Business

AMCON recovers N165bn from bank debtors in H1

  • 27th July 2026

Over 90% of informal workers abandon personal pension

  • 27th July 2026

Oando plans power generation from abandoned oil wells

  • 27th July 2026

Senate replaces outdated insurance law with new regulatory

  • 27th July 2026

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Nvidia, Microsoft, SpaceX launch AI safety initiative

Tech

Snapchat introduces real-time music sharing feature for users

Tech

UK snubs Nigeria, waives proof-of-funds demand for Tunisia, others

Business

Hugging face CEO demands OpenAI release records of AI

Tech

Blog

featured News

Labour drags FG to ILO over ‘violations of rights’

The Organised Labour has dragged the Federal Government before the International Labour Organisation accusing authorities at both federal and state levels of systematic violations of workers’ rights, trade union freedoms and collective bargaining agreements in breach of international labour conventions. Vanguard reported that addressing the Committee on the Application of Standards, CAS, at the opening […]

Opinion

HURIWA warns of economic cruelty as cooking gas hits N2,000/kg

The Human Rights Writers Association of Nigeria has condemned the sharp rise in the price of Liquefied Petroleum Gas, popularly known as cooking gas, describing the development as “economic cruelty” and warning that unchecked profiteering is undermining citizens’ constitutional right to life. The group expressed concern over reports that cooking gas now sells for as […]

Helth

NDDC donates medical equipment to Rivers health centre

The Niger Delta Development Commission has donated medical equipment to the Model Primary Health Care Centre in Orogbum Community, Port Harcourt Local Government Area of Rivers State. The Commission said the donation is part of its efforts to strengthen healthcare infrastructure and improve access to quality healthcare services across the Niger Delta region. The PUNCH […]

featured Policy and Regulations

Court voids National Assembly’s ₦110bn vehicles, allowances spending

The Federal High Court sitting in Lagos has declared unlawful the National Assembly’s controversial N110 billion vehicle procurement and allowance schemes, ruling that the expenditure of N40 billion on 465 vehicles for lawmakers and N70 billion in support allowances for newly elected members breached procurement laws, constitutional obligations and the public trust. The court also […]

Tech

Google to pay SpaceX $920m monthly for AI computing capacity

SpaceX has secured another major compute agreement ahead of its highly anticipated IPO, this time with Google, according to a regulatory filing released on Friday. Under the arrangement, Google will pay SpaceX $920 million per month from October 2026 through June 2029 in exchange for access to approximately 110,000 NVIDIA GPUs, CPUs, memory systems, and […]

Tech

OpenAI launches Lockdown Mode to shield ChatGPT from prompt attacks

OpenAI has introduced a new security feature designed to provide additional protection against prompt injection attacks, a technique in which malicious instructions are hidden within webpages or other content sources accessed by chatbots. Known as Lockdown Mode, the feature disables several capabilities, including live web browsing, access to and display of web-based images, deep research […]

Business

MTN launches initiative to address subscribers’ complaints over data

Telecommunications giant MTN Nigeria has launched a public engagement initiative aimed at addressing recurring concerns from subscribers over data consumption and billing practices. Speaking at a forum tagged “Data on Trial” held in Lagos on Saturday, the company’s Chief Corporate Services and Sustainability Officer, Tobe Okigbo, said the exercise was designed to provide transparency and […]

featured Life Style

Musk nears trillionaire status through SpaceX IPO

Tech billionaire and Tesla Chief Executive Officer, Elon Musk, is on the verge of becoming the world’s first trillionaire, with his fortune projected to exceed an unprecedented $1 trillion if SpaceX proceeds with its expected initial public offering next week. Musk currently holds an estimated $273 billion in Tesla stock and options. However, the planned […]

Oil and Gas

Nigeria misses oil tax revenue target by ₦17.4tn

Nigeria’s petroleum profit and gas tax revenue recorded a shortfall of N17.4 trillion against its target for the first three quarters, underscoring the growing impact of lower crude oil production and declining international oil prices on government earnings. The figures are contained in data released by the Budget Office of the Federation. According to the […]

Investment

Bitcoin, US stocks, gold hit by global selloff

A broad-based global market selloff has rattled financial markets, with Nigerian equities, United States stocks, Bitcoin, and precious metals all coming under pressure following what analysts describe as a major macroeconomic shock affecting investor sentiment worldwide. Nairametrics reported that the Nigerian stock market entered bearish territory at the beginning of June, shedding approximately N5 trillion […]

Helth

WHO unveils $518m plan to contain Ebola outbreak

The World Health Organization has launched a $518 million six-month emergency response plan aimed at containing the ongoing Ebola outbreaks in the Democratic Republic of Congo and Uganda. According to a Reuters report published on Friday, the initiative was announced by WHO Director-General Tedros Adhanom Ghebreyesus alongside the Africa Centres for Disease Control and Prevention. […]

Finance

Nigerian stocks rebound, gain ₦235bn after four-day slide

The Nigerian equities market staged a recovery on Friday, June 6, 2026, ending a four-session losing streak as increased buying interest in insurance and banking stocks pushed the Nigerian Exchange All-Share Index higher by 0.15 per cent to close at 242,593.31 points. The positive performance added N234.73 billion to investors’ wealth. Nairametrics reported that trading […]

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