Blog

Australia fines Google $36m over anticompetitive search engine deals
Tech

Father sues Google over son’s death tied to AI chatbot

The family of a man who formed a close bond with an artificial intelligence chatbot has filed a wrongful death lawsuit against Google and its parent company Alphabet Inc., raising new concerns about the safety and regulation of generative AI platforms. Jonathan Gavalas, 36, began using Google Gemini, the company’s AI chatbot, in August 2025 […]

Dangote Cement plans third share buyback in two years
Business

Dangote Cement plans $1bn investment to expand African production

Dangote Cement plans to invest $1 billion over the next four years to expand its production capacity across Africa, as increasing infrastructure development continues to drive demand for building materials. The expansion plan was revealed during an investor conference call in Lagos by the company’s Chief Financial Officer, Gbenga Fapohunda. The investment reflects the company’s […]

Tech

Google unveils cinematic video overviews turning notes into videos

Google has rolled out a new feature, ‘Cinematic Video Overviews’, in the latest NotebookLM Studio update, enabling users to turn their research and notes into short, easy-to-understand videos. This addition makes it simpler to grasp complex information through visual storytelling. This was disclosed by the tech giant through NotebookLM’s official social media, noting Cinematic Video […]

MultiChoice denies DStv, GOtv subscription prices claims
Business

Canal+ shuts down Showmax amid heavy annual losses

Canal+ has taken a bold first step as the new owner of MultiChoice, shutting down the loss-making streaming service Showmax. The move comes after a “comprehensive” review of Showmax, known for premium original series like Spinners, Catch Me a Killer, and Khaki Fever, which revealed the platform was generating significant annual losses. Canal+ acquired MultiChoice, […]

Business

Tinubu proposes grid asset management firm to boost power transmission

President Bola Ahmed Tinubu has recommended the creation of a Grid Asset Management Company to tackle ongoing issues in Nigeria’s electricity transmission network. This was disclosed by the Minister of Information and National Orientation, Mohammed Idris, following the Federal Executive Council meeting on Wednesday at the Presidential Villa in Abuja. Idris stated that the president […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Banking

Private sector credit drops to N75.24tn in January 2026

Credit extended by Nigerian banks to the private sector fell to N75.24 trillion in January 2026, down from N75.83 trillion in December 2025. The decline is highlighted in the latest monetary and credit data published by the Central Bank of Nigeria. Private sector credit includes loans, trade credits, non-equity securities, and accounts receivable provided by […]

Umahi threatens MTN over Enugu-Onitsha road, orders N15bn monthly payment
Business

FG okays demolition, reconstruction of Lagos’ Carter bridge

The Federal Executive Council has given the green light for the demolition and rebuilding of Lagos’ Carter Bridge. Minister of Works, David Umahi, announced the approval on Wednesday while briefing journalists at the State House in Abuja following an FEC meeting chaired by President Bola Tinubu. Umahi added that the council also sanctioned N5.6 billion […]

Electricity

TCN rolls out $1.3b transmission projects nationwide

The Transmission Company of Nigeria has announced that transmission projects worth more than $1.3 billion, financed by multilateral development partners, are currently underway nationwide. These initiatives aim to expand grid capacity and enhance power delivery across the country. Implemented through various Project Management Units, the projects are funded via loans and grants guaranteed by the […]

Business

CBN attracts N2.34 trillion treasury bills bid, allocates N1.01tn

The Central Bank of Nigeria received N2.34 trillion in bids at its N1.05 trillion Treasury Bills Primary Market Auction on March 4, 2026, ultimately allotting N1.01 trillion across the three tenors offered. The apex bank released the auction results at the close of business on Wednesday. The outcome underscores strong investor demand for government securities, […]

Business

NIPCO to build 20 CNG stations across Nigeria

NIPCO Gas Limited has revealed plans to build 20 additional compressed natural gas stations across Nigeria as part of efforts to expand gas utilisation and support the Federal Government’s clean energy transition and post-subsidy reform agenda. The Managing Director of NIPCO Gas Limited, Nagendra Verma, made the disclosure during a recent media engagement at his […]

Business

Modular refineries could ease diesel shortages – CORAN

The Crude Oil Refineries Association of Nigeria has said modular refineries could meet more than 10 per cent of Nigeria’s diesel demand but cited limited access to feedstock as a major constraint. CORAN’s Publicity Secretary, Eche Idoko, stated this in an interview while reacting to a report by the Nigerian Midstream and Downstream Petroleum Regulatory […]

Maritime

National Single Window to boost Nigeria’s trade ecosystem – Gbajabiamila

Nigeria is set to launch its long-awaited National Single Window platform on March 27—a development Femi Gbajabiamila, Chief of Staff to the President, has hailed as a “monumental” advancement for the nation’s trade landscape. Gbajabiamila made this disclosure during a stakeholder gathering at the State House in Abuja, which brought together ministers, agency heads, and […]