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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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Honda halts funding for GM’s autonomous car project

Honda Motor Co. has decided to halt funding its joint project with General Motors Co. to develop autonomous vehicles. This decision follows GM’s move to pull back from its Cruise robotaxi business, signaling a shift in the direction of their partnership and the broader push for autonomous vehicle technologies. “We will continue to develop new […]

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IATA projects $1tn revenue, record passenger numbers by 2025

The International Air Transport Association has forecasted a milestone 2025 industry revenue exceeding $1 trillion, alongside record passenger numbers. However, IATA’s chief, Willie Walsh, highlighted significant challenges due to delays in aircraft deliveries from Boeing, Airbus, and their suppliers, which are restricting airlines’ growth. These delays stem from supply chain issues and production constraints. Airlines […]

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Tinubu names Ogunjimi acting Accountant General of the Federation

President Bola Ahmed Tinubu has appointed Mr. Shamseldeen Babatunde Ogunjimi as the Acting Accountant General of the Federation. This was disclosed in a statement on Tuesday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga. According to the statement, the appointment of Ogunjimi as the Acting Accountant General of the Federation […]

AfDB President Adesina criticizes border opening for food imports
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AfDB secures $2.2bn for Nigeria’s agro-Industrial hubs

The African Development Bank Group has mobilized $2.2 billion to support the second phase of Nigeria’s Special Agro-Industrial Processing Zones (SAPZ) initiative. This disclosure was made at the Africa Investment Forum in Morocco, where Nigerian governors, diplomats, multilateral organizations, and private sector investors gathered to demonstrate their commitment to advancing agro-industrial development, creating jobs, and […]

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Caverton, Naval Dockyard sign shipbuilding agreement

Caverton Marine Limited has entered into a shipbuilding agreement with Dockyard Limited, marking a key milestone in the development of Nigeria’s marine infrastructure. The signing ceremony, held at the Naval Dockyard in Lagos on Tuesday, highlights Caverton Marine’s commitment to boosting local vessel production, including GRP ferries, security boats, fishing vessels, and leisure crafts. Speaking […]

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Nuhu moves to leave NCAA amid battle for DG position

The Director-General of the Nigeria Civil Aviation Authority, Musa Nuhu, has submitted his terminal leave letter to the Ministry of Aviation and Aerospace Development, marking a new development in the contest for the top position. Earlier reports highlighted a competitive race involving the acting DG, Capt. Chris Najomo, and several industry experts vying to become […]

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Bank directors urge tax reforms committee to prioritize collaboration

The Bank Directors Association of Nigeria has urged the Presidential Fiscal Policy and Tax Reforms Committee to maintain open communication and collaboration regarding the proposed Tax Reform Bills. This appeal was made during a meeting on Tuesday between BDAN, led by its Chairman, Mustafa Chike-Obi, and the Committee’s Chairman, Taiwo Oyedele. The meeting centered on […]

US Consulate introduces new two-visit requirements for visa applicants
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US Consulate introduces new two-visit requirements for visa applicants

Immigrant visa applicants with interviews scheduled at the U.S. Consulate in Lagos will now be required to visit the consulate twice as part of a new procedure aimed at streamlining the visa process and reducing delays. The U.S. Department of State’s Consular Affairs department announced that the change, effective for applicants with interviews after January […]

UK job vacancies drop 23%, signaling economic slowdown
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UK job vacancies drop 23%, signaling economic slowdown

Job vacancies in the United Kingdom have dropped at a faster pace than in comparable countries, signaling a significant shift in the nation’s labor market amid an ongoing economic slowdown. According to data from recruitment platform Indeed, job postings in the UK have fallen by 23% as of November 29, 2024, compared to the same […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
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CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown

The Central Bank of Nigeria has imposed ₦1 billion fines on two of the country’s largest fintech unicorns, Moniepoint and OPay, in the second quarter of 2024, TechCabal. These penalties are part of a broader crackdown on the fintech sector, with several other fintech companies also facing sanctions, though the exact details of their fines […]

Vodafone partners Google to boost AI phones, services across Africa, Europe
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Vodafone faces £120m legal tussle from franchisees

A group of 61 current and former Vodafone franchisees in the UK has filed a legal claim against the company, seeking over £120 million. They allege that Vodafone made significant cuts to their commission payments and remuneration since 2020, often with little notice or explanation, according to Reuters. According to the claimants, these actions have […]

Google rolls out AI-powered scam protection on Chrome
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National grid, new national anthem top Nigeria’s 2024 Google search

Google on Tuesday unveiled its 2024 Year in Search report for Nigeria, revealing that the U.S. elections, the new national anthem, and the national grid were the top three news-related searches by Nigerians this year. The report highlights the most searched topics, notable individuals, music, movies, and general interests that captured the attention of Nigerians […]

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