TotalEnergies to sell 10% stake in SPDC onshore assets
TotalEnergies has reached an agreement to sell its 10 per cent non-operated interest in Nigeria’s onshore oil project, formerly Shell Petroleum Development…
Business
Lagos plans affordable electric boats for commuters
The Lagos State Government plans to add electric-powered boats to the Lagos Ferry Services fleet this year, aiming to lower fares for…
NCC engages PwC to review competition in telecoms sector
The Nigerian Communications Commission has appointed PricewaterhouseCoopers to conduct an extensive assessment of competition in Nigeria’s telecommunications sector amid rising concerns about…
Nigeria, UAE eliminate tariffs on over 13,000 products
The Federal Government has announced the elimination of tariffs on 6,243 products imported into Nigeria from the United Arab Emirates, while the…
Africa’s startup funding rebounds after two-year slump
Africa’s startup ecosystem recorded a significant recovery in 2025, bringing an end to a two-year downturn in funding as venture capital inflows…
NIMC, nine other MDAs to spend N24bn on software in 2026
The National Identity Management Commission and nine other federal ministries, departments, and agencies are expected to spend around N24 billion on software…
FG unveils Lagos gold refinery, prepares $600m lithium plant
The Federal Government has begun operations at a high-purity gold refining plant in Lagos, while three other gold refineries are at various…
Alake urges deeper Nigeria-Saudi mining ties
The Ministers of Solid Minerals Development, Dele Alake, has called for stronger collaboration with Saudi Arabia to enhance Nigeria’s mining capacity and…
Varsities, others to get N6.452bn from TETFund
The Tertiary Education Trust Fund has announced plans to disburse ₦6.452 billion to beneficiary tertiary institutions under its 2026 intervention cycle. The…
Nigeria considers law bill to regulate AI
Nigeria is poised to enact legislation that would make it one of the first African countries to formally regulate artificial intelligence, strengthening…
Why Nigeria’s biggest firms now spend heavily – Report
Nigeria’s largest listed companies are committing substantial capital to property, plant and equipment as they seek to shield operations from inflationary pressures,…
Tinubu approves Nigeria’s carbon market framework to boost green investment
President Bola Ahmed Tinubu has given formal approval to Nigeria’s Carbon Market Framework, a development expected to strengthen the country’s role in…