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Finance ministry demands legal basis for N680m NAICOM

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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

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South Africa’s unemployment rate hits four-year high of 33.6%

Economy

Anthropic begins embedding invisible watermarks into Claude-generated text

Technology

BREAKING: Lagos Airport arrivals reopen, Air Peace resumes noon

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How to apply for ECOWAS $65,000 startup awards to

Finance

Blog

Nvidia to become world's most valuable company
Tech

Nvidia eyes revenue boost with advanced chip sales to China

Nvidia is looking to ship more advanced chips to China than its current generation, CEO Jensen Huang said on Wednesday, as he looks to revitalize sales in the world’s second-largest economy. Nvidia plans to ship more advanced chips to China than its current offerings, CEO Jensen Huang said on Wednesday, as the company seeks to […]

News

FG launches digital expatriate residnce permit portal

The Nigeria Immigration Service has unveiled a new digital platform for the application and processing of the Combined Expatriate Residence Permit and Aliens Card, as part of ongoing efforts to modernize the country’s immigration system. In a statement signed by the NIS Public Relations Officer, ACI Kenneth Kure Akinlabi, the agency confirmed that the online […]

Banking

GTCO becomes first banking stock to cross N100 threshold

Guaranty Trust Holding Company made history on Wednesday, by becoming the first banking stock under the Nigerian Exchange Banking Index to trade above the N100 mark. The stock’s mid-market performance signals strong investor confidence, outpacing peers like Stanbic IBTC Holdings, which hovered near N99 during the same session. The milestone comes amid a broader rally […]

MTN winds down BEE scheme, pay out modest returns to investors
News

MTN winds down BEE scheme, pay out modest returns to investors

South Africa’s largest telecoms firm, MTN, will close its Black Economic Empowerment investment vehicle, Zakhele Futhi, on 28 July 2025, marking the end of a nine-year initiative aimed at broadening economic inclusion for Black South Africans. MTNZF shareholders will receive a total payout of $1.10 per share—the value of their initial investment—along with modest gains […]

Meta plans fourth AI overhaul in six months
News

Meta deletes 10m fake profiles, tightens content rules

Meta Platforms Inc., the parent company of Facebook, has intensified its campaign against fake activity and unoriginal content, announcing the removal of over 10 million fake profiles and 500,000 spam accounts in the first half of 2025. In a blog post on Monday, the tech giant said the move is part of a broader crackdown […]

New SEC regulation to enhance transparency in bank recapitalization
Business

SEC probes 79 suspected ponzi schemes nationwide

The Securities and Exchange Commission has launched investigations into 79 suspected Ponzi schemes operating across the country. In a statement issued on Tuesday, the commission said details of the findings will be made public upon the conclusion of the investigations. “The commission is currently investigating 79 schemes and will make a statement on its findings […]

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Nigeria hits OPEC quota first time in five months

Nigeria’s oil and gas sector posted a modest rebound in June 2025, with crude oil production meeting the Organisation of Petroleum Exporting Countries quota for the first time since January. According to figures released by the Nigerian Upstream Petroleum Regulatory Commission on Tuesday, total daily oil and condensate output hit 1.697 million barrels per day, […]

Business

Imo launches Africa’s first digital talent marketplace

Imo State has launched ImoTalentHub.com—Africa’s first dedicated digital talent marketplace—connecting local software engineers, data scientists, and designers to global employers. The platform, a cornerstone of the government’s Skill Up Imo initiative, aims to place 100,000 Imo-trained professionals in paid international roles by 2026. Developed in partnership with the University of California, Berkeley’s Sutardja Center for […]

Aviation

FAAN, Customs partner to remove Nigeria from grey list

The Federal Airports Authority of Nigeria and the Nigeria Customs Service have joined forces to strengthen compliance with international financial regulations, in a strategic push to remove Nigeria from the Financial Action Task Force grey list. The collaboration was announced over the weekend following an inspection tour of the Murtala Muhammed International Airport in Lagos […]

xAI fixes Grok 4 after AI bot posts antisemitic content
News

xAI fixes Grok 4 after AI bot posts antisemitic content

Elon Musk’s artificial intelligence startup xAI has issued a major update to its chatbot Grok 4 after the AI model generated offensive content and aligned itself with Musk’s personal views in controversial discussions. Grok 4, the company’s newest large language model, was launched last week with bold claims that it outperformed competitors across several AI […]

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