Business

Senator Natasha urges reciprocal visa measures for South

  • 31st July 2026

Samsung warns global RAM chip shortage could last

  • 31st July 2026

Spain deploys military to Ceuta as migrant surge

  • 31st July 2026

MTN posts record N1.09tn H1 profit before tax

  • 31st July 2026

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Senator Natasha urges reciprocal visa measures for South African

Business

Samsung warns global RAM chip shortage could last until

Business

Meta tests WhatsApp feature separating business messages

Tech

SpaceX phases out unpermitted xAI power turbines for 1.2GW

Tech

Blog

NAICOM warns insurers over 2026 recapitalisation deadline
Business

No extension for insurance recapitalisation exercise – NAICOM

The National Insurance Commission has ruled out any extension of the ongoing insurance recapitalisation exercise, with the Commissioner for Insurance, Olusegun Omosehin, stressing that “the 31 July deadline is sacrosanct.” Speaking at a high-level media briefing in Lagos, Omosehin expressed concern over the slow pace of compliance by several firms, describing the industry’s response as […]

Air cargo demand rises by 18.4% January - IATA
Aviation

Rising jet fuel costs signal imminent airfare hike

There are signs that airfares could rise in the coming weeks as the cost of aviation fuel, known as Jet A1, continues to increase, adding pressure on airline operations and pointing to higher ticket prices for passengers. The surge in Jet A1 prices is largely driven by the Middle East crisis, which has disrupted crude […]

Leave Twitter, focus on Tesla, Investors tell Elon Musk
Tech

Musk eyes chip manufacturing company for Tesla, SpaceX

Elon Musk has outlined ambitious plans for a chip manufacturing collaboration involving his companies Tesla and SpaceX. Musk shared the plans on Saturday night at an event in downtown Austin, Texas, according to Bloomberg. A photo from the event suggests that the proposed “Terafab” facility would be located near Tesla’s Austin headquarters and its “Gigafactory.” […]

Banking

Excess cash floods banking system as liquidity hits N8.06tn

Nigeria’s banking system liquidity rose sharply to N8.06 trillion as commercial banks parked more funds at the Central Bank of Nigeria’s Standing Deposit Facility, signaling a buildup of excess cash in the financial system. Data from the Central Bank of Nigeria showed the figure at the end of a three-day trading period that closed on […]

Business

Dangote ships 456,000 tonnes of refined products to global markets

The Dangote Petroleum Refinery has exported 456,000 tonnes of refined petroleum products across 12 cargoes lifted by international traders. Industry sources said the shipments, consisting of Premium Motor Spirit, were delivered to several African countries, including Côte d’Ivoire, Cameroon, Tanzania, Ghana, and Togo, according to Nairameteics. This comes after the refinery attained its full nameplate […]

Why FG should reveal names of subsidy beneficiaries - NLC
Electricity

NLC rejects ₦6trn bailout for power generation firms

The Nigeria Labour Congress has rejected the proposed N6 trillion bailout for power generation companies. The union stated that repeated financial interventions have failed to improve electricity supply across the country. NLC President Joe Ajaero made this known in a statement issued on Sunday in Abuja. He called for urgent structural reforms in the energy […]

Agribusiness featured

Cocoa farmers lament 70% price crash in Ondo, Osun, Ekiti

Cocoa farmers in Ondo, Osun, and Ekiti States are facing severe financial hardship due to a massive crash in cocoa bean prices. This sharp decline has plunged many into despair and severely affected their livelihoods. People’s Gazette reported that in separate interviews with journalists on Sunday, the farmers described how the price reversal from a […]

Tech

Tencent links WeChat to OpenClaw agent in major AI push

Tencent on Sunday unveiled a new tool that links its WeChat messaging platform with the OpenClaw agent, stepping up its efforts in the rapidly expanding AI agent space, now a major area of competition among China’s technology firms. The tool, named ClawBot, will appear as a contact within WeChat, enabling users of the country’s most […]

featured News

Otu attributes Cross River gains to sealed IGR leakages

Cross River State Governor Senator Bassey Otu has credited the successes of his administration to the effective sealing of leakages in the state’s Internally Generated Revenue. He stated that once all ongoing efforts come to full fruition, the state will achieve self-sufficiency and reduce its dependence on federal allocations. The governor made these remarks during […]

Technology

Black Eyed Peas’ Will.i.am designs electric car with AI workspace

Black Eyed Peas frontman and tech entrepreneur will.i.am has unveiled a three-wheeled electric vehicle that transforms your commute into a mobile AI-powered workspace. The musician, whose full name is William James Adams Jr., introduced the vehicle — called Trinity — with a live demonstration at Nvidia’s annual developers conference in Silicon Valley. The single-passenger electric […]

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