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Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran

  • 7th August 2026

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  • 7th August 2026

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Seplat, Aradel, Oando post ₦7.05trn revenue amid US-Iran war

Business

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Premium Pension appoints new chairman, directors
Business

Premium Pension appoints new chairman, directors

The Board of Premium Pension Limited has announced a few corporate changes, including the appointment of Gen. Bitrus Kwaji OON as its new Chairman, beginning August 19, 2023. According to The Times, this came after the former Chairman, Mr. Ibrahim Alhassan Babayo, who had served in that capacity since 2020, announced his resignation. Senator Nenadi Esther […]

EU warns YouTube over Hamas-Israel disinformation
News Tech

EU warns YouTube over Hamas-Israel disinformation

EU Commissioner Thierry Breton has issued a letter to Alphabet CEO Sundar Pichai requesting that Alphabet be “very vigilant” in regard to anything posted on YouTube that is associated with Israel-Hamas. He informed Pichai that Alphabet has a responsibility to safeguard kids and teenagers from “violent content depicting hostage taking and other graphic videos,” noting […]

Ferrari approves crypto payments
News Tech

Ferrari approves crypto payments

Following requests from its wealthy clientele, Ferrari has begun accepting cryptocurrency payments for its high-end sports cars in the United States and will soon expand the payment option to Europe. Since Bitcoin and other cryptocurrencies are too volatile for use in trade, the vast majority of blue-chip firms have shied away from them. The use […]

FG waives VAT on CNG, sets up conversion centres
Oil and Gas

Why Nigerians substitute petrol for CNG – Association

The Nigerian Gas Association has advocated for the use of compressed natural gas as a substitute for premium motor spirit or petrol. According to The Punch, the association claimed CNG is 15% cheaper compared to petrol. This was said by the association’s president, Akachukwu Nwokedi, at a press conference in Lagos. He declared, “The Federal […]

Wema Bank, NYSC collaborate on youth empowerment
Business

Wema Bank, Assembly Hub partner to train business owners

Sara by Wema and Assembly Hub have partnered together on their business accelerator program, “The Creative Class,” which aims to empower and upskill aspiring business owners in Africa’s thriving fashion sector. According to The Punch, a statement from Wema Bank revealed that the intensive 4-week accelerator program was created to give budding and established entrepreneurs, aged 21 […]

Oil and Gas

Oil production hits 1.7m barrels daily – FG

The Federal Government reported on Friday that Nigeria’s oil production had climbed from 1.1 million barrels per day in August 2023 to over 1.7 million barrels per day. According to The Punch, the Minister of State for Petroleum Resources, Heineken Lokpobiri, said this during a meeting with journalists on Friday at his office in Abuja. […]

Telegram founder alleges French pressure to censor Romanian conservatives
News Tech

Telegram won’t take down Hamas’ posts – CEO

The CEO of Telegram, Pavel Durov, has said the messaging app would keep some of the more delicate war-related coverage available on the platform, insisting that it may prove to be a crucial avenue for information. He said contrary to claims of disinformation and misinformation, the app users can only access the information only when […]

Meta scraps fact-checking program, introduces X-like community notes feature
News Tech

Israel-Palestine conflict: Meta moves to tackle misinformation on Facebook

Meta announced on Friday that it was taking action, including eliminating praise and meaningful support for Hamas from its platforms. This came after the European Union criticised social media companies for not doing more to combat disinformation, Since the Oct. 7 attack by the Palestinian militant group Hamas against Israel, false information and altered images […]

Oil and Gas

NNPCL ends crude oil swap deal for petrol – Report

The Nigerian National Petroleum Company Limited has discontinued the crude oil exchange deal for petrol and has started using cash tenders for the purchase of fuel for the first time in ten years. According to Reuters, this change, which is consistent with President Bola Tinubu’s reform initiatives launched in May, intends to end expensive fuel subsidies […]

Jeff Bezos buys $79m mansion in Florida
featured News

Jeff Bezos buys $79m mansion in Florida

The third-richest person in the world, Jeff Bezos, has added to his real estate holdings by purchasing a $79 million property in South Florida’s exclusive “Billionaire Bunker”. The seven-bedroom home is located on the artificial island of Indian Creek in the Miami region. Bezos acquired the home for 7.1% less than its $85 million initial […]

UK regulator okays Microsoft’s acquisition of ‘call of duty’
News Tech

UK regulator okays Microsoft’s acquisition of ‘call of duty’

The British antitrust regulator on Friday approved Microsoft’s acquisition of “Call of Duty” creator Activision Blizzard after the reworked agreement resolved its initial concerns. Activision and Ubisoft Entertainment reached a streaming rights deal in August, and Microsoft last month gave remedies to make sure the deal’s conditions could be enforced by the regulator, allaying some […]

Business

LCCI laments shrinking capital into manufacturing sector

The Lagos Chamber of Commerce and Industry has expressed concern about the large inflow of loans and bonds into the industrial sector in the first half of the year. This, the chamber said, indicates the difficulties the manufacturing sector is facing, the need to fulfill immediate responsibilities, and the halting of commercial activity. The National […]

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