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

Conferences

PHOTOS: Sanwo-Olu delivers keynote address at GITEX Nigeria AI summit

Lagos Governor Babajide Sanwo-Olu has delivered a keynote address at the inaugural GITEX Nigeria Government Leadership and AI Summit at the Presidential Villa, Abuja. In a post on his official X handle, the Governor highlighted how technology and artificial intelligence can transform governance in Nigeria, while also sharing insights from the progress Lagos State has […]

Business

Gencos resist NERC threat of grid disconnection

Nigeria’s power generation companies have pushed back against a new regulatory order that threatens to disconnect non-compliant plants from the national grid. The Nigerian Electricity Regulatory Commission, citing repeated system collapses, on Monday directed all generation companies to implement Free Governor Control across their generating units. The directive, contained in Order NERC/2025/094, took effect on […]

Electricity

NERC, state regulators, DisCos meet to address consumer tariffs

The Nigerian Electricity Regulatory Commission on Monday convened a meeting with state regulators, electricity distribution companies, and other stakeholders to tackle transition challenges in the power sector amid growing concerns over consumer tariffs. The two-day forum, currently holding in Lagos, is NERC’s third quarterly power sector meeting this year. It follows rising tensions between state […]

Transcorp top gainers chart as NGX closes at 78,020.54 points
Business

NGX suspends three insurers over failure to file audited accounts

The Nigerian Exchange Limited has suspended trading in the shares of three insurance firms, Regency Alliance Insurance Plc, International Energy Insurance Plc, and Universal Insurance Plc—for failing to file their audited financial statements for the year ended December 31, 2024. The suspension, which took effect on September 1, 2025, was carried out under NGX’s Default […]

Business

TotalEnergies, Sapetro secure PSC for Niger Delta oil blocks

The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has signed a Production Sharing Contract with TotalEnergies and South Atlantic Petroleum for Petroleum Prospecting Licences 2000 and 2001. The licences, awarded during the 2024 licensing round, cover about 2,000 square kilometres in the Niger Delta Basin. TotalEnergies will operate the blocks with an 80 […]

Business

Importers lament $500 increase in shipping surcharge

Nigerian importers face higher costs this season as French shipping giant CMA CGM has introduced a $500 peak season surcharge on cargo headed to Nigeria and other West African ports. In a notice on its website, the company said the surcharge applies to shipments from North-East Asia, South-East Asia, China, and Hong Kong & Macau […]

Business featured

Lagos CEO allows office naps, 10am resumption

A Lagos-based Gen Z chief executive, Osungbade Akeem, who identifies as ak_wizeman on TikTok, has stirred conversations after unveiling his workplace policies that challenge long-established corporate traditions in Nigeria. In a TikTok post shared on Friday, which has since gone viral, Akeem disclosed that his company’s workday begins at 10 a.m, a move he said […]

Aviation

EU chief’s airplane hit by suspected Russian GPS jamming

A plane carrying European Union Commission President, Ursula von der Leyen, was struck by suspected Russian GPS jamming as it prepared to land in Bulgaria, the European Commission confirmed on Monday. The incident occurred on Sunday as von der Leyen’s chartered flight approached Plovdiv International Airport in southern Bulgaria. Although the satellite navigation system was […]

New SEC regulation to enhance transparency in bank recapitalization
Business

SEC unveils redesigned website to enhance investor protection

The Securities and Exchange Commission Nigeria has unveiled its redesigned website, aimed at boosting digital engagement, regulatory transparency, and investor protection. Announcing the launch on Monday, the Commission said the upgrade reflects its drive to modernize operations and expand access to vital financial information. The new platform features a mobile-friendly design, streamlined navigation, and consolidated […]

New tax law empowers Nigeria Revenue Service to secure loans
Economy

Tinubu pledges to replicate Brazil aviation deal with Colombia

President Bola Tinubu on Monday assured the Vice President of Colombia, Francia Márquez, that Nigeria will replicate the bilateral agreements recently signed with Brazil on aviation and consular matters with Colombia. President Tinubu reaffirmed Nigeria’s dedication to deepening international partnerships and aligning its foreign relations with evolving global trends in trade, politics, and culture amid […]

Banking

Globus Bank completes N200bn capital raise ahead of CBN deadline — MD/CEO

Globus Bank has successfully raised ₦200 billion in paid-up capital, meeting the Central Bank of Nigeria’s recapitalisation requirement ahead of the Q1 2026 deadline. The Managing Director and Chief Executive Officer, Elias Igbinakenzua, confirmed this milestone in an exclusive interview with BusinessDay. The bank began with ₦45.8 billion before the CBN’s recapitalisation announcement. In 2024, […]

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