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Embrace skills, entrepreneurship, over white-collar jobs, Kwara urges

  • 23rd August 2026

FG’s IT infrastructure investment hits N3.8tn

  • 23rd August 2026

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  • 22nd August 2026

US tariffs on Canada take effect as deal

  • 22nd August 2026

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UAE grants Nigeria full access to airports – Keyamo

Nigeria’s Minister of Aviation, Festus Keyamo, has announced a new Bilateral Air Service Agreement with the United Arab Emirates, granting Nigerian airlines full access to all UAE airports In return, UAE airlines, including Emirates, will have unrestricted access to Nigerian airports. Keyamo made this announcement during a press briefing marking Emirates Airlines’ return to Nigeria, […]

Tech giant Meta has unveiled ambitious plans to construct some of the largest artificial intelligence data centres on the planet,
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Mark Zuckerberg overtakes Jeff Bezos to become world’s second-richest man

Mark Zuckerberg has recently surpassed Jeff Bezos to become the second-richest person in the world, according to the Bloomberg Billionaires Index 2024. Zuckerberg’s net worth is now approximately $206.2 billion, while Bezos sits at around $205.1 billion. However, he still trails Tesla CEO Elon Musk by around $50 billion. This shift reflects the ongoing changes […]

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Italy eyes windfall tax mirroring Nigeria’s approach to banking sector

The Italian government, under Prime Minister Giorgia Meloni, is planning to implement new windfall taxes on companies with extraordinary profits to tackle the country’s increasing budget deficit, according to Finance Times. This decision reflects Nigeria’s windfall tax on banks, announced in early 2024 after a significant rise in profits in the financial sector during 2023 […]

News Oil and Gas

African oil-producing nations secure 45% funding for $5bn Energy bank

African oil-producing nations are set to launch a $5 billion energy bank in Abuja next year, having already secured 45% of the necessary startup capital. The initiative aims to fill the funding gap created by traditional investors who are increasingly shifting their focus from crude oil to low-carbon energy solutions. This was disclosed by the […]

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NCSI unveils survey platform to rate service quality

The Nigeria Customer Service Index has launched a survey platform for Nigerians to provide feedback on the quality of services and customer experiences from various service providers across the country. In a release on Thursday, NCSI announced that the platform is an initiative of the West Africa Association of Customer Service Professionals, Africa’s leading customer […]

Oil and Gas

Crude-for-loans: NNPCL allocates 8m barrels monthly for $8.8bn debt 

The Nigerian National Petroleum Company Limited has committed to delivering 272,500 barrels of crude oil per day through various crude-for-loan agreements worth $8.86 billion. This translates to approximately 8.17 million barrels per month allocated for these loan deals, as indicated by an analysis of reports from the Nigeria Extractive Industries Transparency Initiative and NNPC’s financial […]

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CILRM promotes AI use for enhanced risk mgt

The Chartered Institute of Loan and Risk Management of Nigeria has encouraged professionals from various sectors to harness artificial intelligence for risk management. During its recent Executive Masterclass and Induction ceremony in Lagos, the CILRM highlighted how AI could transform risk management practices and provide advantages in sectors such as finance, healthcare, politics, and governance, […]

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Access ARM pension launches operations with N3trn in AUM

Access ARM Pensions Limited has officially commenced operations with N3 trillion in Assets Under Management. In a statement on Thursday, the newly formed entity—resulting from the merger of Access Pensions Limited and ARM Pension Managers Limited—aims to improve pension coverage across Nigeria, especially in the informal sector, according to The Punch. The National Pension Commission […]

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FG to comply with OPEC production quota – Minister

The Minister of State for Petroleum Resources, Mr. Heineken Lokpobiri, has stated that Nigeria will adhere to the production quota established by the Organisation of Petroleum Exporting Countries. Recall that on June 2, 2023, during a ministerial meeting with the federal government, OPEC raised Nigeria’s production target to 1.5 million barrels of crude per day […]

Dangote Refinery loses N32.5bn after petrol price cut
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Dangote refinery yet to receive crude in naira from NNPC – Report 

There are indications that the Nigerian National Petroleum Company Limited has not yet commenced the supply of crude oil in naira to the Dangote Petroleum Refinery, which was scheduled to start on October 1. Officials from the Dangote refinery, the Nigerian Upstream Petroleum Regulatory Commission, the Federal Ministry of Finance, and NNPC have not provided […]

Gemini Live AI expands support to 40 languages
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Gemini Live AI expands support to 40 languages

Google’s AI chatbot, Gemini Live, is set to enhance its capabilities by adding support for over 40 languages in the coming weeks. This generative AI virtual assistant allows users to engage in “free-flowing, natural conversations,” making it suitable for a variety of tasks, such as brainstorming event ideas, exploring new topics, and practicing for job […]

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