Business

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

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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

Blog

News

No mismanagement in student loan, ICPC withdraws allegation

The Independent Corrupt Practices and Other Related Offences Commission has clarified that it has not found any evidence of discrepancies or fund diversion in its ongoing investigation of the Student Loan Scheme administered by NELFUND. This statement, published on the ICPC’s website, comes after an earlier announcement that it had launched a probe into alleged […]

Kuwait cracks down on crypto miners amid worsening power crisis
News

Kuwait cracks down on crypto miners amid worsening power crisis

Kuwaiti authorities have launched a sweeping crackdown on illegal cryptocurrency mining, blaming the energy-intensive activity for worsening the country’s deepening power crisis ahead of the scorching summer months. The Interior Ministry announced the start of a “wide-ranging” security operation last week targeting residential properties across the country being used for crypto mining. Officials say the […]

Economy

AfDB to commit $650m annually to accelerate Nigeria’s economic growth

The African Development Bank Group has unveiled a bold five-year Country Strategy Paper for Nigeria, pledging approximately $650 million annually from 2025 to 2030 to catalyze economic transformation and foster resilience. In a statement on Thursday, AfDB stated that it will provide $2.95 billion over the first four years of the plan, with an additional […]

WhatsApp surpasses 3bn monthly users
Uncategorized

WhatsApp surpasses 3bn monthly users

WhatsApp has officially crossed three billion monthly active users, Meta CEO Mark Zuckerberg announced during the company’s Q1 earnings call on Wednesday. The milestone places the messaging app in an elite group of platforms—alongside Facebook—that serve over three billion people worldwide. Launched in 2009 and acquired by Facebook for $19 billion in 2014, WhatsApp remains […]

CBN fines Paystack ₦250m ver alleged regulation breach
News Uncategorized

CBN fines Paystack ₦250m over alleged regulation breach

The Central Bank of Nigeria has slammed a ₦250 million fine on Paystack, one of the country’s leading fintech firms, over alleged regulatory violations tied to its newly launched consumer app, Zap by Paystack. The apex bank believes that Zap—a peer-to-peer money transfer service introduced in March—operates as a digital wallet, which is not permitted […]

WhatsApp rolls out voice note transcription feature in India
Tech

WhatsApp to unveil new smart writing, summary AI features

WhatsApp, the popular private messaging app owned by Meta, announced plans to integrate new artificial intelligence features, including AI-powered writing suggestions and message summaries, into its platform. The move comes despite growing user dissatisfaction with the company’s existing AI initiatives. The app recently added a Meta AI chatbot, accessible via a glowing blue ring button, […]

News

ICPC probes alleged N71.2b shortfall in NELFUND disbursements

The Independent Corrupt Practices and Other Related Offences Commission has initiated a thorough investigation into alleged financial irregularities in the Nigeria Education Loan Fund, focusing on a reported N71.2 billion shortfall in student loan disbursements. The ICPC announced on Thursday that it has summoned NELFUND’s Chief Executive Officer, Akintunde Sawyerr, Central Bank of Nigeria officials, […]

Grieving widow sues Tesla over defective car model
featured

Elon Musk still CEO, Tesla board denies seeking replacement

Tesla Inc. shares held steady in premarket trading Thursday after the electric vehicle giant refuted a Wall Street Journal report claiming its board was actively seeking a replacement for CEO Elon Musk. The report, which cited sources familiar with the matter, alleged that Tesla’s board had engaged multiple executive search firms to initiate a formal […]

US considers equity stakes in chipmakers under CHIPS act
Business

US seals minerals deal with Ukraine amid war with Russia

The United States and Ukraine have signed a long-anticipated minerals agreement, granting Washington preferential access to Ukraine’s natural resources in exchange for the establishment of a reconstruction investment fund. The deal, finalized after months of complex negotiations, comes more than three years into Russia’s full-scale invasion of Ukraine. U.S. Secretary of the Treasury Scott Bessent […]

Oil and Gas

Minister leads energy operators to gas conference in China

Nigeria is set to make a powerful impression at the World Gas Conference 2025, with a delegation spearheaded by Ekperikpe Ekpo, Minister of State for Petroleum Resources, the Nigerian Gas Association announced. The triennial gathering of global energy leaders will see robust participation from Nigeria’s government and energy sector. According to the NGA, Ekpo will […]

Sterling Holdings reports 102% 2024 profit, ₦43.68bn earnings
Banking

Sterling Bank offers Lagosians free rides

Sterling Bank has once again redefined corporate citizenship by launching an unexpected initiative in Lagos. Following the success of its Zero Transfer Fees campaign, the bank surprised commuters last week with free bus rides home, offering a thoughtful gesture to regular Lagosians after their long workdays, according to the statement on Tuesday. What began as […]

Electricity

Metering of Army barracks yields ₦769m revenue – DisCos

The Federal Government’s mass metering initiative for army barracks has reportedly generated over ₦769 million in revenue for the power sector between August 2024 and April 2025, according to electricity distribution companies. This follows the March 2023 launch of the program by Minister of Power, Adebayo Adelabu, at Ikeja Cantonment, Lagos. Adelabu emphasized that the […]

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