Business

NNPC raises alarm over Nigeria’s growing energy skills

  • 21st August 2026

CBN calls for wider adoption of digital payment

  • 21st August 2026

EFCC charges two over alleged unlawful supply of

  • 20th August 2026

FG urges banks, fintechs to bridge $14.8bn gender

  • 20th August 2026

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NNPC raises alarm over Nigeria’s growing energy skills shortage

Business

CBN calls for wider adoption of digital payment channels

Business

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Microsoft warns Africa risks becoming AI consumer

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Frank McCourt open to joint bid for TikTok’s US operations
News

Frank McCourt open to joint bid for TikTok’s US operations

United States businessman Frank McCourt has expressed willingness to collaborate with other buyers on a bid for TikTok’s U.S. operations, provided he retains control of the asset. Speaking at the World Economic Forum in Davos on Thursday, McCourt emphasized that capital was not a barrier, citing interest from private equity firms and family offices eager […]

News

FG eyes $5bn revenue from annual Orisa congress

The Federal Government, through the National Institute for Cultural Orientation, has projected that the proposed Annual World Orisa Congress could generate over $5 billion in revenue. NICO revealed on Thursday that the project could attract more than one million visitors worldwide and enhance investment opportunities for Nigeria. The World Orisa Congress aims to celebrate and […]

Perplexity makes $34.5bn bid for Google’s Chrome browser
News

AI startup Perplexity launches ChatGPT, Siri, Alexa rival android assistant

Artificial intelligence startup Perplexity unveiled its new agent-based assistant for Android devices on Thursday, positioning itself as a challenger to OpenAI’s ChatGPT and established digital assistants like Apple’s Siri and Amazon’s Alexa. Backed by Nvidia and Amazon founder Jeff Bezos, Perplexity announced that the Perplexity Assistant can handle tasks such as booking dinner reservations, hailing […]

Naira closes week stronger at N1,534.72/$ 
Economy

Naira gains marginally against dollar in FX market

The naira saw modest gains in Nigeria’s foreign exchange market. On Thursday, the Nigerian currency appreciated slightly in the official market, closing at N1,548.59 to the U.S. dollar. FMDQ data revealed this was N4 lower than the previous day’s exchange rate of N1,552.58/$1. The naira remained stable on the black market, with foreign exchange rates […]

News

Trump brushes off Musk’s criticism of $500bn AI project

President Donald Trump on Thursday dismissed criticism from Tesla CEO Elon Musk over a $500 billion artificial intelligence project announced earlier this week. The initiative, a joint venture called Stargate, involves OpenAI, SoftBank, and Oracle, and is projected to build data centers and create over 100,000 jobs across the United States. Trump unveiled the ambitious […]

How FG can boost Nigeria's digital growth - Analyst
News

NATCOMS distances itself from NLC’s telecom tariff protest

The National Association of Telecommunications Subscribers has distanced itself from the planned industrial action by the Nigeria Labour Congress over the recently approved telecom tariff hike. In a statement on Thursday, NATCOMS President, Mr. Deolu Ogunbanjo, called the proposed protest unnecessary, cautioning that it could send negative signals to investors. The Nigerian Communications Commission, the […]

CAC to delete inactive companies in 90 days
News

CAC to sanction officers violating application guidelines

The Corporate Affairs Commission has vowed to impose sanctions on any officers found violating application guidelines and procedures. In a statement on Thursday, the Commission expressed concern over complaints indicating that some officers may be fast-tracking certain applications at the expense of others. “The Commission does not take these allegations lightly and is, therefore, investigating […]

News

FAAN MD jstifies N580bn runway upgrade, threatens resignation

The Managing Director of the Federal Airports Authority of Nigeria, Olubunmi Kuku, has stated that she will step down when she feels it’s time to leave her position. Kuku made the remark while answering aviation industry-related questions on Television Continental on Thursday evening. The FAAN MD, who admitted to stepping on toes and said she […]

Nigeria borrowed money to fight Boko Haram - Oyedele
News

Nigeria can achieve 15% inflation target in 2025 – Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has expressed optimism about Nigeria’s inflation outlook for 2025, believing the country can lower the inflation rate from an average of 34.80 percent in 2024 to 15 percent. Oyedele made this statement at the PwC & BusinessDay Executive Roundtable on Nigeria’s […]

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Strict penalties needed for flight delays, cancellations – FG panel

The Federal Government, through the Central Results Delivery Coordination Unit, has called on the Ministry of Aviation and Aerospace Development, along with the Nigerian Civil Aviation Authority, to review a draft policy that suggests imposing stricter sanctions on airlines in response to the rising number of flight delays and cancellations across the country. The Special […]

News

Nigeria emerging W’Africa’s crude refining hub, supply challenges persist – CORAN

The Crude Oil Refinery-owners Association of Nigeria has noted that Nigeria is gradually emerging as a refining hub in West Africa, but raised concerns over supply challenges faced by existing refineries. This statement came as the association welcomed the Nigerian Midstream and Downstream Petroleum Regulatory Authority issuing a license for a new private refinery in […]

News

FG to raise N450bn in January bond auction

The Nigerian government, through the Debt Management Office, intends to raise N450 billion in January 2025 via its bond auction. This is notably higher than the N360 billion offered in January 2024 and the N120 billion in December 2024 This initiative is designed to help bridge the fiscal deficit and meet the government’s financial obligations, […]

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