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Finance ministry demands legal basis for N680m NAICOM

  • 10th August 2026

NGX listed firms earned ₦179.5bn finance income in

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Nigeria’s monthly data consumption hits record 1.5mTB in

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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

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US tariff could last beyond Trump era - JPMorgan report
News

US tariff could last beyond Trump era – JPMorgan report

The effective tariff rate on United States imports is expected to remain close to 22%, with little likelihood of easing on duties tied to national security, according to a new report released Wednesday by JPMorgan Chase’s Center for Geopolitics. The report indicates that tariffs are now viewed across the U.S. political spectrum as essential to […]

Uber launches $20bn buyback as loyalty program gains traction
News

Uber launches $20bn buyback as loyalty program gains traction

Uber Technologies Inc. on Wednesday announced a massive $20 billion stock buyback program and issued a bullish forecast for third-quarter gross bookings, buoyed by the growing popularity of its paid loyalty program, Uber One. The ride-hailing and delivery giant said membership in its $9.99-per-month Uber One program surged 60% year-over-year in June to over 36 […]

Apple to pledge $100bn to US manufacturing
News

Apple to pledge $100bn to US manufacturing

Apple Inc. is set to unveil a new $100 billion commitment to expand domestic manufacturing in the United States, a White House official said on Wednesday. The move marks a fresh investment aimed at bolstering the country’s industrial capacity, as the Trump administration intensifies its push to bring manufacturing jobs back to American soil. According […]

Microsoft brings OpenAI's free GPT-oss-20b model to Windows
News

Microsoft brings OpenAI’s free GPT-oss-20b model to Windows

Microsoft has announced the integration of OpenAI’s latest open-source language model, gpt-oss-20b, into Windows 11 through its Windows AI Foundry platform, enabling users to access powerful AI capabilities locally on their PCs. Described by Microsoft as “tool-savvy and lightweight,” the gpt-oss-20b model is designed for tasks such as code execution and tool use, making it […]

Instagram launches location-sharing map to rival Snapchat
News

Instagram launches location-sharing map to rival Snapchat

Instagram is launching a suite of new features designed to enhance social sharing and content discovery, including Instagram Map, a location-based tool that allows users to share their latest in-app location and explore content tied to specific places. The feature is rolling out in the U.S. starting Wednesday, with global availability to follow. Instagram Map […]

Tinder explores redesign, features to boost engagement
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Tinder explores redesign, features to boost engagement

Dating platform Tinder is exploring a redesign to convert users into paying customers, with parent company Match Group reporting a 7% decline in Tinder’s paying user base in Q2 2025. Across its broader portfolio, which includes Hinge, Match.com, and other platforms, Match saw a 5% dip in paying users overall. The dating giant posted flat […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
Telecommunications

NCC tightens corporate rules in telecoms with new framework

The Nigerian Communications Commission has introduced its 2025 Guidelines on Corporate Governance, ushering in a stricter regulatory era aimed at boosting audit integrity, risk management, and transparency across Nigeria’s telecommunications sector. Valued at $9.52 billion in 2025 and projected to reach $11.97 billion by 2030, the telecom industry remains a cornerstone of Nigeria’s digital economy. […]

Two Chinese charged for shipping US AI chips to China
News

Two Chinese charged for shipping US AI chips to China

Two Chinese nationals residing in California have been arrested and charged with illegally exporting advanced United States semiconductor technology, including Nvidia’s high-end H100 AI chips, to China in violation of federal export controls, the United States Department of Justice announced on Tuesday. Chuan Geng, 28, of Pasadena, and Shiwei Yang, 28, of El Monte, allegedly […]

ChatGPT mobile app hits $2bn in global consumer spending
Tech

US unveils ChatGPT to all federal agencies for $1

The United States government on Wednesday announced that all federal agencies can now integrate OpenAI’s ChatGPT Enterprise into their operations for just $1 per agency. The United States is embracing artificial intelligence across its federal agencies with the rollout of ChatGPT, a move advocates say will enhance productivity and fulfill President Donald Trump’s promise to […]

Trump to spend $1bn on offensive cyber operations
Business

US doubles tariffs on India amid Russia oil tensions

The White House announced on Wednesday that it is raising tariffs on India by an additional 25 per cent, doubling the total duties on the key U.S. trading partner to 50 per cent. “I find that the Government of India is currently directly or indirectly importing Russian Federation oil,” President Donald Trump said in an […]

Business

RMRDC urges 60% reduction in imported raw materials

Nigeria must cut its reliance on foreign raw materials by at least 60 per cent within the next five years to reclaim its place as an industrial leader, says Professor Nnanyelugo Ike-Muonso, Director General of the Raw Materials Research and Development Council. Speaking at the 2025 Nigerian Manufacturing & Equipment/Nigerian Raw Materials Expo in Lagos, […]

Australia slams tech giants over child safety
News

Australia slams tech giants over child safety

Australia’s eSafety Commissioner has criticised major global tech companies, accusing them of failing to combat child sexual abuse material on their platforms adequately. In a report released Wednesday, the watchdog singled out YouTube and Apple for poor transparency and inaction, stating the companies were “turning a blind eye” to serious online crimes. The report found […]

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