Blog

featured

Inflation: MPC expected to slash rates

Analysts expect the Central Bank of Nigeria’s Monetary Policy Committee to continue its recently adopted dovish posture when it concludes its two-day meeting today (Tuesday, 25 November 2025), with most forecasts pointing to an interest-rate cut of 25–100 basis points. The committee broke a long hawkish spell in September 2025 by reducing the Monetary Policy […]

Meta offered $100m bonuses to lure OpenAI staff, Altman alleges
Tech

Apple cuts sales jobs amid enterprise restructuring

A United States federal judge has temporarily barred OpenAI from using the word “cameo” (or similar terms like “Kameo” or “CameoVideo”) to describe any feature in its Sora text-to-video app for at least one month. On Monday, U.S. District Judge Eumi K. Lee issued the temporary restraining order in response to a trademark-infringement lawsuit filed […]

Tech

Apple cuts sales jobs amid enterprise restructuring

Apple Inc. has cut dozens of sales jobs as it restructures its teams serving enterprise, education, and government clients. This was disclosed in a statement by Apple on Monday, according to Bloomberg, citing sources familiar with the matter. The layoffs, which affected employees across multiple sales divisions, were communicated over the past two weeks, according […]

Tech

Starliner to make uncrewed cargo test after thruster troubles

Boeing and NASA have decided to fly the next Starliner mission without astronauts on board, opting instead for an uncrewed cargo flight to demonstrate that the spacecraft is safe and reliable. The decision, announced on Monday, comes eight months after NASA’s two veteran test pilots, Butch Wilmore and Suni Williams, were forced to return home […]

Oil and Gas

How naira float drove NNPC to N5.4tr profit in 2024 — Ojulari

The Nigerian National Petroleum Company Limited recorded a substantial Profit After Tax of ₦5.4 trillion on a total revenue of ₦45.1 trillion in its 2024 financial operations. This significant financial boost was attributed primarily to the Central Bank of Nigeria’s decision to float the local currency in 2023. These figures were disclosed by the NNPCL’s […]

Child labor: Court dismisses US tech corps' lawsuit in cobalt mines
Electricity featured

Court reverses N5.3bn tax verdict against Abuja disco

The Federal High Court, Abuja, on Monday, reversed the judgment of the Tax Appeal Tribunal which had directed the Abuja Electricity Distribution Plc to pay the Federal Inland Revenue Service a total of N5,314,665,952 in Value Added Tax and Withholding Tax liabilities dating back to 2013. Justice Umar Mohammed reversed the earlier verdict and ordered […]

Livestock sector can generate N33trn annually - FG
Business

FG targets $74bn livestock sector growth in five years

The Federal Government on Monday announced its efforts to transform the livestock sector into a $74 billion industry within five years. This major objective falls under the National Livestock Growth Acceleration Strategy, to be executed through the Federal Ministry of Livestock Development. This disclosure was made by the Minister of Livestock Development, Idi Maiha, in […]

A poultry farm with many birds
Business

Yuletide: Lagos residents assured of poultry price drop

The Poultry Association of Nigeria, Lagos state Chapter, has offered an assurance to residents regarding a potential drop in the price of poultry produce. This anticipated reduction follows the intervention of the Lagos State Government’s ‘Ounje Eko’ phase 2 farmers subsidy programme. Mr. Foluso Adams, who serves as the PAN Vice President and Chairman of […]

featured Tech

‘I was dismissed without hearing,’ Paystack co-founder decries termination

Paystack has dismissed its co-founder and Chief Technology Officer, Ezra Olubi, just days after suspending him over resurfaced allegations of sexual misconduct. The termination, disclosed by Olubi himself on Saturday, November 22, 2025, marks a swift and decisive response from the company’s leadership amid mounting scrutiny on social media. The decision follows Paystack’s Board of […]

Seven banks paid N392.53bn in taxes in first half of 2024
Business

FG stops pioneer status applications for new tax scheme

The Federal Government has officially stopped receiving applications for the Pioneer Status Incentive, effective November 10, 2025. This cessation means that corporate organizations will no longer be able to enjoy the initial three-year tax-free incentives for new businesses under the existing scheme. The Nigerian Investment Promotion Commission stated that this step is part of the […]

News

FCTA schedules promotion exams for over 8,000 workers

More than 8,000 Civil Servants working in the Federal Capital Territory Administration are scheduled to sit for promotion examinations this week. The promotion examinations are set to take place over five days, beginning on Tuesday, November 25, and concluding on Saturday, November 29, 2025. The venue for the exercise is the National Open University Study […]