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Twin brothers join NNPC, defy myth of one hire

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Crypto exchange Gemini files for IPO despite rising losses
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Crypto exchange Gemini files for IPO despite rising losses

Gemini Space Station Inc., the cryptocurrency exchange and custodian bank founded by billionaire twins Cameron and Tyler Winklevoss, has filed to go public. The New York-based company plans to list on the Nasdaq Global Select Market under the ticker symbol GEMI, according to its S-1 filing submitted Friday after markets closed. Founded in 2014, Gemini […]

TikTok launches campus verification to help students connect
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TikTok to update community guidelines with new rules

TikTok will roll out an update to its Community Guidelines on September 13, 2025, introducing new policies for creators and refining the platform’s approach to personalization, commercial content, and AI-generated media. While much of the revision simplifies existing language, several changes stand out. Notably, TikTok has tightened its rules for TikTok LIVE creators. Hosts are […]

Tech

Apple faces new test as Samsung’s foldables gain ground

The rivalry between Apple and Samsung has reignited, with the contest now shifting from apps and camera specs to the screen itself. While the classic flat smartphone once dominated, Samsung’s foldable Galaxy devices are reshaping the market, boosting the company’s share of the U.S. smartphone industry. Fresh data shows a significant shift in the U.S. […]

Meta plans fourth AI overhaul in six months
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Meta plans fourth AI overhaul in six months

Meta Platforms is preparing yet another shake-up of its artificial intelligence operations, marking the fourth such reorganization in six months, according to The Information. The company’s AI division, known as Superintelligence Labs, is expected to be split into four groups: a new “TBD Lab” (short for “to be determined”), a products team that includes the […]

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Tinubu appoints Opeyemi Agbaje as PENCOM chairman

President Bola Tinubu has named strategic policy analyst Opeyemi Agbaje as Chairman of the National Pension Commission. Mr. Agbaje disclosed his appointment in a statement to Peoples Gazette on Saturday. He said, “On Monday, August 11th, I received a call from the HMF/CME informing me of my appointment as Chairman of the National Pension Commission.’’ […]

FAAN diverts two Kano-bound aircraft to Lagos over runway light outage
Business

FAAN denies early involvement in Ibom Air passenger incident

The Federal Airports Authority of Nigeria has distanced itself from the initial handling of the incident involving a female passenger, Comfort Emmanson, at Lagos’ Murtala Muhammed Airport Terminal 2 last Sunday. In a statement issued on Friday, FAAN clarified that its personnel were not involved in the early stages of the episode, which took place […]

Airbnb unveils ‘Reserve Now, Pay Later’ option for US guests
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Airbnb unveils ‘Reserve Now, Pay Later’ option for US guests

Airbnb has introduced a new “Reserve Now, Pay Later” feature in the United States, enabling users to secure accommodation without an immediate payment. The option applies to listings with “flexible” or “moderate” cancellation policies, potentially making last-minute plan changes less burdensome for travelers. Under the flexible policy, guests can cancel up to 24 hours before […]

Transcorp top gainers chart as NGX closes at 78,020.54 points
Business

Stock market declines as ASI falls below 145,000 mark

The Nigerian All-Share Index fell by 671.81 points on Friday, August 15, 2025, closing at 144,628.20. This marks a 0.46 per cent decline from Thursday’s 145,367.03 points and extends the market’s losing streak to a third straight session. Trading volume also dropped significantly, with 1.37 billion shares exchanged, compared to 2.4 billion shares the previous […]

Business

Telecom sector draws $1bn as NCC reverts to market-based tariffs

The Nigerian Communications Commission says its shift back to market-driven pricing has attracted over $1 billion in telecoms infrastructure investments in 2025. Executive Vice-Chairman Aminu Maida disclosed this during an interactive session with journalists in Lagos on Friday, noting that the policy change introduced in January and February enabled mobile network operators to increase tariffs […]

X rival Bluesky updates community guidelines, seeks user feedback
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X rival Bluesky updates community guidelines, seeks user feedback

Two years after its launch, social network Bluesky is overhauling its Community Guidelines, Terms of Service, and other policies, inviting users to weigh in on some changes before they take effect on October 15, 2025. The company, which competes with X, Threads, and open platforms like Mastodon, says the updates aim to clarify user safety […]

Instagram developing ‘Picks’ feature to connect users over shared interests
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Instagram developing ‘Picks’ feature to connect users over shared interests

Instagram is working on a new feature called “Picks” designed to help users bond over common interests. The Meta-owned social network confirmed that Picks is currently an internal prototype and is not being tested publicly. The upcoming feature was first spotted by reverse engineer Alessandro Paluzzi, known for uncovering unreleased tools in popular apps. According […]

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