Business

Crude oil prices rise as Iran rules out

  • 17th August 2026

India-Nigeria trade hits $9bn, rises by 26%

  • 17th August 2026

High lending rates still threaten manufacturing sector recovery

  • 17th August 2026

FG resets profit-sharing terms to attract new deep

  • 17th August 2026

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Crude oil prices rise as Iran rules out talks

Business

Over 200 KASU lecturers resign over poor service conditions

News

EU gives Nigeria €1.5m to fight cholera outbreak

Helth

Ecobank retains retirement age, removes director tenure limit

Banking

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Business

Petroleum marketers reject Dangote’s dollar pricing, warn of forex pressure

Independent petroleum marketers have criticised the Dangote Petroleum Refinery’s decision to price petroleum products in United States dollars, warning that the policy could intensify foreign exchange pressures and create fresh instability in Nigeria’s downstream oil sector. The stakeholders on Tuesday acknowledged the refinery’s right as a private enterprise to determine its commercial strategy but cautioned […]

Business

FG reviews Chinese firm’s proposal to build 10,000 homes

The Federal Government has begun reviewing a proposal by China Hyway Group Limited to deliver 10,000 housing units across Nigeria within 30 months. The Federal Ministry of Housing and Urban Development announced the development in a statement issued on Tuesday. If approved, the project will use prefabricated construction technology under an Engineering, Procurement, Construction and […]

Tech

Apple holds talks with AI startup to run powerful models on iPhones

Apple is in discussions with Silicon Valley startup PrismML over technology that compresses large artificial intelligence models enough to run directly on iPhones. This was disclosed by the company’s Chief Executive Officer, Babak Hassibi, according to CNBC. On Tuesday, the Khosla Ventures-backed startup, which was spun out of the California Institute of Technology, United States […]

Business

CBN repays N2.97tn in maturing OMO bills

The Central Bank of Nigeria repaid N2.97 trillion in maturing Open Market Operations bills on Tuesday, a day after it conducted a N600 billion OMO auction that saw total allotments of N2.54 trillion across three tenors. The apex bank’s financial data for Tuesday, July 14, also showed it redeemed N17.05 billion from the primary market, […]

Business

Warren Buffett drops Gates Foundation from annual donations

Warren Buffett, a founding trustee of the Gates Foundation, also co-founded The Giving Pledge alongside Bill Gates and his then-wife, Melinda French Gates, to encourage billionaires to commit a significant share of their wealth to philanthropy. Buffett stepped down from the Gates Foundation’s board in 2021 but has continued to contribute billions of dollars to […]

Business

Nigeria granted N34tn in import duty exemptions in 2025

The Nigeria Customs Service has disclosed that approvals under the Import Duty Exemption Certificate scheme reached N34 trillion in 2025, with nearly 60 per cent of the duty waivers granted for the importation of military hardware. The Comptroller-General of Customs, Adewale Adeniyi, made the disclosure on Monday while appearing before the Senate Committee on Finance […]

Business

FG to raise N1.2tn via reopening of three bonds

The Debt Management Office, acting on behalf of the Federal Government, has announced plans to raise up to N1.2 trillion through the reopening of three Federal Government of Nigeria bonds. The plan was disclosed in an Offer Circular issued by the DMO on Tuesday, July 14, 2026. According to the circular, the bond auction is […]

Tech

YouTube still recommends eating disorder videos to teens – Report

YouTube continues to recommend eating disorder-related videos to teenage users despite rules introduced a year ago to limit harmful online content, according to new research. The Centre for Countering Digital Hate created a simulated account representing a 13-year-old girl who had just begun viewing unsafe diet and body image content to examine the platform’s recommendation […]

Business

PFIPC: I borrowed N400m to secure appointment, says ‘fake’ agency DG

The alleged Director-General of the Presidential Foreign Intervention Promotion Council, Adeniyi Adeyemi, has claimed he borrowed N400 million to finance the processing of his appointment as head of the organisation. Adeyemi made the disclosure during an appearance on Channels Television’s Politics Today on July 13. His remarks come ahead of his scheduled arraignment later today […]

Investment

Nigeria, Hong Kong sign double taxation agreement

Nigeria and the Hong Kong Special Administrative Region of the People’s Republic of China have signed an Agreement for the Elimination of Double Taxation on income and the Prevention of Tax Evasion and Avoidance, in a move aimed at strengthening trade, investment and economic cooperation between both jurisdictions. The agreement was signed during a virtual […]

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