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

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Senate replaces outdated insurance law with new regulatory

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Snapchat introduces real-time music sharing feature for users

Tech

UK snubs Nigeria, waives proof-of-funds demand for Tunisia, others

Business

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Tech

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Finance

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Tech

UK orders Apple, Google to strengthen child safety filters

United Kingdom Prime Minister Keir Starmer has given Apple and Google until September to introduce software that blocks explicit images on children’s mobile devices or face legislation compelling them to do so. Under the proposal, technology companies would be required to enable nudity-detection systems or similar safeguards on smartphones and tablets to prevent users from […]

Policy and Regulations

FCCPC seals PWAN MAX office over unallocated land complaints

The Federal Competition and Consumer Protection Commission has sealed the Lagos office of PWAN MAX Property and Business Solutions Ltd. The commission’s action is over alleged non-compliance with regulatory directives arising from consumer complaints involving unallocated plots of land, according to the News Agency of Nigeria. The enforcement action, carried out on Monday, followed the […]

Business

Manufacturers reject new beverage tax, warn of business strain

Major business groups and manufacturers in Nigeria have voiced strong opposition to the proposed Customs and Excise Tariff (Amendment) Bill 2025, warning that the legislation could worsen the country’s already challenging business environment if eventually passed into law. The opposition comes as the bill advances through the National Assembly and seeks to replace the current […]

Banking

FCMB profit jumps 80% to ₦202bn in 2025

FCMB Group Plc reported a profit before tax of N202.100 billion for the year ended 31 December 2025, according to its audited financial statements just released. This represents an 80.61 per cent year-on-year increase from N111.895 billion recorded in 2024, driven by a sharp expansion in interest income and net interest income. Profit after tax […]

Telecommunications

Telecom sector attracts $75bn, needs infrastructure push, says WATRA

The Executive Secretary of the West Africa Telecommunications Regulators Assembly, Aliyu Yusuf Aboki, has urged Nigeria to build on the gains of its telecommunications reforms by focusing on economy-wide digital transformation as the next phase of development. Aboki made the call while speaking at the Policy Review Workshop on the National Telecommunications Policy 2000 organised […]

Oil and Gas

Nigeria’s trade surplus hits ₦7.55trn on oil export boom

Nigeria’s merchandise trade surplus surged to N7.55 trillion in the first quarter of 2026, representing a 340.88 per cent increase from the N1.71 trillion recorded in the preceding quarter, driven by stronger crude oil exports and a sharp decline in import spending. New data released by the National Bureau of Statistics showed that total merchandise […]

Telecommunications

Nigerian radio stations risks irrelevance without digital shift, says media executive

A media executive, Mr Femi Obong-Daniels, has warned that radio stations risk becoming irrelevant if they fail to adapt to changing audience habits in the digital era, stressing that the biggest threat to the industry is not social media but uninspiring content. According to The PUNCH, the General Manager of Cool FM, Wazobi FM and […]

News

NiRA records 241,000 active domains

Nigeria Internet Registration Association has recorded 241,000 active domains, with 98,285 new registrations, 71,470 renewals, and 1,970 restorations logged over the past year. This comes as the association pushes to make .ng and .gov.ng domains the preferred internet standard across Nigerian institutions. Nairametrics reported that NiRA President Adesola Akinsanya disclosed the figures on Monday in […]

Scams

EFCC arraigns couple in Ekiti over alleged ₦1.09bn contract scam

The Economic and Financial Crimes Commission has arraigned a couple, Olorunbukunmi Taiwo and his wife, Awolegan Omolola Omotola, before the Federal High Court sitting in Ado-Ekiti over an alleged N1.09bn contract scam. The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission brought the defendants before Justice Abubakar Usman on six counts bordering on […]

Aviation

IATA cuts African airlines’ 2026 profit forecast to $100m

The International Air Transport Association has revised African airlines’ net profit forecast for 2026 to $100 million. The projection is contained in IATA’s Global Outlook for Air Transport – Energy in Crisis, released in June 2026 under its Sustainability and Economics outlook. The new estimate is lower than the $200 million net profit forecast issued […]

Helth

Pharmaceutical society hails convictions of illegal drug dealers in Calabar, Oyo

The Pharmaceutical Society of Nigeria on Monday applauded two landmark Federal High Court judgments convicting operators of illegal pharmaceutical facilities, describing the rulings as a major breakthrough in the fight against fake drugs and quackery in Nigeria’s healthcare system. The society said the judgments delivered by the Federal High Courts in Ibadan and Calabar have […]

Policy and Regulations

Poor policy implementation hindering manufacturing growth — BAT

British American Tobacco Nigeria has called for stronger and more effective implementation of existing industrial policies, insisting that Nigeria’s manufacturing challenges are driven less by the absence of policy frameworks and more by weak execution that continues to constrain investment, productivity, and overall economic growth. The PUNCH reported that in a statement made available on […]

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