Business

SEC clears Blockchain, others for regulatory incubation

  • 18th August 2026

FG to connect all riverine communities to telecom

  • 18th August 2026

FG eyes 6,000MW power generation, wheeling capacity before

  • 18th August 2026

Crude oil prices rise as Iran rules out

  • 17th August 2026

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SEC clears Blockchain, others for regulatory incubation

Business

FG to connect all riverine communities to telecom network

Business

FG eyes 6,000MW power generation, wheeling capacity before December

Business

Otedola acquires 147.74m First HoldCo shares for N20.7bn

Banking

Blog

EU rules out fee for tech giants under digital markets act
News

EU commits €46m to boost social protection in Nigeria

The European Union has committed €46 million to support Nigeria’s social protection system through the “Sustainable Social Protection System in Nigeria” program. Launched at the United Nations House in Abuja, this three-year initiative aims to strengthen social safety nets, initially focusing on four states: Abia, Benue, Oyo, and Sokoto. According to a statement by the […]

Nigeria expecting $2.2bn loans from World Bank - Minister
Energy

FG calls for increased private sector investment in energy

The Federal Government has called for increased private investment in the energy sector to drive universal access at the Sustainable Energy for All Global Forum in Barbados. This was disclosed in a statement on the government’s official X (formerly Twitter) handle following an event themed “ SEforALL Forum” on Friday. The Finance Minister and Coordinating Minister […]

E-commerce

USPS partners Musk’s DOGE team to tackle financial woes

United States Postmaster General, Louis DeJoy, informed Congress that he signed an agreement with Elon Musk’s DOGE government reform team to help the financially struggling agency address significant challenges. USPS, an independent government agency with 635,000 employees, reported a $9.5 billion loss last year. In a letter to Congress, DeJoy stated that USPS plans to […]

12 hospitalized after American Airlines plane catches fire
Aviation

12 hospitalized after American Airlines plane catches fire

Twelve people were hospitalized with minor injuries after an American Airlines flight caught fire while taxiing at Denver International Airport on Wednesday, shortly after an emergency landing prompted by reports of “engine vibrations,” airline officials said. Dramatic footage shared on social media showed passengers standing on the wings of the Boeing 737-800 as flames engulfed […]

JPMorgan boosts software development speed by 20% with in-house AI
News

JPMorgan boosts software development speed by 20% with in-house AI

JPMorgan Chase has increased its software engineers’ productivity by 10% to 20% using an internally developed AI-powered coding assistant, the bank’s global chief information officer, Lori Beer, said on Thursday. The efficiency gains create “a great opportunity” for the bank to reallocate engineers to other strategic projects, Beer told Reuters ahead of DevUp — an […]

DeepSeek focuses on research over profits amid US tensions
News

DeepSeek focuses on research over profits amid US tensions

Chinese AI chatbot DeepSeek is choosing to focus on research rather than chasing rapid revenue growth, despite a recent surge in sales, the Financial Times reported on Thursday. Unlike its Silicon Valley counterparts, DeepSeek’s billionaire founder has opted not to capitalize on the sudden jump in demand. Last month, the company’s revenues reportedly covered its […]

Trump opens TikTok account amid pending ban deadline
News

TikTok users in Albania lose access as government ban takes effect

TikTok users in Albania reported difficulties accessing the popular video app on Thursday, as a one-year government ban officially came into force, driven by concerns that social media is contributing to youth violence both in and out of schools. The ban places Albania among more than 20 countries that have either fully or partially restricted […]

Apple hits 3bn global iPhones sales
News

UK, US officials hold talks over Apple encryption concerns

British officials have held private discussions with their U.S. counterparts to address concerns that the UK is pressuring Apple Inc. to create a “backdoor” into Americans’ encrypted data, Bloomberg News reported on Thursday. The talks follow Apple’s recent decision to remove its most advanced cloud encryption feature — known as Advanced Data Protection — from […]

Apple plans AirPods update to enable live language translation
News

Apple plans AirPods update to enable live language translation

Apple Inc. is preparing to introduce a new feature for its AirPods that will allow real-time translation of conversations, Bloomberg News reported on Thursday The live-translation feature is expected to roll out as part of an AirPods software update later this year, aligning with the release of iOS 19 — Apple’s upcoming mobile operating system […]

Dangote Refinery loses N32.5bn after petrol price cut
Energy

Dangote refinery cuts petrol price to N815/litre, toughens market competition

Dangote Petroleum Refinery reduced its petrol loading price from N825 to N815 per litre on Thursday, intensifying competition in the downstream oil sector. The price cut attracted oil marketers, who began bypassing private depot owners to source directly from the refinery. This N10 reduction is expected to trigger a competitive response from private fuel depots, […]

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