Business

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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Dangote Refinery alone not enough for Africa, says FG

Oil and Gas

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Transportation

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featured News

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

Economy

Blog

Two Chinese charged for shipping US AI chips to China
Tech

Nvidia hits $4tn milestone as stock rises by 2%

Nvidia Corporation’s market capitalisation soared past $4 trillion on Wednesday following a more than 2 per cent rise in its stock price. This development has cemented its status as the world’s most valuable company. The California-based semiconductor giant has now outpaced tech titans Microsoft and Apple—both of which previously crossed the $3 trillion mark—as investor […]

Business

UK homebuilders to pay £100m in landmark antitrust settlement

Seven major United Kingdom homebuilders, including Barratt Redrow plc and Berkeley Group Holdings plc, have agreed to pay £100 million (RM578.17 million) to support affordable housing schemes, resolving an antitrust dispute with the Competition and Markets Authority. The deal—described by the CMA as its largest-ever payment commitment—will fund the construction of hundreds of affordable homes […]

featured

UAE halts transit visas, enforces stricter entry rules for Nigerians

The United Arab Emirates has imposed major new restrictions on visa applications from Nigerian nationals, including a total suspension of transit visas and tighter rules for tourist entries. In a notice to travel agents on Tuesday, Dubai immigration authorities confirmed that they will no longer process transit visa requests from Nigerians. The directive also introduced […]

IGR to provide N300bn of Enugu's N521bn 2024 budget - Mbah
Aviation

ICYMI: Enugu Air to connect Nigeria to the global stage – Governor 

Enugu State Governor Peter Mbah has announced that Enugu Air, the newly launched state-owned airline, will operate as a strategic hub aimed at connecting countries beyond its base in Enugu. He made the announcement on Monday during the airline’s maiden flight ceremony at Akanu Ibiam International Airport. Addressing guests at the event, Governor Mbah described […]

Roqqu acquires Kenyan crypto exchange Flitaa
News

Roqqu acquires Kenyan crypto exchange Flitaa

Nigerian crypto startup Roqqu has announced the acquisition of Flitaa, a smaller crypto exchange with operations in Nigeria and Kenya, in a move that marks its entry into East Africa’s fast-growing digital asset market. Although the exact value of the all-cash deal was not disclosed, sources estimate it to be between $85,000 and $350,000. The […]

Business

Oil firms must verify local content payments – FG

The Federal Government now requires upstream oil and gas operators to secure compliance certificates verifying their one per cent contributions to the Nigerian Content Development Fund. This follows the introduction of the Nigerian Content Compliance Certificate System by the Nigerian Content Development and Monitoring Board, designed to enforce remittance compliance with Nigerian Content regulations. The […]

Kuda relaunches cross-border remittance with multi-currency wallet
News

Kuda relaunches cross-border remittance with multi-currency wallet

Three years after shelving its initial remittance plans, Nigerian digital bank Kuda Technologies has relaunched its cross-border payment offering through a new multi-currency wallet, allowing users outside Nigeria to send money directly to Nigerian bank accounts. Announced at a media briefing on Monday, Kuda’s Chief Executive Officer Babs Ogundeyi and Senior Vice President of Business […]

Safaricom CEO Peter Ndegwa becomes highest-paid executive on Nairobi
News

Safaricom CEO Peter Ndegwa becomes highest-paid executive on Nairobi

Safaricom Chief Executive Peter Ndegwa earned a record KES 294.2 million ($2.2 million) in total compensation for the year ending March 2025, making him the highest-paid CEO on the Nairobi Securities Exchange. The payout marks a 17% increase from the previous year, as the telecoms giant returned to growth and raised executive pay. According to […]

Aviation

Virgin Atlantic to roll out free Starlink Wi-Fi across fleet

Virgin Atlantic is set to introduce some of its most significant passenger experience upgrades yet. The U.K. airline will soon provide free Starlink Wi-Fi on all flights, add more premium seating, and launch a long-anticipated cabin refurbishment—part of a broader effort to enhance comfort and stay competitive in the global aviation market. The upgrades were […]

OpenAI employees consider selling $6bn stock
News

OpenAI tightens security amid espionage fears, industry rivalries

OpenAI has significantly tightened its internal security protocols in response to growing concerns over corporate espionage and intellectual property theft, according to a report by the Financial Times. The overhaul comes after the release of a rival AI model in January by Chinese startup DeepSeek. OpenAI reportedly suspects the company used “distillation” techniques to improperly […]

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