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UAE oil giant vessel attacked in Strait of Hormuz

Oil and Gas

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Agribusiness

PwC flags gaps in new NRS virtual asset tax

Business

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Oil and Gas

Blog

Travel

UK sets 24-week target for asylum appeal decisions

The United Kingdom government has introduced a new 24-week target for asylum and immigration appeal decisions. It seeks to reduce lengthy waiting times and speed up the removal of people found to have no right to remain in the country. The target came into force on August 12. It applies to new asylum and immigration […]

Tech

OpenAI unveils Ultrafast mode to boost GPT-5.6 Sol performance

OpenAI, the artificial intelligence lab, has introduced a new mode called Ultrafast, which it says is designed to significantly accelerate the performance of its latest and most powerful model, GPT-5.6 Sol. According to the company, Ultrafast can process tasks up to 14 times faster than standard processing, generating as many as 750 output tokens per […]

Tech

Uber, Pony AI partner to expand robotaxi services globally

United States ride-hailing giant Uber is expanding its global robotaxi operations through a partnership with autonomous driving company Pony.ai. The companies announced Friday that they plan to deploy 2,000 Pony.ai self-driving taxis across Europe while also extending their partnership to the Middle East. Uber and Pony.ai launched a commercial robotaxi service in Zagreb, Croatia, in […]

Business

IBM, OpenAI partner to target growing enterprise AI market

IBM on Thursday announced a partnership with OpenAI to make the AI company’s models and tools available to more enterprise customers, giving OpenAI another route to reach major corporations through IBM’s global consulting business as competition for corporate AI spending intensifies. The financial terms of the deal were not disclosed. The partnership comes less than […]

Aviation

Keyamo to update Tinubu on aviation unions, airlines’ TSC agreement

The Minister of Aviation and Aerospace Development, Festus Keyamo, is set to brief President Bola Tinubu on the resolution reached between aviation sector unions and the Airline Operators of Nigeria over the lingering dispute surrounding the Ticket Sales Charge. The development followed an emergency meeting convened by Keyamo on Thursday with representatives of both sides, […]

News

50,000 police constables recruitment nears training stage — IGP

Inspector-General of Police, Mr. Olatunji Disu, has disclosed that preparations for the recruitment of 50,000 Police Constables have reached the final pre-training stage. He said comprehensive training programmes are being developed around an improved curriculum and international best practices. The IGP also reaffirmed the Nigeria Police Force’s commitment to strengthening counterterrorism, community protection, human rights […]

featured Finance

Naira stable at ₦1,364/$ at official FX market

The naira maintained relative stability against the United States dollar on Friday, August 14, 2026, in both the official Nigerian Foreign Exchange Market and the parallel market, as traders continued to monitor foreign currency liquidity and demand conditions. According to data published by the Central Bank of Nigeria, the official NFEM exchange rate stood at […]

Aviation

Police detain three Air Peace buses over Lagos airport runway obstruction

The Nigeria Police Force has confirmed that three buses belonging to Air Peace are in its custody following allegations that the vehicles obstructed the runway at the Lagos airport during Tuesday’s industrial action by aviation unions. The spokesperson for the Police Airport Command, ASP Muhammed Adeola, confirmed to our correspondent that the three buses had […]

Business

FCCPC warns bakeries against compromising food safety

The Federal Competition and Consumer Protection Commission has warned bakery and confectionery operators against compromising food safety and product quality, stressing that rising production costs do not justify practices that could endanger consumers. The FCCPC Executive Vice Chairman and Chief Executive Officer, Tunji Bello, issued the warning on Tuesday during a stakeholder engagement with bakery […]

Business

NAICOM confirms seven more insurers meet capital requirements

The National Insurance Commission has confirmed that seven more insurance companies have met the minimum capital requirements set under the Nigerian Insurance Industry Reform Act 2025. The latest verification brings the number of insurance and reinsurance companies that have met the recapitalisation requirements to 50, up from the 43 firms previously cleared by the Commission […]

Aviation

FG orders airlines to submit repayment plans for outstanding TSC

The Federal Government has given airlines a one-week deadline to reach agreements on repayment plans for outstanding Ticket Sales Charges owed to aviation agencies. The directive was issued by the Minister of Aviation and Aerospace Development, Festus Keyamo, in a statement posted on his official X account on Thursday. The meeting followed an emergency session […]

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