Business

Spain to impose border controls on Italian passengers

  • 8th August 2026

Burger King regains second spot in US burger

  • 8th August 2026

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

  • 7th August 2026

Manufacturers’ confidence rebounded in Q2 despite operating challenges

  • 7th August 2026

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Spain to impose border controls on Italian passengers

Business

Cloudflare unveils Kitesurf browser built for AI agents

Tech

Hackers target US financial firms in data extortion campaign

Tech

Meta faces fresh $567m fine over social media harms

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Blog

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

Naira appreciates to ₦1,487/$1 in parallel market

The Naira on Tuesday appreciated to ₦1,487 per dollar in the parallel market, up from ₦1,491 per dollar recorded on Monday. Similarly, the Naira appreciated in the Nigerian Foreign Exchange Market. Data published by the Central Bank of Nigeria showed that the exchange rate for the Naira fell to ₦1,447 per dollar in the NFEM, […]

Electricity

FG secures ₦700bn to install 1.1m electricity meters

The Federal Government has obtained about ₦700 billion from the Federation Account Allocation Committee to fund the installation of 1.1 million electricity meters nationwide by December 2025. Minister of Power Adebayo Adelabu disclosed this on Tuesday in Lagos during the 2025 Nigerian Energy Forum, themed “Powering Nigeria through Investment, Innovation, and Partnership,” according to the […]

Labour advocates annual minimum wage adjustment to reflect inflation
News

NLC opposes NSSTF bill, cites threat to workers’ right

The Nigeria Labour Congress on Tuesday rejected the proposed Nigeria Social Security Trust Fund bill, warning that it could seize workers’ contributions and diminish their role in managing social security funds. Although the bill has cleared the Senate’s second reading, it has not yet become law. It proposes repealing the Nigeria Social Insurance Trust Fund […]

Two Chinese charged for shipping US AI chips to China
Tech

Nvidia takes $1 billion stake in Nokia

Nokia announced on Tuesday that Nvidia is acquiring a $1 billion stake in the networking firm, marking another strategic move for the AI chipmaker. Following the announcement, Nokia’s shares jumped 22 per cent. Nokia plans to issue over 166 million new shares, with the proceeds earmarked for AI initiatives and general corporate purposes. The companies […]

Tech

PayPal, OpenAI partner to embed digital wallet into ChatGPT

PayPal has struck a deal with OpenAI to embed its digital wallet into ChatGPT, allowing users to pay for items directly through the AI platform. Following the announcement, PayPal’s shares jumped as much as 13 per cent, according to CNBC. Beginning next year, ChatGPT will integrate with PayPal, allowing users to buy items through the […]

Opinion

AI will define Africa’s digital economy future — Kora CEO

The Chief Executive Officer of Africa’s leading payment infrastructure company, Kora, Mr. Dickson Nsofor, has posited that Artificial Intelligence would play a defining role in the next chapter of Africa’s digital economy. Nsofor stated this while briefing newsmen on plans to host its 2025 edition of Sundown Sessions, an event themed “AI in Africa: Scaling […]

RMAFC unveils revenue collection software
Appointments featured

Senate confirms six commissioners for RMAFC

The Senate, on Tuesday, confirmed the appointment of six persons nominated as Commissioners for the Revenue Mobilisation, Allocation and Fiscal Commission. This confirmation followed the presentation and consideration of the report of the Senate Committee on National Planning and Economic Affairs during plenary. The Chairman of the committee, Senator Yahaya Abdullahi, who presented the report, […]

featured Finance

Cross River proposes ₦780.59bn budget for inclusive growth

Cross River State Governor, Senator Bassey Edet Otu, has proposed a total budget size of ₦780.59 billion for the 2026 fiscal year. According to him, the budget, christened “Budget of Inclusive Growth,” is designed to consolidate the gains of his administration’s “People First” philosophy. Presenting the Appropriation Bill before the House of Assembly on Tuesday, […]

Opinion

North Central key to Nigeria’s non-oil export growth — Akume

The Secretary to the Government of the Federation, Senator George Akume, has identified Nigeria’s North Central region as a potential hub for the country’s non-oil export growth, citing its vast mineral deposits and robust agricultural base. Special Adviser on Media and Publicity to the SGF, Yomi Odunuga, in a statement on Tuesday, said Akume stated […]

Business

Nasarawa shuts down Lafia market over poor sanitation

The Nasarawa State Government has ordered the immediate closure of the Lafia Modern Market due to what it described as “deteriorating sanitary conditions” within the facility. The Commissioner for Environment and Natural Resources, Margaret Elayo, led officials of the ministry and security personnel to enforce the closure on Tuesday in Lafia. Elayo said the government’s […]

News

Wike unveils Abuja’s plan to become a world-class smart city

The Minister of Federal Capital Territory, Nyesom Ezenwo Wike, has said that the Abuja’s “Smart City Vision” is being driven by strategic investments across five key areas of Urban Mobility, Sustainability, Public Safety, Digital Governance and Economic Empowerment. According to a press release issued by his Senior Special Assistant, Public Communications and Social Media, Lere […]

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