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Tinubu attributes strong corporate performance to FX, subsidy

  • 6th August 2026

NAICOM revokes Nigeria Reinsurance licence over capital requirement

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MEMAN backs cassava ethanol blending to cut petrol

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Fake agency DG opposes closed-door house questioning, seeks

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Tinubu attributes strong corporate performance to FX, subsidy reforms

Business

Moove raises $250m to scale autonomous vehicle business

Tech

Meta AI model breaches external system during security test

Tech

BREAKING: Tinubu orders EFCC to unfreeze Osun govt accounts

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Banking

US banks report strong Q4 2025 earnings amid loan growth

Major US banks reported robust earnings in the fourth quarter of 2025, supported by growing demand from borrowers, a development analysts say could be positive for future profitability, Reuters reports. According to company filings and statements reviewed by Reuters, Bank of America saw its average loans grow by eight per cent compared with the same […]

Technology

X blocks Grok from creating sexualized images of real people

Elon Musk-owned social media platform X has announced new restrictions on its artificial intelligence model, Grok, barring it from editing images of real people to depict them in revealing clothing in jurisdictions where such content is illegal. The move follows growing global outrage over the proliferation of sexualised AI-generated deepfakes. In a statement shared on […]

News

Yobe clears retirees’ N15.4bn gratuity backlog

The Yobe State Government has announced that it has paid a total of N15.4 billion to clear the backlog of gratuities owed to state and local government retirees. The disclosure was made on Wednesday by the Secretary to the State Government, Baba Wali, during a press briefing held in Damaturu to commemorate the six years […]

MTN, Banking stocks fuel NGX's bullish run
featured Oil and Gas

Fuel price hike looms as crude oil crosses $66/barrel

Pump prices of Premium Motor Spirit, also known as petrol, alongside other refined petroleum products such as Automotive Gas Oil and Household Kerosene, may rise soon following an increase in global crude oil prices. Crude oil, which serves as the primary feedstock for refined petroleum products, crossed the $66 per barrel mark on Wednesday, raising […]

Fraud losses decline in Nigerian banks in Q1 2024 - Report
Banking featured

Nigerians to pay VAT on bank transfers, USSD from January 19

Nigerians will begin paying a 7.5 per cent Value Added Tax on selected banking services from January 19, 2026, following a new government-backed regulatory directive affecting the financial sector. The new tax regime will apply to certain electronic banking transactions, including mobile bank transfers and Unstructured Supplementary Service Data transactions used widely across the country. […]

Aviation

NCAA, NSIB warn of safety lapses on airport aprons nationwide

The Nigerian Civil Aviation Authority and the Nigerian Safety Investigation Bureau have issued renewed warnings about poor coordination and safety lapses on airport aprons nationwide, cautioning that these deficiencies endanger lives, aircraft, and the integrity of Nigeria’s aviation system. The alert follows United Nigeria Airlines’ decision to ground one of its planes after a bird […]

Business

Dangote Refinery begins round-the-clock petrol supply

The Dangote Petroleum Refinery has begun night-time loading as it steps up efforts to maintain a daily supply of over 50 million litres of Premium Motor Spirit (petrol) nationwide, marking a transition to full 24-hour operations at Africa’s largest refinery. This follows the ongoing production ramp-up and logistics optimisation aimed at strengthening fuel security and […]

Google tests AI-powered Gemini in Calendar app
Mobile phones

Gemini launches Beta feature connecting Gmail, Photos, YouTube data

Google on Wednesday announced the launch of a new beta feature in its Gemini app designed to personalise responses by allowing the AI assistant to connect across a user’s Google ecosystem. The feature begins with integration across Gmail, Google Photos, Search and YouTube history. While Gemini previously had the ability to retrieve information from individual […]

featured Travel

US to suspend immigrant visas for Nigeria, 74 other countries

The United States’ State Department has announced that it will suspend the processing of immigrant visas for citizens of 75 countries whose nationals are considered likely to require public assistance while living in the United States. The announcement was made on Wednesday by the State Department, which is currently headed by Secretary Marco Rubio, following […]

Business

TotalEnergies to sell 10% stake in SPDC onshore assets

TotalEnergies has reached an agreement to sell its 10 per cent non-operated interest in Nigeria’s onshore oil project, formerly Shell Petroleum Development Company and now called the Renaissance Joint Venture, to Vaaris Resources. The company announced the deal on its website on Wednesday. This sale represents TotalEnergies’ second effort to divest the asset, after a […]

Entertainment

Nigerian censors board approved 1,185 films in 2025

The National Film and Video Censors Board has disclosed that it approved and classified a total of 1,185 films between January and December 2025. The figure represents an increase when compared to the 1,088 films classified by the board in 2024, indicating a rise in film submissions within the period under review. The Director of […]

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