Business

Tony Elumelu named Seplat chairman in major leadership

  • 9th June 2026

OpenAI files for IPO as AI firms race

  • 9th June 2026

Nigeria’s transmission grid not limiting electricity supply –

  • 9th June 2026

US judge blocks Trump’s $100,000 H-1B visa fee

  • 8th June 2026

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Nigeria’s economy stronger but poverty worsened, IMF warns

Economy

Africa loses billions to corruption, recovers little, Kenyan envoy

Economy

Tony Elumelu named Seplat chairman in major leadership shakeup

Business

Tinubu approves ₦10bn to tackle Ebola threat in Nigeria

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Blog

Transportation

FG flags off ₦1.245trn Gombe-Biu highway dualisation project

The Federal Government has flagged off the N1.245 trillion reconstruction and dualisation of the 125km Gombe-Biu Highway, awarding the project to Hi-Tech Construction Company. The disclosure was contained in a statement made by Special Assistant to President Bola Ahmed Tinubu on Social Media, Dada Olusegun, on Friday. The project, which was officially launched in Gombe […]

Business

Hybrid Motors secures $95m investment for EV plants across Nigeria

Hybrid Motors Nigeria has secured investment commitments worth about $95 million to develop electric vehicle manufacturing plants and a nationwide charging infrastructure network, marking one of the most significant private-sector clean mobility initiatives proposed in Nigeria. The investment stems from two strategic agreements signed in China by the company. The first partnership, with automotive engineering […]

Entertainment

Elon Musk’s estranged daughter ends interview after question about father

Vivian Jenna Wilson drew widespread attention this week after abruptly walking out of a red carpet interview when a reporter asked her about her father, billionaire entrepreneur Elon Musk. The incident occurred during a Desigual Vintage event held in Ibiza, Spain, on Tuesday, where the 22-year-old model and activist was speaking with reporters before the […]

Tech

Musk’s xAI hit with fresh claims over alleged non-consensual Grok content

Elon Musk’s artificial intelligence company, xAI, is facing expanding legal scrutiny after additional individuals came forward to pursue action over alleged abusive and non-consensual content produced by its Grok AI system. The development follows a test case initiated by United Kingdom Labour MP Jess Asato, who has taken legal action against the firm over the […]

Tech

OpenAI backs Trump directive for review of advanced AI systems before launch

OpenAI has said it will comply with Donald Trump’s executive order requiring AI companies to give the U.S federal government access to assess their models’ capabilities before public release. The company’s head of countries, George Osborne, said that OpenAI will participate in the voluntary framework, according to CNBC. “It’s quite right that democratic governments have […]

featured Finance

Debt servicing exceeded 2025 budget by ₦1.9tn — Budget office

Fresh data released by the Budget Office of the Federation has revealed that the Federal Government’s debt repayments exceeded the allocation provided in the amended 2025 budget by N1.90tn within the first nine months of the year. According to the 2025 third-quarter Budget Implementation Report, total debt-related payments, comprising domestic debt, foreign debt and sinking […]

featured Opinion

Tinubu’s reforms creating stable business environment — Jumia CEO

Chief Executive Officer of Jumia Group, Francis Dufay, has presented a positive assessment of Nigeria’s economic outlook, describing the country as a key example of reform, growth and stability rather than a market defined by risk and uncertainty. Vanguard reported that Dufay made the remarks while speaking during a panel session on emerging markets at […]

Business

Grenada grants visa-free entry to Nigerian entrepreneurs, professionals

Entrepreneurs, investors and professionals in Nigeria are set to benefit from easier travel access to the Caribbean after Grenada announced visa-free entry for Nigerian passport holders, a move aimed at strengthening economic, business and cultural relations between both countries. The announcement was made in Lagos by Grenada’s Honorary Consul in Nigeria, Bidemi Sonoiki, during a […]

featured Opinion

Kidnapping, terrorism in South-West purely business, says ex-minister

Former Minister of Communications, Tajudeen Olanrewaju, has described the ongoing wave of kidnapping and terrorism in the South-West as a profit-driven enterprise rather than a campaign motivated by territorial conquest or religious ideology. Vanguard reported that Olanrewaju made the assertion in a statement titled, “The Insurgency War/Terrorism in Southwest – The way I see it,” […]

Business

FG awards African quality mark to 131 Nigerian firms

The Federal Government on Thursday presented the African Quality Mark certification to 131 Nigerian companies for 220 Made-in-Nigeria products, in a bid to strengthen the competitiveness of local goods across the continent under the African Continental Free Trade Area African Continental Free Trade Area framework. The certification, also known as the ARSO Dual Mark, was […]

featured Finance

Naira holds firm as dollar trades near ₦1,361/$

The naira maintained a relatively stable performance against the United States dollar at both the official and parallel foreign exchange markets, as traders continued to monitor liquidity conditions and demand pressures across the foreign exchange sector. Data obtained from the Central Bank of Nigeria’s Nigerian Foreign Exchange Market showed that the local currency traded around […]

Business

MTN, SMEDAN expand digital push to close $158bn MSME financing gap

MTN Nigeria and the Small and Medium Enterprises Development Agency of Nigeria have stepped up efforts to empower as many as five million small businesses through the mySMEville platform, a digital initiative aimed at bridging the estimated $158 billion annual financing gap facing Nigeria’s micro, small and medium-sized enterprises. The organisations revealed this during a […]

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