Business

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

  • 15th August 2026

Nigeria’s exports to China jump 80% to $2.3bn

  • 15th August 2026

Anthropic revenue soars 1,360% ahead of planned IPO

  • 15th August 2026

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RMAFC completes review of Nigeria’s revenue allocation formula

Finance

BRICS explores merging payment systems to cut transaction costs

Finance

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

Business

AI-driven cyberattacks surge 56% – IBM

Business

Blog

Policy and Regulations

FG unveils unified regulatory framework for crypto industry

The Nigeria Revenue Service has said the Federal Government is working on a unified and business friendly regulatory framework for the cryptocurrency and broader virtual asset industry. The Deputy Director and Tax Controller of the Non-Resident Persons Tax Office at the NRS, Oni Olushola, disclosed this at the second edition of the Nigeria Stablecoin Summit […]

Business featured

X scraps revenue sharing, unveils original content rewards programme

X has announced plans to discontinue its Revenue Sharing programme and introduce a new Original Content Rewards programme to reward creators for producing original content on the platform. The social media company announced the changes on Friday in a post on its X Creators handle, saying the new programme would reward creators who contribute original […]

Business

Nigeria’s external debt service falls 31.5% to $954m

Nigeria spent $954.06 million servicing its external debt obligations in the first quarter of 2026, representing a 31.5 per cent decline from the $1.39 billion recorded in the same period of 2025. The was disclosed in the latest figures released by the Debt Management Office. The Q1 2026 debt service payment comprised $308.33 million in […]

Business

Spain to impose border controls on Italian passengers

Spain’s government said on Friday it would impose border controls on flights and ships arriving from Italy from midnight Saturday until September 7, amid a dispute with its neighbouring country over irregular migration. The measures will include passport, nationality and visa checks for Italian passengers and travellers from other countries arriving from Italy, citing “persistent […]

Tech

Cloudflare unveils Kitesurf browser built for AI agents

Cloudflare has entered the growing race to develop web browsers, but its latest offering is aimed not at consumers seeking an alternative to Chrome, but at the rapidly expanding market for AI agents. The internet infrastructure company has launched Kitesurf, a cloud-hosted browser designed specifically for AI agents that can perform tasks on behalf of […]

Tech

Hackers target US financial firms in data extortion campaign – Google

Unknown hacking groups are targeting major financial and investment firms in the United States, using social engineering tactics to steal sensitive data and threaten to publish it unless victims pay a ransom, Google security researchers said in a report on Thursday. The researchers said the attacks demonstrate that despite the growing use of artificial intelligence […]

featured

Meta faces fresh $567m fine over social media harms

A New Mexico court judge in the United States on Thursday ordered Meta to pay an additional $567 million fine in a case involving allegations of social media harms and addiction. The penalty comes on top of the $375 million fine imposed in March, bringing the company’s total fines in the case to $942 million. […]

Tech

OpenAI halts some Astra activities to strengthen AI safeguards

OpenAI has paused some internal work on an upcoming artificial intelligence model to strengthen its safeguards after discovering that the system was significantly more capable of performing cybersecurity tasks. The ChatGPT maker said on Friday that it “cannot rule out” the unreleased Astra model reaching OpenAI’s “critical cybersecurity threshold,” meaning it could potentially identify and […]

Business

Burger King regains second spot in US burger market

Burger King has reclaimed its position as the second-largest burger chain in the United States by systemwide sales, overtaking Wendy’s six years after losing the spot to its rival. The shift reflects the contrasting performances of the two chains over the past two years. Wendy’s has recorded declining U.S. same-store sales for six consecutive quarters, […]

Travel

Canada visa wait-time rises for Nigerian applicants — IRCC

Nigerians applying to study or travel in Canada are facing longer estimated processing times after Immigration, Refugees and Citizenship Canada released its latest temporary residence update. IRCC updated its processing-time estimates on August 5, 2026, with the latest figures showing increases across several temporary residence categories. For Nigerian applicants, the estimated processing time for study […]

Economy

Firms, households expect inflation pressures to ease further — CBN

Nigerian firms and households expect inflation-related spending to ease over the next six months, even as energy costs remain the biggest driver of inflation perceptions. This is according to the Central Bank of Nigeria’s July 2026 Inflation Expectation Survey. The survey showed that energy costs, insecurity, interest rates and exchange rate movements remained the major […]

Travel

Trump signs new executive order banning birth tourism

United States President Donald Trump has signed a new executive order banning what his administration describes as “birth tourism,” marking a fresh attempt to narrow access to birthright citizenship despite a recent Supreme Court ruling that blocked his broader effort to end automatic citizenship for many children born in the United States. Trump signed the […]

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