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US recognises Nigerian-American fintech entrepreneur George Azih

  • 21st August 2026

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

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US recognises Nigerian-American fintech entrepreneur George Azih

Business

Massive gridlock leaves commuters stranded overnight on Benin-Agbor Road

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OpenAI expands ChatGPT to Apple messages, raising privacy concerns

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Canada to admit 230,000 foreign workers through 2026 programmes

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Airtel Nigeria to Build West Africa’s largest data centre to rival MTN
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300% rise in costs drives inevitable tariff hike – Airtel

Airtel Nigeria’s CEO, Dinesh Balsingh, has emphasized the need for tariff adjustments due to a 300% increase in operational costs over the past 18 to 24 months. In a note shared on Monday, Balsingh cited challenging economic conditions affecting the telecom sector, underscoring the importance of such measures for long-term sustainability. He noted that telecom […]

Disney to merge streaming platforms Hulu Live TV with Fubo
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Disney to merge streaming platforms Hulu Live TV with Fubo

In a surprising move announced Monday, Disney revealed plans to merge its Hulu Live TV business with Fubo, the live TV streaming service renowned for its sports coverage. Under the terms of the agreement, Disney will acquire a 70% stake in Fubo, which will continue to operate as a separate service. This merger is poised […]

TikTok removes more Universal Music songs as conflict worsens
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US TikTok ban raises regulation-technology debate

The looming TikTok ban in the United States is creating challenges for technological companies and sparking creative workarounds from users. If enforced, companies like Apple and Google would need to comply by blocking the app from their stores and ensuring users cannot access it, a move fraught with technical and legal complications. Users are exploring […]

News

OPEC crude output falls as UAE strengthens production cuts

The Organisation of Petroleum Exporting Countries crude production decreased by 120,000 barrels per day in the previous month, reaching 27.05 million barrels daily. The United Arab Emirates contributed the most to this decline as it intensified its supply cutbacks to support global oil prices. While Libya and Nigeria saw small increases in production, these were […]

CBN warns public against fake contracts, grants, intervention fund scams
News

Former CBN employees sue for reinstatement, compensation

Former employees of the Central Bank of Nigeria, who were dismissed in a large-scale retrenchment in 2024, have taken legal action to seek justice and demand fair compensation. The sacked staff, challenging what they describe as violations of internal policies, Nigerian labour laws, and their contractual rights, have filed a class-action lawsuit at the National […]

Amazon to make movie on Altman's dramatic OpenAI exit, return
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OpenAI CEO admits company losing money on chatgpt pro plan

OpenAI CEO Sam Altman revealed on Sunday that the company is currently losing money on its $200-per-month ChatGPT Pro subscription due to higher-than-expected usage. “I personally chose the price,” Altman shared in a series of posts on X, “and thought we would make some money.” Launched in late 2023, ChatGPT Pro provides access to a […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
News

IMTO inflows surge 63.7% in 2024 amid CBN reforms

The Central Bank of Nigeria has revealed a 63.7% per cent increase inflows from international money transfer operators for the first nine months of 2024. According to the latest quarterly statistical bulletin, remittances rose from $2.33 billion during the same period in 2023 to $3.82 billion in 2024. This surge in remittance inflows is largely […]

Samsung reports profit amid AI-driven chip demand
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Samsung integrates generative AI into top-selling TVs

Samsung Electronics is advancing its AI efforts with Vision AI, a new suite of features for its premium TVs. The AI-powered screens can identify on-screen content, perform real-time translations, and create personalized background images. Equipped with built-in AI processors, the top models will also enhance visuals by analyzing content, boosting colors, contrast, and optimizing audio, […]

News

Landmark to relocate Lagos HQ after controversial resort demolition

Landmark Africa, the firm behind Landmark Beach Resort in Lagos, plans to relocate its Nigerian headquarters and expand operations. The Chief Executive Officer, Paul Onwuanibe disclosed this during his appearance on The KK Show – Key to Keys podcast on Eden Oasis’ YouTube channel. Onwuanibe announced the company’s intent to enter two more African countries, […]

Bitcoin demand hits two-year high Argentina amid local currency crash
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Bitcoin nears $100,000 as US congress set to certify Trump

Bitcoin is nearing the $100,000 milestone as market momentum builds ahead of Donald Trump’s anticipated election ratification. The cryptocurrency climbed 1.41% on Monday to reach $99,871, capping a weekly gain of 5.66%—its strongest since November 24, according to Bloomberg data. Bitcoin’s remarkable rally in 2024 slowed in late December as investors took profits. Earlier, optimism […]

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