Business

Crude prices slide as US-Iran peace revives bearish

  • 21st June 2026

Hundreds of Nigerians stranded in South Africa as

  • 19th June 2026

Amazon engineers under internal probe after criticising AI

  • 19th June 2026

Only 6% of Nigerians access formal credit despite

  • 19th June 2026

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FCT motorists lament high fuel cost despite oil drop

featured Oil and Gas

Oyedele, Wike meet to harmonise FCT tax administration

Finance

Big tech reroutes Gulf data via Iraqi pipeline-linked fiber

Tech

Crude prices slide as US-Iran peace revives bearish bets

Business

Blog

Anthropic gives Claude AI power to end conversations
Tech

Anthropic partners Goldman Sachs, Blackstone to boost AI adoption

Anthropic announced Monday a partnership with private equity heavyweights Goldman Sachs and Blackstone to launch a $1.5 billion venture aimed at accelerating artificial intelligence adoption across hundreds of companies. The new firm, created with Hellman & Friedman and supported by asset managers including Apollo and General Atlantic, will embed Anthropic’s Claude AI model directly into […]

Tech

DoorDash unveils AI-powered tools to automate websites, improve listings

DoorDash on Monday introduced new AI-powered features designed to help merchants onboard faster, enhance food photos, and automatically generate websites from their app listings. One of the tools streamlines onboarding in a way similar to a feature Amazon rolled out in 2024. Merchants can simply provide their website link, and the system will pull details […]

Game retailer Gamestop lays off workers to cut cost
Tech

GameStop offers $55bn to buy eBay in surprise takeover move

United States video game retailer GameStop has made an unsolicited $55.5 billion (£41 billion) offer to acquire eBay, warning the bid could become hostile if rejected by the company’s board. GameStop, which has quietly built a 5 per cent stake in eBay, is proposing $125 per share in a deal structured as an equal mix […]

featured

NNPCL remits N2.89tn to federation account in Q1 2026

The Nigerian National Petroleum Company Limited remitted a total of N2.89 trillion to the Federation Account in the first quarter of 2026. The disclosure was contained in the company’s operational performance report for March 2026, indicating stronger fiscal contributions from Nigeria’s oil and gas sector. The development comes as reforms continue across the petroleum value […]

JAPA: Overstay your visa, face permanent ban, US warns Nigerians
Business

NIS denies religious organisation listed on passport portal

The Nigeria Immigration Service has dismissed reports alleging that the name of a religious organisation appears on its official passport payment portal, describing the claim as false and misleading. In a statement issued on May 4, 2026, in Abuja, the Service Public Relations Officer, DCI Akinsola Akinlabi, clarified the matter in an official press release. […]

Ports and Airports

A’Ibom targets global tourism with new international airport operations

Akwa Ibom State Governor, Umo Eno, has said the attainment of international status by the Victor Attah International Airport will improve regional connectivity and eliminate the stress of travelling outside Nigeria to access other countries within the West African sub-region. Eno stated this while addressing journalists on Sunday after returning from the airport’s maiden international […]

Aviation featured

ICYMI: Spirit Airlines shuts down after 34 years leaving passengers stranded

Spirit Airlines ceased operations on the morning of May 2 after 34 years in business, leaving thousands of passengers with unused tickets unsure of what to do next. A notice on the airline’s website advised customers not to go to the airport and instead check online for further instructions. Spirit was the country’s seventh-largest airline, […]

Business

US military to escort stranded ships through Hormuz

President Donald Trump said the United States will assist vessels stranded in the Persian Gulf in passing through the Strait of Hormuz, describing the move as a “humanitarian gesture” and a test of efforts to restore maritime traffic through the strategic waterway for the first time since the war with Iran began. The initiative, called […]

Business

Dangote didn’t borrow money from friends for refinery – Otedola

Billionaire businessman Femi Otedola has denied reports claiming he requested a special allocation from Aliko Dangote in the planned initial public offering of the Dangote Refinery. Otedola made the clarification in a post on his X account on May 4, 2026. His response follows the spread of misleading claims targeting leading Nigerian business figures, including […]

US Embassy in Nigeria moves to new visa service provider
Business

US reverses visa policy, allows Nigerian doctors to resume applications

Nigerian doctors are set to benefit from a policy reversal in the United States that allows physicians to resume visa applications and processing. Earlier in the year, the US introduced a broad visa restriction affecting several countries, including Nigeria, citing national security concerns. The policy disrupted visa renewals for foreign doctors, many of whom are […]

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