Nigeria’s national mapping project progressing – Surveyor General
The Surveyor General of the Federation, Abuduganiyu Adebomehin, stated that the Federal Government’s plan to map Nigeria is progressing as scheduled. He…
Business
PenCom bans substantial cross-shareholding among PFOs
The National Pension Commission has issued new guidelines prohibiting substantial cross-shareholding among licensed Pension Fund Operators. Released on Friday and effective immediately,…
China-Nigeria bilateral trade hits $15.48bn in seven months
Bilateral trade between China and Nigeria reached $15.48 billion between January and July, representing a 34.7 per cent increase compared to the…
FG revokes 1,263 mineral licences, opens sector to new investors
The Federal Government has revoked 1,263 mineral licences, which will be removed from the Electronic Mining Cadastral System portal managed by the…
Trump’s new H-1B visa fees spark chaos for banks, tech firms
United States tech firms and banks scrambled this weekend after President Donald Trump imposed new fees on H-1B visa applications, prompting panic…
PenCom to expand pension coverage in informal sector
The National Pension Commission has unveiled new measures to boost pension inclusion in Nigeria’s informal sector by partnering with super agents and…
Nigeria’s oil output drops as NUPRC cites unscheduled maintenance
The Nigerian Upstream Petroleum Regulatory Commission has attributed the country’s dip in crude oil output to an unscheduled one-day maintenance shutdown at…
Felak Group denies involvement in $7m Providus Bank scandal
Felak Group has denied reports linking its Chief Executive Officer, Dr. Aisha Achimugu, and its subsidiary, Oceangate Engineering Oil & Gas, to…
Rivers lagging in foreign investment, jobs, says Tonye Cole
Tonye Cole, former governorship candidate of the All Progressives Congress in Rivers State, has expressed concern over the state’s economic decline. Speaking…
Shoprite secures fresh investment to drive growth
Retail Supermarkets Nigeria Limited, operator of Shoprite in Nigeria, has secured new investor backing, signaling confidence in its long-term prospects and commitment…
Nigerian equities trading declines by 49.95% in August
Foreign and domestic investors’ equities trading declined by 49.95 per cent to N908.38 billion in August 2025, down from N1.815 trillion in…
Airtel Africa’s AI-powered service flags 205m messages in six months
Airtel Africa’s AI-powered spam detection service, Spam Alert, has successfully identified and flagged over 205 million spam SMS messages in just six…