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Nigeria secures $155m clean energy investments

  • 26th July 2026

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  • 25th July 2026

US imposes new tariffs on UK, Canada, others

  • 24th July 2026

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Tech

EU intensifies Meta probe over alleged child addiction concerns

The European Union is preparing to intensify its investigation into Meta Platforms, alleging that its services are designed in ways that may be addictive to children, amid growing regulatory pressure on the US tech giant. The European Commission, the EU’s executive arm, is expected to release preliminary findings accusing Facebook and Instagram of employing manipulative […]

Tech

Oracle cuts 21,000 jobs as AI restructuring accelerates globally

Oracle reduced its workforce by approximately 21,000 employees over the past year, representing nearly 13 per cent of its staff, as major technology companies continue to streamline operations amid the growing adoption of artificial intelligence. In its annual regulatory filing released on Monday, Oracle reported that it employed 141,000 full-time workers as of May 2026, […]

Appointments

Heineken appoints Rafael Oliveira as new CEO

Dutch brewer Heineken said Tuesday that it had picked Rafael Oliveira, formerly of the coffee giant JDE Peet’s, to take over as chief executive following the January exit of his predecessor. His nomination, subject to shareholder approval, comes as the brewer is facing lower beer sales after six years under CEO Dolf van den Brink, […]

Technology

Nigerian Economic Society partners Ogun govt for data-driven governance

The Ogun State chapter of the Nigerian Economic Society has proposed a partnership with the state government to strengthen data-driven governance, policy implementation, and accountability through capacity-building initiatives for public servants. NES, according to a statement made available to The PUNCH on Tuesday, said that the partnership could be in the form of a capacity-building […]

Opinion

SERAP gives NASS seven days to refund ₦110bn vehicle funds

The Socio-Economic Rights and Accountability Project has issued a seven-day ultimatum to Senate President Godswill Akpabio and Speaker of the House of Representatives, Tajudeen Abbas, to refund N110 billion vehicle procurement and support allowances given to lawmakers to the nation’s treasury following a Federal High Court judgment declaring the scheme unlawful. SERAP stated this in […]

featured News

Presidency slams Obi’s call for Tinubu resignation, cites economic, security gains

The Presidency on Monday formally reacted to former governor of Anambra State and chieftain of the Nigeria Democratic Congress, Mr. Peter Obi’s call on President Bola Tinubu to emulate former British Prime Minister, Keir Starmer, and resign forthwith from office. Presidential spokesperson, Bayo Onanuga, in a strongly worded statement described Obi’s call for Tinubu’s resignation […]

featured

Nigeria, eight others account for 83% of global gas flaring – Report

Nigeria remained one of the world’s largest gas-flaring countries in 2025, ranking among the nine nations responsible for 83 per cent of global gas flaring. This was disclosed in the World Bank’s Global Gas Flaring Tracker Report, released on Tuesday. The report identified Russia, Iran, Iraq, Venezuela, Mexico, Libya, Algeria, Nigeria, and the United States […]

Business

Lagos rejects claims of handing environmental enforcement to NURTW

The Lagos State Government has denied reports claiming it has handed over environmental enforcement duties from the Lagos State Environmental Sanitation Corps, also known as KAI, to the National Union of Road Transport Workers. In a statement issued on Tuesday, June 23, the Commissioner for Environment and Water Resources, Tokunbo Wahab, clarified the position via […]

featured Investment

Fidson commends BoI for concessionary pharmaceutical financing

Fidson Healthcare Plc has commended the Bank of Industry for providing concessionary financing that has supported the growth of pharmaceutical manufacturing in Nigeria. Vanguard reported that the commendation followed a visit by delegations from the European Investment Bank and BoI to Fidson’s manufacturing facility in Sango-Ota, Ogun State. The visit was part of the implementation […]

Banking featured

Wema Bank secures ₦78.5bn EIB facility for SME empowerment

Wema Bank has secured a Euro 50 million (N78.5 billion) financing facility from the European Investment Bank’s development arm, EIB Global, to expand access to credit for small and medium-sized enterprises, with a strong focus on women- and youth-owned businesses. The agreement, signed in Lagos, marks the first transaction between EIB Global and Wema Bank. […]

News

Lagos launches waste police to enforce clean motor parks

The Lagos State Government has commenced enforcement actions against waste dumping on roads, directing motor parks and garages across the state to maintain proper sanitation and ensure appropriate waste disposal. Vanguard reported that this was disclosed by the Lagos State Commissioner for Transportation, Oluwaseun Osiyemi, during a meeting with stakeholders at the ministry over the […]

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