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Tech

Musk’s X faces EU probe over harmful AI-generated content

Ireland’s data protection authority, representing the European, opened an investigation on Tuesday, February 17, into Elon Musk’s X over its AI chatbot Grok generating sexualized deepfake images. The move marks the latest stage of international scrutiny over the tool. The Data Protection Commission described it as a “large-scale inquiry” into possible violations of the EU’s […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Banking featured

CBN fines banks ₦10m for using unaccredited cheque printers

The Central Bank of Nigeria has imposed a N10 million fine and ordered the withdrawal of cheques from circulation on commercial banks that engage unaccredited cheque printers or personalisers. The apex bank announced this in its revised sanctions regime for defaulters of the Nigeria Cheque Standard and the Nigeria Cheque Printers’ Accreditation Scheme. The CBN […]

Nigerians to present BVN, NIN for dollar bond subscription
Business

DMO to raise N800b in February bond auction

The Debt Management Office plans to raise N800 billion through its February 2026 Federal Government bond auction, marking a significant increase from the same period last year, though below January’s record N900 billion offering. The agency’s bond offer circular, published on its website Monday, details N400 billion of 17.95 per cent FGN JUN 2032 (seven-year […]

featured Oil and Gas

A’Ibom rejects claims of returning 76 oil wells to C’River

Akwa Ibom State Attorney General and Commissioner for Justice, Uko Udom SAN, has faulted media reports suggesting that the 76 wells legally owned by the state following two Supreme Court judgments may be returned to Cross River State. He insisted that nothing has been ceded. According to the reports, the Revenue Mobilisation and Fiscal Commission […]

Finance

Women affairs minister urges Senate to boost 2026 budget

The Minister of Women Affairs and Social Development, Imaan Sulaiman-Ibrahim, has appealed to the Senate to increase the N134.2 billion proposed for the ministry in the 2026 fiscal year. The minister said an upward review would enable the ministry to implement programmes aimed at addressing the multifaceted challenges facing women across the country. Meanwhile, the […]

News

Vendors hike prices as acute water scarcity hits Jos

Acute water scarcity has gripped several communities in Jos, the Plateau State capital, which has turned access to potable water into a daily struggle for residents, creating booming business opportunities for commercial water vendors. Vanguard reported that in areas such as Gwarandok, Tudun Wada, and Jenta Adamu, long queues form daily around the few functional […]

Apple signals major AI spending shift, open to big acquisitions
Tech

Apple to launch integrated video podcasts amid rising YouTube, Spotify competition

Apple on Monday said it will introduce a new integrated video podcast experience on Apple Podcasts this spring, reflecting the growing shift toward video in the medium. Video consumption is increasingly reshaping podcasting, with about 37 per cent of people aged 12 and older watching video podcasts each month, according to Edison Research. The update […]

Lufthansa pilots hold second strike in one week
Aviation

Lufthansa unveils full business class access on 787-9 fleet

Lufthansa has started offering most of the business class seats on its Allegris-configured Boeing 787-9 fleet following the resolution of certification issues that had previously restricted availability. The German airline said that 25 of the 28 Allegris business class seats are now bookable for flights from April 15, while three seats in the cabin’s second […]

Business

Tinubu calls for Africa-owned credit rating agency

President Bola Tinubu has urged the creation of an Africa-owned credit rating agency to address what he described as the continued mispricing of the continent’s risk by global financial markets. In an Op-Ed published in the Financial Times on Monday, the President warned that African nations are facing excessively high borrowing costs driven by flawed […]

X to launch long-form video on smart TVs soon
Tech

X returns online after global outage

X, the social media platform previously called Twitter, is back online following a worldwide outage. The outage, which started Monday afternoon, disrupted both X’s mobile app and desktop site, preventing users worldwide from accessing the platform. When trying to visit, users saw only a blank page featuring the X logo, with timelines and posts failing […]

Banking

Banks attract $16.78b capital inflows in first nine months 2025

Banks in Nigeria saw total capital inflows of $16.78 billion between January and September 2025, marking a 131.81 per cent increase from the $7.236 billion recorded in the same period in 2024, as foreign investors significantly increased their investments in FPIs. The data comes from the National Bureau of Statistics’ latest Capital Importation report for […]