Blog

Emirates to resume Nigerian flights Sept 11
Aviation

Emirates restores 96% of flight operation after Middle East disruptions

Following disruptions triggered by the recent Middle East conflict, which grounded hundreds of aircraft, global carrier Emirates has staged a strong operational rebound, restoring 96 per cent of its flight network and signalling renewed stability across international air routes. The airline, which had scaled back operations at the peak of the crisis, said it has […]

Business

UK court freezes $40m assets of Nigerian oil tycoon Abdulrahman Bashar

The High Court of Justice in London has granted a post-judgment worldwide freezing order against Nigerian businessman Abdulrahman Musa Bashar and his Dubai-based company, Ultimate Oil & Gas FZCO. The order, issued on March 30, 2026 by Justice Bryan, freezes assets valued at approximately $40.2 million linked to the Rahamaniyya Group chairman. It is intended […]

UK job vacancies drop 23%, signaling economic slowdown
Business

UK mortgage affordability hits 18-year high as repayments exceed income threshold

United Kingdom homebuyers are experiencing the toughest mortgage affordability pressures in nearly two decades, though the impact varies widely across the country, according to industry data. UK Finance, the banking trade body, said that in 2025, initial mortgage repayments typically accounted for more than a fifth (21.3 per cent) of a buyer’s gross income nationwide, […]

Tech

Google employees vote to unionise over US Military AI deal concerns

Employees working on Google DeepMind artificial intelligence projects in the United Kingdom have voted to unionise, citing concerns over a newly announced partnership between Google and the United States military. In a letter set to be delivered to management on Tuesday, staff at the AI research lab called for formal recognition of the Communication Workers […]

Hackers breach North Korean spy group’s computer
Tech

Hackers target education tech firm in major data breach

Education technology company Instructure has confirmed a data breach that exposed students’ private information, with the hacking and extortion group ShinyHunters claiming responsibility. The group says it accessed students’ names, personal email addresses, and messages exchanged between teachers and students — categories of data the company acknowledged were compromised. Instructure has become the latest major […]

MTN Nigeria Chief Executive Officer, Karl Toriola reaffirmed the company's commitment to increasing affordability and accessibility of mobile phones in Nigeria.
Telecommunications

MTN leads as telcos battle for data network supremacy — Report

Nigeria’s telecom operators are entering a new phase of competition, where the fight for the last million subscribers is giving way to a deeper battle for data supremacy, network quality, and infrastructure scale. With active subscriptions hitting 185.5 million as of March 2026 and teledensity at 85.67 per cent, the market is approaching saturation. But […]

Business

Private sector confidence rises as agriculture drives April recovery

Nigeria’s private sector maintained its recovery momentum in April 2026 as the Nigerian Economic Summit Group reported that its Business Confidence Monitor Current Business Performance Index rose to 102.1 points. NESG made this known in its latest Business Confidence Monitor released on Tuesday. The latest data shows a marginal increase from 101.2 points recorded in […]

Coinbase waives fees on PayPal stablecoin, boosting crypto payment push
Crypto

Coinbase to cut 700 jobs in AI-driven restructuring

Crypto exchange Coinbase announced on Tuesday that it will lay off around 700 employees, representing about 14 per cent of its workforce, as part of a broader restructuring plan designed to navigate market volatility and expand the use of artificial intelligence tools to boost efficiency. The overhaul will also streamline the company’s structure to five […]

Banking featured

Zenith Bank appoints Mustafa Bello to replace Jim Ovia

Zenith Bank Plc has appointed Engr. Mustafa Bello as its new Chairman, following the retirement of its founder and long-serving chairman, Jim Ovia, after the expiration of his tenure. The transition, disclosed in a corporate notice issued in Lagos on May 5, 2026, comes in line with regulatory requirements mandating a 12-year tenure limit for […]