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Tinubu orders arrest of fake agency promoter, suspends

  • 21st August 2026

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

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Tinubu orders arrest of fake agency promoter, suspends three

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FBI asks US court to keep Tinubu-related records confidential

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Ibadan hybrid power delivers uninterrupted electricity

The 11-megawatt Ibadan Hybrid Power Project, inaugurated by Governor Seyi Makinde earlier this month, is now operational. This project aims to enhance power supply reliability in Ibadan, combining renewable energy sources and conventional power to support critical infrastructure. In a statement on Tuesday issued by the Commissioner for Information and Orientation, Prince Dotun Oyelade, stated […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
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CBN to launch whistleblower platform January

The Central Bank of Nigeria will launch an externally hosted whistleblowing platform on January 1, 2025. This initiative underscores the bank’s dedication to promoting transparency, integrity, and accountability within its operations and the broader Nigerian financial system. According to the December 2024 CBN Update, the whistleblowing platform marks a critical advancement in fostering a safe […]

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Customs disbands patrol team, cuts checkpoints nationwide

The Nigeria Customs Service has disbanded the Joint Border Patrol Team and authorized a reduction in checkpoints nationwide to streamline operations and facilitate the movement of goods and people across the country’s borders. This was disclosed in a statement on Tuesday by the The Comptroller-General of Customs, Bashir Adeniyi, adding that the move is part […]

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Lagos requires $33bn for energy generation expansion

The General Manager of the Lagos State Electricity Board, Kamaldeen Balogun, stated that Lagos requires an investment of $14 million to $33 billion by 2030 to develop its energy sector, covering transmission, distribution, and retailing. Balogun disclosed this during the 2024 Ralph Alabi Memorial Lecture and the induction of corporate engineering members by the Nigerian […]

Iran lifts ban on WhatsApp, Google Play, ease internet restrictions
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Iran lifts ban on WhatsApp, Google Play, ease internet restrictions

Iranian authorities have lifted the ban on Meta’s WhatsApp and Google Play, marking the first step in reducing the country’s stringent internet restrictions, state media reported on Tuesday. Known for having some of the strictest internet controls globally, Iran routinely blocks access to U.S.-based platforms like Facebook, Twitter, and YouTube. However, many tech-savvy Iranians bypass […]

Microsoft expands AI models for 365 Copilot to reduce costs
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Microsoft expands AI models for 365 Copilot to reduce costs

Microsoft Corporation is broadening the range of artificial intelligence models powering Microsoft 365 Copilot, to diversify from its reliance on OpenAI’s technology and address cost. The move marks a strategic shift for Microsoft, which has heavily relied on OpenAI’s GPT-4 model since the launch of 365 Copilot in March 2023. The tool, embedded in Microsoft […]

Apple signals major AI spending shift, open to big acquisitions
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Apple nears $4trn valuation driven by AI successes

Apple is edging closer to a record $4 trillion market valuation, driven by investor optimism over its advancements in artificial intelligence and expectations of a rebound in iPhone sales. The company’s shares have surged 16% since early November, adding $500 billion to its market capitalization and solidifying its lead over tech rivals Nvidia and Microsoft […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
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W’Bank raises Nigeria’s NIN target to 180m under ID4D project

The World Bank has updated Nigeria’s target for the Digital Identity for Development project, increasing the number of Nigerians to be issued the National Identification Number from 148 million to 180 million. Despite missing the original target by June 2024, the project has made significant progress, justifying the extension and expansion to include more Nigerians. […]

Tech

SpaceX, Amazon in talks with British Airways on Wi-Fi deal

British Airways owner, IAG SA is in talks with Elon Musk’s Starlink to equip its jet fleet with Wi-Fi, highlighting the growing influence of SpaceX’s satellite internet service among major global airlines. IAG, which also owns Spain’s Iberia and Ireland’s Aer Lingus, has not yet made a final decision. The airline group is considering options […]

Tech

CATL unveils car chassis designed to withstand fires, crashes

Contemporary Amperex Technology Co. Ltd. has unveiled a new car chassis featuring an integrated battery designed to withstand the extreme conditions of fires or explosions in high-impact collisions. This innovation aims to improve vehicle safety, particularly in electric vehicles, by ensuring that the battery remains secure and doesn’t pose a danger during accidents. CATL, the […]

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Honda poised for best performance in 16 years after merger talks

Honda’s announcement of a 1.1 trillion yen ($7 billion) share buyback, along with ongoing merger discussions with Nissan, has led to a surge in its stock. The move is on track to deliver the company’s best performance in 16 years, reflecting strong investor confidence in its future prospects. Nissan and Honda have confirmed they’ve started […]

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Global Gas opposes Shell’s $2.4bn sale, cites ongoing legal cases

Global Gas and Refining Limited on Monday opposed the recent completion of the $2.4 billion Sale and Purchase Agreement between Shell and the Renaissance Consortium, revealing that the deal was finalized despite ongoing legal cases against the oil giant. In a press briefing in Abuja, the company stated that despite promising to hold off on […]

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