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NGX listed firms earned ₦179.5bn finance income in

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Nigeria’s monthly data consumption hits record 1.5mTB in

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NITDA urges regulatory collaboration to support emerging technologies

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Reps move to reform aviation laws, propose new

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Twin brothers join NNPC, defy myth of one hire

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NERC dissolves Kaduna DisCo board over ₦456.5bn debt

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Lagos, FCT, Rivers owe 43% of states’ debt —

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Airline operators lift lifetime ban on Ibom Air passenger

The Airline Operators of Nigeria has lifted the lifetime ban on Comfort Emmanson, the passenger accused of unruly conduct aboard an Ibom Air flight on August 10. AON spokesperson, Obiora Okonkwo, announced the development on Thursday, saying the decision came after Minister of Aviation and Aerospace Development, Festus Keyamo, appealed for a review of the […]

Manufacturers, importers to stop supplying drugs to Kano market
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NAFDAC raises alarm over fake Cowbell “Our Milk” in circulation

The National Agency for Food and Drug Administration and Control has issued a public alert over the circulation of counterfeit Cowbell “Our Milk” products. In a notice on its official website, the agency said Promasidor Nigeria, makers of Cowbell “Our Milk,” reported the discovery of imitations closely resembling the original, bearing unauthorized use of the […]

Business

Tinubu orders review of revenue deductions by NNPC, FIRS, customs

President Bola Tinubu has directed a review of deductions and revenue retention practices by key federal revenue-generating agencies. According to the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, the move aims to improve public savings, enhance spending efficiency, attract investment, and free up resources for national growth. Edun disclosed this while […]

FCTA shuts FIRS, Access Bank Abuja offices over rent debt
Business

FIRS unveils 16 tech firms for e-invoicing platform rollout

The Federal Inland Revenue Service on Thursday introduced 16 technology firms appointed as service providers to help taxpayers onboard its e-invoicing platform ahead of the November 1, 2025 deadline. FIRS said the firms were certified by the National Information Technology Development Agency for their technical capacity to deliver the required services. Acting Director of Tax […]

WhatsApp accuses Moscow of attempting to block communications
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WhatsApp accuses Moscow of attempting to block communications

WhatsApp has accused Russia of trying to cut off more than 100 million people from secure messaging, after authorities restricted calls on the Meta-owned app and rival Telegram. The move comes as Moscow pushes state-backed alternatives and tightens control over the country’s internet space. Russia’s communications watchdog said on Wednesday it had begun limiting some […]

Meta plans fourth AI overhaul in six months
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Meta’s AI allowed bots hold romantic chats with children – Reports

Meta Platforms’ internal rules for its AI assistants once permitted chatbots to engage children in romantic or sensual conversations, generate false medical information, and produce racially demeaning statements, according to a Reuters review of a company document. The 200-page “GenAI: Content Risk Standards” manual outlined acceptable behavior for Meta AI on Facebook, Instagram, and WhatsApp. […]

Jaguar Land Rover recalls 121,500 vehicles in US over suspension fault
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Jaguar Land Rover recalls 121,500 vehicles in US over suspension fault

Jaguar Land Rover, owned by India’s Tata Motors, is recalling more than 121,500 vehicles in the United States due to a potential safety defect in the front suspension, the U.S. National Highway Traffic Safety Administration announced on Wednesday. According to the regulator, the recall affects certain Range Rover and Range Rover Sport models that may […]

South African auto industry suffers closures, 4,000 jobs lost
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South African auto industry suffers closures, 4,000 jobs lost

Low domestic sales, an influx of imported vehicles, and stagnant local content levels have forced 12 company closures and cost more than 4,000 jobs in South Africa’s motor industry over the past two years, Trade Minister Parks Tau said on Wednesday. Speaking at an auto parts conference, Tau noted that South Africa produced 515,850 vehicles […]

Xiaomi to launch electric car in South Africa
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Xiaomi to launch electric car in South Africa

Chinese electronics giant Xiaomi is set to introduce its fastest electric vehicle, the SU7 Ultra, to the South African market in the coming months. While the company has yet to confirm an exact launch date or pricing, the high-performance model is already turning heads internationally. The SU7 Ultra has outpaced some of the world’s most […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
News

FG to cancel over 1,000 dormant mining licences

The Minister of Solid Minerals Development, Dr. Dele Alake, has revealed plans to cancel over 1,000 dormant mining licences nationwide. This initiative is part of the Federal Government’s effort to streamline the licensing system and boost the mining and steel sector for industrial growth. In May 2024, the government had already revoked 924 inactive mining […]

Business

FG to revive all moribund steel companies nationwide

The Federal Government says it will revive all moribund steel companies nationwide, more than 20 years after a failed privatisation drive left once-thriving plants in decay. It noted that restoring both privatised and government-owned steel assets will enable them to contribute to national development as originally intended. President Bola Tinubu announced the initiative on Wednesday […]

Business

FG approves N13bn for Lagos transmission industrial project

The Federal Executive Council has approved N13 billion for compensation under the Lagos Transmission Industrial Project, as part of efforts to modernize Nigeria’s power infrastructure and boost electricity supply for industrial development. Minister of Power Adebayo Adelabu announced this on Wednesday following the FEC meeting chaired by President Bola Tinubu in Abuja. He noted that […]

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