Blog

Anthropic gives Claude AI power to end conversations
Tech

Anthropic accidentally removes thousands of GitHub repositories during code retraction

Anthropic unintentionally removed thousands of GitHub repositories while attempting to retract its leaked source code, calling the incident an accident. Anthropic unintentionally triggered the removal of thousands of GitHub repositories while attempting to retract copies of its most popular product’s source code from the internet. On Tuesday, a software engineer found that Anthropic had apparently, […]

Business

NNPC ships first Cawthorne blend cargo to international market

The Nigerian National Petroleum Company Limited has achieved a significant milestone with the export of 950,000 barrels of Cawthorne blend crude to the international market via the state-of-the-art FSO Cawthorne vessel, Nigeria’s first newly established crude oil terminal in five decades. In a statement, Sahara Group said the development confirms earlier reports on the export […]

Banking featured

CBN completes bank recapitalisation, raises N4.65trn

The Central Bank of Nigeria on Wednesday said it has concluded the banking sector recapitalisation programme, with 33 deposit money banks raising a total of N4.65 trillion in fresh capital to strengthen balance sheets and bolster the resilience of the financial system. The CBN announced the conclusion of the recapitalisation programme in a statement signed […]

Business

Pension industry forms consortium to bridge Nigeria’s infrastructure gap

The pension industry has commenced moves to establish an investment consortium aimed at bridging the huge infrastructural gap in the country. Director General of the National Pension Commission, PenCom, Ms. Omolola Oloworaran, disclosed this yesterday at a press briefing in Lagos after the first Pension Industry Leadership Council (PILC) meeting. Oloworaran disclosed that PILC is […]

Sterling Holdings reports 102% 2024 profit, ₦43.68bn earnings
Banking featured

Sterling Bank’s zero transfers saves Nigerians ₦2bn in fees

Sterling Bank is marking one year since it broke from industry norms by introducing its Zero Transfer Fees policy. The initiative has returned over N2 billion directly to customers and has fundamentally reshaped the cost of everyday banking across Nigeria. Launched on April 1, 2025, the policy eliminated transfer charges on the bank’s digital platform, […]

Access Bank nears final stages of National Bank of Kenya acquisition
featured Policy and Regulations

VIDEO: Lagos to seal Access Bank facility over alleged environmental violations

Lagos State Government has moved to seal off a facility belonging to Access Bank Plc in Oniru, Victoria Island, following allegations of environmental violations involving the discharge of untreated wastewater into public drains. The development was disclosed on Wednesday by the Commissioner for Environment and Water Resources, Tokunbo Wahab, who revealed that the action followed […]

Economy

World Bank backs Nigeria’s reforms, pushes state-level project execution

The World Bank has thrown its weight behind what it described as progress in Nigeria’s reforms, just as it has reaffirmed its strong support for the country’s reform agenda, highlighting the country’s steady progress towards economic recovery. Speaking on Wednesday in Abuja during a meeting with the Senate Committee on Capital Market, chaired by Senator […]

Visa opens first African data centre in South Africa
Tech

Visa unveils six AI tools to modernise credit card disputes

Visa is introducing six new AI-powered tools to streamline and modernize credit card dispute processes. The digital payments firm stated that the tools aim to lower costs and ease the frustrations of “outdated” dispute processes for all parties involved, merchants, issuers, and acquirers, according to CNBC. “Some of the challenges are these back-office systems are […]

Economy

PMI hits 53.2 points as Nigeria’s economy expands in March

Nigeria’s economy strengthened in March 2026, as the composite Purchasing Managers’ Index reached 53.2 points, the Central Bank of Nigeria reported. The reading marks the sixteenth consecutive month of expansion in overall economic activity. The data highlights sustained resilience across major sectors despite persistent macroeconomic challenges. Of the 36 subsectors surveyed, 31 showed growth, reflecting […]