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

Lagos deputy gov donates ICT centre to alma mater

Lagos State Deputy Governor, Dr. Obafemi Hamzat, has donated an Information and Communication Technology centre to his alma mater, emphasizing the importance of computer literacy for children to compete effectively in today’s global environment. He made this remark while inaugurating a state-of-the-art Information and Communication Technology Centre at his alma mater, Odu Abore Memorial Primary […]

FBI implicates Nigerians in $50m fraud scheme
featured Scams

Nigerian jailed 71 months in US for $1.6m romance scam

A United States-based Nigerian, Adetomiwa Akindele, has been sentenced to nearly six years in prison for a $1.6 million romance scam and will be deported to Nigeria after serving his time. The 37-year-old was ordered to pay $1,692,945 in restitution and a matching forfeiture judgment. Akindele posed as a wealthy Italian American businessman, “Frank Labato,” […]

News

Lawmakers seek NBS autonomy to improve data quality

The National Bureau of Statistics is on the path to gaining financial autonomy as lawmakers push for reforms to strengthen the agency’s independence and improve national data credibility. According to Rep. Gboyega Isiaka, Chairman of the House Committee on National Planning, the committee prioritizes guaranteeing adequate funding, transparency, and public confidence in NBS statistics for […]

US considers equity stakes in chipmakers under CHIPS act
Travel

Trump targets skilled worker visas with $100,000 levy

President Donald Trump on Friday signed a proclamation introducing a $100,000 annual fee on H-1B visa applications, a move that could significantly impact the United States tech sector, which depends heavily on skilled workers from India and China. U.S. Commerce Secretary Howard Lutnick said at a press briefing that “all the major companies” had already […]

Aviation

Heathrow, Brussels, Berlin hit by global airport system hack

A cyberattack has disrupted operations at several major European airports, including Heathrow, Brussels, and Berlin. The attack targeted a company that provides check-in and boarding systems for multiple airlines worldwide. With automated systems offline, staff at Brussels Airport said they have resorted to manual check-in and boarding procedures. “This has a large impact on the […]

South African billionaire Wiese sells Shoprite shares worth $49.5m
Business

Shoprite secures fresh investment to drive growth

Retail Supermarkets Nigeria Limited, operator of Shoprite in Nigeria, has secured new investor backing, signaling confidence in its long-term prospects and commitment to the local market. In a statement on Friday, the company said the fresh funding strengthens its capital base, enabling it to accelerate its turnaround strategy and usher in a renewed growth phase […]

Nigerian equities market surges with N1.33 trn gain
Business

Nigerian equities trading declines by 49.95% in August

Foreign and domestic investors’ equities trading declined by 49.95 per cent to N908.38 billion in August 2025, down from N1.815 trillion in July 2025. Despite this decline, the local equities market saw a marginal gain of 0.31 per cent month-on-month, closing at 140,295.49 points, while market capitalization increased by N344.6 billion to N88.8 trillion. According […]

Aviation

NCAA to sanction Qatar Airways over passenger rights abuse

The Nigerian Civil Aviation Authority has warned Qatar Airways against disregarding its regulations and mistreating Nigerian passengers. The warning comes after a Nigerian passenger was detained in Doha for 18 hours following an allegation of inappropriate conduct by a cabin crew member. Despite the passenger paying a hefty fine, Qatar Airways refused to fly him […]

Appointments

Nigerian Breweries appoints new finance director, non-executive director

Nigerian Breweries Plc has announced the appointments of Maria Karaseva and Guillaume Duverdier as Finance Director and Non-Executive Director, respectively. Duverdier replaces Sijbe “Siep” Hiemstra, a non-executive director who recently retired from the Board, while Karaseva replaces Bernardus A. Wessels Boer, who completed his assignment as Finance Director on August 31, 2025. According to the […]

Airtel
Business featured

Airtel Africa’s AI-powered service flags 205m messages in six months

Airtel Africa’s AI-powered spam detection service, Spam Alert, has successfully identified and flagged over 205 million spam SMS messages in just six months across 13 of its 14 active markets. The service, provided free of charge to all Airtel subscribers, automatically detects suspicious SMS messages and prefixes them with “SPAM ALERT” in real-time, eliminating the […]

TikTok launches campus verification to help students connect
Business

US, China make progress on TikTok deal, trade

United States President Donald Trump and Chinese President Xi Jinping held a phone call, discussing the future of TikTok in the US and trade tensions between the two nations. Trump described the call as “very productive,” saying they made progress on several key issues, including trade, fentanyl, and the Russia-Ukraine war. “We made progress on […]

Anambra, SMEDAN pledge N1bn to boost SMEs growth
News

Anambra rejects 2025 state performance ranking

The Anambra State Government has rejected the 2025 PCL State Performance Index, calling it “deeply flawed and misleading” after the state dropped from 8th in 2024 to 34th. Anambra’s Commissioner for Budget and Planning, Mrs. Chiamaka Nnake, released a statement on Friday in Awka, accusing Philips Consulting Limited of applying an unscientific and biased methodology […]

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