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Finance ministry demands legal basis for N680m NAICOM

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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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Trump Media launches Truth+ streaming platform globally

Trump Media & Technology Group on Monday launched its TV streaming service, Truth+, to a global audience, marking a major step in its international expansion efforts. The new platform will feature conservative cable channel Newsmax, which went public in March, enabling the news outlet to grow its reach beyond the United States. According to the […]

Business

BRICS not a threat, China tells Trump 

China on Monday insisted that the BRICS alliance—which includes Brazil, Russia, India, and China—is not aimed at confrontation, responding to United States President, Donald Trump’s pledge to impose an extra 10% tariff on countries aligning with the bloc. “Regarding the imposition of tariffs, China has repeatedly stated its position that trade and tariff wars have […]

Trump opens TikTok account amid pending ban deadline
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TikTok prepares new US app ahead of planned sale – Report

TikTok is reportedly developing a new version of its app specifically for users in the United States, in anticipation of a potential sale to a consortium of American investors. The Information disclosed on Sunday, that the move is aimed at complying with U.S. regulatory demands and avoiding a ban. The development comes as U.S. President […]

Apple to pledge $100bn to US manufacturing
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Apple challenges €500m EU fine over App Sore ‘violation’

Apple has taken the European Commission to court over a €500 million ($587 million) fine imposed earlier this year for allegedly violating the European Union’s Digital Markets Act, a law designed to rein in the power of Big Tech. The U.S. tech giant filed its appeal on Monday at the EU General Court—the bloc’s second-highest […]

Huawei’s artificial intelligence research arm, Noah’s Ark Lab, has denied allegations that its Pangu Pro Moe large language model copied elements from Alibaba’s Qwen 2.5-14B model.
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Huawei denies copying Alibaba’s AI model Qwen

Huawei’s artificial intelligence research arm, Noah’s Ark Lab, has denied allegations that its Pangu Pro Moe large language model copied elements from Alibaba’s Qwen 2.5-14B model. The lab issued a statement on Saturday asserting that its AI model was independently developed and trained. The rebuttal follows a report published on Friday by an anonymous group […]

New SEC regulation to enhance transparency in bank recapitalization
Business

SEC clarifies director tenure rules, eases market operators’ fears

The Securities and Exchange Commission has issued a guidance note to clarify its recent directive on director tenure and board appointments, offering reassurance to capital market operators unsettled by last week’s announcement. The note specifies that the directive applies to Capital Market Operators identified as Financial Market Infrastructures and Significant Public Interest Entities, and provides […]

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Shell expects weaker Q2 earnings amid drop in oil, gas profits

Shell Plc announced on Monday that its second-quarter earnings are expected to take a hit, driven by a significant decline in contributions from its renowned oil and gas trading operations. The energy giant disclosed in a trading update that its trading and optimization segments, which span oil and gas markets, will see “significantly lower” performance […]

Top ten Nigeria universities in 2024
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FG launches 2025/2026 technical teachers training programme

The Federal Ministry of Education has announced the rollout of the 2025/2026 Technical Teachers Training Programme, a tuition-free, one-year Post-Graduate Diploma in Education tailored for public secondary school teachers of technical and vocational subjects. The announcement, made by the Ministry’s Department of Technology and Science Education in Abuja, underscores the government’s renewed drive to strengthen […]

Trump signs executive order establishing US Bitcoin reserve
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Trump slaps 10% tariff on Nigeria over BRICS alignment

United States President, Donald Trump, has declared that Nigeria will face an additional 10 per cent tariff for what he called its alignment with the “anti-American policies of BRICS.” The announcement, made on Sunday through a post on Truth Social, adds a new layer of uncertainty to global trade dynamics. “Any Country aligning itself with […]

CBN
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BVN enrolment remains free for Nigerians at home — CBN

The Central Bank of Nigeria has dismissed rumours circulating on social media about the introduction of new or hidden charges for the Bank Verification Number, affirming that BVN enrolment for Nigerians living in the country remains completely free. In a statement issued on Monday, the CBN’s Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, […]

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