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DStv, GOtv users lament activation delays as EPL

  • 22nd August 2026

US tariffs on Canada take effect as deal

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  • 21st August 2026

FBI asks US court to keep Tinubu-related records

  • 21st August 2026

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Domestic transactions on NGX hit record ₦10.68trn in July

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Why Q1 2026 pension contributions dropped by 38% —

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Naira strengthens to ₦1,346.90/$ amid surge in FX activity

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DStv, GOtv users lament activation delays as EPL returns

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SpaceX launches Starlink Mini for users
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Starlink suspends orders in Nigeria over regulatory approval delay

Elon Musk’s Starlink has temporarily halted orders for its residential internet kits in Nigeria, citing the need for regulatory approval from the Nigerian Communications Commission for its recent price hike. The company does, however, accept orders for its premium Business Plan, which permits it to charge N159,000 for a monthly subscription, as opposed to N38,000 […]

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Volkswagen labour union offers €1.5bn in cost cut

Volkswagen AG’s labour leaders in a bid to steady the beleaguered carmaker, have proposed €1.5 billion ($1.6 billion) in cost cuts, as management seeks broad savings to address slumping demand, high operational costs, and intensifying competition from Chinese manufacturers. The VW’s works council chief, Daniela Cavallo, unveiled the plan on Wednesday, suggesting suspension of portions […]

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UK inflation rises to 2.3% in October

In a surprise move, United Kingdom inflation accelerated to 2.3 per cent in October, exceeding market expectations and potentially halting the Bank of England’s plans for a December interest rate cut. According to data released by the British Office for National Statistics on Wednesday, the sharp increase from September’s 1.7% rate surpassed the 2.2% forecast […]

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Oil prices stable amid global conflicts

Oil remained mostly unchanged for a second day on Wednesday as data indicating increased United States crude reserves was countered by worries that the crisis in Ukraine may hamper Russia’s oil supply and indications of an increase in Chinese crude imports. Brent crude futures were up 11 cents to $73.42 per barrel early morning. The […]

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Ex-Nigerian envoy slams IMF, W’Bank’s ‘ineffective economic policies’

The former Permanent Representative of Nigeria to the United Nations and Chief of Staff to President Muhammadu Buhari, said on Tuesday that years of World Bank and International Monetary Fund economic recommendations have not succeeded in improving Nigeria’s economy. Gambari said that Nigerians would be living in more prosperity now if the IMF and World […]

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Oil reserves drop by 50bn barrels amid shrinking investment

The Nigerian Upstream Petroleum Regulatory Authority had reported a concerning decline in the country’s oil reserves over the past 14 years. The NUPRC stated that between 2008 and 2023, oil reserves decreased from 38 billion barrels to 37.50 billion barrels. The NUPRC attributed this in a publication to the massive drop in exploratory activity brought […]

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CBN denies claims of withholding FX transfers

The Central Bank of Nigeria has denied claims that it is preventing Nigerians from transferring money into their accounts. The CBN also warned customers to exercise caution when sending fictitious SWIFT messages while remitting foreign exchange. The apex bank made this disclosure in a statement signed by the acting Director of Corporate Communications on Tuesday, […]

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Agents petition NCAA over foreign airlines selling tickets in dollars

The National Association of Nigeria Travel Agents has formally petitioned the Nigeria Civil Aviation Authority over the sale of air tickets in foreign currencies by certain international airlines. This practice violates the Bilateral Air Service Agreement, which Nigeria has signed. The issue was disclosed on Tuesday during a stakeholders’ meeting held by the NCAA at […]

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AG exposes N4.6bn unapproved spending in Umahi’s ministry

An audit report has revealed financial irregularities amounting to over N4.64 billion in the Federal Ministry of Works’ Housing Sector, raising concerns about widespread non-compliance with financial regulations and procurement laws. The findings, covering the period from 2020 to 2021, show significant weaknesses in internal controls during Babatunde Fashola’s tenure as Minister of Works and […]

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NIMASA debunks claims of missing vessel funds

The Nigerian Maritime Administration and Safety Agency has clarified that the $350 million in the Cabotage Vessel Financing Fund is secure and held in the Central Bank of Nigeria under the Single Treasury Account. NIMASA responded to a recent media claim suggesting that the funds were missing, calling the publication misleading. In a statement on […]

Microsoft to boost startup speed of office apps
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Microsoft strikes deal on AI training

Microsoft has reportedly struck a deal with HarperCollins, a News Corp subsidiary, to use its nonfiction titles for training its AI models. According to an unnamed source, Microsoft aims to use this data for a yet-to-be-announced model, though it does not plan to use the content for generating books without human authors. Microsoft has declined […]

Google to revises app rules after EU charges over market abuse
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Google faces calls to sell Chrome amid anti-trust crackdown

The US Department of Justice is pushing for Google to sell Chrome as part of an effort to break up its search monopoly. This follows a ruling in August that Google unlawfully monopolised the search market, with Chrome being a key part of that dominance, holding over 65% of the browser market, according to Bloomberg. […]

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