Business

Aradel Holdings announces plans to begin refining petrol

  • 13th August 2026

DMO raises N5.86bn via savings bond in August

  • 13th August 2026

OPay’s transaction value hits $358bn, doubles ahead of

  • 13th August 2026

Geregu Power assures stakeholders amid debt concerns

  • 13th August 2026

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Aradel Holdings announces plans to begin refining petrol in

Business

DMO raises N5.86bn via savings bond in August

Business

Apple seeks news content deals for upgraded Siri AI

Tech

Taiwan uncovers ‘first-of-a-kind’ AI-assisted cyberattack

Tech

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Tesla sets up shop in Morocco for African expansion
Tech

Tesla to fix software issues in 8,700 vehicles after recall

China’s market regulator announced on Friday that Tesla will rectify software issues in 8,700 vehicles to enhance safety and reduce the risk of accidents. This action, affecting 1,071 imported Model S and Model X, along with 7,629 China-produced Model 3 vehicles, is categorized as a product recall under Chinese regulations. It remains unclear whether drivers […]

New accounting development tool will aid transparency - FRC
Business

New accounting development tool will aid transparency – FRC

By Melvin Onwubuke The Chief Executive Officer of the financial Reporting Council of Nigeria, Dr. Rabiu Olowo has disclosed the use of the Accounting Development Tool, would enhance financial transparency in Nigeria. This was announced in a statement, when the Netherlands Consul General in Lagos, Michel Deelen, paid him a courtesy visit to discuss the […]

Nigeria to address demands of beverage workers - Minister
featured News

Nigeria to address demands of beverage workers – Minister

The Coordinating Minister for the Federal Ministry of Health and Social Welfare, Prof. Ali Pate, has pledged that the ministry would make every effort to resolve the complaints brought up by the Food, Beverage, and Tobacco Senior Staff Association members. ARISE TV reported that, the minister made this statement to association members who had gathered […]

Binance working with Nigeria govt to resolve exec's detention, CEO says
Crypto

Binance, Coinbase suffer restriction in Nigeria

Some cryptocurrency exchanges in Nigeria encountered accessibility challenges, leading to speculation about potential restrictions on crypto sites, as reported by the Financial Times. Local media previously suggested that Nigeria’s apex bank instructed the Nigerian Communications Commission, the telecom regulator, to suspend access to crypto websites, including Binance, Coinbase, and Kraken. This development came shortly after […]

FTX moves to repay investors with interest
Tech

FTX moves to sell shares in AI startup Authropic

Bankrupt crypto exchange FTX has received approval from U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware, to sell its shares in artificial intelligence startup Anthropic. The decision followed a compromise between FTX and a group of customers opposing the sale. FTX’s initial $500 million investment in Anthropic in 2021 gave it a 13.56% equity stake, […]

Standard Chartered initiates $1 billion share buyback
Banking

Standard Chartered initiates $1bn share buyback

Standard Chartered revealed a $1 billion share buyback program on Friday, concurrently expressing CEO Bill Winters’ belief that the current share price undervalues the bank’s intrinsic worth. The UK-based financial institution reported statutory pre-tax profits of $1.1 billion for Q4 2023, aligning with analysts’ expectations, and a full-year figure surging by 19% to $5.1 billion. […]

Google denies news of Gmail shutdown
Tech

Google denies news of Gmail shutdown

Google, owned by Alphabet, has refuted claims of shutting down Gmail, asserting, “Gmail is here to stay.” The denial comes in response to a viral hoax tweet that falsely asserted the platform’s intention to halt its email feature. The tech giant, operating under its parent company Alphabet, has not officially communicated any statements regarding the […]

NUPENG, EFCC collaborate to combat oil theft
News

NUPENG, EFCC collaborate to combat oil theft

The Economic and Financial Crimes Commission and the National Union of Petroleum and Natural Gas workers have joined forces to combat the evil of oil theft. According to The PUNCH, NUPENG appealed for cooperation when its president, William Akporeha, and members of his executive visited the EFCC’s corporate offices in Abuja on Wednesday. William asked […]

Investors lose N67bn as market dips
Business

Investors lose N67bn as market dips

By Melvin Onwubuke   The Nigerian stock market could not maintain the early trading trend as it returned to the red zone with equity investors loosing N67 billion on Thursday. The market capitalization settled at N55.40 trillion as selloffs in insurance, consumer goods and banking sectors hauled the All-Share Index to a 0.12 percent closing […]

Business

Manufacturing sector’s FDI rises by $644m – NBS

Foreign investments in Nigeria’s manufacturing sector increased by $644 million in 2023 to $1.5 billion from $948 million in the previous year. According to the PUNCH, the industry with the greatest investments is manufacturing, which came on top recorded in NBS’s capital importation report. The industries comprising the top three investment magnates were banking and […]

FG approves Air Peace for direct Nigeria-Brazil flights as strategic aviation routes
News

Air Peace to launch London flight with student package

Air Peace Airlines has announced that when it launches its London route, it will provide special student tickets that are affordable to students travelling to study. Business Day reported that the chairman of Air Peace, Allen Onyema, made this revelation on Thursday during the airline travel agents meeting for the London launch held at the […]

Meta's Threads app introduces live sports scores feature
Tech

Threads users can now appeal inappropriate contents — Meta

Meta’s Oversight Board, the external advisory group, declared on Thursday that it is broadening its jurisdiction to include Threads, in addition to Facebook and Instagram, to scrutinize Meta’s decisions regarding content moderation. Users on Threads now have the option to appeal to the Oversight Board if dissatisfied with Meta’s determinations on issues such as content […]

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