statistics says prices of beans, garri, maize, tomatoes, beef, rice, and other food items witnessed a slight decrease in price in September 2025. The NBS said this in its Selected Food Prices Watch report for September 2025, released in Abuja on Tuesday. The report said that the average price of 1 […]

featured

CBN holds benchmark interest rate at record 27.5%

The Central Bank of Nigeria has paused interest rate hikes, holding the Monetary Policy Rate steady at a record 27 per cent. The bank’s Monetary Policy Committee made the decision to keep all key rates unchanged at its latest meeting in Abuja. The benchmark rate remains high as the CBN aggressively tackles inflation and works […]

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