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

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News

Beware of fraudsters impersonating NNPCL officials, Spokesman warns investors

The Nigerian National Petroleum Company Limited has raised an alarm over fraudulent activities by individuals impersonating its officials to extort money from investors. In a statement on Monday, NNPC spokesperson, Olufemi Soneye, revealed that the impostors have been demanding fees from unsuspecting investors in exchange for arranging meetings with the company’s board members, executives, and […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
Business

W’Bank loan at risk as FG fails audit revenue reform

The Federal Government risks losing $4 million from a World Bank loan after failing to meet auditing standards tied to a major revenue reform initiative involving the Federal Inland Revenue Service and the Nigeria Customs Service. The forfeited amount is part of the $103 million Fiscal Governance and Institutions Project, a public financial management programme […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
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Dangote hints at major shake to reform downstream sector

The President of the Dangote Group, Aliko Dangote, has hinted at an upcoming major “shakedown” across Nigeria. Speaking to pressmen after President Bola Tinubu’s visit to the $20 billion refinery in Lekki, Lagos, Dangote clarified that the move is not aimed at reducing fuel prices, but rather at a complete transformation of the country’s downstream […]

Apple unveils striking 'Liquid Glass' redesign at WWDC 2025
News

Apple unveils striking ‘Liquid Glass’ redesign at WWDC 2025

Apple unveiled a bold visual overhaul across its operating systems, introducing a new interface design language called Liquid Glass at its annual Worldwide Developers Conference. The redesign, described as glossy, reflective, and semi-transparent marks the most significant aesthetic shift for the iPhone since the flat design debut of iOS 7 in 2013. Although the iPhone […]

E-commerce

OnePay, Walmart’s fintech arm, unveils two credit cards

Walmart’s majority-owned fintech startup, OnePay, announced on Monday that it will launch two new credit cards this fall, in partnership with Synchrony Bank. Synchrony, a major player in retail credit, will handle both the issuance and underwriting of the cards. The new offerings are designed specifically for Walmart customers, as part of the retailer’s ongoing […]

Business

Mauritius firm to acquire 26% stake in Nigerian recycler Hinckley

uMunthu Investment Company II, a Mauritius-based private equity fund, is set to acquire a 26% stake in Hinckley Ewaste Recycling Limited, one of Nigeria’s leading electronic waste recycling firms. Details of the transaction were disclosed in a notification submitted to the Federal Competition and Consumer Protection Commission. The investment will be carried out through a […]

News

AGF clarifies dropping fraud charges against Fidelity Bank CEO

The Office of the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, SAN, on Monday, clarified the decision to discontinue a criminal case against the Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe. The clarification came in a statement issued by Kamarudeen Ogundele, Special Adviser to the […]

Business

Power supply key to Nigeria’s tech sector success – NACC 

The Acting Director-General of the Nigerian-American Chamber of Commerce, Ms. Wofai Samuel, has emphasized that Nigeria’s technology sector cannot flourish without a reliable power supply. In an interview on Monday, she stressed that power and technology are deeply interconnected, and that resolving Nigeria’s persistent electricity challenges is essential for meaningful progress in the tech sector, […]

Microsoft unveils first Xbox handheld console after years of rumours
News

Microsoft unveils first Xbox handheld console after years of rumours

After more than a decade of speculation, Microsoft has officially entered the handheld gaming market with the announcement of its first portable Xbox console: the ROG Xbox Ally. Developed in collaboration with technology company Asus, the device will allow Xbox Game Pass subscribers to play hundreds of games on the go, offering native gameplay, cloud […]

Cryptocurrency stocks climb as Ether hits six-month high
News

Bitcoin holds firm above $105K amid Trump-Musk feud

The global cryptocurrency market showed signs of steadying on Monday, June 9, after a week of turbulence linked to a public spat between the U.S. President Donald Trump and Tesla CEO Elon Musk. The clash between the two high-profile billionaires rattled investor sentiment and was cited as one of the factors behind last week’s market […]

US-Nigeria bilateral trade hit nearly $13bn in 2024 – US Ambassador
News

US-Nigeria bilateral trade hit nearly $13bn in 2024 – US Ambassador

Trade between the United States and Nigeria has surged to nearly $13 billion in 2024, marking a significant milestone in economic relations between the two nations. The announcement was made by the U.S. Ambassador to Nigeria, Richard M. Mills Jr., during a business forum hosted by Lagos Business School. Speaking at the event themed “Towards […]

China’s Rednote releases open-source AI model
News

China’s Rednote releases open-source AI model

Chinese social media giant Rednote, widely known by its Chinese name Xiaohongshu, has released its first open-source large language model. It joins a growing list of Chinese tech firms making strides in artificial intelligence by offering their models to the global developer community. The model, named dots.llm1, is now available for public download on the […]

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