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UNILAG, Lotus Bank face NDPC probe over students

  • 12th August 2026

NITDA partners Canadian tech firms on AI, digital

  • 12th August 2026

Tinubu unveils reform to unlock $50bn deep offshore

  • 12th August 2026

Finance ministry demands legal basis for N680m NAICOM

  • 10th August 2026

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UNILAG, Lotus Bank face NDPC probe over students data

Business

Cybercriminals hacking victims’ online accounts to steal intimate photos

Tech

NCAA plans real-time baggage tracking for air passengers

Aviation

NITDA partners Canadian tech firms on AI, digital innovation

Business

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Business

Oil prices surge as Israel intensify strikes on Iran

Crude oil futures rose sharply on Thursday after Israeli Prime Minister Benjamin Netanyahu ordered intensified military strikes against Iran. As of 9:38 a.m., United States crude was up $1.36 (1.81%) at $76.50 per barrel, while Brent crude climbed $1.10 (1.43%) to $77.80. Prices have surged over 11% in the past week as Israel escalates attacks […]

Australian court rules Apple, Google abused market power
Tech

Google suffers setback in bid to overturn EU antitrust fine

Google suffered a setback at the European Court of Justice today as an adviser to the court recommended upholding a record antitrust fine. The U.S. tech giant has been appealing the €4.3 billion (RM21 billion) penalty issued by the European Commission in 2018, which was later trimmed to €4.1 billion. The Advocate General at the […]

Regulators approve SpaceX’s Starship for seventh launch
Tech

SpaceX starship rocket blows up in US test

A SpaceX Starship rocket exploded late Wednesday during routine testing at the company’s Starbase facility in Texas, according to local officials and live-streamed footage. In a statement on social media, SpaceX confirmed the rocket suffered “a major anomaly while on a test stand at Starbase” around 11 p.m. local time. The company added that a […]

Travel

US reopens student visa applications with stricter screening rules

The United State on Wednesday announced the resumption of student visa applications for foreign nationals, adding a new requirement for applicants to grant access to their social media accounts. Official said consular officers will review online activity for any content perceived as hostile toward the United States, including its government, culture, institutions, or founding values. […]

Starlink expands African footprint, enters Guinea-Bissau
News

Starlink expands African footprint, enters Guinea-Bissau

Starlink, the satellite internet service operated by SpaceX, has launched in Guinea-Bissau, marking its 23rd active market on the African continent. The announcement was made via the company’s official X account earlier this week. According to Starlink’s availability map, areas including Bissau, Buba, and Gabú are now listed as “Available,” while other regions remain on […]

Oil and Gas

Marketers seek foreign traders for cheaper petrol imports

Oil marketers said they have initiated negotiations with international traders to bring in cheaper Premium Motor Spirit in a bid to remain competitive. In the same vein, the Independent Petroleum Marketers Association of Nigeria and oil workers insist that petrol from the Dangote Refinery should be sold at a price lower than ₦825 per litre, […]

Energy

TotalEnergies to begin biofuel production with cooking oil

TotalEnergies said it is preparing to launch biofuel production in France using used cooking oil, following a 15-year agreement with Quatra, Europe’s top used cooking oil collector and recycler. The deal will see Quatra supply 60,000 tonnes of used oil each year. The deal, set to begin in 2026, will see Quatra supply used cooking […]

Air Peace funds still trapped in CBN - Onyema
Aviation

Air Peace deploys backup planes to tackle flight delays 

The Chief Executive Officer of Air Peace, Allen Onyema, has announced that the airline has set aside three aircraft as operational backups to reduce flight delays and cancellations. He explained that the standby planes are intended to address passenger complaints by stepping in whenever any of the airline’s active aircraft experience minor or major technical […]

Business

FG delays sale of power plants over low investor bids

The Federal Government has delayed plans to sell five National Integrated Power Projects after receiving undervalued bids from interested investors. Meanwhile, the Transmission Company of Nigeria is contending with a growing debt of ₦457 billion. TCN’s Executive Director of Transmission Service Provider, Oluwagbenga Ajiboye, revealed this at a capacity-building workshop for journalists in Nasarawa State. […]

News

NUPRC issues new guidelines for exporters to curb oil theft

The Nigerian Upstream Petroleum Regulatory Commission has introduced a new requirement mandating crude oil exporters to obtain an export permit, vessel clearance, and a Unique Identification Number before any shipment can leave the country. This comes as oil producers recorded exports worth ₦12.96 trillion in the first quarter of 2025, despite ongoing feedstock shortages crippling […]

Electricity

NERC sets integration deadline for GenCos

The Nigerian Electricity Regulatory Commission has issued a directive mandating all grid-connected power generation companies to fully integrate with the national Supervisory Control and Data Acquisition/Energy Management System by December 31, 2025. Failure to comply with the integration deadline will attract severe financial penalties and may lead to disconnection from the national grid. The directive […]

Airtel, MTN, others must get ad campaign approval - NCC
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Telcos gain direct access to USSD revenue under new framework

Telecommunications operators in Nigeria can now directly access revenue generated from Unstructured Supplementary Service Data services, following the approval of a new billing model by the Nigerian Communications Commission and the Central Bank of Nigeria. The newly adopted End-User Billing framework authorizes MTN, Airtel, 9mobile, and Glo to deduct USSD service charges directly from subscribers’ […]

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