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

Blog

Tinubu orders NNPC to sell Crude to Dangote in Naira
Business

Tinubu unveils credit guarantee company with ₦100b, names board

President Bola Ahmed Tinubu has officially established the National Credit Guarantee Company Limited, a pivotal initiative aimed at enhancing access to credit for individuals and businesses across Nigeria. This development was confirmed in a statement released by the Presidency on Thursday. As part of the launch of the National Credit Guarantee Company Limited (NCGC), President […]

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Mauritania’s Tah to replace Nigeria’s Adesina as AfDB president

Mauritania’s Sidi Ould Tah has been elected as the ninth president of the African Development Bank Group. His election was officially announced on Thursday via the AfDB’s website. The announcement was made by Niale Kaba, Côte d’Ivoire’s Minister of Planning and Development and Chairman of the AfDB’s Board of Governors. Tah secured the presidency with […]

Oil and Gas

TotalEnergies sells Bonga oil field stake to Shell

TotalEnergies has announced that its Nigerian subsidiary, TotalEnergies EP Nigeria, has signed an agreement with Shell Nigeria Exploration and Production Company Ltd (SNEPCo) for the sale of its non-operated 12.5% interest in the OML 118 Production Sharing Contract. In a statement released on Thursday, the company disclosed that the transaction is valued at $510 million. […]

Trump signs executive order establishing US Bitcoin reserve
News

US to intensify visa revocations for Chinese students

The United States will intensify efforts to revoke visas of Chinese students, particularly those with ties to the Chinese Communist Party or enrolled in critical academic fields, Secretary of State Marco Rubio announced Wednesday. The policy shift marks a significant escalation in the Trump administration’s ongoing campaign targeting U.S. universities and international students. Rubio stated […]

Toyota’s global production declines for 10th consecutive month
Business

Toyota breaks sales records again amid US tariffs fear 

Toyota Motor Corp. reported record-breaking global sales for the second consecutive month, driven by robust demand in the United States and Japan, as buyers rushed to purchase vehicles ahead of U.S. President Donald Trump’s import tariffs. The automaker’s global sales, including subsidiaries Daihatsu Motor and Hino Motors, surged 12% year-over-year to 936,718 units in April, […]

DeepSeek focuses on research over profits amid US tensions
Tech

Chinese DeepSeek rolls out improved R1 AI reasoning model 

DeepSeek, the Chinese AI startup that rattled global markets earlier this year, has discreetly rolled out an upgraded version of its R1 reasoning model, according to a listing on the AI model repository Hugging Face. The company, which made waves with its cost-efficient, open-source R1 model that outshone offerings from Meta and OpenAI, continues to […]

Electricity

NERC releases guidelines for third-party electricity bill collections

The Nigerian Electricity Regulatory Commission has introduced new guidelines to ensure a digitised, transparent, and accountable system for electricity revenue collection. Released on Wednesday and signed by NERC Chairman Sanusi Garba, the directive is titled “Guidelines on Registration and Engagement of Third-Party Collection Service Providers.” The new regulatory directive, effective immediately, is based on the […]

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S’Africa now Africa’s top fuel importer – Report

Nigeria is no longer Africa’s top importer of refined petroleum products, following increased output from the Dangote Petrochemical Refinery, a new report reveals. According to fresh data from energy consultancy CITAC, South Africa has now taken the lead as the continent’s largest fuel importer—marking a significant transformation in Africa’s downstream oil market. The Dangote Refinery, […]

Business

NSITF partners NIMC to integrate workers’ data 

The Nigeria Social Insurance Trust Fund has partnered with the National Identity Management Commission to merge the data of Employees’ Compensation Scheme enrollees with the national identity database. This collaboration is designed to improve the efficiency, security, and transparency of employee claim processing under the scheme. Managing Director of NSITF, Mr. Oluwaseun Faleye, announced this […]

Business

FG plans 7,000 digital hospitals for rural areas – Minister

The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, announced that the Federal Government plans to establish 7,000 digital hospitals in rural communities. He made this disclosure on Wednesday in Abuja while unveiling a digital hospital and school in the Ibwa 2 community, located in Gwagwalada, Federal Capital Territory. The Minister stated that […]

9mobile secures NCC approval for roaming on MTN network
News

9mobile secures NCC approval for roaming on MTN network

After nearly five years of regulatory delays, 9mobile has finally received the green light from the Nigerian Communications Commission to roll out national roaming services on MTN Nigeria’s network, with a launch scheduled for June 2025. The long-awaited approval marks a critical turning point for the struggling telecom operator, whose market share has plummeted to […]

Travel

Bali named World’s top island destination 

Bali, Indonesia, has been crowned the world’s premier island destination, according to a comprehensive study by online travel agency Trip.com. The ranking, derived from an analysis of hundreds of millions of data points, including customer reviews, booking trends, and unique destination attributes, positions Bali as the ultimate beach getaway for global travelers. Renowned for its […]

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