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Tony Elumelu named Seplat chairman in major leadership

  • 9th June 2026

OpenAI files for IPO as AI firms race

  • 9th June 2026

Nigeria’s transmission grid not limiting electricity supply –

  • 9th June 2026

US judge blocks Trump’s $100,000 H-1B visa fee

  • 8th June 2026

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Nigeria’s economy stronger but poverty worsened, IMF warns

Economy

Africa loses billions to corruption, recovers little, Kenyan envoy

Economy

Tony Elumelu named Seplat chairman in major leadership shakeup

Business

Tinubu approves ₦10bn to tackle Ebola threat in Nigeria

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Blog

Dating sites Tinder, Hinges sued for exploiting user addiction
News Tech

Tinder to use AI to pick dating profile photos

The parent company of Tinder, Match Group, revealed that it was piloting an AI-powered technology that would analyse images in a user’s photo album and choose five that best represented them online. Around one-third of Tinder users stated they would “absolutely” want to utilise generative AI when developing their dating profile, according to Tinder, which […]

Nigerian Exchange ahead in Africa with 33.70% gain
Economy

Naira rises 4.31% at investors, exporters window

The naira strengthened against the dollar on Friday, trading at N743.07 in the Investor’s and Exporters’ window. When compared to Thursday’s exchange rate of N776.50 for one US dollar, the Naira increased by 4.31 percent. On Friday, the open indicative rate reached a high of N782.28 to the dollar. Prior to settling at N743.07 during […]

Abuja light rail set for N5bn repairs - FG
Transportation

Abuja light rail set for N5bn repairs – FG

The Abuja Rail Mass Transit System, one of Nigeria’s only metro systems, will soon be upgraded, according to the Nigerian government. The Permanent Secretary FCTA, Mr. Olusade Adesola, announced the N5 billion contract on Friday. He further stated that China Civil Engineering Construction Corporation Ltd would complete the project in a year. The goal, according to Mr. Adesola, is to […]

Obi offers measures to prevent exit of multinational companies from Nigeria
Business

GSK: Nigeria’s poverty index getting worse, Peter Obi laments

The presidential candidate of the Labour Party in the 2023 election, Peter Obi, has expressed concern about GlaxoSmithKline’s impending departure from Nigeria after 51 years of operations. The Punch reported that this came after the business announced plans to stop producing vaccines and prescription drugs in the country. GlaxoSmithKline was incorporated in Nigeria in June 1971 and […]

Okada fares hit 258% in four years - NBS
Business

Okada fares hit 258% in four years – NBS

The average okada (motorcycle) fare increased by 258.2% between May 2019 and May 2023. This information was from the National Bureau of Statistics’ Transport Fare Watch which states that between May 2019 and May 2023, the average fare for okada rides increased from N129.69 to N464.55. The average fare paid on Okada transport in May 2023 was […]

Sterling Bank CEO acquires 50m additional shares
Banking

Sterling Bank CEO acquires 50m additional shares

The chief executive officer of Sterling Bank, Abubakar Suleiman, has bought N168 million for 50 million shares of Sterling Financial Holdings Company Plc. The Punch reported that this information was provided in a corporate notice on directors’ transactions that was submitted on Friday to the Nigerian Exchange Limited. Suleiman, a non-executive director of the HoldCo, purchased […]

Manufacturers warn price hikes to persist without solutions
Business

MAN trains exporters on maximizing AfCFTA

  The Manufacturers Association of Nigeria, through its Export Promotion Group, has taught Nigerian exporters on how to capitalize on opportunities in the African Continental Free Trade Area. According to The Punch, it developed the capacity during a two-day workshop with the theme “Exporting under the AfCFTA” that was held in Lagos in cooperation with […]

NCAA discovers illegal fuel suppliers at airports
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NCAA discovers illegal fuel suppliers at airports

The Nigerian Civil Aviation Authority has found several unlicensed JET A1 marketers operating out of Nigerian airports and selling the product to unwary airlines. According to The Punch, while looking into the cause of the jet fuel pollution, of which Max Air was a victim, it uncovered this revelation. The infiltration of unregistered marketers was […]

News

W’Bank, UN support renewable energy investments in Nigeria

The Chief Executive Officer and Special Representative of the United Nations Secretary-General for Sustainable Energy for All, Damilola Ogunbiyi, and the recently appointed President of the World Bank, Ajay Banga, have expressed their support for private sector investments in renewable energy.   According to The PUNCH, they disclosed this in a statement on Friday during […]

Spotify launches ‘Upcoming Releases’ hub to track new albums
News Tech

Spotify to launch tool for software development teams

Spotify is launching “Confidence,” a new commercial tool for software development teams based on its in-house experimentation platform. “Spotify’s data scientists and engineers have been developing and honing our product testing methods for years,” Spotify said in a statement. Teams can easily set up, conduct, coordinate, and analyse their own user tests with the help […]

News

PHOTOS: Shettima receives briefings from BPE, NDPHC

Vice President Kashim Shettima on Friday received briefings on the operations of two agencies under his supervision, the Niger Delta Power Holding Company and the Bureau of Public Enterprises.   According to a release signed and issued by the Director Information, Office of the Vice President, Olusola Abiola, the chief executives and management staff of […]

Electric car maker Nikola gets new CEO
News Tech

Electric car maker Nikola gets new CEO

Nikola Corp, a manufacturer of electric trucks, announced on Friday that president and CEO Michael Lohscheller will step down due to a family health concern. According to a statement from the corporation, Lohscheller has decided to resign due to a family health issue and will be returning to Europe. Board Chairman Steve Girsky, a former […]

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