Business

How FG spent N15.8tn subsidy removal savings

  • 19th August 2026

US tightens green card screening with new public

  • 19th August 2026

Christ Embassy enters vehicle market, unveils electric cars

  • 19th August 2026

Nigeria’s IMTO inflows surge 45% to record $1.29bn

  • 19th August 2026

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How FG spent N15.8tn subsidy removal savings

Business

FG spent N9.39tn on wage hike, allowances in 31

Finance

Amazon eyes 500 US cities in major drone delivery

Tech

FG reveals ₦15.8tn gains from subsidy, FX reforms

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Dangote Refinery loses N32.5bn after petrol price cut
News

Dangote to refund marketers after fuel price cut

Dangote Petroleum Refinery & Petrochemicals has pledged to refund customers who purchase Premium Motor Spirit at prices higher than its advertised rates from its authorized partners—Ardova Plc, Heyden, or MRS—across Nigeria. This decision comes after the refinery recently lowered its gantry price from N890 to N825 per litre. The company said it is part of […]

Smartphone demand increases Xiaomi's revenue to 30%
Tech

Xiaomi unveils latest phone models at Mobile World Congress

Xiaomi has unveiled its latest flagship smartphones, the Xiaomi 15 and Xiaomi 15 Ultra, at the Mobile World Congress in Barcelona on Sunday. These devices mark the company’s continued push into the high-end smartphone market, aiming to compete directly with industry leaders like Samsung, according to CNBC. Both devices are powered by Qualcomm’s Snapdragon 8 […]

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Reps probe oil firms over ₦9.4trn debt to FG

The Nigerian House of Representatives has launched investigative hearings to address approximately ₦9.4 trillion in outstanding debts owed by oil companies to the Federation Account. These debts encompass unpaid royalties, concession rentals, and gas flare penalties. The Committee on Public Accounts will conduct the hearings from Monday, March 3, to Friday, March 7, 2025, in […]

News

Rivers Monarch calls for implementation of Ogoni bill of rights

The traditional ruler of Barako Ancient Community in Rivers State, Kadilo Kabari, has reiterated the call for the implementation of the Ogoni Bill of Rights, emphasizing the necessity for justice and development in Ogoniland. This appeal was made in a statement on Sunday during the Uula-Mii Giaa/Lol-Giaa Tor Festival, an annual event that signifies the […]

Tech

Samsung expands AI phone lineup with $300 5G galaxy devices

Samsung has expanded its Galaxy A series with three new 5G smartphones—the Galaxy A56, A36, and A26—each featuring enhanced artificial intelligence capabilities. Samsung’s introduction of the Galaxy A56, A36, and A26 smartphones underscores its commitment to delivering advanced features at more accessible price points. This move closely follows Apple’s release of the iPhone 16e, a […]

Microsoft surpasses $4trn valuation with AI, cloud boom
Tech

Microsoft suffers global outage, email, apps downtime

Microsoft said it has restored service on Saturday evening after an outage disrupted Outlook and other Microsoft 365 programs, affecting tens of thousands of users. “We’re investigating an issue in which users may be unable to access Outlook features and services,” Microsoft 365 Status, the official Microsoft account for 365 service incidents, said in a post on […]

News

Insecurity threatens Africa’s industrial growth – PAMA

The Pan-African Manufacturers Association has identified persistent insecurity as a major threat to the growth of Africa’s manufacturing sector. In its February newsletter, PAMA’s report, “The Shadow of Insecurity: A Threat to Africa’s Manufacturing Sector,” highlights violent insurgencies, political instability, and armed conflicts as key challenges hindering industrial progress and investor confidence. PAMA warned that […]

FG loses N335m to oil spillage - Report
News

Belgium backs HYPREP’s efforts in Rivers community cleanup

The Hydrocarbon Pollution Remediation Project and the Belgian government have reaffirmed their commitment to the Ogoni cleanup and addressing environmental and socio-economic challenges in the region. This was emphasized during a visit by the Belgian Ambassador to Nigeria, Pieter Leenknegt, and renowned mangrove expert, Prof. Olof Linden, to HYPREP’s Project Coordinator, Prof. Nenibarini Zabbey. The […]

News

US urges Canada, Mexico to match tariffs on China

United States Treasury Secretary, Scott Bessent, has urged Canada and Mexico to align their trade policies with the United States by imposing matching tariffs on Chinese goods. This proposal comes as a potential strategy for these nations to avoid impending U.S. tariffs of up to 25% on their exports, set to take effect after a […]

News

Trump to host first-ever White House crypto summit

United States President, Donald Trump is set to host the White House’s inaugural cryptocurrency summit on March 7, 2025, underscoring his administration’s commitment to the digital asset industry. The White House announced Friday night that President Donald Trump will deliver remarks at the gathering, which will feature prominent crypto founders, CEOs, investors, and members of […]

Naira closes week stronger at N1,534.72/$ 
News

Naira strengthens against major currencies, bringing relief to businesses

The naira experienced a notable appreciation against major foreign currencies in the parallel market, marking a positive shift from its previous downward trend and offering relief to businesses and traders. The naira appreciated by 7.41% against the US dollar, improving from ₦1,620/$ to ₦1,540/$ during the month of February. Also, the naira strengthened against the […]

News

Moniepoint, Afrigopay partner to expand AfriGO card adoption

Moniepoint Inc has partnered with Afrigopay Financial Services Limited, a subsidiary of the Nigeria Inter-Bank Settlement System to distribute five million AfriGO cards to Nigerians. This initiative aims to enhance the government’s digital payment agenda and accelerate the nationwide adoption of AfriGO, Nigeria’s National Domestic Card Scheme. According to the statement from the two organizations, […]

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