Category: Business

Court orders MTN, Airtel to restore airtime borrowing services

The Federal High Court have issued interim injunctions restoring airtime lending services and blocking the...

Manufacturers lament low export share despite ₦85trn total exports

Manufacturers in Nigeria have lamented the persistently low contribution of manufactured goods to the nation’s...

Americans lose $2.1bn to social media scams in 2025 – Report

Americans lost $2.1 billion to scams linked to social media in 2025, according to a...

PTAD completes final payment of N32,000 pension increment arrears

The Pension Transitional Arrangement Directorate has announced that it has disbursed the final one-month arrears...

Minister pledges collaborative approach to tackle housing deficit

The newly appointed Minister of Housing and Urban Development, Muttaqha Darma, has pledged to embrace...

Petrol, diesel subsidised for Nigerian consumers – Dangote Refinery

A senior management official at the Dangote Group on Monday said the Dangote Petroleum Refinery...

China blocks Meta’s $2bn acquisition of AI startup Manus

China’s chief economic planning body, the National Development and Reform Commission, announced on Monday that...

South Africa withdraws draft AI policy over fake references

South Africa’s Minister of Communications and Digital Technologies, Solly Malatsi, has withdrawn the Draft National...

Obasanjo insists Port Harcourt, Warri, Kaduna refineries won’t work

As the Nigerian National Petroleum Company Limited presses ahead with efforts to secure technical partners...

Lagos court bars Shoprite directors from selling assets over debt

A Federal High Court sitting in Ikoyi, Lagos, has barred Shoprite’s directors from selling any...

Toyota sales drop as Middle East tension disrupts supply chains

Toyota reported a drop in sales in March, driven by weaker demand for its top-selling...

DMO plans N700bn federal bond auction for April 27

The Debt Management Office on behalf of the Federal Government of Nigeria, is set to...