Blog

Australia fines Google $36m over anticompetitive search engine deals
News

Apple, Google remove 20 malware-infested apps from App Stores

Apple and Google removed 20 apps from their respective app stores after security researchers discovered that they contained data-stealing malware that had been active for nearly a year. Cybersecurity firm Kaspersky identified the malware, named SparkCat, which has been operational since March 2024. Initially, researchers detected the malicious framework within a food delivery app used […]

News

Prioritize local products, innovations, NASENI tells Nigerian Institutes

The National Agency for Science and Engineering Infrastructure has instructed its development institutes to prioritize in-house products and technologies to strengthen collaboration and drive commercialization. Approved by Executive Vice Chairman Khalil Halilu, the policy mandates NASENI institutes to adopt each other’s innovations before considering external alternatives, the agency announced on Monday. An internal memo dated […]

China files complaint to WTO over Trump’s tariffs
News

Hong Kong to challenge US tariffs at WTO

Hong Kong’s Chief Secretary, Eric Chan, announced that the city will file a complaint with the World Trade Organization over recent U.S. tariffs. He argued that the U.S. has disregarded Hong Kong’s status as a separate customs territory. “This is absolutely inconsistent with the WTO rules. Of course, they have totally disregarded Hong Kong is […]

News

CIS urges stronger stockbroker role in economic growth

The President and Chairman of the Council of the Chartered Institute of Stockbrokers, Oluropo Dada, along with the Institute’s First Vice President, Fiona Ahimie, reaffirmed the vital role of stockbrokers in promoting Nigeria’s economic growth and financial stability. Dada made disclosure during a courtesy visit to the Minister of Marine and Blue Economy, Adegboyega Oyetola, […]

FG launches freight services on Apapa-Ibadan cargo rail
News

NRC, APM Terminal launch Lagos-Ibadan freight services

The Nigerian Railway Corporation in collaboration with APM Terminals has officially launched an expanded cargo rail service from Apapa Port in Lagos to the Moniya Freight Yard in Ibadan, Oyo State. This initiative aims to enhance logistics efficiency, increase rail transport capacity, and provide a more sustainable and cost-effective solution for cargo movement, thereby decongesting […]

UK court to hear case against shell over oil pollution
News

UK court to hear case against shell over oil pollution

The UK High Court will begin hearings on February 13 in a landmark legal battle between Shell and the Ogale and Bille communities of Rivers State, Nigeria. The case, centered on oil pollution in the Niger Delta, marks a significant step in the decade-long fight for corporate accountability. The affected communities claim that Shell’s operations […]

Oil and Gas

Russia’s oil output drops further below OPEC+ quota in January

Russia’s oil production in January reportedly fell further below its OPEC+ quota, indicating continued challenges in maintaining output levels. Sources, speaking anonymously because the data isn’t public, reported that Russia’s oil output in January fell to 8.962 million barrels per day—16,000 barrels below its OPEC+ target, according to Bloomberg. This decline could be linked to […]

News

MAN warns 15% port charge hike will fuel inflation

The Manufacturers Association of Nigeria has criticized the proposed 15% increase in port charges, warning that it will raise production costs and worsen inflation. This follows the hike last week by the Nigerian Ports Authority, citing the need to improve competitiveness and infrastructure. In a statement released on Sunday, MAN’s Director General, Segun Ajayi-Kadir, argued […]

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

Dangote refinery to reach full capacity in 30 days – Mgt

The Dangote Petroleum Refinery, Africa’s largest, is poised to reach its full operational capacity of 650,000 barrels per day within the next 30 days. This was disclosed by the the Head of the Refinery, Edwin Devakumar, on Monday, according to Reuters. Devakumar stated that the Dangote Refinery, built by Aliko Dangote in Lagos, began processing […]

US senators demand Meta probe over chatbot child safety concerns
News

Meta to begin new round of employee lay off today

Meta will begin a new round of company-wide layoffs today while accelerating recruitment efforts for machine learning engineers, according to internal memos released on Friday Notices will be sent out to affected employees starting at 5 a.m. local time on Monday in most countries, including the United States, according to a memo from Janelle Gale, […]

US considers equity stakes in chipmakers under CHIPS act
News

US to impose 25% steel, aluminum tariff – Trump

United States President, Donald Trump has announced plans to impose a 25% import tax on all steel and aluminum entering the country, a move expected to have the greatest impact on Canada. He also stated that a further announcement would be made later in the week regarding reciprocal tariffs on nations that impose taxes on […]

News

Africa oil week, NAPE, unite to strengthen Nigeria’s upstream sector

Africa Oil Week has partnered with the Nigerian Association of Petroleum Explorationists and the European Association of Geoscientists & Engineers to create a unique program highlighting Nigeria’s upstream sector at AOW 2025. The event is set for September 15, 2025, in Accra, Ghana. Event organizers described the partnership as a milestone for Nigeria’s oil and […]