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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

‘The Social Network’ movie sequel in the works, potential lead actors revealed
News

‘The Social Network’ movie sequel in the works, potential lead actors revealed

More than a decade after ‘The Social Network’ captivated audiences with the origin story of Facebook, director Aaron Sorkin is reportedly developing a sequel and may have already found his lead actors. Sorkin has met with Jeremy Allen White, star of the hit series ‘The Bear,’ and rising actress Mikey Madison, known for her Oscar-winning […]

Apple faces $1.1bn in tariff costs as trade tensions escalates
News

Apple faces $1.1bn in tariff costs as trade tensions escalates

Apple expects to pay $1.1 billion in tariffs for the July–September quarter, a significant increase from the $800 million incurred last quarter, CEO Tim Cook revealed during the company’s Q3 earnings call on Thursday. The projected figure is based on current trade policies and rates, though Cook noted that actual costs could end up lower […]

Amazon eyes advertising in Alexa+, says CEO Andy Jassy
News

Amazon eyes advertising in Alexa+, says CEO Andy Jassy

Amazon may soon start delivering ads to users during conversations with its AI-powered assistant, Alexa+, CEO Andy Jassy revealed during the company’s second-quarter earnings call on Thursday. As Alexa+ rolls out to millions of users, Jassy highlighted the growing potential of advertising within voice-based interactions. “As people engage in more multi-turn conversations, there will be […]

Google rolls out its most advanced reasoning AI yet
News

Google rolls out its most advanced reasoning AI yet

Google DeepMind has announced the release of Gemini 2.5 Deep Think, a cutting-edge AI model that the company claims is its most powerful reasoning system to date. The model, launching Friday, will be available to users subscribed to Google’s $250-per-month Gemini Ultra plan. Unveiled at Google I/O in May, Gemini 2.5 Deep Think is the […]

Reddit to transition from social platform to search engine
News

Reddit to transition from social platform to search engine

Reddit is aiming to evolve beyond a social platform into a full-scale search engine, capitalizing on growing user frustration with traditional web search results. In recent years, internet users have increasingly appended “Reddit” to their Google queries to find authentic, user-generated content amid a flood of low-quality AI content and search-engine-optimized spam. Reddit now hopes […]

Boeing probes cyber attack
Aviation

Flight attendants sue Boeing for physical, emotional harm

Four flight attendants who were aboard the Alaska Airlines 737 MAX 9 that suffered a mid-air cabin panel blowout in January last year are suing Boeing for physical and emotional harm. In separate lawsuits, they are demanding compensation for physical and psychological injuries, emotional distress, and both past and future economic losses. “Each of the […]

MTN Nigeria to build infrastructure for network platform
News

MTN Nigeria to build infrastructure for network platform

MTN Nigeria is doubling down on infrastructure investments as it looks to evolve from a traditional mobile service provider into a wholesale network platform for other operators—a strategic shift aimed at unlocking new revenue streams beyond regular customer subscriptions. The telecom giant, which operates over 24,300 tower sites and an expansive fibre backbone across Nigeria, […]

Tech

SAP deepens HR tech presence with SmartRecruiters acquisition

SAP SE, Europe’s most valuable tech firm, is acquiring United States-based hiring platform SmartRecruiters as it deepens its footprint in the human resources software market. The Germany-based software giant announced the deal on Friday but did not disclose financial terms. The acquisition is expected to close in the fourth quarter of 2025. SmartRecruiters, headquartered in […]

Banking

GTCO delists GDRs from London stock exchange effective July 31

Guaranty Trust Holding Company Plc has formally delisted its Global Depositary Receipts from the London Stock Exchange, effective 8:00 a.m. on July 31, 2025. The company also announced that its LSE ticker symbol will change from “GTHC” to “GTCO” on August 1, 2025, to align its global identity with its Nigerian brand. “Following the cancellation […]

Aviation

FG approves N712bn to rebuild Lagos airport terminal

The Federal Executive Council on Thursday approved N712 billion for the complete rehabilitation, upgrade, and modernisation of International Terminal One at Murtala Muhammed International Airport in Lagos. This forms the largest component of a broader N900 billion aviation infrastructure plan for the country. Minister of Aviation and Aerospace Development, Festus Keyamo, announced the decision while […]

JAPA: Overstay your visa, face permanent ban, US warns Nigerians
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Nigeria Immigration digitises CERPAC applications

The Nigeria Immigration Service has made all applications for the Combined Expatriate Residence Permit and Aliens Card strictly digital, officially phasing out the use of physical forms, starting August 1, 2025. The change was announced on the Service’s official X account on July 31, 2025. From that day, physical CERPAC forms are no longer being […]

Wema bank posts ₦100.5bn pre-tax profit in H1 2025
News

Wema bank posts ₦100.5bn pre-tax profit in H1 2025

A tier-2 Nigerian commercial bank, Wema Bank has reported a pre-tax profit of ₦100.5 billion ($65 million) for the first half of 2025—marking a 229% year-on-year increase and underscoring its strong financial momentum. The bank attributed the impressive growth to a sharp rise in interest income, which climbed 64.76% compared to the same period in […]

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