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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

Bill Gates to visit Nigeria for talks on health, innovation
News

Bill Gates to visit Nigeria for talks on health, innovation

Philanthropist and Co-Chair of the Bill & Melinda Gates Foundation, Bill Gates, is expected in Nigeria this week for a series of high-level engagements aimed at strengthening the country’s primary healthcare system and advancing innovation. During his visit, Gates is scheduled to meet with President Bola Tinubu and other key government officials as part of […]

Xiaomi predicts EV profitability by late 2025 despite losses
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Xiaomi predicts EV profitability by late 2025 despite losses

Xiaomi CEO and founder Lei Jun announced on Tuesday that the company expects its electric vehicle division to become profitable in the second half of 2025, according to a company spokesperson. The projection comes despite Xiaomi posting a loss of 0.5 billion yuan ($69.5 million) in the first quarter from its smart EVs, artificial intelligence […]

Neuralink raises $650m as brain implant trials expand
News

Neuralink raises $650m as brain implant trials expand

Elon Musk’s brain-tech venture, Neuralink, announced on Monday that it has secured $650 million in a new funding round, boosting its efforts to bring brain-computer interface technology to market. The funding comes as the company begins clinical trials of its implantable device in three countries. The device, which includes a chip capable of processing and […]

Crypto

Australia cracks down on crypto ATMs amid surge in scams

Australia’s financial crimes watchdog, Austrac, has imposed new restrictions on cryptocurrency ATMs as the growing number of kiosks draws increased misuse by scammers and fraudsters. Under the new rules, cash deposits and withdrawals at crypto ATMs are now capped at A$5,000 (US$3,250) to better protect consumers. Austrac also announced it has refused to renew the […]

NITDA to develop blockchain "Nigerium" for data Security
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Nigeria’s cybesecurity market to hit $345m by 2029 – NITDA

The Director General of the National Information Technology Development Agency, Kachifu Abdullahi, has projected that Nigeria’s cybersecurity market will reach $345.43 million by 2029, according to a report by Mordor Intelligence. Abdullahi made this disclosure during a joint press conference held in Abuja on Monday, organized by NITDA, the Office of the National Security Adviser, […]

Business

PCNGI attracts $500m, converts 50,000 vehicles to CNG nationwide

The Presidential Compressed Natural Gas Initiative has reported significant progress in its first year, attracting over $500 million in investments and facilitating the conversion of more than 50,000 vehicles to run on Compressed Natural Gas. In response to media reports alleging a slow rollout of CNG infrastructure, PCNGI Programme Director and CEO, Michael Oluwagbemi, described […]

Agribusiness

FG, Nestlé launch initiative to boost milk production

The Federal Government, in collaboration with Nestlé Nigeria, has launched a new initiative to equip Nigerian farmers with technical skills to increase milk production and enhance their livelihoods. The partnership was announced on Monday during the signing of a memorandum between Nestlé Nigeria and the Ministry of Livestock Development, marking World Milk Day 2025. The […]

Business

Shell loads first crude cargo from new $400m Otakikpo terminal

Shell has loaded the first crude oil cargo from Nigeria’s new Otakikpo onshore terminal, marking the start of exports from the $400 million facility developed by marginal field operator Green Energy International, according to an Argus report on Monday. Located in the OML 11 block southeast of Port Harcourt, the terminal has a maximum export […]

Court dismisses MAN’s lawsuit against electricity tariff hike
News

FG moves to settle ₦2tn legacy power sector debt

The Presidency has initiated internal approval processes to settle the ₦2 trillion legacy debt owed to electricity generation companies by the end of the next quarter, as part of efforts to stabilise Nigeria’s power sector. This was revealed on Monday by a representative of Eriye Onagoruwa, Special Adviser to the President on Energy, during the […]

News

NESREA to launch digital platform for waste transactions 

The National Environmental Standards and Regulations Enforcement Agency has announced plans to launch a digital platform to support waste transactions in Nigeria. In a statement issued on Monday in Abuja, NESREA’s Assistant Director of Press, Mrs. Nwamaka Ejiofor, said the initiative is part of efforts to promote the circular economy in the country. The new […]

E-commerce

Temu’s daily US users drop 58% in May – Report

Temu, the global discount e-commerce platform owned by China’s PDD Holdings, saw its daily U.S. users drop by 58% in May, according to Sensor Tower. This sharp decline reflects growing challenges for the platform as tensions rise in the U.S.-China trade relationship. Temu cut its U.S. advertising budget and revised its order fulfillment strategy after […]

Disney+ announces price hike
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Disney cuts workforce globally as cable subscribers decline

Disney is laying off several hundred employees worldwide to cut costs as more consumers shift from traditional cable to streaming. The job cuts focus on marketing for film and TV, TV publicity, casting and development, and corporate finance. The company emphasized it is taking a targeted approach to limit the impact, with no entire teams […]

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