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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Senate replaces outdated insurance law with new regulatory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

featured Finance

IMF tasks central banks on stronger AI governance rules

featured Policy and Regulations

Oando plans power generation from abandoned oil wells

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Tech

AI, digital tools could transform global plant conservation – Report

Scientists say advances in artificial intelligence and digital technology could mark a critical breakthrough in the race to identify and protect plant species before they disappear, according to a major report by the Royal Botanic Gardens, Kew. Emerging technologies are helping researchers monitor changes in flowering seasons across the globe, quickly identify newly discovered specimens, […]

Electricity

TCN raises alarm over power transmission vandalism in Niger

The Transmission Company of Nigeria has raised concerns over increasing vandalism of power transmission infrastructure in parts of Niger State, warning that the trend poses serious economic, safety and electricity supply challenges. Vanguard reported that speaking during a community engagement visit to Lambata in Gurara Local Government Area on Monday, the General Manager, Transmission, Abuja […]

E-commerce

Digital postcode system will transform Nigerian commerce — Bosun Tijani

The Federal Government has said Nigeria’s Digital Alphanumeric Postcode System, scheduled for launch this year, will transform commerce, strengthen security and significantly reduce delivery costs nationwide. Vanguard reported that speaking at the National Digital Alphanumeric Postcode System workshop in Abuja, Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, described the initiative as critical […]

Housing

NIPOST targets unique digital postcode for every building nationwide

The Nigerian Postal Service has reaffirmed its commitment to implementing a National Digital Postcode System to assign a unique digital address to every addressable building across the country. The PUNCH reported that speaking at the unveiling of the Post Code Delineation Model Validation 2026 in Abuja on Monday night, the Postmaster General and Chief Executive […]

Business

Sigma pulls out of $10bn bid to acquire UK pharmacy chain Boots

Australian pharmaceutical group Sigma Healthcare has withdrawn from its bid to acquire UK pharmacy chain Boots, ending plans for a potential $10bn (£7bn) takeover. Sigma, which operates as both a wholesaler and retailer, said on Monday that acquiring the high street pharmacy business, operator of about 1,800 UK stores, would not align with its strategic […]

Business

EU trade deficit with China hits record €1b daily0

The European Union’s trade deficit with China has surged to a record €1 billion (about £0.8 billion) per day, according to official trade figures, raising fresh concerns about the resilience of Europe’s industrial base. Data from Eurostat shows the gap between EU imports from China and exports to China reached €31.9 billion in April alone. […]

Tech

Experts urge US to reverse export ban on Anthropic AI models

A group of dozens of cybersecurity experts, including several prominent industry veterans, has published an open letter to the United States government urging it to reverse an export control order placed on Anthropic’s Fable and Mythos models. The letter argues that the restriction has effectively “taken the best models away from [cybersecurity] defenders,” limiting their […]

featured Finance

Naira depreciates to ₦1400/$ at parallel FX market

The Naira on Monday depreciated to N1,400 per United States dollar in the parallel market from N1,390 per dollar last weekend. However, the naira appreciated to N1,356 per dollar in the Nigerian Foreign Exchange Market. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the market fell to N1,356 […]

Business

Dangote, AFC sign $600m deal to boost fertiliser output

The Dangote Group has reinforced its strategic partnership with the Africa Finance Corporation through the signing of a $600 million loan agreement aimed at expanding fertiliser production capacity and enhancing food security across Nigeria and the African continent. According to a statement issued by the company on Monday, the financing facility granted to GreenView Fertiliser […]

featured Oil and Gas

Oil, gas, banking stocks drag market into bearish mode

The Nigerian equities market relapsed into a bearish mode on Monday, June 15, 2026, as investors resumed profit-taking in oil and gas and banking heavyweights, erasing approximately N945 billion from investors’ wealth. The NGX All-Share Index declined by 0.60 per cent to close at 243,271.57 points, while market capitalisation shed an equivalent percentage to settle […]

Business

Nigeria lost N1.75tn in crude export revenue in Q1 – NBS

Nigeria’s crude oil export earnings dropped by N1.75tn in the first quarter of 2026, despite higher global crude prices, according to data released by the National Bureau of Statistics. The NBS, in its Foreign Trade in Goods Statistics report for Q1 2026, disclosed that crude oil exports were valued at N11.20tn, down from N12.96tn recorded […]

Aviation

FAAN probes staff over alleged N4.4bn gold smuggling scheme

The Federal Airports Authority of Nigeria has launched an official investigation into allegations of gold smuggling involving some of its personnel. The development follows the arrest of a FAAN Aviation Security officer, Ali Baffa, by operatives of the Economic and Financial Crimes Commission over an alleged attempt to smuggle gold valued at N4.4 billion out […]

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