Blog

Trump to spend $1bn on offensive cyber operations
Business

Trump softens stance on Intel CEO after White House meeting

A week after demanding his resignation, United States President, Donald Trump, seems to have eased his stance for now, following an “interesting” White House meeting with Intel CEO Lip-Bu Tan. The much-anticipated meeting between the US administration and Intel Tan appears to have gone as well as he could have hoped, capping a turbulent week […]

News

PenCom directive triggers push for pension clearance compliance nationwide

The National Pension Commission has sparked a surge in corporate compliance after directing companies to obtain Pension Clearance Certificates from all vendors and service providers. The order stems from a six-month deadline given in May 2025 to Licensed Pension Fund Operators, instructing them to enforce PCC compliance across their entire business network — including vendors, […]

NCAA issues warning after unruly Ibom Air passenger 'attacked' crew
Aviation

NCAA seeks witness accounts of Ibom Air incident

The Nigerian Civil Aviation Authority has urged passengers on Ibom Air flight IAN513 from Uyo to Lagos to share their accounts of the incident that sparked a brawl onboard. The appeal follows the circulation of videos on August 10 showing a passenger, identified as Comfort Emmanson, assaulting flight attendants and clashing with airport security personnel. […]

Kenyan fintech HoneyCoin raises $4.9m to expand African stablecoin payments
News

Kenyan fintech HoneyCoin raises $4.9m to expand African stablecoin payments

Kenyan fintech startup HoneyCoin has secured $4.9 million in seed funding to accelerate its expansion into African, Latin American, and Asian markets. The round was led by Flourish Ventures, with participation from TLcom Capital, Stellar Development Foundation, Lava, Musha Ventures, 4DX Ventures, Antler, and Visa Ventures. Founded in 2020, the Nairobi-based company operates stablecoin-powered payment […]

Nigeria to supply South Africa gas from 2024
Oil and Gas

NMDPRA approves interim gas transportation tariff for NNPCL subsidiary

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has granted approval for an interim transportation tariff to the NNPC Gas Infrastructure Company Limited, a subsidiary of the Nigerian National Petroleum Company Limited. In a Monday statement, the authority said the approval was issued in accordance with Sections 122 and 123 of the Petroleum Industry Act […]

Tech

Flutterwave nears $1bn transactions in Africa, Asia

Flutterwave, Africa’s largest payments technology firm, processed nearly $1 billion in transactions between Africa and Asia in the first half of 2025. The Lagos-based fintech revealed the figure in its H1 2025 financial highlights released on Tuesday, attributing the surge to strategic partnerships with leading East Asian payment firms, including Norafirst and Skyee, as part […]

Apple releases sixth iOS 26 beta with ringtones, camera, UI upgrades
News

Apple releases sixth iOS 26 beta with ringtones, camera, UI upgrades

Apple on Tuesday rolled out the sixth developer beta of iOS 26, alongside updates for iPadOS, watchOS, tvOS, macOS, and other platforms, as the software heads toward its expected September public release. While the latest build brings fewer major changes, it still offers notable updates—including new ringtones, a resolution to the Camera app swipe controversy, […]

US seizes servers, $1M in Bitcoin from Russian ransomware gang
News

US seizes servers, $1M in Bitcoin from Russian ransomware gang

The United States Department of Justice said Monday it has dismantled part of a prolific Russian cybercrime operation, seizing four servers, nine domains, and $1 million in bitcoin linked to the ransomware strains BlackSuit and Royal. The takedown, carried out on July 24, was the result of a joint operation involving law enforcement agencies from […]

Agribusiness

NSDC partners four firms to develop high-capacity sugar estates

The National Sugar Development Council has entered agreements with four operators to establish new sugar estates with a combined annual output target of 400,000 metric tonnes. NSDC Executive Secretary, Kamar Bakrin, announced this on Monday in Abuja. Bakrin said the deals are part of the council’s drive to cut Nigeria’s dependence on sugar imports. Under […]

News

Petrol prices hit N900/ litre amid falling crude prices

Filling stations have increased petrol prices to N900 per litre and above, despite a recent drop in crude oil prices since Sunday. Some retail outlets operated by the Nigerian National Petroleum Company Limited raised petrol prices to N900 per litre in Lagos and Ogun states, even as crude oil prices fell from nearly $69 to […]