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Tinubu appoints Abel Enitan as head of civil

  • 19th August 2026

Ekiti approves ₦3bn for new high court office

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How FG spent N15.8tn subsidy removal savings

  • 19th August 2026

US tightens green card screening with new public

  • 19th August 2026

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Tinubu appoints Abel Enitan as head of civil service,

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FG borrowed ₦11.9tn in 31 months, says Oyedele

Finance

States’ 2026 budgets rise 47.5% to ₦40.14tn

Finance

Gombe approves ₦148.762m monthly subvention for state university

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Delayed airline remittances impact NCAA’s efficiency – DG

The Nigeria Civil Aviation Authority has said that delayed and irregular remittance of the five percent ticket and cargo sales charge by domestic airlines hampers the NCAA’s ability to deliver efficient services and invest in staff training, as these charges serve as the agency’s primary funding source. This was disclosed by the Director General of […]

Elon Musk announces upcoming release of AI chatbot Grok 3
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Elon Musk announces upcoming release of AI chatbot Grok 3

Billionaire tech entrepreneur Elon Musk revealed on Thursday that Grok 3, the latest version of his AI chatbot and a direct competitor to OpenAI’s ChatGPT, is in the final stages of development and set for release within the next two weeks. Speaking via video call at the World Governments Summit in Dubai, Musk touted Grok […]

Alibaba partners with Apple on AI for iPhones in China
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Alibaba partners with Apple on AI for iPhones in China

Alibaba Group Chairman Joe Tsai announced on Thursday that the Chinese tech giant will collaborate with Apple on artificial intelligence for iPhones sold in China. The news sent Alibaba’s Hong Kong-listed shares soaring over 9% to a three-year high. Speaking at the World Governments Summit in Dubai, Tsai revealed that Apple had evaluated multiple Chinese […]

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FG mulls ban on 60,000-litre tankers amid rising accidents

The federal government announced on Wednesday that it is considering banning 60,000-litre petroleum trucks due to the rising number of tanker accidents, which have claimed 493 lives in less than three years. During a stakeholders’ engagement in Abuja, the government proposed limiting tankers’ carrying capacity to a maximum of 45,000 litres to reduce the frequency […]

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Recapitalisation may push tier-3 banks into mergers – Fitch

Fitch Ratings has warned that Nigeria’s tier-3 banks may have to pursue mergers, acquisitions, or licence downgrades to meet the Central Bank of Nigeria’s new capital requirements. In its report released on Wednesday, the agency noted that while first-tier and tier-2 banks have made significant progress in raising fresh capital, tier-3 banks have lagged, making […]

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Energy infrastructure vandalism threatens Nigeria’s economy – NNPCL

The Nigerian National Petroleum Company Limited has again warned that the continuous vandalism of vital national assets—such as oil and gas pipelines, power plants, and energy installations—poses a serious threat to the economy and national development. NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, made this disclosure on Wed during a workshop and engagement session with […]

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Industries dump national grid for other power sources – Minister

The Minister of Power, Chief Adebayo Adelabu, emphasized the need to restore confidence in Nigeria’s central power supply as industries increasingly shift to alternative energy sources. Adelabu disclosed this in a statement during the commissioning of training equipment and simulation infrastructure for power distribution capacity development, built by the National Power Training Institute of Nigeria […]

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Tariff hike won’t solve power crisis, consumer group warns FG

Many electricity consumers in Nigeria are concerned that increasing tariffs without first improving power supply will not solve the country’s electricity challenges. The Nigeria Consumer Protection Network has urged the Federal Government to exercise caution, emphasizing that all consumers—regardless of their tariff band—should experience better service before any price hikes. President of the Nigeria Consumer […]

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Oil industry struggles with skilled manpower shortage – Presidency

The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, has raised concerns about a shortage of skilled manpower in Nigeria’s oil sector due to migration and retirements. She noted that over the past decade, the country has struggled with a decline in experienced engineers, geoscientists, and project managers, posing a challenge to the […]

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FG vows to revive textile industry, ensure fair competition

The Federal Government of Nigeria has pledged to revitalize the nation’s textile industry and implement policies that ensure a level playing field for local manufacturers. The Minister of State for Industry, Senator John Enoh, made this commitment on Wednesday during a visit to Sunflag Nigeria Limited, a textile manufacturing company in Lagos, as part of […]

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Chevron to cut 20% workforce in cost-saving plan

Chevron plans to cut 15% to 20% of its workforce as part of a cost-reduction strategy, aiming to save $2 billion to $3 billion by the end of 2025. The layoffs will begin this year and are expected to be largely completed by 2026, according to Chevron on Wednesday. “We do not take these actions […]

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Google warns of US power crisis in AI race with China

The United States is grappling with a power capacity crisis as AI development fuels surging energy demand, warns Maud Texier, Google’s head of energy strategy. The rapid expansion of AI data centers, outdated grid infrastructure, and growing electricity consumption are straining the nation’s power supply. The rise of China’s DeepSeek AI firm sent major power […]

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