Blog

Oil production: Angola, Libya overtake Nigeria, says OPEC
Oil and Gas

Oil prices rise as OPEC+ output falls short of expectations

Oil prices rose on Tuesday after the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, agreed to a modest production increase, a move that fell short of market expectations and reinforced concerns about tighter global supply amid the threat of fresh sanctions on Russia. Brent crude was up 22 cents, or […]

Business

India urges BRICS to address trade gaps among members

India on Monday pressed BRICS nations to help reduce New Delhi’s trade deficits with the group, even as members united in criticism of United States President Donald Trump’s tariff measures. At a virtual BRICS summit, External Affairs Minister S. Jaishankar said “India’s biggest trade deficits are with BRICS partners.” He represented India in place of […]

News

Buhari threatened to sack me over petrol subsidy removal – Kachikwu

Former Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, disclosed on Monday that the late former President Muhammadu Buhari once threatened to dismiss him if his push to remove petrol subsidy during Buhari’s administration failed. Kachikwu, who served as minister from 2016 to 2019, made the revelation while speaking at a virtual business mentorship […]

Business

FIRS certifies eTranzact for nationwide e-invoicing rollout

The Federal Inland Revenue Service has approved eTranzact International Plc as a certified provider for its nationwide e-invoicing initiative, building on their earlier collaboration on VAT automation under Tax Administration 2.0. In a statement, the company said the certification reinforces eTranzact’s role as a trusted partner in the government’s drive to digitise tax and business […]

Lenovo's revenue drops 24% over low PC demand
Finance

Bauchi’s IGR rises from N300m to over N2bn — Commissioner

The Bauchi State government has said that it has significantly improved its Internally Generated Revenue from less than N300 million at inception to over N2 billion, with a target of N3 billion before the end of 2025. The State Commissioner of Finance, Dr. Yakubu Adamu, disclosed this while presenting the government’s tenure report during the […]

United States Flag attached to a building
Travel

Nearly 48,000 Nigerians became US citizens in four years — Report

A new report by the United States Department of Homeland Security has revealed that almost 48,000 Nigerians obtained American citizenship between 2019 and 2023, making Nigeria one of the top African sources of new U.S. citizens in recent years. The updated U.S. Naturalisations Annual Flow Report, released in August 2025 by the Office of Homeland […]

Business

Zoho launches AI agents for businesses

A global technology company, Zoho, has launched Zia LLM—the company’s proprietary large language model, a no-code agent builder, Zip Agents Studio, with over 25 deployable Zip agents and a Model Context Protocol to open up Zoho’s vast library of actions to third-party agents. “Today’s announcement emphasises Zoho’s longstanding aim to build foundational technology focused on […]

Conferences

NECA joins African summit to champion digital economy, business growth

The Nigeria Employers Consultative Association will be part of a summit hosted by the Federation of Kenya Employers, Business Africa Employers Confederation, International Labour Organisation and the International Organisation of Employers, to champion business growth and the digital economy on the continent. This event brings together business leaders, policymakers and global experts to shape the […]

Maritime

Clearing agents decry bank server outage, increased demurrage charges

Clearing agents at the nation’s seaports have voiced strong concerns over escalating demurrage charges caused by an unexpected bank server outage, severely disrupting port operations. The technical failure has stalled payment transactions essential for cargo clearance, leading to prolonged container storage and increasing costs for importers and exporters. Industry insiders report that the bank’s server […]

Opinion

Tinubu’s reforms impacting educational sector positively — Sokoto varsity VC

The Vice Chancellor of Usmanu Danfodiyo University, Sokoto, Professor Bashir Garba, has commended President Bola Ahmed Tinubu’s education policies, describing them as impactful and transformative for Nigeria’s higher education sector. Professor Garba gave the commendation on Saturday during the university’s combined 50th anniversary and 42nd convocation ceremony held at the main campus. “The Tinubu administration’s […]