Business

US tariffs on Canada take effect as deal

  • 22nd August 2026

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

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US tariffs on Canada take effect as deal collapse

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Tinubu orders arrest of fake agency promoter, suspends three

Business

TikTok to pay $400m to settle US children’s privacy

Tech

Walmart to accept Apple Pay, Google Pay at US

Tech

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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. […]

Apple signals major AI spending shift, open to big acquisitions
Tech

Apple faces UK lawsuit over App store commission fees

Apple Inc. is facing a class action lawsuit in the UK, with developers accusing the company of imposing anti-competitive commission fees as high as 30% on App Store sales. The lawsuit, led by UK competition expert, Sean Ennis, could result in Apple being required to repay up to £785 million ($995 million) to around 13,000 […]

Nigerians to present BVN, NIN for dollar bond subscription
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Nigeria’s eurobond offer oversubscribed at $9.1bn, boosts investor confidence

Nigeria’s latest Eurobond offer has been oversubscribed at $9.1 billion, marking a successful return to the international bond market after a two-year hiatus and signaling potential investor confidence in the country’s economy. The dual-tranche Eurobond was issued under Nigeria’s Global Medium Term Note Programme to finance the 2024 fiscal deficit. Despite the oversubscription, with bids […]

Enugu to buy for aircrafts for Enugu Air in 2025
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Enugu secures $100m for sustainable water connectivity project

The Enugu State Government and Austrian firm, WANDE NEXUS have formalized an agreement to implement the Sustainable Last Mile Connectivity and Advanced Metering Infrastructure Project in Enugu. The agreement, signed on Monday in Enugu, with the Austrian Ambassador to Nigeria, Thomas Schlesinger, in attendance, will see WANDE Nexus invest $100 million as Foreign Direct Investment […]

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ExxonMobil considers sale of US$1bn Singapore gas stations

Exxon Mobil Corp. is exploring the sale of its gas stations in Singapore, a move that could generate approximately $1 billion. The company is collaborating with financial advisers to manage the potential sale, with interest from other industry players and investment funds, Bloomberg reported on Tuesday, citing sources. ExxonMobil operates 59 petrol stations in Singapore […]

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Nigeria eyes S’Africa’s support for G20, BRICS membership

Nigeria has requested South Africa’s support for full membership in the G20, BRICS, and the BRICS New Development Bank. This appeal was made by Nigeria’s Minister of State for Foreign Affairs, Amb. Bianca Odumegwu-Ojukwu, during the 11th Nigeria-South Africa Bi-National Commission in Cape Town. South Africa officially assumed the presidency of the G20 on December […]

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Chamber calls on states to strengthen intra-African trade

The Nigeria-Namibia Chamber of Commerce has urged state governments to strengthen trade and investment partnerships with African countries to drive economic growth and enhance citizens’ welfare. Speaking at the Namibia-Delta State Trade and Investment Summit in Delta State, the Chamber’s President, Ben Ojo, emphasized the transformative potential of intra-African trade. He said, “Trade is widely […]

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FG directs MDAs to exclude new projects from 2025 budget

The Federal Government has instructed all Ministries, Departments, and Agencies to exclude new projects from their 2025 budget submissions unless linked to ongoing project completion. This directive is outlined in the 2024 Federal Government Budget Call Circular. The 2024 Budget Call Circular explicitly states that no new projects will be included in the 2025 capital […]

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FG auditors review NNPCL’s N2.7tn fuel subsidy claim

The Office of the Auditor-General of the Federation has received the required documents to verify the Nigerian National Petroleum Company Limited’s N2.7 trillion fuel subsidy claim against the government. Meanwhile, the finance ministry’s procurement department has obtained the terms of reference and scope of work for hiring an external firm to assist in the verification […]

How FG can boost Nigeria's digital growth - Analyst
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Telecom subscribers plan petition to national assembly over 5% tax

The National Association of Telecoms Subscribers is escalating its opposition to the Federal Government’s plan to impose a 5% excise duty on telecom services. By writing to the National Assembly, NATCOMS aims to prevent legislative endorsement of the tax while the matter is still under judicial review. The ongoing legal case at the Federal High […]

News

PenCom approves full withdrawal of savings for low-income retirees

The National Pension Commission has clarified that low-earning pensioners can now withdraw their total retirement savings at once or opt to continue receiving monthly pensions while awaiting the implementation of the Minimum Pension Guarantee. This directive was outlined in a memo signed by the Head of PenCom’s Surveillance Department, A. M., Salam. PenCom, in a […]

Apple to pledge $100bn to US manufacturing
News

Apple sued for spying, silencing workers with devices

Apple is facing a new lawsuit alleging that the tech giant unlawfully monitors its employees’ personal devices and iCloud accounts, while also restricting them from discussing their pay and working conditions. The complaint, filed in California state court on Sunday by Amar Bhakta, a digital advertising employee at Apple, claims that the company forces workers […]

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