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Opinion

Nigeria risks losing AfCFTA’s credit benefits, group warns

The Africa Association of Professional Freight Forwarders and Logistics of Nigeria has warned that Nigeria may fail to reap the benefits of the African Continental Free Trade Area despite the Federal Government’s approval of a proposed $1 billion credit facility aimed at supporting exporters and businesses. The association said that although access to finance is […]

Tech

UK critical infrastructure hit by over 200 cyber incidents

The UK’s critical national infrastructure has suffered more than 200 cyber incidents in the past year, with state-linked actors responsible for about three-quarters of the attacks, according to the national cybersecurity agency. The chief executive of the National Cyber Security Centre, Richard Horne, said hostile states including Russia, China and Iran are increasingly targeting systems […]

Oil and Gas

NNPCL renews methane detection deal with TotalEnergies

The Nigerian National Petroleum Company Limited has renewed its partnership with TotalEnergies to continue the deployment of advanced methane detection technology across its upstream operations for an additional 24 months as part of efforts to reduce greenhouse gas emissions and meet its decarbonisation targets. The agreement extends the use of the Airborne Ultralight Spectrometer for […]

Business

Amazon engineers under internal probe after criticising AI data center expansion

A group of Amazon engineers say they are under internal investigation after publicly criticising the rapid expansion of artificial intelligence data centers and calling for tighter government regulation. Earlier this month, five Amazon employees spoke at Seattle City Council hearings during a public consultation on a proposed one-year pause on new large-scale data center construction, […]

News

Fake news threatens national security, minister warns media outlets

Minister of Information and National Orientation, Mohammed Idris, on Thursday, said that Nigeria’s battle against terrorism, banditry, kidnapping, cybercrime and disinformation cannot be won without a strong alliance between the media and security agencies, warning that fake news has become a major threat to national security. Speaking at the National Security Summit organised by the […]

featured Oil and Gas

Oil prices hit lowest since US-Iran war

Oil prices fell sharply on Thursday, dropping to their lowest levels since the outbreak of the US-Iran conflict, as an interim agreement between the United States and Iran improved prospects for global crude supply According to Reuters, Brent crude futures declined by $1.53, or 1.9 per cent, to $78.02 per barrel as of 1326 GMT, […]

Business

Only 6% of Nigerians access formal credit despite rising inclusion

Nigeria’s Credit Landscape Report 2025 has revealed a significant gap in the country’s financial system, showing that despite rising levels of financial inclusion, only about six per cent of adults currently obtain credit from formal financial institutions. The report, published by Credit Direct in June 2026, noted that more than 64 per cent of Nigerian […]

featured Finance

Naira slips to ₦1,410/$ at parallel FX market

The Naira on Thursday depreciated to N1,410 per dollar in the parallel market from N1,405 per dollar on Wednesday. Similarly, the naira depreciated to N1,365.5 per dollar in the Nigerian Foreign Exchange Market. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the market rose to N1,365.5 per dollar […]

Transportation

Tinubu commissions 7km Abuja airport bypass road

President Bola Tinubu on Thursday commissioned a 7-kilometre access road bypassing the second runway of the Nnamdi Azikiwe International Airport in Abuja, declaring that no Nigerian community should be made to bear the cost of national development without recompense. Represented at the ceremony by Senate President, Godswill Akpabio, the President said the project — which […]

Scams

Police bust telecom data fraudsters, recover data worth ₦3.8bn

The Nigeria Police Force, through the Nigeria Police Force National Cybercrime Centre, has made significant breakthroughs in the investigation of a major cybercrime case involving computer-related fraud, unauthorised access to computer systems and theft of telecommunications services. The Police Public Relations Officer of the NPF-NCCC, DSP Unwana Imah, disclosed this in a statement on Thursday, […]

Opinion

Account for gold reserve under your govt, Ex-APGA chieftain tells Matawalle

A former National Secretary of the All Progressives Grand Alliance and Zamfara North senatorial aspirant, Dr Sani Abdullahi Shinkafi, has demanded a full account of the Zamfara State Gold Reserve Initiative launched under former Governor Bello Matawalle, seeking details of the quantity of gold acquired, where it is being held, and what was handed over […]