Category: Business

The increase in Nigeria’s current account surplus at $7.54bn in the second quarter of 2026 from $4.49bn in the first quarter is yet another indication of its rising economic stability and viability, the Tinubu Media Support Group (TMSG) has said In a statement signed by its Chairman Emeka Nwankpa and Secretary Dapo Okubanjo, the group […]

A group, The Transparency Network and Public Interest Initiative, has petitioned the Economic and Financial Crimes Commission (EFCC) and the Central Bank of Nigeria (CBN) over alleged use of proxies and fronts to accumulate shares in Fidelity Bank for the benefit of former Anambra State governor and 2027 presidential candidate of the Nigeria Democratic Congress […]

Nigerian National Petroleum Corporation (NNPC) Retail Limited has commissioned its first Smart Self-Service Station on Bill Clinton Drive, Abuja, offering customers a technology-driven fuelling and mobility experience. The new facility, developed in partnership with the Nigeria Immigration Service (NIS), combines conventional fuel services with electric vehicle charging, LPG, vehicle maintenance and lifestyle offerings. The 24-hour […]

A group, The Tinubu Media Volunteers (TMV) has attributed the trade surplus of N12.59 trillion Nigeria recorded in Q2 of 2026 as an indication that the country is turning from an economy solely dependent on crude oil exports to a more diversified one. In a statement by its Chairman Chukwudi Enekwechi and Secretary Segun Ogedengbe, […]

By Saminu Ibrahim Technology companies, government policymakers, investors and startups on Wednesday converged on Lagos as the second edition of GITEX Nigeria opened with a call for greater investment in innovation, digital infrastructure and homegrown technology. The two-day Tech Expo and Future Economy Conference, holding from September 2 to 3, followed Monday’s Government Leadership and […]

By Saminu Ibrahim The Nigeria Customs Service (NCS), Federal Fire Service (FFS) and Unilever Nigeria PLC have signed separate Memoranda of Understanding (MoUs) to strengthen collaboration on security, fire safety, trade facilitation, consumer protection and economic development. The agreements were signed on Thursday, August 27, 2026, at the NCS Headquarters in Abuja. Speaking during the […]

  The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa CCIE, has challenged Jigawa State and Galaxy Information Technology and Telecommunications (Galaxy ITT) to adopt a strategic approach to digital transformation and economic development. Inuwa made the call at the Galaxy ITT Repositioning Retreat held on Thursday in Abuja. He expressed concern over […]

By Saminu Ibrahim The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, CCIE, has said the Agency is implementing a series of reforms to strengthen Information Technology (IT) procurement, improve confidence in locally developed software and advance Nigeria’s digital sovereignty. Inuwa disclosed this at the 66th Annual General Conference of […]

By Saminu Ibrahim The Transmission Company of Nigeria (TCN) has dismissed claims by the Abuja Electricity Distribution Company (AEDC) that the tripping of 330kV transmission lines supplying Abuja from the Shiroro Transmission Substation caused a reduction in its power allocation. AEDC, in a publication had informed its customers of electricity supply constraints, attributing the drop […]

By Saminu Ibrahim (SINL NIGERIA) The Federal Government has called for greater investment in technology hubs, innovation spaces, and ecosystem builders across Nigeria, identifying them as essential engines for cultivating talent, empowering entrepreneurs, and driving the nation’s digital economy. Speaking in Abuja at the National Innovation Hub Standards Framework Validation Workshop, the Minister of Communications, […]