Cyberattack disrupts Nigeria Customs ICT, halts cargo clearance nationwide
A cyberattack on the Nigeria Customs Service’s Information and Communication Technology platform has severely disrupted cargo clearance at ports nationwide. Licensed customs…
Business
AI to generate 230m digital jobs across Africa by 2030 – Mastercard
Mastercard has published a new whitepaper, Harnessing the Transformative Power of AI in Africa, projecting that digital jobs across the continent could…
Dangote refinery slashes petrol ex-depot price to N820/litre
Dangote Refinery has cut the ex-depot price of petrol from N850 to N820 per litre, effective 12 August 2025. The company’s Group…
Trump softens stance on Intel CEO after White House meeting
A week after demanding his resignation, United States President, Donald Trump, seems to have eased his stance for now, following an “interesting”…
FG earns N5.21tn from crude oil in H1
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, earned N5.21 trillion from crude oil, gas sales, and other related activities…
FMDQ grants CEO Bola Onadele shares worth N9.9bn
FMDQ Group Plc has awarded Share Appreciation Rights to its senior leadership, according to its 2024 annual report disclosed to investors and…
Yuan drops to 7.1405 against US dollar
China’s central parity rate for the renminbi declined by 23 pips to 7.1405 per U.S. dollar on Monday, the China Foreign Exchange…
Dangote refinery to receive 60 CNG trucks in six weeks
A total of 60 additional Compressed Natural Gas trucks are scheduled for delivery to the Dangote Petroleum Refinery & Petrochemicals within the…
Debt servicing puts states’ fiscal stability at risk – NEITI
The Nigeria Extractive Industries Transparency Initiative has sounded a policy-backed warning over what it calls a “silent fiscal emergency” eroding the economic…
Nigerian crude prices drop, closes at $68.85 per barrel
Nigerian crude prices closed largely flat as investors weighed the chances of a potential US–Russia deal to end the Ukraine conflict winning…
NCC, IHS seek resolution to fuel supply crisis
Nigeria’s telecom regulator and IHS Towers are working to resolve a diesel supply blockade by oil sector unions that could disrupt mobile…
Nigeria’s 9mobile Telecom rebrands to T2
One of Nigeria’s leading telecommunications companies, 9mobile, has rebranded as T2 in a major corporate identity overhaul. The new brand was unveiled…