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Lasaco Assurance raises ₦19.3bn in rights issue

  • 28th July 2026

United Capital posts ₦24.8bn pre-tax profit in H1

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Nigeria is facing shortage of investment-ready startups, not

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AMCON recovers N165bn from bank debtors in H1

  • 27th July 2026

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Cash outside banks drop to ₦4.92trn, lowest in months

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Lasaco Assurance raises ₦19.3bn in rights issue

Business

Nigeria, Netherlands deepen partnership on migration, human smuggling

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United Capital posts ₦24.8bn pre-tax profit in H1 2026

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Technology

Honda to launch fuel cell vehicles in 2024

Globally renowned automobile company, Honda, is set to launch a fuel cell electric vehicle in 2024 based on its bestselling CR-V crossover.   The automaker said it will produce the CR-V variant at its Performance Manufacturing Center in Marysville, Ohio, as part of its strategy to go fully electric by 2040 and carbon neutral by […]

News

Kerosene hit over N1000/litre – Report

  The National Bureau of Statistics has revealed that the average retail price of household Kerosene paid by consumers in October was N1, 041.05 per litre. According to The News Agency of Nigeria, NBS stated, “National Household Kerosene Price Watch” for October 2022 that the average price was a 9.90 per cent increase over the […]

featured News

Disney buys streaming firm BAMTech

Disney is now officially a 100% stakeholder of BAMTech, the streaming technology services group that powers Disney+ and the company’s other direct-to-consumer services.   Recall that, earlier in November, Disney paid $900 million to Major League Baseball to buy out the league’s remaining 15% stake in BAMTech, the media conglomerate disclosed in an SEC filing […]

WhatsApp launches screen share
Scams

487 million WhatsApp users’ data hacked – Report

No fewer than 487 million instant messaging app, WhatsApp, users’ data have been hacked, a report by Bleeping Computer said.     The report claimed that hacker posted an ad on a well-known dark web, where the latest database of 487 million WhatsApp user mobile numbers were been sold.   ​​According to the report, the […]

News

Kogi, China partner to tackle insecurity

The Governor of Kogi State, Yaya Bello, has signed a Memorandum of Understanding with Chinese investors for the provision of a first-of-its-kind high technology security architecture that will capture movements in and out of Kogi State from a control centre.   According to The Eagle, the security architecture will be designed to decimate terrorists, bandits […]

EKEDC
Business

Cable theft: EKEDC records over N1.2bn loss

The Eko Electricity Distribution Company says it has lost over N1.2 billion of its assets and electrical installations to vandalism alone in 2022. The EKEDC General Manager, Corporate Communications, Godwin Idemudia, t said this in an interview with the News Agency of Nigeria on Tuesday in Lagos. Idemudia said this against the backdrop of frequent […]

Agribusiness

Ekiti records $350m agric investments in two years

The Ekiti State former Commissioner for Agriculture and Food Security, Dr. Olabode Adetoyi, has disclosed that the state attracted $350 million agricultural investments in the last two years.   He said several millions have been invested the sector covering food processing, manufacturing and fisheries.   Adetoyi disclosed this in a virtual forum on investments opportunities […]

Business featured

FG mandates NIN for business registration

The federal government has announced that Nigerians wouldn’t be able to start businesses without the National Identification Number. Alhaji Garba Abubakar, the registrar of the Corporate Affairs Commission, made this announcement on Monday in Abuja at the monthly reform seminar hosted by the Bureau of Public Service Reform. He stated that it is crucial to […]

Amazon deploys AI to enhance product review
Business featured

Amazon shuts down wholesale business in India

The United States online retailer Amazon on Monday said that it would shut down its wholesale distribution business in India as it moved to focus more on its core retail business. Amazon Distribution, its wholesale e-commerce website available to small neighbourhood stores in Bengaluru, Mysore and Hubli, was designed to help small stores, pharmacies and […]

Business featured

UK, Nigeria trade volume hits £5.5bn

The United Kingdom and Nigeria said the trade volume between the two countries stood at 5.5 billion pounds. This is contained in a statement issued in Abuja. it was jointly signed by the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, and Uk Trade Envoy to Nigeria, Helen Grant at the 8th ministerial meeting […]

Scams

Over 5.4 million Twitter accounts compromised, expert says

More than 5.4 million Twitter users’ records including personal phone numbers and email addresses have been reportedly hacked and made available on the dark web as part of a massive data dump.   The data dump was identified by the founder of cyber security awareness company Habitu8, Chad Loder, who shared the news in a […]

Technology

WhatsApp introduces new ‘Message Yourself’ feature

The social messaging platform, WhatsApp, has announced a new feature that allows users to send messages to themselves.   According to the announcement, the new feature is called ‘Message Yourself’ and will be officially available soon.   The ‘Message Yourself’ which will allow users send messages to themselves would be found useful for messages such […]

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