Business

Lagos insists on valid planning permits for all

  • 16th May 2025
UK economy hits unexpected growth

Reforms position Nigeria as emerging investment hub –

  • 15th May 2025
Ogun cargo airport to employ 25000 youths on completion - Dapo Abiodun

Mamuda Beverages invests $50m in new industrial facility

  • 14th May 2025

Nigeria ships first Obodo crude blend, says NUPRC

  • 14th May 2025

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Singapore’s Changi Airport ranks world’s best for food lovers

Travel

Colombia tops global bird count, breaks tourism records

Business
Trump brushes off Musk’s criticism of $500bn AI project

Trump touts coal as key to powering US AI

Tech
N130bn Sukuk listed on NGX, FMDQ - DMO

DMO raises N4.28bn from FGN savings bonds in May

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IMF lowers 2024 growth projections for Nigeria
News

US tariffs pose threat to global economy – IMF

Managing Director of the International Monetary Fund, Kristalina Georgieva, on Thursday cautioned that the new United States tariffs “clearly represent a significant risk to the global outlook” and called on Washington to cooperate with its trade partners. Georgieva in a statement responded for the first time to President Donald Trump’s latest global tariffs, which have […]

Trump unveils $5m ‘Gold Card’ for US residency
News

Trump unveils $5m ‘Gold Card’ for US residency

United States President Donald Trump on Thursday unveiled a new, high-priced residency visa dubbed the “Trump Card,” which will grant legal U.S. residency to foreign buyers for $5 million each. The announcement was made aboard Air Force One, where Trump proudly displayed a gold prototype featuring his face and the label “The Trump Card.” “I’m […]

Lenovo, Ericsson settle global patent dispute
Tech

Lenovo, Ericsson settle global patent dispute

Lenovo and Ericsson have reached a global patent cross-licensing agreement, bringing an end to a wide-ranging legal battle over wireless technology patents, the companies announced on Thursday. The settlement resolves multiple lawsuits filed in jurisdictions around the world, including the UK, Brazil, Colombia, and the United States. The dispute centred on disagreements over fair, reasonable, […]

Iranian hackers target US elections, Microsoft warns
News

Hackers steal pensioners $500,000 savings in Australian pension funds breach

Australia’s largest pension funds have been hit by a wave of coordinated cyberattacks, compromising more than 20,000 accounts and leading to significant financial losses for some members, including a reported theft of A$500,000 from four individuals. According to a source familiar with the matter, hackers infiltrated multiple funds, including AustralianSuper, Australian Retirement Trust, Rest, Insignia, […]

Meta scraps fact-checking program, introduces X-like community notes feature
Tech

Meta faces lawsuit over Ethiopian ethnic violence

A Kenyan High Court has ruled that Facebook’s parent company, Meta, can be sued in the country over its alleged role in spreading content that fuelled ethnic violence in neighbouring Ethiopia. The decision, described as a landmark by legal experts, opens the door for international tech giants to be held accountable in African jurisdictions. The […]

Oil and Gas

Brent crude drops $10 barrel, worst since August 2022

Brent oil futures have fallen by around $10 per barrel since Thursday, pressured by the introduction of new tariffs and an unexpected increase in supply from OPEC+. The tariffs have raised concerns about weaker global demand, while the surprise output boost has added to fears of oversupply, putting downward pressure on prices. Oil prices plunged […]

Business

China retaliates, hits US with 34% import tariff

China’s Ministry of Finance has announced a 34% tariff on all U.S. imports starting April 10, in response to similar duties implemented by the U.S. under former President Donald Trump’s administration, according to state news outlet Xinhua. “China urges the United States to immediately cancel its unilateral tariff measures and resolve trade differences through consultation […]

News

FG sets April dates for CNG rollout

The Federal Government has announced key dates in April 2025 for the rollout of its Compressed Natural Gas Initiative, signaling major steps in the transition to cleaner energy across the country. According to a statement by Kenechukwu Chukwu, Technical Assistant on Stakeholder Management and Public Engagement for the Presidential CNG Initiative, the commissioning of CNG […]

Economy

FX Inflow surges to $27.81bn in Q4 2024 – CBN 

The Nigerian economy experienced an increase in foreign exchange inflows in the fourth quarter of 2024, as stated in the latest Economic Report by the Central Bank of Nigeria. The report highlighted a 20.62% rise in total foreign exchange inflows, reaching $27.81 billion, compared to $23.06 billion in the previous quarter. A key highlight of […]

featured Tech

AI could impact 40% of jobs, deepen global inequality – UN

The United Nations Trade and Development agency has expressed concerns over automation and job displacement that could arise from Artificial intelligence. The agency projects that AI will reach a market value of $4.8 trillion by 2033, though its benefits are expected to remain concentrated in certain areas. In a report released on Thursday, UNCTAD noted […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
News

FG eyes fresh $10.50m W’Bank loan

Nigeria is seeking a fresh $10.5 million loan from the World Bank to enhance the Central Bank of Nigeria’s technical capacity and modernize the country’s domestic payment infrastructure. The proposed CBN Technical Assistance Facility aims to support the integration of innovative technologies and data science into the CBN’s supervisory processes, helping to strengthen regulatory oversight […]

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