Paystack Terminates Co-Founder Ezra Olubi
Nigerian fintech giant Paystack dismisses co-founder Ezra Olubi following sexual misconduct allegations. Read about the investigation and public reactions.
Category : Business
German Business Confidence Falls in November 2025
German business sentiment declines to 88.1 points as companies lose faith in government reforms. Manufacturing and construction sectors hit hardest amid economic concerns.
Dangote Refinery to Fine Marketers Over Leaking Trucks
Dangote Petroleum Refinery warns marketers against leaking fuel tankers, threatening fines and suspension. Safety concerns rise amid Nigeria's tanker explosion crisis claiming hundreds of lives.
EU urges US to cut steel tariffs in trade talks
The EU will press the US to implement their July trade deal, focusing on reducing 50% steel tariffs. High-level talks begin in Brussels. Read more.
Nigerian Stock Market Loses N2.1 Trillion
Investors on the Nigerian Exchange lost a staggering N2.1 trillion in one week as the market closed low. Discover the top gainers, decliners, and key market trends.
COP30 ends with no fossil fuel phase-out deal
COP30 climate summit in Brazil concludes without a fossil fuel phase-out agreement, leaving vulnerable nations disheartened. African groups demand climate justice.
EU leads €15.5bn clean energy campaign in Africa
The European Union has mobilised €15.5 billion to accelerate Africa's clean energy transition, promising electricity for millions and sustainable industrial growth.
UK Labour's 2025 Budget Tests Credibility
Britain's Labour government unveils its annual budget with expected tax rises to curb debt, facing political and economic challenges. Read more for full analysis.
Lagos-Calabar Highway Section Opens December 2025
Federal Government confirms the first 47km of Lagos-Calabar coastal highway will open to motorists between December 12-17, 2025. Get the latest updates on this transformative infrastructure project.
NAICOM: Link NIN, CAC to Insurance by April 30, 2026
NAICOM mandates all insurers to link NIN and CAC details to policies by April 30, 2026. This move aims to boost transparency and curb fraud. Act now to ensure compliance!
NPAN Elects Maiden Alex-Ibru as New President
The Newspaper Proprietors' Association of Nigeria (NPAN) has elected Lady Maiden Alex-Ibru as its new President. The association calls for urgent government action on economic hardship and national security.
Ambode Links Low State IGR to Poor Tech Investment
Ex-Lagos Governor Akinwunmi Ambode reveals how technology drives IGR growth. He urges FG to partner with CITN for successful tax reform implementation from 2026.
Lagos Deploys N244.82bn Bond to Key Sectors
Lagos State Government plans to invest N244.82 billion bond proceeds in transportation, housing, healthcare, education and environmental projects to drive sustainable growth across the state.
Belgium's 3-Day National Strike Over Austerity
Belgium faces major disruptions as unions launch a three-day national strike protesting government spending cuts and labour reforms. Schools, transport, and airports will be severely affected.
FG Tasks Quantity Surveyors on Infrastructure Cost Control
Federal Government charges quantity surveyors to eliminate project wastage and inflated costs through strict cost management and value optimization in national infrastructure delivery.
NIESV: Estate Surveyors Must Adapt to Tax Reforms
Nigerian estate surveyors must expand skills for tax reforms and infrastructure projects, experts warn at Lagos MCPD forum. Learn how the profession is transforming.
COP30 Delivers Climate Finance Boost, Skips Fossil Fuel Plan
COP30 concludes with $1.3 trillion annual climate finance target by 2035 but fails to adopt fossil fuel transition roadmap. Key outcomes include adaptation funding tripling and just transition mechanism.
How Housing Racketeering Worsens Nigeria's Crisis
Racketeering syndicates and fraudulent agents are exploiting Nigeria's housing shortage, pushing low-income earners deeper into poverty. Experts demand urgent digitization and regulation.
COP30: $1.3 Trillion Climate Finance Deal Reached
COP30 concludes with historic $1.3 trillion annual climate finance commitment by 2035, but fails to deliver fossil fuels transition roadmap. Key outcomes for Nigeria analyzed.
N50m Grants Awarded to Young Nigerian Entrepreneurs
Mary Ojulari Foundation empowers eight young Nigerian entrepreneurs with N50 million grants after completing intensive business bootcamp. Discover how these innovators are transforming communities.
Security Crisis Undermines Nigeria's Economic Recovery
Nigeria's economic recovery faces severe threats from escalating insecurity, causing capital flight and investor retreat. Learn how violence impacts markets and food security.
Asian Markets Rise as US Rate Cut Hopes Soothe Nerves
Asian stocks climbed as renewed US interest rate cut expectations calmed markets after a turbulent week driven by AI bubble fears. Key inflation data due this week.
FG Projects $74b Livestock Sector Capacity by 2035
Federal Government unveils plan to grow Nigeria's livestock industry from $32 billion to $74 billion by 2035, creating jobs and boosting food security.
LONTOR Invests N1.2b in Nigeria's Sustainable Energy Drive
LONTOR Hi-Tech commits N1.2 billion to boost solar energy and smart living in Nigeria. Discover their new Wuling Bus Partnership Programme for nationwide growth.
Mogadishu Building Boom Transforms War-Torn City
Mogadishu experiences unprecedented construction boom as security improves. Discover how Somali diaspora investments and checkpoint systems revive the capital.
Global Wildlife Talks: Sharks, Rhino Horn on Agenda
Global wildlife talks in Samarkand debate shark protection, rhino horn sales, and eel trade restrictions. Over 180 nations convene for critical CITES meeting. Read the latest updates.
Americans Spend Record $1 Trillion Despite Inflation
US holiday spending expected to reach $1 trillion despite inflation concerns. Online sales surge 5.3% as AI transforms shopping habits. Read more about this economic paradox.
Atiku and FIRS Clash Over New TSA Payment Provider
Former VP Atiku Abubakar demands suspension of Xpress Payment Solutions as TSA collecting agent, while FIRS defends multi-provider framework. Key political clash over revenue collection.
Naira weakens to N1,456.72/$ as economy faces pressure
Naira depreciates by 0.98% to N1,456.72/$ amid dollar demand and structural challenges. Nigeria's foreign reserves rise to $44.12 billion despite oil price decline. Learn more about the economic outlook.
BHP drops Anglo American takeover bid
Australian mining giant BHP has abandoned its takeover bid for British rival Anglo American, reshaping the global copper mining landscape. Discover the implications for Nigeria's mining sector.
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