Business

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

  • 15th August 2026

Nigeria’s exports to China jump 80% to $2.3bn

  • 15th August 2026

Anthropic revenue soars 1,360% ahead of planned IPO

  • 15th August 2026

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RMAFC completes review of Nigeria’s revenue allocation formula

Finance

BRICS explores merging payment systems to cut transaction costs

Finance

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

Business

AI-driven cyberattacks surge 56% – IBM

Business

Blog

News

NDDC cautions Nigerian scholarship applicants about fake verification in Lagos

The Niger Delta Development Commission has warned Nigerians about a fraudulent scheme targeting applicants for its Postgraduate Foreign Scholarship Programme. The scam involves a fake document verification exercise scheduled in Lagos, and the NDDC has urged applicants to be cautious and avoid falling victim to this deception. This was disclosed in a press release on […]

Business

FG dismisses AfDB president’s remarks on Nigeria’s economic decline

The Presidency has dismissed recent remarks by Dr. Akinwumi Adesina, the outgoing President of the African Development Bank, who claimed that Nigerians are worse off today than they were in 1960. Presidential spokesperson, Bayo Onanuga, issued a statement criticizing both the data cited by Adesina and the conclusions drawn from it. Dr. Adesina had stated […]

Trump signs executive order establishing US Bitcoin reserve
News

Trump slaps 100% tariff on foreign films to revive Hollywood 

In a bold and controversial move, United States President Donald Trump has announced a 100% tariff on all foreign-produced films, citing a need to protect and rejuvenate the struggling American film industry. The declaration, made Sunday via Trump’s Truth Social platform, authorizes the Department of Commerce and the U.S. Trade Representative to immediately begin implementing […]

Oil and Gas

Global crude price slumps after OPEC+ raised output

The global crude oil prices plunged further on Sunday following OPEC+’s decision to raise production for a second consecutive month. U.S. crude dropped $2.49, or 4.27%, to $55.80 a barrel shortly after markets opened, while global benchmark Brent slid $2.39, or 3.9%, to $58.90 per barrel. Overall, oil prices have declined by more than 20% […]

FG revokes housing allocations for 1,357 beneficiaries
Business

Seize opportunities in FG’s housing scheme, AHCN urges members

The Association of Housing Corporations of Nigeria has urged housing agencies to act quickly or risk missing out on major opportunities under the Federal Government’s Renewed Hope Housing Agenda. At a strategic session in Abuja, AHCN President, Eno Obongha, emphasized that the new housing programme, spearheaded by Minister Ahmed Dangiwa, offers “low-hanging fruits” that corporations […]

Cut corporate tax to 7.5%, NACCIMA urges Tinubu
Electricity

Tinubu to meet GenCos over N4tn power sector debt crisis

President Bola Tinubu’s planned meeting with the leadership of Nigeria’s power-generating companies comes as a response to the N4tn debt threatening the stability of the electricity supply chain. In a statement by the power ministry on Sunday, the meeting follows discussions between the Minister of Power, Adebayo Adelabu, and the Genco chairmen, highlighting concerns about […]

featured

Naira printing costs surge by 306%

The Central Bank of Nigeria spent ₦315.18 billion on currency issue expenses in 2024, representing a sharp 306% increase from the ₦77.67 billion recorded in 2023, according to its audited financial statement for the year. Currency issue expenses include the costs associated with printing, processing, distributing, and disposing of banknotes. The latest figures show a […]

Business

Immigration lists 13 visa categories eligible for e-visa platform

The Nigeria Immigration Service has announced that 13 visa categories are now available for online application through its newly introduced e-visa platform. This was disclosed by the agency via its official X (formerly Twitter) account, marking a significant step in the digital overhaul of Nigeria’s visa system in line with the 2025 Nigeria Visa Policy. […]

Business

Marvel’s ‘Thunderbolts’ kicks off summer box office with $76m sale

United States Marvel Studios’ “Thunderbolts” kicked off the summer movie season with a respectable $76 million in domestic ticket sales, according to industry reports. While the debut falls short of the $100 million-plus openings typical for Marvel’s blockbuster franchises like Deadpool, Wolverine, and Thor, the performance aligns with other films introducing lesser-known characters, such as […]

Aviation

Airlines must adjust schedules when aircraft are grounded, NCAA warns

The Nigerian Civil Aviation Authority has warned airline operators against continuing full flight schedules when some of their aircraft are grounded due to technical issues like mechanical faults or bird strikes. NCAA’s Director of Public Affairs and Consumer Protection,Michael Achimugu, issued this warning during an interview on Channels TV’s Sunrise sharing an excerpt from the […]

featured

Mele Kyari denies EFCC detention rumours, calls them ‘clear mischief’

Former Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mele Kyari, has refuted claims of his detention by the Economic and Financial Crimes Commission labeling the allegations as “clear mischief” aimed at tarnishing his reputation. The denial follows reports by a local newspaper suggesting Kyari was under investigation for financial misconduct during […]

Billionaire Warren Buffett steps down as Berkshire Hathaway CEO
News

Billionaire Warren Buffett steps down as Berkshire Hathaway CEO

Legendary investor and long-time leader of Berkshire Hathaway, Warren Buffet announced on Saturday that he will step down as CEO of the $1.1 trillion conglomerate by the end of 2025. The announcement came during the company’s annual shareholder meeting. Buffett, 94, said he has selected Greg Abel, Berkshire Hathaway’s vice chairman for non-insurance operations, to […]

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