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Scams

US jails Nigerian man 90 months for $4m fraud

The United States Immigration and Customs Enforcement has announced that a Nigerian national, James Junior Aliyu, has been sentenced to 90 months in prison for his role in a wire fraud and money laundering conspiracy involving the hacking of business email systems. In a statement issued on Saturday, the agency said Aliyu “will serve a […]

Entertainment

Nigeria, S’Africa to livestream S’Korean stars BTS comeback album on Netflix

South Korean boy band BTS (Bangtan Sonyeondan) is making their comeback after almost four years on hiatus to fulfill their mandatory military enlistment. The long-awaited comeback from the boy group includes an album (Arirang) set to be released on the 20th of March, 2026, along with a Netflix collaboration of their first live concert in […]

Elon Musk to remove light mode on 'X' platform
featured Scams

Musk found guilty of misleading Twitter shareholders to acquire company

A federal jury in San Francisco, California, ruled on Friday that tech billionaire Elon Musk provided false information to Twitter shareholders, leading to a drop in the company’s stock price during his preparations to acquire it for $44 billion. The verdict came in a class-action securities lawsuit. It could force Musk, currently the world’s richest […]

featured Oil and Gas

Dangote Refinery raises petrol price to ₦1,245/itre

Dangote Petroleum Refinery has announced a fresh increase in the price of Premium Motor Spirit, also known as petrol. The refinery cited escalating global geopolitical tensions and rising crude oil costs as the driving factors. In a notice sent to petroleum marketers late Friday, the refinery revealed that its ex-depot (gantry) price would rise from […]

Oil and Gas

S’Africa, others turn to Dangote Refinery amid Iran war

Several African countries, including South Africa, have approached the Dangote Petroleum Refinery to secure fuel supplies following disruptions linked to the ongoing conflict involving Iran, Bloomberg reports on Friday. Findings showed that the 650,000-barrels-per-day refinery owned by Nigerian billionaire Aliko Dangote has received multiple inquiries from governments seeking alternative fuel sources. South Africa is reportedly […]

Finance

Cross River disburses ₦500m loans to entrepreneurs

The Cross River State Governor, Bassey Otu, has reaffirmed his administration’s commitment to strengthening businesses and improving household livelihoods with the disbursement of N500 million in loans to entrepreneurs across the state. Represented by the Speaker of the State House of Assembly, Elvert Ayambem, the governor said the intervention forms part of deliberate efforts to […]

Food

Egg shortage looms as day-old chick prices surge 67%

Nigeria faces imminent egg shortages as day-old chick prices have surged 67 per cent in three months, according to BusinessDay’s findings. Poultry farmers are struggling to restock and boost production due to months-long waits for pullets, which are young hens produced for egg laying. The scarcity has driven the prices of day-old chicks to N3,000 […]

White House leads TikTok acquisition deal
Policy and Regulations

TikTok partners Nigerian regulators, removed 3.4million videos in 2025 — Report

TikTok has intensified its engagement with regulators in Nigeria and other African countries while ramping up enforcement against harmful content, resulting in the removal of millions of videos. The short-video platform removed approximately 3.4 million videos in Nigeria during the third quarter of 2025 for violating its community guidelines, according to its latest transparency figures. […]

Business

Crude prices fall amid efforts to stabilise Hormuz transit route

Oil prices declined on Friday after major European countries and Japan signaled support for efforts to ensure safe passage of ships through the Strait of Hormuz, while the United States announced measures aimed at increasing global oil supply. To help contain rising prices, U.S. Treasury Secretary Scott Bessent said Washington may soon lift sanctions on […]

Hackers breach North Korean spy group’s computer
Tech

US, others dismantle world largest cybercrime networks behind global attacks

Cybercrime specialists from Germany, the United States, and Canada have dismantled two of the world’s largest botnets, Aisuru and Kimwolf, believed to be responsible for major online attacks. Authorities announced on Friday that the coordinated international operation successfully shut down the massive bot networks. They said the networks “posed a significant threat to IT infrastructure […]

Business

African nations turn to Dangote as global energy crisis deepens

Dangote Petroleum Refinery and Petrochemicals is experiencing a surge in inquiries from African countries seeking fuel supplies as disruptions from the Iran war tighten global markets. This was disclosed in a Bloomberg report published on Friday. According to the report, several governments are scrambling to secure alternative sources of refined petroleum products amid the supply […]