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

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

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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

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Electricity

FG revives abandoned rural power projects nationwide

The Federal Government of Nigeria has deployed contractors to resume work on all previously abandoned rural electrification projects across the country, according to Abba Aliyu, Managing Director and Chief Executive of the Rural Electrification Agency. The REA, tasked with overseeing rural electrification nationwide, is driving the initiative to ensure completion of these critical infrastructure projects. […]

Business

FG partners Emirates Airline to boost tourism

The Federal Government, through the Ministry of Art, Culture, Tourism, and Creative Economy, has partnered with Emirates Airline to sign a Memorandum of Understanding aimed at boosting tourism in Nigeria. This was disclosed in a statement by the tourism ministry, adding that the agreement was formalized during the 2025 Arabian Travel Market in Dubai, on […]

News

FG begins talks to unlock N1.5tn road investments

The Federal Government has initiated high-level talks with private concessionaires prepared to invest over N1.5 trillion in Nigeria’s road infrastructure but whose projects have stalled due to unresolved administrative challenges. At a meeting on Wednesday in Abuja, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun; the Minister of Budget and Economic […]

News

Tribunal rejects settlement terms between Coca-Cola Nigeria, FCCPC

The Competition and Consumer Protection Tribunal has rejected the settlement terms and consent order between Coca-Cola Nigeria Limited and the Federal Competition and Consumer Protection Commission. This decision comes after the FCCPC withdrew a N186 million fine it had earlier imposed on CCNL for using deceptive trade descriptions. The ruling was delivered on April 30, […]

News

Nigeria, China in talks to strengthen economic ties

Nigeria and China have initiated high-level bilateral discussions to strengthen trade ties and explore tariff reductions, seeking to counter the impact of rising global trade barriers. The talks, held on the sidelines of the BRICS Foreign Ministers’ Meeting in Rio de Janeiro, involved Nigeria’s Foreign Minister, Yusuf Tuggar and China’s Foreign Minister Wang Yi, who […]

Bolt launches electric tricycles in Lagos, targets African expansion
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Bolt launches electric tricycles in Lagos, targets African expansion

Ride-hailing company Bolt has launched its first fleet of electric tricycles in Lagos, marking a major step in its plans to scale electric vehicle adoption across West Africa. Beginning in May, 25 electric tricycles—developed in partnership with Lagos-based mobility firm SGX Mobility—will be deployed across the city. The rollout expands on Bolt’s existing tricycle operations […]

News

CBN raises N804.85b in OMO auction amid strong investors demand

The Central Bank of Nigeria successfully raised N804.85 billion through its Open Market Operations auction on April 29, 2025, amid high investor demand driven by excess liquidity and elevated inflation expectations. The auction saw N1.057 trillion in total subscriptions—an oversubscription of 111%—though slightly lower than the April 25 auction, where N1.008 trillion was raised from […]

ChatGPT exposed minors to sexual content, OpenAI confirms
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ChatGPT exposed minors to sexual content, OpenAI confirms

A bug in OpenAI’s flagship chatbot, ChatGPT, allowed users registered as minors to receive sexually explicit content, in direct violation of the company’s own safety policies. The vulnerability was discovered during testing by TechCrunch and later confirmed by OpenAI. ChatGPT not only generated graphic erotica for accounts with listed ages between 13 and 17 but, […]

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Uganda welcomes Starlink expansion plans – Museveni

Ugandan President Yoweri Museveni announced on Tuesday that he held a “productive meeting” with representatives of Starlink, the satellite internet service owned by tech billionaire Elon Musk, as the company eyes entry into the East African nation. Starlink, a unit of Musk’s aerospace firm SpaceX, has been aggressively expanding its footprint across Africa, with services […]

Meta launches AI voice translation on Facebook, Instagram
News

Meta unveils Llama API to attract developers, compete in AI race

Meta launched a new application programming interface on Tuesday for its Llama artificial intelligence models. The company aims to make it easier for businesses and developers to integrate its technology and compete with offerings from AI heavyweights like OpenAI, Google, and China’s DeepSeek. The announcement was made at Meta’s inaugural AI developer conference, where Chief […]

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