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Lagos insists on valid planning permits for all

  • 16th May 2025
UK economy hits unexpected growth

Reforms position Nigeria as emerging investment hub –

  • 15th May 2025
Ogun cargo airport to employ 25000 youths on completion - Dapo Abiodun

Mamuda Beverages invests $50m in new industrial facility

  • 14th May 2025

Nigeria ships first Obodo crude blend, says NUPRC

  • 14th May 2025

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N130bn Sukuk listed on NGX, FMDQ - DMO

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xAI updates Grok S’Africa’s ‘white genocide’ remarks controversy

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Humanoid robots will aid, not replace, human workers - China

Humanoid robots will aid, not replace, human workers –

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OpenAI tipped to join UAE mega data center project

OpenAI tipped to join UAE mega data center project

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Business

Asian stock markets suffer losses as trade war fears mount

Asian stock markets experienced a sharp decline amid growing concerns over a global trade war, with Donald Trump referring to his tariffs as “medicine” and showing no intention of backing down. Hong Kong’s Hang Seng index plummeted 13.2%, marking its biggest one-day drop since 1997, while the Shanghai Composite index fell 7.3%, the worst drop […]

Crypto betting platform Polymarket hits $1bn in trading volume
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Bitcoin crashes to $77K as global market bleed from Trump tariffs

Bitcoin plunged to a near one-month low in early Monday trading, extending a week-long decline as global markets reeled from escalating economic tensions triggered by new trade tariffs imposed by U.S. President Donald Trump. The move, widely criticized as a spark for a global trade war, has deeply shaken investor confidence and slashed appetite for […]

Electricity

FG to receive 3.2M electricity meters in April 2025 – Minister

The Federal Government has announced that it will receive the first batch of 3.205 million electricity meters in April 2025. This initiative is aimed at addressing the metering gap across the country. Minister of Power, Adebayo Adelabu, made the disclosure in a statement issued by his Special Adviser on Strategic Communications and Media Relations, Bolaji […]

Business

Senate pledges legislative support for $1bn Chinese investment

The Senate Committee on Solid Minerals has pledged to provide legislative support to protect Chinese companies intending to invest $1 billion in Nigeria’s solid minerals sector. The acting Chairman of the Committee, Senator Onawo Mohammed Ogoshi, assured a Chinese delegation during an interactive session that the Senate will provide enabling legislation to protect their investments […]

News

FRC cancels suspension on audit firm partner

The Financial Reporting Council has lifted the three-month suspension of Mr. Abel Onyeke, a partner at Nexia Agbo Abel & Co. This was revealed in a statement issued on Sunday, noting that the Council, in a notice signed by its Executive Secretary/Chief Executive Officer, Dr. Rabiu Olowo, dated March 20, 2025, had concluded its investigation […]

Oil and Gas

US crude oil drops below $60/barrel, lowest since 2021

United States oil prices dropped below $60 a barrel on Sunday due to concerns that President Trump’s global tariffs could push the U.S. and possibly the world into a recession. Futures for West Texas Intermediate crude fell over 3 per cent to $59.78, following back-to-back 6% declines last week. This marks the lowest price for […]

TikTok removes more Universal Music songs as conflict worsens
Tech

TikTok US deal stalls amid fresh tensions between China, Trump

Alex Omenye Efforts to finalize a deal to spin off TikTok’s United States’ operations have been put on hold after China signaled disapproval following President Donald Trump’s announcement of a sharp increase in tariffs on Chinese goods, Reuters reported. Trump on Friday extended the deadline for TikTok’s Chinese parent company, ByteDance, to divest its U.S. […]

AfDB President Adesina criticizes border opening for food imports
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FG, AfDB partner to launch agro-industrial zones programme

The Federal Government of Nigeria, in collaboration with the African Development Bank, will officially launch Phase One of the Special Agro-Industrial Processing Zones programme, supported by a $538 million investment. According to a statement from the AfDB on Sunday, groundbreaking ceremonies for the first phase will take place on April 8 in Kaduna State and […]

News

FG raises alarm over impact of Trump’s tariffs on Nigerian exports

The Federal Government has expressed concern over the negative impact of newly imposed United States tariffs on Nigeria’s oil and non-oil exports. It warned that the measures could strain trade relations and reduce the competitiveness of Nigerian products in the American market. In a statement issued on Sunday, Minister of Industry, Trade, and Investment, Dr. […]

Taiwan's President meets tech leaders to address US tariffs
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Taiwan’s President meets tech leaders to address US tariffs

Taiwan President Lai Ching-te met with top technology industry executives on Saturday to strategize responses to newly announced U.S. import tariffs, pledging full support to maintain Taiwan’s global economic edge and protect national interests. The meeting followed President Donald Trump’s sweeping tariff announcement on Wednesday, which imposed significantly higher import duties on dozens of trade […]

Microsoft's AI Chief speech interrupted by pro-Palestinian protest
News

Microsoft’s AI Chief speech interrupted by pro-Palestinian protest

Microsoft’s 50th anniversary celebration on Friday was briefly disrupted when an employee publicly protested the company’s ties to Israel, interrupting AI CEO Mustafa Suleyman during his speech in Redmond, Washington. “You are a war profiteer. Stop using AI for genocide,” shouted Microsoft employee Ibtihal Aboussad, as Suleyman discussed the company’s AI assistant products. Suleyman responded […]

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