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Finance ministry demands legal basis for N680m NAICOM

  • 10th August 2026

NGX listed firms earned ₦179.5bn finance income in

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Nigeria’s monthly data consumption hits record 1.5mTB in

  • 10th August 2026

NITDA urges regulatory collaboration to support emerging technologies

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Google Gemini surpasses 1b monthly active users

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Google rebrand Bard to Gemini one year after launch
Tech

Google rebrand Bard to Gemini one year after launch

Approximately one year after introducing Bard to compete with OpenAI’s ChatGPT, the company has decided to retire the name and rebrand it as Gemini. Alongside this rebranding, the company is unveiling Gemini Ultra, its most powerful large language model to date. Notably, Gemini Ultra will be a paid service, accessible through a new $20 Google […]

Apple launches redesigned iCloud for Windows
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Apple launches redesigned iCloud for Windows

Apple has launched a revamped iCloud app for Windows, aiming to enhance the onboarding and content syncing experience for iPhone or iPad users without a Mac. The updated app, compatible with Windows 10 and 11, features a redesigned setup process for smoother onboarding and includes a syncing status indicator for various services, providing a clearer […]

Pakistan shuts down internet, phone networks on election day
Telecommunications

Pakistan shuts down internet, phone networks on election day

In order to counter any “possible threats,” Pakistan has temporarily shut down internet and mobile phone networks nationwide as the South Asian country votes for national elections. Pakistan’s interior ministry stated in a statement that the action was taken in response to recent terrorist attacks in the nation. Local journalists reported on X early on […]

Disney, Warner Bros to launch joint streaming bundle
Tech

Disney+ subscribers decrease by 1.3m Q4 2023

In the last quarter of 2023, Disney+ witnessed a decrease of 1.3 million subscribers following a significant price hike introduced in the fall. Despite this decline, the streaming platform successfully reduced its streaming business losses by $300 million from October to December. The core subscriber base, including U.S., Canada, and international users (excluding Disney+ Hotstar […]

Opay, Palmpay, others facilitate N46.6trn transactions in 2023 - NIBSS
Tech

Opay, Palmpay, others facilitate N46.6trn transactions in 2023 – NIBSS

In 2023, mobile money operators such as Opay, Palmpay, and 15 others facilitated transactions totaling N46.6 trillion, as disclosed by the Nigeria Inter-Bank Settlement Systems. This figure marked the highest annual mobile money transactions in the country, showcasing a remarkable 140% surge from the N19.4 trillion recorded in 2022. The substantial increase in transaction value […]

Equity market loses N92bn as stocks tumbles
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Nigerian stock market loses N1bn amid downward trend

The market capitalization of the Nigerian Exchange decreased slightly to N55.87 trillion on Wednesday as a result of the muted trading activity. The PUNCH reported that the investors lost N1 billion as the All-Share Index dropped 0.002 percent to 102,106.31 points at the end of trade. Tuesday’s volume of trading was 494.19 million units; on […]

Dangote names Lekki refinery road after Wigwe
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Dangote refinery fuel delayed by govt – Report

Dangote Petrochemical Refinery’s plan to release aviation fuel and diesel for sale in the Nigerian market in January appears to have been delayed by unfinished business with regulatory authorities. According to The PUNCH, the largest refinery in Africa is still struggling to get through the several levels of regulatory permissions, one week after the management […]

FG targets 6500 megawatts power generation in six months
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FG vows to increase supply of electricity

Nigerians have been reassured by Minister of Power, Bayi Adelabu, that power would be supplied incrementally. According to The PUNCH on Wednesday, Adelabu, through his media assistant Bolaji Tunji, urged composure and stated that the electricity industry would soon see growth. The nationwide grid meltdown on Sunday and persistently low power supplies preceded the minister’s […]

Top 10 countries with highest alcohol consumption
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Top 10 countries with highest alcohol consumption

The production of some of the most widely consumed alcoholic beverages, including wine, vodka, and beer, is widely recognized among the people of Europe. Drinking alcohol is a practice that dates back nearly as far as human civilization. Several of the world’s great civilizations, including ancient Egypt, Greece, India, Mesopotamia, and China, are known to […]

Ban on sachet alcoholic drinks threatens 500,000 jobs - MAN
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Ban on sachet alcoholic drinks threatens 500,000 jobs – MAN

The National Agency for Food and Drug Administration’s prohibition on the sale of alcoholic drinks, according to the Manufacturers Association of Nigeria, will result in the loss of 500,000 jobs in the Nigerian economy. The PUNCH reported that the body expressed worry about the recent prohibition on spirit drinks in sachets and PET bottles less than […]

QNET denies role in Immigration scandal
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QNET denies role in Immigration scandal

The wellness company, QNET has denied having a connection to those who were recently caught claiming to be its independent representatives. The PUNCH reported that the company said in a statement that the individuals in question were deported by the Nigerian Immigration Service after being apprehended by the Nigerian Police Force, Ogun State Command, for lacking proper travel documentation. […]

Cashless transactions hit N611tn - NIBSS
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Cashless transactions hit N611tn – NIBSS

Cashless transactions in Nigeria increased to N611.06 trillion in 2023, according to information released by the Nigeria Inter-Bank Settlement System on Wednesday. According to The PUNCH, the payouts increased from N395.38 trillion in 2022 to N55.55 trillion in 2023. NIBSS Instant Payments is an account-number-based, online real-time Inter-Bank payment solution developed in the year 2011 […]

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