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

Two Chinese charged for shipping US AI chips to China
Tech

Nvidia to invest $100b in OpenAI for AI data centres

Nvidia announced on Monday that it will invest $100 billion in OpenAI, supporting the lab’s plan to develop massive data centers powered by Nvidia’s AI processors. According to both companies, OpenAI intends to build and deploy Nvidia-based systems with a power demand of 10 gigawatts—a scale that underscores the enormous energy needs of the world’s […]

Economy featured

Nigeria’s GDP grows by 4.23% in Q2 2025

Nigeria’s Gross Domestic Product grew by 4.23 per cent in the second quarter of 2025, according to the National Bureau of Statistics. This growth rate is higher than the 3.48 per cent recorded in the second quarter of 2024 and the 3.13 per cent posted in the first quarter of 2025. The NBS attributed the […]

ICAN, NGX RegCo to partner on corporate governance
News

ICAN cracks down on exam malpractice after viral video

The Institute of Chartered Accountants of Nigeria has reiterated its zero-tolerance stance on examination malpractice following a viral video alleging impersonation during one of its examinations. A video surfaced showing suspected proxies caught impersonating candidates during the ICAN examination, with one man identified as Kay alleged to be sitting on behalf of a bank manager, […]

How banks sent 'charming' ladies to lure my interest — Otedola
Business

Otedola defends Dangote amid dispute with marketers

Nigeria’s billionaire businessman, Mr. Femi Otedola, has weighed in on the ongoing fuel supply disagreement between the Dangote Refinery and the Depot and Petroleum Products Marketers Association of Nigeria, urging the association to embrace innovation or risk obsolescence. In a statement addressing recent developments in the downstream oil and gas sector, Otedola said he had […]

News

Milan fashion week honours late Giorgio Armani’s legacy

Milan Fashion Week is set to kick off on Tuesday, with the late Giorgio Armani’s final collections taking center stage. The legendary designer, who passed away earlier this month at 91, will be remembered through his last collection, which will be showcased at Milan’s prestigious Pinacoteca di Brera art museum. The event will also feature […]

Aviation

Ransomware attack behind European airports disruptions – EU

The European Union’s cybersecurity agency, said on Monday that a ransomware attack was responsible for the airport disruptions that began across Europe over the weekend. “ENISA is aware of the ongoing disruption of airports’ operations, which were caused by third-party ransomware incident. At this moment, ENISA cannot share further information regarding the cyberattack,” the agency […]

Dangote refinery to begin fuel distribution with 4,000 CNG trucks
Oil and Gas

Dangote ‘illegal’ free fuel threatens middlemen suppliers – NARTO

The Dangote refinery’s direct fuel distribution scheme has led to bulk fuel consumers and filling stations abandoning their middlemen suppliers in favor of Dangote’s free delivery. According to Yusuf Othman, President of the National Association of Road Transport Owners, buyers have jettisoned contracts signed with his members to receive free delivery from Dangote. Othman explained […]

featured Investment

Egyptian billionaire Nassef Sawiris plans $50bn US investment

Egypt’s wealthiest man, Nassef Sawiris, is planning a significant restructuring of his business empire, with a focus on investing up to $50 billion in United States infrastructure projects. Sawiris, who also owns English Premier League side Aston Villa, is close to finalizing the breakup of his Dutch-listed chemicals and fertilizer group, OCI Global. The group […]

News

NDLEA intercepts heroin, cocaine, meth in Lagos, Edo, others

The National Drug Law Enforcement Agency has made significant strides in combating drug trafficking in Nigeria, intercepting large consignments of heroin, cocaine, methamphetamine, skunk, and opioids in multiple operations across the country. Two returnees from Brazil, Ofoma Sunday and Ukachukwu Frank Ikechukwu, were arrested at the Murtala Muhammed International Airport in Lagos after excreting a […]

News

FG to resolve ownership disputes in N’Delta oil, gas fields

The Federal Government has begun verifying disputed and newly drilled crude oil and gas fields in the Niger Delta to settle ownership claims and guarantee fair revenue distribution to producing states. Addressing journalists in Asaba, the Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, Dr. Mohammed Shehu, said the exercise is a constitutional requirement […]

Tech

Google faces fresh legal battle over digital ad dominance

After beating back a United States Justice Department challenge to its search monopoly, Google is now confronting a new legal test targeting its grip on digital advertising. The case, opening Monday in federal court in Alexandria, Virginia, centers on allegations that Google’s ad technology amounts to an illegal monopoly. U.S. District Judge Leonie Brinkema has […]

Aviation

Air Tanzania opens direct link between Lagos, Dar es Salaam

Air Tanzania has inaugurated direct flights between Dar es Salaam and Lagos, opening a new corridor for trade, tourism, and cultural exchange between Nigeria and Tanzania. The route was unveiled at a ceremony in Lagos attended by officials from both governments, as well as representatives from the tourism, logistics, and diaspora communities. The carrier said […]

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