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CPPE warns reversing economic reforms could harm Nigeria’s

  • 23rd August 2026

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

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FAAN ejects firm accused of illegal vehicle clamping

Aviation

CPPE warns reversing economic reforms could harm Nigeria’s economy

Business

OpenAI warns of persistent AI-powered cyberattacks

Tech

Tinubu extends tenure of NTA, NAN DGs

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FG deducts N256.5bn for gas projects in six months
News

Tinubu appoints new executive directors to BOI

President Bola Tinubu has appointed Rotimi Akinde and Ifeoma Uz’Okpala as Executive Directors of the Bank of Industry. This was disclosed in a statement released on Wednesday by the Head of Public Relations Division of BOI, According to TheCables. BOI said Olayinka Akinde has been appointed as the Executive Director of Corporate Finance and Risk […]

News

FG orders firm to pay $72,777 liability over damaged bean export

The Nigerian Shippers’ Council has directed Inland Container Nigeria Limited to bear 70% of a $72,777 liability following a dispute over a damaged shipment of black-eye beans. The council issued this directive as part of its resolution on a complaint filed by USBAB MultiChoice Limited, which exported two containers of black-eye beans from the Kaduna […]

News

Oil production declined by 160,000bpd in Q2 2024 – NBS

Nigeria’s daily oil production decreased by 160,000 barrels per day in the second quarter of 2024. This was disclosed in the recent National Bureau of Statistics report. The report revealed that during this period, the country averaged a daily production of 1.41 million barrels per day (mbpd), down from 1.57 mbpd in the first quarter. […]

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FG to engage external auditors for NNPC subsidy claim verification 

The Federal Government has initiated the process of hiring an external auditor to verify the N2.7 trillion fuel subsidy claim made by the Nigerian National Petroleum Company Limited. This move, aimed at determining the actual amount owed by the government, follows a proposal made five months ago during the April 2024 Federation Allocation Accounts Committee […]

AMCON’s new DG will improve debt recovery, says commentator
News

Deep-pocketed investors to buy Ibadan DisCo – AMCON

The Assets Management Corporation of Nigeria has called for the sale of the Ibadan Electricity Distribution Company to viable investors as the only solution to improve its efficiency. This was disclosed by the Managing Director/CEO of AMCON, Gbenga Alade during an interactive session with media executives in Lagos on Monday, according to The Punch. Alade, […]

News

FG, states secure N100bn for electricity meter procurement 

The Federal Government, in collaboration with state governments, has raised N100 billion to procure prepaid electricity meters under the Presidential Meter Initiative. This was disclosed by the Minister of Power, Adebayo Adelabu while addressing broadcasters in Ibadan, the Oyo State, according to The Punch. Adelabu emphasized that the initiative is part of the broader efforts […]

Telegram CEO unveils plans to enhance content moderation
Tech

S’Korea cracks down on digital sex crimes amid Telegram controversy

South Korean President Yoon Suk Yeol on Tuesday called for a thorough investigation into digital sex crimes following reports that sexually explicit deepfake images and videos of South Korean women have been circulating in Telegram chatrooms. The heightened scrutiny comes on the heels of Pavel Durov, the Russian-born founder of Telegram, being arrested over the […]

Tech giant Meta has unveiled ambitious plans to construct some of the largest artificial intelligence data centres on the planet,
Tech

Zuckerberg says Biden pressured Meta to censor COVID-19 content

CEO of Meta, Mark Zuckerberg, has revealed that the Biden administration pressured his company to “censor” content related to COVID-19 during the pandemic. In a letter dated August 26 to the U.S. House of Representatives Judiciary Committee, Zuckerberg expressed regret for not addressing this pressure sooner and for other content moderation decisions made across Meta’s […]

News

FG spent three times its revenue in 2023 – BudgIT

A recent report by accountability firm BudgIT has revealed that the Federal Government’s expenditure in 2023 was three times its revenue, resulting in a staggering deficit of N13.51 trillion. Analysing the 2023 fiscal accounts from the Office of the Accountant-General of the Federation, BudgIT disclosed that the government generated N5.99 trillion in revenue but spent […]

150,000 Nigerians got FG's N50k grant - Minister
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FG appoints 23 managers for $10bn Nigeria Global Investment Fund 

The Federal Government of Nigeria has appointed 23 fund managers to oversee the $10 billion Nigeria Global Investment Fund, a key initiative designed to channel both international and local capital into critical sectors of the economy. In the presentation documents, the NGIF will target investments in agriculture, manufacturing, energy, infrastructure, and fintech, according to Nairametrics. […]

News

SAP, business leaders hold AI innovation talk

Business leaders, technology partners, and SAP experts recently convened for the SAP Innovation Day Kenya, underscoring the pivotal role of Artificial Intelligence in spurring economic development across East Africa. The gathering centered on leveraging AI and cloud enterprise resource planning solutions to boost efficiency, resilience, and growth in regional businesses. The Regional Sales Director for […]

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