Business

BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

Lagos partners BOI, Sterling Bank to boost MSMEs

  • 8th May 2025
Disney, Warner Bros to launch joint streaming bundle

Disney beats Q2 expectations with strong Disney+ subscriber

  • 7th May 2025
Trump signs executive order establishing US Bitcoin reserve

Investors flee to Europe, Japan amid trade war

  • 7th May 2025

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Amazon plans stand-alone app for payments in India

Amazon enters quantum race with launch of Ocelot chip

Tech
9mobile loses over 300,000 subscribers as roaming deal with MTN faces delays

9mobile loses over 300,000 subscribers as roaming deal with

News

Africa can lead AI-driven deep tech, says El Habti

Tech
UAE commits to $25bn Nigeria-Morocco gas pipeline project

UAE commits to $25bn Nigeria-Morocco gas pipeline project

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Marks & Spencer suffers week-long outage after major attack by hackers

Marks and Spencer Group Plc., one of Britain’s leading retailers, is grappling with a severe cyberattack that has disrupted its operations for over a week, sources familiar with the matter revealed. The attack, identified as a ransomware incident involving the potent DragonForce malware, has locked down critical systems, halting online orders and impairing payment processing […]

Business

Adidas warns Trump’s tariffs may raise US sneaker prices

Adidas has cautioned that import tariffs imposed during President Donald Trump’s administration could drive up prices in the United States for popular sneakers like the Gazelle and Samba. These tariffs, part of broader trade tensions—particularly with China—affected a wide range of consumer goods, including footwear. “Since we currently cannot produce almost any of our products […]

C-One Ventures acquires Bankly to expand fintech footprint
News

C-One Ventures acquires Bankly to expand fintech footprint

Nigerian investment firm with interests in technology and finance, C-One Ventures, has acquired Bankly, a licensed microfinance institution known for serving Nigeria’s unbanked and underbanked communities. The acquisition, announced this week, includes Bankly’s operational assets, regulatory licenses, and entire team. These will be integrated into C-One’s expanding fintech ecosystem, which already includes Fulcrum, a supply […]

Tech

Apple faces investors scrutiny amid AI delays, tariff worries

Apple Inc. is bracing for tough questions from investors during its quarterly earnings call on Thursday, with analysts spotlighting delays in rolling out key artificial intelligence features and the potential fallout from escalating U.S.-China tariff tensions. Despite a surge in demand for the newly launched, budget-friendly iPhone 16e in the January-March quarter, driven by fears […]

News

Spain gradually recovers after massive blackout disrupts services

Spain and Portugal began restoring normalcy on Tuesday following a massive blackout that paralyzed the Iberian Peninsula on Monday, marking one of Europe’s most severe power outages in recent years. While electricity supply has largely resumed, the cause of the disruption remains under investigation, raising concerns about the region’s energy infrastructure resilience. Spain’s grid operator, […]

Business

FIRS orders banks to shut unauthorized tax accounts 

The Federal Inland Revenue Service has directed all Nigerian banks to immediately identify and close any tax and levy collection accounts not authorized under its TaxPro Max system, as part of sweeping reforms to streamline tax administration in the country. In a public notice issued Monday by FIRS Executive Chairman, Zacch Adedeji, and shared with […]

News

PenCom launches N1.3b recovery drive for journalists’ unpaid pension contributions

The National Pension Commission has launched a recovery effort to secure over N1.3 billion in unpaid pension contributions owed to journalists by newspaper organizations across Nigeria, according to PenCom Director-General, Ms. Omolola Oloworaran. Speaking during a visit to the Nigerian Press Council in Abuja, Oloworaran highlighted widespread non-compliance with the Pension Reform Act 2014 (PRA […]

News

No immediate ban on solar panel imports – FG

The Nigerian Federal Government has postponed its proposed ban on photovoltaic solar panel imports, opting for a gradual approach to bolster domestic manufacturing, according to the Managing Director and CEO of the Rural Electrification Agency, Abba Aliyu. In an interview, Aliyu clarified that no immediate import restrictions are under consideration, according The Punch. While Nigeria […]

Business

Nigeria’s non-oil exports rise to $1.79bn in Q1 2025 – NEPC

Alex Omenye Nigeria’s non-oil exports have risen to $1.791 billion in the first quarter of 2025, marking a 24.75 per cent increase from the $1.436 billion recorded in the same period last year, according to the Nigerian Export Promotion Council. The Executive Director of NEPC, Nonye Ayeni, disclosed this on Monday during a press briefing […]

Mastercard cuts ties with Binance
Crypto

Mastercard adopts digital assets with new stablecoin payment option

Mastercard has officially integrated stablecoin settlement support, allowing users and merchants to conduct transactions using stablecoins like USDC. This move marks a significant step in mainstream adoption of digital assets, enabling select Mastercard merchants to accept stablecoins as payment. Mastercard is partnering with firms, including payments processor Nuvei and stablecoin issuers Circle and Paxos, to […]

Customers oppose Discos' plan to recover prepaid meters
Electricity

IBEDC must refund customers for purchasing transformers – FCCPC

The Federal Competition and Consumer Protection Commission has directed the Ibadan Electricity Distribution Company to refund consumers for expenses incurred in purchasing transformers, poles, cables, and other electrical infrastructure. The order was announced by FCCPC Chief Executive Officer and Executive Vice-Chairman, Tunji Bello, during the FCCPC Electricity Consumer Forum held in Ota, Ogun State. Represented […]

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