Business

AMCON recovers N165bn from bank debtors in H1

  • 27th July 2026

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Senate replaces outdated insurance law with new regulatory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

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AMCON recovers N165bn from bank debtors in H1 2026

Business

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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Business

South Africa raises alarm over economic cost of xenophobia claims

The South African government has expressed concern over the economic impact of xenophobia-related allegations, saying the claims are affecting the livelihoods of its citizens and businesses abroad. Speaking in an interview with SABC on Sunday, South Africa’s Minister of Justice and Constitutional Development, Mmamoloko Kubayi, said the recent mass deportation exercise in the country was […]

Helth

Anambra seals unregistered clinics, health facilities

The Anambra State Ministry of Health, on Monday, sealed an unregistered health facility, Vick-Benedict’s Home, at Ifitedunu in Dunukofia LGA. The State Government also shut down facilities operated by some unauthorised Traditional Birth Attendants. The Commissioner for Health, Dr Afam Obidike, disclosed this during an enforcement conducted in the area, accompanied by the Director of […]

Food

Tomato prices will crash in October — Farmers

Tomato farmers under the auspices of the Tomatoes and Orchard Producers Association of Nigeria, TOOPAN, on Sunday, assured Nigerians of tomato prices crashing in October. Speaking with Vanguard, the president of TOOPAN, Mr Oyeleke Bola, said the current supply is far below meeting the current demand by those who consume the fresh tomato and large […]

Mobile phones

UK to ban social media access for under 16s

British Prime Minister Keir Starmer has announced plans to introduce a total ban on social media access for children under the age of 16, citing concerns over child safety and mental health impacts. Starmer said on Monday that social media platforms are “making children unhappy” and exposing them to harmful and addictive content. He said […]

Oil and Gas

Oil prices fall as US-Iran deal reopens Hormuz Strait

Oil prices fell sharply on Monday while global equities rallied after the United States and Iran announced a deal to end their conflict and reopen the Strait of Hormuz, easing fears of supply disruptions. According to AFP, the two countries confirmed the agreement following a mediation effort by Pakistan, with a formal signing ceremony expected […]

featured Finance

Nigerians, others borrowed $3.18bn airtime credit in 2025 — Optasia

Mobile phone subscribers in Nigeria and other emerging markets borrowed airtime worth $3.18bn on credit in 2025, with Africa accounting for more than 94 per cent of the total, according to the latest financial statements of fintech firm Optasia. The PUNCH reported that the company’s 2025 consolidated financial statements showed that airtime advances granted through […]

featured Food

Food beverage firms cut jobs amid rising costs

Nigeria’s food and beverage industry is facing worsening employment crisis as rising production costs, foreign exchange volatility and regulatory measures continue to force companies to cut jobs and scale down operations. Consequently, the Food, Beverage and Tobacco Senior Staff Association has raised the alarm over increasing layoffs across the sector, warning that unless urgent interventions […]

Banking

ATM, e-banking charges push banks’ earnings to N224.69bn

Nigerian banks earned N224.69bn from electronic banking services and ATM/card-related charges in the first quarter of 2026, marking a 12.56 per cent increase from N199.61bn recorded in the same period of 2025, according to an analysis of the unaudited financial results of 11 listed lenders. The growth reflects the continued expansion of digital banking and […]

Business

PenCom launches monitoring platform to enforce pension compliance

The National Pension Commission has stepped up efforts to enforce compliance with the Contributory Pension Scheme by launching a dedicated monitoring platform aimed at states yet to fully implement the pension system. As part of the initiative, the commission inaugurated the first Bi-Annual Consultative Session for Heads of Service from non-compliant states, a move designed […]

Business

Dangote refinery cuts West Africa fuel imports

The expansion of the Dangote Petroleum Refinery has led to a sharp reduction in clean petroleum product imports into West Africa, significantly altering regional tanker traffic and shipping patterns, according to a report by S&P Global. Data from S&P Global Commodities at Sea showed that West Africa’s imports of clean refined products fell by 23 […]

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