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Nigeria secures $155m clean energy investments

  • 26th July 2026

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  • 25th July 2026

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  • 25th July 2026

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  • 24th July 2026

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NPF Microfinance Bank grows profit before tax by 7.70%

NPF Microfinance Bank Plc has posted a profit before tax of N3.20 billion for the six months ended June 30, 2026, representing an increase of 7.70 per cent from N2.97 billion recorded in the corresponding period of 2025. According to the unaudited financial statements filed with the Nigerian Exchange on July 24, 2026, the bank’s […]

Tech

Space-based datacenters could cause ‘catastrophic’ pollution, experts warn

Space-based datacenters proposed by SpaceX, Jeff Bezos’ Blue Origin and other companies could generate staggering levels of pollution that may alter Earth’s atmosphere and have “catastrophic” consequences for the planet, space industry experts and environmental groups have warned in a new petition calling for a review of their potential impacts. Technology companies have collectively proposed […]

Finance

INEC cannot be independent without financial autonomy — Amupitan

The Chairman of the Independent National Electoral Commission, Prof. Joash Amupitan, has said the electoral umpire cannot achieve full independence without financial autonomy. He warned that reliance on the regular budgetary process could weaken its ability to conduct free, fair and credible elections. Amupitan said granting INEC greater control over its finances was critical to […]

News

Court halts S’African president’s impeachment over $500k scandal

A South African court ruled on Friday in favour of President Cyril Ramaphosa’s bid to pause impeachment proceedings against him over a scandal involving half-a-million dollars stashed in a sofa at his ranch. Ramaphosa asked the Western Cape High Court to stop the work of a parliamentary impeachment committee until his review of a November […]

Finance

Private sector kicks against proposed pension contribution hike

The Organised Private Sector of Nigeria has expressed deep concern over the recent announcement by the Director-General of the National Pension Commission regarding a proposed increase in mandatory pension contributions and the introduction of an additional three per cent mandatory annual contribution equivalent to three per cent of the total wage bill. The OPSN members […]

News

Bangladesh president Shahabuddin resigns, cites poor health

Bangladesh’s president, a close ally of former premier Sheikh Hasina, resigned from the largely ceremonial role on Friday citing ill health, according to a letter seen by AFP. President Mohammed Shahabuddin confirmed he was stepping down in a call with AFP. “Yes, I have resigned,” Shahabuddin said when asked about widespread speculation that he planned […]

Tech

Reddit stock tumbles 8% on WSJ Google AI access report

Shares of Reddit fell 8 per cent on Wednesday after The Wall Street Journal reported that the social media platform had discussed restricting Google’s access to its content for artificial intelligence training. The decline pushed Reddit’s year-to-date losses to roughly 25 per cent. Reddit and Google reached an agreement in 2024 allowing the search giant […]

Finance

NELFUND begins payment of June, July student allowances

The Nigerian Education Loan Fund has commenced the payment of June and July upkeep allowances to student beneficiaries across the country. The development was confirmed by the National Association of Nigerian Students, while several beneficiaries also shared screenshots on X showing successful payment alerts. In a statement released on Friday, NANS National President, Akinteye Babatunde, […]

Tech

Reddit, major publishers threaten to block Google access over AI overviews

Reddit and several major news publishers are reportedly considering restricting Google’s access to their websites as the tech giant’s AI-generated search summaries continue to raise concerns about declining referral traffic. Reddit, which previously signed a $60 million-a-year agreement allowing Google to use content from its online forums to train artificial intelligence models, has reportedly become […]

Aviation

IATA appoints Saadia Zahidi as first female DG

The International Air Transport Association has appointed Saadia Zahidi as its first female Director General, making history as the first woman to head the global airline industry’s largest trade association. IATA announced the appointment in a statement published on its website on Thursday. Zahidi will take office on November 1, 2026, becoming IATA’s ninth Director […]

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