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

Business

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Business

UK cargo ship hit by projectile in Strait of Hormuz

A cargo ship in the Strait of Hormuz was hit by an unidentified projectile, sparking a fire onboard, the United Kingdom Maritime Trade Operations reported Wednesday morning. morning. The incident forced the ship’s crew, whose vessel has not been named, to evacuate. UKMTO warned other vessels to navigate cautiously and report any suspicious activity as […]

Opinion

Fitch warns Iran conflict threatens emerging market economies

Global credit rating agency, Fitch, warned on Tuesday that merging market economies could face heightened economic and financial pressures as a result of the ongoing conflict involving Iran. Fitch issued the warning in its report titled “Iran conflict raises new credit risks for emerging market sovereigns”. The report highlighted that sustained disruptions to energy supplies […]

Air cargo demand rises by 18.4% January - IATA
Aviation

FG suspends $300 helicopter landing fees for oil firms

The Federal Government has ordered a temporary suspension of the enforcement and collection of $300 helicopter landing fees imposed on oil and gas operators. The decision followed concerns raised by stakeholders in the petroleum industry. The Minister of Aviation and Aerospace Development, Festus Keyamo, gave the directive at a meeting. The meeting took place with […]

Business featured

NSDC, BOI launch ₦10bn fund for sugar projects

The National Sugar Development Council and the Bank of Industry have established a N10 billion Sugar Project Acceleration Fund to support the development of greenfield sugar projects across Nigeria. The fund aims to provide financing and project development support to viable greenfield initiatives. Its primary goal is to accelerate the growth of a sustainable and […]

Oil and Gas

Tinubu directs rollout of 100,000 CNG kits amid rising fuel costs

President Bola Ahmed Tinubu has ordered the swift nationwide distribution of approximately 100,000 compressed natural gas conversion kits to help Nigerians cope with rising petrol prices amid escalating tensions in the Middle East. This was disclosed in a statement by the Executive Chairman of the Presidential Initiative on Compressed Natural Gas, Ismaeel Ahmed, on Tuesday […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira stays resilient against dollar at ₦1,397

The Naira held firm against the United States Dollar in early trading on Wednesday, March 11, 2026, demonstrating resilience amid corporate demand pressures. Real-time data from the Nigerian Foreign Exchange Market (NFEM) and informal channels showed the local currency managing heightened demand effectively, bolstered by Nigeria’s strong foreign reserve position. In the official NFEM window, […]

Aviation

FAAN introduces cash, card payment system at airports

The Federal Airports Authority of Nigeria will launch a hybrid payment system for airport access gates nationwide on March 13, allowing both cash and electronic payments. The special adviser on media and communications to the minister, Tunde Moshood, said the move comes after the earlier cashless-only system was suspended due to traffic congestion at several […]

Uncategorized

SEC unveils platform to boost investor protection, FinTech growth

The Securities and Exchange Commission has officially launched its inaugural Regulator/FinTech Clinic, signaling a proactive move to strengthen engagement with Nigeria’s rapidly growing financial technology sector. Held on Tuesday, the clinic aims to align innovation with regulatory compliance while ensuring investor protection. At the clinic’s opening, SEC Director-General Emomotimi Agama underscored the need for close […]

NIN: Nigerians to provide birth certificate for DOB change
Conferences

NIMC opens NIN registration for Nigerians abroad

The National Identity Management Commission announced that Nigerians residing abroad can now obtain their National Identification Number at accredited enrolment centres overseas, removing the need to return home for registration. According to a statement on Tuesday, the overseas enrolment programme, launched in 2019, enables eligible applicants to complete biometric registration through a network of licensed […]

Business

Nigeria’s Q4 trade surplus slumps to N1.71tn amid falling oil exports

Nigeria’s merchandise trade surplus dropped sharply to N1.71 trillion in the fourth quarter of 2025, down from N3.42 trillion in the same period of 2024, as falling crude oil exports and rising imports narrowed the country’s positive trade balance. Data released by the National Bureau of Statistics on Monday indicated that, while Nigeria still recorded […]

Business

FCCPC crucial for protecting Nigeria’s business environment – Kekere-Ekun

The Chief Justice of Nigeria, Justice Kehinde Kekere-Ekun, has described the Federal Competition and Consumer Protection Commission as a vital institution for safeguarding Nigeria’s business environment and upholding market integrity. This was disclosed by Justice Kekere-Ekun while speaking on Tuesday at the opening of a three-day Competition and Consumer Protection Law Conference at the National […]

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