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Aviation

NAMA visits Germany to procure air-ground communication equipment

The Nigeria Airspace Management Authority is visiting the Rhode and Schwarz factory in Germany to evaluate critical air-ground communication equipment. This move is part of efforts to modernize Nigeria’s airspace infrastructure. This was disclosed in a statement by NAMA’s Director of Public Affairs, Dr. Abdullahi Musa, on Tuesday. According to the statement, the visit, led […]

AfDB President Adesina criticizes border opening for food imports
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Adesina hails Kaduna’s N74bn agriculture budget

The President of the African Development Bank, Dr. Akinwumi Adesina, has commended Kaduna State Governor, Senator Uba Sani for the impressive increase in the state’s agricultural budget from N1.4 billion to N74 billion. During a courtesy visit to the Governor at the Government House in Kaduna on Tuesday, Adesina commended Governor Sani for his dedication […]

Trump signs executive order establishing US Bitcoin reserve
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US 104% tariff on China goes live

The 104% tariff on Chinese imports is now in effect, significantly escalating trade tensions between the United States and China. This sharp increase is likely to raise costs for American consumers and businesses dependent on Chinese goods, while potentially disrupting global supply chains. Despite widespread criticism from economists and CEOs, officials in the Trump administration […]

Kia lowers 2030 EV sales target amid US policy uncertainty
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Kia lowers 2030 EV sales target amid US policy uncertainty

South Korea’s Kia Corporation announced on Wednesday that it has revised its long-term electric vehicle sales target, lowering it from 1.6 million units to 1.26 million by 2030. The adjustment comes as global automakers grapple with evolving market conditions and regulatory uncertainty, particularly in the United States. The updated target was shared in a presentation […]

Instagram cuts 60 jobs
featured News

Instagram boosts search functionality to rival TikTok

Instagram is ramping up efforts to enhance its search features, according to Head of Instagram Adam Mosseri. Speaking on a recent episode of the Build Your Tribe podcast, Mosseri admitted that the platform’s current content search capabilities are lacking and need improvement to keep up with changing user behavior—especially among Gen Z. “We’re… starting to […]

Business

Trump imposes 90% tariff on Temu, Shein packages from China

President Trump has signed an executive order that increases tariffs on low-value packages sent from China to the United States through the international postal system. Starting May 2, Trump set a tariff of 30% or $25, whichever is greater, on packages valued at less than $800. The new rate will be 90% of the shipment’s […]

News

Plateau partners NRC to revive rail services

The Plateau State Government has partnered with the Nigerian Railway Corporation to restore and operate the historic Jos–Kuru rail corridor. The memorandum of understanding was signed by Plateau’s commissioner for transportation, Jatau Davou, and NRC’s managing director, Dr. Kayode Opeifa, at the NRC headquarters in Lagos. At the event, the Plateau State commissioner expressed deep […]

News

NCC proposes 12-month grace to reclaim deactivated line airtime

Nigerian Communications Commission has proposed a 12-month grace period for subscribers to retrieve unused airtime on deactivated lines. This proposal was disclosed during a virtual stakeholder engagement forum held in Abuja on Tuesday. The Executive Vice Chairman/CEO of the NCC, Dr. Aminu Maida, represented by the Executive Commissioner for Stakeholder Management, Rimini Makama, stated that […]

Oil and Gas

How NNPCL crude suspension to Dangote affected OPEC output – Report

The decision by the Nigerian National Petroleum Company Limited to halt crude oil supplies to domestic refineries, including the Dangote Refinery, led to a drop in Nigeria’s oil production in March. A Reuters survey revealed that this reduction in deliveries contributed to a decline in OPEC’s overall oil output for the month. Nigeria’s oil supply […]

Microsoft plans for collaboration with AI agents
Tech

US lawmakers probe Microsoft, Google AI deals amid antitrust concerns

Two United States senators have asked Microsoft and Google to provide details about their cloud computing partnerships with AI companies, citing concerns these deals could hinder competition in the rapidly evolving AI industry. Senators Elizabeth Warren and Ron Wyden—the ranking Democrats on the Senate Banking and Finance Committees—sent letters requesting that Google and Microsoft provide […]

Microsoft sharepoint cyberattack hits 400 victims - Researchers
Tech

Microsoft overtakes Apple as world’s most valuable company

Apple’s 23% slide over the past four trading days has knocked it off the top spot, making Microsoft the world’s most valuable public company once again. As of Tuesday’s market close, Microsoft’s valuation stood at $2.64 trillion, edging out Apple’s $2.59 trillion. The broader market is under pressure from President Donald Trump’s sweeping tariff plan, […]

Naira closes week stronger at N1,534.72/$ 
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Naira strengthens to N1,615.00/$1 in official FX market

The naira appreciated to N1,615.00/$1 at the official foreign exchange market on Tuesday, improving from Monday’s rate of N1,629.00/$1, according to data from the Central Bank of Nigeria. The marginal gain in the naira’s value comes as the CBN intensified its interventions in the FX market, aiming to ease pressure on the local currency and […]