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World

Education fund cut will push extra six million kids out-of-school – UNICEF

Global education funding is facing sharp reductions that could leave an extra six million children out of school by 2026, the United Nation Children’s Fund has warned. UNICEF executive director Catherine Russell said that Official Development Assistance for education is projected to fall by $3.2 billion. This represents a 24 per cent drop from 2023, […]

Oil and Gas

CNG price jumps to N450/SCM amid long queues

The cost of one standard cubic metre of Compressed Natural Gas has jumped from N230 to N450, amid long queues and insufficient refilling stations. The PUNCH reported that the government reviewed the price recently to N450, reducing its subsidies. However, while trucks pay N450/SCM, car drivers and commercial drivers still enjoy some subsidies, as they […]

Lufthansa pilots hold second strike in one week
Aviation

Lufthansa faces potential pilot strike as pension negotiations fail

Lufthansa pilots are edging closer to a strike after negotiations over their pension plans stalled, the pilots’ union Vereinigung Cockpit said. The union has declared recent talks on occupational retirement provisions unsuccessful and requested a strike ballot from its governing body. The timing of any strike remains unclear. VC last staged a one-day walkout in […]

Google to pay $30m to settle YouTube children’s privacy lawsuit
Business

Alphabet shares rise 6% after court ruling favours Google

Alphabet Inc. shares rose nearly 6 per cent in premarket trading Wednesday after a court ruling that investors saw as largely favourable for Google. The United States Department of Justice had sought major remedies in its antitrust case, filed in September 2023, including forcing Google to divest its Chrome browser. Although a federal judge previously […]

Business

UK invests $7.5m in Nigerian agri-tech firm Babban Gona

The United Kingdom’s development finance institution, British International Investment, has committed $7.5 million to Babban Gona, a Nigerian agri-tech platform. Unveiling the investment at a Lagos signing ceremony on Tuesday, BII said the funding will enhance food security and climate resilience for smallholder farmers in northern Nigeria. UK trade envoy to Nigeria, Florence Eshalomi, noted […]

NITDA to develop blockchain "Nigerium" for data Security
Business

FG to partner big tech for hyperscale data centers – NITDA

The Director-General of the National Information Technology Development Agency, Kashifu Inuwa Abdullahi, has said that the Federal Government plans to partner with Big Tech firms and hyperscalers to set up hyperscale data centers in Nigeria, aiming to enhance the country’s data sovereignty, Speaking at the 3rd Biennial Corporate Governance and Enterprise Development Conference in Lagos […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
Finance

Nigeria is no longer borrowing to fund budget, Tinubu declares

President Bola Ahmed Tinubu announced on Tuesday that the economy has stabilised and the revenue target set for this year was met as of last month. With this improved revenue situation, he added that the government now has enough resources to carry out its programmes without needing to borrow. The President made these remarks when […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
Policy and Regulations

Nigeria has no fear of Trump’s tariff policies — Tinubu

President Bola Tinubu on Tuesday said his administration will remain resilient and has no fear of the trade policy direction of United States President Donald Trump, particularly tariffs targeting Nigerian exports. Tinubu made the remarks when he received in audience members of The Buhari Organisation led by former Governor of Nasarawa State, Sen. Tanko Almakura, […]

Umahi threatens MTN over Enugu-Onitsha road, orders N15bn monthly payment
Business

FG orders urgent repairs on Shagamu-Benin Bridge

The Federal Ministry of Works has launched an urgent intervention on the damaged Benin-bound deck of the Shagamu-Benin carriageway, assuring motorists of a quick and durable repair. In a statement on Tuesday, signed by the Minister of Works’ Special Adviser on Media, Uchenna Orji, the ministry said it is closely monitoring the repair work and […]

OpenAI CEO teases restructuring amid lawyer, stakeholders negotiations
Tech

OpenAI strikes $1.1b acquisition of Statsig

OpenAI has agreed to acquire product testing startup Statsig for $1.1 billion in an all-stock transaction, marking one of the largest acquisitions in the ChatGPT maker’s history. The deal however is subject to regulatory approval, according to Bloomberg. Founded in 2021, Statsig provides tools that help software developers test and evaluate new features. Its platform […]

News

Bayelsa pushes for stake in $3.5b brass fertiliser project

Bayelsa State Governor Douye Diri has urged that the state be included as an equity partner in the $3.5 billion Brass Fertiliser and Petrochemical Company project, slated to begin operations on Brass Island later this year. During a visit by the company’s management team to Government House, Yenagoa, on Tuesday, Governor Diri emphasized that Bayelsa’s […]

Business

FG, Polaris Capital partner on skills, job placement for artisans

The Federal Government has partnered with Polaris Capital Limited to train, certify, and place 100,000 construction artisans across Nigeria. Formalized through a Memorandum of Understanding on September 2, 2025, the initiative aims to address skills gaps in the housing and construction sector, according to a statement on the ministry’s website. The Permanent Secretary of the […]