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Tony Elumelu named Seplat chairman in major leadership

  • 9th June 2026

OpenAI files for IPO as AI firms race

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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

Elon Musk's X fights Indian court's content-removal ruling
Tech

Elon Musk’s X fights Indian court’s content-removal ruling

Social media giant X, formerly known as Twitter, is taking a stand against a recent Karnataka High Court decision that deemed it non-compliant with content removal orders. X argues that the ruling could set a dangerous precedent, enabling the government to impose more extensive content blocks in the future. Last year, in July 2022, X […]

Binance records $90 billion Crypto trade in China amidst ban
Crypto

Binance records $90 billion Crypto trade in China amidst ban

The world’s largest cryptocurrency exchange, Binance, reportedly facilitated a staggering $90 billion worth of cryptocurrency trades in China. Meanwhile, crypto trading has been banned in China since 2021. The transactions, unveiled by the Wall Street Journal on Tuesday, were detailed in internal figures and confirmed by current and former Binance employees. Curiously, this bustling trading […]

FG to restart cash transfers to poor Nigerians
Policy and Regulations

Kuda, mortgage banks, others excluded from cash withdrawal limits

The Central Bank of Nigeria has excluded primary mortgage Banks and Microfinance Banks providing banking services to people experiencing poverty from its cash withdrawal limit.   In a circular released on Monday, July 31, to the banks and other financial institutions and signed by the Director of Payment System Management, Musa Jimoh, the bank said […]

Lafarge Africa shareholders to receive $30bn dividend
Business

Lafarge Africa reports 29% profit increase

Lafarge Africa’s 2023 second-quarter results have shown that pre-tax profits rose by 29.02% year over year to a total of N32.787 billion. According to The Times, in comparison to N46.879 billion during the same period last year, this increased the half-year pre-tax profits to N55.315 billion. Pre-tax profit increased primarily as a result of rising […]

FTX's Bankman-Fried denies witness tampering
Crypto

FTX’s Bankman-Fried denies witness tampering

The founder of the embattled FTX cryptocurrency exchange, Sam Bankman-Fried, has vehemently denied seeking to intimidate witnesses before his upcoming October fraud trial. Addressing US District Judge, Lewis Kaplan, Bankman-Fried dismissed accusations of attempting to sway the case by providing writings to a New York Times reporter regarding his former partner Caroline Ellison. Bankman-Fried’s lawyer, […]

China warns against geographic info data breaches
featured News Tech

Hackers crash bank operations in Italy

The Italian cyber security agency on Tuesday, reported that it had found evidence of hacking attacks on websites belonging to at least five banks. A spokesperson for the agency told Reuters that Intesa Sanpaolo, Monte dei Paschi di Siena, BPER Banca, FinecoBank, and Banca Popolare di Sondrio were among the targeted financial institutions. The agency […]

World Fintech Day: All you need to know about the fintech industry
Uncategorized

World Fintech Day: All you need to know about the fintech industry

In a world rapidly embracing digitalization, the financial technology (fintech) industry stands at the forefront of revolutionizing how we manage money, conduct transactions, and access financial services. On World Fintech Day, a global celebration of innovation and transformation in the financial sector, here’s all you need to know about the world of fintech and how […]

YouTube music to support subscribing to podcasts via RSS
News Tech

Youtube summarizes video with AI in latest test

YouTube is currently testing a new feature that uses AI to automatically create video summaries. The summaries have started to display on the watch and search pages, as mentioned on the support page, although they are currently only accessible for a small selection of English-language videos and viewers. According to the video platform, the AI-generated […]

Amazon launches general-purpose AI agent Nova Act
News Tech

Amazon breaks into healthcare with online clinic

Amazon has announced access to Amazon’s virtual healthcare platform, Amazon Clinic as the company ventures into health. “By creating a healthcare experience that is transparent and simple, we hope to make health care more accessible for all,” the chief medical officer and general manager at Amazon Clinic, Dr. Nworah Ayogu, said in a blog post. […]

FCMB raises ₦147.5bn in oversubscribed public offer
Business

FCMB Group records 148% growth H1 2023

FCMB Group Plc reported excellent results across all major metrics, with a 148% increase in profit before tax of N38.2 billion from January to June this year compared to N15.4 billion in the same period of 2022. Highlights from the diverse Group’s unaudited six-month results, which were made public on the Nigerian Exchange Limited floor, revealed […]

Imo-Abasi Jacob named Champion Breweries director, acting chair
Appointments

Imo-Abasi Jacob named Champion Breweries director, acting chair

Champion Breweries Plc has named Mr. Imo-Abasi Jacob as the new director and the new acting chairman of the company.  This information was provided in a formal statement sent to Nigeria Exchange Limited and signed by the company secretary, Chief Tosan Atle Aiboni. An excerpt from the official statement is provided below: “With effect from July 27, 2023, […]

Reddit launches AI-powered feature to compete with search engines
News

Reddit introduces features for logged out users

Alex Omenye Reddit is introducing a variety of features to its website for users who are not signed in. These features include better performance, a more useful search results page, better communities, and related post suggestions. The service provider claimed in a blog post on Monday that users are going to Reddit from various search […]

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