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Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

  • 15th August 2026

Nigeria’s exports to China jump 80% to $2.3bn

  • 15th August 2026

Anthropic revenue soars 1,360% ahead of planned IPO

  • 15th August 2026

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RMAFC completes review of Nigeria’s revenue allocation formula

Finance

BRICS explores merging payment systems to cut transaction costs

Finance

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

Business

AI-driven cyberattacks surge 56% – IBM

Business

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The British government has entered a strategic partnership with OpenAI, the American firm behind ChatGPT, to enhance collaboration on artificial intelligence
News

OpenAI to reduce Microsoft revenue share in restructuring plan

OpenAI has informed investors that it plans to significantly reduce the share of its revenue allocated to Microsoft as part of an ongoing restructuring, The Information reported on Tuesday. According to the report, the artificial intelligence firm behind ChatGPT will cut the percentage of revenue shared with Microsoft by at least half by the end […]

Bezos courts Trump, seeks edge over Musk in space race
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Bezos leads $72m investment in AI data firm Toloka

Jeff Bezos’ personal investment firm, Bezos Expeditions, is leading a $72 million funding round in Toloka, an artificial intelligence data solutions company aiming to expand its footprint in the U.S. and global markets, Toloka announced on Wednesday. Toloka, a subsidiary of Nasdaq-listed Nebius Group, specializes in training and evaluating AI models through a global network […]

Netflix's ad-supported subscription plan rises to 94m users
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Netflix to redesign TV App, add AI-Powered search to iOS

Netflix announced on Wednesday a major redesign of its TV app interface and the introduction of generative AI features on its iOS mobile platform, as the streaming giant looks to strengthen its position in an increasingly competitive and uncertain market. The updates aim to enhance user experience by making content discovery more intuitive. The redesigned […]

Cyber firm CrowdStrike to fire 500 employees, cut costs
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Cyber firm CrowdStrike to fire 500 employees, cut costs

Cybersecurity firm CrowdStrike announced plans on Wednesday to lay off approximately 500 employees—about 5% of its global workforce—to streamline operations and cut costs. The announcement came as the company reaffirmed its fiscal 2026 first-quarter and full-year financial forecasts. The job cuts are expected to cost CrowdStrike between $36 million and $53 million, primarily in severance […]

French AI startup Mistral triples revenue in 100 days
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French AI startup Mistral triples revenue in 100 days

One of Europe’s rising artificial intelligence startups, Mistral AI, unveiled the enterprise version of its Le Chat chatbot on Wednesday, as the company reported a threefold increase in revenue over the past 100 days, driven largely by demand outside the United States. Founded just two years ago, the Paris-based firm had earlier introduced an open-source […]

Alibaba, RedNote partner to streamline app shopping on Taobao
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Alibaba, RedNote partner to streamline app shopping on Taobao

Chinese e-commerce giant Alibaba has entered a strategic partnership with RedNote, a popular lifestyle and content-sharing platform also known locally as Xiaohongshu, to enable seamless app-to-app shopping for users. The collaboration will allow RedNote users to directly click product links and shop on Alibaba’s flagship e-commerce platform, Taobao. The integration formalises a new in-app shopping […]

Disney, Warner Bros to launch joint streaming bundle
Business

Disney beats Q2 expectations with strong Disney+ subscriber growth

The Walt Disney Company reported robust fiscal second-quarter earnings on Wednesday, surpassing Wall Street forecasts on both revenue and earnings, driven by unexpected subscriber growth in its Disney+ streaming service. The entertainment giant also raised its full-year guidance, sending shares up approximately 6% in premarket trading. Disney posted adjusted earnings per share of $1.45, beating […]

Trump signs executive order establishing US Bitcoin reserve
Business

Investors flee to Europe, Japan amid trade war – Report 

Global markets are reeling from heightened volatility sparked by U.S. President Donald Trump’s aggressive trade policies, including new tariffs, paused duties, and unprecedented escalations on Chinese goods. The uncertainty has triggered significant capital shifts, with investors pulling funds from U.S. equities and redirecting them to European and Japanese markets, as well as riskier assets like […]

FG opens applications for Girls in ICT competition
Business

FG launches Virtual Privacy Academy to boost Nigeria’s data protection

The Federal Government has introduced the Nigeria Virtual Privacy Academy, a digital training platform designed to improve data protection and privacy practices in both the public and private sectors. The initiative was launched by the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, at the 8th annual conference of the Network of African […]

Air cargo demand rises by 18.4% January - IATA
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ECOWAS laments expensive airfares in West Africa

The Economic Community of West African States has raised alarm over the soaring cost of air travel within the region, describing it as the most expensive in the world and a major hindrance to regional integration. Speaking at the opening of a delocalised meeting of the ECOWAS Parliament’s Joint Committee in Lomé on Tuesday, ECOWAS […]

Oil and Gas

Renaissance confirms oil leak, suspends operation on Rivers pipeline

Renaissance Africa Energy Company Limited announced on Tuesday that it has suspended crude oil shipments through its Okordia–Rumuekpe pipeline in Rivers State following an oil spill. The incident occurred early Monday in the Ikata community, located in Ahoada East Local Government Area. The pipeline, which transports crude southward to the Rumuekpe manifold for export via […]

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