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Oil and Gas

Dangote Refinery roll-out CNG-powered trucks for fuel supply

The Dangote Refinery on Monday officially introduced its compressed natural gas-powered trucks for direct fuel supply, deploying over 1,000 vehicles to the gantry for loading. According to Dangote Group’s spokesman, Anthony Chiejina, more than 1,000 trucks are prepared to deliver fuel to filling stations, while an additional 500 are stationed at the port. “In one […]

Tech

Google parent Alphabet hits $3tn valuation for first time

Alphabet Inc., the parent company of Google, reached a $3 trillion market capitalization for the first time on Monday, fueled by renewed investor confidence in artificial intelligence and a favourable antitrust ruling. The company’s Class A shares rose 3.8 per cent to $250, while Class C shares advanced 3.7 per cent to $250.40, with both […]

Economy featured

Ekiti, Kano, Oyo top list of most expensive states

The latest report from the Nigeria Bureau of Statistics reveals the ten states with the steepest annual increases in the cost of goods and services, with a mix of food and non-food pressures shaping each state’s experience Also Nigeria’s headline inflation slowed for the fifth consecutive month in August 2025, providing some relief for consumers […]

TikTok removes more Universal Music songs as conflict worsens
Tech

US, China strike TikTok framework deal

United States Treasury Secretary Scott Bessent said Monday that Washington and Beijing have reached a framework agreement on TikTok. “It’s between two private parties, but the commercial terms have been agreed upon,” he said from U.S.-China talks in Madrid. Presidents Donald Trump and Xi Jinping are expected to meet Friday to discuss the terms of […]

Electricity

Power outage hits Akwa Ibom, Rivers, Bayelsa, Cross River

The Transmission Company of Nigeria has confirmed a forced power outage on the Aba/Itu 132 kilovolt transmission line, which occurred on Saturday, September 13, 2025, at approximately 1:03 am due to a line trip. According to TCN’s spokesperson, Ndidi Mbah, the incident interrupted bulk power supply to the Port Harcourt Electricity Distribution Company and Akwa […]

Opinion

CPPE warns of potential lawsuits over shea nut export ban

The Centre for the Promotion of Private Enterprise has warned that Nigeria’s ban on raw shea nut exports is exposing local traders to potential lawsuits and damaging their business reputations. The CPPE said the government’s sudden policy change in August has disrupted global markets and hurt farmers’ incomes across the country. President Bola Tinubu announced […]

Economy featured

Nigeria’s inflation rate drops to 20.12%

Nigeria’s headline inflation rate has slowed down for the fifth consecutive month, dropping to 20.12 per cent in August 2025 from 21.88 per cent in July. This represents a 1.76 percentage point decline on a month-on-month basis and a significant drop from 32.15 per cent recorded in August 2024. According to the National Bureau of […]

Grieving widow sues Tesla over defective car model
Tech

Tesla stock jumps as Musk makes $1bn share purchase

Elon Musk has responded to Tesla Inc.’s record pay proposal by purchasing about $1 billion worth of shares, a move that lifted the stock in premarket trading. According to a regulatory filing released Monday, the billionaire acquired the shares indirectly through a revocable trust on Sept. 12. The purchases came as Tesla Chair Robyn Denholm […]

TikTok deal talks with China to begin next week - Trump
News

Trump set for royal honours in second UK visit

United States President Donald Trump is set to receive lavish royal honors this week during his unprecedented second state visit to the United Kingdom. The visit will feature a carriage ride and flypast with King Charles III, along with a glittering state banquet at Windsor Castle. British officials hope the pomp will appeal to Trump’s […]

Opinion

Tinubu’s fuel subsidy removal was a grave economic blunder — Falana

Senior Advocate of Nigeria, Femi Falana, has criticized President Bola Tinubu’s decision to remove fuel subsidy, stating that the policy has worsened hardship and was a grave economic blunder. Falana, who was a key voice during the 2012 Occupy Nigeria protests against subsidy removal, believes that the policy has deepened hardship instead of providing relief. […]

News

Nepal’s new PM resumes office amid economic challenges

Nepal’s new interim Prime Minister, Sushila Karki, a 73-year-old former chief justice, has unveiled her cabinet, aiming to restore order after deadly anti-corruption protests ousted the previous government. The ceremony took place under an outdoor awning, with President Ram Chandra Paudel administering the oath of office to three key ministers. The protests, which began on […]

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