Business

Geregu Power confirms payment of N40bn bond coupon,

  • 21st August 2026

Femi Otedola’s net worth nears $2bn

  • 21st August 2026

NNPC raises alarm over Nigeria’s growing energy skills

  • 21st August 2026

CBN calls for wider adoption of digital payment

  • 21st August 2026

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Canada to admit 230,000 foreign workers through 2026 programmes

Travel

Geregu Power confirms payment of N40bn bond coupon, principal

Business

Femi Otedola’s net worth nears $2bn

Business

Dangote offers East Africa 30% stake in refinery

Oil and Gas

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Trump hotel bomber used ChatGPT to plan Cybertruck explosion
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Trump hotel bomber used ChatGPT to plan Cybertruck explosion

The Las Vegas Metropolitan Police Department has revealed that the suspect involved in the deadly explosion of a Tesla Cybertruck outside the Trump International Hotel on January 1, 2025, utilized the AI chatbot ChatGPT to plan the attack. The explosion, which occurred at the hotel’s entrance, resulted in one fatality and left seven others injured. […]

News

FG sets aside N175.13m for NELFUND in 2025 budget

The Federal Government, in its proposed N49.74 trillion 2025 budget, has earmarked N175.13 million for the Nigerian Education Loan Fund. Established under the Student Loan Act, 2024, NELFUND aims to provide financial assistance to eligible Nigerian students pursuing higher education. This N175.13 million allocation to the NELFUND is part of the 2025 Federal Government’s final […]

Apple faces $1.1bn in tariff costs as trade tensions escalates
Tech

Apple clarifies Siri privacy policy after $95m settlement

Apple Inc. has updated its privacy policies regarding Siri after a $95 million settlement over claims of unauthorized recordings. The company clarified that it has never sold or used Siri data for marketing purposes. According to Reuters, Apple clarified its privacy stance on Wednesday, stating, “Apple has never used Siri data to build marketing profiles, […]

US tech giants urge Biden to rethink AI chip regulation
News

US tech giants urge Biden to rethink AI chip regulation

Major United States tech companies, including Amazon, Microsoft, and Meta, are urging President Joe Biden to reconsider a proposed regulation that would impose sweeping restrictions on global AI chip exports. Under the umbrella of the Information Technology Industry Council, these companies have raised alarms about the potential impact of the new rule, warning that it […]

Apple reshuffles AI leadership amid Siri delays
Tech

Apple executive leaves Indonesia after iPhone ban setback

Apple Inc.’s executive, who was in Jakarta negotiating to lift Indonesia’s sales ban on the iPhone 16, left the city on Wednesday after a late-stage change in stance by a minister derailed the deal, according to sources familiar with the matter. Apple’s Vice President of Global Affairs, Nick Amman, left Jakarta without a deal, despite […]

News

Tompolo hails Kyari for economic recovery, refinery revitalization

The Chairman of Tantita Security Security Services Nigeria Limited, Chief Government Ekpemupolo, a.k.a, Tompolo has praised the Group Chief Executive Officer of the Nigeria National Petroleum Company Limited, Mallam Mele Kyari, for his role in driving Nigeria’s economic recovery. In a statement on Wednesday, Tompolo, through his Special Adviser on Media and Communication, Dr. Paul […]

News

Stanbic IBTC retains top spot in retail, SME banking

Stanbic IBTC Bank has maintained its top position in the 2024 KPMG West Africa Banking Industry Customer Experience Survey. It led retail banking for the fourth consecutive year with a customer experience score of 75.5% and SME banking for the second consecutive year with a score of 77.3%. This reaffirms the bank’s strong commitment to […]

Transcorp top gainers chart as NGX closes at 78,020.54 points
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Nigerian exchange gains N507bn as market capitalization hits N63.56trn

Investors on the Nigerian Exchange gained N507 billion on Wednesday, with market capitalization rising to N63.56 trillion from N63.05 trillion in the previous session. The All-Share Index increased by 831.91 points, or 0.8%, closing at 104,230.73. This marks a 1.27% week-on-week gain, a 6.13% increase over the past four weeks, and a 1.27% rise year-to-date. […]

News

PETROAN denies seeking free money from FG, explains N10bn request

The Petroleum Product Retail Outlet Owners Association of Nigeria has clarified that the N100 billion it requested from President Bola Tinubu is intended as a loan and not a non-repayable grant. This follows its initial request, which sought the funds to support its members in mitigating the impact of fuel subsidy removal on their operations. […]

News

Why some stations sell petrol above N1,000/litre – Marketers

Petroleum marketers explain that filling stations still sell Premium Motor Spirit, or petrol, above N1,000 per litre because they are yet to exhaust their old stock. They note that the previous stock was purchased at N970 per litre, and many stations still have it in their tanks. It was earlier reported that on December 19, […]

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Telecom tariffs to increase soon, but not 100% – Minister

The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has announced that the Nigerian Communications Commission will soon outline modalities for tariff adjustments in the telecom industry. However, he clarified that the increase will not meet the 100% requested by telecom operators. Tijani made this disclosure on Wednesday during a stakeholder meeting with […]

FG adds E-Gates to Nnamdi Azikiwe airport
News

FG budgets N2.5bn for Lagos airport boarding bridges

The Federal Government has allocated N2.5 billion in the proposed 2025 budget, for installing passenger boarding bridges at Lagos airport. This is part of the N105.95 billion set aside for the Federal Ministry of Aviation and Aerospace Development, with N93.03 billion dedicated to capital projects. The project is designed to improve passenger convenience and boost […]

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