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

Airtel Nigeria to Build West Africa’s largest data centre to rival MTN
Business

Airtel Africa Foundation to impact 10m lives by 2030

The Airtel Africa Foundation, in collaboration with UNICEF, has unveiled a plan to directly impact over 10 million lives across the continent by 2030 through education, digital inclusion, environmental sustainability, and financial literacy programs. The announcement was made at a press conference in Lagos State, where the foundation was formally launched. Chief Executive Officer of […]

Technology

Tango Brook launches fuel card for individuals, businesses

Tango Brook Technologies has launched the Tango Fuel Card, a digital fuel management system designed to provide individuals and corporate customers with greater transparency, control, and rewards in managing fuel expenditure. The Tango Fuel Card offers access to physical payment cards accepted at fuel stations nationwide, as well as tools, detailed reports, analytics, and devices […]

Banking

14 banks meet new capital requirement – CBN

The Central Bank of Nigeria has announced that 14 Nigerian banks have fully met the new capital requirement in the ongoing recapitalization exercise. CBN Governor Yemi Cardoso disclosed this while presenting a communiqué from the 302nd meeting of the Monetary Policy Committee in Abuja. The CBN had introduced a new minimum capital base requirement for […]

Policy and Regulations

Proposed tax stamp system could worsen inflation, MAN warns

The Manufacturers Association of Nigeria has expressed concerns that the proposed introduction of a Tax Stamp System for excisable goods could worsen inflation, erode consumer demand, and weaken Nigeria’s competitiveness under the African Continental Free Trade Area. According to MAN, the extra compliance costs from tax stamps would inevitably be passed on to consumers, many […]

Aviation

NANTA confident FG will curb travel market suppression

The National Association of Nigerian Travel Agencies expressed confidence that the Federal Government’s intervention will curb market suppression in the country’s travel industry, praising the Ministry of Aviation for measures designed to safeguard fair competition and foster sector growth. NANTA President Yinka Folami said the Association’s proposals have been positively received by the authorities. “The […]

Business

NUPRC withdraws approval for TotalEnergies’ SPDC stake sale

The Nigerian Upstream Petroleum Regulatory Commission has withdrawn its earlier approval for TotalEnergies to sell its minority stake in Shell Petroleum Development Company of Nigeria, delivering a setback to the French oil major’s plans to offload aging assets and reduce debt. Reuters reported on Tuesday that the move disrupts TotalEnergies’ strategy to divest mature, high-emission […]

Court Rules FirstBank-GHL dispute Is debt recovery, not maritime claim
Banking

FirstBank unveils tailored banking services for people with disabilities

FirstBank has unveiled plans to roll out specialized financial services for Persons Living with Disabilities. According to a statement on Tuesday, the initiative reflects the bank’s ongoing commitment to fostering financial inclusion and diversity. It is designed to support customers who are blind, partially sighted, or physically challenged across its operations. The move aligns with […]

Naira closes week stronger at N1,534.72/$ 
featured Finance

Naira appreciates to N1,518 in parallel market

The Naira on Tuesday appreciated to N1,518 per dollar in the parallel market from N1,520 per dollar on Monday. However, the Naira depreciated to N1,493.2 per dollar in the Nigerian Foreign Exchange Market. Data published by the Central Bank of Nigeria showed that the exchange rate for the naira rose to N1,493.2 per dollar from […]

Reps reject 178bn NPA bad debt petition
Maritime

APM Terminals, NPA sign MoU to electrify container freight

West Africa Container Terminal, a unit of APM Terminals Nigeria, has signed a Memorandum of Understanding with the Nigerian Ports Authority to develop a roadmap for electrifying containerised freight in line with the Federal Ministry of Marine and Blue Economy’s policies. In a statement on Tuesday, APMT said it will fund the $60 million project, […]

Kenya clears Moniepoint’s acquisition of Sumac Microfinance Bank
Tech

Moniepoint named among UK’s leading fintechs

Moniepoint Inc., a Nigerian-founded fintech, has been recognized by CNBC as one of the United Kingdom’s leading fintech companies, marking a fresh milestone in its global growth journey. The company, which ranks among Africa’s largest business payments and digital banking platforms, earned its place on the CNBC list compiled with market research firm Statista. The […]

FG defends award of Lagos-Calabar coastal highway to Hitech
Business

FG urged to invest in innovation for sustainable infrastructure

The Federal Government has been advised to prioritise massive investment in innovation as a pathway to sustainable infrastructure development. In a statement, a concrete engineer engaged in advanced research for the U.S. Federal Aviation Administration, Isaac Oyawoye, stressed that with Nigeria facing decaying roads and failing airport runways, innovation must be placed at the heart […]

YouTube to tighten monetization rules to combat AI-generated content
Tech

YouTube to let banned accounts apply for reinstatement

YouTube said Tuesday it will begin allowing banned accounts to apply for reinstatement, easing a policy that had imposed permanent bans. The update covers channels taken down for spreading Covid-19 or election misinformation, Alphabet attorney Daniel Donovan wrote in a letter to United States House Judiciary Chair Jim Jordan. Such violations were previously punishable with […]

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