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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

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Tech
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FG partners SON, NAFDAC to battle counterfeit, substandard goods

The Federal Government has formalised a major agreement to deploy the Products Authentication and Tracking System, in a decisive move to tackle counterfeit and substandard goods and restore confidence in Nigeria’s markets. According to a statement by the ministry on Thursday, the agreement was signed in Abuja under a Public-Private Partnership arrangement, bringing together the […]

Conferences

Sterling Bank hosts summit to unlock Nigeria’s transport, logistics potential

Stakeholders including industry leaders, policymakers, financiers and innovators converged at the inaugural Nigeria Transport & Logistics Summit 2026 hosted by Sterling Bank at Eko Hotel & Suites in Lagos. The gathering charted a clear way forward towards improving Nigeria’s transport and logistics sector by proposing actionable strategies for building a faster, more connected nation through […]

Aviation

China reopens direct air route to North Korea

China’s national airline resumed direct flights between Beijing and Pyongyang on Monday, shortly after passenger train services between the two capitals were restored. The Air China flight was greeted by Chinese Ambassador to North Korea Wang Yajun and other diplomats, Chinese state media reported. Passenger train services from China to North Korea resumed on March […]

China files complaint to WTO over Trump’s tariffs
Business

WTO talks deadlock as Brazil blocks e-commerce duties deal

World Trade Organization talks stalled on Monday after Brazil opposed a United States-led effort to extend the moratorium on customs duties for electronic transmissions, such as digital downloads, according to diplomats. WTO Director-General Ngozi Okonjo-Iweala said the expiration of the e-commerce moratorium now permits countries to levy tariffs on electronic goods. However, she added that […]

Czech Republic bans DeepSeek over data security concerns
Tech

China’s DeepSeek suffers over seven hours outage

DeepSeek’s chatbot experienced a significant outage lasting over seven hours overnight in China, leading the AI firm to roll out multiple updates in an attempt to resolve the problem. Users first reported disruptions on Sunday evening, according to Downdetector. The company’s status page confirmed an initial issue at 9:35 p.m., which it marked as resolved […]

Business

FG to begin Lagos port upgrades in Q2 2026

The federal government has announced that upgrades to Lagos’ Apapa and Tin Can Island ports will begin in the second quarter of 2026 and are expected to be completed within 48 months. On March 19, Nigeria and the United Kingdom signed a £746 million export finance agreement to support the redevelopment of the two key […]

Business opportunities in Nigerian waste collection industry
Business

Waste management key to strong urban governance – LAWMA

The Managing Director and CEO of the Lagos Waste Management Authority, Muyiwa Gbadegesin, highlighted that waste management is a key urban governance challenge, impacting public health, flood prevention, environmental sustainability, and the city’s overall efficiency. He stressed that successful waste management in Lagos depends on the joint responsibility of residents, operators, and government. The LAWMA […]

Business featured

US cuts Nigerian crude imports by nearly half

The United States significantly cut its imports of Nigerian crude oil in January 2026, with purchases falling nearly 47.2 per cent compared to December 2025, according to the latest data from the U.S. Census Bureau and the Bureau of Economic Analysis. The U.S. International Trade in Goods and Services report shows that crude oil imports […]

Electricity

Blackouts: GenCos, DisCos at odds over rejected power supply

Weeks of widespread power outages in Nigeria have intensified scrutiny of the country’s electricity sector, as power generation companies accuse distribution firms of deliberately rejecting allocated electricity loads, which has resulted in significant financial losses. In an interview, the GenCos stated that while gas shortages have reduced output from thermal plants, DisCos are also refusing […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
Business

NCC mandates airtime compensation for network outages

Telecommunications operators in Nigeria are now mandated to compensate subscribers with airtime credits for service disruptions under a new consumer protection framework unveiled by the Nigerian Communications Commission. The regulator stated that affected users in areas impacted by network outages will receive automatic compensation, signalling a tougher enforcement stance on quality-of-service standards across the industry. […]

Electricity

We’re ready to pay high tariff for stable power — FCT residents

Electricity consumers in the Federal Capital Territory say they are willing to pay high tariff for improved and sustainable power supply. According to The News Agency of Nigeria, Consumers who reside in Kuje, Kubwa, Gwagwalada, Lugbe, and Nyanyan spoke in separate interviews with journalists in Abuja on Sunday. Monday Oriafo, a civil servant resident in […]

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