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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

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Business

Debt servicing puts states’ fiscal stability at risk – NEITI

The Nigeria Extractive Industries Transparency Initiative has sounded a policy-backed warning over what it calls a “silent fiscal emergency” eroding the economic stability of states across the country. In a statement issued on Sunday in Abuja, NEITI’s Director of Communication and Stakeholder Management, Obiageli Onuorah, cautioned that mounting debt servicing burdens are severely limiting states’ […]

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

FG unveils e-fiscal system to curb tax evasion

The Federal Government has launched a national Electronic Fiscal System to modernise Nigeria’s tax administration, tackle evasion, and boost transparency in revenue collection. The Federal Inland Revenue Service said the platform, featuring an electronic invoicing tool called the Merchant-Buyer Model, went live on August 1, 2025, following a pilot phase that began in November 2024. […]

News

US launches $93m emergency food aid for Nigeria, others

The United States has unveiled a $93 million emergency food aid programme targeting 13 countries,12 of them in Africa, to combat worsening hunger and malnutrition. According to the US Department of State, the initiative will supply ready-to-use therapeutic food to nearly one million children suffering from severe malnutrition. The package includes 1,209 metric tons from […]

Aviation

Pilot union condemns NCAA sanctions against suspended ValueJet pilots

The National Association of Aircraft Pilots and Engineers has called on the Nigeria Civil Aviation Authority to lift the suspension of a ValueJet captain and first officer over the August 5 incident at Nnamdi Azikiwe International Airport, Abuja, involving Fuji star Wasiu Ayinde Marshal (K1 De Ultimate). NAAPE argued the sanctions were unfair, maintaining that […]

News

Tinubu approves new welfare measures for DBS pensioners

President Bola Tinubu has approved a set of measures to boost the welfare of pensioners under the Defined Benefit Scheme. In a statement, the Head of Corporate Communications at the Pension Transitional Arrangement Directorate, Olugbenga Ajayi, described the move as a significant milestone in Nigeria’s pension reform journey. Ajayi noted that PTAD had earlier cleared […]

Business

Nigerian crude prices drop, closes at $68.85 per barrel

Nigerian crude prices closed largely flat as investors weighed the chances of a potential US–Russia deal to end the Ukraine conflict winning global backing and meaningfully affecting Russian oil exports. Bonny Light edged up to $68.85 per barrel, snapping a six-day losing streak. Talks between Washington and Moscow reportedly aim to secure recognition of Russia’s […]

Truecaller app surpasses 450m users worldwide
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Truecaller hits 100m monthly users across Middle East, Africa

Truecaller, the global app for contact verification and blocking unwanted calls, has surpassed 100 million monthly active users across the Middle East and Africa as of August 2025. The milestone, which includes both Android and iOS users, reflects a 19% year-on-year increase. Nigeria ranks among Truecaller’s biggest MEA markets, alongside Egypt, South Africa, Kenya, Algeria, […]

Nvidia to become world's most valuable company
Tech

US grants Nvidia licenses to export H20 chips to China

The United States Commerce Department has begun granting Nvidia licenses to export its H20 chips to China, a US official said on Friday, clearing a major obstacle to the AI giant’s access to a key market. Last month, Washington reversed an April ban on selling the H20 chip to China. Nvidia had designed the processor […]

Business

NCC, IHS seek resolution to fuel supply crisis

Nigeria’s telecom regulator and IHS Towers are working to resolve a diesel supply blockade by oil sector unions that could disrupt mobile phone services for millions in Africa’s most populous nation. IHS, which runs over 16,000 base stations for MTN, Airtel, Globacom, and T2 ( formerly 9mobile), said the matter is already in court and […]

Complete NIN-SIM linkage to avoid disconnection, 9Mobile warns customers
Business

Nigeria’s 9mobile Telecom rebrands to T2

One of Nigeria’s leading telecommunications companies, 9mobile, has rebranded as T2 in a major corporate identity overhaul. The new brand was unveiled on Friday at the Eko Convention Centre in Lagos. The name change follows LH Telecommunication Limited’s acquisition of a majority stake in the network provider a year ago. LH Telecommunication now owns 95.5 […]

Aviation

KWAM1 issues apology after incident at Abuja airport

Wasiu Ayinde Marshal, the Fuji singer widely known as KWAM 1 and K1 De Ultimate, has issued an apology following an incident at Nnamdi Azikiwe International Airport in Abuja. The controversy erupted on August 5 when the Federal Airports Authority of Nigeria revealed that the 68-year-old artist tried to board a ValueJet Airlines flight to […]

News

US versity data breach exposes nearly 900,000 individuals

A recent data breach at Columbia University has exposed the personal information of nearly 900,000 individuals, including current students and applicants. The breach came to light following a technical outage in June that disrupted several university systems. Columbia University notified those potentially affected in a data breach alert. Initially, the university denied reports of a […]

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