Business

Nigeria can boost global creative edge via indigenous

  • 3rd August 2026

UK state investment agency faces security review after

  • 3rd August 2026

MAN calls for tax harmonisation, reliable energy for

  • 3rd August 2026

Sterling Financial records 31.5% growth in gross earnings

  • 3rd August 2026

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Fake agency DG fingers other MDAs in agency creation

News

Nigeria can boost global creative edge via indigenous storytelling

Business

Nigerians cannot eat GDP, Atiku slams presidency’s defence of

featured Opinion

UK drivers steal nearly £200,000 fuel daily amid Iran

Business

Blog

Musk’s X faces lawsuit for allegedly withholding staff bonuses
featured Life Style

Elon Musk named America’s greatest innovator

Tech billionaire, Elon Musk, has been named America’s top living innovator by Forbes, leading the magazine’s newly released ranking of the 250 greatest innovators. The ranking, unveiled on Thursday, forms part of a year-long series celebrating the 250th anniversary of the United States. Forbes said the list highlights people who not only invent new ideas […]

News

Trump moves to revoke naturalised citizenship amid immigration crackdown

The administration of United States President, Donald Trump, is intensifying efforts to strip citizenship from certain foreign-born Americans, broadening a denaturalisation initiative as part of a wider campaign to tighten immigration controls. Officials at U.S. Citizenship and Immigration Services, the Department of Homeland Security agency that oversees lawful immigration—have recently been reassigned to field offices […]

Business

Nigeria records $21bn capital inflows in 2025

Nigeria attracted around $21 billion in capital inflows in the first ten months of 2025, up sharply from about $12 billion in 2024 and less than $4 billion in 2023. The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, disclosed this on Wednesday while defending the ministry’s 2026 budget proposal before the Joint House […]

WhatsApp rolls out voice note transcription feature in India
Mobile phones

WhatsApp accuses Russia of blocking app for indigenous service

WhatsApp said Wednesday that Russia “attempted to fully block” the messaging app in the country. The company stated this was done to push users toward a competing state-controlled service. The move could potentially affect 100 million people. Moscow has been trying to nudge Russians to use a more tightly controlled domestic online service. It has […]

featured Finance

US House rejects Trump’s tariffs on Canada despite threats

United States House lawmakers voted Wednesday to reject Donald Trump’s tariffs on Canadian goods. The vote swept aside the president’s last-gasp threat of election consequences for Republicans. It delivered a rare rebuke on his signature economic policy. The measure, brought by Democrats, was approved 219-211. Six Republicans joined the effort to pass the resolution. The […]

Elon Musk’s xAI launches Grok 4 with $300 subscription plan
Technology

Brazil orders X to halt Grok’s explicit image generation

Brazil on Wednesday instructed Elon Musk’s social network X to immediately stop its chatbot Grok from generating sexually explicit images. This action marks the latest effort by a country to compel the billionaire to address issues with the artificial intelligence tool. Indonesia became the first country to completely block Grok last month. Britain and France […]

featured Helth

NAFDAC dismisses false claims on suspension of sachet alcohol ban

The National Agency for Food and Drug Administration and Control has dismissed as false and misleading reports claiming that the Federal Government directed it to suspend enforcement of the ban on sachet alcohol and alcoholic beverages packaged in PET bottles below 200ml. A press release issued on Thursday morning and signed by the Director-General/Chief Executive […]

Oil and Gas

Nigeria records modest oil production growth amid OPEC shortfall

Nigeria’s crude oil output climbed to 1.459 million barrels per day in January 2026, maintaining its status as Africa’s top oil producer, though still below its OPEC-assigned quota. The figures were revealed in OPEC’s latest Monthly Oil Market Report released Wednesday. While the data shows modest month-on-month production growth, it also highlights Nigeria’s ongoing challenge […]

Failed banks liquidation delayed over ex-staff owed salaries, others - NDIC
Banking

NDIC vows stronger action against debtors of failed banks

The Nigeria Deposit Insurance Corporation has pledged to deploy the strengthened enforcement powers conferred by the NDIC Act 2023 to recover outstanding debts owed by debtors of failed banks. This was revealed by the NDIC’s Managing Director and Chief Executive, Mr Thompson Oludare, during a sensitisation seminar for Debt Recovery Agents in Lagos themed, “Operationalising […]

Business

Collaboration key to boosting Africa’s energy sector – NCDMB secretary 

The Executive Secretary of the Nigerian Content Development and Monitoring Board, Felix Ogbe, has urged unprecedented continental collaboration to elevate Africa’s energy sector to global standards. Addressing the 10th edition of SAIPEC in Lagos, Ogbe emphasized that a shared vision and cross-border partnerships are essential for building sustainable local content strategies. He noted that effective […]

Foreign shipping firms must obey tax laws- FIRS
Business

Technology key to implementing new tax laws — Adedeji

The Executive Chairman of the Nigerian Revenue Service, Zacch Adedeji, has said technology will play a central role in implementing the country’s new tax laws. He spoke on Wednesday at the inaugural convocation lecture of the Federal Polytechnic, Ayede, in Ogo-Oluwa Local Government Area of Oyo State. The lecture was titled, “The Role of Technology […]

Discos to resume meter deployment - IKEDC
Business

Bills without customer ID now invalid – Ikeja DisCo

Ikeja Electric Plc has announced that electricity bills issued without valid customer identification will be deemed invalid, in accordance with the Nigeria Tax Act (2025). The company stated that this requirement takes effect from January 1, 2026, the date the Act officially came into force. Under the law, all invoices, including electricity bills, must include […]

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