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Tinubu orders arrest of fake agency promoter, suspends

  • 21st August 2026

FBI asks US court to keep Tinubu-related records

  • 21st August 2026

US recognises Nigerian-American fintech entrepreneur George Azih

  • 21st August 2026

Geregu Power confirms payment of N40bn bond coupon,

  • 21st August 2026

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Tinubu orders arrest of fake agency promoter, suspends three

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NSIB launches investigation into FlyBird aircraft incident

The Nigerian Safety Investigation Bureau has initiated an investigation into a serious incident involving a FlyBird HS 125 aircraft, registration number 5NKAL. The aircraft, which was traveling from Nnamdi Azikiwe International Airport, Abuja, to Kotoka International Airport, Accra, encountered technical difficulties during its flight on December 6, 2024. This was confirmed by the NSIB’s Director […]

Nigeria Exchange in decline two weeks in a row
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NGX gains N18.2trn despite economic challenges, rising interest rates

The Nigerian equities market has demonstrated resilience, with the Nigerian Exchange Limited listing N8.1 trillion worth of shares from January to November 2024, despite the economic downturn and higher interest rates in Nigeria. The overall market capitalization, which opened 2024 at N40.918 trillion, gained N18.2 trillion, or 44.5%, closing at N59.107 trillion on November 29, […]

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Crude prices rise after Syrian president’s regime collapse

Oil prices rose on Monday amid heightened uncertainty in the Middle East following the fall of Syrian President Bashar al-Assad’s regime. Brent crude increased by 36 cents to $71.48 per barrel, while U.S. West Texas Intermediate crude gained 38 cents to $67.58 per barrel. However, the gains were limited by concerns over reduced demand for […]

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Avoid publicly sharing account numbers, Moniepoint MD warns Nigerians

The Managing Director of Moniepoint Microfinance Bank, Babatunde Olofin, has warned Nigerians about the risks of sharing their account numbers publicly, particularly during the festive season. He noted that fraudsters could exploit such information to commit cyber fraud. This was disclosed by Olofin in an interview on Sunday, according to NAN. Olofin further emphasized the […]

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Telecoms sector suffers $99m foreign investment decline in Q3 – NBS

Foreign investments in Nigeria’s telecommunications sector plummeted from $113.42 million in Q2 2024 to $14.4 million in Q3 2024, representing an 87% decline, according to the National Bureau of Statistics. This $99.02 million drop, signals potential challenges such as economic instability, regulatory issues, or declining investor confidence in the sector. The NBS, in its capital […]

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Oando boosts oil production by 50%

Oando Plc reported a nearly 50% increase in its crude oil production over the past three months. This surge follows its acquisition of the Nigerian Agip Oil Company from Eni earlier this year, which contributed significantly to the boost in output. The Managing Director of Oando Energy Resources Nigeria Limited, Dr. Ainojie Irune, made disclosure […]

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FG to prioritize digital skills training for unemployed youths – Minister

The Minister of State for Labour and Employment, Nkeiruka Onyejeocha, stated that the federal government’s priority is to speed up the training and empowerment of unemployed youths in digital skills and information technology. Onyejeocha made this disclosure during the launch of the 93,731 Renewed Hope Employment Initiative at the National Directorate of Employment, held at […]

Dangote Refinery loses N32.5bn after petrol price cut
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Marketers start direct petrol loading from Dangote refinery

The Independent Petroleum Marketers Association of Nigeria has started lifting Premium Motor Spirit from the Dangote Petroleum Refinery. This comes after an agreement between IPMAN and the refinery was reached last month. IPMAN members have already lifted millions of litres of petrol from the Dangote refinery, which is situated in the Lekki Free Trade Zone […]

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Keyamo blasts FCCPC for Air Peace pricing statement

The Minister of Aviation and Aerospace Development, Festus Keyamo, criticized the Federal Competition and Consumer Protection Commission for publicly questioning Air Peace’s pricing practices. He argued that the FCCPC should have consulted with the Nigeria Civil Aviation Authority before making any public statements about the airline’s pricing. Keyamo made this statement during an interview on […]

Brent crude prices drop to $71 as Saudi Aramco cuts prices
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Brent crude prices drop to $71 as Saudi Aramco cuts prices

Global oil prices, tracked by Brent futures, have fallen to $71 per barrel, remaining below the $75 threshold after Saudi Arabia’s state-owned oil giant, Aramco, implemented deeper-than-expected price cuts for its Asian customers. Aramco’s price reductions are attributed to delays in OPEC’s plans to control production, adding further pressure to efforts aimed at stabilizing global […]

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AI unlikely to transform daily life soon – Google CEO

Generative artificial intelligence likely won’t bring major changes to daily life in 2025—at least, not beyond its current impact, according to Google CEO, Sundar Pichai. Speaking at the New York Times DealBook Summit last week in New York City, Pichai shared his perspective alongside other prominent figures, including OpenAI CEO, Sam Altman, Amazon founder, Jeff […]

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