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

Oil theft: PENGASSAN finger military, others
Oil and Gas

PENGASSAN faults FG’s upstream oil tax incentive over insecurity, others

The Petroleum and Natural Gas Senior Staff Association of Nigeria has raised concerns over President Bola Tinubu’s recent Executive Order aimed at boosting offshore oil and gas production. The union warned that certain provisions in the policy could weaken the enforcement of the Nigerian Oil and Gas Industry Content Development Act, potentially undermining local participation […]

Banking

FCMB reassures investors amid CBN dividend suspension, stricter oversight

FCMB Group Plc has moved to allay investor concerns following a new directive from the Central Bank of Nigeria, which halts dividend payments and imposes stricter oversight on banks with unresolved forbearance loans or breaches of the Single Obligor Limit. In a statement on Monday, the bank revealed it had reduced its forbearance-related loan exposure […]

New SEC regulation to enhance transparency in bank recapitalization
News

SEC unveils crypto smart initiative to shape stablecoin rules

The Securities and Exchange Commission of Nigeria is set to launch the Crypto Smart, Nigeria Strong initiative to collaborate with developers in designing a regulatory framework for stablecoins. The initiative is part of the SEC’s broader efforts to attract reputable players, promote investor education, and enhance digital literacy in the digital asset space. This was […]

WhatsApp rolls out voice note transcription feature in India
Tech

Meta to show more advert on WhatsApp

WhatsApp is introducing three significant advertising features as part of a global rollout, marking a pivotal shift in its monetization strategy. Meta announced on Monday that businesses can now run status ads on WhatsApp, which appear only in the app’s “Updates” tab to keep ads separate from personal chats. These ads invite users to engage […]

featured

Nigeria’s inflation falls to 22.97% in May – NBS

Nigeria’s headline inflation rate fell to 22.97 per cent in May 2025, marking the second straight month of decline. This was disclosed in the latest data released by the National Bureau of Statistics. The drop from 23.71 per cent in April points to a sustained slowdown in price increases, offering early signs of relief for […]

featured

Dangote fuel rollout may create hidden monopoly, PETROAN warns

The Petroleum Products Retail Outlets Owners Association of Nigeria has raised concerns that Dangote Refinery’s plan to distribute diesel and petrol nationwide, starting August 15, could result in a hidden monopoly in the market. Recall Dangote Refinery announced that it will start nationwide distribution of diesel and premium motor spirit, commonly called petrol, beginning August […]

Air Peace denies alleged safety protocol violations in UK
Aviation

Air Peace faces FCCPC probe over unpaid refunds

The Federal Competition and Consumer Protection Commission has summoned the management of Air Peace Limited following widespread complaints from passengers across the country about unrefunded ticket fares, including instances where the airline itself cancelled the flights. The development was disclosed in a statement on Monday by the Commission’s Director of Public Affairs, Ondaje Ijagwu. The […]

Apple to pledge $100bn to US manufacturing
Tech

Apple risks new EU antitrust charges over digital rules breach

Apple is at risk of facing new antitrust charges from the European Union if it fails to resolve alleged violations of the bloc’s digital rules, which previously resulted in a €500 million (S$741.2 million) fine earlier this year. With a June 26 deadline looming, EU regulators are preparing to issue an ultimatum requiring Apple to […]

Huawei revenue drops 6% in 2022 first half
Tech

Taiwan blacklists Huawei, SMIC over security concerns

Taiwan has blacklisted Chinese tech giants Huawei and SMIC, adding them and their global affiliates to its “Strategic High-Tech Commodities Entity List.” The move, which restricts exports of sensitive technologies, brings Taiwan’s trade policy closer in line with that of the United States and comes amid rising tensions with Beijing. Taiwan requires companies to obtain […]

TikTok removes more Universal Music songs as conflict worsens
Tech

TikTok unveils new generative AI tools for marketers

TikTok on Monday introduced a new lineup of generative AI tools to simplify creative production for marketers. Available both on TikTok and through integrations with Adobe Express and WPP Open, the tools are part of the platform’s Symphony suite of AI-powered products. Among the new features are image-to-video generation, which turns product photos, brand assets, […]

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