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News

Two-storey building collapses in Abuja, workers feared trapped

A two storey building under construction has collapsed in Jikwoyi, a suburb of the Federal Capital Territory, Abuja, trapping an unspecified number of workers. Eyewitnesses report that the incident occurred around 11:30 a.m. on Friday 3rd April, 2026. Officials from the National Emergency Management Agency are currently at the scene, working to manage the situation […]

Finance

Trump seeks $1.5trn 2027 defence budget amid Iran war

The White House sent a spending proposal to lawmakers Friday calling for a massive $1.5 trillion United States defense budget next year as it faces increased costs due to the war in Iran. The total year-on-year increase in Pentagon spending would be the largest since World War II, US media reported, although presidential budgets are […]

Banking

CBN sets April 30 deadline for banks’ stress test reports

Nigeria’s lenders are under pressure to meet an April 30 deadline set by the Central Bank of Nigeria to submit Board-approved Risk-Based Capital stress test reports, marking a tougher phase of oversight after the industry’s recapitalisation exercise. The directive, issued March 6, 2026 requires banks to assess how their capital positions would hold up under […]

Banking featured

Flutterwave secures Nigerian banking license in bold expansion move

Flutterwave, Africa’s leading payments technology company, has secured a Nigerian banking license, enabling it to hold funds and deposits directly and strengthening its financial infrastructure in its largest market. The landmark announcement comes after the company processed over $40 billion in payments and enabled more than one billion unique transactions, making financial services and settlement […]

Why farmers need to adopt new farming methods - Oyo
Electricity

Oyo begins 12MW gas power project for economic growth

Oyo State Government on Thursday restated its determination to build a reliable and sustainable power infrastructure that will move the people from poverty to prosperity. The State Commissioner for Energy and Mineral Resources, who also serves as Acting Chairman of the Oyo State Electricity Regulatory Commission, Dahud Shangodoyin, made this known in a statement released […]

Meta scraps fact-checking program, introduces X-like community notes feature
Tech

Mounting cases challenge Meta, Google legal immunity

Meta Platforms Inc. and Google, the dominant players in the United States digital advertising market, are facing mounting legal challenges that could test the scope of their long-standing liability protections for user-generated content. The two tech giants, alongside rivals such as TikTok and Snap, are defendants in a series of lawsuits designed to sidestep Section […]

Electricity

Gombe community laments repeated transformer faults, power outages

Residents of Bagadaza community in Akko Local Government Area of Gombe State have expressed deep frustration over a prolonged power outage caused by repeated faults in their electricity transformer. The PUNCH reported that speaking on behalf of the affected residents, Mr. Gaius Lamela described the situation as both recurring and financially draining. “Initially, when the […]

India warns YouTube, X, others over child abuse content
Technology

Ireland begins digital ID to confirm social media users’ ages

The Irish Government is encouraging citizens to explore the new official ‘Government Digital Wallet’ as it launches its training phase. Similar initiatives are underway globally, with countries such as Nigeria, Laos, New Zealand, and the US state of California piloting their own digital ID platforms, as governments seek to enhance security and streamline administrative processes. […]

featured

ECOWAS Bank approves $100m for Nigeria’s Lagos–Calabar coastal highway

The ECOWAS Bank for Investment and Development has sanctioned $266.7 million for key development projects across West Africa, including a $100 million allocation for Nigeria’s Lagos–Calabar Coastal Highway. This was disclosed in a statement posted on the Bank’s website on April 2, 2026. EBID stated that the approvals were made during its 95th Board of […]

Investment

Nasarawa attracted $2.3bn investments in four years — Official

Nasarawa State has attracted over $2.3 billion in investments between 2022 and 2025 since the inception of its first investment summit. The Managing Director and Chief Executive Officer of the Nasarawa State Investment and Development Agency, Ibrahim Abdullahi, disclosed this on Thursday in Lafia while unveiling the third Nasarawa Investment Summit. The summit is scheduled […]

Microsoft sharepoint cyberattack hits 400 victims - Researchers
Tech

Microsoft unveils three models for text, speech, images

Microsoft AI, the company’s research division, on Thursday unveiled three foundational artificial intelligence models capable of generating text, speech and images. The move underscores Microsoft’s determination to expand its own multimodal AI capabilities and strengthen its position against competing AI labs, despite its ongoing partnership with OpenAI. MAI-Transcribe-1 converts speech into text across 25 languages […]