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US introduces $250,000 visa bond rule for some

  • 5th August 2026

Delta attracts foreign investors as Brazil, Malaysia, explore

  • 5th August 2026

Businessman accuses ‘fake’ agency DG of N400m contract

  • 5th August 2026

EFCC freezes Osun government account

  • 5th August 2026

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

Business

Delta attracts foreign investors as Brazil, Malaysia, explore partnerships

Business

Businessman accuses ‘fake’ agency DG of N400m contract scam

Business

EFCC freezes Osun government account

Business

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Amazon’s head of products Limp steps down
News Tech

Amazon’s head of products Limp steps down

Amazon’s head of consumer products, David Limp will step down from his position as head of the unit later this year. Following a Wall Street Journal report, Amazon has confirmed the information with TechCrunch. The decision was made in response to widespread claims that its significant bets on the smart home haven’t yielded the desired […]

NNPCL denies rumoured petrol price hike
featured

NNPCL denies rumoured petrol price hike

  Kazeem Owoseni Following the reports of an alleged hike in the price of premium motor spirit, popularly known as petrol in the country, the retail arm of the Nigerian National Petroleum Corporation Limited has come out to debunk the news that it has increased the price of the commodity. It would be recalled that […]

WEMA, Mastercard partner on SME training for 10,000 women
Business

WEMA, Mastercard partner on SME training for 10,000 women

WEMA Bank claims that by providing them with support and training in a variety of enterprises and professions, it will empower 10,000 young women. According to The Punch, it stated that action would be taken in cooperation with Mastercard and the Pan-Atlantic University Entrepreneurial Development Centre. The alliance, according to the executive director for retail and digital business […]

Banks dollar sale drops as naira falls to N1,479
Banking

Firms consider hedging as forex crisis affects performance

Many of Nigeria’s major corporations have suffered enormous losses as a result of the Central Bank of Nigeria’s devaluation of the naira. and financial experts have suggested using hedging as a tactic to prevent more losses. The Punch reported that following the release of the company’s financial statement for the first half of the year, […]

Banks increase lending rates after CBN’s MPR hike
featured

Banks may reconsider customer loans over naira slump – Security Firm

An analysis by a security firm, Cordros Securities shows that the release of foreign exchange is only anticipated to have a minor effect on banks’ lending-to-deposit ratios. According to The Punch, the security company said that the CBN’s proposal to re-enforce LDR could hurt Tier 1 banks, forcing them to revalue their loans and deposits in foreign […]

Netflix to roll out games for TVs, laptops
News Tech

Netflix to roll out games for TVs, laptops

Video streaming platform, Netflix will start the testing of a few games to make games playable on select TVs and laptops. Mike Verdu, the organization’s vice president of games made this known in a blog post on Monday. Starting on Monday, the company will launch a modest beta test for a restricted number of customers […]

Oil and Gas

Nigeria’s Forcados crude oil resumes exports, says Shell

An oil company official confirmed on Monday that Shell Nigeria resumed exports of the nation’s Forcados grade of crude oil on Sunday. According to Reuters, this came after loadings of the medium sweet grade were halted about a month ago due to a probable leak at the export terminal. The grade’s exports were stopped on […]

FTX CEO Sam Bankman-Fried appeals imprisonment
News Tech

FTX: Bankman-Fried to remain in jail till trial

CEO of the bankrupt FTX, Sam Bankman-Fried will be in the Brooklyn’s Metropolitan Detention Center till his trial in October. Sam Bankman-Fried will prepare for his fraud trial from the jail, where convicts ranging from the former president of Honduras to convicted sex trafficker Ghislaine Maxwell have complained of poor living circumstances. Bankman-Fried, the CEO […]

Sony Music, Triller settle copyright infringement case
News Tech

Sony Music, Triller settle copyright infringement case

Sony Music Entertainment has dropped its lawsuit against Triller over claims the short-form video platform exploited the label’s music without authorization. Sony Music and Triller informed the Manhattan federal court on Friday that they will drop the copyright complaint with prejudice, which prevents a subsequent filing. Triller agreed to pay more than $4.5 million to […]

Amazon deploys AI to enhance product review
News Tech

Amazon deploys AI to enhance product review

Amazon on Monday announced that it will start using generative AI to help customers understand what customers are saying about a product. The company claims that it will take advantage of the new technology to display a brief paragraph of text directly on the product detail page that will highlight the attributes of the item […]

Canoo signs incentive agreement with Cherokee, Oklahoma
Tech

Electric-car company Canoo seals incentive agreement with Oklahoma, Cherokee

Burgeoning startup, Canoo, has unveiled groundbreaking incentive agreements with the state of Oklahoma and the esteemed Cherokee Nation, setting the stage for a transformative injection of approximately $113 million over the course of the next decade. This visionary move has already set the wheels in motion, as Canoo has embarked on a robust recruitment drive […]

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