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

EU rules out fee for tech giants under digital markets act
Business

EU moves to speed up trade negotiations with US

The European Union has agreed to fast-track trade talks with the United States in an effort to avert a transatlantic trade war. The decision comes just days after President Donald Trump accused the EU of taking advantage of the U.S. and dragging its feet in negotiations. “There’s now a new impetus for the negotiations,” Paula […]

OPEC+ weighs 2027 production baselines, potential hike
Oil and Gas

OPEC+ moves crucial July output decision to May 31

OPEC+ has rescheduled a critical video-conference to determine July oil production levels for eight key members, moving it forward by one day to May 31, according to delegates. The decision follows preliminary discussions last week, where the sub-group, led by Saudi Arabia and Russia, explored a third consecutive monthly output increase of approximately 411,000 barrels […]

AfDB President Adesina criticizes border opening for food imports
Banking

AfDB’s capital surges 241.9% in a decade

The African Development Bank has recorded a remarkable 241.9% increase in its capital base over the past decade, rising from $93 billion in 2015 to $318 billion in 2025. This marks the largest financial expansion in the Bank’s history, positioning it for a major leadership transition this week. Speaking at a breakfast meeting with pressmen […]

FCTA shuts FIRS, Access Bank Abuja offices over rent debt
Business

FIRS knocks FCTA, denies owing ground rent

The Federal Inland Revenue Service has criticized the Federal Capital Territory Administration for sealing off one of its offices in Abuja, adding that the agency had no outstanding rent payments to the FCTA. The agency condemned the action as “deliberate misconduct” and “highly unprofessional.” In a statement posted on X (formerly Twitter), the Technical Assistant […]

Kenya eyes Safaricom stake sale to raise $1.1bn amid debt
News

Kenya eyes Safaricom stake sale to raise $1.1bn amid debt

Kenya is preparing to sell part of its 34.9% stake in Safaricom as it seeks to raise $1.1 billion (KES 149 billion) through privatisation, aiming to shore up public finances without introducing new taxes in a struggling economy. The planned divestiture is expected before the end of the 2025/26 fiscal year and would be the […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
Business

Dangote industries ranked top African brand in Addis Ababa

Dangote Industries Limited, the Nigeria-based conglomerate founded by industrialist Aliko Dangote, has been named the “Most Admired African Brand” at the 15th annual Brand Africa 100 awards held at Africa Hall in Addis Ababa over the weekend. The accolade, determined by a consumer-led survey spanning over 30 African countries, underscores the company’s dominance in brand […]

News

Over $1tn crude stolen, real thieves remain unconvicted – Monarch

The Ibenanaowei of Ekpetiama Kingdom in Bayelsa State, King Bubaraye Dakolo, has criticized the Federal Government for failing to prosecute and imprison the true culprits behind oil theft in the Niger Delta, despite the loss of trillions of naira worth of crude oil from the region. The monarch stated that the Federal Government’s failure to […]

FCTA shuts FIRS, Access Bank Abuja offices over rent debt
featured News

FCTA shuts FIRS, Access Bank Abuja offices over rent debt

The Federal Capital Territory Administration on Monday sealed off a prominent office of the Federal Inland Revenue Service in Abuja over allegations of unpaid ground rent. The action, which has drawn widespread public attention, was carried out by FCTA officials as part of an ongoing enforcement campaign targeting defaulters of statutory land charges within the […]

OpenAI unveils advanced AI agents to tackle complex ChatGPT tasks
Tech

OpenAI to open office in South Korea

OpenAI, the U.S.-based artificial intelligence pioneer behind ChatGPT, announced plans to establish a new office in Seoul, South Korea, marking its third Asian hub after Japan and Singapore. The move, set for the coming months, responds to soaring regional demand for its AI services, the San Francisco-based company said in a statement Monday. South Korea […]

Volkswagen resumes production after IT outage
Technology

Four Ex-VW managers convicted in Germany diesel scandal

A German court delivered a landmark verdict on Monday, convicting four former Volkswagen executives on fraud charges related to the “Dieselgate” emissions scandal, bringing a nearly four-year trial to a close. The ruling marks a significant chapter in the global controversy that rocked the automotive industry and cost Volkswagen over €30 billion ($34 billion) in […]

Agribusiness

Rice farmers lament as imports devastate local industry

Rice farmers have sounded the alarm over the decline of Nigeria’s rice industry, blaming the closure of local mills and widespread job losses on cheap imports, insecurity, and inadequate government support. The Chairman of the Competitive African Rice Forum Nigeria, Peter Dama, expressed deep concern about the shutdown of processing facilities and the severe impact […]

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