Business

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

  • 15th August 2026

Nigeria’s exports to China jump 80% to $2.3bn

  • 15th August 2026

Anthropic revenue soars 1,360% ahead of planned IPO

  • 15th August 2026

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RMAFC completes review of Nigeria’s revenue allocation formula

Finance

BRICS explores merging payment systems to cut transaction costs

Finance

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

Business

AI-driven cyberattacks surge 56% – IBM

Business

Blog

Tech

Uber Freight hit by cyberattack as extortion group claims data breach

A hacking and extortion group has claimed responsibility for a cyberattack and data breach targeting Uber Freight, the logistics subsidiary of ride-hailing giant Uber. Uber Freight confirmed the incident but said its operations were not affected, with its systems continuing to function normally. The company is the latest transportation business reportedly targeted by the Helix […]

Tech

Meta removes over 750,000 under-16 accounts in Australia

Meta, the owner of Facebook and Instagram, said on Thursday that it had removed more than 750,000 accounts suspected to belong to Australians under the age of 16 since Australia’s world-first social media ban for teenagers took effect. The company said it deactivated 462,000 suspected underage Instagram accounts and 294,000 Facebook accounts between the period […]

Oil and Gas

EFCC recovers ₦115bn, $84m unpaid NDDC levies from oil firms

The Economic and Financial Crimes Commission has recovered more than N115bn and $84m in outstanding statutory levies owed the Niger Delta Development Commission by oil companies, the agency told the Senate on Wednesday. The disclosure was made before the Senate Public Accounts Committee, chaired by Senator Ibrahim Dankwambo, during the committee’s ongoing investigation into issues […]

featured Finance

CBN rate stable at ₦1,367/$ amid FX liquidity watch

The naira remained relatively stable against the United States dollar on Thursday, August 13, 2026, in both the official Nigerian Foreign Exchange Market and the parallel market, as traders continued to monitor foreign exchange liquidity and demand pressures. Data from the Central Bank of Nigeria’s NFEM platform showed the official exchange rate hovering around N1,367 […]

featured Opinion

Economists back US report faulting Nigeria’s fiscal transparency

Economists have backed the United States’ assessment that Nigeria failed to meet minimum fiscal transparency requirements, warning that weak budget implementation, poor disclosure of public finances and inadequate audit practices could undermine investor confidence and the country’s economic prospects. The experts’ reaction followed the 2026 Fiscal Transparency Report of the US Department of State, which […]

featured Policy and Regulations

FG, states end compulsory certification for civil servants promotion

Federal Government agencies have been told that professional body membership will no longer be a mandatory precondition for career advancement in the Nigerian public service. This directive was issued by the National Council on Establishments, which comprises Heads of Service from the Federal Government, the 36 states and the Federal Capital Territory. The decision was […]

Business

Nigeria beats OPEC oil quota despite 4% production decline

Nigeria exceeded its Organisation of the Petroleum Exporting Countries quota for the third consecutive month in July, despite a four per cent month-on-month decline in crude oil production, according to the Nigerian Upstream Petroleum Regulatory Commission. The latest production data released by the NUPRC on Wednesday showed that Nigeria produced an average of 1.505 million […]

Business

Creative sector to create two million jobs by 2030 – FG

The Federal Government says Nigeria’s creative sector is projected to contribute about 2.3 per cent to the country’s Gross Domestic Product by 2030 and create an additional two million jobs under the Tinubu administration’s Renewed Hope Agenda. The Minister of Art, Culture, Tourism and Creative Economy, Hannatu Musa Musawa, disclosed this when the Director-General of […]

Business

SEC orders market operators to adopt NigSac alerts system

The Securities and Exchange Commission has directed all capital market-regulated entities to immediately subscribe to Nigeria’s Sanctions Alerts system. The directive follows recent designations by Nigerian and international authorities of individuals and Bureau de Change operators allegedly involved in terrorism financing and providing material support to the Islamic State West Africa Province. According to three […]

Business

UNILAG, Lotus Bank face NDPC probe over students data breach

The Nigeria Data Protection Commission has launched a forensic investigation into the University of Lagos, Lotus Bank and technology firm Hackerbella Ltd over allegations that students’ personal data were used to open bank accounts without their knowledge or a lawful basis. The commission’s Head of Legal, Enforcement and Regulations, Babatunde Bamigboye, disclosed this on Wednesday […]

Tech

Cybercriminals hacking victims’ online accounts to steal intimate photos – FBI

The FBI has warned that cybercriminals are targeting the social media accounts of adults and children to steal intimate images and videos. According to the alert, the perpetrators primarily use social engineering tactics to gain access to victims’ accounts and obtain the content. Victims are then often threatened with the release of the stolen material […]

Aviation

NCAA plans real-time baggage tracking for air passengers

The Nigerian Civil Aviation Authority is set to introduce Radio Frequency Identification baggage tracking across Nigerian airports, enabling passengers to monitor their checked luggage in real time. The NCAA Director of Public Affairs and Consumer Protection, Michael Achimugu, disclosed this in a statement shared on his official X account on Tuesday. The technology is expected […]

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