Business

NGX gains ₦237.8bn as FUGAZ banking stocks lead

  • 8th August 2026

X scraps revenue sharing, unveils original content rewards

  • 8th August 2026

Spain to impose border controls on Italian passengers

  • 8th August 2026

Burger King regains second spot in US burger

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Nigeria risks losing $1.4bn US aid over Christians persecution

Finance

NGX urges Tinubu to support fintech’s domestic listing

Policy and Regulations

NGX gains ₦237.8bn as FUGAZ banking stocks lead Friday

Business

FG unveils unified regulatory framework for crypto industry

Policy and Regulations

Blog

China files complaint to WTO over Trump’s tariffs
Business

WTO hails China for dropping developing country trade benefits

The World Trade Organization praised China’s decision to forgo trade advantages linked to its developing country status, describing it as a step toward a fairer and more balanced global trading system. Premier Li Qiang announced that Beijing will no longer seek Special and Differential Treatment benefits in future WTO negotiations, according to Reuters. A Chinese […]

The British government has entered a strategic partnership with OpenAI, the American firm behind ChatGPT, to enhance collaboration on artificial intelligence
Tech

OpenAI expands $500b Stargate AI project despite delays

OpenAI is significantly expanding its $500 billion “Stargate” initiative, a massive AI infrastructure effort developed with partners including Oracle and SoftBank. The project has faced delays due to extended negotiations and site selection, according to SoftBank CFO Yoshimitsu Goto. Despite these challenges, OpenAI remains focused on ensuring Stargate can support the next phase of AI […]

Alibaba partners with Apple on AI for iPhones in China
Tech

Alibaba partners Nvidia to accelerate humanoid robot development

Alibaba announced on Wednesday a strategic collaboration with United States chipmaker, Nvidia to accelerate its work on humanoid robots. Alibaba announced the partnership in Hangzhou during a subforum of its annual developers’ conference, featuring panelists from both Nvidia and Alibaba Cloud Intelligence. The announcement sent Alibaba’s shares in Hong Kong up more than 9 per […]

Air Peace funds still trapped in CBN - Onyema
Aviation

Air Peace hosts travel partner forum ahead of Abuja–London launch

Air Peace Limited, Nigeria’s largest airline and a leading aviation player in West Africa, hosted a high-level Travel Partner Forum on Monday at the Transcorp Hilton, Abuja, ahead of the launch of its Abuja–London flights scheduled for 26 and 28 October 2025. The event brought together Air Peace’s top-selling travel agents, executive members of the […]

Interswitch loses N30bn to chargeback fraud - Report
Tech

Interswitch unveils platform to streamline corporate, consumer travel

Interswitch, Africa’s leading integrated technology company, has reaffirmed its commitment to advancing the continent’s travel and mobility sector with the launch of Quickteller Travel, a platform designed to streamline bookings and payments for travellers, corporates, and agencies. The company in a statement on Tuesday said that it unveiled the solution at the 21st Akwaaba African […]

Aviation

Nigeria signs MoU with UAE for advanced cargo system

The federal government has signed a Memorandum of Understanding with DALIL UAE to deploy Advanced Cargo Information systems across Nigerian airports. Minister of Aviation and Aerospace Development, Festus Keyamo, who signed on behalf of the federal government, described the agreement as a bold step towards repositioning Nigeria as a leading aviation and logistics hub in […]

OpenAI unveils GPT-5 amid rising industry investment
Tech

OpenAI, Oracle unveil first $500b AI infrastructure site

OpenAI and Oracle have unveiled the first site of the $500 billion Stargate program, a massive initiative to secure the computing infrastructure needed for next-generation AI. The new data center in Texas, United States, is now operational, equipped with Oracle Cloud infrastructure and racks of Nvidia chips. L Leased by Oracle, the facility is among […]

Policy and Regulations

NEITI applauds FG’s decision to revoke mineral licenses

The Nigeria Extractive Industries Transparency Initiative has commended the federal government for revoking 1,263 mineral licenses for failure to pay licensing fees and other statutory financial obligations. The licenses affected include 584 exploration licenses, 65 mining leases, 144 quarry licenses, and 470 small-scale mining leases. With this move, the total number of mineral titles revoked […]

Travel

QuickAir relaunches domestic GDS platform for travel agents

QuickAir Networks Limited has announced a corporate restructuring and the relaunch of its domestic Global Distribution System for Nigerian travel agents. As part of the restructuring, the company has appointed a new leadership team, with Engr. Suleiman Ibrahim as chairman, Dr. Segun Oyebolu as deputy chairman and chief executive officer, and Muyiwa Amoo as executive […]

News

Gov Kefas pledges massive development projects across Taraba

Governor Agbu Kefas of Taraba State has pledged to embark on massive development projects in all sections of the state for the well-being of the people. During a town hall meeting for the Southern Senatorial Zone, the governor reaffirmed his commitment to building a stronger and more prosperous state for all. The zone, comprising Ibi, […]

Finance

PenCom to pilot health insurance for retirees

The National Pension Commission has announced plans to pilot health insurance coverage for retirees within the next three months and activate the Minimum Pension Guarantee to safeguard retirees’ dignity and support a decent standard of living. According to the Director General of PenCom, Ms. Omolola Oloworaran, the regulator will also unveil a series of guidelines […]

Business

Global Energy Alliance commits $16m to enhance Africa’s energy access

The Global Energy Alliance for People and Planet has committed $16 million to enhance energy access and promote the deployment of clean energy initiatives across Africa. This announcement was made during the 80th session of the United Nations General Assembly and underscores support for Mission 300, a collaborative initiative led by the World Bank Group […]

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