Asian stocks falter ahead of expected US Fed rate cut
Asian equities drifted lower as investors await a likely US interest rate cut. Debate intensifies on whether the Federal Reserve can sustain easing into 2026 amid stubborn inflation.
Category : Business
7 Nigerians Win TECNO AFCON 2025 Tickets to Morocco
Seven lucky Nigerians have won an all-expense paid trip to watch the 2025 Africa Cup of Nations in Morocco, courtesy of TECNO's Mega Black Friday Sales. Discover the winners and how the electronics giant rewarded hundreds of customers nationwide.
Jaiz Bank Becomes Africa's First IILM Primary Dealer
Jaiz Bank achieves a historic milestone by becoming the first African financial institution onboarded as a primary dealer by the International Islamic Liquidity Management Corporation (IILM).
PromoPrint Marks 25 Years of Nigerian Manufacturing Resilience
PromoPrint Ventures celebrates 25 years, highlighting local manufacturing resilience, innovation, and the shift from import dependence. Read the inspiring story of Nigerian enterprise.
Lagos Launches New Towns to Ease Population Pressure
Lagos State government explains new town development is a critical response to intense population pressure and infrastructure strain. Commissioner Oluyinka Olumide details plans for orderly expansion and climate-resilient communities. Read more.
SUNU Assurance Secures N9bn Capital Raise Approval
SUNU Assurance shareholders approve N9 billion capital raising to meet new NIIRA 2025 requirements. The move aims to strengthen the firm's financial capacity before the July 2026 deadline.
Court Stops Sale of Embraer Jet, Orders Show Cause
A Federal High Court in Abuja has issued an interim order restraining the sale of an Embraer EMB-145LR aircraft. Justice M. A. Madugu granted the order and gave defendants seven days to respond. Read the full details.
Untapped Women's Talent Costs Global Economy $12 Trillion
Expert warns Nigeria's growth is unsustainable without women. Closing gender gaps could add $12 trillion to global GDP. New foundation launched in Abuja to drive change.
Benue Farmers Lament Crashing Food Prices, High Costs
Farmers in Benue State face financial ruin as market prices for crops collapse while fertiliser and transport costs remain high. Many threaten to quit farming next season. Read more.
Sustainable Materials Reduce Long-Term Costs for Homeowners
Ksircomfort Construction urges wider use of sustainable materials & digital approvals to cut costs & delays in Nigeria's housing sector. Founder Ademola Idris highlights innovation & trust.
Ethiopia Leads Africa's Energy Shift with Gas-by-Rail Vision
Ethiopia signs a landmark deal to launch a 73,500km gas-by-rail network, aiming to bring clean energy to 1.2 billion Africans. Read about this ambitious continental transformation.
Trump to be Involved in Netflix-Warner Bros. Deal Review
US President Donald Trump says he will be involved in the regulatory review of Netflix's $83 billion bid for Warner Bros., citing market share concerns. Read the full story.
WACOT Pays N158m to Cocoa Farmers for Sustainability
WACOT Limited disburses over N158m to 2,062 Osun cocoa farmers for sustainable practices. The initiative rewards quality and promotes financial inclusion in agriculture. Read more.
Experts: Use Alternative Energy to Boost Nigeria's Blue Economy
Environmental engineers call on the Tinubu administration to leverage Nigeria's 209 TCF gas reserves and alternative energy to drive a sustainable blue economy, creating jobs and wealth.
Land Grabbing May End in Rivers with New Community Committee
Alesa community in Rivers State inaugurates a Land Development Committee to combat land grabbing and fraudulent sales, backed by the state government and traditional ruler. This new system aims to protect investors and ensure secure land transactions.
PoS Operators Reject CAC Shutdown Plan, Head to Court
PoS operators, led by NAFIAN, plan a legal challenge against the CAC's mandatory registration, calling it overreach. The January 1, 2026, deadline could see unregistered terminals seized.
FG Opens New Funding for Imo Small Business Owners
Vice President Kashim Shettima announces new BOI and DBN funding windows for Imo SMEs at the 2025 Economic Summit, aiming to boost production and job creation.
Shipping lines decry $4.6m stowaway fines in Nigeria
Shipping lines in Nigeria pay $4.6 million annually to repatriate stowaways, despite paying security fees in dollars. SAN Chairman Boma Alabi criticizes the failed security system.
FG Expands Tax Training for 50 Content Creators
The Federal Government has increased slots for its special tax law training to 50 content creators. Applicants need 10,000+ followers and must apply by December 8, 2025.
MTN Surprises Lagos Couples with N2m Wedding Gifts
MTN Nigeria's Y'ellotide Weddings initiative brought shock and joy to couples in Lagos, gifting N2 million each to support their new beginnings. See how the surprise unfolded.
Ogoni Youths Demand Oil Block, Halt to License Bids
Ogoni youths demand an oil block and halt to ongoing bids, insisting on equity and inclusion before resuming oil production in Ogoniland after 30 years.
FG Selects 20 Content Creators for Tax Reforms Training
The Federal Government has unveiled 20 top content creators for a special tax reforms training. Over 8,500 nominations were received. Find out who made the list and what it means for the new tax laws.
Air Chief Visits Pilots After Niger State Jet Crash
The Chief of the Air Staff commended two NAF pilots who safely ejected after an Alpha Jet crash in Niger State. An investigation into the cause is underway. Read the full story.
Macron warns China on EU tariffs over trade deficit
French President Emmanuel Macron has warned China of potential EU tariffs if it fails to reduce its massive trade surplus with Europe. He calls it a 'life and death' issue for European industry.
CAC to Report Fintech Firms to CBN Over PoS Operators
The Corporate Affairs Commission warns it will place OPay, Moniepoint, Palmpay on a watchlist and report them to the CBN for enabling unregistered PoS agents. New deadline set for January 2026.
Kaduna's $200m China Poultry Project to Create 350,000 Jobs
Governor Uba Sani finalises a $200m poultry deal with China, set to create 350,000 jobs and generate $450m annually for Kaduna State. Read the full story.
Naira Drops to N1,454/$1 Amid Festive Dollar Demand
The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.
CAC Gives PoS Operators New Registration Deadline
Corporate Affairs Commission sets new deadline for PoS agents to register businesses or face sanctions. Industry faces fresh tension as compliance remains low. Read the full details.
CAC: POS Operators Must Register by Jan 1, 2026
The Corporate Affairs Commission has set January 1, 2026 as the final deadline for all POS operators to register. Unregistered terminals will be seized, and enabling fintechs reported to CBN. Act now to comply.
Divided US Fed Faces Contentious Rate Decision
The US Federal Reserve's final 2025 meeting is marked by internal conflict over a potential third interest rate cut, with a key data shortage complicating the decision. Read the full analysis.
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