Iran vows strikes on AI, data centres amid rising tensions with US
Iran has threatened additional attacks on data centers across the Middle East in response to continued U.S. threats and air strikes. According…
Business
Dangote Refinery steps up petrol, urea exports amid supply disruptions
Africa’s largest refinery, owned by billionaire industrialist Aliko Dangote, has increased exports of gasoline and urea to African countries facing supply disruptions…
Oil prices slip as traders await clarity on US–Iran talks
Oil prices declined in volatile trading on Monday as investors looked for clearer signals from ongoing United States Iran discussions and weighed…
Presidential council orders MDAs to suspend new policies
The Presidential Enabling Business Environment Council has instructed Ministries, Departments, and Agencies to halt the rollout of new policies and regulatory changes,…
Suppliers bypass wholesalers as consumer spending drops
Plummeting consumer spending has lingered for a long time now, and is telling on suppliers in the business chain. For years, the…
BVN database hits 68.6m in March 2026
Nigeria’s Bank Verification Number database reached 68.6 million in March 2026, reflecting continued efforts by Nigerians to link their bank accounts. Data…
NDPC begins inquiry into reported cyber breach affecting Remita, Sterling Bank
The Nigeria Data Protection Commission has launched an investigation into an alleged data breach involving Remita Payment Services Ltd., Sterling Bank, and…
Custodian investment paid ₦419m penalties in 2025
Custodian Investment Plc paid a total of N419.13 million in penalties to the Central Bank of Nigeria and other regulators for contraventions…
Fidson Healthcare’s revenue surged 41% to ₦119bn in 2025
Fidson Healthcare Plc has recorded a remarkable 41 per cent surge in revenue to N119.06 billion in 2025, driven largely by a…
Rewane calls for direct-to-consumer fuel subsidy system
Renowned economist and Managing Director of Financial Derivatives Company, Bismarck Rewane, has called for a restructuring of Nigeria’s fuel subsidy system, proposing…
NRS takes over mineral royalty collection nationwide
The Nigeria Revenue Service has assumed responsibility for collecting mineral royalties from mining operators nationwide following the implementation of the Nigeria Tax…
Tinubu appoints Shu’aibu Aliyu as PTDF executive secretary
President Bola Ahmed Tinubu has approved the appointment of Professor Shu’aibu Shehu Aliyu as the new Executive Secretary of the Petroleum Technology…