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Tinubu orders arrest of fake agency promoter, suspends

  • 21st August 2026

FBI asks US court to keep Tinubu-related records

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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

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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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Nigeria needs $20bn annually for 7% growth by 2027 – Edun

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Fri revealed that Nigeria requires an annual investment of $20 billion to achieve a 7% economic growth rate by 2027. Edun made this disclosure while speaking on ARISE News Channel on Friday. He also noted that the recently passed Medium Term […]

Aviation auditors begin security audits of Lagos, Abuja airports
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FAAN, UBA complete renovation of Lagos airport terminal

The Federal Airports Authority of Nigeria, and the United Bank for Africa, has partnered to refurbish the E-wing of Lagos’ Murtala Muhammed International Airport and added four CNG-powered buses to improve passenger mobility. The Managing Director of FAAN, Olubunmi Kuku, made this disclosure on Friday, adding the development aims to enhance the overall passenger experience […]

OpenAI mulls $500bn valuation in employee share sale talks
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Italy fines OpenAI €15m over ChatGPT data violations

Italy’s data protection authority, Garante, has fined OpenAI €15 million ($15.58 million) following an investigation into the use of personal data by its generative AI application, ChatGPT. The penalty marks a significant enforcement of the European Union’s strict privacy laws. The watchdog concluded that OpenAI processed user data to train ChatGPT without a sufficient legal […]

US billionaire eyes TikTok takeover, overhaul
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US billionaire eyes TikTok takeover, overhaul

American billionaire businessman Frank McCourt is spearheading efforts to acquire TikTok and fundamentally overhaul its business model, Reuters reported. McCourt, known for his former ownership of the Los Angeles Dodgers, revealed he has secured verbal funding commitments of $20 billion from a group of investors aiming to resolve the Chinese-owned app’s uncertain future in the […]

OpenAI makes ChatGPT free, expands access without sign-ups
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OpenAI unveils most advanced reasoning model, competes with Google

OpenAI has announced plans to launch a new AI model with advanced human-like reasoning capabilities, signaling a major leap in AI innovation. This move is set to heighten competition with rivals like Google as both companies push the boundaries of artificial intelligence, with potential applications across industries such as healthcare, education, according to Bloomberg. OpenAI […]

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US sues JPMorgan, others over Zelle payment fraud allegations

The Consumer Financial Protection Bureau has filed a lawsuit against Early Warning Services, the operator of the Zelle payment network, along with three major U.S. banks: JPMorgan Chase, Bank of America, and Wells Fargo. The CFPB alleges that these entities failed to implement adequate safeguards against fraud on the Zelle platform, resulting in significant consumer […]

Bitcoin demand hits two-year high Argentina amid local currency crash
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Bitcoin dips below $93,000 amid investor caution 

Bitcoin dropped significantly on Friday, reflecting broader investor caution toward risk assets. It briefly fell below $93,000 before recovering in volatile trading. Early Friday, Bitcoin was priced at $93,809.39, marking an 8% decline from the previous day when it was valued above $102,000. Bitcoin was trading at $93,809.39, according to Coin Metrics, marking an 8% […]

MTN Nigeria plans public offer to sell 11% stake
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MTN to pay N15m damages over unsolicited messages

The Court of Appeal in Abuja has upheld a customer’s right to privacy, ordering MTN Nigeria Communications Limited to pay N15 million in general damages for unsolicited messages and caller tunes. The judgment, delivered on Friday, recognized the violation of Barrister Ezugwu Emmanuel Anene’s privacy and his right to enjoy airtime without disturbance. The judgment […]

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FG achieves 256% increase in meter installations in Q3

The Federal Government’s efforts in Nigeria’s electricity sector have led to substantial progress, with the installation of 184,507 new meters in Q3 2024, marking a 256.01% increase from the previous quarter. The Nigerian Electricity Regulatory Commission also reported the issuance of 50 new licenses, permits, and certifications. The was disclosed by NERC in its Q3 […]

Tech

Big tech adopts geothermal energy for rising AI data centers

Geothermal energy startups are gaining traction as major tech companies like Meta and Google’s parent company Alphabet partner with them to provide clean energy for their AI-powered data centers. These companies are racing to meet the rising energy demands of artificial intelligence while accelerating the adoption of clean technologies, according to Reuters. Large data center […]

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Oil prices drop amid concerns over weaker demand in 2025

Oil prices fell on Friday due to concerns about weaker demand growth in 2025, particularly in China, the world’s largest crude importer. As a result, global oil benchmarks were set to end the week nearly 3% lower. Brent crude futures dropped by 33 cents, or 0.45%, to $72.55 a barrel, while U.S. West Texas Intermediate […]

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NBS site hack raises concerns about statistics fidelity – Atiku

The former Vice President of Nigeria, Atiku Abubakar has expressed skepticism about the National Bureau of Statistics statement claim that its official website was compromised in a cyberattack. This was disclosed in a statement by the Media Office of Atiku on Thursday, which stated that the incident, the first of its kind in the bureau’s history, raises […]

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