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

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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

US embassy suspends routine X updates amid government shutdown

The United States Embassy in Nigeria announced it will pause routine updates on its official X (formerly Twitter) account due to the ongoing U.S. government funding impasse. In a statement on Wednesday, October 1, the Embassy said the suspension stems from a “lapse in appropriations,” a diplomatic term for the partial U.S. government shutdown after […]

Electricity

Nigeria@65: Experts urge FG to resolve electricity liquidity crisis

As Nigeria marks 65 years of independence, stakeholders in the power sector have voiced concerns over ongoing financial challenges affecting the country’s electricity value chain, urging the government to intervene. In an interview in Lagos on Tuesday, they highlighted liquidity constraints as the main barrier to delivering stable and reliable power to millions of Nigerians, […]

Business

PENGASSAN to suspend nationwide strike after FG’s intervention

The Petroleum and Natural Gas Senior Staff Association of Nigeria will suspend its nationwide strike after the Federal Government intervened in its dispute with Dangote Petroleum Refinery management. The truce was confirmed in a statement signed by the Minister of Labour and Employment, Dr. Muhammad Maigari-Dingyadi, following a two-day conciliation meeting in Abuja on Monday […]

featured News

Nigeria’s worst is over, Tinubu declares in Independence Day

President Bola Ahmed Tinubu has declared that the worst of Nigeria’s economic challenges is over, citing the results of the painful economic reforms introduced under his administration. In his Independence Day broadcast, Tinubu stated, “I am pleased to report that we have finally turned the corner. The worst is over, I say. “Yesterday’s pains are […]

United States Flag attached to a building
Economy featured

US govt faces shutdown over funding bill failure

The United States government has shut down after Democrats and Republicans in Congress failed to reach an agreement on a vital funding bill. The shutdown will temporarily halt some US government services and put the salaries of government employees on hold – or even end them altogether. The disagreement is over a short-term spending bill […]

NAFDAC cuts licensing fees by 65%
featured Helth

NAFDAC delists flagyl, 100 other drugs from Nigerian market

The National Agency for Food and Drug Administration and Control has announced the delisting of 101 drugs from circulation in Nigeria. The agency stated that the affected products are no longer permitted for manufacturing, importation, exportation, distribution, advertisement, sale, or use in the country. NAFDAC explained that some of the products were withdrawn voluntarily at […]

Oil and Gas

Dangote Refinery operations unaffected by PENGASSAN strike

Dangote Petroleum Refinery has continued to operate despite a nationwide strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria, which has disrupted logistics and heightened tensions in the oil sector. The industrial action, which began on Sunday, has already attracted the attention of the Nigeria Labour Congress, PENGASSAN’s parent body, raising fears […]

Pensioners lament FG’s decision to scrap PTAD
News

PTAD announces new pension increments for 832,000 pensioners

The Pension Transitional Arrangement Directorate has announced the start of implementation of new pension increments for pensioners under the Defined Benefit Scheme. The adjustments will be reflected in the September 2025 payroll cycle and include a fixed N32,000 payment alongside percentage increases of 10.66 per cent and 12.95 per cent for eligible categories. This will […]

featured News

Court adjourns Sowore’s cybercrime case to October 27

The Federal High Court in Abuja has adjourned the arraignment of Omoyele Sowore, publisher of Sahara Reporters, to October 27. Justice Mohammed Umar granted the adjournment to allow Sowore time to prepare his defense. Sowore is facing a five-count charge filed by the Department of State Services on behalf of the Federal Government, alongside X […]

Conferences

Nigeria’s ocean resources under threat, says Oyetola

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has highlighted pollution, overfishing, climate change, and neglect as significant threats to the sustainability of the ocean. Speaking at the 2025 World Maritime Day celebration in Lagos, themed “Our Ocean, Our Obligation, Our Opportunity,” Oyetola emphasized the need for maritime stakeholders to take action. He stated, […]

Suspect arraigned for allegedly stealing N1.1bn from Moniepoint
Opinion

Africa’s financial future will be shaped locally — Moniepoint

Moniepoint Microfinance Bank believes that the future of Africa’s financial system will be shaped within the continent through homegrown innovation, effective regulation, and informed journalism. The bank’s Chief Executive, Babatunde Olofin, emphasized this at the 2025 annual conference of the Finance Correspondents Association of Nigeria, themed “Bracing for the Digital Economy in Nigeria: Taxation, Banking […]

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