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FBI asks US court to keep Tinubu-related records

  • 21st August 2026

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

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FBI asks US court to keep Tinubu-related records confidential

Business

Meta knew of child safety risks but did little

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Tesla recalls nearly three million vehicles in China over

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US recognises Nigerian-American fintech entrepreneur George Azih

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Flight data recorder in South Korea crash missing key component

Authorities have revealed that a key component is missing from a device that could shed light on South Korea’s deadliest plane crash, potentially delaying the investigation into the accident that claimed 179 lives. The flight data recorder, one of the two “black boxes” retrieved from the wreckage of the Jeju Air plane that exploded at […]

Nigeria Exchange in decline two weeks in a row
News

NGX kicks off week with N987bn gain

The Nigerian Exchange Limited ended the first trading day of the week with a market capitalisation of N62.5tn, gaining N987 billion, which represents a 0.99% increase. A total of 641.12 million shares, worth N15.50bn, were traded across 13,778 deals. This reflects a 44% increase in trading volume, a 3% rise in turnover, and a 10% […]

News

90% of workers to pay lower taxes – Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has stated that over 90% of workers in both the public and private sectors would pay lower taxes if the proposed tax reforms are implemented. Oyedele shared this insight on Monday via his X handle, where he educates the public on […]

FG targets 6500 megawatts power generation in six months
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NERC transfers electricity regulatory authority to Ogun

The Nigerian Electricity Regulatory Commission has transferred electricity regulatory authority to the Ogun State Electricity Regulatory Commission within the state’s jurisdictions. In a statement on Monday, NERC confirmed that this move aligns with the amended Nigerian Constitution and the Electricity Act 2023, as amended. The new Electricity Act 2023 decentralizes the supply and regulation of […]

Iran crypto exchange loses $90m in cyberattack
News

Chinese hackers breach US treasury systems in major cyberattack

American officials have reported that Chinese hackers breached US Treasury systems on Monday, gaining access to workstations and documents in a significant cybersecurity incident. The attack was carried out using a security override linked to a key from BeyondTrust, a third-party service provider offering remote technical support to Treasury employees. Officials confirmed that the compromised […]

News

Deadly air crashes in December claim 217 lives globally

Tragic air accidents in the last week of December claimed 217 lives, overshadowing the end of 2024 and marking it as a year with one of the highest fatalities involving commercial airliners, totaling about 289 deaths since January. This follows a near-disaster involving an Air Canada flight, which experienced a landing gear malfunction after the […]

Dangote Refinery loses N32.5bn after petrol price cut
News

Dangote, Ardova seal bulk purchase agreement

Ardova Plc, a leading player in Nigeria’s downstream oil and gas sector, has signed a bulk purchase framework agreement with Dangote Refinery. The partnership aims to ensure a reliable supply of petroleum products at competitive prices, enhancing value for its customers. In a statement on Monday, Ardova Plc announced that the agreement formalizes its longstanding […]

Everybody Loves Jenifa' breaks records, grosses over N1bn in 19 days
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Everybody Loves Jenifa’ breaks records, grosses over N1bn in 19 days

‘Funke Akindele’s “Everybody Loves Jenifa” has taken the West African box office by storm, grossing over N1 billion in just 19 days. The film, which has already garnered 201,604 ticket admissions, now accounts for 40% of the December box office revenue, with earnings totaling N1,034,091,220. This milestone marks the fastest film to reach this revenue […]

Yuletide: Nigerian family demands $1m over Kenya airways mishap
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Yuletide: Nigerian family demands $1m over Kenya airways mishap

A Nigerian family has demanded $1 million in general damages and compensation from Kenya Airways over a disrupted Christmas trip involving their daughter, a minor. The family, represented by Donald Ibebuike of the Creed & Brooks Partners law firm, addressed the airline in a letter dated December 21, 2024, accusing it of exposing them to […]

News

NUPENG applauds FG, NNPCL for reviving Warri refinery

The Nigeria Union of Petroleum and Natural Gas Workers has commended the Federal Government of Nigeria and the Nigerian National Petroleum Company Limited for successfully restreaming the Warri Refinery and Petrochemicals Company after years of inactivity. This was disclosed in a statement on Monday by the union’s National Executive Council, recognizing the importance of this […]

TikTok removes more Universal Music songs as conflict worsens
Tech

Venezuela imposes $10m fine on TikTok

Venezuela’s top court has fined TikTok $10 million for its role in viral challenges that led to the deaths of three children and injuries to several others. The court on Monday ruled that TikTok must pay the fine to the country’s telecommunications agency within 10 days and establish a local office in Venezuela, according to […]

First Bank lays off 100 senior staff in restructuring move
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First Bank lays off 100 senior staff in restructuring move

First Bank of Nigeria has dismissed approximately 100 senior staff members in a significant organizational overhaul aimed at repositioning the bank for 2025. The layoffs involved several top executives who were asked to leave as part of the restructuring process that followed the appointment of Olusegun Alebiosu as managing director and chief executive officer in […]

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