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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

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

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Enugu residents protest against ‘land-grabbing’ by company

Hundreds of residents of Ugwuto, Nsude community in Udi Local Government Area of Enugu State on Wednesday staged a peaceful protest over what they described as an ongoing land grab by Enpower Energy Limited. The protesters—men, women, and children—marched through the community’s civic centre carrying placards and singing solidarity songs such as “We no go […]

featured Policy and Regulations

Senate greenlights bill for Nigeria’s transition to electric vehicles

A Bill seeking to provide a comprehensive framework for Nigeria’s transition to electric vehicles and green mobility has scaled second reading in the Senate. The Bill aims to position Nigeria to benefit from the global shift toward green transportation by encouraging investment, innovation, and industrial growth in the electric vehicle sector. It also seeks to […]

featured

FG to unveil emergency passport for Nigerians abroad

The Nigeria Immigration Service has unveiled plans to introduce a Single Travel Emergency Passport to replace the current Emergency Travel Certificate for Nigerians abroad. Comptroller-General of Immigration, Kemi Nanna Nandap, stated that the new document is part of ongoing reforms aimed at strengthening identity management and border governance in line with global best practices. She […]

Business

FG may sell local refineries to combat Dangote refinery dominance

The Federal Government has signaled that it may privatize its state-owned refineries to attract investment, enhance competition, and improve efficiency in the downstream oil sector, which is currently dominated by the Dangote Refinery. The announcement came from President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, during an interview with Bloomberg TV anchor Joumanna Bercetche […]

China 'firmly opposes coercion' as Mexico mulls car tariffs
News

China, US extend tariff suspension for one year after talks

China said on Wednesday it would extend a suspension of additional tariffs on United States goods for one year, making official an agreement reached in talks between Presidents Xi Jinping and Donald Trump last week. The two leaders held discussions in South Korea at the end of October that effectively extended a delicate truce for […]

Dangote refinery investors gain N1.2tn in two days
Oil and Gas

NNPCL plans 20% increase in Dangote Refinery stake

The Nigerian National Petroleum Company Limited on Tuesday disclosed plans to raise its equity stake in the $20 billion Dangote Petroleum Refinery to 20 per cent, as part of efforts to strengthen Nigeria’s domestic refining capacity and consolidate its position in the downstream oil sector. The Group Chief Executive Officer of NNPC, Bayo Ojulari, made […]

Aviation auditors begin security audits of Lagos, Abuja airports
Conferences featured

Nigeria safe for business, says Lekki Free Zone MD

The Managing Director of the Lekki Free Zone Development Company, Dai Shunfa, has stated that despite existing challenges and negative perceptions, Nigeria remains a promising destination for business investment. Speaking in Lagos on Tuesday during a visit by journalists, Shunfa addressed concerns about international perceptions of doing business in Nigeria. Shunfa identified the core impediment […]

Telcos to receive $1bn network equipment in July — Minister
Economy

FG to invest ₦12bn in digital economy research projects

The Federal Government on Tuesday said it would invest ₦12 billion to fund digital economy research projects to ensure the country benefits from digital transformation dividends. The Minister of Communications and Digital Economy, Dr. Bosun Tijani, said this at the opening ceremony of the 18th edition of the International Conference on Theory and Practices of […]

News

Okonjo-Iweala urges swift action to unlock Africa’s regional trade opportunities

World Trade Organization Director-General Dr. Ngozi Okonjo-Iweala, has urged swift reforms to unlock Africa’s trade potential, noting that it costs about 20 per cent more for African countries to trade with each other than with nations outside the continent. In an interview with CNN’s Christiane Amanpour, Okonjo-Iweala warned that these inefficiencies weaken the objectives of […]

Google partners Verve, okays naira payment Play Store
Tech

Google, Epic Games near settlement over Play Store payment dispute

Google and Epic Games appear close to resolving their long-standing legal battle over the Play Store. The two companies have jointly submitted a proposed settlement to the court, which could significantly reshape the way Android and Google Play function. Announcing the move in a post on X, Google’s President of Android Ecosystem, Sameer Samat, said […]

Two Chinese charged for shipping US AI chips to China
Tech

Nvidia backs $2b fund to mentor India’s deep tech innovators

Nvidia has joined a new $2 billion investment alliance to mentor and support emerging deep tech startups in India, strengthening its footprint in the world’s third-largest startup ecosystem. The United States chipmaker is a founding member of the India Deep Tech Alliance, a coalition of private equity and venture capital firms committed to investing in […]

Electricity

NEMSA intensifies power safety inspections under electricity act 2023

The Nigerian Electricity Management Services Agency has stepped up nationwide inspection, testing, and certification activities to enhance electrical safety and system reliability in line with its renewed enforcement mandate under the Electricity Act 2023. In a statement on Tuesday in Abuja, Head of Communications and Protocol, Ama Umoren, said the agency’s field inspectors recently detected […]

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