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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

Aviation

European airports rush to restore operations after major cyberattack

Several of Europe’s busiest airports, including London Heathrow, scrambled to restore normal operations on Sunday after a cyberattack crippled automatic check-in systems. The attack, which struck on Saturday, targeted Collins Aerospace — the RTX-owned provider of check-in and boarding systems, and caused widespread disruption at Heathrow, Berlin, and Brussels airports, forcing passengers into long queues, […]

Aviation

Over 200 flights canceled, 2,700 delayed in US travel chaos

Air travel across the United States was thrown into disarray as more than 200 flights were canceled and over 2,700 delayed, stranding thousands of passengers. The disruptions, concentrated in Dallas, Chicago, Los Angeles, and Miami, followed a major technical failure that crippled air traffic control systems. American Airlines, SkyWest, and United were among the hardest-hit […]

Trump signs executive order establishing US Bitcoin reserve
Business featured

Trump’s new H-1B visa fees spark chaos for banks, tech firms

United States tech firms and banks scrambled this weekend after President Donald Trump imposed new fees on H-1B visa applications, prompting panic among skilled workers from India and China. Employers issued urgent memos instructing staff abroad to return before the rule took effect at 12:01 a.m. Eastern Time on Sunday and to avoid further international […]

Business

PenCom to expand pension coverage in informal sector

The National Pension Commission has unveiled new measures to boost pension inclusion in Nigeria’s informal sector by partnering with super agents and fintech platforms to streamline enrollment into the revamped Personal Pension Plan. The disclosure was made at the 2025 Annual Conference of the Nigerian Association of Insurance and Pension Editors, themed “Strengthening Insurance and […]

Business Uncategorized

Nigeria’s oil output drops as NUPRC cites unscheduled maintenance

The Nigerian Upstream Petroleum Regulatory Commission has attributed the country’s dip in crude oil output to an unscheduled one-day maintenance shutdown at an oil facility. NUPRC’s Head of Media and Strategic Communications, Eniola Akinkuotu, said in a statement on Saturday that the disruption caused production to slip below Nigeria’s Organisation of Petroleum Exporting Countries quota […]

Conferences featured

Shettima to lead Nigeria’s delegation to 80th UNGA in US

Vice President Senator Kashim Shettima will lead Nigeria’s delegation to the 80th Session of the United Nations General Assembly, scheduled to open on September 23, 2025, in New York, United States. The Ministry of Foreign Affairs announced that Shettima will be joined by Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, alongside other Ministers and […]

Umahi threatens MTN over Enugu-Onitsha road, orders N15bn monthly payment
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Abuja-Kaduna-Kano road must be completed in 14 months, Umahi insists

The Minister of Works, David Umahi, has directed contractors handling various sections of the N761 billion Abuja-Kaduna-Kano Road to adhere to agreed timelines for the project’s completion. Umahi emphasized the project’s importance for regional development during an inspection tour of the Abuja-Kaduna section on Saturday. He was accompanied by Minister of State, Bello Goronyo, and […]

Providus Bank vows to encourage non-oil export
Business

Felak Group denies involvement in $7m Providus Bank scandal

Felak Group has denied reports linking its Chief Executive Officer, Dr. Aisha Achimugu, and its subsidiary, Oceangate Engineering Oil & Gas, to a $7 million cash transaction tied to Providus Bank. The company described the claims as false, misleading, and deliberately crafted to smear its reputation. According to Felak Group, the allegations appear calculated to […]

Business

Rivers lagging in foreign investment, jobs, says Tonye Cole

Tonye Cole, former governorship candidate of the All Progressives Congress in Rivers State, has expressed concern over the state’s economic decline. Speaking on News Central Television’s Politics HQ on Friday, Cole said Rivers has significantly lagged behind other parts of the country in attracting investment and generating employment. He noted that FDI inflows into Rivers […]

News

Flood: China donates 1,000 family kits to Nigerian Red Cross

The Red Cross Society of China has donated 1,000 family kits to the Nigerian Red Cross Society to support communities affected by recent flooding across Nigeria. The handover ceremony took place at the Nigerian Red Cross Society National Headquarters in Abuja, marking a significant humanitarian collaboration between the two countries. Minister of the Chinese Embassy […]

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