Zenith Bank has been honoured with the Technology Trailblazer Award at the Qore Nexus 2025 event. The award recognises the bank's innovative use of next-generation tech to enhance digital banking in Nigeria. Discover how they are shaping the future of fin
Transcorp Hotels Plc appoints Dr Awele Vivien Elumelu as its new Board Chair effective January 1, 2026. Discover her vision for innovation and growth in Nigeria's hospitality sector.
Nigeria's massive N37.59 trillion sea trade in Q3 2025 highlights a critical need for a strong indigenous shipping industry. Experts warn of billions in annual losses and urge action on the dormant Cabotage Fund to reclaim maritime wealth.
Nigeria's electricity supply plummets due to gas constraints and a massive N6 trillion debt owed to power generation companies. Find out why the grid remains unstable.
International Breweries Plc (IBPlc) has launched its new flagship beer, Budweiser Royale, in Nigeria. The event in Lagos featured top executives and a campaign promoting confidence and achievement. Discover the brand's vision.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is leading a historic shift towards transparency and accountability in the oil sector, turning a 'resource curse' into a national blessing. Discover how this reform benefits citizens.
A Skypower Express Cessna 172 crashed at Sam Mbakwe Airport, Owerri. All four onboard survived. NSIB has launched an investigation into the incident. Read the latest details.
The Federal Government plans a N1.23 trillion bond to clear debts owed to power generation companies and restore liquidity in the electricity market. Read more.
Pfizer shares tumbled after the drugmaker projected flat revenues and lower profits for 2026, citing declining Covid-19 sales and heavy investment in new products like weight-loss drugs.
A tribunal orders TotalEnergies to pay $285.2m to NNPC, closing a decade-long oil dispute. This landmark ruling redefines corporate accountability and contract enforcement in Nigeria's energy sector. Read the full analysis.
Communities in Ondo State's Okitipupa and Odigbo LGAs accuse Rex Forestry Ltd of ignoring CSR commitments and local hiring agreements. They urge Governor Aiyedatiwa to intervene. Read the full story.
The Debt Management Office has urged state governments to strictly adhere to the Fiscal Responsibility Act when borrowing. DMO DG Patience Oniha says compliance is non-negotiable for sustainable public finance. Read more.
Elon Musk makes history as the first person to surpass a $600 billion net worth, driven by SpaceX's soaring valuation. Discover the details behind his wealth surge.
The Federal Government pins economic hopes on a new law banning raw material exports, aiming to create jobs and value. Experts warn a weak STI ecosystem could derail the plan. Read more.
Fidelity Bank will restrict transactions for accounts not linked to a Tax ID or National Identity Number from January 1, 2026. Learn how to update your details to avoid service disruptions.
A Nigerian bank employee's Christmas bonus haul, described as 'package choke,' has sparked reactions online. See the full unboxing and what it says about corporate gifting.
China has imposed final anti-dumping duties on EU pork imports for five years, at reduced rates. The move follows trade tensions and an investigation into harm to China's domestic industry. Get the full details.
French parliament approves social security budget, suspending the unpopular pension age hike. Prime Minister Lecornu races to finalise the 2026 spending plan. Read the full details.
The Federal Government, through NADF, has launched an Onion Intervention Programme in Sokoto State to support 600 farmers hit by flooding and climate challenges, aiming to boost food security.
Dr. Owen Omogiafo of Transcorp urged Nigerian entrepreneurs to lead economic transformation at MMC 7.0, highlighting trust, funding, and resilience as keys to success. Read her full vision.
EEDC blames recent electricity supply decline on gas shortages affecting GenCos, leading to load shedding. The company apologises for the inconvenience and urges customer patience.
The Central Bank of Nigeria has revoked the operating licenses of Aso Savings and Union Homes for regulatory breaches. Discover the full story and what it means for Nigeria's financial sector.
The CBN has revoked the operating licences of Aso Savings and Union Homes. NDIC has commenced verification and payment of insured deposits up to N2 million. Learn how depositors can claim their funds.
Volkswagen halts production at its Dresden 'Transparent Factory,' marking the first German plant closure in its 88-year history. The site will pivot to AI and chip research. Read more.
The Central Bank of Nigeria has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc for failing to meet capital requirements. Learn the full details and implications for Nigeria's mortgage sector.
US unemployment rose to 4.6% in November, its highest level since 2021, as the economy lost 105,000 jobs in October. Read the full analysis of the cooling labour market and its global implications.
The Naira rebounds as CBN injects $250 million into the forex market, narrowing the gap between official and parallel rates. Read the full analysis of the intervention's impact.
A coalition of Civil Society Organisations has defended the NMDPRA against claims of undermining regulatory independence. They absolve CEO Farouk Ahmed of corruption, citing his adherence to the PIA. Read the full story.
CBN revokes Aso Savings & Union Homes licences for regulatory breaches. NDIC starts insured deposit payments up to N2m. Learn how to claim your funds.
The Nigerian Senate has urged the government to subsidise fertilisers and revive commodity boards to stabilise markets and protect farmers' livelihoods. Read the full story.