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Osun to sue EFFC over frozen account

  • 5th August 2026

US introduces $250,000 visa bond rule for some

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Delta attracts foreign investors as Brazil, Malaysia, explore

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Businessman accuses ‘fake’ agency DG of N400m contract

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EFCC defends Osun account freeze, cites N11bn probe

News

Osun to sue EFFC over frozen account

Business

US introduces $250,000 visa bond rule for some applicants

Business

Delta attracts foreign investors as Brazil, Malaysia, explore partnerships

Business

Blog

Tesla share decline by 13% amid Musk backlash
News Tech

Tesla blames data breach on insider action

Tesla has blamed insider action for the over 75,000 employees of the company who were impacted by a data breach. Elon Musk’s electric car company, Tesla, disclosed in a data breach notice filed with the attorney general of Maine that an investigation had revealed that two former employees had disclosed the personal information of over […]

Meta tests in-house AI chip to reduce reliance on Nvidia
News Tech

Thailand threatens to shut down Facebook over alleged scams

Southeast Asia’s second-largest economy, Thailand, has requested a court to shut down Meta Platforms’ Facebook until it takes action against scams that have affected more than 200,000 individuals. “We are asking the court to close Facebook, not allowing it to provide services in Thailand if they let these fake pages’ scam people,” Digital minister Chaiwut […]

Gas production drops despite FG's N250bn intervention fund - Report
Oil and Gas

Nigeria, Algeria, Egypt to dominate Africa’s gas supply market from 2023 to 2027 – Report

Nigeria, Algeria, and Egypt are predicted to dominate the African natural gas and liquefied natural gas supply market from 2023 to 2027. According to The Times, data from the African Energy Chamber’s August 2023 State of African Energy report confirmed this. The analysis estimates that Africa’s natural gas supply will be at 25.5 billion cubic feet […]

South Africa to alter taxation laws for remote workers
News Tech

South Africa to alter taxation laws for remote workers

A draft of the proposed tax administration bill, which will attempt to alter how remote employees pay taxes, has been shared by South African Revenue Services. One of the suggested bills seeks to eliminate the distinction between remote and non-remote workers and to mandate pay-as-you-earn tax deductions by employers of remote employees based in South […]

Pension funds climb by 22% to N18tn - NAICOM
Business

Authorized insurance companies increase to 67 – NAICOM

The National Insurance Commission’s most recent numbers, which were obtained on Sunday, show that there are now 67 insurance companies with operating licenses in Nigeria. According to The Punch, NAICOM stated on Sunday that the number of companies increased from 54 to 67 in the most recent report. According to NAICOM’s report, the insurance firms consisted of “Life, 13; […]

Why Nigerian insurance is one of the lowest globally - CPPE
Business

Why Nigerian insurance is one of the lowest globally – CPPE

The prevalence of insurance in Nigeria is one of the lowest in the world, according to the chief executive officer of the Centre for The Promotion of Private Enterprise, Dr. Muda Yusuf. The Punch reported that he urged business owners to use advocacy and other strategies to increase penetration. He made this declaration in a […]

Business

Universal Insurance set to launch tech products

Universal Insurance Plc has developed a mobile application and a network platform to increase insurance penetration, which is a key step towards increasing insurance outreach and financial inclusion. The Punch reported that the company’s managing director, Benedict Ujoatuonu, spoke at the reveal on the potential of technological improvements to drive insurance product sales and cater to […]

How to prevent building collapse in Lagos - Speaker Obasa
Business

How to prevent building collapse in Lagos – Speaker Obasa

Regulation adherence is essential in preventing building collapse in the country, according to State House of Assembly Speaker and expert on building collapse, Mudashiru Obasa. According to The Punch, speaking at a recent event held by the Building Collapse Prevention Guild in Lagos, he said the laws and regulations should be viewed as instruments of guidance rather […]

Meta expands Threads ads globally amid rising competition with X
News Tech

Threads to launch web version

Threads, X’s major rival, will launch a web version of the app soon, Wall Street Journal reported. The change was disclosed by Instagram’s CEO, Adam Mosseri, on Friday and he claimed that internal testing had already begun, according to the WSJ Before, users had to use their smartphones in order to access all of the […]

United Capital endorses CBN's stakeholder partnership
Banking

How CBN issued N38bn loan to mortgage banks in 2022 – Report

The Central Bank of Nigeria disbursed loans and advances of N37.6 billion to mortgage banks in 2022, according to the top bank’s audited financial statement. The Punch reported that the Federal Mortgage Bank of Nigeria and the Nigerian Mortgage Refinance Company are two mortgage banks that have received loans from the CBN. According to the borrowings […]

Business

Experts express concern over cost of CNG vehicle conversion

Some experts in the oil and gas business have raised worry that the expense of converting automobiles to run on compressed natural gas may be prohibitively expensive for many Nigerians. The Times reported that experts indicated that in order to entice Nigerians to use CNG as a substitute for petrol, the government may need to subsidize […]

Elon Musk’s xAI in talks to raise $10bn at $75bn valuation
News Tech

Musk’s X suffers glitch, deletes tweet from 2014

X, formerly known as Twitter, is experiencing trouble displaying older tweets that had photos attached or any hyperlinks that had been shortened using the URL shortener integrated into Twitter. It’s unclear when the issue began, but Tom Coates brought it out in a post on Saturday after a Brazilian vlogger named @DaniloTakagi had made the […]

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