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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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Trump signs executive order establishing US Bitcoin reserve

Harvard hit with another $450m funding cut by Trump

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Nvidia unveils new AI, gaming chips, desktop computer at CES 2025

Nvidia to sell 18,000 AI chips to Saudi Arabia

Tech
EU to hold Temu, Amazon liable for dangerous goods

Relief for Shein, Temu as US relaxes tariffs

E-commerce

CBN schedules 300th MPC meeting for May 19-20

Economy

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Spotify shares slide to 7% despite subscriber rise
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Spotify shares slide to 7% despite subscriber rise

Spotify shares fell to seven per cent on Tuesday in a lower-than-expected second-quarter profits forecast, citing a sharp rise in salary-related taxes. This move overshadowed strong user numbers. The Swedish music-streaming giant reported that higher employee-related costs—largely tied to a spike in its stock price—led to 76 million euros ($86.47 million) in charges for the […]

France accuses Russia of repeated attacks since 2021
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France accuses Russia of repeated attacks since 2021

France has publicly accused Russia’s GRU military intelligence agency of orchestrating a series of cyber attacks on government ministries, defence contractors, think tanks, and other institutions since 2021, in what it described as a campaign to destabilise the country. In a statement issued Tuesday, France’s foreign ministry identified the culprit as GRU unit APT28, a […]

Banks offload final $1.2bn debt From Musk’s Twitter buyout
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Banks offload final $1.2bn debt from Musk’s Twitter buyout

A group of major banks, including Morgan Stanley, Bank of America, Barclays, and Mitsubishi UFJ, has sold the final portion of the debt tied to Elon Musk’s $44 billion acquisition of Twitter, now known as X, Reuters reported on Monday. The $1.2 billion in loans were sold at 98 cents on the dollar with a […]

Mastercard launches CBDC Partner Program to foster crypto discussions
Tech

Mastercard empowers AI agents to shop, process payments for you

Mastercard Inc. announced a groundbreaking collaboration with Microsoft Corp. and other top artificial intelligence firms to empower AI agents to shop and process payments online for consumers. The initiative, unveiled Tuesday, allows AI tools like Microsoft’s Copilot to autonomously search for products, present options, and complete purchases while suggesting optimal payment methods. For instance, a […]

News

Marks & Spencer suffers week-long outage after major attack by hackers

Marks and Spencer Group Plc., one of Britain’s leading retailers, is grappling with a severe cyberattack that has disrupted its operations for over a week, sources familiar with the matter revealed. The attack, identified as a ransomware incident involving the potent DragonForce malware, has locked down critical systems, halting online orders and impairing payment processing […]

Business

Adidas warns Trump’s tariffs may raise US sneaker prices

Adidas has cautioned that import tariffs imposed during President Donald Trump’s administration could drive up prices in the United States for popular sneakers like the Gazelle and Samba. These tariffs, part of broader trade tensions—particularly with China—affected a wide range of consumer goods, including footwear. “Since we currently cannot produce almost any of our products […]

C-One Ventures acquires Bankly to expand fintech footprint
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C-One Ventures acquires Bankly to expand fintech footprint

Nigerian investment firm with interests in technology and finance, C-One Ventures, has acquired Bankly, a licensed microfinance institution known for serving Nigeria’s unbanked and underbanked communities. The acquisition, announced this week, includes Bankly’s operational assets, regulatory licenses, and entire team. These will be integrated into C-One’s expanding fintech ecosystem, which already includes Fulcrum, a supply […]

Tech

Apple faces investors scrutiny amid AI delays, tariff worries

Apple Inc. is bracing for tough questions from investors during its quarterly earnings call on Thursday, with analysts spotlighting delays in rolling out key artificial intelligence features and the potential fallout from escalating U.S.-China tariff tensions. Despite a surge in demand for the newly launched, budget-friendly iPhone 16e in the January-March quarter, driven by fears […]

News

Spain gradually recovers after massive blackout disrupts services

Spain and Portugal began restoring normalcy on Tuesday following a massive blackout that paralyzed the Iberian Peninsula on Monday, marking one of Europe’s most severe power outages in recent years. While electricity supply has largely resumed, the cause of the disruption remains under investigation, raising concerns about the region’s energy infrastructure resilience. Spain’s grid operator, […]

Business

FIRS orders banks to shut unauthorized tax accounts 

The Federal Inland Revenue Service has directed all Nigerian banks to immediately identify and close any tax and levy collection accounts not authorized under its TaxPro Max system, as part of sweeping reforms to streamline tax administration in the country. In a public notice issued Monday by FIRS Executive Chairman, Zacch Adedeji, and shared with […]

News

PenCom launches N1.3b recovery drive for journalists’ unpaid pension contributions

The National Pension Commission has launched a recovery effort to secure over N1.3 billion in unpaid pension contributions owed to journalists by newspaper organizations across Nigeria, according to PenCom Director-General, Ms. Omolola Oloworaran. Speaking during a visit to the Nigerian Press Council in Abuja, Oloworaran highlighted widespread non-compliance with the Pension Reform Act 2014 (PRA […]

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