Blog

American company PayPal has introduced a new cryptocurrency stablecoin called PayPal USD.
Tech

PayPal to expand stakes in German ecommerce firm Shopware

PayPal plans to boost its ownership in German ecommerce company Shopware from around 11 per cent to approximately 41 per cent, Bloomberg reports citing familiar sources. Founded by Sebastian and Stefan Hamann, Shopware offers ecommerce solutions for merchants. The extra shares are being purchased from a Carlyle Group fund. PayPal and Carlyle previously invested $100 […]

Why Nigeria needs 33,000MW for stable power supply – DisCos
Electricity featured

ICYMI: Enugu residents face 10-day blackout over TCN rehabilitation

MainPower Electricity Distribution Limited has announced scheduled power outages across Enugu metropolis from Wednesday, October 22, to Thursday, October 31, 2025. The outages will occur daily between 9 a.m. and 5 p.m. during this period. The Head of Corporate Communications at MainPower, Mr. Emeka Ezeh, made the disclosure in Enugu on Monday, according to the […]

Business Oil and Gas

W’African regulators lunch forum to harmonise fuel prices, boost trade

West African midstream and downstream regulators have announced plans to establish a new forum aimed at harmonising fuel prices and enhancing petroleum product trade across the region. This initiative was a major outcome of the inaugural West African Refined Fuel Market Conference, held recently in Abuja and jointly organised by the Nigerian Midstream and Downstream […]

Oil and Gas

PTI plans modular refinery to boost Nigeria’s refining capacity

The Petroleum Training Institute has announced plans to introduce a new, more flexible modular refinery aimed at strengthening in Nigeria’s local refining capacity and advancing self-sufficiency in oil and gas technology. PTI Principal and Chief Executive Officer, Samuel Onoji, made this disclosure at a world press conference on Monday in Abuja ahead of the 4th […]

Aviation

Passengers stranded for hours over Max Air pilots, management dispute

Drama erupted at Maiduguri International Airport on Monday after more than 100 Max Air passengers were left stranded for hours following a standoff between the airline’s pilots and management over unpaid debts. The situation caused panic and confusion among travellers who had already boarded the aircraft and were waiting for takeoff. An eyewitness, who declined […]

Governor AbdulRahman AbdulRazaq
News

Kwara adopts new system to speed up CofO issuance

Kwara State has unveiled an automation system for land matters, effectively turning the page on manual processing and enabling applicants to get titles for their land within two weeks to 30 working days, provided all necessary conditions have been met. Governor AbdulRahman AbdulRazaq made the disclosure at the launch of the Kwara State Geographic Land […]

Transportation

FRSC assures instant driver’s licence with digitalised biometric system

The Federal Road Safety Corps has announced that obtaining a driver’s licence in Nigeria will now be faster and more seamless following the introduction of a new contactless biometric capture system. This technology is specifically designed to eliminate the use of temporary licences and the long waiting periods that have historically frustrated applicants. The Corps […]

Business

Pizza Hut to close 79 UK restaurants, delivery sites

Pizza Hut UK is closing 68 restaurants and 11 delivery sites, resulting in the loss of 1,210 jobs after entering administration. DC London Pie Limited, the company operating Pizza Hut’s UK outlets, appointed FTI Consulting as administrators on Monday. A business falls into administration when it has become insolvent, unable to pay its debts, and […]

featured News

Presidency denies selective justice as EFCC recovers ₦500bn under Tinubu

Vice President Kashim Shettima has disclosed that the Economic and Financial Crimes Commission has recovered assets worth over ₦500 billion and secured more than 7,000 convictions in the past two years. Shettima, who represented President Bola Tinubu on Monday at the opening of the 7th edition of the EFCC–NJI Capacity-Building Workshop for Judges and Justices […]

NCC, Telecom operators urge states to review policies for broadband expansion
Business

Heavy usage overwhelming telecom networks in Lagos, Abuja — NCC

The Nigerian Communications Commission has blamed the poor telecom service quality in Lagos, Abuja, and other major cities on insufficient network capacity to handle heavy usage in densely populated areas. In a report developed in partnership with broadband analytics firm Ookla, the Commission said its research showed that network congestion in urban centres is a […]

Tech

Amazon resolves major outage disrupting websites, apps worldwide

Amazon Web Services says it has resolved the major outage that caused widespread connectivity problems for numerous popular websites and apps globally. In an update on Monday, AWS confirmed that the “underlying DNS issue has been fully mitigated,” adding that most of its service operations are now running normally. “Some requests may be throttled while […]

Tony Elumelu to give speech at ECOWAS forum
Conferences

Tony Elumelu advocates Africa’s inclusion in global AI revolution

The Chairman of United Bank for Africa PLC and Founder of the Tony Elumelu Foundation, Mr. Tony Elumelu, has strongly advocated for the deliberate inclusion of Africa in the global digital and Artificial Intelligence revolution, stressing that digital inclusion is economic inclusion. Elumelu made this case while speaking in Washington D.C. at a seminar on […]