Thursday, October 8, 2026

Economy

July 28, 2026

Tinubu to increase soldiers’ salary from N100,000 soon, says defence minister

“I am confident that very soon, Mr President will announce another salary increase for our men,” the defence minister said.

Soldiers fighting insurgents
July 28, 2026

U.S. cracks down on EyePoint over alleged kickbacks, company to pay $4.66 million settlement

Eyepoint Pharmaceuticals, headquartered in Massachusetts, has agreed to pay the United States $ 4,657,463.18 to resolve allegations that it violated the False Claims Act.

Eyepoint Pharmaceuticals, Inc.
July 28, 2026

NeoGenomics pays $10 million to settle kickback allegations after self-disclosing below-market deals

In connection with the settlement, the U.S. acknowledged that NeoGenomics took significant steps entitling it to credit for cooperating with the government’s investigation.

NeoGenomics
July 28, 2026

Nigeria unveils SAPZ policy to power $4.4 billion agro-industrial development, slash $10 billion food imports

Nigeria and development partners have validated the draft SAPZ policy to accelerate agro-industrial development, attract $4.4 billion investment and create jobs.

Agriculture minister Abubakar Kyari
July 28, 2026

SAPZ policy to spur agro-industrial growth, says FG

FG says SAPZ policy will unlock agro-industrial growth, attract private investment, boost agricultural value addition and improve food and nutrition security.

Mechanised farming
July 27, 2026

FCMB Group reports 99% pre-tax profit growth with ₦157 billion in H1 2026

Annualised Earnings Per Share (EPS) increased to ₦4.23 in the first half of 2026 from ₦3.96.

July 27, 2026

Floods: Lagos traders, consumers lament rising prices of vegetables

Some Lagos traders and residents decried the negative impact of heavy rains and floods on the prices of food, especially vegetables.

Vegetables (Credit: Ahmed Oluwasanjo/Peoples Gazette)
July 27, 2026

FG targets global lead in extractive sector transparency

He said the target aligned with the federal government’s reform agenda.

George Akume
July 27, 2026

Global oil prices fall as Iran, U.S. pause strikes

Brent, the global benchmark for oil prices, fell 7.6 per cent to around $89.43 per barrel, while the West Texas Intermediate (WTI) crude dropped 6.7 per cent to $83.37 per barrel.

Vessels along Strait of Hormuz (Photo credit: Benoit Tessier/File Photo/Reuters]
July 27, 2026

CXMT becomes China’s most valuable company after IPO surge

The surge pushed CXMT’s market value to around 3.3 trillion yuan ($487 billion; £365 billion).

ChangXin Memory Technologies