Business

NITDA urges regulatory collaboration to support emerging technologies

  • 10th August 2026

Reps move to reform aviation laws, propose new

  • 10th August 2026

NCC grants Enugu 15-year lease to operate digital

  • 10th August 2026

Italian divers discover 2,000-year-old Roman shipwreck

  • 9th August 2026

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Egypt’s inflation rises to 14.9%, ends cooling streak

Economy

Customs uncovers 399 firearms, rifle parts at Tin Can

Ports and Airports

FG spent ₦3.14trn servicing domestic debt in Q1 —

featured Finance

Naira trades at ₦1,362/$ on official FX market

featured Finance

Blog

Air Peace denies alleged safety protocol violations in UK
Aviation

Air Peace to begin direct Lagos–São Paulo flights

Air Peace, Nigeria’s national carrier, is set to launch direct flights between Lagos and São Paulo, Brazil. This follows an agreement reached between President Bola Tinubu and Brazilian President Luiz Inácio Lula da Silva during the Nigerian leader’s state visit to Brazil. Lula announced the agreement at a joint news conference with Tinubu, according to […]

Elon Musk’s xAI secures $10bn in funding to expand AI
Tech

xAI sues Apple, OpenAI over AI competition claims

Elon Musk’s artificial intelligence startup, xAI, has sued Apple and OpenAI in a Texas federal court, alleging the companies conspired to stifle competition in the rapidly expanding artificial intelligence sector. The lawsuit, seeking billions in damages, highlights antitrust concerns over Apple’s integration of ChatGPT into its operating systems. xAI claims that Apple and OpenAI have […]

Netflix unveils first use of generative AI in original series
Tech

Netflix under probe in Poland over subscription hike violations

Netflix under probe in Poland over The Polish regulator, the Office for Competition and Consumer Protection, has accused Netflix of raising subscription fees without securing users’ explicit consent. UOKiK said on Monday that in August 2024, Netflix increased certain monthly tariffs by up to PLN 7 without obtaining active approval from subscribers, according to Reuters. […]

Delta trade fair to boost economic growth - DACCIMA
Business

Delta governor urges modernisation of Warri, Koko, Sapele, Burutu ports

Delta State Governor, Sheriff Oborevwori, has urged the federal government to resuscitate and modernise the state’s four ports—Warri, Koko, Sapele, and Burutu, highlighting their potential to drive significant growth for both the local and national economies. Speaking on Monday in Asaba during a courtesy visit from the Nigerian Ports Authority Board of Directors, led by […]

Perplexity makes $34.5bn bid for Google’s Chrome browser
Tech

Japanese media giants sue Perplexity over misinformation, copyright violation

Two of Japan’s leading daily newspapers, Asahi Shimbun Co. and Nikkei Inc., have filed a lawsuit against United States based AI company, Perplexity AI Inc., alleging copyright infringement and misinformation. The case was lodged at Tokyo District Court on August 26. The publishers claim Perplexity’s AI-powered search engine uses their copyrighted articles without permission, and […]

Petrobras returns to Africa, acquires blocks in Sao Tome and Principe
Business

Tinubu urges Petrobras return to drive economic growth

President Bola Tinubu on Monday called on Brazilian oil major Petrobras to resume operations in Nigeria, highlighting the company’s key role in harnessing the nation’s extensive gas reserves and boosting economic growth. Tinubu made the remarks after meeting with Brazilian President Luiz Inácio Lula da Silva at the Planalto Palace in Brasília, describing the Petrobras […]

Crypto Market sheds $130bn amid Trump tariff
Crypto

Crypto markets struggle as bitcoin falls below $110,000

Hopes for a rapid recovery from the weekend’s cryptocurrency slump faded on Monday, as Bitcoin dipped below $110,000, hovering just above its pre-inauguration high of $109,400 reached before United States President Trump’s January 20 swearing-in. The largest cryptocurrency’s rebound attempt was quickly capped at $113,000 during the U.S. session, pushing it down to a seven-week […]

Business

DigiTax names Olumide Akinsola as country director for Nigeria market

DigiTax, a leading pan-African e-invoicing and tax compliance service, has appointed Olumide Akinsola as its country director to spearhead its entry into the Nigerian market. The leadership move comes shortly after the Namiri Technology Limited-powered platform secured official accreditation from the Federal Inland Revenue Service. The Federal Inland Revenue Service had accredited the platform as […]

Business

FG moves to grow manpower for made-in-Nigeria vehicles

The Federal Government has announced renewed efforts to boost the pool of skilled automotive workers as part of its drive to promote the adoption of made-in-Nigeria vehicles. Speaking on Monday at the commissioning of the National Automotive Design and Development Council Training Centre at Lagos State University of Science and Technology, Ikorodu, the Minister of […]

featured

International syndicates behind crude oil theft in Africa – Ojulari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bashir Ojulari, has disclosed that crude oil theft in Africa is largely orchestrated by specialised international and continental syndicates taking advantage of security gaps. Speaking on Monday at the opening of the Africa Chiefs of Defence Staff Conference in Abuja, Ojulari stressed that […]

News

External reserves projected to hit $45bn by December

Analysts have forecasted that Nigeria’s external reserves could reach about $45bn by year-end, bolstering the Central Bank of Nigeria’s capacity to stabilise the foreign exchange market and the wider economy. The projection comes on the back of reserves rising to $41bn last Tuesday, the highest level in 44 months, according to CBN data. The recovery […]

Manufacturers, importers to stop supplying drugs to Kano market
News

NAFDAC issues public alert on fake Postinor-2 pills

The National Agency for Food and Drug Administration and Control has issued a public alert on the circulation of falsified batches of Postinor-2 (Levonorgestrel 0.75mg) emergency contraceptive pills in Nigeria. According to NAFDAC, the Society for Family Health (SFH), the authorized distributor, confirmed that the affected batches were not imported by the company. In a […]

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