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EFCC charges two over alleged unlawful supply of

  • 20th August 2026

FG urges banks, fintechs to bridge $14.8bn gender

  • 20th August 2026

Former Asia’s richest man sentenced to life in

  • 20th August 2026

US govt debt surpasses $40tn for first time

  • 20th August 2026

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Microsoft warns Africa risks becoming AI consumer

Tech

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

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EFCC charges two over alleged unlawful supply of FCMB

Business

New airbus acquisition strengthens Ibom Air – Eno

Aviation

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Snap CEO Spiegel mocks Zuckerberg over Snapchat copycat by Meta
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Snap CEO Spiegel mocks Zuckerberg over Snapchat copycat by Meta

Snap CEO Evan Spiegel took a playful jab at Meta’s history of replicating Snapchat’s features by updating his LinkedIn title to “VP Product @ Meta.” The move appeared to reference Meta’s well-documented pattern of adopting innovations first introduced by its competitors, particularly Snapchat. Spiegel’s updated LinkedIn description now reads: “Loving husband, father of four boys, […]

X to launch long-form video on smart TVs soon
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No plans to buy TikTok – Elon Musk

The CEO of Tesla and SpaceX, Elon Musk, has stated that he has no interest in acquiring TikTok. He confirmed that he has not made a bid for the platform and has no plans to do so, during the WELT Economic Summit on January 28. “I have not put in a bid for TikTok,” Elon […]

FAAN increases Abuja airport toll fare
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FAAN resumes access gate fees at Abuja airport

The Federal Airports Authority of Nigeria resumed collecting access gate fees at Nnamdi Azikiwe International Airport, Abuja, on February 8, 2025. Recall, the charges were suspended for two weeks from January 24 due to disruptions caused by ongoing road construction. This was disclosed in a public notice signed by FAAN’s management via the official X […]

Trump Media to raise $2.5bn for bitcoin investment
Tech

Trump drops lawsuit challenging Twitter ban

United States President, Donald Trump has ended his legal battle over his Twitter ban following the January 6, 2021, Capitol riot, according to a recent court filing. The details of the resolution remain undisclosed, and it is unclear whether Elon Musk’s ownership of Twitter played a role. Trump’s lawyer, John Coale, declined to comment. A […]

News

FG plans clean cooking energy for 1m households

The Federal Government plans to transition one million households from firewood-based cooking to clean energy, Minister of Women Affairs Hajiya Imaan Sulaiman-Ibrahim announced Friday in Abuja during a citizens’ engagement marking her 100 days in office. She said the initiative is part of efforts to promote gender-responsive climate action. She noted that women are at […]

Domestic refining output falls by 92% - Report
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NNPCL denies explosion at Warri refinery

The NNPCL has denied reports of an explosion at the newly refurbished Warri Refining and Petrochemical Company. NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye, clarified this in a statement issued Friday night. Soneye dismissed reports of an explosion at the Warri refinery as false and urged the public to disregard them. He stated that the […]

Bismarck Rewane
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Nigeria’s economy burdened by abandoned projects – Rewane

The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has described Nigeria as a graveyard of abandoned projects and criticized the federal government’s Highway Development Management Initiative as a burden on growth. Rewane made this disclosure in his presentation at this month’s Lagos Business School Breakfast Session titled “Nigeria in 2025: Breakthrough or Fall […]

Bitcoin demand hits two-year high Argentina amid local currency crash
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Bitcoin trails gold as safe-haven assets demand rise

Bitcoin, after outperforming most asset classes in 2024, is now under pressure as Donald Trump’s potential White House return and rising geopolitical tensions drive investors toward traditional safe-haven assets. Year-to-date, Bitcoin has gained just over 3%, lagging behind gold’s 9% surge, according to Bloomberg data. Gold hit a record $2,882 per ounce after Trump’s Feb. […]

NAICOM house
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NAICOM, FRSC deepen ties on third-party insurance enforcement

The National Insurance Commission and the Federal Road Safety Corps have strengthened their collaboration to enforce compulsory third-party motor insurance in Nigeria. This was disclosed in a statement by NAICOM on Friday. It said the initiative aims to enhance road safety and provide greater security for all road users. During a visit to the FRSC […]

News

Operators advocate AI for combating financial fraud

The former Executive Director of E-Business and Infrastructure at Inlaks Computers Limited and a board member of CitiData Centre Ltd., Tope Dare, has advocated leveraging AI to analyze transactions in real time, identify suspicious patterns, and strengthen security in the financial sector. He emphasized the role of artificial intelligence in detecting financial fraud early. In […]

X to launch long-form video on smart TVs soon
Tech

Paris prosecutors probe Musk’s X for alleged algorithm bias

French prosecutors have initiated an investigation into Elon Musk’s social media platform, X (formerly known as Twitter), over allegations of algorithmic bias. This action follows a report submitted by centrist lawmaker Eric Bothorel on January 12, expressing concerns that X’s algorithms may have distorted the operation of automated data processing systems, according to Reuters. The […]

News

TUC president links 50% telecom tariff hike to FX crisis

The President of the Trade Union Congress, Festus Osifo, has linked the recent 50% increase in telecom tariffs to the continuous depreciation of the Naira. Speaking on Arise Television’s Prime Time, Osifo stated that the rising cost of foreign exchange is driving up the operational expenses of telecommunications companies, forcing them to adjust their tariffs. […]

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