Business

Nigeria secures $155m clean energy investments

  • 26th July 2026

NGX sheds 0.19% as Presco, banks drag index

  • 25th July 2026

NPF Microfinance Bank grows profit before tax by

  • 25th July 2026

US imposes new tariffs on UK, Canada, others

  • 24th July 2026

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New Zealand hotels booked two years ahead of total

Business

Gatwick Airport water outage leaves passengers without toilets, restaurants

Aviation

Ghana to evacuate 1,000 more workers from South Africa

Transportation

Nigerians may face rice, tomato scarcity within three months

Food

Blog

Business

Wikipedia bars co-founder Larry Sanger from editing articles

Wikipedia co-founder Larry Sanger, who often describes himself as the “ex-founder of Wikipedia” and has been one of the platform’s most vocal critics since leaving more than two decades ago, has been barred from editing articles on the online encyclopedia. Although Wikipedia allows almost anyone to edit its pages, contributions are subject to review by […]

Policy and Regulations

CBN orders immediate freeze on terrorism sanctioned accounts

The Central Bank of Nigeria has directed banks, Payment Service Banks and other financial institutions to immediately freeze the accounts and assets of individuals and companies designated for terrorism and terrorism financing. According to The PUNCH, the directive was contained in a circular dated June 24, 2026, issued by the CBN’s Compliance Department to financial […]

Helth

Trump seeks $1.4bn to combat Ebola

United States President Donald Trump’s administration is seeking more than $1.4 billion in additional funding from Congress to prevent the widening Ebola outbreak from spreading to the US and to support the treatment and evacuation of Americans exposed to the virus. The funding request was disclosed on Wednesday in a supplemental budget letter sent by […]

Business

African family businesses outperform global peers in growth — PwC

Family-owned businesses across Africa are proving more resilient than their global counterparts, with 66% reporting sales growth over the past year despite inflationary pressures, tax challenges and economic uncertainty. This is according to PricewaterhouseCoopers Africa Family Business Survey 2025, which gathered responses from 79 family businesses across East, West and Southern Africa. The survey found […]

Electricity

Nigeria faces power risks as hydropower generation drops — BMI

Nigeria’s electricity sector could face renewed supply challenges as El Niño-induced drought conditions threaten hydropower generation across West Africa. This is according to the latest Sub-Saharan Africa Power & Renewables Report by BMI, a Fitch Solutions company. The report warns that Nigeria’s dependence on both domestic and imported hydropower leaves the country vulnerable to climate-related […]

Business

US opens second probe into fatal Tesla crash

The United States government has launched a second federal investigation into a recent Tesla crash in Texas that allegedly occurred while the vehicle’s driver-assistance technology was active. The accident resulted in the vehicle striking a residential home and killing a 76-year-old woman. The victim, Martha Avila, died when the Tesla Model 3 crashed into her […]

featured

African family-owned firms outperform global peers despite inflation – PwC 

Family-owned businesses across Africa are demonstrating strong resilience in the face of economic headwinds, with 66 per cent recording sales growth in the past year despite rising inflation, tax burdens and broader economic uncertainty. This is according to the PricewaterhouseCoopers Africa Family Business Survey 2025, which surveyed 79 family-owned businesses across East, West and Southern […]

Business

Poor transparency validation could scare off investors, NEITI warns

The Nigeria Extractive Industries Transparency Initiative has warned that Nigeria risks losing substantial foreign investment in the oil, gas, and mining sectors if it performs poorly in the upcoming Extractive Industries Transparency Initiative validation exercise. NEITI Executive Secretary, Musa Sarkin-Adar, issued the warning on Wednesday in Abuja during a stakeholder engagement session with civil society […]

Scams

Terrorism: EFCC probed Lagos BDC operator before US sanctions, says source

The Economic and Financial Crimes Commission was already investigating a Lagos-based Bureau De Change operator, Mukhtar Adamu Muhammad, and three companies linked to him for alleged terrorism financing before the United States government imposed sanctions on them, sources within the anti-graft agency have disclosed. The PUNCH reported that top EFCC officials familiar with the investigation […]

Entertainment

Africa studies Nigeria’s local content model for adoption — NCDMB

The Nigerian Content Development and Monitoring Board has said African countries are studying its local content model to set up theirs. The board stated this recently while hosting a delegation from the Ghana National Petroleum Corporation on a benchmarking and knowledge-sharing visit aimed at deepening Ghana’s understanding of Nigeria’s local content development framework. The PUNCH […]

Business

African cocoa farmers demand $6000/tonne floor price

The Cocoa and Coffee Farmers Alliance Association of Africa has called for a unified African cocoa producers’ bloc and a minimum floor price of not less than $6,000 per metric tonne, to coordinate production and strengthen bargaining power for farmers across the continent. The association said the measures would help end Africa’s dependence on commodity […]

featured Finance

Naira holds steady at ₦1372/$ at official FX market

The naira traded relatively stable against the United States dollar on Thursday, June 25, 2026, across both the official and parallel foreign exchange markets as market participants continued to monitor liquidity conditions and foreign exchange supply. Data from the Nigerian Foreign Exchange Market showed that the official exchange rate hovered around ₦1,370 to the dollar, […]

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