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Friday, August 21, 2026

Economy

August 21, 2026

Bitcoin heads for best week in three years; gold set for biggest monthly gain in century

Bitcoin rose by seven per cent on Friday and 23 per cent this week to $77,380, while gold is up 13 per cent in August.

BITCOINS
August 21, 2026

FEC approves revised national biotechnology policy

FEC approved the revised policy to update Nigeria’s 2001 biotechnology policy after 25 years of scientific and technological advances.

August 21, 2026

PENGASSAN urges action on oil, gas reforms

PENGASSAN called for the effective implementation of ongoing oil and gas reforms to attract sustainable and bankable investments into the sector.

PENGASSAN
August 21, 2026

Nigeria implementing policies to reduce methane emissions from waste: FG

The federal government is implementing policies to reduce methane emissions from dumpsites and promote sustainable waste management practices across the country.

Dumpsite smoke
August 21, 2026

Subsidy removal made life difficult for Nigerians, Tinubu used money to fund governors’ opulent lifestyle: Atiku

“That is not reform. It is economic arson followed by propaganda about the ashes,” Phrank Shaibu said of President Bola Tinubu’s policies.

Tinubu with governors
August 21, 2026

Fuel Subsidy: Atiku’s proposal is for subsidising local oil production, aide says

“(The former vice-president) said he will subsidise Nigerian fuel production, not imported fuel—capped, audited and transparent,” his aide clarified.

Former Vice-President Atiku Abubakar
August 21, 2026

The face of Nigeria’s first naira trillionaire, his net worth, businesses

His multinational conglomerate was estimated at $35.2 billion (₦47.45 trillion based on ₦1,348 to $1). This makes him the 66th richest person globally.

Heap of naira cash
August 21, 2026

Atiku advertising economic ignorance by pushing to restore fuel subsidy in Nigeria: Tinubu

“One of my opponents now says he will go back to subsidy. I read it. That is a demonstration of serious ignorance of governance and economy,” Mr Tinubu stated.

Tinubu sitting with Atiku
August 21, 2026

Kano to push for fair share of federal appointments, recruitments: SSG

The Kano government has reiterated its determination to earnestly pursue and fully utilise whatever is legitimately due to the state under the Federal Character principle.

Kano governor
August 21, 2026

‘Civilisation isn’t excuse for stupidity’, netizens react after lady calls UBA chairman ‘Tony’

At the ceremony, which honoured 374 young professionals who completed the bank’s graduate programme, the lady addressed Mr Elumelu, saying, “Good morning, Tony.”

Elumelu at the conference