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IMF urges stronger crypto regulation in Nigeria to

  • 10th June 2026

ALTON plans N1.86tn investment to boost network expansion

  • 10th June 2026

FG pledges stronger fiscal reporting, transparency after IMF

  • 10th June 2026

FG unveils $1bn AfCFTA credit facility to boost

  • 10th June 2026

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UK refuses to back down on tech platforms crackdown

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Lagos is more expensive than US, BNXN laments after

Entertainment featured

NIS deploys tech, boosts surveillance to curb illegal migration

Travel

Oil prices rise as US strikes on Iran raise

Oil and Gas

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Business

Inflation in euro zone hits 3.2%

Inflation in the euro zone accelerated to an estimated 3.2 per cent in May, driven largely by a surge in energy prices, according to flash data released on Tuesday. The figure matched economists’ expectations in a Reuters poll and is likely to reinforce market expectations that the European Central Bank will raise interest rates at […]

Business featured

US to cut Africa visa processing centres to 20

The United States Department of State has announced plans to significantly reduce the number of diplomatic missions in Africa that process visa applications for foreign travellers, according to a report by the Associated Press. Quoting officials and an internal memorandum, it was reported on Monday that the number of US embassies and consulates across Africa […]

Business

Garri, beans prices drop as food inflation eases

The prices of key food staples, including garri and beans, declined significantly in April 2026, offering some relief to consumers as food inflation pressures continued to ease. Data from the National Bureau of Statistics showed that the average price of white garri sold loose fell by 39.86 per cent year-on-year, while brown beans recorded a […]

Business

Guinness supports Ojude Oba festival, deepens cultural marketing push

Guinness Nigeria Plc, through its Orijin brand, took part in the 2026 Ojude Oba Festival in Ijebu-Ode as the event’s official alcohol sponsor, leveraging the cultural celebration to strengthen its market presence and deepen consumer engagement. The festival drew thousands of attendees, including indigenes of Ijebuland, tourists, cultural enthusiasts, traditional institutions and other stakeholders. In […]

Business

China cracks down on ‘ghost kitchens’ amid food safety concerns

China has introduced new rules requiring food delivery platforms to verify the licences and physical addresses of restaurants, as regulators move to clamp down on thousands of “ghost kitchens” linked to growing food safety concerns. “Ghost kitchens” are takeaway-only food vendors listed on delivery apps that operate without a physical storefront. Many have recently come […]

Tech

Anthropic files confidential IPO in US

Anthropic has confidentially filed for an initial public offering in the United States, the company said on Monday. The AI startup behind the Claude chatbot—widely used by software developers and enterprise customers, has experienced rapid growth this year. The company did not disclose its target valuation or the specific terms of the offering. However, it […]

Tech

Meta fixes vulnerability after reports of Instagram account hijackings

Instagram has resolved a security issue that allowed several users’ accounts to be compromised after attackers reportedly exploited Meta’s AI-powered support chatbot to gain unauthorized access. Over the weekend, multiple users on Reddit reported that their Instagram accounts had been hijacked, while similar warnings circulated on X (formerly Twitter) from other affected users describing unexpected […]

Tech

Launchpad repair after Blue Origin explosion will take ‘Serious Time’ – NASA

NASA Administrator Jared Isaacman said on Monday that it will “take some serious time” to restore a launchpad damaged during a recent Blue Origin rocket explosion, underscoring the scale of repairs needed following the incident. The explosion occurred on Thursday during a hot-fire test of Blue Origin’s New Glenn rocket at a United States Space […]

Telecommunications

ALTON commends FCCPC suspension of telecom lending rules

The Association of Licensed Telecommunications Operators of Nigeria has commended the Federal Competition and Consumer Protection Commission for halting the enforcement of the Digital, Electronic, Online, or Non-traditional Consumer Lending regulations on telecom operators, saying the decision strengthens regulatory clarity and boosts investor confidence in the industry. The development follows the gradual restoration of airtime […]

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NDPC hit by over 2,000 cyberattacks in one week

The National Commissioner and Chief Executive Officer of the Nigeria Data Protection Commission, Dr. Vincent Olatunji, has revealed that the agency’s service portal was targeted by more than 2,000 cyberattacks within a single week, underscoring the increasing cybersecurity risks confronting government institutions amid Nigeria’s ongoing digital transformation. Olatunji made the disclosure on Monday in Abuja […]

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