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

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News

Reps suspend 2026 WASSCE CBT plan

The House of Representatives has directed the Federal Ministry of Education and the West African Examinations Council to immediately suspend the planned start of Computer-Based Testing for the 2026 examination. The House also urged the Ministry of Education, in partnership with state governments, to ensure that the 2026, 2027, 2028, and 2029 budgets include provisions […]

Business

Starbucks workers to strike across 40 US cities

Starbucks Workers United began an open-ended strike Thursday in at least 40 cities on Red Cup Day, one of the chain’s busiest sales days. The union said the action involves more than 1,000 baristas across over 65 stores, following a vote to authorize the strike after negotiations with Starbucks failed to produce a collective bargaining […]

NAFDAC cuts licensing fees by 65%
Policy and Regulations

NAFDAC destroys N20bn substandard products in Oyo

The National Agency for Food and Drug Administration and Control, South-West Zone, began the destruction of unwholesome and substandard products valued at over N20 billion in Ibadan on Thursday. The destruction exercise took place at the Moniya dumpsite located in Ibadan, the capital of Oyo State. Speaking at the event, the Director-General of NAFDAC, Prof. […]

News

Reps to probe NNPCL boss removal

The House of Representatives has received and approved a petition from the socio-cultural group, Ezi Umuada Igbo, demanding the removal of Sophia Mbakwe, the Executive Vice President (Business Services) of the Nigerian National Petroleum Company Limited. The group claims Mbakwe is occupying a position designated for the South East region but allegedly is not from […]

Loan apps: FCCPC to address rising debt with new policy
Policy and Regulations

FCCPC fixes January 5 deadline for digital lenders’ compliance

The Federal Competition and Consumer Protection Commission has set Monday, January 5, 2026, as the deadline for all operators to achieve full compliance with the Digital, Electronic, Online and Non-Traditional Consumer Lending Regulations, 2025. The regulations, which became effective on July 21, 2025, under the Federal Competition and Consumer Protection Act 2018, are designed to […]

Tech

Tencent, Apple sign deal on WeChat mini game payments

Tencent Holdings has agreed to allow Apple Inc. to handle payments for WeChat mini games and apps, taking a 15 per cent cut of purchases. The agreement, negotiated over more than a year, opens a new revenue stream for Apple, which had been pressing Tencent to close loopholes that let app makers push users to […]

Business

DMO confirms allotment of November 2025 savings bonds

The Debt Management Office has announced the allotment results for its November 2025 Savings Bond offer, highlighting strong investor demand for both the 2-year and 3-year bonds. According to a circular published on the DMO website on Wednesday, the 13.565 per cent Federal Government Savings Bond maturing in November 2027 and the 14.565 per cent […]

Business

FG partners 100 countries to enforce remote workers’ tax compliance

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that Nigeria has signed agreements with over 100 countries to obtain data on remote workers as part of efforts to ensure proper tax compliance. Speaking at a webinar organised by the National Orientation Agency on Wednesday, themed “Simplifying Nigeria’s Tax […]

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

Naira-dollar rate steady across official, parallel markets

The Nigerian Foreign Exchange Market saw the Naira trading relatively flat against the United States Dollar on Thursday, November 13, 2025, maintaining levels observed in previous trading sessions. A similar stability was reflected in the parallel market, which is frequently utilized by businesses and individuals for their dollar transactions. According to official NFEM data, the […]

featured Oil and Gas

FG drops proposed 15% petrol import tariff — NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority announced on Thursday that it has abandoned plans to impose a 15 percent duty on imported petroleum products. This was disclosed in a statement by NMDPRA’s Director of Public Affairs, George Ene-Ita, who also urged the public to avoid panic buying. On October 29, President Bola Tinubu […]

Economy featured

Nigeria’s economy expands 11 month consecutively — Report

Nigeria’s economy expanded for the eleventh consecutive month as the Central Bank of Nigeria Purchasing Managers’ Index rose to 55.4 index points in October 2025 from 54 index points recorded in the previous month. The CBN report indicated that the sectors leading this expansion included industry, services, and agriculture. The report stated: “The composite PMI […]

Aviation

Boeing to pay $24m to family of Ethiopian crash victim

A United States court has awarded over $24 million to the family of Shikha Garg, a United Nations consultant who died in the 2019 crash of a Boeing 737 Max in Ethiopia. The verdict, delivered Wednesday in Chicago after a weeklong trial, marks the first civil case arising from the March 2019 Ethiopian Airlines Flight […]

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