Business

Tony Elumelu named Seplat chairman in major leadership

  • 9th June 2026

OpenAI files for IPO as AI firms race

  • 9th June 2026

Nigeria’s transmission grid not limiting electricity supply –

  • 9th June 2026

US judge blocks Trump’s $100,000 H-1B visa fee

  • 8th June 2026

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Nigeria’s economy stronger but poverty worsened, IMF warns

Economy

Africa loses billions to corruption, recovers little, Kenyan envoy

Economy

Tony Elumelu named Seplat chairman in major leadership shakeup

Business

Tinubu approves ₦10bn to tackle Ebola threat in Nigeria

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Blog

featured Scams

‘Blessing CEO’s breast cancer report is fake’, Delta NMA demands probe

The Nigerian Medical Association, Delta State Branch, has issued a strong clarification debunking a histology report currently circulating online that is being falsely presented as belonging to social media personality Blessing Okoro, also known as Blessing CEO. In an official statement dated April 1, 2026, the association revealed that the document, which purports to have […]

featured Opinion

AI will end traditional five-day work week – Zoom CEO

The Chief Executive Officer of Zoom, Eric Yuan, has projected that the traditional five-day workweek could soon become obsolete, as advances in artificial intelligence continue to reshape the global workplace. Speaking in a recent interview with Wall Street Journal, Yuan suggested that within the next five years, rapid developments in AI technology could significantly reduce […]

Business

Dangote Refinery steps up petrol, urea exports amid supply disruptions

Africa’s largest refinery, owned by billionaire industrialist Aliko Dangote, has increased exports of gasoline and urea to African countries facing supply disruptions linked to the ongoing Iran war. Dangote made this known on Monday during a tour of the Dangote Petroleum Refinery in Lagos, noting that the facility is now running at its full installed […]

Court dismisses MAN’s lawsuit against electricity tariff hike
Electricity

GenCos urges NERC to review tariffs after gas price hike

Electricity generation companies have urged the Nigerian Electricity Regulatory Commission to promptly review electricity tariffs in response to the Federal Government’s recent hike in the domestic base price of gas. They warned that any delay could exacerbate liquidity pressures and create further distortions in the power sector, according to The PUNCH. The Chief Executive Officer […]

Air Peace denies alleged safety protocol violations in UK
Aviation featured

Technical glitch disrupts Air Peace Abuja flight operations

Operations at the domestic wing of the Nnamdi Azikiwe International Airport in Abuja were disrupted on Monday after a technical fault hit the baggage screening Technical Glitch Disrupts system, leading to delays for passengers, particularly those travelling with Air Peace. In a statement, the airline’s management said the malfunction significantly slowed baggage screening and loading, […]

Food

Nigerian onion traders suspend exports to Ghana over harassment

The multi-million dollar onion trade between Nigeria and Ghana has been thrown into uncertainty after Nigerian onion traders announced the immediate suspension of onion exports to Ghana. The traders cited persistent harassment, intimidation and the seizure of trucks by local trader groups in Accra. The development, which threatens a major segment of agricultural trade within […]

featured Scams

BVN uncovered 45,000 ghost workers in FG payroll — Kemi Adeosun

Former Minister of Finance, Kemi Adeosun, has detailed how the Federal Government leveraged technology to eliminate massive payroll fraud. The integration of the Bank Verification Number led to the discovery of 45,000 ‘ghost workers.’ The PUNCH reported that speaking at the Citadel School of Government Dialogue series in Lagos, Adeosun explained that before the intervention, […]

News

Trump yet to sign 45-day Iran ceasefire deal — White House

The White House on Monday confirmed there was a deal under consideration for a 45-day ceasefire with Iran, but that President Donald Trump had “not signed off” on the proposal and is continuing the war. AFP reported that United States media have reported that a proposal by mediators for a 45-day ceasefire in the Middle […]

Business

Oil prices slip as traders await clarity on US–Iran talks

Oil prices declined in volatile trading on Monday as investors looked for clearer signals from ongoing United States Iran discussions and weighed concerns over prolonged supply disruptions linked to shipping issues. Brent crude futures slipped 64 cents, or 0.6 per cent, to $108.39 a barrel as of 1109 GMT. Meanwhile, U.S. West Texas Intermediate crude […]

Business

Presidential council orders MDAs to suspend new policies

The Presidential Enabling Business Environment Council has instructed Ministries, Departments, and Agencies to halt the rollout of new policies and regulatory changes, aiming to shield businesses from potential disruptions. The directive was announced on Monday in Abuja by PEBEC Director-General, Princess Zahrah Mustapha-Audu. According to the Council, the measure aligns with the Federal Government’s wider […]

Business

Suppliers bypass wholesalers as consumer spending drops

Plummeting consumer spending has lingered for a long time now, and is telling on suppliers in the business chain. For years, the flow of goods followed a sacred, unspoken rhythm: manufacturers made, suppliers transported, wholesalers warehoused, and retailers sold. But, as consumer spending plummets, that rhythm didn’t just skip a beat, it stopped entirely. A […]

BVN enrollment hits 63.4m amid regulatory push
Business

BVN database hits 68.6m in March 2026

Nigeria’s Bank Verification Number database reached 68.6 million in March 2026, reflecting continued efforts by Nigerians to link their bank accounts. Data from the Nigeria Inter-Bank Settlement System shows, however, that the pace of new registrations has slowed compared with previous years, following the introduction of new rules by the Central Bank of Nigeria last […]

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