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EFCC charges two over alleged unlawful supply of

  • 20th August 2026

FG urges banks, fintechs to bridge $14.8bn gender

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Former Asia’s richest man sentenced to life in

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US govt debt surpasses $40tn for first time

  • 20th August 2026

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Microsoft warns Africa risks becoming AI consumer

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Tony Elumelu’s Heirs Holdings stake in Seplat crosses $1bn

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EFCC charges two over alleged unlawful supply of FCMB

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New airbus acquisition strengthens Ibom Air – Eno

Aviation

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US senators demand Meta probe over chatbot child safety concerns
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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
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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 […]

News

Monkey causes nationwide blackout in Sri Lanka

Sri Lanka experienced a nationwide blackout after a monkey tampered with a power station south of Colombo. Energy Minister Kumara Jayakody confirmed that the animal came into contact with a grid transformer, disrupting the system and causing widespread outages. The blackout began around 11:00 local time (05:30 GMT) on Sunday, plunging Sri Lanka into darkness […]

News

Nigeria, Bahrain establish formal diplomatic ties

Nigeria and the Kingdom of Bahrain have officially established diplomatic relations following a visit by Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Tuggar, to Manama. In a statement on Sunday, the spokesman for the Minister of Foreign Affairs, Alkasim AbdulKadir, disclosed that Ambassador Yusuf Tuggar visited Manama, Bahrain, where he held bilateral discussions with his […]

News

US to go ‘penniless’ as Trump halts coin production

President Donald Trump announced that he has instructed the Treasury Department to halt the minting of new pennies due to the increasing cost of production. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful!” Trump wrote in a post Sunday night on […]

T-Mobile begins large-scale testing of satellite-call
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T-Mobile begins large-scale testing of satellite-call

T-Mobile announced on Sunday the launch of wide-scale testing for its satellite-to-cell service, powered by SpaceX’s Starlink, to eliminate mobile dead zones and extend connectivity to remote areas across the United States. The beta trial will be free until July, after which the service will be included at no extra cost in T-Mobile’s premium Go5G […]

News

Togo, Ghana not affected by pipeline maintenance, says WAPCo

The West Africa Gas Pipeline Company Limited has assured that its ongoing pipeline maintenance, supplying gas from Lagos to Ghana, Togo, and Benin Republic, will not impact power generation in these countries. WAPCo’s General Manager of Corporate Affairs, Isaac Doku, made this known at the launch of the first pigging phase of the month-long maintenance […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
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FG, W’Bank discuss capital market funding for infrastructure devt

The Federal Government has begun discussions with the International Finance Corporation, a member of the World Bank Group, on policy strategies to leverage the capital market and other funding options for infrastructure development through Public-Private Partnerships. This was the focus of a meeting between the Infrastructure Concession Regulatory Commission and the World Bank team, which […]

FG's 10-man panel to investigate airlines over fare hike
News

NCAA sanctions five airlines for various infractions

The Nigeria Civil Aviation Authority has officially issued sanction letters to five airlines for various infractions, with additional penalties under review. NCAA’s Director for Consumer Protection and Public Affairs, Michael Achimugu, confirmed the development. “Yesterday, the five airlines received their letters of sanctions. The five airlines mentioned in that case have received their letters of […]

News

Expert urges Nigerian govt to reassess economic reforms

The founder and chairman of Proshare LLC, Dr. Olufemi Awoyemi, has called on the government to reassess its approach to reforms and policy development. Speaking as the keynote speaker at the Bible Society of Nigeria’s 16th Founder’s Day Annual Lecture in Lagos, he emphasized diversification and production as vital solutions to Nigeria’s economic challenges. “As […]

Tech

Sony offers PlayStation Plus users five-day extension after outage

Sony has announced that all PlayStation Plus members will automatically receive an additional five days of service as compensation for a global outage that disrupted the PlayStation Network for about 18 hours from late Friday to Saturday evening. During this period, users were unable to sign in, play online games, or access the online store. […]

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