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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Senate replaces outdated insurance law with new regulatory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

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Oando plans power generation from abandoned oil wells

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ATCON raises alarm over barriers to fibre broadband expansion

Telecommunications operators and regulators are facing increasing pressure to remove obstacles hindering Nigeria’s fibre broadband expansion as industry stakeholders gear up for a high-level policy forum in Lagos. The Association of Telecommunications Companies of Nigeria said challenges affecting fibre-to-the-home deployment have become a major concern for the country’s digital transformation efforts, warning that existing bottlenecks […]

Uncategorized

FG releases N2.68tn of N54.93tn budgeted for roads, bridges

The Federal Government released about N2.68tn for the construction, rehabilitation and maintenance of roads and bridges nationwide between 2023 and April 2026. However, the analysis showed a wide gap between budgeted allocations and actual releases, with N54.93tn earmarked for road projects during the period, according to The PUNCH. The figures underscore the government’s growing focus […]

Business

Microsoft calls for practical AI deployment across Nigeria

Microsoft has urged Nigeria to move beyond developing artificial intelligence policies and focus on deploying the technology to achieve tangible results across government, industry and society. Speaking at the AI Summit Nigeria in Abuja on Tuesday, Microsoft’s Government Affairs Director for West Africa, Mrs. Nonye Ujam, said the country should prioritise practical AI implementation that […]

Tech

UK ministers court Trump over child social media ban

United Kingdom ministers have launched an intensive lobbying effort to avert a potential backlash from the Donald Trump administration over Prime Minister Keir Starmer’s newly announced ban on social media use for under-16s. UK government officials said they had spent weeks engaging with senior US officials and President Trump’s team to reassure them that the […]

Economy

If you import from third-world countries you become like them — Trump

United States President Donald Trump has explained the reasons for his admistration’s broader efforts to tighten immigration policies, especially on third-world countries. This was made known in a post on his Truth Social, renewing his criticism of immigration on Tuesday. Trump opined that the large-scale migration from developing countries could affect the future of the […]

Finance

IMF warns stablecoins could weaken naira’s monetary policy

The International Monetary Fund has warned that the growing use of United States dollar-denominated stablecoins in Nigeria could weaken demand for the naira and reduce the effectiveness of the country’s monetary policy framework. Nairametrics reported that the warning was contained in a report titled “Stablecoins in Nigeria: A Growing Cross-Border Channel,” which examined the rapid […]

Technology

Meta launches AI mode search on Facebook

Global tech giant, Meta has introduced a new set of AI-powered features on Facebook designed to help users find answers, create shareable content, and edit photos more easily, the company disclosed in a post on its website on Monday. Central to the rollout by Meta is AI Mode, a new search experience powered by Meta […]

Finance

Naira holds stable against British pound at ₦1850/£

The Nigerian currency maintained its relatively stable run against the British currency on the Nigerian foreign exchange market, amid a rebound in the British pound sterling in the global foreign exchange market. Market action shows that GBP/NGN spot has stayed within a stable band: CBN’s latest data showed it settled at N1,850/£1 The Naira’s best […]

Economy

Africa needs to expand fish farming sector — UN

Africa needs to urgently expand its fish-farming sector to meet its food needs, the head of the UN’s fisheries division said Tuesday, even as its latest report found record production levels globally. Fish and seafood is now a $184-billion trade, according to the State of World Fisheries and Aquaculture report by the United Nations’ Food […]

Business

SpaceX inks $60b deal to acquire AI startup Cursor

SpaceX announced on Tuesday that it has signed a formal agreement to acquire artificial intelligence startup Cursor in an all-stock deal valued at $60 billion, a closely watched transaction that comes just days after the company’s record-breaking Nasdaq debut. Founded in 2022, Cursor developed a widely used AI-powered coding assistant that helps software developers generate, […]

featured Oil and Gas

Oil prices slide below $80 on US-Iran peace hopes

Global oil prices extended their decline on Tuesday, falling to their lowest levels in about three months as investors reacted positively to expectations that the Strait of Hormuz could soon reopen following a peace agreement between the United States and Iran. Brent North Sea crude, the international benchmark for oil prices, dropped by 3.8 per […]

Tech

SpaceX overtakes Microsoft, Amazon, becomes fourth most valuable US company

SpaceX shares surged about 10 per cent on Tuesday, extending the momentum from the company’s record-breaking IPO last Friday and cementing its status as one of the most valuable companies in the United States. The rally briefly propelled SpaceX past Microsoft in market capitalization, making it the fourth-largest U.S. company. During mid-morning trading, SpaceX’s market […]

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