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

Appeal Court overturns Emefiele’s asset forfeiture order
News

Appeal Court overturns Emefiele’s asset forfeiture order

The Court of Appeal in Lagos has nullified the final forfeiture of properties and funds belonging to former Central Bank of Nigeria Governor, Godwin Emefiele, which had earlier been granted to the Federal Government. In a two-to-one majority decision delivered on April 9, 2025, but obtained on Sunday, the appellate court reversed the November 1, […]

Tesla sets up shop in Morocco for African expansion
News

Tesla sets up shop in Morocco for African expansion

After months of high-profile political engagement in the U.S., Tesla CEO Elon Musk is shifting gears, refocusing attention on his business ventures. In a strategic move signaling renewed corporate priorities, Tesla has opened its first office in Africa, setting up operations in Casablanca, Morocco, with an initial investment of $2.75 million. This marks Tesla’s first […]

Business

Palm oil prices soars as US sets record biofuel target

Palm oil prices climbed past 4,000 ringgit, tracking gains in soyoil after the United States proposed a record 24.02 billion-gallon biofuel blending mandate for 2026—nearly eight per cent above 2025 levels. The U.S. Environmental Protection Agency on Friday unveiled a long-anticipated plan to increase domestic biofuel production and reduce reliance on imports, according to Bloomberg. […]

Trump signs executive order establishing US Bitcoin reserve
News

Trump pushes for mass deportations in cities run by democrats

President Donald Trump has directed United States Immigration and Customs Enforcement to increase efforts to detain and deport undocumented migrants in major cities led by Democrats, intensifying his crackdown on illegal immigration. On Sunday of evening, Trump took to Truth Social to urge ICE agents to “do all in their power” to carry out what […]

Tech

Cybersecurity firm unveils advanced defence system for fintechs

A leading cybesecurity firm, DevSecFlow, has introduced an advanced security operations platform, SECOYA — an advanced security operations platform engineered to provide intelligent, scalable, and efficient cyber defence for financial institutions and tightly regulated organisations across Nigeria. The announcement was made in a statement on Sunday, following an exclusive executive breakfast session held by the company […]

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Crude prices jump amid escalating Israel-Iran tensions

Crude oil futures surged Sunday as Israel launched attacks on two natural gas sites in Iran, stoking fears of broader conflict and supply disruptions. United States crude climbed $2.72 to $75.67 per barrel, while Brent rose $3.67 to $77.90. Israeli drones reportedly struck the South Pars gas field in southern Iran on Saturday, targeting two […]

Business

Labubu maker Wang Ning becomes China’s 10th richest after doll mania

Wang Ning, founder and CEO of Pop Mart International Group, has joined the ranks of China’s top ten richest individuals, driven by the global popularity of the company’s signature product—the Labubu doll. A recent Forbes report estimates Wang’s net worth at $22.7 billion, placing him 10th on China’s Real-Time Billionaires List and marking him as […]

Nigeria Exchange in decline two weeks in a row
Business

NGX, SEC deepen China ties to attract global investment 

The Nigerian Exchange Group and the Securities and Exchange Commission have restated their commitment to enhancing capital market collaboration with China as part of efforts to attract cross-border investments into Nigeria. This was showcased during the China-Africa CEO Dialogue, held alongside the 4th China–Africa Economic and Trade Expo in Changsha. The event was organised by […]

Dangote Refinery loses N32.5bn after petrol price cut
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Dangote refinery to begin nationwide fuel distribution in August 

Dangote Petroleum Refinery has announced plans to commence the nationwide distribution of Premium Motor Spirit and diesel starting August 15, 2025. This marks a major milestone in transforming Nigeria’s downstream petroleum sector. To support the initiative, the company has deployed 4,000 brand-new Compressed Natural Gas-powered tankers. Additionally, Dangote Refinery will provide free logistics support to […]

EU rules out fee for tech giants under digital markets act
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EU celebrates 40 years of border-free travel

The European Union Commission has launched a campaign to celebrate the 40 years since the signing of the Schengen Agreement. Signed on June 14, 1985, near the town of Schengen in Luxembourg, the agreement laid the foundation for a borderless Europe. The celebrations feature a range of events, including a public exhibition with collaborative art […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
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Banks, telcos still testing end-user billing model – NCC 

Sources at the Nigerian Communications Commission have dismissed recent claims by banks that deductions for Unstructured Supplementary Service Data charges from customers’ airtime—known as end-user billing—began on June 3. According to NCC officials, who requested anonymity as they were not authorised to speak publicly, the process is still in the testing phase. They confirmed that […]

US considers equity stakes in chipmakers under CHIPS act
News

Trump mulls visa ban on Nigeria, 35 other countries

The administration of U.S. President Donald Trump is reportedly preparing to impose visa restrictions or entry bans on Nigeria and 35 other countries, primarily in Africa, according to a memo obtained by The Washington Post. The internal document, signed by Secretary of State Marco Rubio on Saturday, outlines a proposal that could affect countries deemed […]

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