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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

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Geregu Power confirms payment of N40bn bond coupon,

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Tinubu orders arrest of fake agency promoter, suspends three

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Yuletide: Top 10 worst airports - Airhelp
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Nigerian flight passengers lost 19,274 luggage in six months – FG

The Federal Government revealed that around 2,000 air passengers lost 19,274 pieces of luggage between January and June of this year, according to data from the Nigerian Civil Aviation Authority’s half-year report. The report also highlighted that 19,250 passengers experienced significant delays during the same period. These issues reflect the ongoing challenges faced by air […]

Fraud losses decline in Nigerian banks in Q1 2024 - Report
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Banks raise withdrawal limit to ₦50,000

Deposit Money Banks in the Federal Capital Territory have raised the daily maximum over-the-counter withdrawal limit to ₦50,000. This marks a significant increase from the ₦5,000 limit enforced last month. A survey on Tuesday revealed that banks such as Guaranty Trust Bank and Zenith Bank have already implemented this adjustment to improve cash access for […]

Amazon unveils new AI model 'Nova'
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Amazon unveils new AI model ‘Nova’

Amazon Web Services has introduced a new family of multimodal generative AI models, called Nova at its re:Invent conference on Tuesday. These models are designed to handle a range of tasks, from text generation to image and video creation. The Nova family includes four text-generating models: Micro, Lite, Pro, and Premier. Micro, Lite, and Pro […]

Intel's ex-CEO Pat Gelsinger to receive $10M severance package
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Intel’s ex-CEO Pat Gelsinger to receive $10M severance package

Pat Gelsinger, who recently stepped down as CEO of Intel, is set to walk away with a severance package worth over $10 million. According to a filing with the Securities and Exchange Commission (SEC), Gelsinger’s departure includes a retirement and separation agreement that will provide him with several payouts. Gelsinger will receive 18 months of […]

Aero Contractors slashes fares to N80,000 for Christmas
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Aero Contractors slashes fares to N80,000 for Christmas

Aero Contractors has announced a minimum ticket price of N80,000 for domestic flights during the festive season. The airline’s managing director, Ado Sanusi, revealed this in a briefing with journalists on Tuesday, emphasizing that the initiative aims to ease the financial strain on Nigerians during the Christmas and New Year celebrations. Sanusi stated that the […]

Ramaphosa pledges to strengthen trade partnership with Nigeria
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S’Africa eases visa rules for Nigerian tourists, business travelers

South African President, Cyril Ramaphosa has announced a significant change in visa requirements for Nigerian tourists. He said that Nigerian travelers can now apply for South African visas without submitting their physical passports. This policy aims to simplify the application process and encourage more tourism and business travel between the two countries. Ramaphosa made this […]

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ICYMI: Private sector employments drop first time in seven months – Report

Nigeria’s private sector saw its first employment decline in seven months, according to the latest Stanbic IBTC Bank Purchasing Managers’ Index report for November. The decrease in staffing levels, ending a six-month period of job growth, was mainly observed in the services sector, though the drop was modest. The decline in employment reflects the ongoing […]

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PenCom lifts ban on PFAs investment in commercial papers

The National Pension Commission has lifted its ban on Licensed Pension Fund Administrators investing in commercial papers managed by non-bank capital market operators serving as Issuing and Paying Agents. This follows steps taken by the Securities and Exchange Commission to resolve regulatory concerns regarding these operators’ roles in such transactions, paving the way for increased […]

Over half of Nigerian finance workers unhappy with salaries - Report
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Over half of Nigerian finance workers unhappy with salaries – Report

A survey has revealed that 56% of finance employees in Nigeria are dissatisfied with their salaries, primarily due to reduced spending power. The 2024 Salary Report highlights a significant drop in satisfaction, with only 3% of respondents expressing contentment with their pay, a sharp decrease from 14.8% in 2023. The survey by Duplo, a Nigerian […]

Nigerian edtech startup AltSchool expands into Europe
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Nigerian edtech startup AltSchool expands into Europe

Edtech startup AltSchool has announced its expansion into Europe, marking a major milestone in its mission to provide accessible educational opportunities worldwide, TechPoint reported. The announcement was made during the SuperCharger Ventures Demo Day on Monday, December 2, 2024, after the company completed the prestigious accelerator program. Having established a strong presence in over seven […]

China’s rare earth magnet exports hit six-month high in July
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China bans key mineral exports to US amid trade tensions

China has banned exports of materials related to gallium, germanium, and antimony to the U.S., citing their potential military applications. The announcement came on Tuesday, a day after the latest U.S. crackdown on China’s chip sector. Beijing’s new directive, which takes immediate effect, restricts exports of dual-use items with both military and civilian applications, citing […]

Microsoft plans for collaboration with AI agents
Tech

Microsoft faces £1bn UK lawsuit over alleged overcharge

Microsoft was accused on Tuesday of unfairly overcharging customers of competing cloud companies in a lawsuit seeking damages over £1 billion ($1.27 billion). The lawsuit claims that customers using Amazon Web Services, Google Cloud Platform, or Alibaba Cloud are forced to pay higher fees for licensing Microsoft’s cloud-based Windows Server software on these rivals’ infrastructure. […]

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