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Nigeria secures $155m clean energy investments

  • 26th July 2026

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  • 25th July 2026

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  • 24th July 2026

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featured Technology

Top Nigerian banks invest ₦119bn in technology — Report

Nigeria’s largest lenders spent more than N119bn in information technology, software, and related digital infrastructure in the first three months of 2026, indicating the growing importance of technology investments as banks deepen digital transformation efforts. An analysis of the first-quarter financial statements of four tier-one lenders—Guaranty Trust Holding Company Plc, Zenith Bank Plc, United Bank […]

Business

Reps expand probe of airport, seaport concessions

The Chairman of the House of Representatives Ad-hoc Committee investigating airport and seaport concession agreements, Kolawole Akinlayo, has explained the delay in submitting the panel’s report to the House, stating that the committee is still conducting extensive investigations into the activities of key stakeholders within its scope. Akinlayo, who represents the Moba/Ilejemeje/Ido Osi Federal Constituency […]

Business

France hit by major blackout as extreme heat grips Europe

A record-breaking heat wave sweeping across Europe has triggered a major power outage in France, as several countries place large areas under red-alert warnings. In western France, a heat-related failure left about 68,000 households without electricity, according to authorities in the coastal department of Finistère. The blackout began on Tuesday evening after a transformer malfunction […]

Tech

Chinese supercomputer tops global rankings for first time since 2017

A newly unveiled supercomputer in China has overtaken its American rivals to become the world’s most powerful computing system, marking the first time since 2017 that a Chinese machine has claimed the top spot in the global Top500 rankings, a benchmark often regarded as a measure of national technological strength. Known as LineShine and located […]

Business

Dangote Refinery rejects claims of fuel exports, re-importation via Lomé

The management of Dangote Petroleum Refinery and Petrochemicals has expressed concern over the spread of what it described as false and misleading reports alleging that its petroleum products are exported to Lomé and later re-imported into Nigeria. The company said in a statement that while it does not usually respond to baseless allegations, it deemed […]

Housing

FG hands over rent-to-own houses to FCT beneficiaries

The Federal Government has handed over rent-to-own housing units to beneficiaries in Abuja, marking another step in its efforts to expand access to affordable homeownership for Nigerians. The handover took place on Tuesday, June 23, during a ceremony held in the Federal Capital Territory, where officials of the Federal Ministry of Housing and Urban Development […]

featured Finance

Naira slumps to four-week low at ₦1373/$

The naira depreciated to N1,373/$ at the official foreign exchange market on June 23, 2026, marking its weakest closing rate in four weeks amid renewed strength in the United States dollar across global markets. This is according to the latest data on the Central Bank of Nigeria’s website. The Nigerian currency had traded at N1,369/$ […]

Business

Airtel, FUGAZ banks drive NGX recovery rally

The Nigerian equities market sustained its recovery for a second consecutive session on Tuesday, June 23, 2026, gaining N1.64 trillion in market capitalisation as renewed buying interest in blue-chip stocks and insurance counters lifted the benchmark index. Trading data from the Nigerian Exchange showed that the All-Share Index advanced by 1.06 per cent to close […]

Sport

NPFL champions to earn N1bn as NSC raises winners prize

The champions of the 2026/2027 Nigeria Professional Football League will receive a minimum prize money of N1 billion, the highest financial reward in Nigerian domestic football. Vanguard reported that the chairman of the National Sports Commission, Shehu Dikko, stated this while addressing newsmen after a high-level strategic meeting of the commission and the Nigeria Football […]

Oil and Gas

Dangote Refinery denies exporting fuel for reimportation

The management of Dangote Petroleum Refinery and Petrochemicals has noted with concern the circulation of unfounded and misleading claims suggesting that its petroleum products are exported to Lomé and subsequently re-imported into Nigeria. The company said in a statement that, as a matter of policy, it does not engage with baseless allegations, but it considered […]

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