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Ekiti approves ₦3bn for new high court office

  • 19th August 2026

How FG spent N15.8tn subsidy removal savings

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US tightens green card screening with new public

  • 19th August 2026

Christ Embassy enters vehicle market, unveils electric cars

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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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Microsoft to boost startup speed of office apps
Tech

Microsoft pulls back on AI data centre leases – Report

Microsoft is canceling a significant number of data center leases in the United States, which may signal concerns about overbuilding AI computing capacity or a strategic shift toward optimizing existing resources, according to TD Cowen. OpenAI’s largest backer has canceled data center leases totaling “a couple of hundred megawatts” of capacity, TD Cowen reported Friday, […]

News

Rice farmers worry over low output amid rising demand

The Rice Farmers Association of Nigeria has raised concerns over low production output despite increasing demand, citing inconsistencies among farmers as a key factor. RIFAN Lagos State Chairman, Mr. Raphael Hunsa, made this disclosure duringn an interview on Sunday in Lagos, according to NAN. He stated that despite support and interventions from the state government, […]

Umahi threatens MTN over Enugu-Onitsha road, orders N15bn monthly payment
News

FG disburses N15bn compensation for Lagos-Calabar highway demolitions

The Federal Government said it has disbursed N15 billion out of the N18 billion allocated for the first phase of compensation to property owners affected by demolitions along Section One of the Lagos-Calabar Highway. This was disclosed by the The Director of Federal Highways, Bridges, and Design at the Federal Ministry of Works, Bede Obioha, […]

News

Cardoso pledges stronger economic ties with Saudi Arabia

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reaffirmed the bank’s commitment to enhancing economic cooperation between Nigeria and Saudi Arabia. According to a CBN press statement on Sunday, Cardoso made this remark during a courtesy visit to the bank’s headquarters by the Saudi Arabian Ambassador to Nigeria, Faisal bin Ibrahim Alghamdi, […]

News

Glo expands infrastructure to enhance network coverage

Globacom has intensified its nationwide network expansion to enhance customer experience, the company announced on Sunday. In the statement by the company, the ongoing upgrade, which began last year, includes deploying new sites and enhancing existing infrastructure to deliver faster speeds and improved data services for Nigerians. In response to the recent telecom tariff hike, […]

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Stakeholders oppose FG’s ban on large tankers

Stakeholders in Nigeria’s downstream sector are pushing back against the Federal Government’s planned ban on large tankers carrying over 60,000 litres of petroleum products. The Nigerian Association of Road Transport Owners has expressed concerns that the restriction could disrupt fuel distribution and drive up costs Similarly, the Petroleum Products Retail Outlets Owners Association of Nigeria […]

US court revives lawsuit against Elon Musk over child porn content
News

Document your task or resign, Musk tells US federal workers

Elon Musk, the high-profile billionaire CEO of Tesla, SpaceX, and X, has issued a stark ultimatum to United States federal employees under his oversight to respond to an email justifying their work completed this week or face resignation. The directive comes as part of Musk’s aggressive push to streamline government operations and reduce spending in […]

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FG targets 50% increase in land formalisation

The Minister of Housing and Urban Development, Ahmed Dangiwa, has announced plans to increase the formalization of land transactions in Nigeria by 50 per cent over the next decade. He stated that this initiative aims to unlock over $150 billion in dead capital, potentially boosting Nigeria’s GDP by 30 per cent. Dangiwa revealed this at […]

Meta launches AI voice translation on Facebook, Instagram
News

Meta cuts employee stock options despite record high tradings

Meta has reduced its annual distribution of stock options by approximately 10% for tens of thousands of employees, despite the company’s shares reaching record highs this month, the Financial Times reported. Equity refreshers, which employees receive annually as part of their compensation alongside base salaries and bonuses, will see a reduction this year. These stock […]

Apple to pledge $100bn to US manufacturing
News

Apple halts advanced cloud encryption in UK amid govt pressure

Apple Inc. has announced the suspension of its most advanced cloud data encryption feature, Advanced Data Protection, for users in the United Kingdom, citing government demands for access to user data. The decision, confirmed by Apple on Friday, marks an unprecedented shift in the tech giant’s stance on user privacy. Advanced Data Protection, introduced in […]

Starlink becomes Nigeria’s second-largest ISP by subscriber numbers
News

Starlink becomes Nigeria’s second-largest ISP by subscriber numbers

Elon Musk’s satellite internet company, Starlink, has emerged as Nigeria’s second-largest Internet Service Provider (ISP) by subscriber numbers as of the third quarter of 2024, according to the latest data released by the Nigerian Communications Commission. The NCC report shows that Starlink’s active customers in Nigeria rose to 65,564 by the end of Q3 2024, […]

Meta plans fourth AI overhaul in six months
News

Meta raises executive bonuses to 200% days after laying off workers

Meta has approved a plan to significantly increase executive bonuses just days after cutting five percent of its workforce, according to a filing with the United States Securities and Exchange Commission. The company’s board of directors approved the move, which raises the target bonus percentage for Meta’s annual executive bonus plan to 200%, up from […]

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