Business

Crude oil prices rise as Iran rules out

  • 17th August 2026

India-Nigeria trade hits $9bn, rises by 26%

  • 17th August 2026

High lending rates still threaten manufacturing sector recovery

  • 17th August 2026

FG resets profit-sharing terms to attract new deep

  • 17th August 2026

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Student loan: How to apply for NELFUND

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NELFUND caps loan repayment at 10% of graduates’ monthly

Finance

Crude oil prices rise as Iran rules out talks

Business

Over 200 KASU lecturers resign over poor service conditions

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Blog

Vietnam sentences real estate to death over $27bn scam
News

Vietnam sentences real estate to death over $27bn scam

A prominent Vietnamese real estate mogul, Truong My Lan, received a death sentence on Thursday in one of the largest corruption cases in history, involving an estimated $27 billion in damages. Following a five-week trial, a panel consisting of three selected jurors and two judges rejected all defense arguments presented by Truong My Lan, the […]

World

Africa’s exports to grow by 5.3% in 2024 – WTO

World Trade Organization declared that exported goods from Africa are projected to grow by 5.3% on an annual basis in comparison with the rest of the world, according to the World Trade Organization’s trade outlook for 2024. According to the report, exports on the continent will be higher than they were before the onset of […]

Instagram enhances safety features to combat sextortion
News

Meta to protect teen users from nude images

Meta announced on Thursday that Instagram will begin testing features aimed at blurring messages containing nudity to protect teenagers and prevent potential scammers from contacting them, as part of its efforts to address concerns regarding harmful content on its platforms. Facing increasing scrutiny in the United States and Europe over allegations of addictive apps fueling […]

Financial institutions lost $12bn to cyberattacks in 20 years–IMF
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Financial institutions lost $12bn to cyberattacks in 20 years–IMF

The International Monetary Fund has disclosed that financial institutions worldwide suffered a cumulative loss of $12 billion due to cyberattacks over the past two decades. A recent release from the IMF’s April 2024 Global Financial Stability Report highlighted that $2.5 billion of this total loss occurred between 2020 and 2024. The IMF expressed apprehension over […]

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

Meta launches AI chips for IG, Facebook, WhatsApp

Meta revealed details on Wednesday regarding the forthcoming iteration of the company’s proprietary artificial intelligence accelerator chip. Earlier this year, Meta announced its intentions to roll out a new iteration of a custom data center chip aimed at addressing the increasing computational demands required to operate AI-driven products across Facebook, Instagram, and WhatsApp. Internally known […]

News

Investment in research key to innovations for ocean conservation – Oyetola

The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola has said that investing in research, innovation and technology would unlock innovations for ocean conservation resource efficiency, and climate resilience, This disclosure was revealed by the Director of Press & Public Relations of the ministry, Olujimi Oyetomi, on Tuesday, according to The Punch. Oyetola, represented […]

featured News

Wigwe: Ogunbajos sue US helicopter company over ex-NGX chairman’s death

The family of the late former Chairman of the Nigerian Exchange Group, Abimbola Ogunbanjo, who tragically lost his life in a Southern California helicopter crash in February, has taken legal action against the US helicopter company involved. In a court filing on Wednesday, Ogunbanjos alleged that the charter company, Orbic Air, flew the helicopter despite […]

Oil and Gas

FG losing big over low crude production – PETAN

The Petroleum Technology Association of Nigeria has declared that the country is losing a lot of revenue daily as a result of its inability to increase crude oil production. This was disclosed recently by the Chairman of PETAN, Wole Ogunsanya, when the representatives of the Association of Energy Correspondents of Nigeria, led by its Chairman, […]

News

FG plans N1.5tn savings, 2.5m meter installations

The Federal Government has declared that a total of N1.5 billion in revenue would be saved and about 2.5 million meters would be installed this year to bridge the metering gap in the country and ensure consumers pay the right amount for electricity. This follows the recent hike in electricity tariff for Band A customers. […]

Oil and Gas

Nigeria can leverage its gas reserves to drive industrial development – Mele Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari has said that gas has a vital role to play in driving economic growth and industrial revolution in Nigeria. This was disclosed in a statement signed by the Chief Corporate Communications Officer of NNPCL, Olufemi Soneye on Wednesday on via NNPCL’s […]

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