Business

Dangote, Indorama projects to position Nigeria as fertiliser

  • 22nd January 2026

US ambassador Richard Mills exits Nigeria amid global

  • 21st January 2026

FG unveils impact challenge to boost 3MTT outcomes

  • 20th January 2026

Nigeria startup funding fell 17% to $343m in

  • 20th January 2026

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EFCC faults fintech over fraud among unbanked and middle class

EFCC links banks, fintechs to N162bn crypto fraud

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Dangote, Indorama projects to position Nigeria as fertiliser export

Business
Price of of cooking gas rose by 13.75% in May 2024

Local refineries supplied 87% of Nigeria’s cooking gas in

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US ambassador Richard Mills exits Nigeria amid global envoy

Business

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Geregu Power reports 110% rise in profit
Business

Geregu Power reports 110% rise in profit

A major player in Nigeria’s energy sector, Geregu Power Plc, has reported a staggering 110% increase in operating profit in its just issued 2023 audited financial statement. According to Nairametrics, this enormous growth demonstrates the company’s robust business model and strategic objectives, which have positioned it as an industry leader. The company’s financial performance for the fiscal year ending […]

X lifts search ban on Taylor Swift
Tech

X lifts search ban on Taylor Swift

Social media company X reversed the ban on searches for Taylor Swift on Monday evening, which had been implemented after fake sexually-explicit images of the pop singer circulated on the platform. The search functionality has now been reinstated, and Joe Benarroch, head of business operations at X, stated on Monday, “We will continue to be […]

ChatGPT’s AI image feature delayed for free users
Tech

Italy accuses OpenAI of data breaches

Italy’s data protection authority, Garante, informed OpenAI on Monday that its ChatGPT artificial intelligence chatbot application violates data protection rules. Garante, known for its proactive stance in evaluating AI platform compliance with the EU’s data privacy regulations, had previously banned ChatGPT last year over alleged breaches. Following adjustments made by OpenAI, the service was reinstated, […]

Pension funds climb by 22% to N18tn - NAICOM
News

Pension funds climb by 22% to N18tn – NAICOM

The total assets under the Contributory Pension Scheme hit N18.36 trillion by the end of 2023, according to National Pension Commission data. The PUNCH reported that PenCom’s unaudited report on pension funds sector portfolio for the period ended December 2023; Approved Existing Schemes, Closed Pension Fund Administrators and RSA funds (including unremitted contributions @CBN & […]

Business

Amazon pulls out of iRobot acquisition

Alex Omenye Amazon’s attempt to acquire iRobot, the renowned robotic vacuum manufacturer, has come to an end due to challenges faced with European regulators. Both companies have decided to mutually terminate the previously-announced acquisition agreement, where Amazon intended to buy iRobot for approximately $1.7 billion in cash, or a slightly lower amount. The companies issued […]

Linktree adds new features for users
Business

Linktree adds new features for users

Alex Omenye Linktree, the link-in-bio platform, on Monday, unveiled new features, including link scheduling, archiving, and automated retrieval of the latest videos from YouTube and TikTok. Users can now schedule links to go live at specified dates and times, aligning with different time zones for targeted releases. The Australia-based startup also introduced an archiving feature, […]

CBN stops foreign oil corporations from sending all fx proceeds abroad
Banking featured

CBN releases additional $500m to clear FX backlog

The Central Bank of Nigeria has granted an additional $500 million to get rid of the verified FX backlog. According to The Times, the Acting Director of the apex bank’s Corporate Communications Department, Mrs Hakama Sidi Ali, verified this on Monday in Abuja. The central bank’s new release of $500 million comes just a few days after […]

DataPro gives FSDH Merchant Bank an "A" rating
Business

DataPro gives FSDH Merchant Bank an “A” rating

A credit rating agency in Nigeria, DataPro, has granted FSDH Merchant Bank Limited a long-term rating of “A” with a stable outlook for 2023/2024. The PUNCH reported that this was stated in a statement issued by the credit rating firm on Sunday and signed by Client Services Manager, Kehinde Rasheed. Before the grade was awarded, […]

Access Bank, Qatar airways partner, offer discounted flight tickets
Business

Access Holdings subsidiary purchases ARM Pensions

Access Pensions Limited, an Access Holdings affiliate, has purchased a majority share in ARM Pensions Managers Ltd. The PUNCH reported that a majority shareholder in Access Pension, Access Golf, got the National Pension Commission’s ‘no-objection’ and the Federal Competition and Consumer Protection Commission’s permission, according to a statement issued by Access Holdings. It stated that, subject […]

X blocks search for Taylor Swift over deepfake pictures
Tech

X blocks search for Taylor Swift over deepfake pictures

In response to a recent surge in the dissemination of graphic AI-generated fakes featuring the globally renowned recording artist Taylor Swift, X has implemented measures to block searches for her on their platform, formerly known as Twitter. Attempts to search for terms like “Taylor Swift” or “Taylor Swift AI” on X may result in a […]

UBA vows to draw capital to ECOWAS mining industry
News

Niger, Mali, Burkina Faso quit ECOWAS

Three West African nations, Niger, Mali, and Burkina Faso, have left the Economic Community of West African States after military intervention. The countries expressed their views in a coordinated press release shown on television and posted online on Sunday. “Faced with this continuing situation, Their Excellencies, Captain Ibrahim Traoré, Colonel Assimi Goïta and Brigadier General […]

Transportation

Nigeria Railways records 103% rise in Q3 2023 income

The Nigeria Railway Corporation generated around N1.895 billion in income from passenger and cargo transportation in the third quarter of 2023. The Times reported that this marks a 103.1% increase over the N933 million reported in the equivalent quarter of 2022. This is according to the most recent NBS Rail travel data for July, August, and […]

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