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UK expands work visa sponsors for Nigerians

UK unveils major visa overhaul to cut legal

  • 11th May 2025

BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

Lagos partners BOI, Sterling Bank to boost MSMEs

  • 8th May 2025
Disney, Warner Bros to launch joint streaming bundle

Disney beats Q2 expectations with strong Disney+ subscriber

  • 7th May 2025

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UK expands work visa sponsors for Nigerians

UK immigration crackdown halt visa issuance for foreign care

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SERAP sues CBN over alleged mismanagement of N100bn in "dirty" notes

SERAP calls on CBN to reveal disbursements to 774

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‘Long night ahead’ as Europe faces worst blackout in 10 years

Spanish Prime Minister Pedro Sánchez has warned of a “long night ahead” as Europe grapples with its worst blackout in over a decade, plunging businesses, public transit, and critical infrastructure into chaos. The outage, now nearing its 12th hour, remains unexplained, with no clear timeline for when power will be fully restored. Red Electrica, reported […]

Alibaba partners with Apple on AI for iPhones in China
Tech

Alibaba unveils Qwen3 AI model series amid China’s AI boom

Alibaba Group Holding has unveiled the Qwen3 series, the latest version of its flagship AI model, keeping pace with the rapid development in China’s AI sector following the rise of DeepSeek. Announced on April 29, Qwen3 reportedly matches or surpasses DeepSeek’s performance in key areas such as mathematics and coding. Alibaba also ssid that the […]

IBM to invest $150bn in US amid push for domestic manufacturing
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IBM to invest $150bn in US amid push for domestic manufacturing

IBM announced on Monday that it will invest $150 billion in the United States over the next five years, with part of the funding earmarked for expanding facilities dedicated to quantum computer production. The move aligns with a broader trend of American technology companies backing the Trump administration’s push for increased domestic manufacturing. The announcement […]

Court strikes out N1bn suit against Buhari, Emefiele over Naira redesign
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Court strikes out N1bn suit against Buhari, Emefiele over Naira redesign

The Federal High Court in Abuja has struck out a N1 billion lawsuit filed against former President Muhammadu Buhari and ex-Central Bank of Nigeria Governor Godwin Emefiele over the controversial 2023 naira redesign policy. Justice Inyang Ekwo dismissed the suit on Monday, citing the plaintiff’s failure to properly pursue the case. The suit, filed by […]

featured

CBN orders banks to adopt PAPSS for cross-border transactions

The Central Bank of Nigeria has issued a directive requiring all banks in the country to integrate the Pan-African Payment and Settlement System and begin processing transactions under the new framework. The move is aimed at enhancing intra-African trade and streamlining cross-border payment efficiency. In a statement released on Monday, the CBN’s Acting Director of […]

DeepSeek returns to South Korean markets after privacy review
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DeepSeek returns to South Korean markets after privacy review

Chinese artificial intelligence service, DeepSeek became available again on South Korean app stores on Monday, nearly two months after downloads were suspended over concerns about data privacy violations. The South Korean Personal Information Protection Commission said last week that when DeepSeek first launched in the country in January, it had transferred user data and prompts […]

OpenAI updates ChatGPT search tool to enhance online shopping
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OpenAI updates ChatGPT search tool to enhance online shopping

OpenAI announced on Monday a major update to ChatGPT’s web search feature, aimed at improving the online shopping experience for users around the world. The updated tool will now allow users to receive product recommendations, view images and customer reviews, and access direct links to purchase items. OpenAI said the system supports natural language queries, […]

E-commerce

Temu introduces 145% ‘import charges’ after Trump’s tariff

Chinese e-commerce giant Temu has introduced hefty “import charges” averaging 145% on its products, a direct response to President Donald Trump’s recently enacted tariffs. The new fees, which began appearing over the weekend following price adjustments on Friday, are significantly inflating consumer costs, often exceeding the price of the items themselves and doubling the total […]

Aviation

NCAA to sanction unlicensed airports, airstrips from January 2026

The Nigeria Civil Aviation Authority has announced that local airports and airstrips operating without valid permits will face sanctions starting January 1, 2026. This warning was disclosed by the NCAA’s Director of Aerodrome and Airspace Standards, Godwin Balang, during the Airstrip Owners and Operators Stakeholders Engagement Programme held in Lagos on Monday, according to a […]

News

Blackout hits Spain, Portugal disrupting critical infrastructure

A massive power outage swept across Spain and Portugal on Monday, plunging millions into darkness and disrupting critical infrastructure in a sudden, nationwide blackout. The outage, which struck late Monday morning local time, affected both countries, with Portuguese authorities confirming to local media that the blackout was nationwide. Similar reports surfaced from Spain, indicating a […]

News

UK’s M&S sends 200 agency workers home amid cyberattack disruptions

United Kingdom fashion company, Marks & Spencer, has instructed around 200 agency workers at its Castle Donington distribution centre to stay home due to the ongoing impact of a cyberattack. The attack has disrupted operations at the retailer’s major logistics hub, highlighting the challenges it faces as it deals with the unfolding crisis, according to […]

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