Business

Over 90% of informal workers abandon personal pension

  • 27th July 2026

Oando plans power generation from abandoned oil wells

  • 27th July 2026

Senate replaces outdated insurance law with new regulatory

  • 27th July 2026

Nigeria secures $155m clean energy investments

  • 26th July 2026

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Over 90% of informal workers abandon personal pension plan

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Nigerian stocks sustain bullish run on blue-chip demand, Dangote

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IMF tasks central banks on stronger AI governance rules

featured Policy and Regulations

Oando plans power generation from abandoned oil wells

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Business

Nigeria, US exports help ease global jet fuel shortage

Fears of a jet fuel shortage ahead of the peak summer travel season have eased as increased refinery output and stronger exports from countries such as Nigeria help stabilize global aviation fuel supplies. According to the International Energy Agency in its June 17, 2026 report, higher production from refineries in the United States and Europe, […]

Business

FG rules out new taxes on telecom, petroleum products

The Federal Government has dismissed reports suggesting it plans to impose new taxes on telecommunications services and petroleum products, despite recommendations contained in the International Monetary Fund’s Article IV Consultation Report on Nigeria. The clarification was provided by the Senior Special Assistant on Communications and Press Secretary to the Minister of Finance and Coordinating Minister […]

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Diezani Alison-Madueke acquitted of all bribery charges in UK

Former Minister of Petroleum Resources, Diezani Alison-Madueke, has been cleared of all six bribery charges filed against her by UK prosecutors, concluding a closely watched corruption trial in London. A jury at Southwark Crown Court on Wednesday found Alison-Madueke not guilty on five counts of accepting bribes and one count of conspiracy to commit bribery […]

Investment

Investors lose ₦782bn as NGX extends losses

Trading on the Nigerian stock market extended its negative trend on Tuesday, with investors losing N782 billion, marking the third consecutive trading session of losses. The decline was driven by broad-based profit-taking, with losses recorded across insurance, banking, consumer goods, industrial and technology stocks. The market capitalisation depreciated by 0.50 per cent to N155.203 trillion […]

Uncategorized

NCRIB seeks pension fund reforms to deepen coverage

The Nigerian Council of Registered Insurance Brokers has said Nigeria’s insurance penetration could increase significantly if pension assets currently under the management of the National Pension Commission were reintegrated into the insurance sector. The NCRIB President, Mrs. Ekeoma Ezeibe, stated this on Tuesday at the 2026 Inaugural Annual Insurance Week held at Nnamdi Azikiwe University, […]

Telecommunications

Global 5G subscriptions hit 3.1 billion in Q1 — Report

Global 5G mobile subscriptions rose to 3.1 billion in the first quarter of 2026, with 162 million new subscriptions added during the period, according to Ericsson’s June 2026 Mobility Report released on Tuesday. The report projects that global 5G subscriptions will more than double to 6.4 billion by 2031 as network deployments and device availability […]

Electricity

W’Bank, AfDB to connect 50 million Africans to electricity

The World Bank and the African Development Bank have announced that Mission 300, an initiative aimed at providing electricity to 300 million Africans by 2030, has connected more than 50 million people to power across 40 countries, nearly two years after its launch. Nairametrics reported that this was disclosed in a joint statement issued by […]

Uncategorized

Apple privacy change could make anonymous sign-ups easier to block

Apple’s proposed changes to a privacy feature that allows subscribers to conceal their real email addresses when signing up for online services could make it easier for apps and websites to identify and block anonymous registrations. The feature, known as Hide My Email, is available to iCloud+ subscribers and generates unique @icloud.com email addresses that […]

Finance

CBN offers ₦450bn treasury bills at auction

The Central Bank of Nigeria is offering N450 billion worth of Nigerian Treasury Bills for auction on Wednesday, June 17, with the settlement date set for June 18. Nairametrics reported that this is according to the official notice to Primary Money Market Dealers on Tuesday. But this is much lower than the Debt Management Office’s […]

featured Tech

ChatGPT market share falls below 50% as AI rivals advance

More than three years after the launch of ChatGPT, the artificial intelligence assistant market is becoming increasingly competitive, with OpenAI’s dominance slipping below the 50 per cent threshold for the first time as rivals gain traction. According to Sensor Tower’s State of AI Report 2026, ChatGPT remains the world’s most widely used AI assistant, boasting […]

Opinion

Moniepoint CEO says Nigeria’s informal sector holds untapped growth

Moniepoint co-founder and Group CEO Tosin Eniolorunda has argued that African businesses are leaving a huge growth opportunity untapped by continuing to design products and services around formal economy customers while ignoring the vast informal sector that drives the majority of economic activity across the continent. Nairametrics reported that Eniolorunda made the remarks at the […]

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