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Lagos insists on valid planning permits for all

  • 16th May 2025
UK economy hits unexpected growth

Reforms position Nigeria as emerging investment hub –

  • 15th May 2025
Ogun cargo airport to employ 25000 youths on completion - Dapo Abiodun

Mamuda Beverages invests $50m in new industrial facility

  • 14th May 2025

Nigeria ships first Obodo crude blend, says NUPRC

  • 14th May 2025

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New Zealand drops translation requirement, eases visa process

New Zealand drops translation requirement, eases visa process

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Diaspora Nigerians to pay ₦80,000 for remote BVN

Diaspora Nigerians to pay ₦80,000 for remote BVN

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NELFUND to launch vocational loan scheme in Enugu by July

NELFUND to launch vocational loan scheme in Enugu by

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Ecobank raises $125m in oversubscribed Eurobond issuance

Ecobank raises $125m in oversubscribed Eurobond issuance

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No plans to increase fuel price - NNPCL
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NNPCL workers threaten strike over external appointments into top roles

Workers of the Nigerian National Petroleum Company Limited have issued a stern warning to the newly appointed Group Chief Executive Officer, Bayo Ojulari, over alleged plans to appoint external candidates to top management positions. In a letter jointly signed by leaders of the Petroleum and Natural Gas Senior Staff Association of Nigeria and the National […]

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DMO launches April FGN savings bond with 17.046% interest

The Debt Management Office of Nigeria has launched the subscription for the April 2025 FGN Savings Bond, offering interest rates of up to 17.046% per annum for retail investors. According to the DMO’s official notice, the bond offering is structured as follows: 2-Year FGN Savings Bond due April 16, 2027: 16.046% per annum; 3-Year FGN […]

Tech

Sanwo-Olu to unveil newly-built 12mw data hub

Lagos State Governor, Babajide Sanwo-Olu, will inaugurate Rack Centre’s 12-megawatt LGS2 data centre on April 10. This facility is set to double Nigeria’s national data centre capacity and strengthen Lagos’ position as West Africa’s digital hub. However, Africa’s data centre landscape is still led by South Africa, which holds nearly 50% of the continent’s capacity. […]

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Compensation for section two of Lagos-Calabar highway to begin April 26

The Minister of Works, David Umahi, announced that compensation payments for Section 2 of the Lagos-Calabar Coastal Highway will begin on April 26, 2025. He made this disclosure during a stakeholders’ meeting held on Sunday at Eko Hotel, Victoria Island, Lagos State. He said, “On section 2 of the Lagos-Calabar Coastal Highway, verification should start […]

Aviation

FAAN holds talks with Customs CG, NSA to avoid strike

The Federal Airports Authority of Nigeria has engaged with the Controller General of the Nigeria Customs Service, Adewale Adeniyi, to address the concerns of aviation workers who are protesting the conduct of Customs officers at the Lagos airport. The branch Chairman of the Air Transport Services Senior Staff Association of Nigeria at FAAN, John Ogbe, […]

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Naira slips 2.6% in March, despite $668m CBN support

The naira weakened further in March 2025, recording a 2.4% depreciation at the Nigerian Autonomous Foreign Exchange Market and a 2.6% decline in the parallel market compared to February. According to Afrinvest’s latest Monthly Market Report titled “Analysing Global and Nigerian Economies & Financial Markets,” the exchange rate fell to ₦1,536.82/$ at NAFEM and ₦1,530.00/$ […]

Google is rolling out a new feature in its Gemini API that it says could significantly reduce the cost of using its advanced AI models.
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Google expands AI Mode with multimodal search for images

Google is enhancing its experimental AI Mode within Google Search by introducing multimodal search, allowing users to ask complex questions about images they upload or take with their camera. The feature, announced in a blog post on Monday, builds on the visual search capabilities of Google Lens and represents a significant step in making search […]

Microsoft unveils generative AI gaming with Quake II
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Microsoft unveils generative AI gaming with Quake II

Microsoft has unveiled a browser-based, AI-driven version of Quake II as a tech demo for its Copilot AI platform — offering users a short, experimental glimpse into what the future of AI-generated gameplay might look like. The interactive demo allows users to play a single level of Quake II for a limited time using keyboard […]

Apple partners Anthropic on AI-Powered 'vibe coding' platform
Tech

Apple wins legal fight against UK over iPhone backdoor secrecy

Apple has won a legal battle against the UK government’s attempt to keep parts of its appeal secret. The case centers on a controversial order that would require Apple to create a “backdoor” into iPhones — essentially a way for authorities to access encrypted user data. On Monday, the U.K.’s Investigatory Powers Tribunal dismissed the […]

Microsoft to cut 6,000 jobs amid rising AI investment costs
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Microsoft joint venture Wicresoft to exit China, 2,000 jobs affected

A joint venture between Microsoft and local partners, Wicresoft, will cease its operations in China starting Tuesday, leading to the layoff of approximately 2,000 staff, according to a report by Chinese financial outlet Caijing. The move follows Microsoft’s decision to stop outsourcing its after-sales support in China to Wicresoft, sparking concerns over how the tech […]

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Court adjourns Binance tax evasion case to April 30

Court has postponed proceedings in a tax evasion case against global cryptocurrency exchange Binance until April 30 to allow the country’s tax authority time to respond to a motion challenging the validity of court documents served via email. The move follows an application by Binance’s legal representative, Chukwuka Ikwuazom, who asked the court to nullify […]

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DisCos hit 94.61% energy offtake in Q4 2024 – NERC

The Nigerian Electricity Regulatory Commission has reported that electricity distribution companies achieved a cumulative energy offtake performance of 94.61% in the fourth quarter of 2024. This marks a 4.14 percentage point increase compared to the third quarter of 2024, as revealed in the recently released NERC 2024/Q4 Report. According to the report, five DisCos surpassed […]

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