Business

BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

Lagos partners BOI, Sterling Bank to boost MSMEs

  • 8th May 2025
Disney, Warner Bros to launch joint streaming bundle

Disney beats Q2 expectations with strong Disney+ subscriber

  • 7th May 2025
Trump signs executive order establishing US Bitcoin reserve

Investors flee to Europe, Japan amid trade war

  • 7th May 2025

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Amazon plans stand-alone app for payments in India

Amazon enters quantum race with launch of Ocelot chip

Tech
9mobile loses over 300,000 subscribers as roaming deal with MTN faces delays

9mobile loses over 300,000 subscribers as roaming deal with

News

Africa can lead AI-driven deep tech, says El Habti

Tech
UAE commits to $25bn Nigeria-Morocco gas pipeline project

UAE commits to $25bn Nigeria-Morocco gas pipeline project

News

Blog

Business

Warren Buffett to remain Berkshire chairman despite CEO change

The Berkshire Hathaway board unanimously voted on Sunday to appoint Greg Abel as president and CEO starting January 1, 2026, with Warren Buffett, 94, remaining as chairman. Buffett surprised both shareholders and Abel by revealing during the final minutes of the company’s annual shareholder meeting on Saturday that he would ask the board to replace […]

Business

Hollywood stocks tumble after Trump suggests 100% tariff on foreign films

Investors in major Hollywood studios and streaming platforms were rattled on Monday after President Donald Trump suggested a 100% tariff on foreign-made films. Shares of Netflix, Disney, Paramount and Warner Bros. Discovery fell ahead of the opening bell, with Comcast-owned Universal also trading slightly down, according to CNBC. Here’s how media stocks took a hit […]

Apple to launch iPhone 18 launch in two phases 2026
News

Apple to launch iPhone 18 launch in two phases 2026

Apple is set to split the release of its iPhone 18 lineup into two distinct phases beginning in 2026, according to a report by The Information The tech giant reportedly plans to launch the premium iPhone 18 Pro models in the fall of 2026, while delaying the release of the more affordable standard iPhone 18 […]

Hacker breaches TeleMessage, exposes data linked to US officials
News

Hacker breaches TeleMessage, exposes data linked to US officials

A hacker has exploited a vulnerability in TeleMessage, a service that modifies encrypted messaging apps like Signal, Telegram, and WhatsApp, to access sensitive archived data linked to United States government officials and major companies, according to a report by 404 Media. TeleMessage, owned by Israel-based firm Smarsh, enables clients to archive messages—including voice notes—from encrypted […]

News

NDDC cautions Nigerian scholarship applicants about fake verification in Lagos

The Niger Delta Development Commission has warned Nigerians about a fraudulent scheme targeting applicants for its Postgraduate Foreign Scholarship Programme. The scam involves a fake document verification exercise scheduled in Lagos, and the NDDC has urged applicants to be cautious and avoid falling victim to this deception. This was disclosed in a press release on […]

Business

FG dismisses AfDB president’s remarks on Nigeria’s economic decline

The Presidency has dismissed recent remarks by Dr. Akinwumi Adesina, the outgoing President of the African Development Bank, who claimed that Nigerians are worse off today than they were in 1960. Presidential spokesperson, Bayo Onanuga, issued a statement criticizing both the data cited by Adesina and the conclusions drawn from it. Dr. Adesina had stated […]

Trump signs executive order establishing US Bitcoin reserve
News

Trump slaps 100% tariff on foreign films to revive Hollywood 

In a bold and controversial move, United States President Donald Trump has announced a 100% tariff on all foreign-produced films, citing a need to protect and rejuvenate the struggling American film industry. The declaration, made Sunday via Trump’s Truth Social platform, authorizes the Department of Commerce and the U.S. Trade Representative to immediately begin implementing […]

Oil and Gas

Global crude price slumps after OPEC+ raised output

The global crude oil prices plunged further on Sunday following OPEC+’s decision to raise production for a second consecutive month. U.S. crude dropped $2.49, or 4.27%, to $55.80 a barrel shortly after markets opened, while global benchmark Brent slid $2.39, or 3.9%, to $58.90 per barrel. Overall, oil prices have declined by more than 20% […]

FG revokes housing allocations for 1,357 beneficiaries
Business

Seize opportunities in FG’s housing scheme, AHCN urges members

The Association of Housing Corporations of Nigeria has urged housing agencies to act quickly or risk missing out on major opportunities under the Federal Government’s Renewed Hope Housing Agenda. At a strategic session in Abuja, AHCN President, Eno Obongha, emphasized that the new housing programme, spearheaded by Minister Ahmed Dangiwa, offers “low-hanging fruits” that corporations […]

Cut corporate tax to 7.5%, NACCIMA urges Tinubu
Electricity

Tinubu to meet GenCos over N4tn power sector debt crisis

President Bola Tinubu’s planned meeting with the leadership of Nigeria’s power-generating companies comes as a response to the N4tn debt threatening the stability of the electricity supply chain. In a statement by the power ministry on Sunday, the meeting follows discussions between the Minister of Power, Adebayo Adelabu, and the Genco chairmen, highlighting concerns about […]

featured

Naira printing costs surge by 306%

The Central Bank of Nigeria spent ₦315.18 billion on currency issue expenses in 2024, representing a sharp 306% increase from the ₦77.67 billion recorded in 2023, according to its audited financial statement for the year. Currency issue expenses include the costs associated with printing, processing, distributing, and disposing of banknotes. The latest figures show a […]

Business

Immigration lists 13 visa categories eligible for e-visa platform

The Nigeria Immigration Service has announced that 13 visa categories are now available for online application through its newly introduced e-visa platform. This was disclosed by the agency via its official X (formerly Twitter) account, marking a significant step in the digital overhaul of Nigeria’s visa system in line with the 2025 Nigeria Visa Policy. […]

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