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Embrace skills, entrepreneurship, over white-collar jobs, Kwara urges

  • 23rd August 2026

FG’s IT infrastructure investment hits N3.8tn

  • 23rd August 2026

DStv, GOtv users lament activation delays as EPL

  • 22nd August 2026

US tariffs on Canada take effect as deal

  • 22nd August 2026

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US judge strikes down visa suspension affecting Nigeria, 74

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Embrace skills, entrepreneurship, over white-collar jobs, Kwara urges youths

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FG’s IT infrastructure investment hits N3.8tn

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Canada vows retaliatory tariffs after US trade talks collapse

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Europe’s largest asset manager warns against US stablecoin boom
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Crypto hacks result in over $120m in losses in September

In September 2024, cryptocurrency hacks led to losses exceeding $120 million across various platforms, with major incidents occurring at BingX, Penpie, and Indodax. According to Blockchain analytics firm Peckshield Alerts, the month saw over 20 hacks, a decline of 61.76% in losses compared to August. Peckshield reported that the largest loss was suffered by Singapore-based […]

Chinese hackers hack US Commerce chief's emails
Crypto Scams

US hacker faces 20 years jail term for $37m crypto theft

A 21-year-old US citizen, Evan Frederic Light, faces up to 20 years in prison for allegedly stealing $37 million in cryptocurrency from an investment company in Sioux Falls, Dakota. He was arrested and is now facing charges from the US Department of Justice related to his financial crimes. The US Department of Justice announced in […]

NIMC restricts access to NIN database over data breach
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NIMC ends physical data modifications, directs Nigerians online

The National Identity Management Commission has announced that it will no longer permit data modification activities at its National Identification Number enrollment centres across Nigeria. This decision, communicated in a notice on Wednesday, directs all NIN holders seeking to modify their data to utilize the NIMC’s self-service modification portal. Although the self-service portal was launched […]

Trump opens TikTok account amid pending ban deadline
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EU questions Snapchat, TikTok, YouTube on AI risks

The European Union on Wednesday, sought additional information from Snapchat, TikTok, and YouTube regarding their content recommendation algorithms, as part of its Digital Services Act regulations. The European Commission issued requests for information to the three platforms, asking for insights into how their algorithms are designed and function. They have until November 15 to respond. […]

News

Petrol imports decline by 3.58bn litres in one year – NBS

The importation of Premium Motor Spirit commonly known as petrol, declined by 3.5 billion litres over the past year, according to data from the National Bureau of Statistics. This significant drop may reflect changes in consumption patterns, local production increases, or shifts in policy affecting fuel imports. This was disclosed in the latest report released […]

Meta expands Threads ads globally amid rising competition with X
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Threads users to see followers, likes from third party platforms

Instagram head Adam Mosseri revealed that Threads users connected to the fediverse can now see followers and likes from other platforms like Mastodon and Pixelfed. This update also extends the time for users to edit their posts from five to 15 minutes, allowing for greater flexibility. Users can access these new features by tapping on […]

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Why FG hasn’t approved fixed FX rate for Customs — Oyedele

The Chairman of the Presidential Committee on Fiscal Policy, Taiwo Oyedele, has clarified the federal government’s rationale for not yet approving a fixed or pegged exchange rate for calculating Customs import duties. In a statement on Tuesday, Oyedele clarified that the president cannot unilaterally sign an executive order to implement a fixed exchange rate for […]

News Oil and Gas

Oil prices surge over $1 amid escalating Middle-East tensions

Oil prices surged over a dollar in early trading today amid rising concerns about potential disruptions to crude production due to escalating tensions in the Middle East, particularly following Iran’s significant military strike against Israel. Brent futures increased by $1, or 1.36%, reaching $74.56 per barrel, while U.S. West Texas Intermediate (WTI) crude rose by […]

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Dutch govt pledges €120m to support Lagos waste-to-energy project

The Lagos State Government has announced a €120 million commitment from the Netherlands government to support its waste-to-energy project in collaboration with the Harvest Waste Consortium, a Dutch firm. This partnership aims to enhance waste management in the region while promoting sustainable energy solutions. The Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab […]

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ExxonMobil-Seplat deal to increase Nigeria’s oil output – Experts

The conclusion of the $1.28 billion divestment deal between ExxonMobil and Seplat, along with similar transactions in Nigeria’s upstream oil sector, is expected to boost oil output by 21.4%, reaching over 1.7 million barrels per day, according to experts. In his Independence Day national broadcast, President Bola Tinubu announced that the government is set to […]

Zenith Bank customers voice frustrations over online banking issues
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Zenith Bank customers voice frustrations over online banking issues

Customers of Zenith Bank have taken to social media to express their frustration over ongoing difficulties with online banking transactions. Many users reported challenges with making payments and accessing various banking features on X (formerly Twitter) on Tuesday, following a maintenance notification from the bank issued on Saturday. In a statement released on X, Zenith […]

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FG to invest in local companies for energy security

The Federal Government of Nigeria has announced its imminent selection of additional beneficiaries for its initiative aimed at investing in indigenous companies specializing in energy security and gas infrastructure development. It stated that this initiative is poised to mark a significant milestone in the country’s efforts to enhance energy security and improve gas infrastructure, signaling […]

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