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

Lagos warns of traffic around Pen Cinema ahead of

Transportation

NYSC denies deal with NANS over ₦200 levy for

featured News

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

Economy

Blog

Baidu unveils AI video generator, revamps search engine
News

Baidu unveils AI video generator, revamps search engine

Chinese tech giant Baidu on Wednesday unveiled a new AI-powered video generation tool for businesses, alongside a significant upgrade to its core search engine. The new model, named MuseSteamer, can generate videos of up to 10 seconds from images and is available in three versions—Turbo, Pro, and Lite. Unlike other AI video tools such as […]

Alibaba Cloud expands with data centres in Malaysia, Philippines
News

Alibaba Cloud expands with data centres in Malaysia, Philippines

Alibaba Cloud, the cloud computing division of Chinese tech giant Alibaba Group, has expanded its footprint in Southeast Asia with the launch of a third data centre in Malaysia and plans to open a second facility in the Philippines this October. The announcement was made in a company statement released on Wednesday, following the official […]

Dubai conducts first test flight of electric air taxi
News

Dubai conducts first test flight of electric air taxi

Dubai commuters could soon soar above the city’s notorious traffic, following the successful test flight of a fully-electric air taxi by U.S.-based Joby Aviation. The flight, conducted this week at a remote desert site southeast of downtown Dubai, marks a significant milestone in the emirate’s plan to integrate airborne transport into its public mobility network […]

Business

FG launches $40m blueprint ICT project to transform tertiary education

The Federal Government of Nigeria has initiated the Blueprint ICT Development Project, investing $40 million to revolutionize the nation’s tertiary education system through enhanced digital infrastructure and innovation. Announced on Tuesday in Abuja, the project will be rolled out in 10 federal universities across the country. According to Minister of Education Dr. Tunji Alausa, the […]

News

Four dead, four missing as oil barge sinks in Gulf of Suez

An oil-drilling barge sank in the Gulf of Suez, leaving at least four crew members dead and four others missing. According to the Egyptian government, 22 people were injured when the Adam Marine 12 capsized on Tuesday night in the Gebel el-Zeit area. Egyptian media reported that the vessel was being towed to a new […]

News

Afreximbank launches PAPSSCARD to boost Africa’s payment sovereignty

The African Export-Import Bank has unveiled the PAPSSCARD, a new payments card designed to deepen financial integration across Africa and strengthen the continent’s control over cross-border transactions. Launched in partnership with Mercury Payment Services, the PAPSSCARD builds on the Pan-African Payment and Settlement System, which was established in 2022 to enable intra-African trade using local […]

featured

Nigeria records 3.7% GDP growth in H1 – Report 

Nigeria’s economy is estimated to have expanded by approximately 3.7% in the first half of 2025, supported by improved business conditions and a rise in oil production. This was disclosed in the Stanbic IBTC Bank Nigeria Purchasing Managers’ Index report, compiled by S&P Global and released on Tuesday. The Head of Equity Research for West […]

Oil and Gas

FG’s supply failure fuelling monopoly in oil sector – CORAN

The Crude Oil Refineries Association of Nigeria says the perception of the Dangote Petroleum Refinery as a monopoly stems from the federal government’s failure to supply crude oil to modular refineries. CORAN’s Publicity Secretary, Eche Idoko, said that it is not Dangote but the government’s inaction that poses the real monopoly threat in the downstream […]

Business

Operators call for probe of 2,000 CNG tricycles scheme

The National Commercial Tricycle and Motorcycle Owners and Riders Association has called for an official investigation into the alleged diversion of 2,000 CNG tricycles promised during the presidential campaign. The group claims the tricycles, meant for its members, were handed over to private companies now reselling them at inflated prices. It further accuses the Presidential […]

Aviation

South African Airways promotes Mauritius to Nigerian travellers

South African Airways has initiated a campaign to market Mauritius as a prime vacation destination for Nigerian travellers, especially those seeking leisure and adventure. The airline revealed this in a statement on Tuesday after a strategic meeting with leading travel industry CEOs, where the island’s tranquility and diverse attractions were spotlighted. According to the statement, […]

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