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Category: Business
Elon Musk buys $1 billion in Tesla shares
CEO Elon Musk bought about $1 billion worth of shares in Tesla, according to a regulatory filing, sending the share price up six percent on…
BREAKING: Nigeria’s inflation rate drops for 5th time amid falling food prices
Nigeria’s inflation rate declined for the fifth consecutive time to 21.12 percent in August, down from 21.88 percent in July 2025 amid a drop in…
Tinubu approves N90bn hajj subsidy in 2024, fare reduction – NAHCON
The National Hajj Commission of Nigeria (NAHCON) has rolled out a series of performances under President Bola Ahmed Tinubu. THE PRIME NEWS reports that the…
Canada rejects 1596 Nigerian asylum applications
Canada has denied 1,596 asylum claims filed by Nigerians so far in 2025, fresh data from the Immigration and Refugee Board show. THE PRIME NEWS…
No need for separate TIN to operate bank accounts — FIRS official
The Federal Inland Revenue Service (FIRS) has dismissed claims that Nigerians must obtain a separate Tax Identification Number before they can own or operate a…
Shea nut price collapses by 30% amid Nigerian govt export ban – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) said the price of shea nuts have crashed by 30 per cent after the export ban…
Dangote petrol N65 cheaper in Togo — Importers
Some fuel importers in the country have alleged that the Dangote refinery sells a litre of petrol to international traders at N65 cheaper than the…
FG to feed 50 million pupils in 2026
The Federal Government has said it is working to expand the National Home-Grown School Feeding Programme to 50 million primary school pupils in 2026. Aderemi…
Air Peace saga: No evidence against co-pilot – NCAA
The Nigerian Civil Aviation Authority (NCAA) had said that there is no evidence against Air Peace co-pilot, David Bernard, in the recent Port Harcourt airport…
SAPZ: Gov AbdulRazaq hosts Islamic Development Bank, others
The Executive Governor of Kwara State, Mallam AbdulRahman AbdulRazaq, CON, on Friday played a host to a delegation comprising Islamic Development Bank and other teams…