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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

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Tesla recalls nearly three million vehicles in China over

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US recognises Nigerian-American fintech entrepreneur George Azih

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Massive gridlock leaves commuters stranded overnight on Benin-Agbor Road

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Nigerians in the UK face job loss over sponsorship eligibility
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UK raises financial requirements for international students

Beginning January 2, 2025, international students and skilled workers applying for visas to the United Kingdom will face higher financial thresholds, according to new regulations announced by the UK government. Applicants will now be required to demonstrate increased funds in their bank accounts to cover living expenses during their stay. The revised financial requirements apply […]

News

NIPOST reports 275% revenue growth in 2024

The Nigeria Postal Service recorded a remarkable 275% increase in revenue in 2024, according to the Postmaster General, Ms. Tola Odeyemi. This significant growth marks a major achievement for the service, which had been grappling with declining revenues in previous years. Speaking about the accomplishment, Odeyemi attributed the surge to the service’s efforts to eliminate […]

Onne customs reports N643bn revenue for 2024
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Onne customs reports N643bn revenue for 2024

The Nigeria Customs Service, Area 2 Command in Onne, Rivers State, has reported a record revenue generation of N643 billion for 2024, surpassing its annual target of N618 billion by N25 billion. This achievement represents 103% of the command’s revenue goal and marks a historic milestone for the command. Area Controller, Mr. Muhammed Babandede, disclosed […]

How FG can avoid recession in 2023 - LCCI
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2025: LCCI predicts transformative growth for Nigeria

The Lagos Chamber of Commerce and Industry forecasts significant economic growth for Nigeria in 2025, contingent on the formulation and execution of decisive policies to tackle persistent economic challenges. This was disclosed by the LCCI President, Mr. Gabriel Idahosa, in the chamber’s New Year statement, which assessed Nigeria’s economic performance in 2024 and outlined projections […]

News

WTO, Asian bank launch minerals database

The Asian Development Bank and the World Trade Organization Secretariat have introduced the Trade in Critical Minerals database to improve transparency in the trade of minerals vital for the clean energy transition. Launched on November 20 at COP29 in Baku, the database offers policymakers, researchers, and stakeholders detailed information on trade flows, tariffs, and policies […]

News

Russia halts gas export to Europe via Ukraine

Russian natural gas exports to Europe through Soviet-era pipelines via Ukraine were halted on New Year’s Day after a transit deal expired, with Moscow and Kyiv unable to agree on terms to resume the flow. The shutdown of Russia’s oldest gas route to Europe marks the end of a decade of tense relations, which began […]

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NUPRC unveils upstream decarbonisation template

The Nigerian Upstream Petroleum Regulatory Commission has introduced the Upstream Petroleum Decarbonisation Template, which will be mandatory for obtaining licenses and permits starting in January 2025. This initiative aims to ensure that the petroleum sector aligns with Nigeria’s climate goals, including its commitment to achieving Net Zero emissions by 2060. Thee Commission Chief Executive, Gbenga […]

News

Finance ministry launches N250bn housing fund

The Federal Government of Nigeria has launched a N250 billion Real Estate Investment Fund through the Ministry of Finance Incorporated. This was disclosed in a statement signed by the Director of Information and Public Relations at the Ministry of Finance, Mohammed Manga on Tuesday. According to the statement, The initiative, announced on December 31, 2024, […]

Technology

India targets first space docking

India launched two small satellites into orbit for its first space docking experiment, marking a key step toward the country’s goal of building its own space station and conducting a manned mission to the moon. In an address following Monday’s launch, the chairman of the Indian Space Research Organisation, S. Somanath, said the initial docking […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
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FG borrowings push money supply to N108.96tn – CBN

Driven by domestic borrowings from the private sector, Nigeria’s Broad Money Supply grew by 51% Year-on-Year to N108.96 trillion in November 2024. According to the Central Bank of Nigeria’s Money and Credit Statistics data released on Monday, Broad Money Supply increased from N72.03 trillion in November 2023 to N108.96 trillion in November 2024. Broad Money […]

Tech

China unveils plans to expand driverless vehicle use in Beijing

China’s capital, Beijing introduced new regulations on Tuesday to support autonomous driving technology, with plans to eventually allow driverless public buses and taxis. According to Beijing Daily, autonomous vehicles that pass road tests and safety assessments will be eligible for road trials. The new regulations will come into effect on April 1. According to the […]

News

Flight data recorder in South Korea crash missing key component

Authorities have revealed that a key component is missing from a device that could shed light on South Korea’s deadliest plane crash, potentially delaying the investigation into the accident that claimed 179 lives. The flight data recorder, one of the two “black boxes” retrieved from the wreckage of the Jeju Air plane that exploded at […]

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