Business

UNILAG, Lotus Bank face NDPC probe over students

  • 12th August 2026

NITDA partners Canadian tech firms on AI, digital

  • 12th August 2026

Tinubu unveils reform to unlock $50bn deep offshore

  • 12th August 2026

Finance ministry demands legal basis for N680m NAICOM

  • 10th August 2026

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UNILAG, Lotus Bank face NDPC probe over students data

Business

Cybercriminals hacking victims’ online accounts to steal intimate photos

Tech

NCAA plans real-time baggage tracking for air passengers

Aviation

NITDA partners Canadian tech firms on AI, digital innovation

Business

Blog

Reps adopt tax reforms, retains VAT at 7.5%
Business

Reps approve $47m loan hike for coastal highway project

The Federal Government will now spend $747 million on the Lagos-Calabar Coastal Highway following the House of Representatives’ approval of an additional $47 million external loan for the project. The 700-kilometre Lagos-Calabar Coastal Highway, being constructed by Hitech Construction Company Ltd, is expected to be completed within eight years. In addition to the $47 million […]

The Federal Government, through the Debt Management Office, has announced plans to reopen two tranches of its savings bonds worth a combined N350 billion for public subscription.
Business

FG to offer N80bn bonds in July 2025 auction

The Debt Management Office has announced that the Federal Government of Nigeria will offer N80 billion in bonds for subscription via auction on July 28, 2025, with settlement scheduled for July 30, 2025. According to a circular posted on the DMO’s website, the offer includes two re-openings of existing FGN bonds: N20 billion of the […]

Reps proposes bill to ensure timely salary payments
News

Reps launch probe into turnaround maintenance of four refineries

The House of Representatives Committee on Petroleum Resources (Downstream) has launched an investigation into the turnaround maintenance of Nigeria’s four state-owned refineries. This move follows a similar pledge by the Committee on Petroleum Resources (Midstream) to probe why the refineries remain largely non-functional despite $18 billion reportedly spent on maintenance. The Committee also plans to […]

Business

Suppliers reject Dangote’s planned direct fuel distribution model

Less than a month before Dangote Refinery begins its direct fuel distribution initiative, oil suppliers in Nigeria are urging the company to reconsider the move. Starting August 15, Dangote plans to supply fuel directly to filling stations, telecom companies, aviation operators, and other bulk consumers—bypassing traditional depots and middlemen. But the Natural Oil and Gas […]

Microsoft sharepoint cyberattack hits 400 victims - Researchers
News

Microsoft sharepoint cyberattack hits 400 victims – Researchers

A rapidly expanding cyber-espionage campaign targeting outdated versions of Microsoft SharePoint has compromised approximately 400 organizations, according to Dutch cybersecurity firm Eye Security. The updated figure marks a fourfold increase from the 100 victims initially reported over the weekend and underscores the scale of the ongoing breach, which experts believe is being exploited by state-backed […]

Visa opens first African data centre in South Africa
News

Visa opens first African data centre in South Africa

Visa Inc. has launched its first-ever data centre in Africa, marking a major investment in the continent’s rapidly growing digital payments sector. Located in Johannesburg, the new facility forms part of a 1 billion rand ($57 million) investment in South Africa over the next three years, company executives announced at the official opening on Wednesday. […]

White House unveils AI policy for US global dominance
News

White House unveils AI policy for US global dominance

The White House on Wednesday released a sweeping new artificial intelligence policy plan outlining strategic priorities for the United States to secure “global dominance” in the fast-evolving technology sector. President Donald Trump’s administration is calling for a bold expansion of open-access AI tools, proposing that open-source and open-weight AI models be made freely available for […]

UK to designate Apple, Google as strategic market gatekeepers
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UK to designate Apple, Google as strategic market gatekeepers

Britain’s Competition and Markets Authority has announced plans to designate tech giants Apple and Google with Strategic Market Status for their dominant roles in mobile ecosystems, escalating regulatory scrutiny of what it describes as a “duopoly” in the mobile browser market. The move follows the findings of a CMA inquiry group which concluded that several […]

Germany dives into tech warefare with spy cockroaches, AI robots
News

Germany dives into tech warefare with spy cockroaches, AI robots

Berlin is spearheading a new era of military innovation in Europe, with defence startups like Helsing leading the charge as the continent races to modernize its security infrastructure in response to the war in Ukraine. Founded just four years ago, Munich-based Helsing has become Europe’s most valuable defence startup, recently doubling its valuation to $12 […]

Travel

Singapore tops world’s most powerful passport in 2025 ranking

Singapore has once again claimed the top spot in the Henley Passport Index, offering visa-free access to 193 out of 227 global destinations, according to the latest rankings released in July 2025. The Index, compiled using exclusive data from the International Air Transport Association, measures the strength of passports based on how many countries holders […]

Tony Elumelu
News

Tony Elumelu pledges N25b to ‘Produce for Lagos’ initiative

The Chairman of Heirs Holdings, Tony Elumelu, has pledged N25 billion to the Produce for Lagos Programme—the largest private sector contribution to the initiative. He made the disclosure on Wednesday at Lagos House, Ikeja, during the launch of the Produce for Lagos Programme and the N500 billion Offtake Guarantee Fund. The programme aims to boost […]

Tech

Uber unveils women-only ride matching feature to boost safety

Uber on Wednesday announced a new feature aimed at enhancing safety on its platform by pairing women drivers with women riders. The feature, set to roll out as a pilot program in the United States next month, will allow women riders to select a preference for female drivers when booking or pre-booking rides. Women drivers […]

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