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

Aviation

NCAA to blacklist Kwam1 for six months over airport misconduct

The Nigeria Civil Aviation Authority has announced that popular Fuji musician Wasiu Ayinde, also known as Kwam 1, will be blacklisted for six months over his conduct at the domestic terminal of the Nnamdi Azikiwe International Airport in Abuja. This was disclosed Thursday by NCAA’s Director of Public Affairs and Consumer Protection, Michael Achimugu on […]

Business

CBN to sanction FX violators after forensic audit

The Central Bank of Nigeria says it will impose civil, administrative, or criminal sanctions on parties found to have violated foreign exchange regulations, following the completion of a forensic audit into undelivered forward contracts. The disclosure was made in a document titled Frequently Asked Questions on the Settlement of Undelivered Forward Contracts, published on the […]

featured

Nigeria exploring alternatives as US tariff kicks in – Minister

A 15 per cent United States tariff on Nigerian imports is set to take effect Thursday, but Nigeria seems largely unbothered, focusing instead on regional and alternative markets. Speaking to CNN on Wednesday, Trade Minister, Jumoke Oduwole, stated that the U.S.–Nigeria trade relationship is “primarily energy-focused,” noting that the government is actively working to expand […]

FG loses N335m to oil spillage - Report
News

Hold IOCs accountable for N’Delta pollution, group urges Senate

The Human and Environmental Development Agenda has called on the Senate to compel international oil companies to clean up decades of environmental damage in the Niger Delta. In a statement on Wednesday signed by its chairman, Olanrewaju Suraju, HEDA urged lawmakers to move beyond oil theft investigations and address what it described as “decades of […]

Business

FG crafts industrial roadmap to revive local production

The Federal Government is finalising a new Nigerian Industrial Policy aimed at reducing the country’s reliance on imports and boosting local manufacturing. Spearheaded by the Ministry of Trade in partnership with the Manufacturers Association of Nigeria, the policy seeks to raise the manufacturing sector’s contribution to GDP, which remains below 10%. Speaking at the 2025 […]

Business

FG to strengthen local energy supply chain amid global disruptions

The Federal Government says it is taking decisive action to strengthen Nigeria’s local energy supply chain as a safeguard against growing global disruptions that continue to threaten cross-border energy stability. Speaking at the 2025 Nigeria Annual International Conference and Exhibition of the Society of Petroleum Engineers in Lagos, Minister of State for Petroleum Resources (Oil), […]

Custom to free detained vehicles, amid FX crisis
Maritime

Customs engages stakeholders ahead of AEO migration

The Nigeria Customs Service has called on maritime stakeholders to transition from the Fast Track scheme to the Authorised Economic Operator Programme, ahead of the December 2025 deadline. Speaking during a sensitisation session in Ikeja on Wednesday, Comptroller-General of Customs, Adewale Adeniyi, described the AEO as a major shift in stakeholder engagement and trade facilitation […]

Business

Tinubu injects $1bn into Bank of Agriculture

President Bola Tinubu has approved the recapitalisation of the Bank of Agriculture with N1.5 trillion—about $1 billion—in what is being hailed as the most significant boost to agricultural financing in Nigeria’s history. The Federal Ministry of Agriculture announced the approval in a statement on Wednesday, describing it as a landmark intervention to strengthen the country’s […]

Business

PAPSS is Africa’s answer to global tariff war – UBA

The Group Managing Director and CEO of United Bank for Africa, Mr. Oliver Alawuba, has described the Pan-African Payment and Settlement System as Africa’s strategic response to the ongoing global tariff war. He made this remark on Wednesday during the launch of the Nigeria-Ghana payment corridor—a partnership between PAPSS and UBA—which enables UBA’s AI-powered chatbot, […]

Only 5% have over N500,000 in their bank accounts — Wale Edun
Business

FG’s N38.3tn assets under audit, reform — Finance ministry

The Ministry of Finance Incorporated has revealed that the Federal Government’s investment assets, valued at N38.3 trillion, are currently undergoing audit and reform aimed at enhancing transparency and improving corporate governance across public enterprises. MOFI Chief Executive Officer, Dr. Armstrong Takang, disclosed this on Wednesday in Lagos during the launch of the Nigerian Communications Commission’s […]

Former X CEO Linda Yaccarino joins AI health startup eMed
News

Former X CEO Linda Yaccarino joins AI health startup eMed

The former CEO of X (formerly Twitter), Linda Yaccarino, has been appointed CEO of eMed Population Health, an artificial intelligence startup focused on developing tech solutions for patients using GLP-1 drugs, such as Ozempic. Yaccarino, who previously served as a top advertising executive at NBCUniversal before joining X, spent two years leading the social media […]

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