US strikes supertanker near Iran oil terminal
The United States military has struck a supertanker in the Persian Gulf near Iran’s main oil export terminal, marking its first attack…
Business
Senate gives NNPC auditors one week to explain ₦210tn in accounts
The Senate Public Accounts Committee on Wednesday directed the external auditors of the Nigerian National Petroleum Company Limited to submit, within one…
Bank of England urges global alliance to tackle AI threats
Bank of England Governor Andrew Bailey has called for greater international cooperation to address the growing risks posed by artificial intelligence, warning…
Nigeria’s inflation drops to 15.91% in June
Nigeria’s headline inflation rate eased marginally to 15.91 per cent in June 2026, down from 15.93 per cent in May. This is…
Reps probe CBN, NNPC over alleged unpaid revenues to FG
The House of Representatives Public Accounts Committee on Tuesday intensified its investigation into revenue remittances by federal agencies, directing the Office of…
Petroleum marketers reject Dangote’s dollar pricing, warn of forex pressure
Independent petroleum marketers have criticised the Dangote Petroleum Refinery’s decision to price petroleum products in United States dollars, warning that the policy…
FG reviews Chinese firm’s proposal to build 10,000 homes
The Federal Government has begun reviewing a proposal by China Hyway Group Limited to deliver 10,000 housing units across Nigeria within 30…
CBN repays N2.97tn in maturing OMO bills
The Central Bank of Nigeria repaid N2.97 trillion in maturing Open Market Operations bills on Tuesday, a day after it conducted a…
Warren Buffett drops Gates Foundation from annual donations
Warren Buffett, a founding trustee of the Gates Foundation, also co-founded The Giving Pledge alongside Bill Gates and his then-wife, Melinda French…
Nigeria granted N34tn in import duty exemptions in 2025
The Nigeria Customs Service has disclosed that approvals under the Import Duty Exemption Certificate scheme reached N34 trillion in 2025, with nearly…
World Cup semifinals spark economic boom across US host cities
As the FIFA World Cup enters its final days, the tournament’s biggest economic impact is only now beginning to materialise. For U.S.…
FG to raise N1.2tn via reopening of three bonds
The Debt Management Office, acting on behalf of the Federal Government, has announced plans to raise up to N1.2 trillion through the…