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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Nigeria’s external debt service falls 31.5% to $954m

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Spain to impose border controls on Italian passengers

Business

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Blog

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

Nigerians’ medical tourism spending drops 52% under Tinubu — Report

Based on the latest Quarterly Statistical Bulletin of the Central Bank of Nigeria, Nigerians spent about $4.74 million on foreign healthcare-related services from May 2023 to March 2025, according to findings by The PUNCH. This amount represents the total spending on medical tourism during President Bola Tinubu’s first 22 months in office. A comparative analysis […]

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Immigration sacks 31 officers over various misconduct offences

The Civil Defence, Correctional, Fire and Immigration Services Board has approved wide-ranging disciplinary measures against 31 officers of the Nigeria Immigration Service for various offenses. This decision was contained in a statement issued on Friday in Abuja by the Service Public Relations Officer, Assistant Comptroller of Immigration, Akinsola Akinlabi. Akinlabi said the decision followed the […]

LCCI to launch innovation hub for startups, SMEs in Lagos
Economy

LCCI projects positive 2025 economic year-end amid reforms

The Lagos Chamber of Commerce and Industry has projected that the Nigerian economy will end this year on a positive note if the current economic reform efforts of the Federal Government are sustained. The President of the LCCI, Gabriel Idahosa, expressed this optimism yesterday in Lagos during a media briefing on the state of the […]

Starlink becomes Nigeria’s second-largest ISP by subscriber numbers
Tech

Starlink begins security tests in India ahead of commercial launch

Elon Musk’s Starlink has begun security tests in India, marking one of the last steps before the company can launch commercial satellite broadband services in the world’s most populous nation, Bloomberg cited sources familiar with the matter. These tests are part of India’s security approval process for both foreign and domestic telecom operators. The SpaceX-owned […]

Economy

NGX market capitalisation nears ₦100trn mark

Nigeria’s equity market climbed to a new high yesterday, extending its rally on the back of broad economic reforms and improving investor sentiment. The NGX market capitalisation, chasing a ₦100 trillion mark, closed on Thursday at ₦98.059 trillion, while the All-Share Index advanced 0.49 per cent to close at 154,489.90 basis points from 153,456.91 points. […]

South Africa to alter taxation laws for remote workers
Business

Nigeria, S’Africa strengthen economic ties at Lagos ministerial roundtable

Nigeria and South Africa have reaffirmed their commitment to strengthening bilateral economic ties during the Ministerial Business Roundtable in Lagos, where leaders from both countries discussed concrete strategies to enhance trade, investment, and industrial development across Africa. The meeting was held on Thursday, at the Rooftop Event Centre, MTN Plaza, Ikoyi, and brought together senior […]

Business

Germany–Nigeria trade jumps 30% to €3b

Germany–Nigeria trade relations have grown significantly, rising by 30 per cent to reach €3 billion. Ahead of the upcoming Nigerian-German Binational Commission meeting in Berlin, Ambassador Annett Gunther credited the surge to Nigeria’s ongoing economic recovery. Gunther stated that Nigeria remains “Germany’s second biggest trading partner in Sub-Saharan Africa with a total trade volume of […]

Transcorp hotels posts 60% revenue rise, declares interim dividend
Business featured

UBA, Renewvia partner to deploy solar power across 25 branches

In a significant step towards deepening economic ties between Nigeria and Norway, United Bank for Africa has partnered with Renewvia Solar Nigeria to deploy renewable energy solutions across 25 UBA branches in five Nigerian states. This initiative was formalized at the official Ribbon Cutting ceremony held at the UBA Oba Akran 2 branch, Ikeja-Lagos, on […]

Tech

Nigerian lending startup Lidya shuts operations over financial woes

Nigerian digital lending firm Lidya has shut down operations after nine years, citing severe financial challenges. The closure marks the end of one of Nigeria’s early fintech pioneers that aimed to transform credit access for small businesses, according to Nairameteics. “Despite best efforts to restructure and sustain operations, the Company has encountered severe financial distress […]

Aviation

Experts urge FG to reopen Lagos aviation fuel pipeline

Aviation experts and Jet A1 marketers have called on the Federal Government to urgently rehabilitate and reopen the 98-kilometre pipeline that supplies aviation fuel to the Murtala Muhammed Airport in Lagos. They noted that restoring the long-shut facility would eliminate over 100 fuel trucks from Lagos roads daily, easing traffic congestion, reducing accidents, and lowering […]

Business

Reps to boost SMEs finance access, protect customers from fraud

The House of Representatives Committee on Banking Regulations held a public hearing on Thursday in Abuja on two critical bills aimed at strengthening Nigeria’s financial system, expanding access to finance for small and medium enterprises, and protecting bank customers from fraudulent activities. According to BusinessDay, the hearing, chaired by Hon. Mohammed Bello El-Rufai, focused on […]

Oil and Gas

Senate to investigate refinery operations, labour disputes

The Senate has resolved to conduct a comprehensive investigative hearing into the challenges currently facing Nigeria’s downstream petroleum sector, with a firm commitment to finding lasting solutions. This decision follows growing concerns over the operations of both private and government-owned refineries, the activities of independent marketers, and ongoing disputes involving key labor unions—the Petroleum and […]

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