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Creative sector to create two million jobs by

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Creative sector to create two million jobs by 2030

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SEC orders market operators to adopt NigSac alerts system

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Edun inaugurates new AMCON board to boost financial sector stability

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has officially inaugurated the new Board of Directors of the Asset Management Corporation of Nigeria, marking a fresh phase in the Corporation’s efforts to stabilize the financial sector, enhance asset recovery, and manage an orderly institutional wind-down. The newly appointed board, chaired by […]

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MAN accuses Banks of sabotage over unresolved FX contracts 

The Manufacturers Association of Nigeria has voiced serious concerns over what it terms the unfair treatment of its members by some commercial banks regarding unresolved foreign exchange forward obligations. In a statement released on Thursday and signed by its Director General, Segun Ajayi-Kadir, the Association urged the Central Bank of Nigeria to take immediate action […]

Telcos to receive $1bn network equipment in July — Minister
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Telcos to receive $1bn network equipment in July — Minister

Nigeria’s telecommunications industry is set for a major boost as operators have committed over $1 billion to network equipment purchases, marking the sector’s largest infrastructure investment in years. Deliveries are expected to begin in July, the Minister of Communications and Digital Economy, Dr. Bosun Tijani, announced on Thursday. Speaking during an interview on TVC, Dr. […]

Canal+ edges closer to MultiChoice takeover as regulators back R55bn deal
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Canal+ edges closer to MultiChoice takeover as regulators back R55bn deal

French media giant Canal+ has moved a step closer to acquiring South African pay-TV heavyweight MultiChoice after South Africa’s Competition Commission recommended approval of the R55 billion (approximately $2.9 billion) merger, albeit with a series of stringent conditions aimed at protecting the public interest. In a statement released this week, the Commission said it would […]

Abia to launch electric transport system July — Otti
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Abia to launch electric transport system July — Otti

Abia State Governor Alex Otti has announced that the state’s new transport system will commence operations before the end of July. Speaking at the Promise Kept Carnival, an event jointly organized by the Aba Business Community and the Landlords Association to mark the completion of the Port Harcourt Road reconstruction in Aba—Governor Otti reaffirmed his […]

How banks sent 'charming' ladies to lure my interest — Otedola
Business

Otedola credits N320b First Bank investment to Tinubu reforms

The Chairman of First Holdco Plc, Femi Otedola, has attributed his N320 billion personal investment in First Bank to President Bola Tinubu’s economic reforms and the policy credibility of the Central Bank of Nigeria under Governor Yemi Cardoso. Speaking at the 13th Annual General Meeting of First Holdco Plc, Otedola reaffirmed his dedication to transforming […]

World Fintech Day: All you need to know about the fintech industry
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Lagos ranked world’s fastest-growing tech city in 2025 

Lagos, Nigeria, has been crowned the world’s fastest-growing tech ecosystem for 2025, according to the Global Tech Ecosystem Index 2025 report released by Netherlands-based research firm Dealroom.co. The city’s vibrant tech scene, bolstered by five unicorns—Interswitch, Flutterwave, Jumia, OPay, and Moniepoint—has solidified its position as a magnet for startups and investors. The report places Lagos […]

Google to pay $30m to settle YouTube children’s privacy lawsuit
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Google to introduce ads in AI-powered search responses

Google announced Wednesday that it will begin testing advertisements within its AI-powered search feature, AI Mode, marking a significant shift in how users may interact with the future of search. The company says ads will appear “where relevant,” either below or integrated into AI-generated responses. The move comes as Google continues to expand its use […]

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US-China tensions reignite over Huawei AI chip export rules

Efforts to ease trade tensions between the United States and China have hit a setback as a new dispute over semiconductor regulations reignites friction between the two global powers. On Wednesday, China’s Ministry of Commerce issued a sharp rebuke to recent U.S. export restrictions targeting Huawei’s artificial intelligence chips, threatening legal action against those who […]

Tech giant Meta has unveiled ambitious plans to construct some of the largest artificial intelligence data centres on the planet,
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Meta launches ‘Llama for Startups’ program to drive AI models adoption

Meta is introducing a new initiative aimed at encouraging early-stage companies to build with its Llama AI models. The program, called Llama for Startups, offers eligible U.S.-based startups direct technical support and, in some cases, financial assistance. Announced this week, the program is open to firms that are incorporated in the United States, have raised […]

Business

FG bans fuel tankers from night-time operations nationwide

The Nigerian Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has introduced a new regulation prohibiting fuel tankers from operating at night, effective immediately. The announcement was made by NMDPRA Chief Executive, Farouk Ahmed, during a sensitization program for petroleum tanker drivers in Lagos on Wednesday. The event, organized in collaboration with […]

Spotify launches ‘Upcoming Releases’ hub to track new albums
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Spotify launches ‘Upcoming Releases’ hub to track new albums

Spotify is rolling out a new feature designed to help users stay ahead of upcoming music releases. The streaming giant announced Wednesday the launch of a dedicated hub, titled Upcoming Releases, which offers personalized recommendations for albums scheduled to debut soon. Available in the “Browse all” section under the Search tab on the mobile app, […]

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