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Business

Apple warns of worsening memory shortage

The global memory shortage dominated tech earnings season this week, with Apple CEO Tim Cook warning that it is only the beginning. “We believe memory costs will drive an increasing impact on our business,” Cook said in the Q&A portion of his company’s earnings call on Thursday after repeatedly telling analysts that the company faced […]

Disney announces crackdown on password sharing
Opinion

‘Ant-Man’ star Evangeline Lilly slams Disney over massive Marvel layoff

Hollywood actress Evangeline Lilly has broken her silence over Disney’s recent wave of layoffs, criticising the entertainment giant for dismissing a large number of employees, including key creatives behind the Marvel franchise. The “Ant-Man” star expressed strong disapproval of the company’s decision, particularly its move towards replacing human creativity with artificial intelligence, which she described […]

Scams

ICYMI: Lagos socialite ‘Ariket’ bags 15 years sentence for cocaine trafficking

A Federal High Court sitting in Lagos has convicted and sentenced a Lagos socialite, Mrs Funmilola Ogbuaya, widely known in elite circles as “Ariket,” to 15 years’ imprisonment for conspiracy as well as aiding and abetting the trafficking of cocaine. The judgment marks a significant development nearly nine years after her accomplice, Odeyemi Omolara, also […]

Business

Trump lifts UK whisky tariffs ‘in honor’ of King Charles

United States President Donald Trump on Thursday lifted tariffs on a major United Kingdom export, following a state visit by King Charles III and Queen Camilla that seemed to ease transatlantic tensions after months of political friction. “In Honor of the King and Queen of the United Kingdom, who have just left the White House, […]

Aviation

Airlines avert shutdown despite jet fuel price surge

Nigerian airlines sustained flight operations on Thursday despite earlier threats of an industry-wide shutdown triggered by soaring jet fuel prices, underscoring ongoing tensions in Africa’s leading crude-producing nation and most populous country. This marks the second time within two weeks that a potential strike by airline operators has been averted. Engagements between the Federal Government […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira trades near ₦1,375/$ amid market caution

The Naira commenced the new month with mild fluctuations against the United States Dollar across both the official and informal foreign exchange markets, reflecting a cautious but steady outlook. As of the early hours of Friday, May 1, 2026, figures obtained from the Nigerian Foreign Exchange Market and several parallel market trading points in Lagos […]

featured Travel

UAE bans travel to Iran, Iraq, Lebanon amid tensions

The United Arab Emirates Ministry of Foreign Affairs on Thursday announced a travel ban preventing Emirati nationals from visiting Iran, Lebanon and Iraq, citing escalating regional tensions linked to the ongoing Middle East conflict. According to AFP, the move comes amid heightened insecurity following a prolonged crisis triggered by a United States and Israeli military […]

featured

Dangote Refinery recalls redeployed engineers to boost efficiency

Dangote Petroleum Refinery has approved the recall of engineers who were earlier redeployed across its business units, describing the move as a conditional pardon after disciplinary measures stemming from operational disruptions. The decision, communicated in an internal memo to staff on Thursday, reflects a recalibrated approach by management as it seeks to balance accountability with […]

X to resume headlines display - Elon Musk
Tech

X unveils AI-driven ad tools to boost marketing appeal

Elon Musk’s X is rolling out a rebuilt, artificial intelligence-powered advertising platform in a renewed effort to attract marketers, with the new system beginning its phased rollout on Thursday. The move comes after the company faced early challenges in expanding advertising revenue under Musk’s ownership, prompting a strategic pivot toward alternative monetisation streams, including artificial […]

Don, CITN advocate taxes for economic development
Business

Tax reforms raise demand for skilled, ethical professionals – CITN

The Chartered Institute of Taxation of Nigeria has said that the country’s ongoing tax reforms are driving higher demand for skilled and ethical professionals, cautioning that practitioners will now be held to stricter standards under the new framework. Speaking on Thursday in Abuja at the institute’s 54th induction ceremony, its President and Chairman of Council, […]

Business

Tinubu nominates Joseph Tegbe as Minister of Power

President Bola Ahmed Tinubu has nominated Mr Joseph Olasunkanmi Tegbe as Minister of Power, pending confirmation by the Senate. The announcement was made on Thursday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga. He added that the nomination has been formally forwarded to the Senate for screening and confirmation in accordance with […]