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Senate replaces outdated insurance law with new regulatory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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Snapchat introduces real-time music sharing feature for users

Tech

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

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Uncategorized

FG eyes €59m ocean programme to protect marine resources

Nigeria has said it is ready to tap into the €59m West Africa Sustainable Ocean Programme to strengthen efforts against illegal, unreported and unregulated fishing while improving the sustainable management of its marine resources. This was disclosed in a statement by the Special Adviser to the Minister of Marine and Blue Economy, Dr. Bolaji Akinola, […]

Business

Nigerian engineers demand stronger response to rising insecurity

The President of the Nigerian Society of Engineers, Ali Rabiu, has called on the Federal Government to urgently and decisively tackle Nigeria’s worsening security situation and deepening economic hardship. In a statement issued on Sunday and signed by the Acting Executive Secretary of the NSE, Abdulkadir Aliyu, the president made the appeal while speaking on […]

Business

Oil prices rise as Middle East tensions escalate

Oil prices climbed on Monday as tensions escalated in the Middle East, with Iran and Israel exchanging strikes and raising fears that a fragile ceasefire could collapse into a wider conflict. Brent crude futures for July delivery rose 3.18 per cent to $96.05 per barrel, while U.S. West Texas Intermediate futures for August gained 3.46 […]

Business

Prada targets space frontier with new astronaut inner-layer garment

Italian fashion house Prada on Sunday unveiled the inner-layer garment that NASA astronauts will wear during upcoming space missions, highlighting the brand’s ambition to become the first major luxury label to establish a presence in the space industry. The form-fitting suit was developed in partnership with Houston-based space infrastructure company Axiom Space and includes integrated […]

Business

CPPE flags risks in proposed sugar-sweetened beverage tax

The Centre for the Promotion of Private Enterprise has urged the House of Representatives to reject the Sugar-Sweetened Beverage Tax Bill recently approved by the Senate, warning that the proposed legislation could further strain Nigeria’s already challenging business environment. The group stated its position in a statement issued on Sunday, June 7, 2026, and signed […]

Aviation featured

Nigerian airlines record fastest domestic capacity expansion in Africa

Nigeria’s airlines recorded the fastest growth in domestic seat capacity across Africa in June 2026, with available seats increasing by 21.7 per cent compared to the same period last year. The figures are contained in OAG’s June 2026 African aviation market report, which tracks scheduled flight capacity among airlines operating across the continent. Among Africa’s […]

Policy and Regulations

FCCPC debunks approval of new airtime credit operators

The Federal Competition and Consumer Protection Commission has denied reports claiming President Bola Tinubu approved plans to open Nigeria’s airtime credit market to nine new operators, stating that it neither initiated nor participated in the alleged proposals. According to The PUNCH, the FCCPC’s Director of Corporate Affairs, Ondaje Ijagwu, said in a statement on Sunday […]

Electricity

Jos DisCo debunks claims of higher electricity tariffs

Jos Electricity Distribution Plc has dismissed reports alleging that customers within its franchise area pay higher electricity tariffs than those served by other distribution companies in the country. The company was reacting to a viral video in which a Bauchi State resident claimed that prepaid meter users under JED pay more for electricity tokens than […]

featured Finance

Reps recover over ₦521m in unremitted VAT from CBN

The House of Representatives Public Accounts Committee has recovered ₦521,765,134.17 in unremitted Value Added Tax from the Central Bank of Nigeria following its ongoing investigation into alleged revenue leakages and outstanding liabilities owed to the Federal Government. The recovery is part of an inquiry initiated by the House following a motion titled “Investigation of Revenue […]

Electricity

Constant blackouts cost Nigeria 10% of GDP annually — Report

Constant blackouts and inadequate grid supply are costing Nigeria approximately ten per cent of its Gross Domestic Product annually, according to an economic brief released by a financial expert, Martins Itua. Vanguard reported that the Director of Arthur Group, Mr Itua, stated that the heavy financial burden of self-generated electricity has become the primary barrier […]

Oil and Gas

Navy intercepts 135,000 litres stolen fuel in Rivers waterways

The Nigerian Navy says its operatives under Operation Delta Sentinel have intercepted over 135,000 litres of suspected illegally refined Automotive Gas Oil during separate operations in Rivers State waterways. According to Vanguard, the Director of Information, Navy Captain Abiodun Folorunsho, said the operations were carried out by personnel of the Nigerian Navy Ship Pathfinder around […]

featured News

Labour drags FG to ILO over ‘violations of rights’

The Organised Labour has dragged the Federal Government before the International Labour Organisation accusing authorities at both federal and state levels of systematic violations of workers’ rights, trade union freedoms and collective bargaining agreements in breach of international labour conventions. Vanguard reported that addressing the Committee on the Application of Standards, CAS, at the opening […]

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