Trump Rolls Back Biden's Car Mileage Standards
President Trump overturns Biden's fuel-economy rules, claiming it will lower car prices. Critics warn it will worsen climate change and increase fuel costs for drivers.
Category : Business
China to Implement Zero-Tariff on Nigerian Exports Early
China's Ambassador to Nigeria announces readiness to expedite zero-tariff policy for Nigerian goods, boosting trade ahead of 55th diplomatic anniversary and 2026 cultural exchanges. A major win for Nigeria's exporters.
US Hiring Data Points to Economic Weakness, Rate Cut Expected
Surprise US job losses in November, led by small businesses, signal economic weakness and raise expectations for a Federal Reserve interest rate cut. Get the full analysis.
Man retrieves lost laptop at Lagos MM2 Airport, hails FAAN
Yinka Ogunnubi recovered his lost laptop at MM2 Airport thanks to FAAN and AVSEC officials. Read his story of hope and commendation for Nigeria's aviation sector.
Trump Rolls Back Biden's Fuel Economy Standards
President Trump revokes tougher CAFE standards, aiming to cut new car costs by $1,000. The move, backed by Big Three CEOs, sparks debate on affordability versus climate goals.
Edo Seeks ₦160bn to Tackle Ecological Challenges
Edo State unveils a ₦160 billion plan to remediate over 60 gully erosion sites and combat illegal sand mining. The initiative includes a massive tree-planting campaign.
Costco Challenges US Tariffs in Court, Seeks Refund
US retail giant Costco sues the Trump administration, demanding a refund for tariffs paid on imports. The case challenges the legality of Trump's trade policy. Read the full story.
Verve Issues 100 Million Payment Cards Across Africa
Verve International celebrates issuing 100 million payment cards, a landmark for Africa's digital economy and financial inclusion. Discover how this homegrown brand is reshaping payments.
Nigerian Lady Builds Business Place from Scratch, Video Viral
A young Nigerian entrepreneur's joy after building her business place from the ground up has inspired many. Watch the transformation and see the reactions. #SuccessStory #Nigeria
CBN Removes Cash Deposit Limits, Raises Withdrawal Cap
Nigeria's Central Bank has abolished cash deposit limits and raised weekly withdrawal thresholds to N500k for individuals. New policy takes effect January 2026.
EU Agrees to Ban All Russian Gas Imports by Autumn 2027
The European Union has struck a landmark deal to end all imports of Russian gas by 2027. Get the full timeline and details on this major energy shift.
Nigerian domestic airfares skyrocket 150% for festive season
Nigerians face soaring airfares and tough travel choices this festive season as ticket prices surge up to 150% on major routes. Get the latest price breakdown and expert analysis.
Nigeria Stock Market Gains N1.29trn, ASI Rises 1.20%
The Nigerian Exchange closed positive on Tuesday, December 2, 2025, with investors gaining over N1.29 trillion. The All-Share Index rose by 1.20%. Read the full market analysis.
NNPC, Depots Slash Petrol Prices After Dangote's Move
Nigerians get relief as petrol prices drop nationwide. NNPC and private depots cut rates after Dangote Refinery's pledge to supply 50 million litres daily, sparking intense market competition.
CrediCorp's New Credit Scheme for Smartphones, Laptops
CrediCorp launches a digital device credit programme to help over 15,000 Nigerians afford smartphones and laptops. Apply now to boost your productivity and join the digital economy.
CBN Sets 72-Hour Deadline for Banks to Refund Fraud
The Central Bank of Nigeria issues strict new rules forcing banks to refund fraud victims within 16 days. Learn how this impacts you and the fight against financial crime.
Airbus cuts 2025 delivery forecast over A320 panel quality issue
Airbus reduces its 2025 aircraft delivery target from 820 to 790 due to a supplier quality issue on A320 fuselage panels. The company says up to 628 jets may need inspection.
REVOO Electric Motorcycles Launch in Nigeria
Transsion's REVOO brand launches 4 electric motorcycle models in Lagos, promising lower costs and eco-friendly rides. Discover the A11, A12, C32 & E52 specs.
EU to Ban All Russian Gas Imports by Autumn 2027
The European Union has agreed to ban all Russian gas imports by 2027, aiming to cut off funds for Moscow's war. Discover the timeline and implications for energy security.
Spain's Pork Industry on Alert Over Swine Fever Outbreak
African Swine Fever detected in Spanish wild boars, causing major trade disruptions. Nigeria's importers should monitor the situation closely for potential market impacts.
Indian rupee hits record low past 90 per dollar
India's rupee falls to a historic low beyond 90 against the US dollar, driven by foreign outflows and stalled US trade talks. Analysts see a new market-aligned approach from the central bank. Read more for the full analysis.
Christmas Cash Demand Hits New Highs in Nigeria
Nigerians are scrambling for physical cash ahead of Christmas, driven by fears of ATM downtimes. The CBN tightens oversight as over N4.4 trillion remains outside banks. Read the full analysis.
Contractors Protest N760bn Debt, Disrupt Ministry
Indigenous contractors block the Federal Ministry of Finance in Abuja, demanding payment of N760 billion for completed 2024 projects. The protest disrupts government activities as financial distress deepens.
Nigeria's Telecom GDP Contribution Hits 9.1% in Q3
Nigeria's telecom sector demonstrates resilience, contributing 9.1% to GDP in Q3 2025. Driven by mobile data demand and 5G rollout, the industry remains a key non-oil pillar. Discover the full economic impact.
Food Bank Targets 40m Nigerians in Hunger Intervention
MATAN Food Bank launches an automated digital initiative to provide direct food access for over 40 million Nigerians, backed by the House of Representatives. Read how this plan tackles the nation's food crisis.
Africa's Private Wealth Exodus Threatens Development
Experts in Lagos warn that Africa's development is stunted by massive private wealth flowing offshore. Building local Family Offices is key to keeping capital at home. Read more.
OPay Clinches SERAS 2025 Social Impact Award
OPay wins the prestigious SERAS 2025 Award for Social Impact. Discover how its ₦1.2B scholarship and empowerment programs are transforming lives across Nigeria.
IXPN Links Digital Economy to Local Internet Traffic
IXPN's MD, Muhammed Rudman, says localising internet traffic is vital for Nigeria's digital economy, boosting speed, security, and saving millions. Learn why this is a national imperative.
Asian Markets Up Ahead of US Jobs, Inflation Data
Most Asian markets gained Wednesday, tracking Wall Street, as investors await crucial US jobs and inflation data that will shape the Federal Reserve's rate decision next week. Read more.
Edo Land Revocation Sparks Investor Nightmare
The alleged revocation of Presco Plc's C of O by the Edo State government risks billions in agro-investments and 15,000+ jobs. Will political moves derail the state's economic growth? Read more.
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