close
Sunday, January 18, 2026

Economy

January 13, 2026

Trump slams 25% tariff on Nigeria, other countries doing business with Iran

“Effective immediately, any country doing business with the Islamic Republic of Iran will pay a tariff of 25% on any and all business…,” said Mr Trump.

January 12, 2026

32 vessels to arrive Lagos ports with petroleum products, food items: NPA

The NPA, in its “Daily Shipping Position” on Monday, disclosed that the vessels are expected from January 12 to 30.

Vessels at Lekki
January 12, 2026

Wema Bank upgrades ALAT app with voice banking, contactless payments

The bank said the introduction of uptime prediction was designed to boost transparency and customer confidence by providing insights into service availability and reliability.

WEMA ALAT
January 12, 2026

Trump mulls removing ExxonMobil from Venezuela’s oil plans

“I’d probably be inclined to keep Exxon out. I didn’t like their response. They’re playing too cute,” Mr Trump said to reporters aboard Air Force One on Sunday.

Trump’s meeting with U.S. oil executives
January 12, 2026

Indonesia plans nationwide single rice price policy in 2026

“We don’t want eastern Indonesia to pay higher prices. In 2026, we will strive to apply a single rice price nationwide,” said the food affairs minister.

Bags of Indonesian rice
January 12, 2026

Gold jumps as Iran tensions, Fed concerns drive safe-haven demand

The price of one industry-standard troy ounce of gold rose to nearly $4,600 early on Monday before easing back.

Gold CFDs
January 12, 2026

NGSTQB to prioritise stronger software testing practices in 2026

The president of NGSTQB, Boye Dare, said this in an interview in Lagos on Monday.

Nigerian Software Testing Qualification Board Logo
January 12, 2026

U.S. hosts international talks on critical raw materials

The finance ministers from the Group of Seven leading global democracies and others plan to discuss access to critical raw materials in Washington on Monday.

G7 finance ministers
January 12, 2026

NDIC declares N24.3 billion second liquidation dividend for Heritage Bank depositors

NDIC has declared a second liquidation dividend of N24.3 billion for depositors of the defunct Heritage Bank Ltd.

Heritage Bank
January 12, 2026

First HoldCo names new boards in non-banking subsidiaries

The diversified financial services group said the appointments followed regulatory approvals from the Securities and Exchange Commission and the National Insurance Commission.

First HoldCo