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Ekiti approves ₦3bn for new high court office

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FG borrowed ₦11.9tn in 31 months, says Oyedele

Finance

States’ 2026 budgets rise 47.5% to ₦40.14tn

Finance

Gombe approves ₦148.762m monthly subvention for state university

Finance

Ekiti approves ₦3bn for new high court office complex

Business

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Tinubu orders NNPC to sell Crude to Dangote in Naira
News

Expert warns FG against manipulating economic data

A financial expert has warned the Federal Government against distorting economic data to create a false sense of stability, arguing that inconsistent statistics could undermine the credibility of the National Bureau of Statistics. The Managing Director/CEO of Time-Line Consulting, Shuaibu Idris, raised these concerns during an appearance on Channels Television’s Business Morning on Wednesday. He […]

Amazon plans stand-alone app for payments in India
Tech

Amazon launches Alexa+ with AI upgrades

Amazon has introduced Alexa+, a new AI-powered version of its digital assistant, featuring enhanced natural language processing, personalized interactions, and improved smart home integration. Amazon’s revamped service is powered by generative AI, according to Panos Panay, the company’s senior vice president of devices and services, who announced it on stage at an event in New […]

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

Dangote cuts petrol loading price to N860/litre

Dangote Petroleum Refinery announced a N65 reduction in the ex-depot price of Premium Motor Spirit, lowering it from N890 to N825 per litre. The new price takes effect on Thursday, February 27, 2025, according to a statement from the refinery. According to Dangote, this adjustment is designed to provide essential relief to Nigerians ahead of […]

Sterling Holdings reports 102% 2024 profit, ₦43.68bn earnings
News

Sterling Bank raises salaries again amid intense talent war in banking sector

Sterling Bank has announced a significant salary increase for its over 3,000 employees, with entry-level staff—executive trainees—now earning a net monthly salary of ₦528,000, up from around ₦320,000. This represents a pay rise of more than 35% across multiple roles, following a modest 7% salary adjustment in January that left many employees dissatisfied. The move […]

Spotify expands audiobook, lure authors with with new publishing program
News

Spotify CEO urges EU to punish Apple for violating big tech rules

Spotify’s CEO, Daniel Ek, has intensified his longstanding dispute with Apple Inc., accusing the tech giant of persistently violating the European Union’s regulations designed to oversee major technology firms. Ek has slammed Apple’s efforts to comply with the Digital Markets Act, calling them a “farce.” He accused the company of following a “well-established pattern of […]

Alibaba partners with Apple on AI for iPhones in China
Tech

Alibaba releases AI video generation model for free

Alibaba has announced that its video and image-generating AI model, Wan 2.1, is now publicly available as open-source software. This move is expected to increase its adoption and intensify competition in the AI sector. Alibaba said it is open-sourcing four models from its Wan 2.1 series, the latest version of its foundational AI model capable […]

WhatsApp rolls out voice note transcription feature in India
News

WhatsApp rolls out voice note transcript feature

WhatsApp has begun rolling out its much-anticipated voice message transcription feature in India. Originally announced in November last year, the feature uses on-device processing to convert voice messages into text, allowing users to read the content of a voice note without playing the audio. The transcription feature has started appearing on WhatsApp’s Android app and […]

News

Investment, not loans, key to solving Africa’s energy crisis – Minister

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has emphasized that Africa needs strategic partnerships and investments rather than loans to tackle energy poverty and drive economic growth. This was disclosed in a statement by the minister at the 8th edition of the Nigeria International Energy Summit (NIES 2025), themed “Bridging Continents: Connecting […]

How FG can boost Nigeria's digital growth - Analyst
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Nigeria’s ICT sector contributes 17% GDP in Q4 2024 – NBS

Nigeria’s Information and Communication Technology sector contributed 17.00% to the country’s real Gross Domestic Product in Q4 2024, according to the National Bureau of Statistics. This marks an increase from 16.66% in Q4 2023 and 16.35% in the previous quarter of 2024. The NBS report shows that Nigeria’s ICT sector contributed 17.68% to real GDP […]

News

Tinubu promises investors business-friendly policies in oil, gas industry

President Tinubu has pledged to eliminate obstacles hindering investment and operations in Nigeria’s oil and gas sector. Speaking at the 8th Nigeria International Energy Summit in Abuja, themed “Bridging Continents: Connecting Investors Worldwide with Africa’s Energy Potential,” he assured investors of attractive fiscal policies and business-friendly regulations to enhance the industry’s growth. Represented by the […]

News

Nigerian air traffic controllers raise alarm over manpower shortage, wages

The Nigerian Air Traffic Controllers Association has raised concerns over the shortage of air traffic controllers in the country, emphasizing the urgent need for recruitment and training to ensure airspace safety. NATCA President Amos Edino stated that the current staffing deficit has led to excessive workloads, extended duty hours, and heightened stress levels, which could […]

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