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Nigeria secures $155m clean energy investments

  • 26th July 2026

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Etihad Airways to resume flight operations in Nigeria

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Nigeria secures $155m clean energy investments

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Tech

Oracle lands nearly $7B Pentagon contract

The United States government on Thursday awarded Oracle a contract worth nearly $7 billion over 10 years, delivering a major boost to the software company after its shares faced pressure from investors this year. Oracle stock rose about 3 per cent in extended trading. The agreement covers Oracle software deployed in on-premises data centers supporting […]

Tech

Amazon, Microsoft introduce new strategies to grow cloud gaming

Amazon and Microsoft are introducing new ways to bring cloud gaming to a wider audience. Microsoft’s Xbox division said Thursday that it plans to test an ad-supported option that would allow users to stream video games. Amazon, meanwhile, announced plans to integrate its Luna cloud gaming service into Prime Video, which is included with Prime […]

Policy and Regulations

NCAA threatens to suspend Royal Air Maroc over violations

The Nigeria Civil Aviation Authority has threatened to suspend the operations of Royal Air Maroc in Nigeria over alleged persistent violations of consumer protection regulations and poor treatment of Nigerian passengers. The warning was issued on Thursday by the NCAA’s Director of Public Affairs and Consumer Protection, Michael Achimugu, in a post on X. He […]

Business

Dangote Refinery completes $2.5bn equity placement, ahead of IPO

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP or the Enterprise) on Thursday announced the successful completion of its landmark private placement, which achieved 3.7 times subscription relative to the initial offer size and resulted in the issuance and allotment of approximately US$2.5 billion in new equity. This transaction is believed to be Africa’s largest publicly […]

Aviation

Air Peace partners Etihad Airways to boost connectivity

West Africa’s largest airline, Air Peace, has entered into a strategic partnership with Abu Dhabi-based Etihad Airways, a move expected to improve international connectivity for its passengers and further strengthen its growing global presence. The agreement will enable travellers to connect more easily from Nigeria through Etihad’s hub in Abu Dhabi to several destinations across […]

Finance

Private sector credit rises to ₦83.26trn in June

Credit to Nigeria’s private sector rose to N83.26 trillion in June 2026 from N81.04 trillion in May, according to the latest data from the Central Bank of Nigeria. The increase represents a month-on-month rise of about N2.22 trillion. Year-on-year, the figure represents a 9 per cent increase compared with the N76.13 trillion recorded in June […]

Business

Transcorp’s H1 pre-tax profit falls 11.45% to ₦75.9bn

Transnational Corporation Plc has released its H1 2026 results for the period ended June 30, 2026, reporting a pretax profit of N75.9 billion, representing an 11.45 per cent year-on-year decline from N85.7 billion in H1 2025. The decline in H1 pretax profit was driven in part by a weaker second-quarter performance. Q2 pretax profit fell […]

Scams

Customs debunk fake recruitment update on social media

The Nigeria Customs Service says the purported recruitment update currently circulating on some social media platforms is fake and did not originate from the service. NCS’s spokesperson, Abdullahi Maiwada, made this known in a statement on Thursday in Abuja. Maiwada urged members of the public to disregard the false information, saying the service would only […]

News

Kwara law officers issue strike notice over unpaid allowances

Law officers in the Kwara State Ministry of Justice have issued a seven-day notice of indefinite strike to the state government over the alleged non-payment of outstanding statutory allowances and the failure to harmonise their salaries and conditions of service with those of magistrates in the state judiciary. The Law Officers Association of Nigeria, Kwara […]

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