Business

AMCON recovers N165bn from bank debtors in H1

  • 27th July 2026

Over 90% of informal workers abandon personal pension

  • 27th July 2026

Oando plans power generation from abandoned oil wells

  • 27th July 2026

Senate replaces outdated insurance law with new regulatory

  • 27th July 2026

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Nvidia, Microsoft, SpaceX launch AI safety initiative

Tech

Snapchat introduces real-time music sharing feature for users

Tech

UK snubs Nigeria, waives proof-of-funds demand for Tunisia, others

Business

Hugging face CEO demands OpenAI release records of AI

Tech

Blog

Investment

AfDB commits $125m to boost African infrastructure investment

The African Development Bank is set to invest $125 million in the African Trade and Investment Development Insurance, a move that will make the continental lender the institution’s largest shareholder while strengthening efforts to attract greater private sector investment into infrastructure and development projects across Africa. The disclosure was made by AfDB President, Sidi Ould […]

Investment

Lekki free zone office space pipeline hits 45,100sqm

The Lekki Free Trade Zone has recorded notable growth in its office market, with completed office stock reaching 23,182 square metres and an additional 45,100 square metres currently under development. Nairametrics reported that this was revealed in a recent Estate Intel report titled The Future of Workspaces in Lekki Free Trade Zone, which highlighted the […]

Banking

CBN mops up ₦5.42tn from fresh OMO auction

The Central Bank of Nigeria absorbed N1.945 trillion from the financial system through its Open Market Operations auction conducted on May 29, 2026, as part of efforts to sterilise excess liquidity ahead of an anticipated N3.35 trillion inflow from maturing OMO and Treasury Bills securities. Nairametrics reported that results from the latest OMO auction revealed […]

Business

Dangote retains Africa’s most admired brand crown

Dangote Industries Limited has reinforced its standing as one of Africa’s most influential corporate brands after being named Africa’s Most Admired African Brand for the eighth consecutive year. The company also recorded another major achievement as its Group Chief Branding and Communications Officer, Anthony Chiejina, was listed among Africa’s 100 Most Influential Chief Marketing Officers. […]

Business

Flutterwave hits $40bn payment volume milestone

African fintech giant Flutterwave has surpassed one billion processed transactions and recorded more than $40 billion in total payment value since its launch. The milestone was revealed by Flutterwave Founder and CEO, Olugbenga Agboola, in a blog post reviewing the company’s growth and expansion over the past year. Agboola attributed the company’s strong performance to […]

Business

Many businesses yet to feel impact of FG’s economic reforms – NECA

The Nigeria Employers’ Consultative Association has said that many businesses are yet to feel the positive impact of the federal government’s economic reforms. NECA Director-General Adewale-Smatt Oyerinde told the News Agency of Nigeria on Sunday that companies are still grappling with inflation, high energy costs and foreign exchange volatility, despite some gains in key economic […]

Aviation

Russia bans aviation fuel export as Ukraine intensifies attacks on refineries

Russia has announced a ban on aviation fuel exports that will run until November 30, as authorities move to secure domestic supply amid declining refinery output and mounting strain on the country’s energy infrastructure. The government said the restriction is intended to stabilise the local fuel market, stressing that the priority is to ensure adequate […]

Tech

Anthropic, OpenAI, SpaceX to deploy Nvidia’s next-generation AI chip

Nvidia Corp said that Anthropic, OpenAI and SpaceX are among the first major customers for its upcoming microprocessor, marking an early win as it expands deeper into AI data center infrastructure. At the Computex Taipei conference, Nvidia CEO Jensen Huang highlighted the companies during his presentation, saying they will be among the first to deploy […]

Business

FMDQ Group appoints Zeal Akaraiwe as new CEO

FMDQ Group Plc has appointed financial markets expert, Zeal Akaraiwe as its new Chief Executive Officer, marking a leadership change at the helm of Nigeria’s over-the-counter financial market infrastructure operator. The appointment follows the retirement of pioneer Group Managing Director and CEO Bola Onadele Koko, who completed a 12-year tenure during which he oversaw the […]

featured Oil and Gas

Cooking gas prices surge despite rising local production — Report

The price of Liquefied Petroleum Gas, commonly known as cooking gas, has continued to increase across Nigeria despite a significant rise in domestic production and a sharp decline in imports, according to The PUNCH. Data obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority indicated that local production from refineries and gas processing plants […]

featured News

Federal workers threaten indefinite strike over hardship, rising insecurity

The Federal Workers Forum has threatened to mobilise federal workers across the country for an indefinite nationwide strike over worsening insecurity and unresolved wage-related issues affecting workers. According to The PUNCH, the threat was contained in a communiqué issued after an online meeting held on Sunday, where the forum also criticised the Nigeria Labour Congress […]

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