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

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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

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Business

FRC to integrate Islamic finance reporting framework

The Financial Reporting Council of Nigeria has announced plans to formally incorporate Islamic Finance Services into the country’s financial reporting framework. The FRC said this integration will involve adopting standards issued by the Accounting and Auditing Organisation for Islamic Financial Institutions. This was disclosed in a statement on Monday by the FRC Executive Secretary and […]

Tech

Apple removes gay dating apps from Chinese iOS store

Apple has confirmed that it has pulled two widely used gay dating apps from its Chinese iOS App Store, following a directive from Beijing’s primary internet regulator and censorship authority. The move came after users reported that the apps, Blued and Finka, suddenly vanished from the iOS App Store over the weekend. In a statement […]

News

Trump threatens US air controllers amid govt shutdown

An additional 2,300 United States flights were cancelled on Monday as President Donald Trump publicly threatened to dock the pay of air traffic controllers who called in sick during the ongoing government shutdown. Following Trump’s criticism of absent aviation workers as unpatriotic, the National Air Traffic Controllers Association labor union countered, hailing members who were […]

Economy featured

Britain’s unemployment rises to 5%, highest since 2021

Britain’s unemployment rate experienced a larger-than-expected rise in the third quarter, reaching five percent, marking the highest level since early 2021. This official data was released on Tuesday, just before a critical UK government budget announcement. The unemployment rate increased from 4.7 percent in the second quarter, according to the Office for National Statistics. This […]

Special Economic Zones amass $66bn foreign investment - Report
Maritime

Blue economy key to lifting Africa from poverty — NPA boss

The Managing Director of the Nigerian Ports Authority and current President of the Port Management Association of West & Central Africa, Dr. Abubakar Dantsoho, has called upon maritime operators and regulators in the West and Central African sub-region to prioritize the Blue Economy to stimulate job creation and uplift African nations and their people. Speaking […]

News

One billion light arms fueling conflict, terrorism globally — UN

The United Nations has issued a grave warning that the massive proliferation of approximately one billion small arms and light weapons circulating globally is significantly fueling conflicts across Africa and the world. Adedeji Ebo, the Director and Deputy High Representative of the UN Office for Disarmament Affairs, informed the Security Council in New York that […]

Mobile phones

China orders removal of gay dating apps from App stores

Chinese officials recently ordered the removal of two widely used gay dating applications from mobile stores within the country, a decision that Apple confirmed to AFP on Tuesday. This action comes against a backdrop where same-sex marriage remains illegal in China, and discrimination against the LGBTQ community is widespread. Activists have observed that an effort […]

Business

FG condemns misuse of frontier exploration fund, vows probe

The Federal Government has condemned the diversion and misuse of Nigeria’s Frontier Exploration Fund, overseen by the Nigerian Upstream Petroleum Regulatory Commission, warning that those responsible will be held accountable. Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, made the remarks on Monday in Lagos at the 43rd Annual International Conference and Exhibition of […]

Business

FG plans NNPC asset restructure amid low oil output

The Presidency is set to restructure asset ownership in the Nigerian National Petroleum Company Limited over concerns about its low oil output. Presidential Adviser on Energy, Olu Verheijen, disclosed this on Monday at the Nigerian Association of Petroleum Explorationists Conference in Lagos. Verheijen unveiled a plan to revitalise Nigeria’s oil and gas industry, emphasising energy […]

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

Naira struggles in parallel market despite official gains

The naira experienced mixed movements on Monday, recording a slight decline in the parallel market while gaining modestly in the official Nigerian Foreign Exchange Market. The currency traded at N1,465 per dollar in the parallel market, a depreciation from the N1,456 per dollar recorded last Friday. Conversely, it appreciated slightly in the NAFEM, trading at […]

EU rules out fee for tech giants under digital markets act
Business

EU targets Huawei ban in mobile networks of member countries

The European Commission is considering measures to compel EU member states to phase out Huawei Technologies Co. and ZTE Corp. from their telecom networks. Commission Vice President Henna Virkkunen is pushing to turn the EU’s 2020 recommendation against using high-risk vendors into binding legislation, according to Bloomberg, citing sources familiar with the matter. While network […]

featured News

Trump threatens BBC with $1bn lawsuit over speech edit

United States President Donald Trump has threatened the BBC with legal action and welcomed the resignations of two of its most senior figures, following a campaign that escalated after criticism that the broadcaster’s flagship current affairs program, Panorama, used a misleading edit of a Trump speech in 2024. Lawyers for the US President reportedly told […]

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