Business

Flutterwave denies reports of $75m FG investment

  • 21st April 2026

Tinubu sacks finance, housing ministers in FEC reshuffle

  • 21st April 2026

Fraudsters demand crypto for safe passage through Strait

  • 21st April 2026

Tinubu appoints Fatima Zuntu as NBMA director-general

  • 21st April 2026

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Meta offered $100m bonuses to lure OpenAI staff, Altman alleges

OpenAI’s Sam Altman criticises Anthropic over AI risk messaging

Tech

Flutterwave denies reports of $75m FG investment

Business

Clarifai deletes 3m OkCupid photos used for AI training

Tech
Microsoft sharepoint cyberattack hits 400 victims - Researchers

Microsoft cuts Xbox subscription prices to reconnect with core

Tech

Blog

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta’s stock slides amid disappointing legal, AI concerns

Meta Platforms started the year as the standout Big Tech stock, but concerns over legal risks and heavy AI investments have surfaced, leading to last week’s 11 per cent drop. Shares of the parent company of Facebook and Instagram have fallen 19 per cent this month, on track for their worst monthly performance since October […]

Tech

UK fines Apple £390,000 over Russian streaming payments

The UK government has imposed a £390,000 fine on an Apple subsidiary for violating sanctions against Moscow through payments made to a Russian streaming service. Apple Distribution International, headquartered in the Republic of Ireland, directed a UK-based bank to process two payments to a company owned by a sanctioned Russian entity. The payments, totalling more […]

featured Oil and Gas

US-Israel-Iran war pushes oil prices to $117/barrel

Israel and Iran exchanged fresh missile strikes on Monday, driving oil prices sharply higher and fueling fears that the United States could escalate the conflict with potential ground raids on Iran’s Gulf islands. Iran retaliated with new attacks on a water desalination plant in Kuwait after domestic electrical facilities were hit over the weekend, leaving […]

featured News

Trump threatens to seize Iran’s oil fields amid tensions

United States President Donald Trump has said the US could move to seize Iran’s oil resources, including the key export terminal at Kharg Island, as tensions between the US, Iran and Israel continue to escalate. In an interview with the Financial Times on Sunday, Trump compared the possible move to Washington’s stance in Venezuela, where […]

Investment

Foreign investment in Nigeria’s manufacturing sector dropped 51% in 2025

Foreign investment inflows into Nigeria’s manufacturing sector have suffered a sharp decline over the past two years, underscoring weakening investor confidence in the country’s real sector despite a surge in overall capital importation. Data obtained from the National Bureau of Statistics show that capital importation into the Production/Manufacturing sector fell by 51.44 per cent to […]

Foreign flights fully booked despite naira scarcity
Aviation

Africa’s airline seat capacity hits 24.8m in March

Africa’s airline seat capacity climbed to 24.8 million in March 2026, marking a 10.4 per cent increase compared with March 2025. The figures were published in OAG’s Africa Aviation Market: Monthly Airline Data Updates for the African Market. According to the report, growth was recorded across both international and domestic routes, reflecting sustained recovery and […]

Business

60% of employers say Nigerian graduates not job-ready — Report

Nearly 60 per cent of employers in Nigeria say graduates are not job-ready, underscoring a widening gap between academic training and industry expectations, a new report has revealed. This comes as experts urged Nigerian undergraduates to boost their employability by acquiring soft skills and leveraging opportunities both within and beyond the classroom before graduation. According […]

Policy and Regulations

MANEG raises alarm over CBN policy favouring oil firms

Manufacturers under the aegis of the Manufacturers Association of Nigeria Export Group have raised concerns over what they described as a policy imbalance by the Central Bank of Nigeria, following its recent decision to allow International Oil Companies unfettered access to repatriate 100 per cent of their export proceeds. The apex bank last week scrapped […]

Food

Nigeria’s food market valued at $233.53bn in 2025

The Nigerian food market has been estimated to be around $233.53 billion in 2025, with an expected annual growth rate of 10.76 per cent from 2025 to 2030. Vanguard reported that the Managing Director of fair-trade Messe, Paul Marz, organiser of the annual Nigeria agrofood Exhibition and Conference, stated this in his welcome address at […]

Finance

Profit taking drags Nigerian stock market down by ₦156bn

Profit taking by investors characterised the Nigeria stock market last week, leading to the decline in the major performance indicators. Specifically, the Nigerian Exchange Limited market capitalisation, which represents the value of equities listed on the Exchange, dropped to N128.969 trillion last week from N129.125 trillion the previous week. Similarly, another significant performance indicator – […]

Investment

Nigeria’s reforms attracting strong domestic, global investments – NGX

The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group Plc, Temi Popoola, has said Nigeria’s ongoing economic reforms are already strengthening domestic capital formation and positioning the country for deeper global investment partnerships. The News Agency of Nigeria reported that Popoola made this known while speaking at the Nigeria–United Kingdom Investment Roundtable organised by […]

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