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  • 16th August 2026

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

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PwC flags gaps in new NRS virtual asset

  • 15th August 2026

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

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Apple unveils new commission rates for external app payments

Tech

BOI to channel 80% large enterprise loans towards priority

Business featured

NCAA to make RFID baggage tracking mandatory at airports

Aviation featured

RMAFC completes review of Nigeria’s revenue allocation formula

Finance

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Business

3,700 people hospitalized as sandstorm hits Iraqi airports

Visibility dropped to less than one kilometre (about half a mile) in central and southern Iraqi cities as a storm enveloped the region in an eerie orange haze. Both Basra and Najaf airports were closed during the storm, which began to weaken on Tuesday morning, according to AFP photographers. Health ministry spokesperson Saif al-Badr stated […]

News

Petrol imports down 67% in eight months — NMDPRA

Imports of Premium Motor Spirit have dropped sharply from 44.6 million litres per day in August 2024 to 14.7 million litres as of April 13, 2025—a decline of about 30 million litres, or 67 per cent—according to the latest supply tracker from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The Chief Executive Officer of […]

Business

US economy to lose billions amid tourism, products boycott

The US economy faces potential billions in losses in 2025 due to a decline in foreign tourism and boycotts of American products, adding to existing economic challenges and heightening the risk of a recession. Daata released on Monday by the International Trade Administration, revealed non-citizen arrivals by plane dropped nearly 10% in March compared to […]

Business

China halts Boeing aircraft deliveries amid escalating trade war

China has instructed its airlines to halt further deliveries of Boeing aircraft in response to the United States’ imposition of 145% tariffs on Chinese goods. The Chinese government is exploring ways to support domestic airlines that lease Boeing aircraft and are now facing higher costs due to rising trade tensions with the United States, according […]

News

CBEX, other unregistered platforms are illegal, SEC warns Nigerians

The Securities and Exchange Commission of Nigeria has clarified its stance on CBEX, a digital asset trading platform, stating that any such platform operating without registration is illegal. This statement follows user complaints and rumors that CBEX and similar platforms may have been shut down after users were unable to access or withdraw their funds […]

OPEC+ weighs 2027 production baselines, potential hike
News

OPEC trims oil demand as US tariff tensions rattle global market

The Organization of the Petroleum Exporting Countries has slightly lowered its forecast for global oil demand growth in 2025, citing rising economic uncertainties triggered by recent United States trade actions. In its April Monthly Oil Market Report, OPEC revised its 2025 demand growth estimate down to 1.3 million barrels per day, a 100,000 bpd drop […]

Trump freezes $2bn in Harvard funding over antisemitism measures
News

Trump freezes $2bn in Harvard funding over antisemitism measures

President Donald Trump has ordered a freeze on more than $2 billion in federal funding allocated to Harvard University after the institution refused to comply with a set of demands from the White House aimed at combating antisemitism on campus. The White House outlined the measures as part of a broader effort to address rising […]

Adobe to launch Photoshop for mobile users
Tech

Adobe invests in Synthesia, startup behind AI clones for corporate videos

Adobe has invested in Synthesia, a British AI startup, betting on the potential of AI to transform video production. Synthesia stated that Adobe’s venture capital arm invested an undisclosed amount into the startup as part of a “strategic” partnership, without providing further details on the financial and commercial terms, according to CNBC. Synthesia, which claims […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Banking

CBN warns banks against sourcing capital from illicit channels

The Central Bank of Nigeria has cautioned deposit money banks against sourcing capital from illicit channels as part of the ongoing recapitalization process. The apex bank stated that this measure is essential to maintain financial system stability and ensure the banking sector remains robust enough to support the country’s $1 trillion economic target. At the […]

Business

Nigeria’s export potential hindered by poor product quality – CBN

The Central Bank of Nigeria has identified poor product quality, substandard packaging, and weak branding as key challenges hindering the country’s ability to fully tap into its export potential, particularly in the non-oil sectors. This was disclosed at the Bankers Committee Town Hall, which the CBN organised in collaboration with the Bankers Committee on Monday […]

Aviation

FG, Trinidad and Tobago sign bilateral air services agreement

The Minister of Aviation and Aerospace Development, Festus Keyamo, and Trinidad and Tobago’s Minister of Works and Transport, Rohan Sinanan, have signed a Bilateral Air Services Agreement In a significant step to boost air connectivity between West Africa and the Caribbean. The historic signing ceremony was held at the VIP Lounge of Piarco International Airport […]

[ICYMI] Lagos-Calabar highway: Telcos express concerns over threats to cables
News

Tinubu flags off key section of Lagos-Calabar coastal highway project

President Bola Ahmed Tinubu On Monday launched Section 3A/3B of the 750km Lagos-Calabar Coastal Highway in Awi, Akamkpa Local Government Area, Cross River State. Represented by Governor Bassey Otu, the President highlighted the project’s role as an economic catalyst, a driver of job creation, and a key promoter of both intra- and inter-regional integration. “This […]

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