Business

Italian divers discover 2,000-year-old Roman shipwreck

  • 9th August 2026

Spain checks 200 travellers as Italy border controls

  • 9th August 2026

NGX gains ₦237.8bn as FUGAZ banking stocks lead

  • 8th August 2026

X scraps revenue sharing, unveils original content rewards

  • 8th August 2026

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Italian divers discover 2,000-year-old Roman shipwreck

Business

FMBN launches ₦100m diaspora mortgage scheme for Nigerians in

Housing

NLC demands overhaul of Nigeria’s ‘failing’ energy sector model

Energy

Myspace seeks comeback as algorithms reshape social media

Tech

Blog

Disney+ announces price hike
Tech

Disney to pay $10m in FTC children’s privacy settlement

The Walt Disney Company has agreed to pay $10 million to settle the United States Federal Trade Commission allegations that it unlawfully enabled the collection of children’s personal data on YouTube. According to the FTC, Disney failed to label certain YouTube videos as child-directed, allowing data to be collected from viewers under 13 without parental […]

Business

BPE to float DisCos, GenCo on Nigerian Exchange via IPO

The Bureau of Public Enterprises says it is preparing to list two electricity distribution companies and one generation company on the Nigerian Exchange through an initial public offering. The director-general of the BPE, Ayodeji Gbeleyz disclosed this on Tuesday at a media briefing in Abuja. He explained that an IPO allows a private company to […]

Business

FCCPC pulls out of Dangote Refinery import licence case

The Federal Competition and Consumer Protection Commission has withdrawn its appeal against Dangote Petroleum Refinery and Petrochemicals FZE in the N100 billion import licence dispute. According to a notice filed at the Court of Appeal, Abuja, on August 26, 2025, the FCCPC dropped the case after Dangote Refinery discontinued its import licence suit at the […]

Governor AbdulRahman AbdulRazaq
Business

Kwara welcomes shea ban, to launch Nigeria’s second largest factory

Kwara State Governor AbdulRahman AbdulRazaq has welcomed the ban on exportation of raw Shea butter by President Bola Tinubu, saying the step will encourage more production and strengthen the local value chain of the prized cash crop. The President’s directive comes as Kwara State prepares to launch its 50-tonne Shea processing factory in Kaiama, the […]

Naira closes week stronger at N1,534.72/$ 
Finance

Dollar no longer king, Onanuga declares as Chinese traders accept naira

The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has said that ongoing economic reforms are restoring foreign confidence in the Naira and positioning it as a viable international means of exchange.   Onanuga, in a statement posted on his X (formerly Twitter) handle, described the development as salutary for the […]

Technology

AI cannot replace human reporters in NASS, clerk declares

The clerk to the National Assembly, Kamoru Ogunlana, says Hansard (verbatim) reporters have indispensable roles in legislative proceedings, despite rapid advancements in artificial intelligence and transcription technologies. Mr Ogunlana made the assertion on Tuesday at the Annual National Delegates Conference of the Association of Hansard/Verbatim Reporters of Nigeria, held at the National Assembly in Abuja. […]

Oil and Gas

PCNGI clarifies role in CNG price hike

The Presidential Compressed Natural Gas Initiative has clarified recent media reports regarding the price of Compressed Natural Gas in Nigeria. According to PCNGI, “the recent adjustment in CNG pump price was carried out by NIPCO Gas, a private sector operator in the Auto-CNG market.” NIPCO is one of several investors in the sector, and it […]

Lagos set to increase trips on electrified blue line
featured News

Sanwo-Olu slashes fare by 50% for blue rail anniversary

Governor Babajide Sanwo-Olu of Lagos State has announced a 50 per cent reduction in fares on the state’s Blue Line rail service for Thursday, September 4, 2025. The governor said the decision was taken to commemorate the second anniversary of the Blue Line’s commercial operations, which commenced in September 2023 on the Marina–Mile 2 corridor. […]

Agribusiness

Akwa Ibom gov launches new oil palm revival initiative

Governor Umo Eno of Akwa Ibom State has announced plans to kick-start oil palm business with the planting of new varieties to boost agribusiness and revive the sector. He said the State Committee on Food Security had recommended a template which involves the distribution of improved seedlings, deployment of extension officers in the planting, establishment […]

Finance

DMO urges states to adopt sustainable debt management practices

The Debt Management Office on Tuesday urged sub-national entities in Nigeria to ensure effective debt management practices to ensure sustainable economic development. The Director-General of the DMO, Patience Oniha, gave the advice at a World Bank assisted workshop on “Borrowing Guidelines for Top Policy Makers” in Lagos. Oniha said the workshop was informed by the […]

Scams

Ex-NNPC GM faces 25 years in US prison for bribery

Former employee of the Nigerian National Petroleum Corporation Limited, Paulinus Okoronkwo, now risks a maximum of 25 years’ imprisonment for allegedly receiving a bribe of $2.1 million from a Swiss company while in the service of the corporation. In a statement released by the United States Attorney’s Office in the Central District of California, Okoronkwo’s […]

Aviation

FAAN launches probe into passenger incident on Enugu Air flight

The Federal Airports Authority of Nigeria has announced an investigation into an incident involving a passenger on an Enugu Air flight. A video shared on X on Monday showed security personnel forcibly removing the passenger after he reportedly refused to turn off his mobile phone. FAAN’s Director of Public Affairs and Consumer Protection, Obiageli Orah, […]

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