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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Business

Taiwan exports hit 16-year high on surging AI demand

Taiwan’s exports surged 49.7 per cent in October from a year earlier to a record $61.8 billion, the fastest pace in nearly 16 years, driven by strong global demand for semiconductors and AI technology. This was disclosed by the Taiwanese finance ministry on Friday. The growth, the highest since May 2010’s 57.7 per cent came […]

Elon Musk announces upcoming release of AI chatbot Grok 3
Tech

Tesla shareholders approve Elon Musk’s $1tn pay package

Tesla shareholders have approved CEO Elon Musk’s nearly $1 trillion pay package, with about 75 per cent voting in favour. The company’s board had urged investors to back the plan, first introduced in September, though top proxy advisors Glass Lewis and ISS advised against it. The results were announced Thursday during Tesla’s annual shareholders meeting […]

Aviation

Airport concession to boost efficiency, curb terminal losses — Keyamo

The Federal Government has approved the concession of Port Harcourt International Airport to private operators, stating that the decision will enhance efficiency and curb losses from underperforming terminals nationwide. Minister of Aviation and Aerospace Development, Festus Keyamo, announced this after Thursday’s Federal Executive Council meeting in Abuja, assuring aviation workers that the concession will not […]

Senate approves Yuguda, Cardoso, others as MPC members
Aviation

Senate clears Air Peace of wrongdoings in P’Harcourt runway incident

The Senate on Thursday cleared Nigeria’s largest airline, Air Peace, of any wrongdoing in the July 13 runway overrun at Port Harcourt International Airport, stating that allegations of drug and alcohol use by its pilots were based on “inconsistent and uncoordinated” findings by the Nigerian Safety Investigation Bureau. The Senate’s resolution followed an investigative hearing […]

featured News

Edun assumes G-24 chair, vows resource dev’t focus

Minister of Finance and Coordinating Minister of Economy, Mr. Wale Edun, has formally assumed the Chairmanship of the Group of 24 (G-24), announcing that the group will focus on “Optimising Resource Development for Inclusive, Job-Rich Economic Transformation” under his leadership. In a statement issued on Thursday, Edun explained that the chosen theme reflects all critical […]

News

Israel urges dialogue, co-existence for Nigeria’s sustainable growth

The Israeli Ambassador to Nigeria, Mr. Michael Freeman, has underscored the need to deepen Israel-Nigeria dialogue on peace building and economic cooperation to strengthen sustainable growth between both countries. Freeman made this known at a program titled “Co-existence and Dialogue among Abrahamic Faiths,” held on Thursday in Abuja. The event was collaboratively organized by the […]

Aviation featured

FEC stops sales of FAAN property

The Federal Executive Council has issued a clear directive strictly prohibiting the sale or transfer of properties owned by the Federal Airports Authority of Nigeria within and around airport environments to private individuals. The council emphasized that such facilities must remain exclusively for aviation purposes. This decision was made public on Thursday by the Minister […]

Business

Nigeria’s FX reserves to hit $45bn December — Report

Nigeria’s foreign exchange reserves are expected to reach $45 billion by the end of 2025, buoyed by renewed investor confidence after the country’s successful $2.3 billion Eurobond issuance, according to investment firm CardinalStone. In its Macroeconomic Update on the issuance, CardinalStone noted that the strong demand for the Eurobonds—oversubscribed by 5.5 times—underscores growing investor optimism […]

Nigeria@64: Tinubu unveils plan to create 2.5m jobs
News

Tinubu vows to defeat terrorism, strengthen diplomatic ties

President Bola Tinubu has strongly reaffirmed his administration’s commitment to defeating terrorism and strengthening diplomatic ties with Nigeria’s global partners. The President delivered this declaration just before the Federal Executive Council entered a closed-door session on Thursday, marking the council’s first gathering since July, held at the Council Chamber of the Aso Rock Villa, Abuja. […]

Only 5% have over N500,000 in their bank accounts — Wale Edun
Economy

Economy rebounding strongly to Tinubu’s reforms, says Edun

The Coordinating Minister of the Economy and Minister of Finance, Wale Edun, has announced that Nigeria’s economy is showing strong signs of recovery following a series of bold reforms introduced by President Bola Tinubu. Speaking with State House correspondents on Thursday after briefing the President on the current state of the economy, Edun confirmed that […]

Entertainment featured

Hilda Baci receives plaque for world’s largest jollof rice

Nigerian celebrity chef, Hilda Baci, has officially received her second Guinness World Record plaque, which recognizes her remarkable achievement for cooking the world’s largest pot of jollof rice. According to Guinness World Records, Baci successfully prepared 8,780kg (19,356 pounds) of jollof rice during a cookout held in Lagos in September, a monumental feat that has […]

News

I predicted mass visa revocations by Trump — Soyinka

The Nobel laureate, Professor Wole Soyinka, has revealed that he predicted the mass revocation of visas and green cards by the United States Government. In an interview published by BBC News Pidgin on Facebook on Wednesday, the acclaimed writer, whose visa was recently revoked by the US, said he knew that once Donald Trump got […]

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