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Oil prices hit $105 as US-Iran ceasefire talks

  • 24th April 2026

NUPRC heads to appeal court over Dawes Island

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Nigeria among top 10 countries hit by food insecurity

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FG approves increased allowances, exit benefits for civil servants

Finance
FG revokes housing allocations for 1,357 beneficiaries

FG approves ₦10bn housing loan scheme for civil servants

Housing

FG borrowed ₦2.69tn from bond market in Q1 2026

Finance

Tag: Economy

X removes support for NFT profile images
News Tech

X removes support for NFT profile images

Microblogging platform X, formerly known as Twitter has quietly removed the feature that allowed users to select NFT as their profile image. This follows after Elon Musk’s X revealed a broad plan for the business in 2024 that included further AI-powered capabilities. Amidst all of this, the functionality was first introduced in January 2022 under […]

Elon Musk blames 'Supervillain-Level' cyberattack for X outage
Business

Elon Musk’s X to launch peer-to-peer payments in 2024

Social media company, X, has plans to launch a peer-to-peer payment system on the platform this year as part of Elon Musk’s efforts to make it into an ‘everything’ app. Musk has been outlining plans to alter the platform once known as Twitter since acquiring the company more than a year ago, including payments, creator tools, […]

FG approves Air Peace for direct Nigeria-Brazil flights
Aviation

Air Peace expands, begins Abidjan, Cotonou flights

One of Nigeria’s leading airlines, Air Peace, is set to start direct connectivity from its Lagos hub to Cotonou in Benin Republic and Abidjan in Ivory Coast on January 22, 2024. This will increasing the total number of regional destinations to ten in less than a decade of regular aircraft operations. This information was revealed in a news […]

Amazon's Twitch to lay off 500 employees
Business

Amazon’s Twitch to lay off 500 employees

Amazon.com Inc.’s live streaming network, Twitch, is apparently planning a large personnel reduction, with around 35% of its workers, or approximately 500 employees, estimated to be affected. The announcement of these losses came today, Wednesday, kicking off a sequence of job cuts within the company. According to sources, this decision followed concerns over Twitch’s financial losses and […]

Seedstars Africa raises $30m to fund African startups
News Tech

Seedstars Africa raises $30m to fund African startups

The European Investment Bank’s subsidiary, EIB Global, has committed $30 million in finance to Seedstars Africa Ventures. Following a $8 million investment, French private equity firm LBO France, the fund’s anchor investor, has made a fresh commitment. With a goal of raising between $80 million and $100 million, the fund will help seed and Series […]

Seven currencies greater than the US dollar
Economy News

Seven currencies greater than the US dollar

One of the most valued currencies in the world, the US dollar is the preferred lender for many nations looking to purchase US bonds denominated in dollars. Even though the USD is seen as a trustworthy currency, there are other currencies that perform better. This implies that the foreign currency has a value higher than […]

Cameroonian city ranked most expensive in Africa
News

Cameroonian city ranked most expensive in Africa

Living in African cities can be a genuine financial burden these days, owing to the recent increase in inflation. Everything is getting more expensive, from housing to groceries. According to one of the world’s leading data and research platforms, Numbeo, food and utilities, for example, have seen price increases. Numbeo reports that Douala, Cameroon is […]

Foreign flights fully booked despite naira scarcity
Aviation

Foreign flights fully booked despite naira scarcity

In a surprising turn of events, foreign flights from Nigeria are experiencing unprecedented demand and are reportedly fully booked, despite the prevailing scarcity of the naira and economic challenges facing the country. Most airlines serving the Lagos-London, Lagos-USA, and Lagos-Paris routes were fully booked for the festive season despite the high cost of tickets which keeps increasing. […]

Kenya overtakes Nigeria in start-up funding ranking
Business

Kenya overtakes Nigeria in start-up funding ranking

Alex Omenye Nigeria lost the top position for the most funded startups in Africa to Kenya. This development was contained in an analysis of the African startup funding in 2023 by a research outfit, ‘Africa: The Big Deal.’ The report stated that startups in the East African country attracted the largest amount of funding in […]

JAPA: Overstay your visa, face permanent ban, US warns Nigerians
News

Nigeria to start non-physical passport application March 8

Alex Omenye The Federal Government has announced its finalized arrangements to commence full non-physical passport applications and their subsequent delivery to applicants using courier services. “Starting March 8, Nigerians will no longer have to come to our offices for their biometric,” the Minister of Interior Olubunmi Tunji-Ojo disclosed on Monday’s Channels Politics Today. “They can […]

Dangote refinery investors gain N1.2tn in two days
featured

Dangote to begin production as crude supply hits 6 million barrels

The Dangote Petroleum Refinery stated on Monday that it is ready to begin producing refined petroleum products after receiving the 6th batch of one million barrels of crude oil needed for the plant’s starting operations. According to The PUNCH, “Dangote refinery appears set to commence production of refined petroleum products with the receipt of the […]

Nigerian digital entreprenuers to look out for in 2024
News Tech

Nigerian digital entreprenuers to look out for in 2024

In the dynamic landscape of Nigeria’s digital sphere, a new generation of digital entrepreneurs is emerging as pioneers, shaping the future of technology and innovation in the country. These entrepreneurs make a living and advance humanity with digital platforms. These visionaries, armed with innovative ideas and a relentless drive, turn challenges into opportunities, bringing about […]

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