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Condom prices may rise amid Iran supply disruptions

  • 22nd April 2026

Flutterwave denies reports of $75m FG investment

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Tinubu blames privatization for current power sector crisis

Electricity featured

Nigeria isn’t poor, huge money moves below radar –

Finance

Access Holdings disowns unauthorised 2025 financial highlight release

Banking

South Africa’s inflation rises to 3.1% as cost pressures

Economy

Blog

Business

Nigeria, UK sign deportation agreement for failed asylum seekers, convicted criminals

Nigeria has entered into a new agreement with the United Kingdom that will enable Britain to deport thousands of failed asylum seekers and convicted criminals to the West African nation. The deal was signed by Interior Minister Olubunmi Tunji-Ojo and Home Secretary Shabana Mahmood during President Bola Tinubu’s state visit to the UK, the Home […]

Aviation

Airlines face possible cancellations as fuel supply tightens

Airlines may be forced to cancel long-haul flights next month amid an expected jet fuel shortage. The warning was revealed in an exclusive report by The Times and shared by its Political Editor, Steven Swinford, on X. Industry experts say the looming shortage could disrupt services to major international destinations as fuel stockpiles decline and […]

OpenAI unveils GPT-5 amid rising industry investment
featured Tech

OpenAI acquires Astral in move to boost developer tools

OpenAI on Thursday announced it is acquiring Astral, a small startup known for building popular open-source tools for software developers. Astral’s team will join OpenAI to support the development of its AI coding assistant, Codex. The companies did not disclose the financial terms of the deal. “Through it all, though, our goal remains the same: […]

Business

Dangote refinery drives $3.74bn crude import shift

Nigeria imported $3.74 billion worth of crude oil in 2025 for processing at the Dangote Petroleum Refinery, highlighting a shift in the country’s oil trade pattern as domestic refining capacity grows. This was revealed in the Central Bank of Nigeria’s 2025 Balance of Payments report, which noted that “crude oil imports of $3.74 billion by […]

Investment

Nigeria-UK trade hits £8.1bn as Ovaltine opens Lagos facility

British beverage maker Twinings Ovaltine has announced plans to launch a £24 million manufacturing facility in Lagos. This forms part of broader trade engagements between Nigeria and the United Kingdom. The facility is expected to create over 100 direct jobs. It will also boost the company’s exports across West Africa, according to a statement from […]

Investment

Tinubu seeks UK partnership to tackle Nigeria’s insecurity

President Bola Tinubu stated on Wednesday that he is ready to engage with the British government to combat insecurity in Nigeria. Speaking at a reception organised for him and his wife at Windsor Castle by the British Royal Family, President Tinubu noted that Nigeria, the largest democracy in the West African sub-region, faces serious security […]

Flights to South-South most expensive - NBS
Aviation

NAMA deploys mobile control tower at Lagos airport after fire incident

Nigerian Airspace Management Agency has deployed a mobile control tower at the Murtala Muhammed International Airport, Lagos. Also, the agency has concluded arrangements to deploy a second mobile control tower to service Runway 18R. This is in response to the recent fire incident that affected critical air-ground communication infrastructure at the old terminal. Recall that […]

Energy

Iran strikes Qatar’s gas hub, Trump threatens massive retaliation

Qatar reported “extensive” damage on Thursday to the site of the world’s largest liquefied natural gas facility following Iranian strikes. This has sparked fears for global energy supplies and fresh threats from Donald Trump against Iran. Tehran carried out attacks on Qatar’s huge Ras Laffan LNG facility in retaliation for an Israeli strike Wednesday on […]

Business

Palm oil drove 20.7% surge in Malaysia’s 2025 exports to Nigeria

Malaysia’s exports to Nigeria increased by 20.7 per cent in 2025, reaching a total value of $664 million. This rise reflects growing bilateral economic relations and deeper engagement between the two countries amid global trade uncertainties. The export growth was mainly driven by a 33.7 per cent rise in palm oil and palm oil-based agricultural […]

Investment

Investors flood CBN’s auction with N2.89trn one-year T-Bills demand

Investors subscribed N2.89 trillion for one-year Treasury bills at the March 18 auction, exceeding the N800 billion offer by more than three times. The strong demand underscores sustained investor interest in securing higher yields on longer-dated instruments. Ayodeji Ebo, managing director of Optimus by Afrinvest, said investor demand remained concentrated on the 364-day bill, as […]

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