Category: Business

US strikes supertanker near Iran oil terminal

The United States military has struck a supertanker in the Persian Gulf near Iran’s main...

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...

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...

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...

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...