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Dangote refinery boosts Nigerian crude prices amid global

  • 13th June 2026

ILO adopts first global labour standard for ride-hailing

  • 13th June 2026

Electric vehicle prices drop globally in 2025, US

  • 13th June 2026

FG denies cooking gas export claims

  • 13th June 2026

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Anthropic disables Fable 5, Mythos 5 after US export

Tech

Dangote refinery boosts Nigerian crude prices amid global uncertainty

Business

ILO adopts first global labour standard for ride-hailing services

Business

OpenAI faces US probe as attorneys general issue subpoena

Tech

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Tech

Anthropic disables Fable 5, Mythos 5 after US export control order

Anthropic announced on Friday that it has disabled access to its Fable 5 and Mythos 5 artificial intelligence models following a United States government export control directive issued on national security grounds. The company said it received the order at 5:21 p.m. ET, directing it to halt access to the models for all foreign nationals, […]

Business

Dangote refinery boosts Nigerian crude prices amid global uncertainty

Dangote Petroleum Refinery’s increasing demand for Nigerian crude oil is providing crucial support to the country’s oil market, boosting premiums for key crude grades and helping sustain demand amid uncertainty in global energy markets. The refinery’s growing crude intake has strengthened the pricing of Nigerian oil grades compared with competing Angolan crudes, as geopolitical tensions […]

Business

ILO adopts first global labour standard for ride-hailing services

The International Labour Organisation has adopted the world’s first global labour standard dedicated to work carried out through digital platforms, including ride-hailing and delivery services such as Uber and Bolt. The framework, titled the “Decent Work in the Platform Economy Convention, 2026,” was approved on Friday at the 114th International Labour Conference in Geneva, Switzerland. […]

Tech

OpenAI faces US probe as attorneys general issue subpoena

OpenAI is facing scrutiny from a coalition of U.S. state attorneys general after receiving a subpoena on Friday seeking documents tied to a wide range of its business operations and user impact, according to an exclusive report by The Wall Street Journal. The subpoena, issued by the office of New York Attorney General Letitia James, […]

Business

Electric vehicle prices drop globally in 2025, US lags behind

Electric vehicles became more affordable across much of the world in 2025, but the trend largely bypassed the United States. Electric cars now account for one in every four vehicles sold globally, underscoring the rapid pace of adoption worldwide. In contrast, EV penetration in the U.S. remains around 10 per cent, according to the International […]

Business

FG denies cooking gas export claims

A senior official of the Federal Ministry of Petroleum Resources has dismissed allegations that locally produced cooking gas is being exported for foreign currency earnings at the expense of Nigerian consumers, maintaining that the federal government’s ban on Liquefied Petroleum Gas exports remains in effect despite concerns over rising prices and supply shortages. The clarification […]

Business featured

T+1 reform will cut risks, improve trading efficiency – ASHON

The Chairman of the Association of Securities Dealing Houses of Nigeria, Sehinde Adenagbe, has hailed the introduction of the T+1 settlement cycle by CSCS Plc as a landmark reform for Nigeria’s capital market, saying it will improve operational efficiency, lower settlement risks, and strengthen investor confidence. Commenting on the new settlement regime, Adenagbe said the […]

Business

World Cup set to become largest sports gambling event ever

The global sports gambling industry is banking on the World Cup to reignite growth after a period of slowing momentum and intensifying competition from prediction markets. Online betting operators have faced challenges in recent months, with customer acquisition stagnating and existing users placing fewer wagers, according to The New York Times. The industry is now […]

Finance

Naira gains against Euro, closes at ₦1573/€

The Naira strengthened against the major European currency in the 4th session of the week. According to CBN data, the Naira closed at N1573/€1 against majors in the fourth session, slightly gaining against N1574/€1 recorded on Wednesday. Market activity indicates that the EUR/NGN cross rate has clearly weakened amid ongoing pressure from naira bulls. The […]

Business

NGX’s all share index gains 0.6% despite Thursday dip

The Nigerian equities market closed the shortened trading week in positive territory, with the NGX All-Share Index advancing 0.6 per cent week-on-week despite ending Thursday’s session lower. The benchmark index shed 0.05 per cent on Thursday, June 11, to close at 244,738.74 points, while market capitalization declined by N72.74 billion to N156.97 trillion from N157.05 […]

News

Tinubu says terrorism-related deaths down by 81% since 2015

President Bola Tinubu has said Nigeria has recorded a significant decline in terrorism-related deaths, claiming an 81 per cent reduction since 2015. Tinubu made the remarks during his 2026 Democracy Day address on Friday, where he addressed key national security concerns, including the recent abductions in Oyo and Borno states. While outlining ongoing military operations […]

News

NDLEA destroys ₦2.8bn worth of illicit drugs in Edo

The National Drug Law Enforcement Agency has destroyed 73,463.21 kilogrammes of illicit drugs and psychotropic substances valued at N2.8 billion in Edo State. The public destruction exercise was carried out on Thursday in Benin City and was attended by representatives of the Edo State Government, members of the National Assembly, NDLEA officials, security stakeholders and […]

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