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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

featured Finance

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

News

Blog

Trump to unveil AI expansion plan amid US-China tech race
News

Trump signals tariff reduction to secure TikTok sale

United States President Donald Trump announced on Wednesday that he is open to reducing tariffs on China to facilitate a deal for ByteDance, the Chinese parent company of TikTok, to sell the popular short-video app used by 170 million Americans. ByteDance faces an April 5 deadline to divest TikTok to a non-Chinese buyer or risk […]

Dapo Abiodun
Business

Ogun partners Morocco on energy, infrastructure, investment

The Ogun State government has formalized a partnership with the Confederation of General Employers of Morocco through a Memorandum of Understanding aimed at collaborating on power generation and distribution, education, housing, infrastructure, and port development. A statement on Wednesday confirmed that Governor, Dapo Abiodun, signed on behalf of Ogun State, while Mr. Ali Zerouali represented […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
Economy

World Bank flags Nigeria’s weak statistical system

The World Bank has raised concerns about Nigeria’s weak statistical capacity, noting that the country lags behind peers like Mexico, Colombia, South Africa, and Brazil. According to a statement by the Director of Information and Public Relations at the Budget Ministry, Mrs. Julie Osagie-Jacobs, this concern was highlighted during a courtesy visit to the Minister […]

featured Oil and Gas

P’Harcourt refinery marks 180 days of uninterrupted operation 

The Petroleum Products Retail Outlets Owners Association of Nigeria has praised the Federal Government and the Nigerian National Petroleum Company Limited for successfully running the revamped Port Harcourt Refinery for 180 consecutive days. PETROAN’s National Public Relations Officer, Dr. Joseph Obele, highlighted that the refinery, which had been inactive for over two decades, was rehabilitated […]

featured

Senate urges NCC, telcos to review data price hike

The Senate has urged the Federal Ministry of Communications, Innovation, and Digital Economy to engage telecom operators in reviewing data and internet service costs. This follows a motion by Senator Asuquo Ekpenyong (Cross River South) on the urgent need to address rising data prices. Lawmakers largely supported the motion, highlighting concerns over affordability and digital […]

News

Reps launch probe into ₦1.24tn Sukuk road projects 

The House of Representatives has launched a probe into Sukuk-backed road projects valued at ₦1.24 trillion from 2017 to 2024. The House resolution came after adopting a motion of urgent public importance sponsored by Jonathan Gbefwi, a lawmaker from Nasarawa. As of December 2024, data from the Securities and Exchange Commission estimates this amount at […]

Trump signs executive order establishing US Bitcoin reserve
World

Trump announces 25% tariff on imported cars

United States President, Donald Trump, has announced a new 25% tariff on all imported cars. Signing an executive order, Trump stated that the tax would take effect on April 2, a date he referred to as “liberation day.” The tariffs are scheduled to take effect on April 2, though previous rollouts have faced delays. The […]

Osun resubmits state's nomination for bank role, challenges CBN’s rejection
News

Osun resubmits state’s nomination for bank role, challenges CBN’s rejection

The Osun State Government has resubmitted the nomination of former Finance Commissioner Adewale Bolorunduro as a non-executive director at Living Trust Mortgage Bank to the Central Bank of Nigeria. This comes after the CBN recently rejected Bolorunduro’s appointment, citing a report from a visitation panel investigating a dispute between the bank and the state government. […]

News

US among easiest countries to launder money via real estate – Report

Transparency International has identified the United States as highly susceptible to money laundering through its real estate sector. Despite the country’s advanced law enforcement capabilities, factors such as the ease of concealing property ownership through anonymous companies contribute to this susceptibility. Transparency International in the report titled ‘Opacity in Real Estate Ownership (OREO) Index’, assessed 24 […]

Telecommunications

MTN, Airtel sign network sharing agreements in Nigeria, Uganda

MTN Group and Airtel Africa has partnered to share network infrastructure in Uganda and Nigeria. This collaboration, aimed at promoting digital and financial inclusion across Africa, will also ensure compliance with local regulatory and statutory requirements. In a joint statement released on Wednesday, the two companies stated that the partnership aims to strengthen their commitment […]

featured

AI to replace doctors, teachers, others within 10 years – Bill Gates

Microsoft co-founder, Bill Gates, has stated that advances in artificial intelligence over the next decade could render humans unnecessary for most tasks. In a recent interview with comedian, Jimmy Fallon, on NBC’s The Tonight Show in February, the billionaire philanthropist highlighted how AI could take over many aspects of life and work. Gates noted that, […]

FG bags $2.2bn Sun Africa deal to develop power sector
Energy

Nigeria signs 2,600MW solar deal with firm for green hydrogen

Nigeria has entered into a 2,600-megawatt solar module supply agreement with LONGi Solar France SARL. The Minister of Innovation, Science, and Technology, Uche Nnaji, announced the deal in a statement on Wednesday. According to the statement, the solar modules will be used to power Nigeria’s Green Hydrogen Hub Project, which is located in the Liberty […]

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