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Nigeria secures $155m clean energy investments

  • 26th July 2026

NGX sheds 0.19% as Presco, banks drag index

  • 25th July 2026

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  • 25th July 2026

US imposes new tariffs on UK, Canada, others

  • 24th July 2026

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Etihad Airways to resume flight operations in Nigeria

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Nigeria secures $155m clean energy investments

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World Bank to phase out lending to China by 2031

The World Bank on Thursday confirmed that it plans to phase out its lending to China by 2031, according to the organization’s new country partnership framework for the world’s second-largest economy. AFP first reported that the multilateral lender would be making the move last month. “IBRD lending will continue to phase down during the CPF […]

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NDIC educates Ebonyi students on deposit protection, money management

The Nigeria Deposit Insurance Corporation has organised a financial literacy campaign for students in Ebonyi State to enhance their knowledge of personal finance and create awareness about the protection of bank deposits. Vanguard reported that the awareness programme was held for staff and students of Urban Model Secondary School, Abakaliki, as part of activities marking […]

Entertainment featured

TikTok removes 4.8 million Nigerian videos in Q1

TikTok says it removed more than 4.8 million videos in Nigeria during the first quarter of 2026 as it intensified enforcement against harmful content and strengthened Artificial Intelligence safety measures. The platform disclosed this in its Q1 2026 Community Guidelines Enforcement Report, saying the removed videos represented 0.6 per cent of all content uploaded by […]

Business

US plans new vehicle safety rules for emergency exits

United States government is set to develop new safety requirements for automakers to ensure drivers and passengers can escape their vehicles in emergencies. The rule-making process, outlined in a regulatory filing and first reported by Bloomberg, follows a series of incidents, including fatal cases, involving people becoming trapped inside vehicles fitted with flush, electronically operated […]

Tech

Microsoft drops OpenAI image models from PowerPoint, Bing

Microsoft is removing OpenAI’s image-generation models from two of its most prominent consumer products, PowerPoint and Bing, and replacing them with its own MAI-Image technology. Microsoft AI lead, Mustafa Suleyman, said the decision was driven by the in-house model’s performance, describing it as “faster,” “cheaper” and “higher quality,” while also improving user retention, according to […]

Tech

Anthropic upgrades Claude voice mode as AI rivalry intensifies

Anthropic is expanding the capabilities of its Claude chatbot’s voice mode, allowing users to interact with the company’s Opus, Sonnet and Haiku models through voice conversations. The update comes weeks after rival OpenAI launched a new family of conversational models and upgraded ChatGPT’s voice mode, intensifying competition in the rapidly growing AI assistant market. Anthropic […]

Business

US warns Iranian hackers target American water, energy systems

The United States government has warned that Iranian state-backed hackers are actively breaching and disrupting industrial control systems used by American water and energy providers. The alert comes months after federal agencies warned of increased cyberattacks by Iranian actors amid the ongoing war. In an advisory updated Wednesday, the FBI, NSA, Department of Energy and […]

Business

US warns EU actions could undermine trade talks

The Trump administration has renewed its trade criticism of the European Union, warning that fines imposed on US technology companies and a recent loan to Airbus SE could undermine constructive negotiations. “A real dialogue can only take place during a ceasefire,” US Trade Representative Jamieson Greer said in a statement on Thursday. “The EU’s recent […]

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OPSN rejects proposed 3% additional pension contribution

The Organised Private Sector of Nigeria has raised concerns over the recent announcement by the Director-General of the National Pension Commission on a proposed increase in mandatory pension contributions, including the introduction of an additional annual contribution equivalent to three per cent of employers’ total wage bills. The OPSN comprises the Manufacturers Association of Nigeria, […]

Energy

Oil prices top $100 as Red Sea attacks threaten global supply

Global oil prices surged above $100 per barrel on Thursday for the first time in nearly two months as escalating attacks on commercial vessels in the Red Sea intensified concerns over prolonged disruptions to crude supplies along key global trade routes. Brent crude, the international benchmark, climbed more than seven per cent to $100.69 per […]

Banking

UBA wins Nigeria’s best retail, sustainability bank awards

United Bank for Africa Plc has strengthened its position as one of Africa’s leading financial institutions after being named Nigeria’s Best Bank for Retail and Best Bank for Sustainability Leadership at the prestigious 2026 Euromoney Awards for Excellence. The awards, presented on Thursday in London, recognise financial institutions that demonstrate strong performance, innovation, customer impact […]

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