Blog

Private sector laments loan repayment as interest rate hits 26.26%
Business

CBN reforms to deepen financial inclusion, boost economy – Cardoso

The Central Bank of Nigeria says ongoing reforms are aimed at strengthening the financial system, expanding inclusion, and boosting productivity across key sectors. CBN Governor Olayemi Cardoso, represented by Hakama Sidi, acting director of corporate communications, disclosed this on Tuesday at the CBN Fair in Kano themed “Driving Alternative Payment Channels as Tools for Financial […]

Business

FG sues Meta, X over Sowore anti-Tinubu post

The Federal Government has filed a five-count criminal charge against politician and activist Omoyele Sowore, accusing him of cyberbullying President Bola Ahmed Tinubu through social media posts. Court filings obtained show that the case, marked FHC/ABJ/CR/484/2025, was lodged at the Federal High Court in Abuja and also names Meta (Facebook) Inc. and Elon Musk’s X […]

News

Patriotism begins with honouring national symbols, NOA tells Nigerians

The Director-General of the National Orientation Agency, Mallam Lanre Issa-Onilu, has declared that patriotism begins with honouring Nigeria’s national symbols, as the country marks the 2025 National Ordinance Day. Speaking at an event in Abuja, Issa-Onilu reminded citizens that the National Flag, Coat of Arms, National Anthem, Pledge, Constitution, and other emblems represent the unity, […]

Ban on styrofoam, satchet alcohol to worsen employment - NECA
News

NECA commends FG’s suspension of 4% FOB levy

The Nigeria Employers’ Consultative Association has commended the federal government for suspending the four per cent free on board collected by the Nigeria Customs Service. Speaking in Lagos, Adewale-Smatt Oyerinde, director-general of NECA, said the move demonstrates the government’s commitment to supporting the organised private sector and driving economic growth. He noted that the withdrawal […]

Policy and Regulations

Polytechnics must meet standards to avoid closure — NBTE

The National Board for Technical Education has reaffirmed its commitment to cracking down on unaccredited institutions masquerading as polytechnics, warning that such practices threaten the government’s drive to deliver quality education. In recent years, Nigeria has witnessed a rise in so-called “mushroom” polytechnics — schools operating without accreditation or adequate facilities. Many of these institutions […]

Business featured

MTN to develop AI-powered data centers in Africa

MTN Group, Africa’s largest telecom operator, is in advanced talks with United States and European firms to develop data centers across the continent to power artificial intelligence services. The move is part of the company’s strategy to fill Africa’s massive AI infrastructure gap and unlock new revenue streams, according to CEO Ralph Mupita. Mupita said […]

News

Over 123m Nigerians enrolled in national database — NIMC

The Director-General of the National Identity Management Commission, Abisoye Coker-Odusote, has announced that over 123 million Nigerians have now been enrolled in the national database. Speaking at the National Day of Identity 2025 in Abuja, she said the figure marked a 49 per cent reduction in waiting times, achieved through cutting-edge technology and strategic collaborations. […]

Aviation

US orders Delta, Aeromexico to end 10-year partnership

The United States Department of Transportation has ordered Delta Air Lines and Aeromexico to terminate their nearly 10-year joint venture by January 1, citing anticompetitive practices in U.S.–Mexico City markets. The partnership, launched in 2016, allowed the airlines to coordinate schedules and pricing on cross-border flights. The DOT said this gave the carriers an unfair […]

OpenAI board rejects Elon Musk-led buyout offer
Tech

OpenAI hires ex-xAI finance chief amid Altman-Musk rift

OpenAI has named Mike Liberatore, former finance chief at Elon Musk’s xAI, as its business finance officer, overseeing the company’s sprawling infrastructure investments. Liberatore, who left xAI in July after three months, starts Tuesday and will report to CFO Sarah Friar while working closely with Greg Brockman’s team on compute strategy. The move comes amid […]

Nigeria excluded as Trump hosts African leaders in Washington
News

Trump files $15b defamation suit against New York Times

United States President Donald Trump has filed a $15 billion defamation lawsuit against the New York Times, accusing the newspaper of serving as a “mouthpiece” for the Democratic Party and publishing “false and defamatory content.” The Florida court filing, submitted Monday night, cites multiple articles and a book by two Times journalists published ahead of […]

Power crisis worsens as National grid collapses again
Electricity

Three patients die after KEDCO cut power at Kano hospital

A face-off between the managements of the Aminu Kano Teaching Hospital and the Kano Electricity Distribution Company over disconnection of power supply in the federal hospital has resulted in the deaths of three patients. According to Vanguard, the patients were in the Intensive Care Unit of the hospital when the power supply was disconnected. The […]