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Prioritise infrastructure execution over bigger budgets – Okonjo-Iweala

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Entertainment featured

Netflix criticises Paramount’s $108bn bid for Warner Bros Discovery

Netflix has criticised Paramount’s $108 billion bid for Warner Bros Discovery, saying the rival studio is already saddled with quite a lot of debt. The streaming giant’s co-chief executive, Greg Peters, said this while speaking to Financial Times, stating that Paramount’s offer “doesn’t pass the sniff test,” adding that most WBD shareholders have yet to […]

Appointments

Nigeria has no Turkish ambassador yet, says Presidency

The Presidency has clarified that no ambassador has yet been deployed to the Republic of Turkey. In a statement issued on Friday, Bayo Onanuga, Special Adviser to the President on Information and Strategy, said only three ambassadors-designate have so far been approved by President Bola Tinubu. The three ambassadors-designate are those posted to the United […]

Finance

2026 budget: FG allocates N198.53bn for 9,230 intervention projects

An examination of the consolidated ZIP/ZIF master project sheet for the 2026 budget cycle reveals that the Federal Government has set aside N198.53 billion for 9,230 intervention projects across the country. These projects cover social welfare, infrastructure rehabilitation, agriculture, health, education, and community development. The dataset combines projects under intervention and recovery programmes. The allocation […]

News

Wizkid, Asake make African music history with ‘Jogodo’

Wizkid and Asake have etched their names into African music history with their new collaboration, “Jogodo.” The track has become the fastest African song to surpass 10 million streams on Spotify, reaching the milestone in under a week. According to data tracked by Charts Africa, the feat underscores the song’s record-breaking streaming pace on the […]

News

NEITI, EFCC, ICPC strengthen alliance against corruption in oil sector

The Nigeria Extractive Industries Transparency Initiative has intensified efforts to strengthen accountability in Nigeria’s oil, gas, and mining sectors by deepening its strategic partnership with the Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related Offences Commission. The renewed commitment was disclosed in a statement issued on Friday by NEITI’s Director […]

Why Nigeria needs 33,000MW for stable power supply – DisCos
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National grid collapse triggers widespread blackout nationwide

Nigeria was thrown into darkness on Friday after the national electricity grid collapsed, marking the first system failure of 2026. Figures from the Nigerian Independent System Operator showed that electricity generation nationwide fell to zero megawatts around 1:00 pm, confirming a complete grid shutdown. The incident led to widespread blackouts across the country, forcing electricity […]

TikTok launches campus verification to help students connect
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TikTok escapes US ban through majority American-owned JV deal

TikTok announced on Thursday that it has established a majority American-owned joint venture to operate its United business, allowing the company to avoid a ban over its Chinese ownership. The video-sharing app is a global digital entertainment powerhouse, but its mass appeal and links to China have raised concerns over privacy and national security. The […]

Electricity featured

FG bans payment for installing electricity meters, threatens prosecution

The Federal Government has banned electricity distribution companies and installers from collecting any form of payment for meters, warning that DisCo officials and installers found extorting customers will be prosecuted. The Minister of Power, Adebayo Adelabu, issued the warning on Thursday during an on-site inspection of newly imported smart meters at APM Terminals, Apapa, Lagos. […]

News

N-HYPPADEC begins construction of 26 solar-powered boreholes in Nasarawa

The National Hydroelectric Power Producing Areas Development Commission has commenced the construction of 26 solar-powered boreholes in vulnerable communities across 10 Local Government Areas of Nasarawa State. The Managing Director of N-HYPPADEC, Abubakar Sadiq-Yelwa, disclosed this during a courtesy visit to Governor Abdullahi Sule on Thursday at the Government House in Lafia, the state capital. […]

Tech

Google backs Japan’s Sakana AI to expand Gemini’s footprint

The move follows Sakana’s $135 million Series B funding round, which valued the company at around $2.6 billion. Although the exact investment amount was not disclosed, CEO David Ha said Sakana will gain access to Google’s foundation models, which are expected to enhance its product offerings. “Having more access to more foundation models, especially from […]

Business

UK sets £40bn target for education exports by 2030

The United Kingdom government aims to boost British education abroad, setting a new target of £40 billion in annual education exports by 2030. According to the Guardian, this policy replaces the 2019 goal of attracting 600,000 international students to UK campuses each year. The shift reflects a strategic adjustment in the UK’s international education approach, […]

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