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Creative sector to create two million jobs by

  • 12th August 2026

SEC orders market operators to adopt NigSac alerts

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UNILAG, Lotus Bank face NDPC probe over students

  • 12th August 2026

NITDA partners Canadian tech firms on AI, digital

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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

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Rescue efforts continue after deadly blast at Eastern China plant

Search and rescue efforts continued Wednesday after a powerful explosion at a chemical plant in eastern China left six people missing, killed at least five, and injured 19. The blast, which occurred in an industrial park on Tuesday, sent shockwaves through nearby businesses and residences, shattering windows and spewing thick white smoke, according to social […]

SpaceX’s starship spirals out of control in test flight
Tech

SpaceX’s Starship explodes in third consecutive test flight failure

SpaceX’s Starship and Super Heavy booster experienced another explosion during a test flight on Tuesday, marking the third consecutive failure in its recent launch attempts. The launch vehicle—comprising the Super Heavy booster and Starship upper stage—stands approximately 400 feet tall when fully stacked, making it the tallest rocket system ever built. SpaceX has been developing […]

Getty Images launches AI art tool
Tech

Getty Images sues AI firms over using copyrighted content for profit

Getty Images is spending millions to confront what its CEO Craig Peters calls a “world of rhetoric” through its lawsuit against Stability AI. In an interview, Peters said that Stability AI—the UK-based startup behind the text-to-image model Stable Diffusion—and other AI labs are using copyright-protected material without permission to train their AI models for commercial […]

AfDB President Adesina criticizes border opening for food imports
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Nigeria’s inflation rate to peak at 24.7% in 2025 – AfDB

The African Development Bank, in its latest African Economic Outlook 2025, projects that Nigeria will experience an average inflation rate of 24.7% in 2025, before significantly declining to 17.3% in 2026. The report identifies inflation as one of the most urgent challenges facing Nigeria’s economy in the near term. On Tuesday, Nigeria approved a new […]

Cut corporate tax to 7.5%, NACCIMA urges Tinubu
Business

FG provides details on Tinubu’s $21.5b external loan request

The Federal Government has provided clarification regarding President Bola Tinubu’s request to the National Assembly for approval of a new $21.5 billion external borrowing plan, which is part of the proposed borrowing strategy for 2025-2026. In a press statement on Tuesday, the Director of Information and Public Relations at the Federal Ministry of Finance, Mohammed Manga, […]

WhatsApp launches app for iPad after 16 years
News

WhatsApp launches app for iPad after 16 years

After years of anticipation, Meta has finally released an official WhatsApp app for the Apple iPad, marking a major step forward for users of the world’s most popular messaging platform. The app is now available for download via the App Store. Launched in 2009, WhatsApp astonishingly predates the iPad, which Apple introduced in 2010. For over […]

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NFIU probes N48bn suspicious funds moved to Dubai, Hong Kong

The Nigerian Financial Intelligence Unit has raised the alarm over a sharp increase in suspicious financial transactions flowing from Nigeria to Dubai and Hong Kong, which it now identifies as emerging hotspots for illicit financial activities. In a report released in May 2025 and obtained by our correspondent on Tuesday, the NFIU disclosed that it […]

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NELFUND disburses N57bn in loans to 298,124 students

The Nigerian Education Loan Fund has disbursed approximately N56.85 billion in loans to support tuition fees and provide upkeep allowances for 298,124 students across 198 tertiary institutions nationwide within one year. Launched on May 24, 2024, by President Bola Tinubu’s administration, NELFUND aims to empower Nigerian students by removing financial barriers to higher education. In […]

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Africa urged to improve project management after $555m USAID cut

The Managing Director for Sub-Saharan Africa at the Project Management Institute, George Asamani, has urged African governments, including Nigeria, to strengthen project execution in response to a $555 million cut in U.S. contributions to the African Development Fund. He noted that the funding cut—part of a wider decline in global aid—poses a serious threat to […]

Salesforce acquires Informatica in $8bn deal
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Salesforce acquires Informatica in $8bn deal

Salesforce has announced its acquisition of cloud data management firm Informatica in an $8 billion equity deal, marking a significant step in the tech giant’s effort to strengthen its artificial intelligence and data infrastructure capabilities. The agreement, unveiled Tuesday, will see Salesforce pay $25 in cash per share for Informatica’s Class A and Class B-1 […]

US senators demand Meta probe over chatbot child safety concerns
News

Meta splits AI division to accelerate product development

Meta is reorganizing its artificial intelligence operations, dividing its AI division into two separate teams in an effort to speed up product development. Under the new structure, which does not involve any job cuts, Meta’s AI staff will be assigned to one of two groups: an AI Products team focused on consumer applications, and an […]

OpenAI employees consider selling $6bn stock
News

OpenAI explores ‘Sign In with ChatGPT’ feature for third party apps

OpenAI is testing a new feature that could allow users to sign into third-party applications using their ChatGPT credentials, according to a company web page published Tuesday. The move suggests OpenAI is positioning itself to compete more directly with tech giants like Apple, Google, and Microsoft in the consumer identity and services space. The company […]

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