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

Banking featured

Providus bank to take over Unity bank

Providus Bank is set to take over the corporate identity of Unity Bank, with Unity’s shareholders either receiving cash payments or being allotted shares in Providus. Under the approved scheme of merger, Providus Bank Limited’s certificate of incorporation will serve as that of the enlarged institution. The scheme also stipulates that Unity Bank’s entire share […]

News

FG confirms delayed salary of Nigerian missions’ abroad staff

The Ministry of Foreign Affairs has admitted that Nigerian diplomatic and consular missions are grappling with financial and operational strain, driven by years of budget shortfalls and economic pressures. Spokesperson Kimiebi Ebienfa said the challenges—ranging from delayed salary payments to outstanding service provider bills—have disrupted the smooth running of missions abroad. To ease the pressure, […]

Microsoft sharepoint cyberattack hits 400 victims - Researchers
Tech

Trump administration secures $3.1bn cloud discount from microsoft

Microsoft has struck a major deal with the United States General Services Administration to deliver $3.1 billion in annual savings on its cloud services, deepening the Trump administration’s effort to slash costs across federal agencies. The discounted pricing, available through September 2026, covers Microsoft Office productivity subscriptions, Azure cloud infrastructure, Dynamics 365 business applications, and […]

Air cargo demand rises by 18.4% January - IATA
Business

Nigeria, Colombia in talks on direct flights to boost ties

Colombian Vice-President Francia Márquez says discussions have been held with Nigerian aviation stakeholders on the launch of direct flights between both countries to strengthen bilateral relations. She made the announcement on Monday during a visit to the State House in Abuja, where she was received by President Bola Tinubu, according to the presidential adviser on […]

Economy

Equities market begins September with N362bn loss

Trading activities in the domestic equities market on Monday lost N362 billion to start September trading on a negative note, following share price depreciation in Lafarge Africa Plc and 32 others. The All-Share Index shed 573.31 points, representing a decline of 0.41 per cent to close at 139,722.19 points. Also, market capitalisation depreciated by N362 […]

Shares rises as US lifts export ban on chip design software
Business

India’s chip market surges, targets $110bn by 2030

India will begin commercial semiconductor production by the end of 2025, Prime Minister Narendra Modi said Tuesday, touting his nation as a future “global hub” for chip innovation. Modi, speaking in New Delhi at the launch of the annual Semicon India conference, said test chips from Micron and Tata were already being produced. “Commercial chip […]

featured Travel

VIDEO: Enugu Air crew forcibly removes passenger from plane

Enugu State-owned commercial airline, Enugu Air, which only launched operations on Monday, July 7, has found itself in the spotlight after a passenger was forcibly removed from one of its flights. A video circulating on social media shows airline officials dragging a male passenger off the aircraft, while background voices can be heard saying, “Yes, […]

Business

Swiss giant Nestlé fires CEO amid office romance

Swiss food conglomerate Nestlé on Monday announced the immediate dismissal of CEO Laurent Freixe due to an “undisclosed romantic relationship with a direct subordinate.” The company, known for brands such as Nespresso and KitKat, said the decision followed an internal investigation. Philipp Navratil, CEO of Nespresso, was promptly appointed by the board to succeed Freixe. […]

WhatsApp rolls out voice note transcription feature in India
featured Telecommunications

Nigerians shift to WhatsApp calls as voice tariffs rise

Nigerian mobile phone users are transiting to data calls over increasing tariffs charged by telecommunications companies on terrestrial voice calls in the country. According to a report by Leadership, this transition from traditional voice calls to internet-based communication platforms, particularly WhatsApp, commenced earlier when telcos increased tariffs on voice calls and messages. This is, however, […]

Oil and Gas

Crude oil gains ahead of key OPEC+ talks

Oil edged higher as traders awaited new factors to push prices beyond a relatively narrow range, focusing on an upcoming OPEC+ meeting and potential United States actions on Russian supply. Brent climbed toward $69 a barrel, following a 1 per cent gain in the November contract during the previous session, while West Texas Intermediate hovered […]

News

NES to honour Shettima, Masha with distinguished fellow award

The Nigeria Economic Society has called on stakeholders to collaborate on inclusive economic growth for the country, saying that it has concluded plans to honour Vice President Kashim Shettima and the director of the Intergovernmental Group of 24 on International Monetary Affairs and Development, Dr Iyabo Masha, with its 2025 Distinguished Fellow Award. According to […]

featured

FG eyes 44m Nigerians for health insurance by 2030

The Federal Government has announced plans to enroll 44 million Nigerians into the National Health Insurance Scheme by 2030 as part of efforts to reduce high out-of-pocket healthcare costs. Minister of State for Health and Social Welfare, Dr. Iziaq Salako, made this known on Monday at the opening of the National Health Financing Policy Dialogue […]

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