Blog

OpenAI unveils GPT-5 amid rising industry investment
Tech

Dictionaries sue OpenAI over alleged copyright infringement

Encyclopedia Britannica and Merriam-Webster have sued OpenAI, claiming the AI company engaged in “massive copyright infringement.” According to the lawsuit, Britannica, which owns Merriam-Webster—holds copyrights on nearly 100,000 online articles that, it alleges, were scraped and used to train OpenAI’s language models without authorization. Britannica further claims that OpenAI infringes copyright by producing outputs that […]

Aviation

FG launches ‘Fly Now Pay Later’ scheme for domestic flights

The Federal Government has launched a new consumer credit product called “Fly Now, Pay Later” to make domestic air travel more affordable and accessible for Nigerians. The initiative allows eligible passengers to book flights immediately and pay the cost in manageable installments over time. The Nigerian Consumer Credit Corporation, known as CREDICORP, announced the scheme […]

Mastercard beats profit forecast as travel, leisure spending rises
Business

Mastercard to acquire BVNK in $1.8bn stablecoin push

Mastercard has agreed to acquire stablecoin infrastructure firm BVNK in a deal worth up to $1.8bn, underscoring its push into blockchain-based payments. The agreement includes as much as $300m in contingent payments and is slated to close before the end of 2026, pending regulatory approvals and other customary conditions. The move highlights Mastercard’s effort to […]

featured

IATA projects Africa as fastest-growing air travel market

Intra-African air travel is projected to be the fastest-growing globally, expanding at a compound annual growth rate of 4.9 per cent through 2050, according to the International Air Transport Association. The forecast is contained in IATA’s Long-Term Demand Projections report released on Tuesday. It highlights that routes within Africa are expected to outpace every other […]

featured Oil and Gas

Oil prices surge past $100pb as Iran targets crude-producing neighbours

Oil prices surged again on Tuesday following fresh Iranian attacks on crude-producing neighbours, targeting vital energy infrastructure and raising serious fears of widespread global supply disruptions. International benchmark Brent North Sea crude rose 2.0 per cent to $102.16 per barrel. The main US oil contract, West Texas Intermediate, gained 1.7 per cent to $95.08 per […]

featured News

Tinubu arrives UK for historic state visit

President Bola Tinubu and First Lady, Senator Oluremi Tinubu, have arrived in the United Kingdom to begin a historic state visit. Their aircraft landed at Stansted Airport on Tuesday afternoon at about 3:23 p.m. local time, marking the official start of the trip. The development was disclosed by the Special Adviser to the President on […]

World

Iran war: Europe rejects Trump’s call for Hormuz naval help

European leaders have rejected demands by the United States President, Donald Trump, for help to clear the Strait of Hormuz. This came as foreign ministers from the European Union gathered in Brussels yesterday to discuss skyrocketing oil prices from the US-Israeli war on Iran. The pushback followed Trump’s call on the UK, China, France, Japan, […]

Lekki Deep Seaport berths largest container ship on Nigerian waters
Oil and Gas

129,000MT petrol vessels arrive Lagos amid surging fuel prices

As Nigerians contend with rising petrol prices, vessels carrying 129,000 metric tonnes of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) are expected to dock at Lagos Ports between March 14 and 17, 2026. This came as officials of the Nigerian Midstream and Downstream Petroleum Regulatory Authority explained why some importers were still importing […]

Tech

Amazon rolls out ultrafast delivery to meet rising demand

Amazon said Tuesday it has launched one-hour and three-hour delivery services in parts of the United States, as it seeks to meet growing demand for faster shipping. The company added that three-hour delivery is now available in about 2,000 U.S. cities and towns, while one-hour delivery is offered in hundreds of those locations. “Our customers […]

Policy and Regulations

Tinubu pledges tariff review for media organisations

President Bola Tinubu has promised to review tariffs imposed on newsprint, broadcast equipment, and other materials used by media organisations. This forms part of efforts to ease the financial burden on the Nigerian media industry. The President also pledged support for the Nigerian media to challenge big tech dominance and anti-competitive activities in the media […]