Business

UK court freezes $40m assets of Nigerian oil

  • 5th May 2026
UK job vacancies drop 23%, signaling economic slowdown

UK mortgage affordability hits 18-year high as repayments

  • 5th May 2026

Trump’s World Liberty Financial sues crypto entrepreneur for

  • 5th May 2026

Private sector confidence rises as agriculture drives April

  • 5th May 2026

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UK court freezes $40m assets of Nigerian oil tycoon

Business
UK job vacancies drop 23%, signaling economic slowdown

UK mortgage affordability hits 18-year high as repayments exceed

Business
Vodafone partners Intel to build chipset

Vodafone to fully acquire UK mobile giant in £4.3bn

Telecommunications

Trump’s World Liberty Financial sues crypto entrepreneur for defamation

Business

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Business

Dangote seals $4.2bn gas deal with China’s GCL for Ethiopia fertilizer plant

Dangote Industries Limited and GCL Group, China’s leading private energy conglomerate, have formalized a landmark US$4.2 billion, 25-year natural gas supply agreement to power Dangote Group’s major expansion projects in Ethiopia. The agreement was signed in Lagos. It reinforces one of the most significant China–Africa industrial partnerships to date. Under the long-term arrangement, GCL Group […]

Business

Nigeria stock market hits historic 200,000 ASI mark

Nigeria’s stock market achieved a significant milestone on Monday as the Nigerian Exchange Limited All-Share Index crossed the 200,000-point mark. The breakthrough was driven by strong investor demand and broad-based gains across major sectors. The benchmark index climbed 1.55% to close at 201,474.89 points, compared to 198,407.30 points in the previous session. This performance lifted […]

Opinion

National Single Window will fail without infrastructure, expert warns

Industry expert and Chief Consultant at Global Transport Policy, Dr. Segun Musa, has described the National Single Window as a shell to house agencies, emphasizing that unless the agencies under the NSW are properly equipped with infrastructure, the initiative will fail to deliver meaningful change. He added that Nigerians should not expect the project to […]

Business

NUPRC completes pre-qualification, notifies applicants in oil, gas licensing round

The Nigerian Upstream Petroleum Regulatory Commission has moved Nigeria’s 2025 oil and gas licensing round into a key phase, completing the pre-qualification process and formally notifying successful applicants, signaling the shift from screening to competitive bidding. In a statement on Tuesday, the commission said the milestone, reached on March 16, 2026, concludes the initial screening […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
Business

Nigeria’s internet traffic surges 168% over three years – NCC

Internet usage in Nigeria has surged significantly over the past three years, with total traffic rising by about 168 per cent between January 2023 and January 2026, according to an analysis of data from the Nigerian Communications Commission. Data from the telecom regulator shows that internet traffic climbed to 1,385,536.04 terabytes in January 2026, up […]

Business

Nigeria records $96bn in crypto, virtual asset transactions — SEC

Nigeria’s digital finance ecosystem recorded approximately $96bn in cryptocurrency and other virtual asset transactions, according to Emomotimi Agama, Director-General of the Securities and Exchange Commission. Speaking at a Citizens and Stakeholders Engagement Session organised by the Federal Ministry of Finance in Abuja on Monday, Agama said the sheer scale of activity in the digital asset […]

Business

Trump slams US allies reluctant to join Hormuz oil escort

President Donald Trump expressed frustration on Monday that certain countries are refusing to join a coalition to protect oil tankers transiting the Strait of Hormuz. “Some are very enthusiastic, and some are less than enthusiastic,” Trump told reporters at a press conference. “And I assume some will not do it. I think we have one […]

Spotify expands audiobook, lure authors with with new publishing program
Entertainment featured

Nigerian artists earned over ₦60bn from Spotify in 2025

Nigerian artists generated more than ₦60 billion in revenue from Spotify streams in 2025. This figure highlights the increasing commercial value of the nation’s music industry and its growing international appeal. Details from Spotify’s latest Loud & Clear report indicate a significant jump in earnings. The growth was fueled by strong domestic listenership alongside rising […]

Tech

Apple acquires MotionVFX to boost video editing ecosystem

Apple has acquired video editing company MotionVFX, known for producing plugins, templates and visual effects tools compatible with Apple’s Final Cut Pro. “We are extremely excited to share that MotionVFX is joining the Apple team to continue to empower creators and editors to do their best work,” the startup said on its website Monday. “From […]

Business

Senate panel clears Magnus Abe as NUPRC board chairman

The Senate Committee on Petroleum Resources on Monday cleared Magnus Abe, former senator representing Rivers South-East, for appointment as chairman of the board of the Nigerian Upstream Petroleum Regulatory Commission. Abe and other nominees submitted by President Bola Tinubu were screened by the committee. The committee was chaired by Eteng Williams, senator representing Cross River […]

Oil and Gas

US-Israel-Iran war chokes Hormuz, strains global oil supply — Report

The war in Iran has transformed the Strait of Hormuz into a critical choke point where a single misstep could disrupt economies worldwide. Iran’s threats against oil tankers passing through the Strait of Hormuz—a vital route carrying about 20 per cent of global oil exports in peacetime—have compelled regional countries to pursue alternative export paths. […]

Travel

Japa syndrome deepens Nigeria’s doctor shortage crisis — Minister

Nigeria is facing a deepening health workforce crisis due to the ongoing mass migration of medical professionals, which is severely straining the nation’s fragile healthcare system, Minister of State for Health and Social Welfare, Iziaq Salako, has warned. Salako sounded the alarm on Monday during his keynote address at the 2026 United Kingdom Global Health […]

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