Business

Creative sector to create two million jobs by

  • 12th August 2026

SEC orders market operators to adopt NigSac alerts

  • 12th August 2026

UNILAG, Lotus Bank face NDPC probe over students

  • 12th August 2026

NITDA partners Canadian tech firms on AI, digital

  • 12th August 2026

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Creative sector to create two million jobs by 2030

Business

SEC orders market operators to adopt NigSac alerts system

Business

UNILAG, Lotus Bank face NDPC probe over students data

Business

Cybercriminals hacking victims’ online accounts to steal intimate photos

Tech

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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 […]

Aviation

JetBlue, United Airlines partner to boost loyalty programs

United Airlines and JetBlue Airways have announced a strategic partnership called “Blue Sky,” enhancing their loyalty programs and expanding their presence at key airports. Starting in fall 2025, members of United’s MileagePlus and JetBlue’s TrueBlue programs will be able to earn and redeem miles or points on flights operated by either airline. This integration allows […]

Amazon plans stand-alone app for payments in India
Tech

Amazon faces antitrust probe in Germany over third-party pricing restrictions

Germany’s antitrust watchdog, the Federal Cartel Office, has issued a warning to Amazon Inc over its pricing practices for third-party sellers on its platform. The regulator announced on Monday that it is investigating whether Amazon’s pricing systems restrict sellers from offering lower prices on other platforms, potentially distorting competition. The President of the Cartel Office, […]

Business

BUA invests $65m in Rivers port rebuild

BUA Group has announced that it is investing over $65 million—entirely self-funded—to reconstruct Terminal B of the Rivers Port Complex, with the project expected to be completed in Q1 2026. In a statement released on Sunday, BUA addressed allegations made by former NPA Managing Director Hadiza Bala Usman, who claimed the company violated its concession […]

Europe’s largest asset manager warns against US stablecoin boom
News

Crypto firm Circle targets $7.2bn valuation

Cryptocurrency firm Circle Internet is targeting a valuation of up to $7.2 billion in its expanded initial public offering in the United States, signaling renewed investor enthusiasm in the stablecoin market. The upsized IPO, announced Monday, comes as the industry anticipates friendlier regulatory policies under President Donald Trump, who has voiced support for the crypto […]

Meta plans full AI-driven Ad creation by 2026 - Report
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Meta plans full AI-driven Ad creation by 2026 – Report

Meta Platforms is aiming to give advertisers the ability to fully generate and target ads using artificial intelligence by the end of next year. The owner of Facebook and Instagram—platforms with a combined 3.43 billion unique active users globally—is increasingly leaning on AI to automate and personalize advertising, The Wall Street Journal reported. current AI […]

Africa to receive bulk of Bill Gates $200bn funds
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Africa to beceive bulk of Bill Gates $200bn funds

Africa will be the primary beneficiary of the Bill & Melinda Gates Foundation’s final $200 billion disbursement over the next two decades, co-chair Bill Gates announced Monday at an African Union summit. Addressing leaders in Ethiopia’s capital, Gates stated: “The majority of that funding will be spent on helping you address challenges here in Africa,” […]

N130bn Sukuk listed on NGX, FMDQ - DMO
Business

FG savings bonds open for June with 17.121% interest rates

The Debt Management Office has opened subscriptions for the June 2025 Federal Government of Nigeria Savings Bonds, offering interest rates of up to 17.121% per annum The subscription window opened on Monday, June 2, 2025, and will close on Friday, June 6, 2025. This was disclosed by DMO via X (formerly Twitter) on Monday stating, […]

Oil and Gas

Oil prices rise as OPEC+ maintains output

Oil prices surged by more than $1 per barrel on Monday after OPEC+ announced a July production increase matching the modest hikes of the previous two months. Oil prices surged more than $1 per barrel on Monday after OPEC+ announced a July production increase matching the modest hikes of the previous two months. This decision […]

Business

Ghanaian Cedi ranks best performing currency globally

The Ghanaian cedi has surged by nearly 50% against the US dollar in 2025, outperforming all other major global currencies. Starting the year around ₵15 to the dollar, the cedi now trades close to the ₵10 resistance level. This rapid appreciation has boosted investor confidence as Ghana, Africa’s top gold producer, works to recover from […]

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NSITF begins sensitisation drive to boost federal workers’ compensation 

The Nigeria Social Insurance Trust Fund has begun a nationwide sensitisation campaign targeting federal civil servants to promote the effective implementation of the Employees’ Compensation Scheme. Leading the initiative, NSITF Managing Director, Oluwaseun Faleye and his team visited the office of the Federal Head of Service to officially launch the campaign, according to the statement […]

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