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Nigeria risks losing $1.4bn US aid over Christians persecution

Finance

NGX urges Tinubu to support fintech’s domestic listing

Policy and Regulations

NGX gains ₦237.8bn as FUGAZ banking stocks lead Friday

Business

FG unveils unified regulatory framework for crypto industry

Policy and Regulations

Blog

Business featured

NNPCL warns of heavy losses from PENGASSAN strike

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bashir Ojulari, has raised alarm over significant crude and gas output losses caused by the three-day strike of the Petroleum and Natural Gas Senior Staff Association of Nigeria. In a letter dated September 29, 2025, and addressed to the Nigerian Midstream and Downstream […]

Microsoft sharepoint cyberattack hits 400 victims - Researchers
Tech

Microsoft shifts AI strategy with integrated subscription offer

Microsoft announced Wednesday that it will discontinue its standalone consumer AI subscription and instead launch a new bundle that merges AI tools with its productivity apps. The company had introduced Copilot Pro at $20 per month earlier in 2024, while Microsoft 365 Family, covering up to six users with 6 terabytes of cloud storage, costs […]

Snapchat gains 11m users worldwide
Tech

Snapchat to charge users for old post storage

Snapchat has rolled out paid storage plans for its Memories feature, first launched in 2016 to let users save snaps beyond the standard 24-hour limit. The change targets users with more than 5GB of saved content. While most users remain under that cap, those with thousands of stored photos and videos will now need to […]

Seven banks paid N392.53bn in taxes in first half of 2024
News

Edo laments tax evasion, revenue loss to Delta

Stakeholders in Edo State, including commissioners, senior civil servants, and members of the judiciary, have lamented the continued loss of revenue through tax evasion. It was revealed that many people working in Edo State pay their taxes to the Delta State government. The Edo State Inland Revenue Service has adopted a Treasury Single Account to […]

Sterling Holdings reports 102% 2024 profit, ₦43.68bn earnings
Banking featured

Sterling Bank removes account maintenance fees

Sterling Bank has announced the removal of account maintenance fees on all personal accounts, calling it a “gift” to Nigerians as the country celebrates its 65th Independence Day. This move comes just six months after the bank scrapped transfer fees on local online transactions. According to Sterling Bank’s Managing Director, Abubakar Suleiman, the decision aims […]

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

Aiyedatiwa hails Tinubu’s economic reforms

Ondo State Governor, Lucky Aiyedatiwa, has commended President Bola Tinubu for his bold economic reforms, social re-engineering, and massive infrastructural developments. Speaking on Wednesday during Nigeria’s 65th independence anniversary celebration in Akure, Aiyedatiwa described Tinubu as a visionary leader who will take the country to the next level with his Renewed Hope initiatives. The governor […]

News

Fuel subsidy removal was necessary – Tinubu

President Bola Tinubu has defended his decision to end fuel subsidy, describing it as a necessary step to rescue the economy and redirect Nigeria’s wealth to benefit ordinary citizens. In his Independence Day broadcast, Tinubu recalled inheriting a “near-collapsed economy” and said tough choices had to be made. “As a new administration, we faced a […]

featured

JUST IN: PENGASSAN calls off industrial action amid unresolved disputes

The Petroleum and Natural Gas Senior Staff Association of Nigeria has suspended its nationwide strike. PENGASSAN President, Festus Osifo, announced the suspension at a press conference in Abuja, explaining that the decision came after a meeting with the National Security Adviser and the management of Dangote Refinery. Osifo acknowledged that some “grey areas” remain in […]

Nigeria excluded as Trump hosts African leaders in Washington
Economy featured

Trump blames democrats as US govt shutdown begins

The United States government has shut down after lawmakers and President Donald Trump failed to break a budget impasse during acrimonious talks that hinged on Democratic demands for health care funding. The shutdown, which began at 12:01 am Wednesday, will stop work at multiple federal departments and agencies, impacting hundreds of thousands of government workers […]

FIRS announces new TAXPR-MAX platform for CbCR
Business

ATAF backs Nigeria’s new tax reforms

The African Tax Administration Forum on Tuesday expressed strong support for Nigeria’s recent tax reforms, which led to the enactment of new tax laws. Describing the reforms as vital for economic growth and development, ATAF conveyed its commendation through its newly appointed Executive Secretary, Ms. Mary Baine, during a visit to the FIRS Chairman, Dr. […]

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

Dangote to reinstate workers after FG’s reconciliation

Dangote Group has agreed to redeploy employees dismissed by its subsidiary, Dangote Petroleum Refinery, following reconciliation meetings brokered by the Ministry of Labour and Employment. The resolution, announced Wednesday, comes after talks held Monday and Tuesday between Dangote Group founder Aliko Dangote, representatives of the Petroleum and Natural Gas Senior Staff Association of Nigeria, and […]

Business

Oil prices fall amid OPEC+ production increase, Iraq exports

Nigerian crude dipped early this week after OPEC+ indicated a modest production increase for November and northern Iraq resumed exports, raising concerns of a potential oversupply despite elevated prices. Bonny Light hovered around $69 per barrel as oil prices fell sharply at the start of the week. Reports suggest that the eight OPEC+ members who […]

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