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Senate replaces outdated insurance law with new regulatory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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UK snubs Nigeria, waives proof-of-funds demand for Tunisia, others

Business

Hugging face CEO demands OpenAI release records of AI

Tech

Customs recovers ₦30bn in import duties, moves to impound

Finance

Reps order IGP to produce fake presidential agency DG

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featured News

Blessing CEO remanded in Kirikiri over alleged ₦13m cancer fraud

Social media influencer and self-styled relationship therapist, Okoro Blessing Nkiruka, popularly known as Blessing CEO, has disclosed that she has been remanded at the Kirikiri Correctional Centre in Lagos following her arraignment by the Economic and Financial Crimes Commission. Blessing CEO made the disclosure in a post on her Facebook page on Wednesday, shortly after […]

Business

UK refuses to back down on tech platforms crackdown

The UK government has said it will not be deterred from tightening rules on tech platforms despite reported displeasure from the White House over a proposed ban on social media use for under-16s. The technology secretary, Liz Kendall said she was “not concerned in the slightest” about intervention from the Trump administration in the debate, […]

Travel

NIS deploys tech, boosts surveillance to curb illegal migration

The Nigeria Immigration Service says it has strengthened border security through advanced technology deployment and enhanced surveillance to curb irregular migration and migrant smuggling across the country’s borders. The Service Public Relations Officer, Mr Akinsola Akinlabi, disclosed this in an interview with the News Agency of Nigeria on Wednesday in Abuja. Akinlabi said the NIS […]

Oil and Gas

Oil prices rise as US strikes on Iran raise supply fears

Oil prices werme volatile on Wednesday following U.S. military strikes on Iranian targets, heightening fears that escalating tensions could disrupt shipping through the Strait of Hormuz. U.S. crude futures for July delivery held steady at $88.19 per barrel as of 4:47 a.m. ET, trimming earlier gains of more than 1 per cent. Brent crude for […]

Business

IMF urges stronger crypto regulation in Nigeria to enhance stability

The International Monetary Fund has urged Nigeria to incorporate stablecoins and other crypto-asset activities into its regulatory framework. The recommendation is part of wider measures designed to strengthen financial stability and protect recent macroeconomic improvements. This was stated in the IMF’s latest Article IV Consultation report on Nigeria, which was concluded by its Executive Board […]

Business

ALTON plans N1.86tn investment to boost network expansion

Nigerian telecom operators said on Monday that they plan to invest about N1.86 trillion in 2026 to expand infrastructure, boost network capacity, and improve service quality across the country. The Association of Licensed Telecommunications Operators of Nigeria stated that the funds will go into network expansion, technology upgrades, and other operational improvements aimed at enhancing […]

Finance

Lawmakers don’t fix their salaries, RMAFC does — Senate leader

Senate Leader, Opeyemi Bamidele, has dismissed claims that federal lawmakers determine their own allowances. Rather, he insisted that salaries and official vehicle entitlements for members of the National Assembly were fixed by Revenue Mobilisation, Allocation and Fiscal Commission. The News Agency of Nigeria reported that Bamidele was reacting to a court ruling that declared national […]

Policy and Regulations

Reps summon finance minister over worsening insecurity despite defence funding

The House of Representatives, on Tuesday, summoned Service Chiefs and the Finance Minister and Coordinating Minister of the Economy to appear before it and provide a detailed account of funds released to the military, amid growing concerns over the worsening security situation across the country, despite huge budgetary allocations to defence. The resolution followed the […]

Economy featured

FG admits inflation, insecurity persist despite ongoing economic reforms

The Federal Government on Tuesday acknowledged that inflation and insecurity remain major challenges facing Nigerians, even as it defended the economic reforms introduced by President Bola Tinubu’s administration over the past three years. The PUNCH reported that speaking at a press conference to mark the 2026 Democracy Day celebration in Abuja, Secretary to the Government […]

featured Finance

IMF projects Nigeria’s external debt to hit $72.6bn by 2027

Nigeria’s public external debt is projected to rise by $20.7bn by 2027, the country’s election year, according to the International Monetary Fund. The IMF disclosed this in its 2026 Article IV Consultation report on Nigeria released on Tuesday, projecting that public external debt would increase from $51.9bn in 2025 to $72.6bn by 2027. The projected […]

Economy featured

FG defends Tinubu reforms, says Nigeria on path to recovery

The Federal Government on Tuesday mounted robust defence of President Bola Tinubu’s reform agenda, declaring that Nigeria is steadily emerging from economic fragility and laying the foundation for long-term prosperity, despite pains associated with ongoing reforms. The PUNCH reported that at a high-profile Democracy Day press conference in Abuja on Tuesday to mark Nigeria’s 27th […]

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