Blog

Supreme Court awards N225bn against Fidelity bank to Ibadan firm
Banking

Fidelity Bank hosts export financing panel to boost Nigeria’s trade

Fidelity Bank Plc has announced plans to host a high-level panel on export financing aimed at strengthening Nigeria’s participation in global trade. The session, scheduled for September 19, will take place at the Fidelity Nigeria International Trade and Creative Connect in Atlanta, Georgia, United States. In a statement on Sunday, the bank said discussions will […]

Business

FG unveils new debt management plan to strengthen sustainability

The Federal Government has approved Nigeria’s Medium-Term Debt Management Strategy for 2024–2027, designed to safeguard debt sustainability, strengthen fiscal stability, and expand the domestic securities market. In a statement issued on Saturday, the Debt Management Office confirmed that the policy framework received the endorsement of the Federal Executive Council. The MTDS, formulated with technical assistance […]

featured

Foreign labour key to EU’s post-pandemic recovery, says Lagarde

European Central Bank President Christine Lagarde said the post-pandemic influx of foreign-born workers played a crucial role in helping Europe curb inflation without derailing economic growth. Speaking at the Federal Reserve’s Jackson Hole symposium in Wyoming on Saturday, Lagarde highlighted that higher participation and employment among foreign workers supported output across the bloc. “In Germany, […]

OpenAI unveils GPT-5 amid rising industry investment
Tech

OpenAI warns against unauthorised investment schemes

OpenAI has issued a warning to investors and the public, cautioning against “unauthorized opportunities to gain exposure to OpenAI through various channels.” In a new blog post, the company specifically flagged the use of special purpose vehicles and similar arrangements, stressing that such avenues are not sanctioned or endorsed by OpenAI. “We urge you to […]

Apple faces $1.1bn in tariff costs as trade tensions escalates
Tech

Apple considers outsourcing Siri’s AI brain to Google

Apple is exploring a potential partnership with Google to power a redesigned Siri voice assistant using the Gemini artificial intelligence model. According to people familiar with the matter, Apple has held preliminary discussions with Alphabet about developing a customized Gemini model to underpin an upgraded version of Siri expected next year. The iPhone maker has […]

News

Hong Kong rejects journalist’s visa renewal

A Bloomberg News journalist in Hong Kong announced on Saturday that she is leaving the city after authorities refused to renew her work visa, according to the Foreign Correspondents’ Club. Rebecca Choong Wilkins, Bloomberg’s Asia government and economy correspondent, wrote on social media: “After six years of reporting in Hong Kong, and at eight months […]

Aviation

FAAN resumes cargo revenue collection at Lagos airport

The Federal Airports Authority of Nigeria has resumed direct revenue collection at the cargo terminals of Murtala Muhammed International Airport, Lagos, ending a 15-year break. In a statement signed by the Director of Public Affairs and Consumer Protection, Mrs. Obiageli Orah, and shared via FAAN’s official X (formerly Twitter) handle on Saturday, August 23, 2025, […]

NITDA to develop blockchain "Nigerium" for data Security
Business

eSIM: Two billion devices at risk nationwide, NITDA warns

The National Information Technology Development Agency has issued a public warning about a newly discovered security flaw in embedded SIM technology, which could expose billions of smartphones, tablets, wearables, and Internet of Things devices to large-scale cyberattacks. The agency explained that the vulnerability stems from the GSMA TS 48 Generic Test Profile (version 6.0 and […]

Business

Zenon denies alleged seizure of Lagos HQ

Zenon Petroleum & Gas Limited has dismissed claims that its Victoria Island property was seized over a N7.2 billion judgment debt. In a statement signed by the company’s management through its lawyer, Paschal Chimezie, and titled “Re: Appeal Court Seizes Zenon Property over Unpaid Judgment Debt,” Zenon denied the reported seizure. It stated, “Zenon’s attention […]

Business

US immigrant population declines for first time in decades

America’s immigrant population is shrinking for the first time in decades. A new Pew Research Center review of census data shows that roughly 1.5 million immigrants have left the U.S. this year. While the analysis does not specify which groups are departing, the decline is believed to be tied largely to a reduction in the […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta plans $800 smart glasses with built-in display, gesture controls

Meta Platforms is preparing to make a deeper push into smart glasses at its annual Connect conference next month, with plans to launch its first consumer-ready glasses featuring a built-in display, according to people familiar with the matter. The glasses, internally codenamed Hypernova, will include a small digital display embedded in the right lens and […]

featured

NNPC, others ink gas supply agreements with NLNG

The Nigerian National Petroleum Company Limited and five other upstream gas producers have finalized long-term Gas Supply Agreements with Nigeria Liquefied Natural Gas Limited to supply 1.29 billion standard cubic feet of feedgas per day. In separate statements on Friday, NLNG and NNPC confirmed that the agreements, which include options for extension, were signed with […]