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Business

Tesla sales surges as buyers rush to secure tax credits

Tesla’s third-quarter deliveries beat expectations on Thursday, driven by a surge in United States EV buyers rushing to secure tax credits before they expired at the end of September. The Elon Musk led company had repeatedly highlighted the deadline, pairing it with discounts and financing offers to accelerate sales and leases of its vehicles. However, […]

Business

CBN moves to reform fixed income market for transparency

The Central Bank of Nigeria has unveiled plans for a phased overhaul of the Nigerian Fixed Income Market to boost transparency and efficiency in the financial system. In a notice signed by the Acting Director of the Financial Markets Department, Okey Umeano, the CBN said the first phase will begin in November, with the bank […]

Dutch authorities fine Netflix €4.75m over data transparency breach
Tech

Netflix shares drop after Musk’s tweet against LGBTQ kids movie

Netflix Inc. shares fell over two per cent on Wednesday after Elon Musk urged subscribers to cancel their accounts, igniting debate over the company’s content policies and diversity strategy. Musk, the SpaceX, and social platform X owner, posted several messages calling for users to “Cancel Netflix,” adding in another post: “Cancel Netflix for the health […]

Banking

Stanbic IBTC names Chukwuma Nwokocha as new group CEO

Stanbic IBTC Holdings Plc has announced the appointment of Mr. Chukwuma Nwokocha as its substantive Group Chief Executive, effective October 2, 2025, following the receipt of all required regulatory approvals. The development was disclosed in a filing to the Nigerian Exchange on Thursday, October 3, 2025, signed by the Company Secretary, Chidi Okezie. Mr. Nwokocha […]

Oil and Gas

PENGASSAN denies signing reconciliation agreement with Dangote Refinery

The Petroleum and Natural Gas Senior Staff Association of Nigeria has stated that it was not a signatory to the communiqué that concluded its recent strike at Dangote Refinery. The union halted its nationwide strike on Wednesday following government intervention but maintained that its demands remain unresolved. Speaking on Channels Television’s The Morning Brief on […]

OpenAI board rejects Elon Musk-led buyout offer
Tech

OpenAI surpasses SpaceX with $500b market value

OpenAI has finalised a secondary share sale that values the company at US$500 billion, surpassing Elon Musk’s SpaceX to become the world’s most valuable startup. In the deal, current and former employees sold about US$6.6 billion worth of stock to investors including Thrive Capital, SoftBank Group, Dragoneer Investment Group, Abu Dhabi’s MGX, and T. Rowe […]

Aviation

Night flight operations resume at Uyo Airport after major upgrade

Victor Attah International Airport in Uyo has resumed night flight operations after completing upgrades to its navigational and lighting systems. Akwa Ibom State Governor, Umo Eno, announced the development on his official X account on Wednesday, October 1. He noted that he had instructed the Ibom Airport Development Company to finish the overhaul of the […]

MultiChoice denies DStv, GOtv subscription prices claims
Business

DStv subscribers in Ghana to get free package upgrades

The Ghanaian government has secured a deal with MultiChoice to upgrade DStv subscribers in the country to higher packages at no extra charge. TechAfrica News reported Wednesday that Minister of Communications, Digital Technologies, and Innovation, Samuel Nartey George, disclosed the agreement on Tuesday following a committee review of DStv’s pricing structure and subscription patterns in […]

Musk's DOGE team allegedly spying on US govt workers
Business

Elon Musk’s net worth hits $500b as Tesla shares rebound

Tesla CEO Elon Musk on Wednesday became the first individual to reach a net worth of nearly $500 billion, driven by a rebound in the EV maker’s stock and soaring valuations of his other ventures this year. As of 4:15 p.m. eastern time, Forbes’ billionaires index put his wealth at $500.1 billion. Musk’s wealth remains […]

Delta can sue CrowdStrike after outage canceled 7000 flights
Aviation

Delta planes collide at US airport, no injuries reported

Two Delta Air Lines regional jets made contact while taxiing at New York’s LaGuardia Airport, United States on the night of October 1, ABC news reports. Footage shared on X from a nearby plane showed flashing emergency lights on the tarmac and visible damage to one aircraft’s wing. Reports citing Air Traffic Control audio said […]

Business

Momentum builds for $25bn Nigeria-Morocco gas pipeline project

The $25 billion Nigeria-Morocco Gas Pipeline project is gaining momentum with the establishment of a dedicated project company and growing international financial support. Spanning nearly 6,000 km across West Africa, the pipeline aims to boost regional energy access while providing a reliable route for Nigerian gas exports to Europe. Morocco’s National Office of Hydrocarbons and […]