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Over 70% eligible staff accept NNPCL early retirement

  • 15th June 2026

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Over 70% eligible staff accept NNPCL early retirement scheme

Business

DMO to raise ₦1.2trn through FGN bond reopening

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United Capital acquires 5% stake in NGX

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CBN orders banks, fintechs to store data locally

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Flutterwave denies reports of $75m FG investment

Flutterwave has clarified reports claiming that the Federal Government of Nigeria invested $75 million in the fintech company. The company said no such transaction has been officially announced, though it noted that discussions with relevant stakeholders are still ongoing. Flutterwave made the clarification in a statement issued on Tuesday in response to the reports. The […]

Tech

Clarifai deletes 3m OkCupid photos used for AI training

The AI platform Clarifai has deleted 3 million photos it reportedly obtained from OkCupid to train its facial recognition AI. The company also removed any AI models developed using that dataset, according to Reuters. According to the report, Clarifai requested data from OkCupid in 2014, at a time when executives from the dating app had […]

Tech

Amazon expands into weight-loss market with new GLP-1 access program

Amazon is expanding further into the fast-growing weight-loss market, announcing on Tuesday a new initiative designed to make access to widely used GLP-1 treatments easier. The company said its primary care unit, Amazon One Medical, is introducing a GLP-1 management program that incorporates obesity treatment into standard medical care. The program blends virtual and in-person […]

Business

W’Africa’s $150bn digital economy threatened by cable disruptions – WATRA

The West African Telecommunications Regulators Assembly has raised concerns that recurring submarine cable disruptions are exposing significant vulnerabilities in a regional digital economy valued at up to $150 billion. Speaking at the International Submarine Cable Resilience Summit in Porto, Portugal, WATRA Executive Secretary Aliyu Aboki said the region’s current network infrastructure lacks sufficient resilience to […]

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Fraudsters demand crypto for safe passage through Strait of Hormuz – Report 

Fraudulent messages promising safe passage through the Strait of Hormuz in exchange for cryptocurrency have been sent to several shipping firms, according to Reuters on Tuesday, citing a maritime security company. Greek risk advisory firm MARISKS said unidentified individuals posing as Iranian officials contacted companies with vessels stranded west of the strategic waterway, demanding transit […]

Business

Tinubu appoints Fatima Zuntu as NBMA director-general

President Bola Tinubu has approved the appointment of Fatima Zuntu as the Director-General and Chief Executive Officer of the National Biosafety Management Agency. In a statement on Monday, Chris Ugwuegbulam, head of information and public relations at the Office of the Secretary to the Government of the Federation, said the appointment took effect from April […]

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Who is John Ternus, Apple incoming CEO?

After 15 years, Tim Cook is set to step down as Apple CEO, passing the role to John Ternus, the company’s senior vice president of hardware engineering. Beginning September 1, Ternus will take charge of one of the world’s most valuable companies. Ternus has spent nearly half his life at Apple. At 51, he has […]

Apple CEO Tim Cook visits China amid iPhone sales decline
Tech

Apple CEO Tim Cook to step down after 14-year run

Apple announced on Monday afternoon that Tim Cook will step down as CEO, a position he has held since 2011 after taking over from the late Steve Jobs. Senior Vice President of Hardware Engineering John Ternus will assume the role of chief executive on September 1. Cook will transition to the role of executive chairman, […]

Business

FCCPC hails judgment reinforcing its statutory enforcement powers

The Federal Competition and Consumer Protection Commission has welcomed a Federal High Court judgment in Abuja that reaffirmed its statutory authority to investigate consumer complaints, following the dismissal of a case filed by Air Peace. In a statement on Monday, the Commission’s Director of Corporate Affairs, Ondaje Ijagwu, said the ruling delivered by Justice James […]

Business

DisCos remitted N77.99 billion in Q4 2025 – NERC

Nigeria’s electricity distribution companies remitted a total of N77.99 billion in the fourth quarter of 2025, covering 91.19 per cent of their financial obligations to the market. This is contained in the latest quarterly report published by the Nigerian Electricity Regulatory Commission However, the figures show a slight drop from the previous quarter, heightening concerns […]

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