Business

Tinubu appoints Abel Enitan as head of civil

  • 19th August 2026

Ekiti approves ₦3bn for new high court office

  • 19th August 2026

How FG spent N15.8tn subsidy removal savings

  • 19th August 2026

US tightens green card screening with new public

  • 19th August 2026

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Tinubu appoints Abel Enitan as head of civil service,

Business

FG borrowed ₦11.9tn in 31 months, says Oyedele

Finance

States’ 2026 budgets rise 47.5% to ₦40.14tn

Finance

Gombe approves ₦148.762m monthly subvention for state university

Finance

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Aviation

FG to transform Zaria Hotels to classrooms, hostels for aviation college – Keyamo

The Minister of Aviation and Aerospace Management, Festus Keyamo has said that the Federal Government plans to transform Zaria Hotels in Kaduna State into classrooms and hostels for the Nigerian College of Aviation Technology, Zaria. This was disclosed by Keyamo to the press on Wednesday, adding that the Zaria Hotels were acquired as an annexure […]

Business

Sterling Bank, SMEDAN partner to launch data platform

Sterling Bank and the Small and Medium Enterprises Development Agency of Nigeria have developed Databanc, a website that provides data on Nigerian businesses as well as a single-digit loan scheme worth N5 billion. This disclosure was made in a statement by the bank on Wednesday stating that Databank delivers insights that will be used by […]

Two Chinese charged for shipping US AI chips to China
Tech

Nvidia dethrones Microsoft as world’s most valuable company

Nvidia on Tuesday surpassed Microsoft to become the world’s most valuable business, as its high-end processors play a critical role in the race to dominate artificial intelligence technologies. Shares of the chipmaker rose 3.5 percent to $135.58, bringing its market capitalization to $3.335 trillion (approximately Rs. 2,78,15,901 crore), just days after it surpassed iPhone maker […]

News Uncategorized

Nigeria, UK’s trade dips by 25% in Q1 2024

Nigeria’s total trade with the United Kingdom fell by 25% in the first quarter of 2024 despite the higher value realized from the devaluation of the naira. The total trade between Nigeria and the UK plummeted from N602.36 billion in Q1 2023 to N451.45 billion in Q1 2024, according to the National Bureau of Statistics. […]

Aviation

Unrest at NCAA as acting DG tenure expires

The choice of who will serve as the aviation regulatory agency’s substantive director-general has caused unrest within the Nigeria Civil Aviation Authority’s management and employees as well as in the Ministry of Aviation and Aerospace Development. There has been unrest within the NCAA over the past six months, due to a leadership tussle between Captain […]

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

Nigeria seeks extension on World Bank’s $800m loan deadline

Nigeria has requested an 18-month extension on the closing date of the World Bank’s $800 million palliative loan in a calculated decision to strengthen its social safety net programs in the face of growing inflation and economic challenges. The World Bank’s restructuring paper document on the project states that the Nigerian government has asked to […]

Crypto

Binance: Court strikes out fundamental rights suit against EFCC, NSA

The Federal High Court Abuja on Wednesday dismissed the fundamental rights suit filed by the fleeing Binance Executive, Nadeem Anjarwalla against the Office Of the National Security Adviser and the Economic and Financial Crimes Commission. Following the absence of Anjarwalla’s legal team during the proceedings, Justice Inyang Ekwo rendered the verdict, according to Nairametrics. Recall […]

News

Illicit trade, a barrier to economic growth – WTO

The World Trade Organisation has said that illicit trade damages societies and hinders economic growth and development. This was revealed in a publication on fighting illicit trade in medical products by WTO on Monday. The organization stated that it not erode only legitimate companies but also encourages corruption and denies governments vital tax revenue for […]

featured

Modular refiners, Afreximbank in discussion over $18bn loan

Investors in modular refineries have begun discussions with the African Export-Import Bank to gain access to a portion of the bank’s $18 billion fund for refinery expansion in Nigeria and other African countries, according to reports on Tuesday. Operators in the modular refining industry revealed that this came after the bank successfully provided financial help […]

News

NBTE endorse national standards for gas-powered vehicles

The National Board for Technical Education has approved the National Occupational Standards for the conversion, calibration, and maintenance of autogas-powered vehicles and the operation and maintenance of electric vehicles. This was disclosed in a statement signed by the Director General of the National Automotive Design and Development Council, Mr Oluwemimo Osanipin, according to The Punch. […]

News

Reps: NNPC, Agip, NUPRC, others summoned over alleged $72m diversion

The House of Representatives Committee on Public Petitions has summoned the Nigeria AGIP Oil Company’s managing director and top management staff in response to a petition alleging $72 million in diverted funds. This follows a petition by De Coon Service Limited against AGIP, according to The Punch Also joined in the petition are the Group […]

News

FG owed N3tn by revenue-generating agencies – FAAC

The federal government could face a potential loss of N2.97 trillion and $36.33 million if revenue-generating agencies in the country do not reconcile unremitted revenues received. The amount owed by an undisclosed number of agencies as of April 2024 was revealed at the Federal Account Allocation Committee on Monday, according to The Punch. The Vice […]

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