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Black employees allege racism at Tesla factory

  • 22nd September 2026

Afreximbank, ATDC sign $500m facility to boost African

  • 22nd September 2026

Mutual Benefits shareholders approve ₦802m dividend payout

  • 22nd September 2026

FG threatens coastal highway closure over traffic violations

  • 22nd September 2026

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Malami denies corrupt deal allegations over Mambilla Project

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Amazon blocks Meta’s Muse from making purchases on platform

Tech

Black employees allege racism at Tesla factory

Business

CBN cuts interest rate to 23%

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Business

Nigeria’s mobile internet usage gap hits 140 million – GSMA

Nigeria accounted for an estimated 140 million people in the mobile internet usage gap in 2025, according to the GSM Association. The figure was disclosed in the GSMA’s State of Mobile Internet Connectivity 2026 report, which examined the barriers limiting the adoption and use of mobile internet services. The figure represents Nigerians who lived within […]

Business

Lagos intensifies enforcement on Apapa, Lekki port corridors

The Lagos State Government has concluded plans to step up enforcement along the Apapa and Lekki port corridors to ensure truckers comply with the E-Call-Up system. The decision followed recent feedback and an assessment of the traffic situation along the two corridors. According to a statement by the Lagos State Government, the Special Adviser to […]

Business

Court orders ex-NICON directors to account for seven-year transactions

The Federal High Court in Abuja has ordered former directors of NICON Insurance Limited to provide its liquidator with a seven-year account of the company’s assets, transactions and financial dealings. The order was made in a petition marked FHC/ABJ/PET/18/2026, filed by Senior Advocate of Nigeria, Chukwuma-Machukwu Ume, who is serving as the liquidator of the […]

Business

Reforms drove cost-of-living pressures, Budget Minister admits

The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has acknowledged that the economic reforms implemented by President Bola Tinubu’s administration have contributed to the rising cost-of-living pressures faced by Nigerians. However, Bagudu maintained that the government would continue with the reforms, saying they were necessary to strengthen public finances, stabilise the economy and […]

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NLC demands wage awards as rising petrol prices hit workers

The Nigeria Labour Congress has urged the Federal Government to introduce immediate wage awards for workers as rising petrol prices drive up transportation costs and deepen economic pressures. NLC President Joe Ajaero made the call in a statement issued in Abuja on Wednesday, saying higher petrol prices were eroding workers’ purchasing power and affecting their […]

Business

CBN pumps N3.81tn into banking system as liquidity rises

The Central Bank of Nigeria injected a combined N3.81tn into the banking system between September 15 and 16, 2026, significantly boosting liquidity in the financial system. The increased liquidity saw funds held by banks with the apex bank through the Standing Deposit Facility rise by 131 per cent to N4.891tn on September 16 alone. This […]

Oil and Gas

Cooking gas price jumps 25% to ₦1,500/kg

The price of cooking gas has risen by 25 per cent to N1,500 per kilogramme from N1,200, adding to the rising energy costs faced by households and businesses. This is even as the price of diesel, also known as Automotive Gas Oil, climbed to as high as N2,300 per litre at some filling stations and […]

Economy

NLC demands wage awards to cushion rising petrol prices

The Nigeria Labour Congress has called on the Federal Government to approve wage awards for workers to cushion the impact of rising petrol prices, which it said had worsened the economic hardship facing Nigerians. The NLC also urged the government to sell sufficient crude oil in naira to local refineries and expand the country’s national […]

Opinion

Emir Sanusi regrets delaying telcos’ entry into financial services sector

Emir of Kano, Muhammadu Sanusi II, has said he regrets delaying the entry of telecommunications companies into Nigeria’s financial services sector during his tenure as governor of the Central Bank of Nigeria. Sanusi spoke on Wednesday at the launch of the 2026 Access to Financial Services in Nigeria survey, organised by Enhancing Financial Innovation & […]

Business

Google Pixel flaw exploited in targeted cyberattacks

Google has disclosed that a software vulnerability in its Pixel smartphones was exploited in limited and targeted cyberattacks before the company released a patch to address the flaw. The vulnerability, tracked as CVE-2026-58704, was disclosed by Google on Tuesday and affects the modem component of Pixel devices, which handles the phone’s connection to mobile networks […]

Business

Oil prices fall as Saudi Arabia offers more crude via Oman

Oil prices declined on Wednesday after reports that Saudi Arabia was offering additional crude cargoes through Oman eased concerns over the extent of supply disruptions in the Middle East, while European diesel prices remained close to record highs. Brent crude futures fell $1.30, or 1.2 per cent, to $107.45 a barrel by 1307 GMT. US […]

Investment

Nigeria’s agric sector draws $266.82m in foreign capital

Nigeria’s agric sector attracted approximately $266.82 million in capital importation between 2023 and 2025, with annual inflows increasing more than eightfold over the period, according to an analysis of the National Bureau of Statistics Capital Importation by Sector/Nature of Business series. The sector’s recorded capital inflows rose from $19.91 million in 2023 to $79.66 million […]

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