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Afriland Towers fire death toll hits 10
featured News

Afriland Towers fire death toll hits 10

The number of confirmed fatalities from the fire that engulfed Afriland Towers, a six-storey commercial complex on Broad Street, Lagos Island, has climbed to 10. United Capital Plc, which operates from the 3rd and 4th floors of the building, announced on Thursday that six of its staff members died in the incident. This disclosure follows […]

Banking

Afriland fire: We, others lost colleagues, Tony Elumelu mourns

The Chairman of Afriland Properties Plc, Tony Elumelu, has returned from New York, where he was attending the United Nations General Assembly, after a fire at Afriland Towers in Lagos claimed the lives of several staff members. In a statement on Wednesday, Elumelu described the tragedy as a devastating loss for the Afriland family and […]

Google launches AI-powered app NotebookLM
Tech

Nigeria issues security advisory on Google Chrome vulnerabilities

The Nigeria Data Protection Commission has issued a security advisory alerting the public to multiple vulnerabilities identified in Google Chrome. In a notice posted on its official X handle, the Commission warned that the flaws could expose users to significant risks if exploited and outlined recommended measures for protection. “Multiple vulnerabilities have been discovered in […]

No issue with crashed Air India plane's fuel switches - Report
Aviation

Boeing sued over Air India flight 171 crash

Boeing and Honeywell International are facing a lawsuit from the families of four victims of the Air India Flight 171 crash, which killed 261 people in June after takeoff from Ahmedabad. The complaint, filed in Delaware Superior Court, United States alleges that a defective Honeywell-manufactured fuel cutoff switch, installed by Boeing on the 787-8 Dreamliner, […]

Nigeria expecting $2.2bn loans from World Bank - Minister
News

FG disburses N330b cash transfers to poor, vulnerable households

The federal government has disbursed about N330 billion in direct cash transfers to poor and vulnerable households nationwide under its revamped social protection programme. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this on Wednesday in Abuja. He explained that the government had resumed full implementation of the national social safety […]

Microsoft sharepoint cyberattack hits 400 victims - Researchers
Tech

Microsoft signs $6.2b AI infrastructure deal in Norway

Microsoft has agreed to pay $6.2 billion over five years to access hyperscale artificial intelligence infrastructure in Norway, in a deal with data centre operator Nscale Global and Norwegian investment firm Aker. The Narvik-based project will begin phased deployments in 2026 and provide high-performance AI compute capacity powered entirely by renewable energy, the companies said […]

featured News

Four FIRS staff die in Afriland Towers fire

Tragedy struck at Afriland Towers on Broad Street, Lagos, on Tuesday when a fire outbreak claimed the lives of four staff members of the Federal Inland Revenue Service. The victims, identified as Mrs. Ekelikhostse George (Assistant Director), Mr. David Sunday-Jatto (Assistant Director), Mrs. Nkem Onyemelukwe (Senior Manager), and Mr. Peter Ifaranmaye (Manager), were working at […]

Scams

IPPIS accountants plead guilty to diverting N1.17m salaries

A Federal High Court in Lagos has fixed September 18 for the review of facts in a charge against two staff members of the Integrated Payroll and Personnel Information System over alleged corruption. The defendants, Shola Onasanya, a Chief Accountant, and Halimat Olalere, a Principal Executive Officer of accounts, are both staff members of the […]

China denies link to cyberespionage group accused of targeting Singapore
featured News

China’s youth unemployment rate hits record high again

China’s youth unemployment rate hit a record in August since publication resumed under a revised calculation last year, adding to a recent string of gloomy economic data. The NBS announced that China’s overall unemployment rate in August stood at 5.3 per cent — up slightly from 5.2 per cent in July. The government’s jobless rate […]

Opinion

Ndume urges NUPENG, DAPPMAN to support Dangote Refinery

Former Senate Leader, Ali Ndume, has urged players in Nigeria’s downstream oil sector to support one another instead of engaging in a war of attrition which has the potential of destroying the nation’s economy. Ndume made the appeal following the face-off between the management of Dangote Refinery and the Nigerian Union of Petroleum and Natural […]

featured Scams

‘Yahoo boys’ worsening visa restrictions for Nigerians — EFCC

The Economic and Financial Crimes Commission has raised alarm that the growing menace of internet fraud is worsening visa restrictions for law-abiding Nigerians seeking to travel abroad. EFCC Chairman, Ola Olukoyede, warned that cybercrime not only jeopardizes the future of those directly involved but also tarnishes Nigeria’s reputation on the global stage, leading to stricter […]

Why naira-dollar can't be stable - Minister
Economy

Nigeria needs $100bn annual investment to achieve 2050 goals — Bagudu

Nigeria must attract at least $100 billion in investments annually to meet its ambition of becoming a middle-income country by 2050, according to Minister of Budget and National Planning, Atiku Bagudu. Bagudu made the remark at a one-day policy dialogue on Deepening Legislative-Executive Synergy for Effective Economic Governance in Nigeria, organised by the National Institute […]