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Tech

Wealthy customers drive 16% profit rise for American Express

Credit card giant, American Express reported a 16 per cent rise in third-quarter profits on Friday. This was driven by stronger card spending, especially among its wealthiest customers. The results prompted the company to raise its full-year profit forecast. The United States based company posted earnings of $2.9 billion for the quarter, up from $2.51 […]

Tech

Apple TV to air formula 1 in landmark $750m US deal

Apple has secured the rights to broadcast Formula 1 in the United States for the next five years in a deal reportedly worth around $750 million (£558 million). Starting in 2026, Apple is said to be paying roughly $150 million (£111.6 million) annually, making F1 available to all Apple TV subscribers in the US as […]

News

Romance scams cost UK victims £106m in one year

Romance fraud, a rising crime that preys on both emotions and finances, cost UK victims an estimated £106 million in the past financial year. One victim, Varun Yadav, a London banker, turned to a dating app in search of a life partner, only to lose both love and money, according to BBC News. He ended […]

featured News

FG to launch national campaign to promote made-in-Nigeria goods

The Federal Government is set to launch a nationwide campaign to promote Made-in-Nigeria goods and services under the Nigeria First policy as a crucial step in revitalizing the manufacturing sector. President Bola Tinubu made this announcement in Lagos at the fifth Adeola Odutola lecture organized by the Manufacturers Association of Nigeria. The President was represented […]

CBN sells $10,000 to BDCs at N1,101/$
featured Finance

Naira falls to ₦1,500 in black market

The Naira traded within the mid-₦1,400s on the official Nigerian Foreign Exchange Market platforms on Friday, even as the parallel (black) market continued to price the United States dollar notably higher, settling around ₦1,480–₦1,500 to the dollar. This persistent disparity kept the premium between the official and street windows near ₦25–₦40. The official NFEM rate, […]

Opinion

Amnesty International demands abolition of death penalty in Nigeria

The Programmes Manager of Amnesty International, Mrs. Barbara Magaji, made a strong call to remove all legal provisions—both national and state—that violate international human rights law, specifically targeting provisions that allow for the death penalty. Magaji made this appeal during a stakeholders’ dialogue in Abuja on Thursday, which was organized by Amnesty International in collaboration […]

Technology

Google unveils AI skills campus for Nigerian public servants

Google.org has unveiled an Apolitical Government Artificial Intelligence Campus skills training program for Nigerian public servants, establishing a trusted global hub for AI excellence within the government. This initiative, which Google announced on Thursday in Abuja, is a partnership with the Ministry of Communications, Innovation and Digital Economy. The News Agency of Nigeria reported that […]

Aviation auditors begin security audits of Lagos, Abuja airports
Transportation

NAF to close Lagos airport road for walk/jog exercise

The Nigerian Air Force Headquarters Logistics Command has announced the temporary closure of certain sections of the Murtala Muhammed Airport Road, Lagos, on Saturday, October 18, 2025. This closure is necessary to allow for the Command’s routine 10-kilometre Walk/Jog Exercise. According to a statement signed by the Command Public Relations Officer, Squadron Leader Abigail Ologun, […]

Nigeria is finished if manufacturing sector dies, MAN warns
Business

Manufacturers demand law to enforce ‘Nigeria First’ policy across MDAs

The President of the Manufacturers Association of Nigeria, Francis Meshioye, and the President of Dangote Group, Aliko Dangote, have both stressed the critical need for the Federal Government to reinforce the ‘Nigeria First’ policy with enabling legislation. This legislation, they argue, must ensure the policy is enforced consistently across all government ministries, departments, and agencies. […]

Finance

CBN, Bank of Angola sign MoU to boost bilateral central banking

The Central Bank of Nigeria and the Bank of Angola on Thursday formally signed a Memorandum of Understanding aimed at fostering closer bilateral relations and significantly enhancing capacity in core central banking operations. The signing ceremony saw the Governor of the Bank of Angola, Mr. Manuel Tiago Diaz, and the Governor of the Central Bank […]

Nigeria expecting $2.2bn loans from World Bank - Minister
Conferences

ISAN conference: Wale Edun to speak on Nigeria’s $1trn economy

The Independent Shareholders Association of Nigeria has finalized arrangements for its eighth Triennial Delegates Conference scheduled for October 30, 2025. The conference will focus on the theme: “Nigeria, towards $1 trillion economy by 2030.” The Minister of Finance and Coordinating Minister of Economy, Mr. Wale Edun, is slated to chair the conference and serve as […]

Dangote Refinery loses N32.5bn after petrol price cut
Oil and Gas

Dangote Refinery raises petrol price to ₦877 as operations fully resume

The Dangote Petroleum Refinery resumed full operations on Thursday, simultaneously raising the gantry price of Premium Motor Spirit, commonly known as petrol, by seven per cent, from ₦820 per litre to ₦877 per litre. According to Vanguard, oil marketers who purchase large volumes of two million litres and above would benefit from this relatively low […]