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AFCON 2025: Southampton boss Eckert makes admission that will help Joe Aribo gain Chelle’s attention

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‘Esther will love it’ – Nigerian star backed to excel as World Sevens Football lands in North America

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Shettima Woos Investors as Nigeria, Austria Forge New Trade Ties

Shettima Woos Investors as Nigeria, Austria Forge New Trade Ties Austria and Nigeria have agreed to forge new ties and partnerships to deepen cooperation and trade between both countries. This was disclosed by the Senior Special Assistant to the President on Media & Communications, Stanley Nkwocha, in a statement shared on Tuesday morning. Nigeria’s Vice
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UNGA 80: Tinubu Calls for Overhaul of Global Financial System for Africa’s Minerals

UNGA 80: Tinubu Calls for Overhaul of Global Financial System for Africa’s Minerals President Bola Tinubu has called for a bold reset in the global financial architecture governing Africa’s mineral resources, urging African nations to finance their own mineral sectors and assert collective power in global supply chains. He said this was crucial to safeguarding
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JUST IN: CBN Cuts Interest Rate to 27%

Sign in Welcome! Log into your account Password recovery Recover your password A password will be e-mailed to you. Home JUST IN: CBN Cuts Interest Rate to 27% CBN Headquarters JUST IN: CBN Cuts Interest Rate to 27% he Central Bank of Nigeria’s Monetary Policy Committee has reduced the interest rate to 27 percent from
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Why CAC Will Deploy AI to clear Application Backlog

Why CAC Will Deploy AI to clear Application Backlog The Corporate Affairs Commission (CAC) has said it will deploy an Artificial Intelligence agent to clear a backlog of about 7,000 company registration applications and reduce delays in service delivery. Registrar-General of CAC, Hussaini Magaji, announced the move at a stakeholders’ forum in Kano on Monday.
Business

Nigeria’s Crude Exports to US Drops to $2.2bn

Nigeria’s Crude Exports to US Drops to $2.2bn Nigeria raked in $2.21 billion from crude oil exports to the United States in the first seven months of 2025. The transaction was disclosed in the new data released by the US Census Bureau and Bureau of Economic Analysis. The figure represents a 22 percent decline compared
Business

Domestic Refineries’ Crude Supply Hits 67.6m Barrels — FG

Domestic Refineries’ Crude Supply Hits 67.6m Barrels — FG The Federal Government has disclosed that a total of 67,657,559 barrels of crude oil were supplied to local refiners for processing between January and August 2025. This figure, confirmed by the Nigerian Upstream Petroleum Regulatory Commission, highlights ongoing challenges in bridging the crude allocation gap facing
Business

Nigeria Revokes 1,263 Mineral Licences Over Default

Nigeria Revokes 1,263 Mineral Licences Over Default The Federal Government has announced the revocation of 1,263 mineral licenses across the country as part of its ongoing efforts to sanitise the solid minerals sector and enforce compliance with extant laws. The announcement was made on Sunday in Abuja by the Minister of Solid Minerals Development, Dr
Business

NUPENG N50,000 Truck Charges Cause Fuel Price Hikes, Dangote Says

NUPENG N50,000 Truck Charges Cause Fuel Price Hikes, Dangote Says Africa’s richest man and the President of Dangote Group, Aliko Dangote, has accused the Nigerian Union of Petroleum and Natural Gas Workers of collecting as much as N50,000 on every truck that loads fuel at the refinery, warning that such charges ultimately push up fuel
Business

Is a rate cut in sight? Reading the signals from Nigeria’s Monetary Policy front

As Nigeria's Central Bank prepares for its 302nd Monetary Policy Committee (MPC) meeting on September 22-23, 2025, the economic landscape presents a study in contrast. After nearly eighteen months of aggressive monetary tightening that pushed the Monetary Policy Rate (MPR) to a historic 27.50 percent, policymakers now face their most nuanced decision in recent memory:
Business

Taxation and the incidence of mismanagement in Nigeria

Every advanced nation in the world rose to prominence not merely because of natural resources, but through an efficient system of taxation. Tolls, duties, customs, levies, and income taxes formed the backbone of the prosperity enjoyed by Europe, Asia, and the Americas today. Ironically, Nigeria, a land blessed with abundant resources, still struggles to achieve
Business

Nigeria’s new curriculum and the test of our classrooms

We are on the edge of another turning point in Nigerian education. The Federal Ministry of Education has announced what it calls a “future-ready” curriculum, one that stretches from the first years of primary school all the way to senior secondary and technical colleges. On paper, it looks comprehensive and hopeful. Primary pupils will no
Business

Oyo monarch suspends two baales over alleged illegal mining

Oba Khalid Oyeniyi Olabisi Oyedepo III, has suspended Kilani Azeez, Baale Ilua of Saki and Timothy Oyesiji, Baale Kelli-Ile of Saki, over their alleged involvement in illegal mining, and flagrant disregard for law and order. The decision, taken by the Okere-in-Council against the baales followed consideration of numerous complaints and investigations into allegations of insubordination
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AFCON 2025: Southampton boss Eckert makes admission that will help Joe Aribo gain Chelle’s attention

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Sports

‘Esther will love it’ – Nigerian star backed to excel as World Sevens Football lands in North America

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Technology

Samuel Frank on entering the VC industry and investing in climate tech

In November, Samuel Frank, an investment associate at Sahara Impact Ventures, an Africa-focused VC firm with a climate and gender lens, sat before a room of students eager to break into Africa’s venture capital industry or improve their understanding of the sector. In a few minutes, he would judge their final presentations and offer pointed
Technology

100 million cards later, Verve looks towards contactless payment and tokenisation

Verve, a payment card scheme operated by Nigerian fintech company Interswitch, is expanding its contactless payment products and introducing tokenisation as it hits 100 million cards issued across Africa, 16 years after it launched. Verve will now deepen its focus on next-generation payment technologies, especially contactless payments, which it believes will enable faster tap-and-go transactions

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