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

Why states should pay above N70k minimum wage – NECA

Following the rising cost of living in the country and its impact on the people, as well as the increase in Federal allocations to all tiers of government, the Nigeria Employers’ Consultative Association has said state governments had no excuse not to pay civil servants above the N70,000 minimum wage. Director General of NECA, Adewale […]

Business

Private sector remains Nigeria’s largest employer, says NECA DG

The Director-General of the Nigeria Employers’ Consultative Association, Adewale Oyerinde, said the private sector remains Nigeria’s largest employer, creating jobs within companies and across their value chains. In a Channels Television interview on Tuesday, he challenged the notion that government employs more Nigerians, emphasizing that private businesses drive far greater direct and indirect employment. “It […]

FGN Bonds' value decreases by 93.2% to N183bn
Business

FG raises N3.3bn from August savings bonds – DMO

The Debt Management Office has confirmed that the Federal Government raised a total of N3.3 billion from the allotment of the August 2025 FGN Savings Bonds. Data published on the DMO’s website on Tuesday showed that the offer, which ran from August 4 to 8, 2025, attracted N573.31 million from the 2-year bond maturing in […]

Business

Paramount, Activision ink deal for ‘Call of Duty’ movie

Paramount has struck a deal with Microsoft-owned Activision to develop, produce, and distribute a live-action film adaptation of Call of Duty, one of the most successful video game franchises in history. “As a lifelong fan of Call of Duty this is truly a dream come true,” David Ellison, chairman and CEO of Paramount, said in […]

Anthropic integrates Brave search into Claude’s AI platform
Tech

AI startup Anthropic hits $183b value after $13b funding round

Artificial intelligence startup Anthropic has raised $13 billion in fresh capital, valuing the company at $183 billion. This was announced by the firm on Tuesday. The funding round was led by ICONIQ, with participation from Fidelity Management & Research, Lightspeed Venture Partners, the Qatar Investment Authority, Blackstone, and Coatue. Amazon-backed Anthropic has seen rapid revenue […]

Amazon plans stand-alone app for payments in India
Tech

Amazon halts Prime free shared shipping

Amazon is discontinuing a feature that let Prime members extend free shipping benefits to non-household users, notifying customers that the Prime Invitee Program will end on October 1. This was disclosed in a according to a notice, according to CNBC. “We are writing to inform you that the Prime Invitee Program, which allowed sharing Prime’s […]

News

Japa: Leave or be deported, UK warns students with expired visas

Tens of thousands of international students in the United Kingdom are being directly contacted by the government with a warning: leave the country when your visa expires or face removal, the BBC reported on Tuesday. The Home Office has launched a new campaign aimed at tackling what it describes as an “alarming” rise in student […]

Finance

CBN uses OMO to curb inflation, support naira stability

The Central Bank of Nigeria is set to roll out fresh liquidity control measures, known as Open Market Operations, to absorb N784 billion inflows expected to hit the banking system this week. A breakdown of the inflows shows that OMO maturities of N459.60 billion will come in today, while Nigerian Treasury Bill maturities of N324.41 […]

Economy

Tinubu’s reforms restoring foreign confidence in naira — Onanuga

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 Nigerian […]

Coat of Arm
News

FG begins payment to contractors of MDAs

The Nigerian government has begun payment to contractors of projects domiciled with federal government ministries, departments and agencies amid outcry. According to Daily Post, the spokesperson for the Office of the Accountant General of the Federation, Bawa Mokwa, disclosed this in an interview on Monday. This comes after more than a year of non-payment to […]

New SEC regulation to enhance transparency in bank recapitalization
Investment

SEC warns Nigerians against fake online investment platforms

The Securities and Exchange Commission has warned Nigerians to be wary of online investment platforms promising unrealistic returns, describing them as potential traps for unsuspecting investors. Director-General of the Commission, Emomotimi Agama, issued the warning during an interview on Channels Television’s Business Morning programme on Tuesday. Agama stressed that registration with the SEC remains the […]