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US, Iran near deal to reopen Strait of

  • 4th August 2026

ICYMI: Amazon’s market value hits $3trn on AI

  • 4th August 2026

Electricity metering hits 59.69% as DisCos add 349,357

  • 4th August 2026

Prioritise infrastructure execution over bigger budgets – Okonjo-Iweala

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Amazon faces antitrust lawsuit over treatment of delivery contractors

Tech

US, Iran near deal to reopen Strait of Hormuz

Business

ICYMI: Amazon’s market value hits $3trn on AI boom

Business

FG opens public consultation on state police bill

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Author: Onwubuke Melvin

Onwubuke Melvin

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Landing cost of imported petrol falls to N900/litre

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FG intervenes in gas supply crisis amid N2.7tn debt

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FG threatens demolition of illegal structures on Lagos shoreline

Amazon increases AI spending to $100bn
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Amazon delays Microsoft 365 rollout over security concerns

News

Banks suffer N42.33bn fraud losses in six months – Report

OpenAI employees consider selling $6bn stock
Tech

OpenAI announces ChatGPT service recovery after hours-long outage

Dangote Refinery loses N32.5bn after petrol price cut
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Dangote refinery begins petrol exports to Cameroon

Access Bank nears final stages of National Bank of Kenya acquisition
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Access Bank to acquire full stake in S’Africa’s Bidvest Bank

Tech giant Meta has unveiled ambitious plans to construct some of the largest artificial intelligence data centres on the planet,
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Meta donates $1m to Trump’s inaugural fund

Oil and Gas

IEA warns of oil surplus in 2025 despite OPEC+ delay

Reps adopt tax reforms, retains VAT at 7.5%
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Reps probes customs over smuggling, brutality, alleged complicity

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VAT proceeds won’t be mismanaged, says Oyedele

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