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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Canada visa wait-time rises for Nigerian applicants — IRCC

Travel

Firms, households expect inflation pressures to ease further —

Economy

Trump signs new executive order banning birth tourism

Travel

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

Business

Blog

Conferences featured

Shettima departs Abuja to represent Tinubu at G20 summit in S’Africa

Vice President Kashim Shettima on Friday departed Abuja to represent President Bola Tinubu at the G20 Leaders’ Summit scheduled to hold in Johannesburg, South Africa. This travel follows a postponement of President Tinubu’s earlier planned trip to Johannesburg, South Africa, due to the need to await further security briefings on the recent security incidents in […]

Conferences

West Africa terrorism threatens survival, ECOWAS tells UN council

The President of the Economic Community of West African States Commission, Omar Touray, delivered a stark warning while briefing the United Nations Security Council at its 10,047th meeting on regional counterterrorism efforts. He cautioned that the rising wave of terrorism across West Africa and the Sahel has reached a level that threatens the very survival […]

Scams

PalmPay begins campaign to eliminate fintech fraud

A Financial Technology Platform, PalmPay Limited, has cautioned its customers across the country to be wary of antics of scammers and fraudsters. The bank’s Managing Director, Chika Nwosu, made the call during a road walk in Kano organized to sensitize the public to protect themselves from fraudulent tactics. Nwosu said the campaign became necessary to […]

Anambra, SMEDAN pledge N1bn to boost SMEs growth
News

Anambra approves N4bn for roads, other projects

The Anambra State Executive Council has approved eleven contracts worth about N4.443 billion for projects in various parts of the state. The Commissioner for Information, Dr. Law Mefor, said that also approved was the sum of N87.168 million as the annual premium for the provision of asset insurance policy coverage for the new Government House […]

Lagos' GDP hits $159bn, becomes Africa's second-largest city economy
News

Lagos raises N245bn for major infrastructure devt projects

Lagos State has successfully raised N244.82 billion through the issuance of green and conventional bonds, with proceeds earmarked for major infrastructure projects across the state. Speaking at the Ministry of Finance and DMO bond signing ceremony in Lagos, Governor Babajide Sanwo-Olu thanked investors for their strong confidence in the state, noting that the issuance is […]

Air cargo demand rises by 18.4% January - IATA
Aviation

Passengers safe after aircraft nose-landing gear fails in Enugu

An aircraft with registration number 5N-BZN, arriving Enugu from Lagos, suffered a nose-landing gear malfunction while landing on Thursday. The Federal Airports Authority of Nigeria, FAAN, stated that the incident occurred at about 19:10hrs, but confirmed that there were no casualties recorded. The Director of Public Affairs and Consumer Protection, Mr Henry Agbebire, noted that […]

Senate moves to increase Custom's 2024 revenue target
News

Customs agents lament billions lost to system glitches

The Association of Nigerian Licensed Customs Agents has expressed deep regret regarding the performance of the B’odogwu unified digital customs management system, stating that the platform is suffering from frequent downtime. Initiated and operated by the Nigeria Customs Service, NCS, the digital system was intended to streamline operations, but agents claim it has instead caused […]

Policy and Regulations

CBN demands deeper fiscal, monetary policy synergy

The Central Bank of Nigeria says its ongoing reform measures are restoring stability to the economy, but stressed the need for deeper coordination between fiscal and monetary authorities to sustain the gains. Speaking at the 2025 Seminar for Finance Correspondents and Business Editors in Abuja, CBN Deputy Governor (Corporate Services), Ms. Emem Usoro, said coordinated […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira trades at N1,450 officially as parallel market hits N1,474

The naira traded around ₦1,450 to the United States dollar in Nigeria’s official Nigerian Foreign Exchange Market on Friday, November 21, 2025, while the Lagos parallel market quoted the dollar between about ₦1,460 to buy and ₦1,474 to sell. Data from the market indicates that the official NFEM volume-weighted rate stood at about ₦1,450 per […]

Business

Cybercrime, corruption drain Africa $80bn annually — ICPC

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission, Musa Aliyu, has warned that cybercrime, corruption, and illicit financial flows cost Africa $80 billion every year. Aliyu disclosed this on Thursday during a keynote address at the Realnews 13th anniversary lecture series in Lagos, themed “Cybersecurity, Illicit Financial Flows and Achieving Agenda […]

Warner Bros Discovery to host Spotify podcast
Tech

Paramount, Comcast, Netflix enter bidding war for Warner Bros

Paramount, Comcast, and Netflix have all submitted bids to acquire either all or parts of Warner Bros. Discovery, marking a significant turning point for the media industry. The bids were submitted ahead of Thursday’s deadline for non-binding offers, according to DEADLINE, citing sources. A subsequent round will follow, where bidders can submit final, binding proposals […]

OpenAI unveils GPT-5 amid rising industry investment
Tech

OpenAI partners electronics firm to build AI data centre components

OpenAI has announced a partnership with Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, to design and produce AI data center components in the United States. This collaboration is part of OpenAI’s broader plans to expand its infrastructure. Although financial details were not disclosed, OpenAI stated on Thursday that it will gain early access to […]

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