Business

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

  • 15th August 2026

Nigeria’s exports to China jump 80% to $2.3bn

  • 15th August 2026

Anthropic revenue soars 1,360% ahead of planned IPO

  • 15th August 2026

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RMAFC completes review of Nigeria’s revenue allocation formula

Finance

BRICS explores merging payment systems to cut transaction costs

Finance

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

Business

AI-driven cyberattacks surge 56% – IBM

Business

Blog

Tech

Apple challenges UK order seeking access to encrypted customer data

Apple has filed a fresh legal challenge against the UK government’s renewed demand for access to customers’ encrypted data, nearly a year after the Home Office withdrew a similar request. The iPhone maker lodged the case last month before the Investigatory Powers Tribunal, an independent judicial body that examines complaints over the lawfulness of actions […]

Banking

FirstHoldCo crosses historic N6tn market capitalisation miilestone

FirstHoldCo Plc has become the first Nigerian banking group to surpass a N6tn market capitalisation, marking a historic milestone for the country’s financial sector as sustained investor appetite continues to drive its share price higher. The financial services holding company crossed the threshold during trading on the Nigerian Exchange Limited on Monday, with its shares […]

Business

Electricity metering hits 59.69% as DisCos add 349,357 customers

Nigeria’s electricity metering rate recorded a gradual improvement in the first four months of 2026, climbing from 57.93 per cent in January to 59.69 per cent in April as electricity distribution companies expanded the rollout of prepaid meters across their networks. Figures from the Nigerian Electricity Regulatory Commission showed that the number of metered customers […]

Business

Prioritise infrastructure execution over bigger budgets – Okonjo-Iweala

Director-General of the World Trade Organisation, Ngozi Okonjo-Iweala, has called on Nigeria to prioritise the effective execution and maintenance of infrastructure over simply increasing budget allocations, stressing that higher public spending alone will not deliver sustainable development. Speaking on Monday at the 2026 Delta State Economic and Investment Summit, themed ‘Harnessing Our Strengths, Unlocking Our […]

Business

FG to halt crude oil exports, bets on local refining for growth

The Federal Government is moving to phase out crude oil exports as Nigeria ramps up domestic refining capacity and positions itself as a leading African hub for refined petroleum products. The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Rabiu Umar, disclosed this on Monday while speaking at the 49th Nigeria Annual […]

Tech

Visa expands cybersecurity push with $2.4bn BioCatch acquisition

Visa announced on Monday that it will acquire fraud detection startup BioCatch in a $2.4 billion all-cash deal, as the payments giant strengthens its cybersecurity capabilities amid a rise in artificial intelligence-driven fraud and account takeover attacks. The acquisition will give Visa access to BioCatch’s behavioural biometrics technology, which uses indicators such as keystroke patterns, […]

featured

NRS mandates tax ID for crypto account activation

The Nigeria Revenue Service has directed Virtual Asset Service Providers and peer-to-peer escrow operators to make a valid Tax Identification Number a compulsory requirement for account activation, in a move aimed at strengthening tax compliance across Nigeria’s cryptocurrency sector. The directive is contained in the Guidelines on the Taxation of Virtual Assets released on Monday, […]

Business

Otedola targets 51% controlling stake in First HoldCo

Billionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has indicated that he intends to build a controlling stake of more than 51 per cent in First HoldCo Plc, saying majority ownership is central to executing the reforms and restructuring needed to create long term value. Otedola disclosed this in an exclusive interview with […]

News

Fake agency DG fingers other MDAs in agency creation

The self-acclaimed Director-General of the controversial Presidential Foreign Investment Promotion Council, Adeniyi Adeyemi, has pushed back against allegations that he single-handedly created the disputed agency, alleging that several ministries, departments and agencies of the Federal Government processed, recognised or interacted with the council. Adeyemi, who is in police custody, made the claims in a statement […]

Business

Nigeria can boost global creative edge via indigenous storytelling — Expert

The President of the Film Educators Guild of Nigeria, Professor Osakue Omoera, has said Nigeria’s creative industry can strengthen its global competitiveness by commercialising indigenous stories, languages and cultural narratives instead of imitating foreign content. Omoera made this disclosure at the International Distillers Symposium on Storytelling organised by the Centre for Media and Communication Research, […]

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