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Customs uncovers 399 firearms, rifle parts at Tin Can

Ports and Airports

FG spent ₦3.14trn servicing domestic debt in Q1 —

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Naira trades at ₦1,362/$ on official FX market

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NIS deploys passport intervention team to UK

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Emirates to resume Nigerian flights Sept 11
Aviation

Emirates Airline to join Africa tourism, creative economy expo

The United Arab Emirates has confirmed that Emirates Airline will participate in the upcoming Africa Tourism and Creative Economy Expo, scheduled for November 24–25 in Abuja. Emirates’ involvement highlights the UAE’s commitment to deepening relations with Nigeria and Africa, particularly in tourism, trade, and the creative economy. The expo, organised by Afrocultour in collaboration with […]

Nigerian equities market surges with N1.33 trn gain
Investment

Investors lose N324bn as NGX all-share index dips

The Nigerian equities market closed on a bearish note on Wednesday, with investors losing N324bn in market value. The benchmark All-Share Index slipped by 512.60 points, or 0.36 per cent, to finish at 141,248.76, trimming the year-to-date return to 37.23 per cent despite earlier gains in the week. Market activity, however, recorded a rebound as […]

Air Peace denies alleged safety protocol violations in UK
Aviation

Air Peace to construct aircraft maintenance facility in Lagos

Air Peace, Nigeria’s largest airline, says it will begin constructing a Maintenance, Repair and Overhaul facility in Lagos this September. The project, slated for completion within 12 to 15 months, is expected to provide a major boost to the nation’s aviation industry. Chairman Allen Onyema made the announcement on Wednesday after returning from Brazil, where […]

Business

Nigerians spent N1.3tn on petrol in June – NMDPRA

Nigerians expended about N1.3 trillion on Premium Motor Spirit in June 2025, as nationwide consumption rose to 1.44 billion litres, according to new data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The figures highlight the country’s heavy dependence on petrol for transportation and self-generation of electricity amid persistent power supply challenges. Following the […]

Anthropic gives Claude AI power to end conversations
featured

Anthropic stops hackers targeting claude AI system

Anthropic announced on Wednesday that it had detected and blocked hackers trying to exploit its Claude AI system to craft phishing emails, generate malicious code, and bypass safety protections. The company’s report underscores rising concerns that AI tools are increasingly being targeted for cybercrime, fueling calls for stronger safeguards from tech companies and regulators as […]

SpaceX’s starship spirals out of control in test flight
Tech

SpaceX’s Starship hits milestone with successful test flight

SpaceX achieved a breakthrough on Tuesday with the launch of its towering Starship rocket, marking its first successful deployment of test satellites after a string of fiery setbacks earlier this year. The more-than 400-foot rocket lifted off at 6:30 p.m. local time from the company’s Starbase facility in Texas, United States, completing a tense one-hour […]

Nigeria expecting $2.2bn loans from World Bank - Minister
Business

Nigeria focused on building investor-friendly economy, says Edun

Finance minister and coordinating minister of the economy, Wale Edun, says the federal government’s foremost priority is fostering an enabling environment for global investors. According to a statement on Wednesday by the ministry’s director of information and public relations, Mohammed Manga, Edun led Nigeria’s economic team to a high-level business roundtable hosted by Citi at […]

UK job vacancies drop 23%, signaling economic slowdown
Energy

UK energy bills to rise by 2% from October

Gas and electricity bills are set to climb by two per cent for millions of households across the United Kingdom, following the latest energy price cap announced by regulator Ofgem. The adjustment, which comes in slightly above analyst forecasts, means a typical household will now spend £1,755 a year on energy, an increase of £35 […]

India seeks to keep US trade talks on track despite tariff hike
Policy and Regulations

Trump raises tariffs on Indian imports to 50%

United States President, Donald Trump, has followed through on his pledge to raise tariffs on Indian imports, doubling them to 50 per cent. The move threatens to strain ties with one of Washington’s key trading partners while driving up costs for American consumers. The tariff escalation comes only weeks after Trump imposed a new 25 […]

Policy and Regulations

Niger restricts European visas in new diplomatic retaliation

Niger’s military government will restrict where Europeans can obtain a visa for the Sahel country in response to the “difficulties” it says Nigerien citizens face in obtaining visas from European embassies. Since taking power in a coup in 2023, Niger’s military-run government has promoted nationalist politics and turned its back on the West in favour […]

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