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

OpenAI makes ChatGPT free, expands access without sign-ups
News

OpenAI partners Shopify, to launch ChatGPT shopping feature

OpenAI is developing a checkout system for ChatGPT that will allow users to complete purchases directly within the chatbot, the Financial Times reported on Wednesday. The move marks a significant step toward monetizing the platform’s massive user base beyond subscriptions. Under the proposed system, merchants fulfilling orders through the integrated payment tool would pay a […]

Inflation in Nigeria continues to rise, reaching an all time high almost 30% in annual terms, attributed to rising food cost and the foreign exchange crises.
featured News

Nigeria’s inflation falls third consecutive month in June

Nigeria’s headline inflation rate eased for the third straight month in June, falling to 22.22% year-on-year from 22.97% in May, according to data released Wednesday by the country’s National Bureau of Statistics. Inflation in Africa’s most populous nation surged to levels not seen in 28 years last year, driven largely by President Bola Tinubu’s policy […]

Aviation

Airlines may delay aircraft deliveries over US tariff uncertainty – IATA

Director-General of International Air Transport Association,Willie Walsh, has said that Airlines could hesitate to accept aircraft deliveries amid ongoing uncertainty over United States tariffs and their potential impact on plane costs. This was disclosed by Walsh on Wednesday while speaking at a media roundtable in Singapore. “It’s not just going to be a major Boeing […]

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 […]

featured

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, […]

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