FG bans cash payments to MDAs, orders digitalisation
The Federal Government has unveiled a new digitisation initiative that will overhaul treasury operations, eliminate paper-based workflows, and enforce full transparency across…
Business
External reserves surpass $45bn as Nigeria records major FX boost
Nigeria’s external reserves have surpassed $45 billion, according to new figures from the Central Bank of Nigeria. With reserves now at $45.04…
Trump flags antitrust concerns over Netflix’s Warner Bros deal
President Donald Trump has raised concerns that Netflix’s proposed acquisition of Warner Bros. Discovery could face intense antitrust review, casting new uncertainty…
NITDA issues urgent cybersecurity alert over ChatGPT vulnerabilities
The National Information Technology Development Agency has issued an urgent cybersecurity alert, cautioning Nigerians about newly discovered vulnerabilities in ChatGPT that may…
Dangote halts salaries of ‘sacked’ engineers, deepens PENGASSAN rift
The Dangote Petroleum Refinery has suspended monthly salary payments to engineers it dismissed in September amid its dispute with the Petroleum and…
Lagos cracks down on unapproved estate developments
The Lagos State Government has issued a final warning to estate developers operating without approved layout plans. Commissioner for Physical Planning and…
FCMB profit before tax surges 46% to N134bn
FCMB has reported a profit before tax of N134.497 billion for the nine months ended 30 September 2025, representing a 46.2 per…
Ellah Lakes extends public offer deadline after investor interest’s surge
Ellah Lakes Plc has announced the extension of its public offer for 18.8 billion shares at N12.50 each, following a surge in…
EU could impose tariffs on China over trade surplus – Macron
French President Emmanuel Macron says he has warned China that the European Union could impose tariffs if Beijing does not act to…
Ethiopia to sign historic deal for Africa’s $29tr gas-by-rail project
Ethiopia is set to make history on Monday, December 8, 2025, when it signs a Host Country Collaborative Agreement with Insight Dynamic…
NEPZA requests 10-year tax relief for free-zone operators
The Nigeria Export Processing Zones Authority has urged the Federal Government to grant a 10-year tax relief to all operators within the…
Abuja is now Nigeria’s growing hub for creatives, says minister
The Minister of State for the Federal Capital Territory, Dr. Mariya Mahmoud, has affirmed that the nation’s capital, Abuja, is not just…