Nigeria’s FX reserves hit $41bn, highest in 44 months
Nigeria’s foreign exchange reserves climbed to $41.00 billion on August 19, 2025, reaching a 44-month high. Data released on the Central Bank…
Business
NCC, NGF partner to boost broadband penetration, protect digital infrastructure
The Nigerian Communications Commission has entered into a strategic partnership to harmonise Right of Way policies, boost broadband expansion, and promote inclusive…
TICAD9: Nigeria prioritising engagements over exhibition, Onanuga reacts to empty booth
The Federal Government has clarified that its focus at the ongoing ninth Tokyo International Conference on African Development in Yokohama, Japan, is…
Lekki port to generate $200bn in 45 years – Oyetola
Minister of Blue and Marine Economy, Adegboyega Oyetola, says the Lekki Port is projected to generate $200 billion in government revenue over…
Ex-NNPC spokesperson Femi Soneye urges tax reliefs for media
Former NNPC chief corporate communications officer, Femi Soneye, has urged the federal government to grant tax reliefs and waive import duties on…
470km Abuja-Lagos greenfield highway clears initial study phase
AEC Unity Network Limited has announced the completion of the preliminary design and feasibility studies for its 470-kilometre Abuja-Lagos greenfield superhighway project.…
Nigerian startups secure $4.8m in July funding deals
Nigerian startups raised more than $4.8 million across 10 deals in July 2025, with the biggest funding rounds led by digital credit…
Tinubu hails NNPC, Sahara Group for driving Africa’s clean energy growth
President Bola Tinubu has praised the Nigerian National Petroleum Company Limited and Sahara Group for their commitment to strengthening Africa’s role in…
Karl Toriola to oversee francophone Africa in MTN leadership shakeup
MTN Nigeria CEO, Karl Toriola, will take on an expanded role within the MTN Group following a major executive reshuffle designed to…
Swatch pulls controversial ad after racism accusations in China
Swatch has apologised and withdrawn an advert showing a model pulling the corners of his eyes, after the image sparked accusations of…
Trump’s trade adviser urges India to stop buying Russian oil
President Trump’s trade adviser, Peter Navarro, said India must halt its purchases of Russian crude, warning that the revenues were helping to…
MTN unveils major leadership shake-up after profit return
MTN South Africa has announced a sweeping leadership reshuffle as it gears up for its next phase of growth, fresh off a…