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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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Canada airport operations interrupted amid security concerns

Flights in and out of Ottawa Macdonald-Cartier International Airport faced disruptions Thursday morning following a security incident. NAV CANADA, Canada’s air traffic control agency, posted on X that police were investigating bomb threats at six airports across the country, including Ottawa. “Early this morning, NAV CANADA was made aware of bomb threats affecting facilities in […]

Apple to allow users repair iPhones with used parts
Tech

Apple sees first China sales growth in two-years

Apple’s iPhone sales in China increased in the second quarter for the first time in two years, according to Counterpoint Research, as the tech giant aims to revive its performance in this key market. iPhone sales in China grew 8% year-over-year during the three months ending in June, marking Apple’s first growth in the country […]

Aviation

NCAA ranks Max Air least responsive to passenger complaints

The Nigerian Civil Aviation Authority has ranked Max Air as the least responsive domestic airline to passenger complaints, according to recent data from its Consumer Protection Department. This was disclosed by NCAA’s Director of Public Affairs and Consumer Protection, Michael Achimugu, in a post on X on Thursday. Achimugu also revealed that the authority received […]

News

Reps vow stricter mining licenses to tackle illicit trade, insecurity

The Speaker of the House of Representatives, Tajudeen Abbas, says the lower chamber will implement tougher licensing measures in the mining sector to curb illegal resource trading and cut off financial support for insecurity. He made disclosure on Wednesday at the 8th annual conference of the Network of African Parliamentarians on Defence and Security Committees […]

Alibaba to raise HK$12bn in exchangeable bonds
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Alibaba to raise HK$12bn in exchangeable bonds

Chinese technology giant Alibaba Group is seeking to raise approximately HK$12 billion (US$1.53 billion) through the issuance of exchangeable bonds, the company announced on Thursday. The move is aimed at bolstering Alibaba’s investments in cloud infrastructure and its expanding global commerce operations. The bonds will be exchangeable for shares in Alibaba Health Technology, a Hong […]

Business

FG approves 37 new oil routes to boost production, curb theft

The Federal Government has approved 37 new crude oil evacuation routes nationwide as part of ongoing reforms to enhance production and tackle oil theft. The number of active crude oil rigs has also grown significantly, rising from eight in 2020 to 44. This was revealed by the Chief Executive of the Nigerian Upstream Petroleum Regulatory […]

Business

Seplat CEO applauds NNPCL’s financial reforms, improved discipline

The Chief Executive Officer of Seplat Energy Plc, Roger Brown, says the Nigerian National Petroleum Company Limited has cleared its legacy debts and now operates with greater financial discipline — a development he described as a “game changer” for local oil firms. Speaking at a panel session titled “Harnessing Africa’s Energy Shift – From Acquisition […]

Business

Nigeria’s fiscal deficit could worsen without urgent reforms – IMF

The International Monetary Fund has raised alarm over Nigeria’s 2025 fiscal outlook, warning that the country must urgently adjust its budget targets to prevent a deepening financial crisis. In its Article IV consultation report released on Wednesday, the IMF highlighted a strong likelihood that Nigeria will exceed its fiscal deficit target for the year, citing […]

Nigeria to phase out diesel, embrace hybrid energy — Shettima
Business

FG, investors plan $60m green overhaul of Onne Port

Vice President Kashim Shettima has revealed that the federal government is in talks with private investors to mobilize nearly $60 million for the electrification of Onne Port, aiming to make it Nigeria’s first green port. He also affirmed that the country will soon phase out diesel use and reduce carbon emissions through an integrated hybrid […]

Business

US lifts export restrictions on chip-design software to China

The United States government has lifted its export restrictions on chip-design software to China. This was announced on Thursday by semiconductor software firms Synopsys and Cadence. “Synopsys is working to restore access to the recently restricted products in China,” the California-based software maker said in a statement. The U.S. Commerce Department did not immediately respond […]

Trump considers sanctions against China’s DeepSeek
Tech

DeepSeek resumes hiring with 10 new roles on LinkedIn

Chinese AI startup DeepSeek has reignited its recruitment efforts, posting 10 new job openings on LinkedIn over the past week—marking its first activity on the platform in months. The company appears to be expanding its search beyond China as it seeks top talent for roles in engineering, research, and product development. The job listings, written […]

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Nigeria was near bankruptcy when I took office — Tinubu

President Bola Tinubu has said his administration has pulled Nigeria’s economy back from the brink of collapse, assuring Nigerians in Saint Lucia that key reforms are helping to stabilise the country and restore investor confidence. Speaking during an interactive session with the Nigerian community, Tinubu said he inherited a nation that was nearly bankrupt when […]

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