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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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Nvidia unveils Nemotron 3.5 lightning as open-source AI debate

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Anthropic to watermark AI-generated text under new EU rules

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Spotify introduces ‘AI Persona’ labels for AI-generated artists

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Google Gemini surpasses 1b monthly active users

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Meta introduces message summaries to WhatsApp
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Meta introduces message summaries to WhatsApp

Meta announced Wednesday it is introducing a new AI-powered message summaries feature to WhatsApp, aimed at helping users quickly catch up on unread messages through brief, automatically generated overviews. The feature, powered by Meta’s artificial intelligence tools, will be rolled out initially in the United States, with support for English-language chats. The optional tool will […]

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Australia, New Zealand rank world highest cocaine users – Report 

Australia and New Zealand have emerged as the highest per-capita users of cocaine globally, according to the United Nations Office on Drugs and Crime. The 2025 World Drug Report reveals that global drug use hit a record high in 2023, with cocaine production, seizures, and consumption all rising sharply—signalling the growing influence of organised criminal […]

Bumble to lay off 30% workforce in restructuring move
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Bumble to lay off 30% workforce in restructuring move

Dating app company Bumble Inc. announced Wednesday it will lay off 30% of its workforce, affecting approximately 240 employees, as part of a broad restructuring effort aimed at sharpening its focus on product development and long-term growth. The company disclosed the decision in a regulatory filing, stating that the move is intended to “realign its […]

FCTA shuts FIRS, Access Bank Abuja offices over rent debt
Business

New tax reforms to take effect January 1, 2026 – FIRS boss

The Executive Chairman of the Federal Inland Revenue Service, Zacch Adedeji, has announced that the recently enacted tax reform laws will take effect from January 1, 2026. He explained that the six-month window will allow time for adequate planning, stakeholder engagement, and alignment with the fiscal year. Adedeji made this disclosure while speaking to State […]

Mobihealth, SUNU Health partner on telemedicine
Business

Partnerships crucial to quality healthcare – SUNU Health 

SUNU Health Nigeria Limited, a foremost Health Maintenance Organisation, has stressed the importance of deepening collaboration with its providers as a key step toward ensuring quality healthcare delivery to communities. This was disclosed by the Managing Director of SUNU Health, Dr. Patrick Korie, during the 2025 edition of its National Providers Forum held in Port […]

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Tinubu signs four tax reform bills into law

President Bola Tinubu has signed four tax reform bills into law, marking what his administration calls a significant milestone in the effort to revamp Nigeria’s economic governance. The signing ceremony, held on Thursday at the Presidential Villa, was attended by Senate President Godswill Akpabio, House Speaker Tajudeen Abbas, key National Assembly leaders, the Minister of […]

Meta plans fourth AI overhaul in six months
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Meta, Invenergy sign renewable energy deal for AI data centers

Meta Platforms and renewable energy developer Invenergy have signed four new agreements to supply an additional 791 megawatts of wind and solar power for Meta’s growing network of data centers, the companies announced on Thursday. The new agreements are the latest in Meta’s ongoing strategy to meet the soaring electricity demand of its artificial intelligence […]

Micron shares rise amid AI demand for memory chips
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Micron shares rise amid AI demand for memory chips

Shares of Micron Technology rose 2% in premarket trading on Thursday after the U.S. chipmaker issued a strong revenue forecast for the fourth quarter, driven by surging demand for memory chips powering artificial intelligence data centers. The company reported a nearly 50% increase in sales of high-bandwidth memory chips in the third quarter compared to […]

Bezos courts Trump, seeks edge over Musk in space race
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Bezos courts Trump, seeks edge over Musk in space race

Jeff Bezos, founder of space exploration company Blue Origin, has held at least two conversations with U.S. President Donald Trump in recent weeks, as he moves to position his firm for a greater share of lucrative government space contracts, according to a report published Wednesday by The Wall Street Journal. The outreach comes at a […]

Business

Nigeria tops West African intra-Africa trade ranking – Report

Nigeria was the top intra-African trading country in West Africa in 2024, with trade volumes reaching $18.4 billion, according to a report released on Wednesday by the African Export-Import Bank. The flagship report, titled “2025 African Trade Report,” was unveiled by the President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict O. […]

Business

Africa must reduce reliance on US dollar – AfCFTA

The Secretary General of the AfCFTA Secretariat, Wamkele Mene, has called for a major shift away from the use of the US dollar in trade among African countries, describing the current reliance as both inefficient and unsustainable. Speaking on Wednesday at the 2025 Afreximbank Annual Meetings in Abuja, Mene underscored the importance of using local […]

Kenya restricts Telegram as protest gains momentum
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Kenya restricts Telegram as protest gains momentum

The Kenyan government has restricted access to the messaging app Telegram, in what digital rights groups say is part of a wider crackdown on dissent surrounding the anniversary of the June 25 protests. According to NetBlocks, a global internet monitoring group, the platform is now either partially or fully inaccessible across the country. The timing […]

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