Business

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

Blog

Aviation

Kenya Airways seeks seven days to address NCAA, passenger incident

Kenya Airways has asked for a seven-day period to resolve matters related to a recent incident involving a Nigerian passenger named Gloria, as well as other operational issues flagged by the Nigerian Civil Aviation Authority. The airline made the appeal during a visit to the NCAA headquarters in Abuja. The Kenyan delegation, which included officials […]

Meta offered $100m bonuses to lure OpenAI staff, Altman alleges
News

Meta offered $100m bonuses to lure OpenAI staff, Altman alleges

OpenAI Chief Executive Sam Altman has claimed that Meta offered massive financial incentives, including signing bonuses of up to $100 million, to recruit top talent from his company as competition intensifies in the artificial intelligence sector. Speaking on the Uncapped podcast hosted by his brother, Altman said the Facebook parent company has approached several OpenAI […]

Transcorp top gainers chart as NGX closes at 78,020.54 points
Business

Stock market declines as all-share index drops

The Nigerian stock market ended in negative territory on 17th June 2025, as the All-Share Index fell by 348.61 points to close at 114,910.16 — a 0.3% drop from the previous day’s 115,258.77. The decline was largely attributed to renewed sell pressure in the banking sector, with all FUGAZ banks except GTCO posting losses, resulting […]

Business

PenCom, HOS partner on gratuity framework for civil servants

The National Pension Commission and the Office of the Head of the Civil Service of the Federation have agreed to collaborate on developing a gratuity framework for civil servants in treasury-funded ministries, departments, and agencies under the Contributory Pension Scheme. PenCom disclosed this in a statement on Tuesday, following a courtesy visit by its Director-General, […]

News

Visa appoints Aminata Kane to head African operations

Global payments giant Visa has announced the appointment of Aminata Kane as Senior Vice President and Head of Western and Central Africa, effective September 4, 2025. Kane, a seasoned executive in digital financial services and telecommunications, will be based in Abidjan, Côte d’Ivoire. She will lead Visa’s newly established sub-regional team, overseeing operations across 23 […]

Guaranty Trust Bank Ltd. has announced that all its branches across Nigeria will close earlier than usual on Monday, June 30, 2025
Banking

GTBank begins deduction of USSD charges from airtime 

Guaranty Trust Bank has announced a change in its billing method for USSD transactions. Effective Wednesday, June 18, 2025, the N6.98 service fee will be deducted directly from customers’ airtime balance, rather than from their bank accounts. The move aligns with the new industry-wide billing model being adopted by several Nigerian banks. Dear Customer, please […]

News

FG to track unpaid loans with NIN, restrict passport renewal

The Federal Government has announced plans to use the National Identification Number to track all unpaid loans across the country. The move is aimed at strengthening Nigeria’s credit infrastructure and curbing corruption. Managing Director of the Nigerian Consumer Credit Corporation, Uzoma Nwagba, disclosed this during a “Meet the Press” briefing organized by the Presidential Media […]

Business

IPMAN suspends strike as Lagos agrees to dialogue  

The Independent Petroleum Marketers Association of Nigeria has called off its strike along the Lekki-Epe corridor following the Lagos State Government’s decision to engage in talks over the N12,500 E-Call Up fee imposed on truck operators using the route. This development was confirmed in a letter signed by IPMAN’s National Secretary, Hon. James Terlunun Tor, […]

featured

CBN confirms close monitoring of banks under forbearance

The Central Bank of Nigeria has announced that banks benefiting from forbearance measures are under strict monitoring, as part of ongoing efforts to ensure stability and resilience in the country’s banking sector. In a press statement issued on Tuesday, the Central Bank of Nigeria’s Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, stated that […]

OpenAI CEO teases restructuring amid lawyer, stakeholders negotiations
News

OpenAI may sue Microsoft over antitrust violation

OpenAI is reportedly considering accusing its largest backer, Microsoft, of anticompetitive practices as tensions escalate over the terms of their high-profile partnership, according to a Wall Street Journal report published Monday. The report says OpenAI executives have discussed the possibility of seeking a federal antitrust review of their contract with Microsoft and launching a public […]

Tech giant Oracle faces scrutiny over handling of data breaches
News

Oracle, xAI to integrate Grok 3 model for clients

Oracle Corporation announced Tuesday that it is teaming up with Elon Musk’s artificial intelligence firm, xAI, to offer the company’s latest AI model, Grok 3, to enterprise customers through its cloud infrastructure platform. Grok 3, released in February, is xAI’s flagship model designed to compete with top-tier offerings from AI rivals such as DeepSeek and […]

Adobe to launch Photoshop for mobile users
News

Adobe launches first AI-powered mobile app 

Adobe Inc. has unveiled its first standalone artificial intelligence smartphone app, Firefly Mobile, as it looks to capitalize on the rising popularity of AI-generated images and videos across social media platforms. Released Tuesday, the new app brings Adobe’s proprietary AI tools to iOS and Android devices and integrates models from leading AI developers including OpenAI […]

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