Business

KPMG to cut nearly 400 jobs as crisis

  • 24th August 2026

Oil prices drop as US prepares toughest-ever Iran

  • 24th August 2026

NICA urges FG to inject N2tn into credit

  • 24th August 2026

UK power plant hit by suspected Iran-linked cyberattack

  • 24th August 2026

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KPMG to cut nearly 400 jobs as crisis deepens

Business

Oil prices drop as US prepares toughest-ever Iran sanctions

Business

NICA urges FG to inject N2tn into credit guarantee

Business

UK power plant hit by suspected Iran-linked cyberattack

Business

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Travel

FG orders passports withdrawal from Nigerians who renounce nationality

Minister of Interior, Olubunmi Tunji-Ojo, has directed the Nigeria Immigration Service to immediately withdraw and deactivate passports held by individuals who have formally renounced their Nigerian citizenship. The directive targets Nigerians whose renunciation requests have been officially approved by the President, barring them from continuing to hold or use Nigerian travel documents following the completion […]

Policy and Regulations

FG unveils digital registration for car dealers nationwide

The Federal Government has launched the National Vehicle Dealership Registration Framework for car dealers in a decisive move to sanitise Nigeria’s auto market, improve traceability and unlock financing for industry players. The initiative, unveiled by the National Automotive Design and Development Council (NADDC) in Abuja on Friday, introduces a digital system mandating all car dealers […]

featured Finance

Oyedele admits errors in old tax regime, promises fix

Minister of State for Finance, Taiwo Oyedele, has acknowledged that Nigeria’s old tax laws contain errors, assuring that corrective measures are already underway to address the identified issues. Oyedele made the disclosure while speaking during a fireside chat at the 2026 annual conference of the Nigerian Bar Association (NBA) Section on Legal Practice, themed “From […]

LIRS sets January 31st deadline for filing tax returns
featured Finance

Again, LIRS extends individual tax filing deadline

The Lagos State Internal Revenue Service has announced a further extension of the deadline for filing of individual annual income tax returns to Tuesday, April 21, 2026. In a press release issued on Friday, the agency expressed appreciation to taxpayers for their continued compliance and commitment to fulfilling their tax obligations. The LIRS noted that […]

EU probes Apple’s termination of Epic Games’ account
Tech

Epic Games deepens Disney ties after 1,000 layoffs

Epic Games, the maker of Fortnite, is doubling down on its partnership with The Walt Disney Company as it seeks to revive growth following a recent downturn in user engagement that prompted the company to lay off about 1,000 employees last month. The company is preparing to launch a new extraction-style shooter in November featuring […]

Business

Domino’s Pizza faces investors backlash over executive pay plan

Domino’s Pizza is facing investors backlash over proposed changes to executive pay. The London-listed company, recently forced to abandon a planned acquisition after a drop in profits, is preparing for a significant protest vote at its upcoming annual general meeting, according to a Sky News report. The firm is seeking approval for a new three-year […]

Anthropic gives Claude AI power to end conversations
Tech

Anthropic temporarily banned OpenClaw creator’s access to Claude

Anthropic temporarily banned an account involving a developer tool briefly, which sparked confusion and online debate on Friday before being quickly reversed, according to posts on X. Peter Steinberger, creator of the developer tool OpenClaw, said early Friday that it would become “harder in the future” to ensure OpenClaw continues to work with models from […]

OpenAI unveils GPT-5 amid rising industry investment
featured Tech

Stalking victim sues OpenAI, alleging ChatGPT enabled abuser’s delusions

A 53-year-old United States Silicon Valley entrepreneur allegedly developed delusional beliefs after months of interacting with ChatGPT, including claims he had discovered a cure for sleep apnea and that powerful individuals were targeting him, according to a lawsuit filed in California Superior Court in San Francisco County. The complaint further alleges that he used the […]

Banking

Zenith Bank posts N63bn loss after N1.10tn boom

Zenith Bank Plc absorbed the impact of a sharp reversal in asset trading gains, which fell from N1.10 trillion in the previous year to a loss of over N63 billion in 2025. The bank’s ability to cushion this steep decline and protect its bottom line defines its earnings performance for the year. In 2024, trading […]

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