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  • 16th August 2026

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

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Apple unveils new commission rates for external app payments

Tech

BOI to channel 80% large enterprise loans towards priority

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NCAA to make RFID baggage tracking mandatory at airports

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RMAFC completes review of Nigeria’s revenue allocation formula

Finance

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Electricity featured

Nigeria slashes electricity export to Niger Republic

The Federal Government has cut electricity supply to the Junta-led Niger Republic by 42%, reducing it from 80MW to 46MW. This reduction has led to a 30 to 50% drop in the country’s power production, prompting Nigelec, the state-owned electricity company, to implement planned power outages, which could last for several days, particularly in Niamey. […]

Oil and Gas

Sahara Group, Amigo LNG ink gas purchase agreement

Sahara Group, a leading global energy and infrastructure conglomerate, has signed a landmark 20-year Liquefied Natural Gas Sales and Purchase Agreement with Amigo LNG S.A. de C.V., the Mexican subsidiary of Singapore-based LNG Alliance. Under the agreement, Sahara Group will offtake 0.6 million metric tonnes per annum of LNG from Amigo LNG’s export terminal located […]

Electricity

Minister blames past administrations for power sector woes

The Minister of Power, Adebayo Adelabu, has blamed past administrations for Nigeria’s ongoing power challenges. He stated that former Presidents and military rulers failed to adopt new approaches, yet expected different results. In a statement on Wednesday, the minister’s media aide, Bolaji Tunji, revealed that Adelabu made these comments while hosting a World Bank delegation […]

Reps proposes bill to ensure timely salary payments
News

Reps order Remita to refund N182.77bn TSA funds 

The House of Representatives has instructed Remita (SystemSpecs Ltd) to refund N182.77 billion that was withheld from the Treasury Single Account since 2015. This follows a forensic audit revealing discrepancies, and the directive was issued after the Public Accounts Committee reviewed a report from consulting firm Seyi Katola & Company. In 2024, the House had […]

OpenAI unveils advanced AI agents to tackle complex ChatGPT tasks
Tech

OpenAI in talks to acquire Windsurf for $3b

OpenAI is reportedly in advanced discussions to acquire Windsurf, an AI-powered coding assistant formerly known as Codeium, for approximately $3 billion. Bloomberg was the first to report the potential deal, citing a source familiar with the discussion. OpenAI is accelerating its efforts to maintain a lead in the competitive generative AI space, where rivals like […]

Trump considers sanctions against China’s DeepSeek
News

Trump considers sanctions against China’s DeepSeek

The Trump administration is weighing new penalties that could prevent Chinese tech company DeepSeek from acquiring American technology and may bar United States citizens from using its services, according to a report by The New York Times on Wednesday. In a broader move to curb China’s access to advanced artificial intelligence tools, the administration also […]

Trump opens TikTok account amid pending ban deadline
News

TikTok unveils feature to allow users add for video context

TikTok began testing a new feature called “Footnotes” in the United States on Wednesday, offering users the ability to add contextual information to videos—a move similar to the “Community Notes” feature already implemented by X (formerly Twitter) and Meta. The feature, designed to provide additional context and relevant details about content shared on the platform, […]

Tech

Temu cuts back US Ads, falls in app store rankings

Chinese online retailer Temu, known for its “Shop like a billionaire” campaign during last year’s Super Bowl, has significantly reduced its online ad spending in the U.S. and seen its ranking in Apple’s App Store drop. This follows President Trump’s sweeping tariffs on trade partners, which have likely increased operational costs and created uncertainty for […]

Spotify launches custom transitions to enhance playlists
News

Spotify experiences global outage

Music streaming giant Spotify faced a major service disruption on Wednesday, affecting users across several countries, according to outage tracking website Downdetector.com. As of 9:32 a.m. ET, more than 47,000 users had reported issues with the platform. The outage reportedly began around 6:15 p.m. IST (8:45 a.m. ET), with users flagging problems ranging from the […]

News

Honda moves manufacturing plant from Japan to US

Honda Motor Co. announced on Wednesday, that it will relocate production of its U.S.-bound five-door Civic hybrid from its Yorii plant in Japan to its facility in Indiana. Production at the Yorii factory, located near Tokyo, is expected to cease by June or July 2025. A Honda spokesman stated that production of the hybrid Civic […]

PwC raises concerns on effects of FG's tax on bank profits
News

PwC exits operations in nine Sub-Saharan African countries

PricewaterhouseCoopers has confirmed its withdrawal from nine Sub-Saharan African countries as part of a broader strategic review aimed at mitigating risk and enhancing profitability. In a statement on its website, the firm confirmed it has exited Ivory Coast, Gabon, Cameroon, Madagascar, Senegal, the Democratic Republic of Congo, the Republic of Congo, Guinea, and Equatorial Guinea. […]

Two Chinese charged for shipping US AI chips to China
Tech

Nvidia to incur $5.5b charge as US halts China chip sales

Nvidia announced on Tuesday that it will incur $5.5 billion in charges following new U.S. government restrictions on exporting its H20 AI chip to China, a crucial market for the high-demand product. Nvidia’s AI chips have been a central target of U.S. export controls, as officials aim to prevent China from accessing cutting-edge technology and […]

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