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

  • 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

Blog

Tech

Apple faces investors scrutiny amid AI delays, tariff worries

Apple Inc. is bracing for tough questions from investors during its quarterly earnings call on Thursday, with analysts spotlighting delays in rolling out key artificial intelligence features and the potential fallout from escalating U.S.-China tariff tensions. Despite a surge in demand for the newly launched, budget-friendly iPhone 16e in the January-March quarter, driven by fears […]

News

Spain gradually recovers after massive blackout disrupts services

Spain and Portugal began restoring normalcy on Tuesday following a massive blackout that paralyzed the Iberian Peninsula on Monday, marking one of Europe’s most severe power outages in recent years. While electricity supply has largely resumed, the cause of the disruption remains under investigation, raising concerns about the region’s energy infrastructure resilience. Spain’s grid operator, […]

Business

FIRS orders banks to shut unauthorized tax accounts 

The Federal Inland Revenue Service has directed all Nigerian banks to immediately identify and close any tax and levy collection accounts not authorized under its TaxPro Max system, as part of sweeping reforms to streamline tax administration in the country. In a public notice issued Monday by FIRS Executive Chairman, Zacch Adedeji, and shared with […]

News

PenCom launches N1.3b recovery drive for journalists’ unpaid pension contributions

The National Pension Commission has launched a recovery effort to secure over N1.3 billion in unpaid pension contributions owed to journalists by newspaper organizations across Nigeria, according to PenCom Director-General, Ms. Omolola Oloworaran. Speaking during a visit to the Nigerian Press Council in Abuja, Oloworaran highlighted widespread non-compliance with the Pension Reform Act 2014 (PRA […]

News

No immediate ban on solar panel imports – FG

The Nigerian Federal Government has postponed its proposed ban on photovoltaic solar panel imports, opting for a gradual approach to bolster domestic manufacturing, according to the Managing Director and CEO of the Rural Electrification Agency, Abba Aliyu. In an interview, Aliyu clarified that no immediate import restrictions are under consideration, according The Punch. While Nigeria […]

Business

Nigeria’s non-oil exports rise to $1.79bn in Q1 2025 – NEPC

Alex Omenye Nigeria’s non-oil exports have risen to $1.791 billion in the first quarter of 2025, marking a 24.75 per cent increase from the $1.436 billion recorded in the same period last year, according to the Nigerian Export Promotion Council. The Executive Director of NEPC, Nonye Ayeni, disclosed this on Monday during a press briefing […]

European retailers urge EU to tackle high Visa, Mastercard fees
Crypto

Mastercard adopts digital assets with new stablecoin payment option

Mastercard has officially integrated stablecoin settlement support, allowing users and merchants to conduct transactions using stablecoins like USDC. This move marks a significant step in mainstream adoption of digital assets, enabling select Mastercard merchants to accept stablecoins as payment. Mastercard is partnering with firms, including payments processor Nuvei and stablecoin issuers Circle and Paxos, to […]

Customers oppose Discos' plan to recover prepaid meters
Electricity

IBEDC must refund customers for purchasing transformers – FCCPC

The Federal Competition and Consumer Protection Commission has directed the Ibadan Electricity Distribution Company to refund consumers for expenses incurred in purchasing transformers, poles, cables, and other electrical infrastructure. The order was announced by FCCPC Chief Executive Officer and Executive Vice-Chairman, Tunji Bello, during the FCCPC Electricity Consumer Forum held in Ota, Ogun State. Represented […]

FG deducts N256.5bn for gas projects in six months
News

FG to clear N35,000 wage award arrears for civil servants

The Federal Government of Nigeria has unveiled plans to settle outstanding N35,000 wage award arrears owed to federal civil servants, addressing long-standing financial commitments to public sector workers. In a statement released Monday by the Office of the Accountant-General of the Federation, the Director of Press and Public Relations, Bawa Mokwa, confirmed that the payments […]

featured

‘Long night ahead’ as Europe faces worst blackout in 10 years

Spanish Prime Minister Pedro Sánchez has warned of a “long night ahead” as Europe grapples with its worst blackout in over a decade, plunging businesses, public transit, and critical infrastructure into chaos. The outage, now nearing its 12th hour, remains unexplained, with no clear timeline for when power will be fully restored. Red Electrica, reported […]

Alibaba partners with Apple on AI for iPhones in China
Tech

Alibaba unveils Qwen3 AI model series amid China’s AI boom

Alibaba Group Holding has unveiled the Qwen3 series, the latest version of its flagship AI model, keeping pace with the rapid development in China’s AI sector following the rise of DeepSeek. Announced on April 29, Qwen3 reportedly matches or surpasses DeepSeek’s performance in key areas such as mathematics and coding. Alibaba also ssid that the […]

IBM to invest $150bn in US amid push for domestic manufacturing
News

IBM to invest $150bn in US amid push for domestic manufacturing

IBM announced on Monday that it will invest $150 billion in the United States over the next five years, with part of the funding earmarked for expanding facilities dedicated to quantum computer production. The move aligns with a broader trend of American technology companies backing the Trump administration’s push for increased domestic manufacturing. The announcement […]

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