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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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

News

FG arraigns Sowore over alleged false X, Meta posts against Tinubu

The Federal Government has arraigned human rights activist and publisher, Omoleye Sowore, on a five count for allegedly making false posts against President Bola Tinubu on social media. The suit, filed before the Federal High Court in Abuja, also lists X (formerly Twitter) and Meta (owners of Facebook and Instagram) as co-defendants. According to the […]

Transportation

NRC launches online ticketing for Abuja–Kaduna Train Service

The Nigerian Railway Corporation has announced the activation of its online ticketing platform for the Abuja–Kaduna Train Service, now available for payments. This was disclosed in a statement on Tuesday in Lagos by the NRC’s Chief Public Relations Officer, Mr. Callistus Unyimadu. He noted that passengers are advised to book their tickets online ahead of […]

Tech

DeepSeek unveils new AI model with efficiency-focused V3.2-exp

Chinese startup DeepSeek has unveiled a new experimental model, DeepSeek-V3.2-Exp, designed to boost efficiency and improve large-scale data handling at a fraction of the cost. The launch, announced Monday on AI forum Hugging Face, builds on its current model DeepSeek-V3.1-Terminus and underscores the company’s mission to make AI systems faster and less resource-intensive. DeepSeek first […]

92 million Nigerians without access to electricity - FG
Electricity

Power supply drops below 4,000MW amid Dangote-PENGASSAN rift

Nigeria’s power supply has dropped below the 4,000 megawatt threshold on Tuesday morning due to a strike by oil and gas workers over a dispute with Dangote Petroleum Refinery. The face-off between the Petroleum and Natural Gas Senior Staff Association of Nigeria and the $20 billion Dangote Refinery stems from the reported sack of 800 […]

News

FIRS exempts food, education from value-added tax

Nigeria’s tax landscape is undergoing a historic overhaul, with the Federal Inland Revenue Service exempting food, education, shared transportation, and agriculture from value-added tax. The reforms, described as the most significant fiscal transformation since independence, aim to ease the burden on citizens and businesses while improving government revenue collection. The Executive Chairman of FIRS, Zacch […]

featured Oil and Gas

Dangote Refinery, PENGASSAN talks end in deadlock

The reconciliation meeting between the Petroleum and Natural Gas Senior Staff Association of Nigeria and the management of Dangote Petroleum Refinery ended in a deadlock. The meeting, convened by the Federal Government, started at approximately 4 p.m. on Monday and lasted for about nine hours into the early hours of Tuesday. Minister of Labour and […]

Nigeria excluded as Trump hosts African leaders in Washington
Tech

YouTube to pay $24.5m in Trump account suspension settlement

YouTube has agreed to pay $24.5 million to settle a lawsuit over the suspension of President Donald Trump’s account after the January 6, 2021, United States Capitol riots. The settlement, filed Monday in the U.S. District Court for the Northern District of California, states it does not admit liability or fault by YouTube or related […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira appreciates to N1,500 in parallel market

The Naira on Monday appreciated to N1,500 per dollar in the parallel market from N1,510 per dollar last weekend. However, the Naira depreciated to N1,480.15 per dollar in the Nigerian Foreign Exchange Market. Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira rose to N1,480.15 per dollar […]

Aviation

Royal Air Maroc clears penalty for passenger rights breach – NCAA

The Nigerian Civil Aviation Authority has confirmed that Royal Air Maroc has settled the sanction fee earlier imposed on the airline for consumer protection violations. The announcement was made on Monday by NCAA’s Director of Public Affairs and Consumer Protection, Michael Achimugu, via his official X account. “Glad to announce that Royal Air Maroc has […]

Business

Nigeria, US explore stronger collaboration on consumer protection

The Federal Competition and Consumer Protection Commission has engaged the United States Embassy in Abuja in discussions aimed at strengthening consumer protection ties between both countries. In a statement on X on Monday, the commission said the talks focused on enhancing Nigeria–US collaboration to advance consumer protection. “Federal Competition and Consumer Protection Commission (FCCPC), led […]

The Federal Government, through the Debt Management Office, has announced plans to reopen two tranches of its savings bonds worth a combined N350 billion for public subscription.
Business

FGN targets N200bn from September bond auction

The Debt Management Office has announced the Federal Government’s N200bn bond issuance for subscription at its September 2025 auction. The offer, which opened on September 29, includes a N100bn 17.945% FGN August 2030 bond (five-year reopening) and a N100bn 17.95% FGN June 2032 bond (seven-year reopening). Settlement is scheduled for October 2, 2025, with a […]

News

BOI strengthens data protection with ISO certification

The Bank of Industry has achieved a significant milestone in its commitment to global best practices by receiving the ISO/IEC 27701:2019 certification for Privacy Information Management Systems. This certification, issued by the British Standards Institution, extends the bank’s existing ISO/IEC 27001:2022 certification, which was first obtained in 2019. The ISO/IEC 27701:2019 standard aligns with key […]

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