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Crude prices slide as US-Iran peace revives bearish

  • 21st June 2026

Hundreds of Nigerians stranded in South Africa as

  • 19th June 2026

Amazon engineers under internal probe after criticising AI

  • 19th June 2026

Only 6% of Nigerians access formal credit despite

  • 19th June 2026

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FCT motorists lament high fuel cost despite oil drop

featured Oil and Gas

Oyedele, Wike meet to harmonise FCT tax administration

Finance

Big tech reroutes Gulf data via Iraqi pipeline-linked fiber

Tech

Crude prices slide as US-Iran peace revives bearish bets

Business

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Business

Trump lifts UK whisky tariffs ‘in honor’ of King Charles

United States President Donald Trump on Thursday lifted tariffs on a major United Kingdom export, following a state visit by King Charles III and Queen Camilla that seemed to ease transatlantic tensions after months of political friction. “In Honor of the King and Queen of the United Kingdom, who have just left the White House, […]

Aviation

Airlines avert shutdown despite jet fuel price surge

Nigerian airlines sustained flight operations on Thursday despite earlier threats of an industry-wide shutdown triggered by soaring jet fuel prices, underscoring ongoing tensions in Africa’s leading crude-producing nation and most populous country. This marks the second time within two weeks that a potential strike by airline operators has been averted. Engagements between the Federal Government […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira trades near ₦1,375/$ amid market caution

The Naira commenced the new month with mild fluctuations against the United States Dollar across both the official and informal foreign exchange markets, reflecting a cautious but steady outlook. As of the early hours of Friday, May 1, 2026, figures obtained from the Nigerian Foreign Exchange Market and several parallel market trading points in Lagos […]

featured Travel

UAE bans travel to Iran, Iraq, Lebanon amid tensions

The United Arab Emirates Ministry of Foreign Affairs on Thursday announced a travel ban preventing Emirati nationals from visiting Iran, Lebanon and Iraq, citing escalating regional tensions linked to the ongoing Middle East conflict. According to AFP, the move comes amid heightened insecurity following a prolonged crisis triggered by a United States and Israeli military […]

featured

Dangote Refinery recalls redeployed engineers to boost efficiency

Dangote Petroleum Refinery has approved the recall of engineers who were earlier redeployed across its business units, describing the move as a conditional pardon after disciplinary measures stemming from operational disruptions. The decision, communicated in an internal memo to staff on Thursday, reflects a recalibrated approach by management as it seeks to balance accountability with […]

X to resume headlines display - Elon Musk
Tech

X unveils AI-driven ad tools to boost marketing appeal

Elon Musk’s X is rolling out a rebuilt, artificial intelligence-powered advertising platform in a renewed effort to attract marketers, with the new system beginning its phased rollout on Thursday. The move comes after the company faced early challenges in expanding advertising revenue under Musk’s ownership, prompting a strategic pivot toward alternative monetisation streams, including artificial […]

Don, CITN advocate taxes for economic development
Business

Tax reforms raise demand for skilled, ethical professionals – CITN

The Chartered Institute of Taxation of Nigeria has said that the country’s ongoing tax reforms are driving higher demand for skilled and ethical professionals, cautioning that practitioners will now be held to stricter standards under the new framework. Speaking on Thursday in Abuja at the institute’s 54th induction ceremony, its President and Chairman of Council, […]

Business

Tinubu nominates Joseph Tegbe as Minister of Power

President Bola Ahmed Tinubu has nominated Mr Joseph Olasunkanmi Tegbe as Minister of Power, pending confirmation by the Senate. The announcement was made on Thursday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga. He added that the nomination has been formally forwarded to the Senate for screening and confirmation in accordance with […]

Meta platforms restored after hour-long global outage
Tech

Meta shares plummet near 10% after earnings, Google skyrockets

Meta shares tumbled nearly 10 per cent at the opening on Wall Street on Thursday, while Google-parent Alphabet surged more than six per cent. The fluctuations came a day after the tech rivals reported quarterly earnings and showed starkly different investor reactions for their costly bets on artificial intelligence, according to AFP. More to come…

featured

JPMorgan executive accused of sexual harassment, drugging junior male staff

A 37-year-old executive director at JPMorgan Chase, Lorna Hajdini, has been accused in a lawsuit of sexually harassing a married colleague over several months. The complaint alleges that she used her senior position to pressure and intimidate the junior employee, ignoring his repeated objections. It further claims she engaged in abusive behaviour, including alleged drugging, […]

Business

NRS launches Rev360 platform to modernise tax collection

The Nigeria Revenue Service has announced the official rollout of its new tax administration platform, Rev360, which will be deployed in phases starting with medium and emerging taxpayers. In a statement issued on Thursday titled “Nigeria Revenue Service Launches Rev360, Marking Transition to Tax Administration 3.0,” the Service confirmed the launch. It described the development […]

Trans-Niger pipeline resumes operations after blast
Business

NNPCL completes River Niger crossing on OB3 gas pipeline

The Nigerian National Petroleum Company Limited has announced the completion of the River Niger crossing on the Obiafu-Obrikom-Oben (OB3) Gas Pipeline, adding 2 billion standard cubic feet per day to gas transmission capacity. This was disclosed in a statement signed by the company’s Chief Corporate Communications Officer, Andy Odeh, on Thursday. According to the statement, […]

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