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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

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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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Revolut reports $1bn profit in 2024
News

Revolut reports $1bn profit in 2024

Digital banking giant Revolut has posted a record net profit of $1 billion (£790 million) for 2024, more than doubling its earnings from the previous year, according to its newly released annual report. Revenues surged 72% to $4 billion (£3.1 billion), while its global customer base jumped 38% to 52.5 million users. “2024 was a […]

News

IMF urges Nigeria to broaden tax revenue base

The International Monetary Fund has urged the Nigerian government to expand its tax revenue base and tackle tax evasion as part of necessary fiscal reforms to boost the country’s economic resilience. In a statement at the 2025 IMF Spring Meeting in Washington, D.C., IMF Managing Director Kristalina Georgieva stressed the importance for Nigeria and other […]

MTN winds down BEE scheme, pay out modest returns to investors
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MTN confirms cyberattack, says core systems remain unaffected

Africa’s largest telecom operator, MTN Group has disclosed a cybersecurity breach that exposed personal data belonging to some customers in select markets. However, the company assured the public that its core infrastructure remains secure. In a statement released on Thursday, MTN said an unknown third party had gained limited access to parts of its systems. […]

News

No more dumping, FG bans waiver for threaded pipes importation

The Federal Government has officially prohibited the issuance of waivers for importing threaded pipes used in Nigeria’s oil and gas industry. This move is aimed at boosting local production and strengthening Nigeria’s local content policy. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, issued the directive to the Nigerian Content Development and Monitoring […]

Apple to allow users repair iPhones with used parts
Tech

Apple plans to produce most iPhones in India by 2026

Apple plans to move the assembly of iPhones sold in the United States to India starting next year, according to sources cited by the Financial Times. This decision comes in response to escalating US-China trade tensions and aims to diversify Apple’s supply chain. The plan aims to fully transition the production of more than 60 […]

OpenAI employees consider selling $6bn stock
News

OpenAI unveils lightweight tool for ChatGPT users

OpenAI has launched a new “lightweight” version of its deep research tool within ChatGPT, making advanced research capabilities more accessible across its user base. The update, announced Thursday, is now available to ChatGPT Plus, Team, and Pro users, with free-tier users also gaining access starting today. Powered by a scaled-down version of OpenAI’s o4-mini model, […]

Meta expands Threads ads globally amid rising competition with X
News

Meta expands Threads ads globally amid rising competition with X

Meta has announced a global expansion of ads on its Instagram-linked app, Threads, just months after beginning tests in markets like the United States and Japan. The move opens up Threads’ 320 million monthly active users to eligible advertisers worldwide. New ad placements within the Threads feed will be enabled by default for campaigns using […]

Pope Francis’ funeral to be livestreamed worldwide on YouTube
News

Pope Francis’ funeral to be livestreamed worldwide on YouTube

The funeral of Pope Francis, who passed away earlier this week at the age of 88 following a stroke and cardiac arrest, will be livestreamed globally on YouTube this Saturday. Coverage will begin at 10 a.m. Central European Time (4 a.m. Eastern Time) on the official Vatican News YouTube channel. The broadcast will be available […]

Business

China considers exempting certain goods from US tariffs

China is reportedly considering suspending its 125% tariff on certain U.S. imports, according to a Bloomberg report. This move is driven by concerns about the negative impact the prolonged trade war is having on vital Chinese industries. The proposed tariff reductions would target critical sectors, including medical equipment and industrial chemicals like ethane, used in […]

News

Nigerian Navy intensifies action on crude oil theft, arrests six

The Nigerian Navy, through its Operation Delta Sanity, has ramped up efforts in the Niger Delta region to tackle crude oil theft. The leadership of the Navy stated on Thursday that troops, working with naval units in Bayelsa, Delta, and Imo states, are intensifying operations to curb illegal activities, especially focusing on oil theft, which […]

Business

BUA Cement’s pre-tax profit jumps 368.58% to N99.741b in Q1 2025

BUA Cement Plc has reported impressive financial results for Q1 2025, with pre-tax profit soaring by 368.58% year-on-year to N99.741 billion. Similarly, profit after tax surged by 351.45% to N81.124 billion. Notably, both pre-tax and post-tax profits have already exceeded the total profits for the full year of 2024. The 368.58% surge in pre-tax profit […]

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