Blog

Apple to allow users repair iPhones with used parts
Tech

Trump urges Apple to halt iPhone production in India

United States President Donald Trump stated that he asked Apple CEO Tim Cook to stop plans for building manufacturing plants in India. “I had a little problem with Tim Cook yesterday,” Trump said of his conversation with the Apple chief executive officer in Qatar, where he’s on a state visit. “He is building all over […]

News

Over 75% of Nigerian-bound goods diverted to Benin, says Speaker

The Speaker of the House of Representatives, Abbas Tajudeen, has expressed concern over reports that more than 75 per cent of goods destined for Nigeria are being offloaded in the Benin Republic. Abbas made this disclosure while receiving a delegation from the Presidential Enabling Business Environment Council in his office on Wednesday, as stated by […]

Perplexity makes $34.5bn bid for Google’s Chrome browser
News

Perplexity AI partners PayPal to enable payments via chat

Artificial intelligence startup Perplexity AI has announced a new partnership with payments giant PayPal, allowing users to make direct purchases within its chat interface. The integration, revealed on Wednesday, will roll out in the United States this summer. The collaboration is expected to bolster Perplexity’s push into agentic commerce— a fast-growing sector where AI not […]

Seplat reports 11% increase in production after SEPNU acquisition
Oil and Gas

Seplat Energy to reactivate 400+ idle wells to boost oil output

Seplat Energy has announced plans to reactivate over 400 idle oil wells across its assets to boost production and strengthen its presence in Nigeria’s energy sector. The Chief Operating Officer Samson Ezugworie revealed this during the company’s post-Annual General Meeting in Lagos on Wednesday. Seplat operates eight of its 11 blocks—seven onshore and four offshore—which […]

AfDB to provide $230m trade finance package for Access Bank
Banking

Development banks pledge $610m to tackle climate threats in Africa

The African Development Bank and the Islamic Development Bank have unveiled a $610 million joint initiative to strengthen climate resilience and address fragility in Africa’s most vulnerable regions, with a focus on the Sahel and Horn of Africa. The announcement, shared via AfDB’s Facebook page on Wednesday, formalizes a partnership cemented during a high-level technical […]

UK economy hits unexpected growth
Business

Reforms position Nigeria as emerging investment hub – Envoy

Nigeria’s ongoing economic reforms are positioning the country as a prime destination for foreign investment, according to the British Envoy, Richard Montgomery. Speaking at a press briefing in Abuja on Wednesday, Montgomery praised Nigeria’s reform efforts, highlighting their role in enhancing the nation’s attractiveness to global investors, particularly from the United Kingdom. Montgomery underscored three […]

Electricity

FG approves key power projects in Oyo 

The Federal Government has approved two significant energy initiatives in Oyo State, aimed at strengthening Nigeria’s national grid and tackling longstanding power supply challenges. This was disclosed in a statement released by Bolaji Tunji, media aide to the Minister of Power. The decisions, finalized during Monday’s Federal Executive Council meeting, include the revival and concessioning […]

featured

Nigeria attracted over $8b in deepwater, gas investments – Presidency 

The Federal Government has stated Nigeria has attracted more than $8 billion in investments for deepwater and gas projects within a single year, surpassing the previously reported $6.7 billion in energy sector investments for 2024. The Special Adviser to the President on Energy, Olu Verheijen, announced the achievement at the 2025 Africa CEO Forum in […]

The Economic and Financial Crimes Commission has removed Elie Bitar, a foreign national, from its wanted list following new developments in the ongoing investigation into the Crypto Bridge Exchange fraud case.
News

CBEX: EFCC removes foreign national Elie Bitar from wanted list

The Economic and Financial Crimes Commission has removed Elie Bitar, a foreign national, from its wanted list following new developments in the ongoing investigation into the Crypto Bridge Exchange fraud case. The Commission made this known in a statement released on Wednesday, noting that Bitar, linked to CBEX Solutions Ltd., was no longer considered a […]

Business

Boeing strikes record $96b deal with Qatar Airways

Boeing and GE Aerospace have reached a $96 billion agreement on Wednesday to supply Qatar Airways with up to 210 aircraft, including the 787 Dreamliner and 777X. The deal, announced during President Donald Trump’s state visit with the Emir of Qatar, marks Boeing’s largest-ever order for widebody aircraft and the 787 model, according to the […]

News

NIMC cuts extortion, corruption by 40% – DG

The Director-General/CEO of the National Identity Management Commission, Mrs. Abisoye Coker-Odusote, announced that the Commission has successfully reduced extortion and corruption in the National Identification Number enrollment process by at least 40%. Speaking at a media briefing in Abuja on Wednesday, Coker-Odusote revealed that the NIMC has enrolled 120 million Nigerians into the NIN database […]

Airtel Africa begins $100m share buy-back
Tech

Airtel Africa begins second round of $100m share buy-back program

Airtel Africa Plc has officially started the second tranche of its $100 million share buy-back program. This follows the completion of the first tranche announced on 23rd December 2024. This was disclosed in a statement signed by the Company Secretary, Simon O’Hara, and published on the Nigerian Exchange website on Wednesday. Airtel Africa’s second tranche […]