Business

UK court freezes $40m assets of Nigerian oil

  • 5th May 2026
UK job vacancies drop 23%, signaling economic slowdown

UK mortgage affordability hits 18-year high as repayments

  • 5th May 2026

Trump’s World Liberty Financial sues crypto entrepreneur for

  • 5th May 2026

Private sector confidence rises as agriculture drives April

  • 5th May 2026

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UK court freezes $40m assets of Nigerian oil tycoon

Business
UK job vacancies drop 23%, signaling economic slowdown

UK mortgage affordability hits 18-year high as repayments exceed

Business
Vodafone partners Intel to build chipset

Vodafone to fully acquire UK mobile giant in £4.3bn

Telecommunications

Trump’s World Liberty Financial sues crypto entrepreneur for defamation

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News

Gov Mbah rejects high tax claims in Enugu

Governor of Enugu State, Dr. Peter Mbah, has rejected claims of high taxation in the state, describing them as a pathetic misconception promoted by the opposition and beneficiaries of the old order who manipulated revenue collection to fatten their private pockets. Mbah insisted that his administration had grown the state’s Internally Generated Revenue by widening […]

Loan apps: FCCPC to address rising debt with new policy
Aviation

FCCPC probes six airlines over Christmas airfare hikes

The Federal Competition and Consumer Protection Commission has revealed that six domestic airlines could face sanctions for alleged arbitrary increases in airfares during the Christmas travel period. Executive Vice Chairman of the commission, Tunji Bello, disclosed this during the “Meet the Press” briefing organised by the Presidential Communications Team at the State House in Abuja. […]

Oil and Gas

Oil soars above $100pb as Iran blocks Hormuz strait

Oil prices surged past $100 per barrel while global stock markets deepened their declines after Iran’s new supreme leader ordered the closure of the Strait of Hormuz. Concerns over a prolonged conflict persisted as United States President Donald Trump stated that stopping the Islamic republic’s “evil empire” was more important than crude prices. Global markets […]

Tech

Google Maps unveils AI-powered update, users can ask real-world questions

Google Maps is introducing a new AI-powered feature called Ask Maps, which integrates conversational capabilities driven by Google Gemini directly into the navigation app. The feature allows users to ask questions in natural language rather than manually searching for locations, providing contextual responses that combine navigation, local discovery, and recommendations. The feature effectively transforms Maps […]

Transportation

NRC moves 3.89m passengers, earns N7.77bn in 2025

Rail services operated by the Nigerian Railway Corporation conveyed a total of 3,888,661 passengers in 2025, generating N7.77 billion in passenger revenue. The figures were released by the National Bureau of Statistics in its annual rail transportation report, which covers all rail lines managed by the NRC. The data underscores the scale of Nigeria’s federally […]

Electricity featured

Power supply may worsen, national grid warns

Nigeria’s electricity supply faces a potential further decline as gas suppliers are considering suspending supply to thermal power plants due to mounting debts owed by power generation companies. The National Grid Nigeria, the operator of the national grid, revealed this development in a statement posted on its official X account on Thursday. The disclosure warned […]

featured Oil and Gas

Iran threatens Hormuz blockade, oil to hit $200/barrel amid war

Iran has threatened to block all oil shipments through the Strait of Hormuz. It warned global markets to prepare for crude prices reaching $200 per barrel as the Middle East conflict intensifies with no end in sight. Ebrahim Zolfaqari, spokesperson for Tehran’s Khatam al-Anbiya military command headquarters, issued the warning on Wednesday. He declared that […]

Economy

Net forex inflow drops 18.3% to $61.29bn in 11 months

Net foreign exchange inflow into the Nigerian economy declined by 18.3 per cent year-on-year to $61.29 billion in the eleven months ended November 2025. This figure compares with $69.61 billion recorded in the corresponding period of 2024. The drop resulted from a 25.2 per cent decline in inflows through the Central Bank of Nigeria and […]

featured Finance

Naira holds firm against US dollar in early trading Thursday

The Naira showed subtle yet firm resilience against the United States Dollar in early trading on Thursday, March 12, 2026. Real-time data from the Nigerian Foreign Exchange Market (NFEM) and informal channels indicate the local currency navigated the mid-week session with high transparency. This performance is supported by Nigeria’s robust foreign reserve position. In the […]

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