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FG borrowed ₦11.9tn in 31 months, says Oyedele

Finance

States’ 2026 budgets rise 47.5% to ₦40.14tn

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Gombe approves ₦148.762m monthly subvention for state university

Finance

Ekiti approves ₦3bn for new high court office complex

Business

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FGN bond auction sees N1.63tn in subscriptions

The Federal Government’s bond auction in February saw a surge in investor demand, with total subscriptions jumping to N1.63tn from N670.94bn in January. This increase led to higher allotments despite falling yields, reflecting growing confidence in Nigeria’s debt market. The Debt Management Office announced the results on its website on Tuesday. The DMO conducted the […]

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NCAA raises alarm over substandard training in aviation

The Director-General of the Nigerian Civil Aviation Authority, Capt. Chris Najomo, has raised concerns over the lack of standard and quality compliance in various aviation training organizations. Speaking in Lagos on Monday at the opening of a three-day workshop on managing approved training organizations in line with Nigeria Civil Aviation Regulations, Najomo warned that this […]

Transcorp top gainers chart as NGX closes at 78,020.54 points
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Equity market declines as investors lose N215bn

The Nigerian Exchange Limited experienced a significant downturn, with investors losing approximately ₦215 billion on Tuesday. The market capitalization fell to ₦67.2 trillion, and the All-Share Index decreased by 345.19 points, a 0.32% drop, closing at 107,781.78. The market downturn was driven by sell-offs in key stocks, with Honeywell Flour Mill leading the losers’ chart […]

Umahi threatens MTN over Enugu-Onitsha road, orders N15bn monthly payment
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FG, Hitech sign deal to attract foreign investments

The Federal Government of Nigeria has formalized an Engineering, Procurement, Construction, and Finance contract with Hitech Construction Company Nigeria Ltd. for the Lagos-Calabar Coastal Highway Project. This agreement empowers the contractor, in collaboration with the Federal Ministry of Finance, to attract foreign investments to fund the project. This was disclosed in a statement by the […]

Apple faces $1.1bn in tariff costs as trade tensions escalates
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Apple shareholders reject push to end DEI programs

Apple shareholders voted on Tuesday to keep the company’s diversity, equity, and inclusion initiatives, rejecting a proposal from the conservative think tank National Center for Public Policy Research. The vote at Apple’s annual meeting was highly anticipated, especially as many major companies have rolled back diversity programs following executive orders from former President Donald Trump […]

Google challenges GitHub Copilot with free AI coding assistant
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Google challenges GitHub Copilot with free AI coding assistant

Google has launched a free version of its AI-powered coding assistant, Gemini Code Assist for Individuals, as part of its push to compete with Microsoft-owned GitHub in the developer tools market. The company also introduced Gemini Code Assist for GitHub, an AI-powered code review tool designed to automatically detect bugs and provide suggestions within GitHub […]

Trump considers sanctions against China’s DeepSeek
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China’s DeepSeek races to release new AI model

Chinese AI startup DeepSeek is accelerating the launch of its next-generation artificial intelligence model, R2, after its previous release triggered a massive sell-off in global stock markets. The Hangzhou-based company had initially planned to debut R2 in early May but is now pushing for an earlier release, according to sources familiar with the matter. The […]

Adobe to launch Photoshop for mobile users
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Adobe to launch Photoshop for mobile users

Adobe announced on Tuesday that it is bringing Photoshop to mobile phones for the first time, offering both a free version and a lower-cost subscription plan at $7.99 per month. Long considered the gold standard in digital image editing since its launch in 1990, Photoshop has traditionally been a paid service. Until now, the most […]

US seizes servers, $1M in Bitcoin from Russian ransomware gang
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Bitcoin plunges below $90,000 after Bybit hack fallout

Bitcoin fell below $90,000 on Tuesday, hitting its lowest level since November 18, as investor confidence took a hit from last week’s $1.5 billion hack of ether from the Bybit exchange and growing concerns over U.S. tariffs. The world’s largest cryptocurrency dropped 7.25% on the day to $87,169.76, extending a broader decline in the digital […]

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London court orders NLNG to pay $380m for undelivered LNG cargoes

A London court has ordered Nigeria LNG to pay $380 million in compensation to trading firms Vitol and Glencore. This ruling follows a legal battle initiated by Taleveras, a trading company that had agreements to receive liquefied natural gas  cargoes from NLNG. According to a Reuters report citing court documents, a London court ordered NLNG […]

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JUST IN: Nigeria’s GDP rises by 3.84% in Q4 2024 

The National Bureau of Statistics reports that Nigeria’s GDP grew by 3.84% year-on-year in Q4 2024, up from 3.46% in Q3. In its GDP report published on Tuesday, NBS said the growth rate is higher than the 3.46 per cent recorded in Q3 2024. The NBS noted that the 3.84% growth rate in Q4 2024 also […]

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Seplat Energy targets 14tn cubic feet of gas in Akwa Ibom

The Chief Executive Officer of Seplat Energy, Roger Brown, has emphasized the company’s potential to tap into an estimated 14 trillion cubic feet of untapped natural gas in its newly acquired assets in Akwa Ibom State. Brown made this statement during his address at the Heirs Energies Leadership Forum 2025 in Abuja, where he discussed […]

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