ICYMI: Amazon’s market value hits $3trn on AI boom
Amazon’s market value topped $3 trillion for the first time on Monday, helped by a sharp rally following strong earnings and signs…
Business
Electricity metering hits 59.69% as DisCos add 349,357 customers
Nigeria’s electricity metering rate recorded a gradual improvement in the first four months of 2026, climbing from 57.93 per cent in January…
Prioritise infrastructure execution over bigger budgets – Okonjo-Iweala
Director-General of the World Trade Organisation, Ngozi Okonjo-Iweala, has called on Nigeria to prioritise the effective execution and maintenance of infrastructure over…
FG to halt crude oil exports, bets on local refining for growth
The Federal Government is moving to phase out crude oil exports as Nigeria ramps up domestic refining capacity and positions itself as…
African startups raise $102m in lowest month since 2025 — Report
African startups raised a total of $102 million across 44 funding rounds of $100,000 or more in July 2026, marking the lowest…
Otedola targets 51% controlling stake in First HoldCo
Billionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has indicated that he intends to build a controlling stake of more…
Nigeria can boost global creative edge via indigenous storytelling — Expert
The President of the Film Educators Guild of Nigeria, Professor Osakue Omoera, has said Nigeria’s creative industry can strengthen its global competitiveness…
UK drivers steal nearly £200,000 fuel daily amid Iran war
Drivers have stolen an average of nearly £200,000 worth of fuel from petrol stations across the UK each day since the Iran…
UK state investment agency faces security review after data breach
The United Kingdom’s state investment agency has been urged to strengthen its internal security measures after a data breach exposed sensitive management…
MAN calls for tax harmonisation, reliable energy for manufacturers
The Manufacturers Association of Nigeria has called for urgent tax harmonisation, improved infrastructure, reliable energy supply and a predictable regulatory environment to…
Sterling Financial records 31.5% growth in gross earnings
Sterling Financial Holding Company Limited has recorded a 31.5 per cent growth in gross earnings to N279.6 billion in the half-year ended…
NAICOM completes 12-month insurance recapitalisation exercise
The National Insurance Commission has announced the successful conclusion of Nigeria’s 12-month insurance sector recapitalisation programme, describing the milestone as the start…