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Geregu Power confirms payment of N40bn bond coupon,

  • 21st August 2026

Femi Otedola’s net worth nears $2bn

  • 21st August 2026

NNPC raises alarm over Nigeria’s growing energy skills

  • 21st August 2026

CBN calls for wider adoption of digital payment

  • 21st August 2026

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Canada to admit 230,000 foreign workers through 2026 programmes

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Geregu Power confirms payment of N40bn bond coupon, principal

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Femi Otedola’s net worth nears $2bn

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Dangote offers East Africa 30% stake in refinery

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Microsoft brings OpenAI's free GPT-oss-20b model to Windows
Tech

Microsoft introduces Copilot AI features to Microsoft 365 users

Alex Omenye Microsoft has announced the expansion of its Copilot AI features to individual consumers within the Microsoft 365 suite, following the launch of similar on-demand AI agents for businesses earlier this week. Starting soon, customers will have the option to choose between a Microsoft 365 subscription plan with Copilot AI features or one without. […]

Dangote Refinery loses N32.5bn after petrol price cut
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Fuel price hits N955 at Dangote refinery

In response to the ongoing surge in Brent crude oil prices, the Dangote Petroleum Refinery has announced an increase in the price of Premium Motor Spirit, or petrol, for its customers. The refinery revealed in a statement that the new price for its refined products will be N955 per litre at the loading gantry, reflecting […]

News

FG no longer involved in fixing fuel prices – Minister

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has stated that international crude oil prices are a key factor driving fluctuations in petrol pump prices. Lokpobiri also confirmed that the downstream sector is now fully deregulated, with the government no longer involved in setting prices. The Minister made this disclosure at the inaugural […]

Apple to allow users repair iPhones with used parts
Tech

Apple disables AI news notifications in beta iPhone software

Apple has paused its AI-generated summaries for news apps on beta software users, reflecting challenges with its AI technology. This move follows concerns raised by the BBC about inaccuracies in Apple’s AI-driven news notifications. The pause is limited to beta users and does not affect those using the stable versions of Apple’s operating systems. News […]

News

Governors, tax reform committee agree on revised 50% VAT equality

Nigerian governors have approved a revised Value Added Tax formula, which allocates 50% based on equality, 30% on derivation, and 20% on population, marking a significant breakthrough in negotiations. After weeks of controversy, governors from the 36 states and the Presidential Tax Reform Committee reached an agreement on Thursday regarding the modalities for sharing the […]

News

NEXIM partners US EXIM Bank to boost US-Nigeria trade ties

The Nigerian Export-Import Bank and the Export-Import Bank of the United States signed a Memorandum of Understanding on Thursday to strengthen trade relations between the two countries. The agreement was signed by the President/Chair of US EXIM, Reta Jo Lewis, on behalf of the US bank, and the Managing Director/Chief Executive of NEXIM Bank, Mr. […]

Dangote Refinery loses N32.5bn after petrol price cut
News

Dangote refinery targets 650,000bpd by June

The Dangote Petroleum Refinery is looking to import additional crude oil due to insufficient supply from the Nigerian National Petroleum Company Limited for fuel production at its $20 billion Lekki facility. Officials at the refinery reported that production has increased to 500,000 barrels per day and aims to reach 650,000 bpd by June this year. […]

News

FG eyes N1.8tn from bond market in Q1

The Federal Government plans to raise N1.8tn from the bond market in the first quarter of 2025, according to the Debt Management Office. The proposed issuances, outlined in the recently released FGN Bond Issuance Calendar, consist of a mix of re-opened and new bonds across three monthly auctions scheduled for January, February, and March 2025. […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
News

W’Bank forecasts 3.5% GDP growth for Nigeria 2025

The World Bank has projected Nigeria’s economy will grow by 3.5% in 2025, with a slight increase to 3.7% in 2026. This forecast, outlined in the latest Global Economic Prospects report, indicates a modest recovery amid ongoing economic challenges and global uncertainties. The report states that Nigeria’s economic growth is estimated to have improved to […]

News

Oyedele anticipates early passage of tax reforms bill

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, expressed his expectation that the Nigeria Tax Reform Bill would be enacted into law by the end of the first quarter of 2025. He also predicted that national discussions on the bill would intensify as the country approaches its implementation later […]

Tech

Nintendo to launch long-awaited Switch 2 console 2024

Nintendo announced on Thursday that the much-anticipated Switch 2 hybrid console will be released this year, promising upgrades such as a larger screen and bigger controllers. In a video trailer, the company showcased a transformation of the console, starting with the current version before expanding the tablet by detaching the controllers. The joy-cons then grow […]

Biden seeks to keep TikTok accessible in US amid pending ban
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Biden seeks to keep TikTok accessible in US amid pending ban

The Biden administration is actively exploring strategies to ensure TikTok remains accessible in the United States, despite a looming nationwide ban set to take effect on Sunday, NBC News reported late Wednesday. The discussions come amid heightened concerns over national security risks associated with the Chinese-owned platform, particularly its handling of user data and its […]

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