Business

Spain deploys military to Ceuta as migrant surge

  • 31st July 2026

MTN posts record N1.09tn H1 profit before tax

  • 31st July 2026

Naira hits N1,834 against British pound

  • 31st July 2026

NNPC absorbs 1,000 interns into workforce after training,

  • 31st July 2026

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Anthropic’s Claude breached three live systems during cybersecurity tests

Tech

Apple warns chip shortages could hit future iPhone, MacBook

Tech

Spain deploys military to Ceuta as migrant surge leaves

Business

MTN posts record N1.09tn H1 profit before tax

Business

Blog

Electricity featured

NEMSA alerts Nigerians on fire risks from poor solar installations

The Federal Government, through the Nigerian Electricity Management Services Agency, has raised the alarm over the increasing number of fire incidents linked to improperly installed rooftop solar photovoltaic systems across the country. Many Nigerians are turning to solar to ensure constant power supply. However, cases of fire outbreaks from rooftop solar panels are becoming a […]

Business

Hormuz vessel traffic slumps after brief weekend surge

Observed commercial transits through the Strait of Hormuz have come to a near standstill, marking a sharp reversal after a brief surge in traffic on Saturday, as escalating regional tensions disrupt one of the world’s most critical maritime trade routes. No new vessel crossings were recorded on Sunday, according to tracking data, after Iranian forces […]

Business

FG borrows N100bn from unclaimed dividends

The Federal Government has recorded a N100bn borrowing from unclaimed dividends and dormant bank accounts, according to new data from the Debt Management Office, which shows that funds held under the Unclaimed Funds Trust Fund have been converted into government securities. The latest figures from the DMO’s domestic debt stock report indicate that “UFTF FGN […]

Business

New mini-grid rules will unlock renewable energy expansion – REA

The Managing Director of the Rural Electrification Agency, Dr Abba Aliyu, has praised the newly released mini-grid regulations by the Nigerian Electricity Regulatory Commission, describing them as a landmark reform that will accelerate large-scale renewable energy projects across Nigeria. In a statement, the agency said the revised regulations were issued by NERC after two years […]

featured

Open your toilets for public use, Lagos urges banks, others

The Lagos government says it has deployed 1,710 public toilets across the state to tackle open defecation. In a post on X on Saturday, Tokunbo Wahab, the commissioner for environment and water resources, said the facilities were strategically sited to improve access to sanitation for residents and visitors. “As part of our sustained efforts to […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Kenyan firm sacks over 1,000 workers after Meta contract loss

More than 1,000 low-paid workers in Kenya have been suddenly dismissed by an outsourcing firm working for Meta, in a move activists say highlights the insecurity of tech jobs in the Global South. Sama, a Nairobi-based company that handles content moderation and AI training tasks for Meta, said on Thursday that the layoffs followed the […]

Banking

Ecobank crossed ₦1trn profit mark in 2025

Ecobank has delivered a strong 2025 performance, crossing the N1 trillion profit mark as treasury income rises and begins to close the gap with traditional lending. With deposits growing faster than loans, the bank is increasingly deploying liquidity into high-yield government instruments, boosting margins and overall earnings. Gross earnings rose to about N4.88 trillion, up […]

Opinion

IMF warns of rising fiscal deficits in Africa despite oil gains

Sub-Saharan Africa’s fiscal position is expected to weaken in 2026, even as improved commodity prices offer some relief to external balances across parts of the region. According to Nairametrics, this was contained in the International Monetary Fund’s April 2026 Regional Economic Outlook titled “Hard-Won Gains Under Pressure.” The Fund projects that the median fiscal deficit […]

Anthropic counters OpenAI with $1 AI offer to government branches
Business

UK banks to access guarded Anthropic AI model amid concerns

British banks are set to gain access next week to a powerful artificial intelligence tool developed by Anthropic, a system the company has previously restricted from public release over safety concerns, according to people familiar with the matter. The rollout marks a significant expansion of the model’s availability beyond a tightly controlled group of primarily […]

featured Finance

NGX extends trading hours to 4pm from April 27

Nigerian Exchange Limited has announced the expansion of its trading hours from 9:00 a.m. to 4:00 p.m. (WAT), effective Monday April 27, 2026, in a move designed to deepen market liquidity, enhance price discovery, and broaden investor access. Approved by the Securities and Exchange Commission (SEC) Nigeria, the expansion shifts the market opening earlier from […]

Russia fines Zoom $1.18m for operating without office
Tech

Zoom partners World to tackle AI deepfake impersonation

Zoom has partnered with World, the human identity verification company founded by Sam Altman, in a move aimed at curbing the rising threat of AI-generated impersonation in virtual meetings. The collaboration is designed to help ensure that participants in Zoom meetings are verified humans rather than sophisticated deepfake avatars, as concerns grow over the misuse […]

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