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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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Aviation

Lagos Airport to undergo major upgrade under N712.26bn FG investment

The Federal Government has unveiled fresh details of a N712.26 billion upgrade plan for the Murtala Muhammed International Airport in Lagos, positioning it as the centerpiece of a broader national aviation infrastructure investment. According to the Minister of Aviation and Aerospace Development, Festus Keyamo, the project will involve the complete reconstruction of the airport’s aging […]

Business

NERC hands over power market regulation to Nasarawa

The Nigerian Electricity Regulatory Commission has announced the transfer of regulatory oversight of the electricity market in Nasarawa State to the Nasarawa State Electricity Regulatory Commission. In a statement shared on its social media platforms on Saturday, NERC said the move aligns with the provisions of the 1999 Constitution and the Electricity Act 2023. “In […]

PwC raises concerns on effects of FG's tax on bank profits
featured

Solar panel import ban could undermine energy progress – PwC

A new report by global consulting firm PricewaterhouseCoopers has urged the Federal Government to reconsider plans for an immediate restriction on solar panel imports, warning that such a move could undermine Nigeria’s fragile progress in energy access and weaken investor confidence in the renewable energy sector. Titled “Rethinking Nigeria’s Proposed Solar Panel Import Policy”, the […]

NITDA to develop blockchain "Nigerium" for data Security
Tech

NITDA urges harmonization of government data systems

The National Information Technology Development Agency has emphasized the urgent need to harmonize data systems across government institutions to improve evidence-based planning and governance efficiency. Speaking at the inaugural meeting of the National Civil Registration and Vital Statistics Co-ordination Committee in Abuja, NITDA Director General Kashifu Inuwa said fragmented databases remain a major barrier to […]

Aviation

Aviation unions threaten sector shutdown over salary dispute

Unions in the aviation sector have issued a seven-day ultimatum to the Minister of Aviation and Aerospace Development, Festus Keyamo, over the continued failure to implement a new salary structure for staff of the Nigerian Airspace Management Agency. In a joint letter dated July 31, 2025, the unions warned that if the matter is not […]

featured

KPMG urges Nigerian banks to prepare for open banking rollout

KPMG has urged banks and financial institutions in Nigeria to accelerate their readiness for the rollout of open banking, expected to begin in August 2025. The advisory was part of KPMG’s latest report released on Thursday, titled “Modernising Core Banking Systems: Navigating Challenges to Achieve Resilient Transformation.” The report is a thought leadership outcome of […]

Business

Ex-Oman refinery head joins Dangote as petrochemical CEO

Nigeria’s Dangote Group has named David Bird, former CEO of Oman’s Duqm refinery, as the new chief executive of its petroleum and petrochemicals division, effective July 2025. The appointment, reported by S&P Global, comes as the company works to resolve operational hurdles and accelerate expansion following the launch of its 650,000 barrels-per-day Lagos refinery — […]

Tesla’s profits crash as sales slump, trade tensions loom
Business

US court orders Tesla to pay $329m over autopilot death

A United States jury has ruled that Tesla Inc. is partially liable for a fatal 2019 crash involving its Enhanced Autopilot system, ordering the electric vehicle manufacturer to pay $329 million in damages to the family of the deceased and an injured survivor. The verdict, delivered in the Southern District of Florida, marks a significant […]

Figma makes blockbuster NYSE debut, rises $47bn market cap
News

Figma makes blockbuster NYSE debut, raises $47bn market cap

Design software company Figma made a triumphant debut on the New York Stock Exchange on Thursday, ending years of anticipation with a dramatic opening that briefly triggered a trading halt due to volatility. Shares of the collaborative design software firm opened at $101 — triple its IPO price of $33 — and fluctuated throughout the […]

Apple hits 3bn global iPhones sales
News

Apple hits 3bn global iPhones sales

Apple has officially sold 3 billion iPhones since the iconic device launched in 2007, CEO Tim Cook announced during the company’s third-quarter earnings call on Thursday. The milestone underscores the iPhone’s enduring popularity. Apple reached its first billion iPhones sold in 2016 — nine years after launch. It has now doubled that figure in the […]

Court blocks 54gene asset sale amid legal battle
News

Court blocks 54gene asset sale amid legal battle

A Federal High Court in Lagos has issued an injunction halting the sale of defunct biotech 54gene’s assets, marking a dramatic twist in the legal saga engulfing one of Africa’s most celebrated biotech startups. The injunction prevents the dissolution of 54gene and blocks a planned sale that included a genomic biobank containing data from 100,000 […]

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