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Finance

Cross River disburses ₦500m loans to entrepreneurs

The Cross River State Governor, Bassey Otu, has reaffirmed his administration’s commitment to strengthening businesses and improving household livelihoods with the disbursement of N500 million in loans to entrepreneurs across the state. Represented by the Speaker of the State House of Assembly, Elvert Ayambem, the governor said the intervention forms part of deliberate efforts to […]

Food

Egg shortage looms as day-old chick prices surge 67%

Nigeria faces imminent egg shortages as day-old chick prices have surged 67 per cent in three months, according to BusinessDay’s findings. Poultry farmers are struggling to restock and boost production due to months-long waits for pullets, which are young hens produced for egg laying. The scarcity has driven the prices of day-old chicks to N3,000 […]

White House leads TikTok acquisition deal
Policy and Regulations

TikTok partners Nigerian regulators, removed 3.4million videos in 2025 — Report

TikTok has intensified its engagement with regulators in Nigeria and other African countries while ramping up enforcement against harmful content, resulting in the removal of millions of videos. The short-video platform removed approximately 3.4 million videos in Nigeria during the third quarter of 2025 for violating its community guidelines, according to its latest transparency figures. […]

Business

Crude prices fall amid efforts to stabilise Hormuz transit route

Oil prices declined on Friday after major European countries and Japan signaled support for efforts to ensure safe passage of ships through the Strait of Hormuz, while the United States announced measures aimed at increasing global oil supply. To help contain rising prices, U.S. Treasury Secretary Scott Bessent said Washington may soon lift sanctions on […]

Hackers breach North Korean spy group’s computer
Tech

US, others dismantle world largest cybercrime networks behind global attacks

Cybercrime specialists from Germany, the United States, and Canada have dismantled two of the world’s largest botnets, Aisuru and Kimwolf, believed to be responsible for major online attacks. Authorities announced on Friday that the coordinated international operation successfully shut down the massive bot networks. They said the networks “posed a significant threat to IT infrastructure […]

Business

African nations turn to Dangote as global energy crisis deepens

Dangote Petroleum Refinery and Petrochemicals is experiencing a surge in inquiries from African countries seeking fuel supplies as disruptions from the Iran war tighten global markets. This was disclosed in a Bloomberg report published on Friday. According to the report, several governments are scrambling to secure alternative sources of refined petroleum products amid the supply […]

Oil and Gas

Iran drones hit Kuwait refinery amid Middle East war

Firefighters battled a fresh blaze at Kuwait’s Mina Al-Ahmadi oil refinery on Friday following another Iranian drone attack. This occurred as millions in Iran marked the Persian New Year, Nowruz, with subdued celebrations amid the ongoing war. European leaders called on Thursday for an end to attacks targeting Gulf energy infrastructure. Despite this, Kuwait reported […]

Private power supply costs N750/kWh, says Minister Adelabu
Electricity

Adelabu assures Nigerians of improved electricity supply soon

The Minister of Power, Adebayo Adelabu, has assured Nigerians of imminent improvements in electricity supply as the Federal Government intensifies efforts to tackle persistent gas constraints hindering power generation. Adelabu conveyed this assurance in his Eid-el-Fitr message on Thursday. He highlighted that recent government interventions are starting to address the longstanding gas supply challenges that […]

featured News

Tinubu arrives Lagos for Eid-el-Fitr celebration

President Bola Tinubu early on Friday arrived in Lagos, after a two-day historic visit to the United Kingdom. He will join other Muslim faithful later in the day to mark the celebration of Eid-el-Fitr. According to a press release issued by the Special Adviser to the President, (Information & Strategy), Bayo Onanuga, the President and […]

Energy

IEA urges work from home as global energy crisis deepens

The International Energy Agency has called on people to work from home as the escalating conflict in Iran worsens the global energy crisis. The agency said commuting should be reduced where possible, warning that the worldwide energy shock is becoming “increasingly severe.” It also outlined a 10-point action plan, saying the measures could be quickly […]

MMA2 hikes parking, VIP lounge fees
Aviation

MMA2 to go cashless at parking facility from Monday

Murtala Mohammed Airport Terminal 2 has announced that its multi-storey car park will transition to a cashless payment system beginning Monday, March 23. The announcement was shared on the terminal’s official X account on Thursday. According to the statement, the new system is designed to make parking faster, smoother, and more convenient for travelers and […]