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Crude oil prices rise as Iran rules out

  • 17th August 2026

India-Nigeria trade hits $9bn, rises by 26%

  • 17th August 2026

High lending rates still threaten manufacturing sector recovery

  • 17th August 2026

FG resets profit-sharing terms to attract new deep

  • 17th August 2026

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Student loan: How to apply for NELFUND

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NELFUND caps loan repayment at 10% of graduates’ monthly

Finance

Crude oil prices rise as Iran rules out talks

Business

Over 200 KASU lecturers resign over poor service conditions

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Maritime

Apapa e-call-up system boss alleges sabotage

The Managing Director of Trucks Transit Parks at Apapa Ports in Lagos, Jama Onwubuariri, has alleged that government cartels, in collaboration with certain individuals, are undermining the E-call-up system for trucks and heavy-duty vehicles. Speaking with journalists in Lagos on Thursday, Onwubuariri expressed concerns that some individuals benefiting from the illegal manual truck call-up system—which […]

Nigeria tightens visa, immigration policies to curb overstaying
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Nigeria tightens visa, immigration policies to curb overstaying

Nigeria tightens visa, immigration policies to curb overstaying The Nigerian government has introduced a new visa policy aimed at automating entry and exit procedures while imposing stricter penalties on visitors who overstay their visas. Speaking on AriseTV, the Minister of Interior, Olubunmi Tunji-Ojo, outlined the key reforms, emphasizing their role in strengthening Nigeria’s immigration system. […]

C'River's 20km Road to boost economic growth - Lafarge
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Senate demands transparency in Lafarge Africa sale to Chinese investors

The Nigerian Senate has called for transparency in the ongoing negotiations for the sale of Lafarge Africa Plc to Chinese investors. In a resolution passed on Thursday, lawmakers urged the Bureau of Public Enterprises to ensure the divestment process safeguards national security and protects Nigeria’s economic sovereignty. The motion, sponsored by Senator Salisu Afolabi (Ogun-Central), […]

Paystack issues notice to crypto startup Zap Africa over trademark dispute
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Paystack issues notice to crypto startup Zap Africa over trademark dispute

African fintech giant Paystack, a subsidiary of Stripe, has issued a cease and desist notice to cryptocurrency startup Zap Africa amid a brewing trademark dispute over the name “Zap.” The notice, sent on Monday, follows online discussions where Zap Africa accused Paystack of failing to verify the trademark status before launching its new consumer product, […]

Oil and Gas

Nigeria to introduce new crude grade ‘Obodo’ in April

Nigeria is set to introduce a new medium sweet crude grade, Obodo in April 2024, as reported by Argus Media, which provides business intelligence, market data, and price assessments for global industries. Obodo crude has a gravity of 27.65°API and a sulfur content of 0.05%, according to an assay seen by the company. A source […]

Private sector laments loan repayment as interest rate hits 26.26%
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Cardoso reaffirms commitment to gender-balanced leadership

The Central Bank of Nigeria Governor, Olayemi Cardoso, has reaffirmed the bank’s commitment to gender-balanced leadership. He revealed that women now make up 35% of the bank’s directors and half of its non-executive board, marking significant progress from previous levels. Speaking at the grand finale of the International Women’s Day celebrations at the CBN Head […]

News

FG unveils initiative for major highway concessions

The Federal Government has announced that the Highways Management and Development Initiative will drive the concession of major highways to enhance road infrastructure. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known during a Zoom dialogue meeting in Abuja on Thursday. “The Highways Management and Development Initiative would facilitate […]

Economy

FG raises N1.94tn through bond investors

The Federal Government borrowed a total of N1.94tn from bond investors in Q1 2025, according to bond auction results from the Debt Management Office. This amount was raised through Federal Government of Nigeria (FG) bonds over three months and excludes borrowings from the FGN savings bond programme. The figure represents the total amount allotted to […]

Electricity

NERC installs 185,439 prepaid meters in Q4

The Nigerian Electricity Regulatory Commission reported that 185,439 meters were installed in the last quarter of 2024, a 0.19% increase from the 185,087 meters installed in Q3. According to the commission’s report, the new installations raised the net end-user metering rate across all DisCos by 0.42 percentage points, from 46.15% in Q3 2024 to 46.57% […]

Microsoft to boost startup speed of office apps
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Microsoft to boost startup speed of office apps

Microsoft is set to enhance the startup speed of its Office applications, beginning with Word in May. The improvement will be driven by a new scheduled task that runs silently when a PC boots up, ensuring that Word—and eventually other Office apps—launch more quickly. “We are introducing a new Startup Boost task from the Microsoft […]

WhatsApp accuses Moscow of attempting to block communications
News

iPhone update allows users set WhatsApp as default app

iPhone users can now designate WhatsApp as their default app for calls and text messages, following the latest update to version 25.8.74. The change, first reported by WABetaInfo, allows users to select WhatsApp as their preferred option in the device’s Messaging and calling default app settings. Apple had initially announced that iPhone users in the […]

Zenith Bank reports N1.03trn profit in 2024 financial results
Banking

Zenith Bank reports N1.03trn profit in 2024 financial results

Zenith Bank Plc has announced its financial results for the 2024 fiscal year, posting a record profit after tax of N1.03 trillion, a 52.5% increase from the N676.9 billion reported in the previous year. The bank’s gross earnings surged to N4 trillion, with interest income and trading income serving as major contributors to its revenue […]

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