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US recognises Nigerian-American fintech entrepreneur George Azih

  • 21st August 2026

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

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Meta knew of child safety risks but did little

Tech

Tesla recalls nearly three million vehicles in China over

Business

US recognises Nigerian-American fintech entrepreneur George Azih

Business

Massive gridlock leaves commuters stranded overnight on Benin-Agbor Road

Transportation

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Global oil supply hits record high in August - IEA
News

Oil prices see modest rise first 2025 trading day

Oil prices saw a slight increase on the first trading day of 2025, with Brent crude rising by 16 cents to $74.80 a barrel and U.S. West Texas Intermediate crude gaining 16 cents to $71.88. Investors are closely watching China’s economic and fuel demand outlook after President Xi Jinping’s pledge to stimulate growth, according to […]

BYD closes 2024 with high EV sales, challenges Tesla
News

BYD closes 2024 with high EV sales, challenges Tesla

Chinese automaker BYD recorded a significant rise in sales in December, reinforcing its position as Tesla’s closest competitor in the race to dominate the global electric vehicle market. The Shenzhen-based company sold 207,734 EVs in December, pushing its annual sales to an impressive 1.76 million units for 2024, bolstered by government subsidies and discounts that […]

Labour advocates annual minimum wage adjustment to reflect inflation
News

Labour advocates annual minimum wage adjustment to reflect inflation

Organised Labour in Nigeria is pushing for an annual adjustment of the ₦70,000 minimum wage to reflect rising inflation, describing the current wage revision system as outdated and inadequate in addressing workers’ financial struggles. Labour leaders argue that the existing practice of revising wages every three to five years is ineffective, particularly amid the escalating […]

Trump hotel bomber used ChatGPT to plan Cybertruck explosion
News

Police probes Tesla’s cybertruck explosion near Trump Hotel

Las Vegas Metropolitan Police Department is investigating a Tesla Cybertruck explosion outside the Trump International Hotel in Las Vegas on Wednesday morning, which killed one person and injured seven others. Sheriff Kevin McMahill confirmed during a media briefing that the seven injured individuals suffered minor injuries. The identity of the deceased has not yet been […]

Tarrif hike: DisCos sweat as manufacturers insist on old rates
News

DisCos’ performance awful in 2024 – Expert

The National Coordinator of the Coalition for Affordable and Regular Electricity, labeled last year’s performance of Nigeria’s Electricity Distribution Companies as appalling. This was disclosed by Bosah in an interview on Wednesday, according to NAN. He criticized the DisCos for focusing on profit rather than upgrading infrastructure, highlighting widespread consumer complaints about erratic power supply […]

NASS inflated 2025 budget with 11,122 'ghost' projects — BudgIT
News

National assembly to probe allleged sabotage in oil sector – Bamidele

Senate Leader Opeyemi Bamidele stated that the National Assembly will soon target alleged saboteurs in the oil and gas sector. Bamidele made this disclosure  in a New Year message, titled, “Another Year of Limitless Opportunities,” made available to journalists in Abuja. He outlined key items on the National Assembly’s legislative agenda, including the consideration of […]

Oil and Gas

Dangote, P’Harcourt refineries, others to consume 123m barrels H1 – Report

The Dangote refinery, along with the revamped Port Harcourt and Warri refineries, and six other refining facilities across Nigeria, are expected to consume about 37% of the country’s total projected crude oil production in the first half of 2025. According to data from the Nigerian Upstream Petroleum Regulatory Commission, 123.48 million barrels will be allocated […]

News

Korean police raid aviation agency over plane crash

South Korean police conducted a series of raids on Thursday, searching offices and the airport involved in Sunday’s deadly plane crash to determine responsibility for the disaster. Investigators from the Jeonnam Provincial Police Agency targeted the Busan Regional Aviation Administration’s office in Muan County, Muan International Airport, and Jeju Air Co.’s office in Seoul, starting […]

UK job vacancies drop 23%, signaling economic slowdown
News

UK house prices near record high in 2024

United Kingdom house prices nearly reached a record high by the end of last year, according to industry data from Nationwide Building Society, indicating that the resilient property market gained further momentum. The lender reported a 0.7% month-on-month increase in house prices, bringing the average to £269,426 ($337,500), just shy of the record high of […]

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MDAs remitted N1.96tn via IPPIS in 2024

The Federal Government’s ministries, departments, and agencies remitted a total of N1.96 trillion through the Integrated Personnel and Payroll Information System in 2024, according to data from GovSpend. GovSpend is an accountability website, for government expenditures  powered by BudgIT. The remittances were made by various MDAs, including federal universities, colleges, the Nigerian military, the Nigerian […]

Nigerian Box Office sets new record with N2.8bn in December 2024
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Nigerian Box Office sets new record with N2.8bn in December 2024

The Nigerian box office achieved an unprecedented milestone in December 2024, generating over N2.8 billion in revenue and selling more than 537,000 tickets. These figures represent the highest single-month gross since December 2019, establishing a new benchmark for the industry and reflecting the growing popularity of Nollywood films and the resilience of cinema in Nigeria. […]

FG deducts N256.5bn for gas projects in six months
News

President Tinubu to reduce inflation to 15% by 2025

President Bola Tinubu has reiterated his administration’s strong commitment to reducing Nigeria’s inflation rate from its current level of 34.6% to 15% by the end of 2025. He made the pledge in his New Year address to Nigerians on Wednesday. In his message, President Tinubu highlighted that the government’s efforts would be focused on increasing […]

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