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

Business

AEDC vows to clear outstanding staff entitlements

The Abuja Electricity Distribution Company has assured its workers that all legitimate allowances owed to them will be promptly paid. This commitment comes in response to a strike threat issued by the AEDC Union. Managing Director/CEO, Chijioke Okwuokenye, made the pledge, emphasizing that the company remains committed to staff welfare and will ensure there is […]

US considers equity stakes in chipmakers under CHIPS act
News

US judge blocks Trump’s ban on international students at Harvard

A United States judge has temporarily blocked the President Donald Trump’s administration from enforcing a ban that would have barred Harvard University from admitting international students. Judge Allison Burroughs, based in Massachusetts, issued a temporary restraining order, stating that Harvard would suffer “immediate and irreparable injury” if the ban took effect. The ruling followed a […]

featured

US to prioritise private sector-led investments in Nigeria, others – Ambassador 

The United States Ambassador to Nigeria, Richard Mills Jr., stated that the US will prioritize private sector-led investment rather than aid in its engagement with Nigeria and sub-Saharan Africa. He made this remark on Thursday during a Fireside Chat at Lagos Business School, themed ‘Toward a Robust US-Nigeria Commercial and Investment Partnership.’ Nigeria is the […]

Business

Uber eyes stablecoins as new payment option

Uber CEO Dara Khosrowshahi revealed that the company is closely examining stablecoins as a potential payment option. Speaking at the Bloomberg Tech conference in San Francisco on Thursday, Khosrowshahi pointed to their ability to simplify cross-border transactions, cut costs, and boost efficiency across Uber’s international platform. “We’re still in the study phase,” he said, noting […]

Trump to spend $1bn on offensive cyber operations
News

Trump calls Musk ‘CRAZY’ amid feud over tax legislation

United States President Donald Trump called Tesla CEO Elon Musk “CRAZY” on Thursday and threatened to cut his companies’ government contracts amid a feud over a major tax bill. “Go ahead, make my day,” Musk promptly responded. Besides heading electric vehicle maker Tesla, Elon Musk also leads SpaceX, xAI, The Boring Company, Neuralink, and the […]

Nigerian programmer arrested by FBI for multimillion-dollar fraud
News

Nigerian programmer arrested by FBI for multimillion-dollar fraud

Nigerian tech worker Sapphire Egemasi is facing the possibility of more than 20 years in prison following her arrest by the Federal Bureau of Investigation in connection with a sweeping fraud scheme that targeted multiple U.S. government agencies. Egemasi, a programmer with a public presence on the software platform Devpost, was apprehended on or around […]

Banking

AfDB, BOI sign $75m deal to boost local healthcare manufacturing

The African Export-Import Bank and Nigeria’s Bank of Industry have signed a $75 million financing term sheet to support local manufacturers under Nigeria’s Presidential Initiative for Unlocking the Healthcare Value Chain. The agreement, formalized on Thursday during the commissioning of Afreximbank’s African Medical Centre of Excellence in Abuja, aims to bolster domestic production of generic […]

Top 10 most expensive foods in Nigeria for October 2024
Business

FG, Japan partner on $110m emergency loan for food security

The Federal Government has strengthened its collaboration with the Japan International Cooperation Agency to accelerate the rollout of a ¥15 billion (approximately $110 million) emergency loan aimed at boosting food security in Nigeria. This was revealed in a statement issued on Wednesday by the Federal Ministry of Finance and the Coordinating Ministry of the Economy, […]

Banking

Zenith wins 2025 best Nigerian bank award

Zenith Bank Plc has once again been named the “Best Bank in Nigeria” by Global Finance Magazine in its 2025 Best Bank Awards, earning the prestigious title for the fifth time in six years. The recognition affirms Zenith Bank’s continued leadership and resilience in Nigeria’s banking sector. The award was announced as part of Global […]

Trump signs executive order establishing US Bitcoin reserve
Travel

Trump imposes travel ban on 12 nations, restricts seven others

President Donald Trump announced on Wednesday a new travel ban affecting citizens from 12 countries, with additional restrictions on travelers from seven others. The ban will take effect Monday at 12:01 a.m., giving advance notice to avoid the airport disruptions seen in 2017. This time, the policy has stronger legal backing following a Supreme Court […]

News

Trump bans international students entry to Harvard

President Donald Trump has announced an order preventing foreign students from entering the United States to study at Harvard University, marking a significant escalation in his conflict with America’s oldest university. In his statement on Wednesday, the president also granted Secretary of State Marco Rubio the authority to begin revoking visas of foreign students enrolled […]

Cut corporate tax to 7.5%, NACCIMA urges Tinubu
featured

Presidency spends over ₦23b on FX for foreign trips 

The Presidency spent more than ₦23 billion in 2024 on the purchase of foreign currencies to cover the costs of international trips by top government officials, including President Bola Tinubu, Vice President Kashim Shettima, and First Lady Oluremi Tinubu. This amount represents a significant increase from the ₦18.63 billion spent in 2023 — a rise […]

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