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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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Ecobank exits Mozambique to focus on high-growth markets
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Ecobank cautions customers on fraud risks during Yuletide

Ecobank Nigeria has urged customers to stay vigilant against fraudsters during the Yuletide, while assuring uninterrupted access to banking services via its digital platforms throughout the holiday season. The Head of Consumer Banking at Ecobank Nigeria, Adeola Ogunyemi, disclosed this assuring customers they could carry out shopping and transactions smoothly using the bank’s digital channels. […]

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BPP launches new scheme to combat procurement fraud

The Bureau of Public Procurement has launched a Beneficial Ownership Scheme aimed at identifying and eliminating fraudulent activities within the procurement process. This was disclosed by the Director-General of BPP, Dr. Adebowale Adedokun, on Monday during a global press conference themed ‘Renewed Hope Through Strategic Procurement.’ Adedokun emphasized that the scheme would help the agency […]

Domestic refining output falls by 92% - Report
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Port Harcourt refinery resumes petrol loading operations

The Port Harcourt Refining Company has resumed the loading and transportation of Premium Motor Spirit, after a week of inactivity. The refinery had halted petrol loading two weeks ago without providing an explanation, leaving many marketers stranded. Last week, it was reported that the refinery appeared to be a shadow of itself, with the loading […]

FCMB Group secures shareholder approval for ₦340bn capital raise
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FCMB Group secures shareholder approval for ₦340bn capital raise

FCMB Group Plc has received shareholder approval to raise ₦340 billion in fresh capital aimed at strengthening its banking subsidiary, First City Monument Bank Limited, to meet the Central Bank of Nigeria’s international banking license requirements. The decision was finalized during an extraordinary general meeting held in Lagos and virtually, with shareholders endorsing an increase […]

'Mufasa: The Lion King' opens at Nigerian Box Office with N64m
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‘Mufasa: The Lion King’ opens at Nigerian Box Office with N64m

Disney’s much-anticipated prequel, “Mufasa: The Lion King,” has roared into Nigerian cinemas, grossing an impressive N64 million during its opening weekend. The film not only claimed the title of the highest-grossing Hollywood release of the weekend but also delivered the strongest live-action debut in Nigeria for 2024. Distributed by FilmOneNG, the photorealistic animated movie has […]

Russia blocks Telegram in two regions over security concerns
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Telegram’s profitability rises over $1bn in revenue in 2024

Popular instant messaging platform founded by Pavel Durov, Telegram, has announced a major financial milestone, declaring profitability with revenue surpassing $1 billion in 2024. The app, which introduced its premium subscription service in 2022, now boasts 12 million paid subscribers. Durov revealed on Monday that Telegram is closing the year with more than $500 million […]

Google to pay $30m to settle YouTube children’s privacy lawsuit
Tech

Google unveils new search result formats amid industry pressure

Google has introduced a series of changes to its search result formats in recent months, following conflicting demands from price-comparison sites, hotels, airlines, and small retailers, with the latest updates announced last month. The latest updates, announced last month, aim to balance the competing demands for fair visibility and improved user experience, according to Reuters. […]

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US sues Walmart, Branch Messenger over driver payment issues

The United States Consumer Financial Protection Bureau filed a complaint against Walmart and Branch Messenger, accusing them of requiring delivery drivers to use poorly managed and expensive deposit accounts to receive payment. The complaint highlights concerns about the financial products’ management and the cost burden on drivers. “Walmart made false promises, illegally opened accounts, and […]

Tech

US launches probe into legacy Chinese chips

The United States launched a probe into legacy Chinese semiconductors, affecting products from cars to defense systems. The Section 301 investigation will examine China’s policies and practices regarding the production of silicon carbide substrates and other wafers used in semiconductor fabrication, according to the White House. Washington’s probe aims to assess U.S. dependence on legacy […]

News

NNPCL commits to environmental sustainability with OGMP 2.0 membership

Nigerian National Petroleum Company Limited has officially joined the Oil and Gas Methane Partnership 2.0, affirming its dedication to environmental sustainability. This was announced in statement by the company via its official X handle on Monday. This significant step aligns with NNPC’s goal of achieving net-zero methane intensity by 2030, highlighting its commitment to reducing […]

Airtel Africa swings to $661m pre-tax profit in FY2025
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Airtel Africa launches second $100m share buyback

Airtel Africa has launched a second share buyback program, committing $100 million to returning value to its shareholders. The company disclosed this in a statement filed with the Nigeria Exchange Group, on Monday. This comes after the successful completion of an initial $100 million share buyback program launched in March this year. The company stated […]

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

Google to contest Japan’s claims of hindering search rivals

Alphabet Inc. is reportedly preparing to challenge allegations by Japan’s Fair Trade Commission that it engages in anticompetitive practices. The JFTC claims Google coerced smartphone manufacturers into prioritizing Google Search in default screen placements, which could obstruct fair competition. A cease-and-desist order has been issued to Google’s Japan office, marking an escalation in global scrutiny […]

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