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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

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Osun to sue EFFC over frozen account

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

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Delta attracts foreign investors as Brazil, Malaysia, explore partnerships

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Raven Bank
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Raven Bank offers free Internet to varsity

Raven Bank has introduced Feather Internet in order to improve connectivity and change the education industry. The bank made this announcement at the groundbreaking launch of the first Feather Internet Programme at Ignatius Ajuru University in Port Harcourt, Rivers State. According to a release, the Feather Internet Programme has expanded free high-speed Internet access on campus, giving […]

Google signs $3bn US hydropower deal amid AI energy race
News Tech

Ex-Google researchers launch AI company

Two well-known former Google researchers, David Ha and Llion Jones, unveiled Sakana AI on Thursday, a brand-new AI firm based in Tokyo. According to Jones, Sakana AI will concentrate on developing fresh architectures for foundation models. Jones is the fifth author of Google’s research paper “Attention Is All You Need” from 2017, which presented the […]

MoniePoint begins retail banking, launches app, debit card
Banking

MoniePoint begins retail banking, launches app, debit card

Moniepoint has announced its entry into personal banking with the launch of a customer app and a debit card, marking a new stride in the fintech industry. With a focus on retail banking, Moniepoint will face competition from PalmPay and OPay, which also provide these services. Users of MoniePoint’s new app will be able to […]

Microsoft to shut down Xbox 360 store
News Tech

Microsoft to shut down Xbox 360 store

Microsoft said on Thursday that it would discontinue the online marketplace and store for the Xbox 360 in order to concentrate on its newest system and subscription service, Game Pass. “A lot has changed since the Xbox 360 launched in 2005. Technology has evolved, expectations from players have shifted, and we are focused on making […]

Bolt hits 250m ride after seven years in Nigeria
Banking

Bolt hits 250m ride after seven years in Nigeria

In an impressive stride, leading ride-hailing and gig work company Bolt has notched over 250 million rides in Nigeria since its 2016 debut, covering a staggering 3 billion kilometers, according to a statement from the company provided to Technext. Bolt Nigeria reported a remarkable seven-fold growth from its commencement in 2016, as it commemorates a […]

"Barbie" tops Nigerian Box Office, earns N177m
Business

“Barbie” tops Nigerian Box Office, earns N177m

“Barbie,” a movie directed by Greta Gerwig, has retained its top spot at the box office in Nigeria, earning N177 million in just four weeks. According to Nairametrics, the film, which has captured moviegoers’ attention since its debut, demonstrated outstanding staying power by maintaining the top spot throughout its run in Nigerian theatres. From its […]

Transcorp-led investors acquire 60% stake in Abuja DisCo
featured

Transcorp-led investors acquire 60% stake in Abuja DisCo

Abuja Electricity Distribution Company has been purchased by a group of investors led by Transcorp Power Limited for $60 million. The Managing Director/Chief Executive Officer (MD/CEO) of AEDC will now be Christopher Ezeafulukwe, who is currently the MD/CEO of Transcorp Power Limited. The hiring of Ezeafulukwe is anticipated to play a significant role in reviving AEDC, […]

Consumer spending drop over China’s economic difficulties
News Tech

Consumer spending drop over China’s economic difficulties

Consumer spending worldwide is expected to be at its lowest level since 2013 due to China’s economic difficulties. According to data from Counterpoint Research, the total number of smartphones scheduled to be shipped this year will drop by 6 percent to 1.15 billion units. According to the firm, economic challenges in China have reduced consumer […]

FBS Re records N16.6bn premium growth
Business

FBS Re records N16.6bn premium growth

FBS Reinsurance Limited, often known as FBS Re, a recently created reinsurer in Nigeria, saw a 110 percent increase in gross written premium to N16.6 billion in 2022 from N7.9 billion in 2021. Additionally, the Company’s underwriting profit increased by 545 percent, from N813 million in 2021 to N5.244 billion, with conservative risk management and […]

News Tech

Google to notify users of changes in extensions

The upcoming major release of Google’s popular web browser, Chrome 117, will alert users if an installed extension is no longer offered by the Chrome Web Store. For a variety of reasons, Google may remove browser extensions from the official Chrome Store for extensions: extension authors may remove them from the Store, and Google may […]

Exporters condemn extra charges at export processing terminals
Business

Port congestion persists as scanners remain underutilized – Report

Following signs that the installed scanners are currently underutilized, there appear to be additional obstacles in decongesting Nigeria’s seaports in Lagos. The low turnover has been attributed by NCS, Apapa Area 1 Command, and agents working at a port in Apapa to the terminals’ inability to place containers for scanning. They made this known when a delegation […]

Flood: Akwa Ibom fish farmers lament N100bn loss
News

Flood: Akwa Ibom fish farmers lament N100bn loss

The Akwa Ibom Fisheries Association’s top officials have lamented the loss of over N100 billion due to flooding, the rising price of fish feed, and the absence of electricity, warning that further neglect of the fish farming industry may result in job losses. According to Vanguard, the group’s president, Mr. Okon Amah, said in a […]

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