Business

OPEC rejects IEA forecast of oil oversupply

  • 18th June 2026

Dunamis terminal denies responsibility for Ago palace gridlock

  • 18th June 2026

FG ends mandatory stamp duty deductions by MDAs

  • 18th June 2026

New NIA chairman unveils blueprint for insurance sector

  • 18th June 2026

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Tinubu commissions 7km Abuja airport bypass road

Transportation

Police bust telecom data fraudsters, recover data worth ₦3.8bn

Scams

Account for gold reserve under your govt, Ex-APGA chieftain

Opinion

ChatGPT can be tricked to produce sexualised content –

Tech

Blog

Meta platforms restored after hour-long global outage
Tech

Meta shares plummet near 10% after earnings, Google skyrockets

Meta shares tumbled nearly 10 per cent at the opening on Wall Street on Thursday, while Google-parent Alphabet surged more than six per cent. The fluctuations came a day after the tech rivals reported quarterly earnings and showed starkly different investor reactions for their costly bets on artificial intelligence, according to AFP. More to come…

featured

JPMorgan executive accused of sexual harassment, drugging junior male staff

A 37-year-old executive director at JPMorgan Chase, Lorna Hajdini, has been accused in a lawsuit of sexually harassing a married colleague over several months. The complaint alleges that she used her senior position to pressure and intimidate the junior employee, ignoring his repeated objections. It further claims she engaged in abusive behaviour, including alleged drugging, […]

Business

NRS launches Rev360 platform to modernise tax collection

The Nigeria Revenue Service has announced the official rollout of its new tax administration platform, Rev360, which will be deployed in phases starting with medium and emerging taxpayers. In a statement issued on Thursday titled “Nigeria Revenue Service Launches Rev360, Marking Transition to Tax Administration 3.0,” the Service confirmed the launch. It described the development […]

Trans-Niger pipeline resumes operations after blast
Business

NNPCL completes River Niger crossing on OB3 gas pipeline

The Nigerian National Petroleum Company Limited has announced the completion of the River Niger crossing on the Obiafu-Obrikom-Oben (OB3) Gas Pipeline, adding 2 billion standard cubic feet per day to gas transmission capacity. This was disclosed in a statement signed by the company’s Chief Corporate Communications Officer, Andy Odeh, on Thursday. According to the statement, […]

Why Nigerian insurance is one of the lowest globally - CPPE
Business

Nigerian workers struggle as rising inflation weakens purchasing power – CPPE

Nigeria’s workers are grappling with worsening living standards as inflation continues to erode the real value of wages. This was contained in a policy brief by the Centre for the Promotion of Private Enterprise, signed by its Chief Executive Officer, Dr Muda Yusuf, and released on Thursday, according to Nairameteics. The group noted that sustained […]

Aviation

US–Venezuela direct flights resume after seven-year suspension

United States and Venezuela is set to land in Caracas on Thursday, marking the resumption of air travel between the two countries after a seven-year suspension ordered by the U.S. Department of Homeland Security over security concerns. The restoration of flights follows a series of major diplomatic developments, including the U.S. capture of Nicolás Maduro […]

Banking

Wema Bank posts N72.56bn pre-tax profit, up 76% in Q1

Wema Bank Plc has published its unaudited results for the first quarter ended March 31, 2026, showing a pre-tax profit of N72.56 billion, up 76 per cent from N41 billion in the same period of 2025. Profit after tax also rose by 76.08 per cent year-on-year to N63.13 billion, compared to N35.8 billion in Q1 […]

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Lagos prioritises rail, ferry, BRT over road expansion in mobility plan

Lagos State is planning a major shift in its long-term transport strategy, moving away from road expansion toward a multimodal system built around rail, Bus Rapid Transit, and ferry services under its updated 2050 mobility master plan. This was disclosed in a statement by the Lagos Metropolitan Area Transport Authority after a high-level stakeholders’ workshop […]

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

Google adds 25m subscriptions in Q1 on YouTube, Google One growth

Google’s parent company, Alphabet, said Wednesday that it added 25 million new paid subscriptions in the first quarter. The total number of paid subscriptions across its services has now reached 350 million, up from 325 million in the fourth quarter of 2025, driven largely by growth in YouTube and Google One, its cloud storage subscription […]

Microsoft sharepoint cyberattack hits 400 victims - Researchers
Tech

Microsoft reports strong growth in Copilot adoption despite skepticism

Microsoft said Wednesday that adoption and engagement of its AI tool, embedded in Microsoft 365 apps like Word, Excel, and Outlook, continue to grow, despite the common perception that few people actually use Copilot. Microsoft CEO Satya Nadella announced during the company’s quarterly earnings call that Microsoft 365 Copilot now has 20 million paid enterprise […]

Business

Nigeria, Malaysia recorded $1.21bn trade in five years – Customs

Nigeria and Malaysia recorded about $1.21bn in bilateral trade over five years, according to the Nigeria Customs Service. Figures released by the agency show imports from Malaysia rose from approximately $106.6m in 2020 to around $477.3m in 2024, highlighting sustained growth in commercial exchanges. Total trade between the two countries during the five-year period amounted […]

featured

Brent crude hits four-year high amid Middle East tension

Brent crude surged to a four-year high on Thursday after reports that the United States military was preparing to brief President Donald Trump on possible military options against Iran, heightening fears of renewed conflict and further tightening pressure on Iranian oil exports. The U.S. Central Command is expected to present Trump with potential plans for […]

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