Business

Lagos insists on valid planning permits for all

  • 16th May 2025
UK economy hits unexpected growth

Reforms position Nigeria as emerging investment hub –

  • 15th May 2025
Ogun cargo airport to employ 25000 youths on completion - Dapo Abiodun

Mamuda Beverages invests $50m in new industrial facility

  • 14th May 2025

Nigeria ships first Obodo crude blend, says NUPRC

  • 14th May 2025

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Some Populer Post

Nigeria’s non-oil exports rise to $1.79bn in Q1 2025 – NEPC

Nigeria’s exports to US fall over 20% in Q1

Business

Two dead, many injured as Mexican navy ship crashes

News

Singapore’s Changi Airport ranks world’s best for food lovers

Travel

Colombia tops global bird count, breaks tourism records

Business

Blog

Backlash as Benin DisCo heaps curses on electricity vandals, prepaid-meter bypassers
News

Backlash as Benin DisCo heaps curses on electricity vandals, prepaid-meter bypassers

The Benin Electricity Distribution Company has stirred controversy after publicly cursing individuals involved in vandalizing transformers and bypassing prepaid meters. In a post shared Wednesday on its official X (formerly Twitter) handle, BEDC wrote: “E no go beta for who dey vandalize transformer and who dey bypass.” The unusual statement quickly drew mixed reactions from […]

Trump to slash US tariffs on China 'substantially'
World

Porsche, Mercedes face $3.7bn hit as Trump imposes 25% tariff

Porsche AG and Mercedes-Benz Group AG are expected to be the hardest hit by President Donald Trump’s new 25% tariff on imported cars, set to take effect on April 3, 2025. The additional duties could cost the automakers around €3.4 billion ($3.7 billion), significantly impacting their projected 2026 earnings, according to Bloomberg. To counter the […]

President Tinubu to reduce inflation to 15% by 2025
News

Tinubu strengthens NCDMB with four new appointments

President Bola Tinubu has approved the appointment of four new members to the Governing Council of the Nigerian Content Development and Monitoring Board. This decision aims to fill existing vacancies and enhance the board’s capacity to promote local content in Nigeria’s oil and gas industry. The announcement was made in a statement on Thursday by […]

Oil and Gas

Dangote still selling fuel in naira – PETROAN

The Petroleum Products Retail Outlets Owners Association of Nigeria on Wednesday confirmed that Dangote Refinery has not yet started selling petroleum products in dollars, despite earlier concerns. PETROAN President, Billy Gillis-Harry, stated on Arise Television that members of the association are still purchasing products in naira. Gillis-Harry said that despite talks of a possible suspension, […]

ChatGPT’s AI image feature delayed for free users
News

ChatGPT’s AI image feature delayed for free users

OpenAI CEO Sam Altman announced Wednesday that the rollout of ChatGPT’s highly anticipated AI image feature to free users has been delayed due to overwhelming demand. “Images in ChatGPT are wayyyy more popular than we expected (and we had pretty high expectations),” Altman stated in a post on X. The delay follows OpenAI’s announcement on […]

OpenAI updates ChatGPT search tool to enhance online shopping
News

OpenAI projects positive cash flow by 2029 amid rising AI costs

Artificial intelligence company OpenAI has disclosed that its path to a cash-flow positive is until 2029, Bloomberg News reported on Wednesday, citing a person familiar with the matter. The artificial intelligence leader is contending with steep expenses associated with chips, data centers, and skilled talent required for the advancement of its cutting-edge AI systems, according […]

X poised for first ad revenue growth since Musk takeover
News

X poised for first ad revenue growth since Musk takeover

Elon Musk-owned social media platform X is on track to record its first year of advertising revenue growth since the billionaire acquired the company in 2022, according to data released Wednesday by research firm Emarketer. In 2025, X’s U.S. ad revenue is projected to grow by 17.5% to $1.31 billion, while global ad sales are […]

Trump signals tariff reduction to secure TikTok sale
News

Trump signals tariff reduction to secure TikTok sale

United States President Donald Trump announced on Wednesday that he is open to reducing tariffs on China to facilitate a deal for ByteDance, the Chinese parent company of TikTok, to sell the popular short-video app used by 170 million Americans. ByteDance faces an April 5 deadline to divest TikTok to a non-Chinese buyer or risk […]

Dapo Abiodun
Business

Ogun partners Morocco on energy, infrastructure, investment

The Ogun State government has formalized a partnership with the Confederation of General Employers of Morocco through a Memorandum of Understanding aimed at collaborating on power generation and distribution, education, housing, infrastructure, and port development. A statement on Wednesday confirmed that Governor, Dapo Abiodun, signed on behalf of Ogun State, while Mr. Ali Zerouali represented […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
Economy

World Bank flags Nigeria’s weak statistical system

The World Bank has raised concerns about Nigeria’s weak statistical capacity, noting that the country lags behind peers like Mexico, Colombia, South Africa, and Brazil. According to a statement by the Director of Information and Public Relations at the Budget Ministry, Mrs. Julie Osagie-Jacobs, this concern was highlighted during a courtesy visit to the Minister […]

featured Oil and Gas

P’Harcourt refinery marks 180 days of uninterrupted operation 

The Petroleum Products Retail Outlets Owners Association of Nigeria has praised the Federal Government and the Nigerian National Petroleum Company Limited for successfully running the revamped Port Harcourt Refinery for 180 consecutive days. PETROAN’s National Public Relations Officer, Dr. Joseph Obele, highlighted that the refinery, which had been inactive for over two decades, was rehabilitated […]

featured

Senate urges NCC, telcos to review data price hike

The Senate has urged the Federal Ministry of Communications, Innovation, and Digital Economy to engage telecom operators in reviewing data and internet service costs. This follows a motion by Senator Asuquo Ekpenyong (Cross River South) on the urgent need to address rising data prices. Lawmakers largely supported the motion, highlighting concerns over affordability and digital […]

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