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NSDC mobilises $1bn for sugar self-sufficiency

  • 18th August 2026

NAFEM turnover hits $1.41bn, highest in weeks

  • 18th August 2026

US states seek major changes as Meta child

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Elon Musk’s fortune jumps $30.7b in just 24

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US states accuse Meta of hiding Instagram addiction research

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NERC gives Kaduna DisCo 12 months to restore growth

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NSDC mobilises $1bn for sugar self-sufficiency

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US seizes servers, $1M in Bitcoin from Russian ransomware gang
News

One in five Nigerians trust Bitcoin than banks – Report

One in five Nigerian consumers are using Bitcoin for daily transactions, with 67% expressing more trust in Bitcoin than traditional services like banks, local governments, and cash for safeguarding their life savings, a new research published by Elastos, specialists in Web3 infrastructure, revealed. The inaugural BIT Index (Bitcoin; Innovation & Trust) collected data from over […]

News

FG approves Air Peace Abuja-London route – Keyamo

The Minister of Aviation and Aerospace Development, Festus Keyamo, has announced that the federal government has approved the commencement of the Abuja-London route for Nigeria’s Air Peace airline. This was disclosed in a statement during a live appearance programme on Channels Television. In the statement, Keyamo said he had approved the commencement of the Abuja […]

Tech giant Meta has unveiled ambitious plans to construct some of the largest artificial intelligence data centres on the planet,
Tech

Threads tests new feature as monthly users pass 150m

The founder of Meta, Mark Zuckerberg, has said that Threads, a social networking app that is competing with X, formerly Twitter, has reached 150 million monthly active users, up from 130 million in February. This was disclosed by Zuckerberg while Speaking on Wednesday, April 24, during Meta’s Q1 2024 earnings call, according to Znet. Zuckerberg […]

NNPCL sets fuel price above N1000 per litre
News

Scarcity: Fuel supply shortage resolved, says NNPCL

The Nigerian National Petroleum Company Limited has clarified that the shortage in the supply of Premium Motor Spirit also known as PMS recently being experienced in some parts of the country is a result of logistics issues and that it has been resolved. In addition, it also made it clear that the price of petrol […]

Crypto

Kenyan official denies fleeing Binance executive’s arrest

Kenyan officials have reportedly denied the arrest of the Binance executive, Nadeem Anjarwalla facing tax evasion charges in Nigeria. Nigerian authorities asked the Kenyan government to arrest and extradite Anjarwalla three weeks ago, people familiar with the matter said. So far, Nairobi has only confirmed his presence in the country According to Kenyan law, an […]

News

Ibom Air confirms ‘averted disaster’ on faulty Abuja-bound plane

Popular domestic airline, Ibom Air, has confirmed the report of an ‘averted disaster’ on Thursday after a heroic flight engineer intervened just in time to prevent a potentially catastrophic incident involving a fully loaded plane bound for Abuja with faulty landing gear. A former Director-General of the Bureau of Public Service Reforms, Dr Joe Abah, […]

News

FG may merge CBN’s NIRSAL, Bank of Agric

The National Council on Privatization announced its contemplation of merging the Bank of Agriculture with the Central Bank of Nigeria’s NIRSAL Microfinance Ltd. Additionally, the council intends to infuse fresh capital into these institutions to revitalize them post-merger. These propositions stemmed from recommendations put forth by the NCP’s Committee on BOA, disclosed during a council […]

Tech

China launches brain chip company to challenge Musk’s Neuralink

A Chinese state-backed company revealed a brain chip bearing resemblance to technology pioneered by Elon Musk’s startup, Neuralink. Beijing Xinzhida Neurotechnology introduced a brain-computer interface implant named Neucyber, which has undergone testing on a primate. This implant enabled the monkey to manipulate a robotic arm using only its thoughts. The state-run Xinhua news agency reported […]

News

Africa’s growth slowed by $824bn resource-backed loan – AfDB

The President of the African Development Bank, Akinwumi Adesina, stated that Africa’s potential for future economic growth is being undermined by inefficient resource-backed loans which exacerbate debt resolution and compromise countries. This disclosure was made in a statement by Adesina at the Semafor Africa Summit, taking place on the sidelines of the International Monetary Fund […]

News

FIRS demands capacity building from commonwealth tax administrators

The President of the Commonwealth Association of Tax Administrators, and Chairman of the Federal Inland Revenue Service, Zacch Adedeji, has said that to enhance tax administration processes, there is a need for increased capacity building among its members. This was disclosed in a statement, by his Special Adviser on Media, Dare Adekanmbi, on Wednesday in […]

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