Category: Business

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...

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...

CBN repays N2.97tn in maturing OMO bills

The Central Bank of Nigeria repaid N2.97 trillion in maturing Open Market Operations bills on...

Warren Buffett drops Gates Foundation from annual donations

Warren Buffett, a founding trustee of the Gates Foundation, also co-founded The Giving Pledge alongside...

Nigeria granted N34tn in import duty exemptions in 2025

The Nigeria Customs Service has disclosed that approvals under the Import Duty Exemption Certificate scheme...

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...

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...

PFIPC: I borrowed N400m to secure appointment, says ‘fake’ agency DG

The alleged Director-General of the Presidential Foreign Intervention Promotion Council, Adeniyi Adeyemi, has claimed he...

UN agency rejects transit fees in Strait of Hormuz

The International Maritime Organization, a United Nations agency, said on Monday it opposes the imposition...

Trump reimposes Iranian port blockade as Hormuz tensions intensify

President Donald Trump said in a Truth Social post that the United States would reimpose...

Australia flags big tech’s weak response to online child exploitation

Australia’s online safety regulator has identified major shortcomings in the way leading technology companies respond...

Oil prices jump as US-Iran strikes fuel Strait of Hormuz fears

Oil prices climbed on Sunday night after renewed military exchanges between the United States and...