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Banking

ALTON demands urgent end to airtime credit regulatory dispute

The Association of Licensed Telecoms Operators of Nigeria has urged a swift resolution of the regulatory dispute disrupting Nigeria’s airtime credit market, warning that the continued impasse, despite subsisting court orders, threatens consumer protection, investor confidence, and overall regulatory stability in the telecoms sector. ALTON Chairman, Gbenga Adebayo, disclosed this in a statement, stressing that […]

OpenAI board rejects Elon Musk-led buyout offer
Tech

Judge calls for restraint as Musk–OpenAI legal battle begins

The United States judge presiding over the high-profile lawsuit between Elon Musk and OpenAI has urged the tech executives involved to limit their social media activity, following Musk’s recent critical posts about the ChatGPT maker’s leadership on X. Ahead of opening statements on Tuesday, US District Judge Yvonne Gonzalez Rogers advised Musk and OpenAI representatives […]

Nvidia shifts focus to robotics in 2025
Aviation

Japan deploys robots to assist baggage handlers at airports

Japan’s well-known but overworked baggage handlers at Tokyo’s Haneda Airport are set to get some robotic assistance, though their new teammates will require regular charging breaks. Japan Airlines plans to begin a trial of humanoid robots from early May, with the aim of eventually using them permanently to help ease the country’s persistent labour shortages. […]

Policy and Regulations

Lagos assembly backs unified tax bill, seeks public awareness

The Lagos State House of Assembly on Tuesday advanced deliberations on the Harmonised Taxes and Levies (Approved List for Collection) Bill 2025, with lawmakers unanimously endorsing the unification of taxes across the state and calling for extensive public sensitisation. The bill, which passed second reading during plenary on Tuesday, aims to establish a legal framework […]

Scams

Six in 10 Nigerian students involved in cybercrime — EFCC

The chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has raised concern that about six in every 10 university students in Nigeria are involved in cybercrime. Vanguard reported that he made the remark on Tuesday at the opening of the 8th biennial conference of the Committee of Pro-Chancellors of State-Owned Universities in Nigeria, […]

Business

Commodity prices to hit four-year high in 2026 – W’Bank

The World Bank has projected that commodity prices will climb this year to their highest level since 2022, as the ongoing conflict in Iran continues to disrupt key industrial supplies, including oil and metals. In its latest Commodity Markets Outlook released Tuesday, the Washington-based lender projected that its commodity price index will increase by about […]

Tech

Amazon unveils AI office tools to challenge Microsoft, Salesforce

Amazon Web Services on Tuesday unveiled a new set of tools for logistics workers and recruiters, called Amazon Connect Decisions and Amazon Connect Talent. Combined with a suite of health applications launched last month, the offerings signal Amazon’s growing push to apply its artificial intelligence capabilities to the enterprise software market, according to Bloomberg. According […]

Tech

Apple unveils discounted subscription option for App Store developers

Apple is introducing a new App Store subscription option designed to help developers win more subscribers through discounted, long-term pricing. Announced on Monday, the feature allows users to pay monthly while committing to a 12-month auto-renewing plan. In return, developers can offer lower rates to customers in exchange for steadier, more predictable revenue over time. […]

Snapchat gains 11m users worldwide
Tech

Snapchat unveils AI snaps for brand chat interactions

Snapchat said on Tuesday that it is introducing “AI Sponsored Snaps,” a new ad format that lets users engage directly with brands’ AI agents. Sponsored Snaps appear in the app’s main Chat tab, and while users previously could not interact with them, the updated version allows people to ask questions, receive recommendations, and have real-time […]

Business

SMEDAN laments low MSME participation in govt support funds

The Small and Medium Enterprises Development Agency of Nigeria has raised concerns over the low participation of Micro, Small and Medium Enterprises in government support programmes, despite significant interventions aimed at boosting business growth. Director General of SMEDAN, Mr. Charles Odii, raised the concern during a working visit to Falcon Chemicals Ltd in Ogun State, […]

Oil and Gas

Petrol price hit ₦1,288.54/litre in March — NBS

The National Bureau of Statistics says the average retail price of a litre of petrol witnessed an increase from N1,051.47 in February to N1,288.54 in March. The NBS said this in its Premium Motor Spirit (Petrol) Price Watch for March, released in Abuja on Tuesday. It said that the March price of N1,288.54 represented a […]

Finance

₦1m salary worthless without stable naira value — Ajaero

The Nigeria Labour Congress says a monthly salary of ₦1 million is worthless to workers without a stable naira and improved economic conditions. NLC President, Mr Joe Ajaero, said this in an interview with the News Agency of Nigeriaon Tuesday in Abuja. He said organised labour was more concerned about the value of the naira […]