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Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

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Nigeria’s exports to China jump 80% to $2.3bn

  • 15th August 2026

Anthropic revenue soars 1,360% ahead of planned IPO

  • 15th August 2026

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NCAA to make RFID baggage tracking mandatory at airports

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RMAFC completes review of Nigeria’s revenue allocation formula

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BRICS explores merging payment systems to cut transaction costs

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Airtel, Starlink debut satellite-to-mobile connectivity in Africa

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Meta tests WhatsApp feature separating business messages

Meta Platforms is testing a new WhatsApp feature that automatically moves messages from large businesses into a separate folder, as the social media giant expands its business messaging services following a sharp increase in revenue from the platform. The feature comes after Meta Chief Executive Officer Mark Zuckerberg disclosed during the company’s second-quarter 2026 earnings […]

Tech

SpaceX phases out unpermitted xAI power turbines for 1.2GW gas plant

SpaceX said on Thursday it will remove the unpermitted gas turbines currently supplying electricity to xAI’s data centres near Memphis in the United States as it transitions to a permanent 1.2-gigawatt natural gas power plant. The company said the turbines will remain in operation until July 2027 while the new facility is being completed. SpaceX […]

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Anthropic’s Claude breached three live systems during cybersecurity tests

Artificial intelligence company Anthropic has disclosed that its internal investigation uncovered three incidents in which its AI model, Claude, gained unauthorised access to the live systems of organisations while undergoing cybersecurity evaluations, prompting the company to tighten its testing safeguards. The disclosure comes more than a week after OpenAI revealed that one of its unreleased […]

Tech

Apple warns chip shortages could hit future iPhone, MacBook sales

Apple has warned that it is exploring alternative memory chip suppliers as “very significant” supply constraints threaten future sales of its flagship devices. The warning came as shares of the world’s most valuable listed company fell more than five per cent in after-hours trading in the United States after the iPhone, MacBook and iPad maker […]

Business

Spain deploys military to Ceuta as migrant surge leaves 18 dead

Spain has deployed military forces to restore order along its border with Morocco in Ceuta after thousands of migrants reportedly entered the small Spanish enclave, with at least 18 people losing their lives during the attempted crossings. The deployment followed a request from Ceuta’s local authorities for additional support from Spain’s central government in Madrid […]

Business

MTN posts record N1.09tn H1 profit before tax

MTN Nigeria Communications Plc posted a record profit before tax of N1.09 trillion for the first half of 2026, marking a 75.4 per cent year-on-year increase and its strongest half-year performance on record. The impressive result was driven by robust data demand, improved operating efficiency, and lower borrowing costs, which boosted earnings. The telecommunications giant […]

Business

Naira hits N1,834 against British pound

The British pound traded at N1,834 against the Nigerian naira in the foreign exchange market at the opening of trading on Friday. During the month, the currency pair fluctuated between N1,813/£1 and N1,862/£1, highlighting continued short-term volatility while remaining broadly anchored around the N1,830/£1 level. Demand for the British pound in Nigeria has remained elevated, […]

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34 institutions face CBN sanctions over forex regulatory breaches

The Central Bank of Nigeria has uncovered foreign exchange regulatory violations by some authorised dealers following a routine examination of 34 institutions, according to its 2025 Annual Report and Statement of Accounts. The review, which covered the period from 1 April 2024 to 31 March 2025, evaluated compliance with foreign exchange regulations, monitored the utilisation […]

Aviation

FG backs launch of Sokoto-owned Caliphate Airlines

The Federal Government has reaffirmed its commitment to supporting the launch of Caliphate Airlines, the Sokoto State-owned commercial airline scheduled to begin operations later this year. The Minister of Aviation and Aerospace Development, Festus Keyamo, gave the assurance on Thursday while receiving a delegation from the Sokoto State Government at his office in Abuja. The […]

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Petrol imports lose price edge over Dangote refinery supplies – Report

The cost of importing Premium Motor Spirit (petrol) into Nigeria has risen above the ex-depot price offered by the Dangote Petroleum Refinery, strengthening calls by petroleum marketers for the country to end fuel imports and rely more on local refining. According to the latest Energy Bulletin published by the Major Energies Marketers Association of Nigeria, […]

Business

NNPC absorbs 1,000 interns into workforce after training, evaluation

The Nigerian National Petroleum Company Limited has inducted more than 1,000 young professionals into its workforce following the successful completion of a one-year internship, intensive training and performance evaluation programme. The announcement was made by the Group Chief Executive Officer of NNPC Ltd, Bayo Ojulari, in a post shared on the company’s official social media […]

Tech

OpenAI cuts prices for GPT-5.6 Terra, Luna weeks after launch

OpenAI on Thursday announced significant price cuts for two of its newest artificial intelligence models, GPT-5.6 Terra and GPT-5.6 Luna, just weeks after they were released to the public. The move comes as the company faces growing pressure to appeal to cost-conscious customers, particularly businesses that have been reluctant to adopt high-priced AI models without […]

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