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

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Oil and Gas

Nigeria produced 1.372tn SCF of gas in H1 2025 – NUPRC

Nigeria produced a total of 1.372 trillion Standard Cubic Feet of natural gas between January and June 2025, marking a notable increase from the previous year, according to new figures from the Nigerian Upstream Petroleum Regulatory Commission. The report highlights improvements in gas utilisation, though gas flaring remains a challenge across oil and gas operations. […]

Taiwan nurtures future chip talent amid declining birth rate
News

Taiwan nurtures future chip talent amid declining birth rate

Taiwan is piquing interest in chips by organizing summer camps designed to spark interest in Taiwan’s chip industry. Dressed in white protective gear and a face mask, 16-year-old Nicolas Chueh listened attentively as a guide explained the inner workings of Taiwan’s advanced semiconductor machinery. Chueh, a dual Taiwanese-Belgian national living in Singapore, was one of […]

N130bn Sukuk listed on NGX, FMDQ - DMO
Business

DMO unveils August 2025 bond offer with attractive returns

The Debt Management Office has opened subscription for the August 2025 issuance of the Federal Government of Nigeria Savings Bonds, offering yields of up to 15.401% per annum. According to a circular published on its website Monday, the subscription period runs from Monday, August 4 to Friday, August 8, 2025. This month’s offering includes two […]

Italy fines Shein €1m for misleading green claims
News

Italy fines Shein €1m for misleading green claims

Italy’s competition watchdog, AGCM, has fined Chinese fast fashion giant Shein €1 million ($1.16 million) for misleading consumers about the environmental impact of its products. The fine targets Infinite Styles Services Co. Limited, the Dublin-based firm responsible for Shein’s European website, following a months-long investigation into “greenwashing” practices. The probe, which began in September 2024, […]

US court revives lawsuit against Elon Musk over child porn content
News

US court revives lawsuit against Elon Musk over child porn content

A United States federal appeals court on Friday reinstated part of a lawsuit accusing Elon Musk’s social media platform, X (formerly Twitter), of fostering an environment that allowed child exploitation content to thrive. While the court upheld broad legal protections for the platform under Section 230 of the Communications Decency Act, it ruled that X […]

Business

No contract awarded for Baro Port under Oyetola, ministry clarifies

The Federal Ministry of Marine and Blue Economy has dismissed claims that Minister Adegboyega Oyetola awarded a multibillion-naira contract for the Baro Inland Port project, describing the reports as false and misleading. In a statement on Sunday, the Minister’s Special Adviser on Media and Communications, Dr Bolaji Akinola, clarified that no such contract has been […]

News

FG attracts N70bn in private capital to tackle housing deficit

The Federal Government has secured over N70 billion in private investment through Public-Private Partnerships to support its Renewed Hope Housing Programme, a flagship initiative targeting Nigeria’s housing deficit. Minister of Housing and Urban Development, Ahmed Musa Dangiwa, announced the development while declaring open the 19th Africa International Housing Show. He also unveiled a new state-by-state […]

News

Tinubu moves to prevent disruption of NNPC-funded road projects

President Bola Tinubu has intervened in response to growing concerns over potential funding disruptions to key road projects under the NNPC Limited Tax Credit Scheme. To prevent delays and reassure stakeholders, the President has directed the continued implementation of the scheme and the prompt release of payments to contractors. Conveying the President’s stance during a […]

News

AfDB completes eight agro-processing zones in Nigeria

The Senior Special Adviser to the President of the African Development Bank, Prof. Banji Oyelaran-Oyeyinka, has announced the completion of eight Special Agro-Industrial Processing Zones across Nigeria under Phase I of the programme, with an additional 28 zones currently in the pipeline. He disclosed this on Saturday during the groundbreaking ceremony for a new SAPZ […]

featured

220 oil blocks remain untapped across Nigeria – NUPRC

Nigeria has 220 open oil blocks across its onshore and offshore basins, according to data from the Nigerian Upstream Petroleum Regulatory Commission. This comes amid rising national debt and persistent crude supply challenges affecting local refineries. The data shows that the deep offshore region holds the largest share, with 59 unlicensed blocks—underscoring the vast untapped […]

OPEC+ lacks capacity to raise oil prices, says expert
Business

OPEC+ to raise oil output by 547,000bpd in September

OPEC+ announced on Sunday that it will increase oil production by 547,000 barrels per day in September, accelerating its efforts to reclaim global market share amid growing fears of supply disruptions linked to Russia. The decision represents a complete and early rollback of the alliance’s largest production cuts, along with an additional output boost for […]

Hacker group Lockbit leaks Boeing data
Aviation

Boeing faces first strike in nearly 30 years as union rejects contract

Boeing Co. is facing its first strike in nearly 30 years at its defense facilities near St. Louis, United States, after union members rejected a revised contract offer. Approximately 3,200 machinists are expected to begin striking at midnight, following a vote against a proposal that included a 20% wage increase and higher retirement contributions. The […]

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