Business

AMCON recovers N165bn from bank debtors in H1

  • 27th July 2026

Over 90% of informal workers abandon personal pension

  • 27th July 2026

Oando plans power generation from abandoned oil wells

  • 27th July 2026

Senate replaces outdated insurance law with new regulatory

  • 27th July 2026

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Nvidia, Microsoft, SpaceX launch AI safety initiative

Tech

Snapchat introduces real-time music sharing feature for users

Tech

UK snubs Nigeria, waives proof-of-funds demand for Tunisia, others

Business

Hugging face CEO demands OpenAI release records of AI

Tech

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Finance

Nigeria’s private sector credit remains below economic peers — AfDB

Nigeria’s banking sector extends credit to the private sector equivalent to just 9.4 per cent of the country’s Gross Domestic Product, underscoring the limited role of financial institutions in supporting business expansion despite ongoing reforms aimed at deepening financial inclusion and stimulating economic growth. This was disclosed in the African Development Bank’s 2026 African Economic […]

Scams

Customs warns public over fake recruitment screening notices

The Nigeria Customs Service has urged members of the public to disregard two circulating documents falsely claiming to contain screening schedules for candidates who passed the Computer-Based Test in its ongoing recruitment exercise. The warning was issued by the Nigeria Customs Service in a statement posted on its verified X account on Wednesday, where the […]

Finance

Public sector pension remittances hit ₦903bn as assets surge

Public sector pension remittances recorded a significant increase of 234.85 per cent, rising to N550.96 billion in the fourth quarter of 2025, according to the Q4 2025 Quarterly Industry Report released by the National Pension Commission. The report revealed that total pension contributions for the quarter stood at N903.7 billion, while the private sector contributed […]

Business

ETF market rebounds despite dip in trading activity

Exchange-traded funds listed on the Nigerian Exchange recorded weaker trading activity in May 2026, with the total value of transactions declining to N3.67 billion from N3.71 billion in April. Data on NGX trading activity showed that total trading volume also slipped marginally month-on-month, falling to 25.92 million units from 26.90 million units, indicating a slight […]

Business

Legend Internet assures investors of future prospects despite H1 loss

Legend Internet Plc has reassured investors of stronger earnings prospects in the future despite reporting a pre-tax loss of N199.34 million for the six months ended January 31, 2026, as aggressive investments in network expansion, rising operating expenses and significantly higher financing costs weighed heavily on profitability. The broadband and digital services provider moved from […]

Mobile phones

Google launches fake call detector feature for Android users

Google has introduced a new security feature on Android capable of detecting and flagging suspected impersonation calls in real time, as the technology giant intensifies efforts to combat the rising threat of artificial intelligence-powered voice cloning scams that contributed to more than $400 billion in global losses last year. The new feature, known as fake […]

Business

Africa can unlock $469bn annually without raising taxes – AfDB

The African Development Bank has said Africa could generate more than $469 billion in additional annual revenue without raising statutory tax rates, stressing that stronger tax administration and improved compliance could significantly boost government earnings across the continent. This was disclosed by made by the Chief Economist and Vice-President for Economic Governance and Knowledge Management […]

Business

China Industrial Bank backs Nigeria’s telecom initiative to connect 20m people

The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, has announced fresh backing from the China Industrial Bank for the Nigeria Universal Communication Access Project, a programme designed to extend connectivity to more than 20 million Nigerians in underserved communities. Tijani disclosed the development in a post on X after meeting with a […]

Electricity

Vandals destroy six transmission towers, disrupt power supply nationwide

Power supply has been disrupted in parts of Nigeria following the destruction of six transmission towers along the critical Apir–Lafia 330kV line in Nasarawa State by vandals, the Transmission Company of Nigeria has said. The disclosure was made in a statement in Abuja on Wednesday by TCN’s General Manager, Public Affairs, Ndidi Mbah. According to […]

Business

YouTuber jailed for life after killing pregnant girlfriend

A YouTuber has been sentenced to life in prison with a minimum term of 31 years after murdering his pregnant girlfriend and falsely claiming he was live-streaming a video game to provide an alibi. Stephen McCullagh, 36, was found guilty by a jury at Belfast Crown Court, United Kingdom in March of killing 32-year-old Natalie […]

Business

US plans 12.5% tariffs on imports over forced labour concerns

The United States has proposed new tariffs of up to 12.5 per cent on imports from 60 economies over their alleged failure to ban goods produced with forced labour. The move, which would affect major trading partners including China, the European Union, and Japan, represents a broad escalation in trade enforcement. The determination, made under […]

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