Business

Finance ministry demands legal basis for N680m NAICOM

  • 10th August 2026

NGX listed firms earned ₦179.5bn finance income in

  • 10th August 2026

Nigeria’s monthly data consumption hits record 1.5mTB in

  • 10th August 2026

NITDA urges regulatory collaboration to support emerging technologies

  • 10th August 2026

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Finance ministry demands legal basis for N680m NAICOM charges

Business

Twin brothers join NNPC, defy myth of one hire

News

NERC dissolves Kaduna DisCo board over ₦456.5bn debt

Electricity

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

Finance

Blog

Business

FG earns N5.21tn from crude oil in H1

The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, earned N5.21 trillion from crude oil, gas sales, and other related activities in the first half of 2025. This amount accounts for 42.7% of the record N12.2 trillion generated throughout the entire 2024 fiscal year. However, this figure represents only 34.7% of the N15 trillion […]

News

Marketers accuses NNPCL CEO of neglecting P’Harcourt refinery’s rehabilitation 

The Petroleum Products Retail Outlets Owners Association of Nigeria has accused Bayo Ojulari, Group Chief Executive Officer of the Nigerian National Petroleum Company Limited of neglecting the revival of the Port Harcourt refinery. The PETROAN’s Zonal Chairman for System 2E (Eastern Zone), Sunny Nkpe, expressed concern in a statement on Monday about the slow progress […]

Aviation

Kwam 2: Obi condemns unequal treatment in Ibom Air passenger’s case

The Labour Party’s 2023 presidential candidate, Peter Obi, has condemned what he called double standards in Nigeria’s justice system after the recent Ibom Air incident involving Miss Comfort Emmanson. In a statement on X on Monday, Obi apologised to the Ibom Air crew assaulted by Emmanson but criticized the “dehumanising” treatment she received from security […]

Adidas apologises for copying indigenous Mexican sandal after criticism
News

Adidas apologises for copying indigenous Mexican sandal after criticism

Adidas has issued a public apology after Mexican President Claudia Sheinbaum accused the sportswear giant of replicating traditional Indigenous huarache sandals without crediting artisans. The controversy centres on the “Oaxaca slip-on,” a shoe launched five days ago in collaboration with Mexican-American designer Willy Chavarria. The design features a black sneaker sole topped with the leather […]

Apple testing Siri upgrade to let users control apps by voice
News

Apple testing Siri upgrade to let users control apps by voice

Apple is testing a new version of Siri that would allow users to perform actions across multiple apps entirely through voice commands, Bloomberg reported on Monday. The upgrade would build on Apple’s App Intents framework, which enables developers to make parts of their apps accessible via systems like search and Shortcuts. If successful, users could, […]

India seeks to keep US trade talks on track despite tariff hike
News

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

India hopes to press ahead with trade negotiations with the United States despite Washington’s decision to double tariffs on its exports to 50% in response to New Delhi’s continued purchase of sanctioned Russian oil, two lawmakers said on Monday. The foreign affairs parliamentary panel was briefed on the matter by the foreign secretary after U.S. […]

Aviation

FAAN warns passengers of travel disruptions at MMA Lagos

The Federal Airports Authority of Nigeria has issued a travel advisory for passengers using Murtala Muhammed Airport in Lagos. In a Monday statement, FAAN explained the advisory is due to protests by visually impaired individuals, leading to heavy traffic congestion on roads leading to the airport. “This is a Travel Advisory for passengers and commuters […]

El Salvador moves Bitcoin to offline vault
Crypto

Bitcoin hits $120,000, Ether dips slightly after peak

Bitcoin nears its all-time high after an overnight rally that also pushed ether to its highest levels since 2021. Bitcoin rose 1 per cent to $119,782, per Coin Metrics. Ether dipped about 1.6 per cent to $4,181 after soaring on Sunday to its highest since December 2021, having broken $4,000 for the first time since […]

Safaricom cuts fibre prices as Starlink faces decline in Kenya
News

Safaricom cuts fibre prices as Starlink faces decline in Kenya

Safaricom has slashed the cost of new business fibre connections by 25% for the next two months, targeting firms in fibre-ready buildings as satellite rival Starlink grapples with a shrinking user base. The price cut, announced at a Nairobi business forum on Monday, lowers the entry-level 15 Mbps plan to KES 2,249 ($17.44) a month […]

featured

Female passenger charged, remanded for assaulting Ibom Air officials

Comfort Emmanson, the passenger who assaulted airline officials on an Ibom Air flight from Uyo to Lagos, has reportedly been charged in court. The special adviser on media and communications to the Minister of Aviation and Aerospace Development, Tunde Moshood, stated that Emmanson is currently remanded at Kirikiri Correctional Facility. Moshood made the statement in […]

Oil and Gas

Africa’s 70% fuel import reliance threatens energy security

The African Refiners and Distributors Association has warned that Africa’s heavy reliance on imported petroleum products—currently as high as 70 per cent despite producing 5 million barrels of crude oil daily—poses a severe risk to the continent’s energy security. Executive Secretary Anibor Kragha described the dependence as dangerous, noting that a 30-day supply disruption could […]

Business

FMDQ grants CEO Bola Onadele shares worth N9.9bn

FMDQ Group Plc has awarded Share Appreciation Rights to its senior leadership, according to its 2024 annual report disclosed to investors and the public. The report reveals that the Chief Executive Officer was granted 1.3 billion shares valued at N9.9 billion, representing 5 per cent of the company’s total shareholding. Additionally, executive management, designated as […]

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