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

News

Marketers endorse digital platform to boost transparency in fuel pricing

The Petroleum Products Retail Outlets Owners Association of Nigeria has officially endorsed Petroleumprice.ng as the trusted digital platform for petroleum pricing, industry news, and marketplace services in Nigeria. In a statement signed by PETROAN’s National Public Relations Officer, Dr. Joseph Obele, the association said the endorsement followed a comprehensive review of the platform’s performance, transparency, […]

Business

UK store plans rescue strategy to avoid closure, job losses

River Island’s founding family is preparing a major rescue plan that could lead to widespread store closures and job losses. It was reported that the United Kingdom fashion retailer has hired advisers from PricewaterhouseCoopers to help craft a formal restructuring strategy, according to Sky News. The plans, due to be completed in the next few […]

featured

Nigerians will see major improvement in power supply – Minister

Minister of Power, Chief Adebayo Adelabu, has said that President Bola Tinubu’s administration is tackling the deep-rooted structural challenges that have hindered Nigeria’s power sector for years. Speaking on Friday, he described the recent improvements in electricity supply as just the beginning, noting that far greater progress will be seen in the coming years. Adelabu, […]

Spotify launches custom transitions to enhance playlists
Business

United Airlines brings Spotify playlists, audiobooks, onboard flights

United Airlines passengers can now enjoy curated Spotify playlists, audiobooks, and video podcasts directly from their seatback screens starting this week. This was disclosed by the airline in a press release, stating that the offer aims to enhance the onboard experience with a wider range of entertainment options. “Spotify has a huge audience and people […]

NITDA to develop blockchain "Nigerium" for data Security
News

NITDA opens applications for GITEX Nigeria 2025 

The National Information Technology Development Agency has launched a call for applications for the GITEX Nigeria 2025 Regional Roadshow—a nationwide initiative designed to discover and promote the next generation of tech innovators across Nigeria. The roadshow will be held across the six geopolitical zones, with events scheduled to take place in Lagos State, Enugu State, […]

Amazon cuts jobs in books division amid broader efficiency push
News

Amazon cuts jobs in books division amid broader efficiency push

Amazon has laid off a small number of employees in its books division, including staff at its Kindle and Goodreads units, as part of a continued effort to streamline operations and reduce internal bureaucracy, the company confirmed Thursday. Fewer than 100 roles were affected by the latest round of cuts, according to a company spokesperson. […]

Elon Musk’s xAI projects $13bn in annual earnings by 2029
News

Elon Musk’s xAI projects $13bn in annual earnings by 2029

Elon Musk’s artificial intelligence venture, xAI, expects to generate more than $13 billion in annual earnings by 2029, according to financial projections shared by investment bank Morgan Stanley, Bloomberg News reported on Thursday. Morgan Stanley is currently marketing a $5 billion debt offering for xAI and has opened the startup’s financial books to prospective investors […]

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Tech

Starlink gets approval to provide satellite internet in India

Elon Musk’s Starlink has officially received a license from India’s Department of Telecommunications to provide satellite-based internet services in the country, according to Bloomberg. This approval marks a major step forward for Starlink’s entry into the Indian market. Earlier this week, Telecom Minister, Jyotiraditya Scindia confirmed in an interview stated that India is making steady […]

Business

Tigran Gambaryan quits Binance after eight-month legal battle in Nigeria

Head of Financial Crime Compliance at Binance and a former United States Internal Revenue Service agent, Tigran Gambaryan, is leaving the crypto exchange after enduring an eight-month legal battle in Nigeria. He confirmed that Friday marks his final day at the company, according to Bloomberg. Gambaryan was detained by the Nigerian government in 2023 on […]

Business

Naira-for-crude deal responsible for fuel price cut – Dangote

The president of the Dangote Group, Aliko Dangote, said the naira-for-crude policy has allowed his refinery to consistently lower product prices, ensuring steady availability for the benefit of Nigerians. He made these disclosure during President Bola Tinubu’s visit to the refinery on Thursday, when the president also launched the reconstruction of the deep-sea port access […]

Musk-Trump feud wipes out $150bn from Tesla’s market value
News

Musk-Trump feud wipes out $150bn from Tesla’s market value

A public fallout between Tesla CEO, Elon Musk, and U.S. President, Donald Trump, has triggered a sharp sell-off in Tesla shares, wiping out approximately $150 billion in market value. The electric vehicle maker’s stock plunged by 14 per cent on Thursday, following a series of escalating personal and political clashes between the two once-close allies. […]

Oil and Gas

$10bn Train-7 project hits 80% completion – LNG

Nigeria LNG Limited has announced that its $10 billion Train-7 gas project on Bonny Island, Rivers State, is now 80% complete. This marks an increase from 67% completion reported in June 2024. The company noted that as the project nears its final construction phase, it will require highly skilled technical personnel due to the advanced […]

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