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Naira closes week stronger at N1,534.72/$

The naira ended the trading week on a stronger note, appreciating slightly to close at N1,534.72 per U.S. dollar in the official foreign exchange market on Friday, according to figures released by the Central Bank of Nigeria. This marks a marginal gain of 4.52 kobo or 0.05 percent from Thursday’s rate of N1,534.79, capping off […]

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26th July 2025
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Nigerians in the UK face job loss over sponsorship eligibility

Panic has spread among the Nigerian community in the United Kingdom following the UK government’s decision to remove over 100 job roles from its Certificate of Sponsorship list, a key requirement for foreign nationals working under Skilled Worker visas. The policy, which took effect on July 22, 2025, threatens the legal status of thousands of […]

aomenyepdnlimited-com
26th July 2025
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Australia fines Google $36m over anticompetitive search engine deals

Business

Google partners Energy Dome to advance 24/7 carbon-free energy goal

Google has entered into a commercial partnership with Milan-based Energy Dome, marking its first long-duration energy storage agreement as part of its push to power operations with 24/7 carbon-free energy by 2030. Announced Friday, the deal includes a strategic investment by the U.S. tech giant in the Italian energy storage firm, which is known for […]

monwubukepdnlimited-com
26th July 2025
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Access Bank nears final stages of National Bank of Kenya acquisition

Banking

Access Bank expands global footprint with AfrAsia acquisition

Access Bank Plc, through its wholly owned subsidiary Access Bank UK Limited, has completed the acquisition of a 76% majority stake in AfrAsia Bank Limited, a Mauritius-based commercial bank known for connecting banking services across Africa, Asia, and international markets. The deal, which secured all necessary regulatory approvals from the Bank of Mauritius and the […]

monwubukepdnlimited-com
25th July 2025
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421 Views

Business

States lack power to cut national grid electricity tariffs – NERC

The Nigerian Electricity Regulatory Commission has stated that state governments and their regulatory bodies do not have the authority to independently reduce electricity tariffs for power drawn from the national grid. This clarification was issued in a Public Notice released on Thursday, titled “Application of Multiple Tariff Regimes in the Nigerian Electricity Supply Industry.” The […]

monwubukepdnlimited-com
25th July 2025
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Onne customs reports N643bn revenue for 2024

Business

Nigeria Customs intercepts ₦919.5m worth of smuggled rice at Seme border

The Nigeria Customs Service, Seme Area Command, has announced the interception of five trucks carrying 2,800 bags of smuggled foreign parboiled rice, with a total Duty Paid Value of ₦919.5 million. Customs Area Controller Dr. Benedict Oramalugo disclosed the seizure on Thursday during a press briefing at the Joint Border Post in Seme. He said […]

monwubukepdnlimited-com
25th July 2025
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224 Views

Bolt hits 250m ride after seven years in Nigeria

News

Court backs FIRS on VAT collection from ride-hailing services

The Federal High Court in Lagos has ruled in favour of the Federal Inland Revenue Service, affirming its authority to collect Value Added Tax on food delivery and transport services offered through digital platforms such as Bolt. Justice Akintayo Aluko delivered the judgment on Thursday, dismissing an appeal filed by Bolt’s Nigerian operators against an […]

monwubukepdnlimited-com
25th July 2025
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242 Views

Dangote Refinery loses N32.5bn after petrol price cut

featured

Dangote Refinery to hit 700,000bpd capacity by December — Report

The Dangote Petrochemical Refinery is expected to raise its nameplate capacity to 700,000 barrels per day by December 2025, marking a significant boost to Nigeria’s domestic refining capabilities, according to a new report by Argus Media. The projected increase of 50,000 barrels per day from its current 650,000bpd capacity is attributed to ongoing operational optimisation […]

monwubukepdnlimited-com
25th July 2025
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214 Views

US passport slips to 10th in global power rankings

The United States passport has fallen to its lowest-ever position in the 20-year history of the Henley Passport Index, now ranking 10th in the world. Once the world’s most powerful passport in 2014, the U.S. now trails behind 33 other countries when tied scores are taken into account. The index, compiled quarterly by London-based firm […]

aomenyepdnlimited-com
25th July 2025
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375 Views

News

Starlink restores service after two-hour global outage

SpaceX’s Starlink satellite internet service, which experienced a widespread outage on Thursday, disrupting connectivity for users across the globe for more than two hours, has been restored. According to outage tracking site DownDetector, reports of service disruptions began around 3:20 p.m. ET. SpaceX acknowledged the issue at 4:05 p.m. via a post on Starlink’s official […]

aomenyepdnlimited-com
25th July 2025
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271 Views

Apple faces $1.1bn in tariff costs as trade tensions escalates

Tech

Apple unveils iOS 26 beta with new ‘liquid glass’ design

Apple Inc. on Thursday released the public beta of iOS 26, giving users an early look at one of the most significant iPhone interface redesigns in over a decade. The beta version—now available to iPhone users globally—marks a major shift in Apple’s mobile software strategy. Dubbed “Liquid Glass,” the new design introduces translucent buttons and […]

monwubukepdnlimited-com
24th July 2025
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215 Views

https://scratched-wizard-8e4.notion.site/We-Raised-A-1-58m-Seed-Round-And-Turned-3-15c0c5d0dbb84a369766e61a9d6a977c

Tech

Musk’s Starlink suffers widespread outage

Elon Musk’s satellite internet service, Starlink, experienced a network outage on Thursday. The company confirmed the disruption and said it was working to resolve the issue. More than 60,000 users reported connectivity problems on Downdetector, a platform that tracks service outages. Elon Musk apologized for the disruption on his social media platform X, assuring users […]

monwubukepdnlimited-com
24th July 2025
0 Comments
183 Views

Finance ministry demands legal basis for N680m NAICOM

NGX listed firms earned ₦179.5bn finance income in

Nigeria’s monthly data consumption hits record 1.5mTB in

NITDA urges regulatory collaboration to support emerging technologies

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Naira closes week stronger at N1,534.72/$

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