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  • 22nd August 2026

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Canada vows retaliatory tariffs after US trade talks collapse

Policy and Regulations

Probe Oyedele, Edun over ₦12trn subsidy savings gap, APM

Opinion

PENGASSAN elects Olabiyi-Agoro to succeed Osifo as president

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Blog

Instagram launches location-sharing map to rival Snapchat
News

Instagram introduces new “Profile Card” feature for easy sharing

Instagram is launching a new “profile card” feature, functioning as a digital business card for users after testing phase with select creators earlier this year. The innovative two-sided profile cards aim to simplify how users share their Instagram accounts. Instead of sending someone your handle, you can now share the card directly, making it easier […]

Spotify launches 'Concerts Near You' playlist for event discovery
News

Spotify expands music video testing to 85 new markets

Spotify announced today that it is expanding its testing of music videos to 85 additional markets for premium users. This follows an initial trial launched in March, which included a limited rollout in 11 countries, such as the U.K., Germany, Italy, the Netherlands, Poland, Sweden, Brazil, Colombia, the Philippines, Indonesia, and Kenya. Egypt was added […]

JP Morgan secures license to open office in Kenya
News

JP Morgan secures license to open office in Kenya

After a lengthy 12-year wait, US banking giant JP Morgan Chase has received an operating license from the Central Bank of Kenya to establish a representative office in Nairobi. While this office will not conduct transactions like a traditional bank, it will promote JP Morgan’s banking and advisory services in the region. JP Morgan CEO […]

News

GSK sues Moderna for patent infringement over mRNA technology

British drugmaker GlaxoSmithKline has filed a lawsuit against Moderna in U.S. federal court in Delaware, accusing its American competitor of infringing on GSK’s patent rights related to messenger RNA technology used in the COVID-19 vaccine Spikevax. The lawsuit claims that Moderna’s lipid nanoparticles, which transport mRNA into the human body, violate several GSK patents covering […]

News

Nigeria’s inflation rate hit 32.70% in September 2024

Nigeria’s headline inflation rate rose to 32.70% in September 2024, up from 32.15% in August, reflecting a month-on-month increase of 0.55%. The National Bureau of Statistics reported that this uptick was driven by rising transportation costs and food prices, exacerbated by recent petrol price hikes from the Nigerian National Petroleum Company Limited earlier in September. […]

featured

Nationwide blackout persists as national grid collapses again

Nigeria’s national grid has experienced another collapse, leading to widespread blackouts just 24 hours after service was restored. Various distribution companies confirmed the grid failure occurred around 9 a.m. on Tuesday. According to DisCos, efforts to restore power are currently underway, but the recurring nature of these outages has heightened frustration among citizens and businesses […]

How FG can boost Nigeria's digital growth - Analyst
News

Nigerian telecoms attracted $304m foreign investments in 2024 H1 — NBS

The Nigerian telecom sector has experienced a significant resurgence in foreign direct investments, attracting $304 million in the first half of 2024. This figure more than doubles the $134.75 million recorded for the entire year of 2023, as reported by the National Bureau of Statistics. This uptick follows several years of declining investments, despite the […]

News

Nigeria positioned to lead IT economy through innovation – HP executive

The Managing Director for HP in Southern Africa, Yesh Surjoodeen, has stated that Nigeria’s increasing tech-savviness and strong entrepreneurial spirit uniquely position the country to lead in developing an IT-driven economy across various sectors. He believes that these attributes can foster innovation and drive significant economic growth. In a statement on Monday, Surjoodeen emphasized that […]

News

FG extends private jet owners deadline to clear import duty

The Federal Government of Nigeria has reversed its decision to ground 60 private jets owned by individuals due to unpaid import duties totaling billions of naira. It was reported on Monday that the Nigerian government, via a directive from the Nigeria Customs Service to the Nigeria Airspace Management Authority, was set to ground the defaulting […]

News

PalmPay unveils advanced technology to combat rising fraud

PalmPay, a prominent fintech company in Nigeria, has announced the implementation of advanced technology solutions aimed at addressing the increasing threat of fraud in the country’s digital payment sector. The Managing Director of Palmpay, Chika Nwosu revealed this initiative during the company’s fifth-anniversary celebration in Lagos, according to The Punch. Nwosu acknowledged the remarkable growth […]

NIMC restricts access to NIN database over data breach
News

NIMC’s multipurpose card to integrate 30m Nigerians – AfriGo

The Managing Director of AfriGo, Ebehijie Momoh, has stated that the newly announced multipurpose card by the National Identity Management Commission could help integrate approximately 30 million Nigerians into the financial system. Momoh made this disclosure during the recently concluded Nigeria Fintech Week 2024 in Lagos, according to Nairametrics. According to her, AfriGo, Nigeria’s local […]

Oil and Gas

Nigeria’s oil production drops 30,000b Sept – OPEC

Nigeria’s average crude oil production in September dropped by 33,000 barrels to 1.405 million barrels per day. In its October oil market report, OPEC noted that Nigeria’s crude oil production decreased from 1.438 million barrels per day in August, based on secondary data from Nigerian authorities. Direct communication indicates that Nigeria’s average crude oil production […]

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