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UK economy hits unexpected growth

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  • 15th May 2025
Ogun cargo airport to employ 25000 youths on completion - Dapo Abiodun

Mamuda Beverages invests $50m in new industrial facility

  • 14th May 2025

Nigeria ships first Obodo crude blend, says NUPRC

  • 14th May 2025
UK expands work visa sponsors for Nigerians

UK unveils major visa overhaul to cut legal

  • 11th May 2025

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Chinese hackers hack US Commerce chief's emails

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Nigeria’s inflation drops to 23.71% in April

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NNPCL fuel subsidy gains not fully remitted - World Bank

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US SEC approves ETFs to track Bitcoin
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German govt left with $582m worth of Bitcoin

The German government which has been a source of serious concern for the crypto industry due to its on-chain activity is currently left with $582 million worth of Bitcoin after shedding over 80% of its Bitcoin assets. The German government has been seriously selling a big cache of Bitcoin assets in recent weeks, adding to […]

News Oil and Gas

FG, IOCs agree on crude oil supply to local refineries

The federal government, through the Nigeria Upstream Petroleum Regulatory Commission has secured an agreement with producers to allow the sale of crude oil to local refiners at market prices. This deal marks the conclusion of a supply issue that has strained relations with international oil companies, according to Nairametric. The Nigerian Upstream Petroleum Regulatory Commission […]

Apple partners Anthropic on AI-Powered 'vibe coding' platform
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EU approves Apple’s plan to open up mobile wallet access

The EU antitrust investigators recognized Apple’s pledge to offer rivals access to its tap-and-go payments system, after a four-year probe. The commission stated it has agreed to acknowledge Apple’s offer since the commitment has resolved its concerns. This was disclosed by the EU antitrust Chief, Margrethe Vestager at a press conference on Thursday, according to […]

News Tech

Elon Musk wins lawsuit over Twitter severance payments

Alex Omenye Elon Musk is embroiled in multiple lawsuits following his 2022 acquisition of Twitter, during which more than 6,000 employees, including then-CEO Parag Agrawal, were terminated. On Tuesday, Musk secured a victory in one such lawsuit as a federal judge ruled that X Corp. does not owe additional severance to the former employees. The […]

Microsoft to boost startup speed of office apps
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Microsoft drops board observer seat at OpenAI amid antitrust scrutiny

Alex Omenye In a strategic move aimed at allaying antitrust concerns from regulators in the U.S. and UK, Microsoft has voluntarily stepped down from its board observer role at OpenAI. This decision comes amidst mounting regulatory scrutiny over the tech giant’s influence on the AI startup, particularly in the realm of generative artificial intelligence. The […]

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UK announces guidelines for listings to boost stock market growth 

The United Kingdom’s Financial Conduct Authority announced new guidelines on Thursday for the country’s stock market listings in an attempt to encourage growth following a slowdown in IPOs. The new rules, which take effect on July 29, will bring the UK’s listing system in line with those in other countries while also making it simpler […]

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Labour union’s wage demand could cost FG N85bn monthly – SBM

N250,000 minimum wage demand by organised labor’s N250,000 minimum wage proposal might cost the federal government an additional N85 billion per month, a new report by SBM Intelligence has shown. According to the Africa-focused geopolitical research business, the government putting such a large amount into wage payments may result in demand-pull inflation, in which the […]

News Telecommunications

State govts’ fees threaten success of fiber optic expansion — Telecom experts

Stakeholders in the telecommunications industry have stated that the Federal Government’s plan to build 90,000 kilometers of fiber optic cables across the country will face numerous challenges, particularly from state governments, who could jeopardize the project. They argue that until the existing issue of Right of Way charges, multiple taxation, and levies, which are controlled […]

CAC to delete inactive companies in 90 days
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CAC threaten to delist certificates of revoked BDCs licenses

The Corporate Affairs Commission has declared that it intends to cancel the incorporation certificates of Bureaux De Change whose licences were withdrawn by the Central Bank of Nigeria earlier this year. This was disclosed in a notice on its website on Wednesday, stating that the certificates would be canceled within three months if the affected […]

President Tinubu to reduce inflation to 15% by 2025
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FEC endorse procuring 2000 tractors, others to boost food production 

The Federal Executive Council has approved 2,000 tractors, 4,000 disc ploughs, and 1,200 tractor trailers, among other items, for the National Agricultural Mechanization Programme to increase food security in Nigeria. This was disclosed in a statement shared on Wednesday by the Special Adviser on Information and Strategy to the president via his X handle, outlining […]

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