Business

Finance ministry demands legal basis for N680m NAICOM

  • 10th August 2026

NGX listed firms earned ₦179.5bn finance income in

  • 10th August 2026

Nigeria’s monthly data consumption hits record 1.5mTB in

  • 10th August 2026

NITDA urges regulatory collaboration to support emerging technologies

  • 10th August 2026

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Finance ministry demands legal basis for N680m NAICOM charges

Business

Twin brothers join NNPC, defy myth of one hire

News

NERC dissolves Kaduna DisCo board over ₦456.5bn debt

Electricity

Lagos, FCT, Rivers owe 43% of states’ debt —

Finance

Blog

Senate approves Yuguda, Cardoso, others as MPC members
News

Senate warns against rising airline-passenger clashes

The Chairman of the Senate Committee on Aviation, Buhari Abdulfatai, has raised concern over recent altercations between airlines and passengers in Nigeria, warning that the incidents call into question operational standards, passenger rights, and discipline in the sector. In a statement on Wednesday, Abdulfatai said the situation demands “immediate and coordinated action to safeguard the […]

Sam Altman to launch brain-chip startup, rival Musk's Neuralink
News

Sam Altman to launch brain-chip startup, rival Musk’s Neuralink

OpenAI chief executive Sam Altman is reportedly in the early stages of launching a new brain–computer interface startup, Merge Labs, according to the Financial Times. The company, which could be valued at about $850 million, is said to be in talks to raise funds, potentially from OpenAI’s ventures arm. Discussions are still preliminary, and OpenAI […]

Hackers breach North Korean spy group’s computer
News

Hackers breach North Korean spy group’s computer

Two hackers say they have infiltrated the computer of a North Korean government-linked cyber operative, publishing stolen data that offers a rare glimpse into the workings of one of the country’s most secretive espionage units. Writing under the pseudonyms “Saber” and “cyb0rg,” the pair detailed the breach in the latest edition of Phrack, a long-running […]

Aviation

FG names KWAM1 airport security ambassador after unruly behavior

The minister of aviation Festus Keyamo, says the Federal Airports Authority of Nigeria will appoint Fuji music star Wasiu Ayinde, popularly known as KWAM 1, as an ambassador for airport security protocols. In a statement on Wednesday, Keyamo said the initiative aims to enlist celebrities in promoting proper conduct at airports nationwide. “In the case […]

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

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

AI search engine Perplexity has made an unsolicited $34.5 billion cash offer to acquire Google’s Chrome browser. Perplexity said its proposal includes keeping Chrome’s underlying Chromium engine open-source and investing $3 billion in the project. The company also pledged not to change user defaults, including leaving Google as the browser’s default search engine rather than replacing […]

NLC threatens strike over pension fund, issues seven-day ultimatum
News

Sell crude to Dangote in naira, NLC tells FG

The Nigeria Labour Congress has called on the Federal Government to prioritise selling crude oil to the Dangote Refinery in Naira, arguing that the measure would help lower fuel prices and boost domestic refining capacity. Speaking on Tuesday during a tour of the Dangote Petroleum Refinery and Fertilizer Ltd. by members of the Labour Writers […]

featured

FG, airlines drop charges, lift Ibom Air passenger, Kwam 1 ban

The Federal Government and airline operators have agreed to lift the lifetime flight ban on Ibom Air passenger Comfort Emmanson and reduce the suspension of Fuji star Wasiu Ayinde (KWAM 1) to one month. Aviation Minister Festus Keyamo announced the decision on Wednesday via X, saying it followed stakeholder consultations, public appeals, and expressions of […]

Aviation

ValueJet signs sub-lease, operational deal with Cross River’s Cally Air

The airline has signed a sub-lease and operational services agreement with Cally Air, the Cross River State–owned carrier. A statement released on Tuesday in Lagos explained that under the agreement, ValueJet will manage and operate two newly acquired Bombardier CRJ1000 regional jets on behalf of Cally Air. The Cross River State government recently took delivery […]

European retailers urge EU to tackle high Visa, Mastercard fees
Business

AI to generate 230m digital jobs across Africa by 2030 – Mastercard

Mastercard has published a new whitepaper, Harnessing the Transformative Power of AI in Africa, projecting that digital jobs across the continent could reach 230 million by 2030 through responsible, inclusive adoption of artificial intelligence. The pan-African report explores Africa’s readiness and roadmap for AI deployment in sectors such as agriculture, healthcare, education, energy, and finance. […]

Dangote Refinery loses N32.5bn after petrol price cut
Business

Dangote refinery slashes petrol ex-depot price to N820/litre

Dangote Refinery has cut the ex-depot price of petrol from N850 to N820 per litre, effective 12 August 2025. The company’s Group Chief Branding and Communications Officer, Anthony Chiejina, announced the N30 reduction in a statement on Tuesday night. “Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit […]

Australian court rules Apple, Google abused market power
News

Australian court rules Apple, Google abused market power

The Federal Court of Australia has ruled that Apple and Google engaged in anti-competitive conduct through their control of their respective app stores, delivering a legal win for Fortnite maker Epic Games. Justice Jonathan Beach found the tech giants abused their dominant positions in app distribution to restrict competition. However, he dismissed Epic’s claims that […]

Anthropic counters OpenAI with $1 AI offer to government branches
News

Anthropic counters OpenAI With $1 AI offer to government branches

AI company Anthropic is matching OpenAI’s aggressive push into the United States public sector, announcing on Tuesday that it will make its Claude models available to all three branches of the federal government for $1 per agency for one year. The offer goes beyond OpenAI’s recent deal, which applies only to the federal executive branch. […]

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