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EFCC charges two over alleged unlawful supply of FCMB

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Apple unveils new iPad Air with M3 chip, AI features
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Apple unveils new iPad Air with M3 chip, AI features

Apple launched updated versions of its iPad Air on Tuesday, equipping the mid-tier tablet with the powerful M3 chip and artificial intelligence capabilities to encourage customer upgrades. The new iPad Air lineup begins at $599 for the 11-inch model, while the 13-inch variant is priced at $799. Pre-orders opened on Tuesday, with deliveries scheduled to […]

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Canal+ extends MultiChoice acquisition deadline to October 2025

French media giant, Canal+ has extended the deadline for its acquisition of South African pay-TV broadcaster MultiChoice by six months, moving the anticipated completion date to October 8, 2025. This extension is to allow more time for regulatory approvals, which are still pending. The delay stems from South Africa’s stringent regulations on foreign ownership in […]

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Global oil prices drop as Trump halts Ukraine military aid

Oil prices continued their decline on Tuesday, after United States President Donald Trump’s decision to pause all military assistance to Ukraine and as markets braced for U.S. tariffs on Canada, Mexico and China to take effect. Brent crude futures experienced a decline of 54 cents, or 0.75 per cent, settling at $71.08 per barrel. Similarly, U.S. West […]

Bismarck Rewane
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Expert predicts further drop in petrol prices till mid-2025

The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has projected that petrol prices in Nigeria are indeed expected to decrease further until June 2025. This follows the recent price cuts from the Nigeria National Petroleum Company Limited and Dangote Refinery, which are aiming to make fuel more affordable for Nigerians. Rewane made this […]

Nigeria@64: Tinubu unveils plan to create 2.5m jobs
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IPPG hails Tinubu’s leadership in revitalizing Nigeria’s energy sector

The Independent Petroleum Producers Group has expressed strong support for President Bola Tinubu’s administration, praising its policy reforms and leadership in transforming Nigeria’s energy sector. Soeaking at the 8th Nigeria International Energy Summit (NIES 2025), IPPG Chairman, Abdulrazaq Isa acknowledged the government’s efforts to boost industry growth, rebuild investor trust, and elevate Nigeria’s position in […]

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NEITI commits to providing technical support for 2024 tax reform

The Nigeria Extractive Industries Transparency Initiative has pledged to support the legislative process of the 2024 Tax Reform Bill by offering technical inputs, data-driven insights, and policy recommendations to enhance transparency and accountability in the extractive sector. NEITI aims to ensure the 2024 Tax Reform Bill strengthens fiscal transparency, enhances accountability, and maximizes resource benefits […]

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Nigeria’s power generation hits 5,713.6MW, breaks daily energy record – TCN

Nigeria’s power sector has reached a new peak generation of 5,713.6MW on March 2, 2025, according to the Transmission Company of Nigeria. This surpasses the previous peak of 5,543.2MW recorded on February 14, 2025, by 170MW. TCN confirmed om Tuesday that the increased generation was successfully transmitted across the national grid. However, it remains 88MW […]

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Rwanda demands £50m after UK cancels migrants deal

The Government of Rwanda has accused the United Kingdom of breaching trust and is demanding a £50 million payment related to the now-defunct Migration and Economic Development Partnership. Rwanda’s government spokesperson, Yolande Makolo, accused the UK of breaking its commitments, stating that Rwanda initially agreed to forgo the £50 million payment under the Migration and […]

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Dangote petrol price cut will help ease inflation — PETROAN

The Petroleum Retailers Outlet Owners Association of Nigeria has said the recent petrol price cuts by Dangote Refinery and NNPC filling stations will help reduce inflation by lowering transportation and production costs. The group, led by Dr. Billy Gillis-Harry, on Monday praised NNPC for lowering its price from N920 to N875 per litre. However, in […]

ECOWAS intensifies efforts to launch single currency by 2027
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ECOWAS intensifies efforts to launch single currency by 2027

The Economic Community of West African States has reaffirmed its commitment to introducing a single regional currency, the Eco, by 2027. This resolve was highlighted during the 11th ECOWAS Convergence Council meeting in Abuja, where financial leaders gathered to strategize on accelerating the currency’s launch to strengthen economic integration and financial stability across the region. […]

Nigeria, UN allocates $500m to aid developers of solar energy
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Nigeria, UN allocates $500m to aid developers of solar energy

Nigeria, in collaboration with a United Nations agency, has set a $500 million target for a fund designed to support local developers of renewable energy, with a focus on expanding access to solar power in rural areas. According to Bloomberg, the initiative aims to boost renewable energy adoption through solar home systems and mini-grids, providing […]

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