Business

NGX gains ₦237.8bn as FUGAZ banking stocks lead

  • 8th August 2026

X scraps revenue sharing, unveils original content rewards

  • 8th August 2026

Spain to impose border controls on Italian passengers

  • 8th August 2026

Burger King regains second spot in US burger

  • 8th August 2026

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NGX gains ₦237.8bn as FUGAZ banking stocks lead Friday

Business

FG unveils unified regulatory framework for crypto industry

Policy and Regulations

X scraps revenue sharing, unveils original content rewards programme

Business featured

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

Business

Blog

Business

Digital innovation key to Nigeria’s capital market growth – SEC

The Securities and Exchange Commission has emphasized that technology plays a vital role in boosting investor confidence and transforming Nigeria’s capital market. Director-General, Emomotimi Agama, stated this in a message marking the 2025 Customer Service Week. In a statement issued in Abuja on Sunday, Agama said the Commission is adopting digital innovation as a core […]

Aviation

EU begins automated border checks for non-EU travellers

Beginning Sunday, non-EU visitors entering Europe’s Schengen area will be photographed and fingerprinted under a new automated border control system. The European Union said the long-delayed Entry/Exit System is designed to replace manual passport stamping and enhance information-sharing among its 27 member states. By digitally recording travellers’ entry and exit dates, the system aims to […]

Scams

EFCC warns businesses against tax evasion, financial malpractices

The Economic and Financial Crimes Commission has issued a stern warning that tax evasion, the submission of false declarations, and other financial malpractices are not just illegal but constitute a grave disservice to the nation. This was stated by the Commission’s Acting Zonal Director for the Kano Zonal Directorate, Sa’ad Hanafi, during a one-day sensitization […]

News

Two arrested at Lagos airport with undeclared foreign currencies

The Economic and Financial Crimes Commission has launched an investigation into two travellers, identified as Mamud Nasidi and Yahaya Nasidi, who were found in possession of undeclared foreign currencies totalling over $6,000 and £53,000 at the Murtala Muhammed International Airport, Terminal 2, in Lagos. The anti-graft agency confirmed the development in a statement posted on […]

Netflix to roll out games for TVs, laptops
Business

Netflix considers bid for champions league broadcast rights

Netflix may be preparing to make its boldest move yet into live sports broadcasting, with reports suggesting the streaming giant is considering a bid for global rights to one UEFA Champions League match per round starting from the 2027–28 season. The plan would give Netflix access to a premier fixture each round, marking a major […]

Anambra bans advertisement of herbal medicine
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NAFDAC, NNMDA partner to standardize herbal medicines

The National Agency for Food and Drug Administration and Control has announced a strategic partnership with the Nigeria Natural Medicine Development Agency in a significant move to advance the development of safe, effective, and scientifically validated herbal medicines in Nigeria. This collaboration is aimed at ensuring that indigenous herbal products meet international safety and efficacy […]

Cooking gas price increased by 39% one year - NBS
News

Retailers deny claims of manipulating cooking gas prices

The Liquefied Petroleum Gas Retailers Association of Nigeria has disassociated its members from the ongoing hike and scarcity of cooking gas nationwide, maintaining that retailers are not to blame for the price surge. Speaking in Lagos on Saturday, LPGAR Chairman, Mr. Ayobami Olarinoye, said that the rising prices stem from supply constraints, not manipulation by […]

Banking

Wikki Air signs MoU with Bauchi to begin flight operations

A new Nigerian airline, Wikki Air Limited, has entered into a Memorandum of Understanding with the Bauchi State Government to launch flight operations from the state, covering both domestic and international routes. The Managing Director and Chief Executive Officer, Mrs. Eugenia Ndukwe, this this disclosure at the 2025 Bauchi Investment Summit, revealing that the airline, […]

Nigeria excluded as Trump hosts African leaders in Washington
Business

Trump threatens fresh tariffs on China amid trade tension

President Donald Trump has announced plans to impose an additional 100 per cent tariff on Chinese goods, on top of the existing 30 per cent duties, effective November 1 or earlier. The move marks a major escalation following months of relative calm in United States–China trade relations. “The United States of America will impose a […]

Business

Nigeria’s domestic debt servicing hit N1.71tr in Q2 2025

Nigeria’s domestic debt servicing climbed to N1.71 trillion in the second quarter of 2025, covering the period from April to June This was revealed in the latest data published by the Debt Management Office on its official website. The DMO report revealed that interest payments across multiple debt instruments accounted for the bulk of the […]

Business

Finance ministry denies halting agencies’ cost-of-collection deductions

The Federal Ministry of Finance has dismissed reports claiming that the Federal Government has halted revenue-generating agencies from deducting their cost of collection at source. In a statement posted on X on Friday, the Ministry described the reports as “inaccurate and misleading,” stressing that the existing cost-of-collection framework remains unchanged. The clarification, signed by Mohammed […]

Crypto Market sheds $130bn amid Trump tariff
Crypto featured

Crypto market loses $500b after Trump’s tariff warning

President Donald Trump’s threat of tariffs on China triggered a massive sell-off in the cryptocurrency market, wiping out over $500 billion as total market capitalisation fell from $4.25 trillion to below $3.75 trillion. Bitcoin led the decline, briefly dropping to $109,683—a near 10 per cent loss in 24 hours. Ethereum slid from an intraday high […]

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