Business

US recognises Nigerian-American fintech entrepreneur George Azih

  • 21st August 2026

Geregu Power confirms payment of N40bn bond coupon,

  • 21st August 2026

Femi Otedola’s net worth nears $2bn

  • 21st August 2026

NNPC raises alarm over Nigeria’s growing energy skills

  • 21st August 2026

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US recognises Nigerian-American fintech entrepreneur George Azih

Business

Massive gridlock leaves commuters stranded overnight on Benin-Agbor Road

Transportation

OpenAI expands ChatGPT to Apple messages, raising privacy concerns

Tech

Canada to admit 230,000 foreign workers through 2026 programmes

Travel

Blog

Banking

Four banks publish 321,181 dormant accounts in compliance with CBN directive

Four banks have disclosed details of at least 321,181 dormant accounts in compliance with a directive from the Central Bank of Nigeria. The move comes amid warnings from economic analysts that the CBN’s directive raises serious concerns over customer communication, account reactivation processes, business closures, and data privacy. The listed dormant accounts cut across individuals, […]

Lufthansa pilots hold second strike in one week
Aviation

Lufthansa expands fleet with Airbus, Boeing deals

Lufthansa Group has placed an order for 20 new long-haul aircraft from Airbus and Boeing as part of its fleet renewal strategy. The deal includes 10 Airbus A350-900s and 10 Boeing 787-9 Dreamliners, with a combined list price of around $7.7 billion. Deliveries are scheduled between 2032 and 2034, and the new aircraft will replace […]

Aviation

NCAA to replace paper-based licensing system with digital platform

The Nigerian Civil Aviation Authority has unveiled plans to replace its manual, paper-based licensing system with a fully digital platform covering pilots, engineers, medical personnel, and other aviation professionals. The new system, scheduled to commence on 2 July 2026, is designed to remove long delays and bureaucratic bottlenecks that have historically slowed down the issuance, […]

Business

World Bank warns rising oil prices could worsen food insecurity

The World Bank has cautioned that a sustained rise in oil prices driven by escalating tensions in the Middle East could deepen food insecurity in developing countries, as higher energy and transport costs feed into global commodity prices. In its latest Commodity Markets Outlook, the bank projected that global commodity prices will increase by 16 […]

featured

Nigeria can no longer rely on borrowing for development – Oyedele

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Tuesday said Nigeria can no longer depend primarily on borrowing to finance its development needs, stressing the urgency of building a sustainable fiscal system to support key sectors of the economy. Oyedele made the remarks while addressing participants at the 28th Annual […]

Aviation

ValueJet pledges stronger links between major cities

The Managing Director and Accountable Officer of ValueJet, Omololu Majekodunmi, has reaffirmed that the airline is focused on strengthening connectivity between major cities in Nigeria by delivering safe, reliable, and customer-oriented flight services. He made this known after the announcement of the airline’s new Lagos–Benin service, set to begin operations on May 18. Majekodunmi explained […]

eBay plans to lay off 1,000 workers
Business

eBay rejects GameStop acquisition bid, cites lack of credibility

The board of eBay has turned down US video game retailer GameStop’s surprise $55.5bn (£41bn) bid for the online marketplace, calling the proposal “neither credible nor attractive”. Earlier this month, GameStop made an unsolicited offer for eBay, publishing a letter on its website that outlined a deal split between cash and stock. The move came […]

Netflix commits over $23.5m into Nigeria entertainment industry - FG
featured Policy and Regulations

Netflix sued in US for spying on children, other users

Netflix has been sued in Texas over claims it collects data belonging to children and adults in the United States without their consent, and uses “addictive” design to keep them hooked. BBC reported that Texas Attorney General Ken Paxton accused the streaming giant of “spying” on citizens saying it “records and monetises billions” of pieces […]

Business

FCCPC calls for stronger safeguards for electricity consumers in Lagos

The Federal Competition and Consumer Protection Commission has urged stronger safeguards for electricity consumers in Lagos amid ongoing supply challenges. This was contained in a statement on Tuesday by FCCPC Director of Corporate Affairs, Ondaje Ijagwu. The move follows the stance of the Lagos State Electricity Regulatory Commission in its 2025 Lagos Electricity Market Report, […]

Tech

Amazon unveils ultra-fast 30-minutes delivery service across US

Amazon on Tuesday unveiled a new 30-minute delivery service called “Amazon Now,” rolling out across dozens of cities in the United States. The ultra-fast option lets customers order from “thousands” of products, according to Amazon, including fresh groceries, everyday household essentials, and other locally tailored items. launch, Amazon Now will be broadly available in Atlanta, […]

Hackers breach North Korean spy group’s computer
Tech

Instructure reaches agreement with hackers behind Canvas data breaches

Instructure, the company behind the widely used school information platform Canvas, said Tuesday that it has “reached an agreement” with the hackers responsible for two breaches of its systems that led to the theft of vast amounts of student and staff data and disrupted thousands of schools. The financially motivated cybercrime group ShinyHunters claimed responsibility […]

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