Business

Hundreds of Nigerians stranded in South Africa as

  • 19th June 2026

Amazon engineers under internal probe after criticising AI

  • 19th June 2026

Only 6% of Nigerians access formal credit despite

  • 19th June 2026

OPEC rejects IEA forecast of oil oversupply

  • 18th June 2026

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Lagos positioned as Africa’s leading geo-economic hub — Sanwo-Olu

Economy featured

FG approves ₦21.2m Ebola preparedness funds

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Tinubu extends Customs CG Adeniyi’s tenure by six months

News

Only 18% of Nigerian retailers can access formal loans

Finance

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Policy and Regulations

Senate holds hearing on bill to establish revenue mgt institute

The Senate has held a public hearing on a bill seeking to establish the Chartered Institute of Revenue and Fiscal Management of Nigeria, marking a major step in the legislative process for the proposed institution. The bill, titled “Chartered Institute of Revenue and Fiscal Management of Nigeria (Establishment) Bill, 2025,” was sponsored by Senator Adamu […]

Travel

Canada targets 20,000 workers for permanent residence in 2026

Canada’s immigration authorities say they are aiming to transition at least 20,000 workers already living in the country to permanent residence in 2026. The move is part of the country’s wider plan to manage immigration levels and address labour shortages in key sectors. Immigration, Refugees and Citizenship Canada made this known in a statement posted […]

Housing

Rivers residents spend over 100% income on rent

More than 80 per cent of residents in Rivers State now spend over 100 per cent of their income on house rent, highlighting a deepening housing crisis in the state. According to National Agency of Nigeria, the Executive Secretary of the National Union of Tenants of Nigeria, Mr Ceaser Enwefah, disclosed this on Monday, May […]

Business

Victoria Island leads Lagos hotel boom with 10 of 33 projects

Victoria Island accounts for 10 of the 33 planned hotel chain projects in Lagos’ pipeline for 2026, ranking as the highest-performing submarket in the state. This was disclosed to Nairametrics by Trevor Ward, principal of W Hospitality Group, following the release of the Hotel Chain Development Pipelines in Africa – 2026 report, which provided additional […]

Anthropic gives Claude AI power to end conversations
Tech

Anthropic partners Goldman Sachs, Blackstone to boost AI adoption

Anthropic announced Monday a partnership with private equity heavyweights Goldman Sachs and Blackstone to launch a $1.5 billion venture aimed at accelerating artificial intelligence adoption across hundreds of companies. The new firm, created with Hellman & Friedman and supported by asset managers including Apollo and General Atlantic, will embed Anthropic’s Claude AI model directly into […]

Tech

DoorDash unveils AI-powered tools to automate websites, improve listings

DoorDash on Monday introduced new AI-powered features designed to help merchants onboard faster, enhance food photos, and automatically generate websites from their app listings. One of the tools streamlines onboarding in a way similar to a feature Amazon rolled out in 2024. Merchants can simply provide their website link, and the system will pull details […]

Game retailer Gamestop lays off workers to cut cost
Tech

GameStop offers $55bn to buy eBay in surprise takeover move

United States video game retailer GameStop has made an unsolicited $55.5 billion (£41 billion) offer to acquire eBay, warning the bid could become hostile if rejected by the company’s board. GameStop, which has quietly built a 5 per cent stake in eBay, is proposing $125 per share in a deal structured as an equal mix […]

featured

NNPCL remits N2.89tn to federation account in Q1 2026

The Nigerian National Petroleum Company Limited remitted a total of N2.89 trillion to the Federation Account in the first quarter of 2026. The disclosure was contained in the company’s operational performance report for March 2026, indicating stronger fiscal contributions from Nigeria’s oil and gas sector. The development comes as reforms continue across the petroleum value […]

JAPA: Overstay your visa, face permanent ban, US warns Nigerians
Business

NIS denies religious organisation listed on passport portal

The Nigeria Immigration Service has dismissed reports alleging that the name of a religious organisation appears on its official passport payment portal, describing the claim as false and misleading. In a statement issued on May 4, 2026, in Abuja, the Service Public Relations Officer, DCI Akinsola Akinlabi, clarified the matter in an official press release. […]

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