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UK expands work visa sponsors for Nigerians

UK unveils major visa overhaul to cut legal

  • 11th May 2025

BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

Lagos partners BOI, Sterling Bank to boost MSMEs

  • 8th May 2025
Disney, Warner Bros to launch joint streaming bundle

Disney beats Q2 expectations with strong Disney+ subscriber

  • 7th May 2025

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Jumia launches third-party logistics to boost profitability

Jumia launches third-party logistics to boost profitability

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Apple expands emergency satellite features to iPhone 13 update

Apple expands emergency satellite features to iPhone 13 update

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Spotify adds voice commands to AI DJ feature

Spotify adds voice commands to AI DJ feature

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Kenya to ban cashless-only payments for small transactions

Kenya to ban cashless-only payments for small transactions

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Tech

Alphabet’s Waymo may offer personal ownership of robotaxis – CEO

Alphabet CEO Sundar Pichai announced Thursday that Waymo’s self-driving cars may eventually be offered for personal ownership, marking a possible shift in the company’s business strategy. Until now, Waymo has primarily focused on autonomous ride-hailing services. The announcement comes as Tesla gears up to launch its robotaxi service later this year, heightening the competition in […]

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WhatsApp, Meta fined $220m for data discrimination 

The Nigeria Competition and Consumer Protection Tribunal has ordered WhatsApp and Meta Platforms Inc. to pay a fine of $220 million, along with $35,000 to the Federal Competition and Consumer Protection Commission, for data discrimination practices It said they have 60 days to comply with the ruling. The tribunal upheld the $220 million fine imposed […]

Revolut reports $1bn profit in 2024
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Revolut reports $1bn profit in 2024

Digital banking giant Revolut has posted a record net profit of $1 billion (£790 million) for 2024, more than doubling its earnings from the previous year, according to its newly released annual report. Revenues surged 72% to $4 billion (£3.1 billion), while its global customer base jumped 38% to 52.5 million users. “2024 was a […]

News

IMF urges Nigeria to broaden tax revenue base

The International Monetary Fund has urged the Nigerian government to expand its tax revenue base and tackle tax evasion as part of necessary fiscal reforms to boost the country’s economic resilience. In a statement at the 2025 IMF Spring Meeting in Washington, D.C., IMF Managing Director Kristalina Georgieva stressed the importance for Nigeria and other […]

MTN confirms cyberattack, says core systems remain unaffected
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MTN confirms cyberattack, says core systems remain unaffected

Africa’s largest telecom operator, MTN Group has disclosed a cybersecurity breach that exposed personal data belonging to some customers in select markets. However, the company assured the public that its core infrastructure remains secure. In a statement released on Thursday, MTN said an unknown third party had gained limited access to parts of its systems. […]

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No more dumping, FG bans waiver for threaded pipes importation

The Federal Government has officially prohibited the issuance of waivers for importing threaded pipes used in Nigeria’s oil and gas industry. This move is aimed at boosting local production and strengthening Nigeria’s local content policy. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, issued the directive to the Nigerian Content Development and Monitoring […]

Apple to allow users repair iPhones with used parts
Tech

Apple plans to produce most iPhones in India by 2026

Apple plans to move the assembly of iPhones sold in the United States to India starting next year, according to sources cited by the Financial Times. This decision comes in response to escalating US-China trade tensions and aims to diversify Apple’s supply chain. The plan aims to fully transition the production of more than 60 […]

OpenAI abandons major restructuring to retain control
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OpenAI unveils lightweight tool for ChatGPT users

OpenAI has launched a new “lightweight” version of its deep research tool within ChatGPT, making advanced research capabilities more accessible across its user base. The update, announced Thursday, is now available to ChatGPT Plus, Team, and Pro users, with free-tier users also gaining access starting today. Powered by a scaled-down version of OpenAI’s o4-mini model, […]

Meta expands Threads ads globally amid rising competition with X
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Meta expands Threads ads globally amid rising competition with X

Meta has announced a global expansion of ads on its Instagram-linked app, Threads, just months after beginning tests in markets like the United States and Japan. The move opens up Threads’ 320 million monthly active users to eligible advertisers worldwide. New ad placements within the Threads feed will be enabled by default for campaigns using […]

Pope Francis’ funeral to be livestreamed worldwide on YouTube
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Pope Francis’ funeral to be livestreamed worldwide on YouTube

The funeral of Pope Francis, who passed away earlier this week at the age of 88 following a stroke and cardiac arrest, will be livestreamed globally on YouTube this Saturday. Coverage will begin at 10 a.m. Central European Time (4 a.m. Eastern Time) on the official Vatican News YouTube channel. The broadcast will be available […]

Business

China considers exempting certain goods from US tariffs

China is reportedly considering suspending its 125% tariff on certain U.S. imports, according to a Bloomberg report. This move is driven by concerns about the negative impact the prolonged trade war is having on vital Chinese industries. The proposed tariff reductions would target critical sectors, including medical equipment and industrial chemicals like ethane, used in […]

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