Business

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

  • 15th August 2026

Nigeria’s exports to China jump 80% to $2.3bn

  • 15th August 2026

Anthropic revenue soars 1,360% ahead of planned IPO

  • 15th August 2026

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RMAFC completes review of Nigeria’s revenue allocation formula

Finance

BRICS explores merging payment systems to cut transaction costs

Finance

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

Business

AI-driven cyberattacks surge 56% – IBM

Business

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Investment

FG optimistic Nigeria NOW! Expo will boost mining investments

The Federal Government has expressed optimism that the Nigeria NOW! Global Investors Expo 2026 will attract fresh investments into the solid minerals sector and deepen economic diversification efforts. The Minister of Solid Minerals Development, Dr. Dele Alake, represented by the Director-General of the Mining Cadastre Office, Engr. Simon Nkom, stated this on Thursday at the […]

Business

FG unveils Tinubu Light Initiative for one million MSMEs

The Federal Government has unveiled the Tinubu Light Initiative, a programme designed to provide affordable renewable energy solutions to one million micro, small, and medium enterprises. Projections also indicate the initiative could stimulate more than N172 billion in economic activity annually and create over 50,000 direct jobs. Minister of Innovation, Science and Technology Dr. Kingsley […]

Business

NiDCOM hails Nigeria’s first indigenous female neurosurgeon’s US hospital appointment

The Nigerians in Diaspora Commission has congratulated Nigeria’s first indigenous female neurosurgeon, Dr Salamat Ahuoiza Aliu-Ibrahim, on her appointment as the Medical Director of a children’s hospital in the United States, describing the achievement as a testament to the excellence of Nigerians in the diaspora. In a statement issued on Thursday in Abuja, NiDCOM’s Director […]

Business

NMDPRA proposes ban on fuel price fixing

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has introduced draft regulations aimed at outlawing anti-competitive practices in the country’s petroleum sector, including fuel price fixing, supply restrictions, market allocation and coordinated commercial decisions that undermine fair competition. The proposed Midstream and Downstream Petroleum Prevention of Anti-Competitive Practices and Behaviour Regulations, 2026 would also prohibit […]

Business

Tinubu gets ICPC report on alleged fake agency

President Bola Tinubu on Thursday received the interim report of the Independent Corrupt Practices and Other Related Offences Commission’s investigation into the alleged fictitious Presidential Foreign Investment Promotion Council, with the anti-graft agency recommending the immediate prosecution of Mr Adeniyi Adeyemi Matthew. Speaking to State House correspondents after presenting the report at the Aso Rock […]

Business

NIA credits NAICOM’s oversight for successful insurance recapitalisation

The Nigerian Insurers Association has credited the successful completion of the insurance industry’s recapitalisation exercise to the National Insurance Commission’s clear regulatory framework, structured implementation process and effective supervisory oversight. The association made the statement after the conclusion of the industry-wide recapitalisation programme, under which 43 insurance and reinsurance companies met the July 31, 2026 […]

Business

Tinubu attributes strong corporate performance to FX, subsidy reforms

President Bola Tinubu has credited the strong first-half 2026 financial performance of several companies listed on the Nigerian Exchange with the economic reforms introduced by his administration since mid-2023. In a statement issued on Wednesday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, the Presidency said measures such as the unification of […]

Tech

Moove raises $250m to scale autonomous vehicle business

Mobility technology company Moove has raised $250m in a Series C funding round to accelerate the expansion of its autonomous vehicle business, marking a new phase in the company’s evolution from vehicle financing and ride-hailing operations. The funding round, which valued the company at $2.1bn, was led by Mubadala Investment Company, with Woven Capital and […]

Tech

Meta AI model breaches external system during security test

Meta has revealed that one of its artificial intelligence models breached the systems of an external organisation during a security evaluation after a configuration error inadvertently granted it internet access. The company said the incident was caused by a misconfiguration that enabled the AI model to access the internet unexpectedly, making it the latest AI […]

featured News

Tinubu orders EFCC to unfreeze Osun govt accounts immediately

President Bola Ahmed Tinubu has directed the Economic and Financial Crimes Commission to immediately unfreeze the bank accounts of the Osun State Government by returning to court to vacate the freezing order. The President said the action could affect public confidence ahead of the August 15 governorship election. In a statement issued on Thursday, the […]

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