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US set to approve $2.8bn arms deal for Israel — Report

Washington is reportedly set to approve a $2.8 billion arms package for Israel, according to US media reports published on Tuesday. The package includes the sale of 40,000 one-ton bombs, making it one of the largest munitions deals sold in recent years. The Washington Post reported that the package, which is funded with US taxpayer […]

Tech

Salesforce CEO calls for greater responsibility in AI industry

Salesforce CEO Marc Benioff has become the latest technology leader to call for greater responsibility in the artificial intelligence industry as increasingly powerful models become more widely adopted. His comments come amid a growing debate over AI safety, following Anthropic CEO Dario Amodei’s weekend essay in which he urged frontier AI labs to slow the […]

Tech

Zuckerberg warns AI firms against neglecting alignment efforts

Meta CEO Mark Zuckerberg has offered his perspective on artificial intelligence safety, aligning more closely with Nvidia CEO Jensen Huang’s approach than that of Anthropic chief Dario Amodei. In a post shared on X and other social media platforms, Zuckerberg said AI companies that fail to “focus on alignment will fall behind.” He was referring […]

Aviation

Air Peace records highest flight disruptions with 1,864 in August

Nigeria’s largest airline, Air Peace, recorded the highest number of flight disruptions among domestic carriers in August, with 1,864 delays and other disruptions, according to data from the Nigeria Civil Aviation Authority. United Nigeria Airlines followed with 1,231 disruptions during the month, highlighting the scale of flight delays affecting passengers across the country. The figures […]

Business

FG unveils 100-Day calendar to boost Nigeria’s tourism economy

The Federal Government has endorsed the launch of a 100-Day Tourism Calendar aimed at bringing Nigeria’s festivals, concerts, cultural events and lifestyle experiences together on a single digital platform as part of efforts to unlock a projected $100bn tourism and creative economy. Powered by MyCityApp and MyLagosApp, the calendar was unveiled at the Ember2Remember National […]

Business

CAC seeks centralised ownership data to curb illicit funds

The Corporate Affairs Commission has called for the harmonisation and centralisation of Nigeria’s beneficial ownership registers to strengthen the fight against illicit financial flows, money laundering and the abuse of corporate structures. The Registrar-General and Chief Executive of the CAC, Hussaini Magaji, speaking at a training on the Beneficial Ownership Register for journalists and civil […]

Tech

Musk urges cross-testing of AI models over safety concerns

Elon Musk has called on leading artificial intelligence companies to collaborate by testing one another’s AI models before releasing them to the public, amid growing concerns over the potential risks of the technology and calls for stronger government regulation. Speaking at the All-In Summit in Los Angeles on Monday, the SpaceX CEO said xAI, OpenAI, […]

Business

Fitch raises transparency concerns over Nigeria’s TRS deals

Fitch Ratings has raised concerns about Nigeria’s use of Total Return Swaps and repo transactions as alternative financing instruments, warning that the structures could expose governments to transparency, liquidity and creditor-recovery risks, even as they provide additional funding options. The concerns were contained in a special report published on September 14, 2026, titled “Sovereign Total […]

Economy

Inflation rate eased to 15.39% in August — NBS

Nigeria’s headline inflation rate eased marginally to 15.39 per cent in August 2026, as the pace of increase in food prices slowed significantly during the month, according to the National Bureau of Statistics. The NBS disclosed this in its Consumer Price Index report for August 2026 released on Monday. The latest figure represents a 0.04 […]

Business

FG allots N748.64bn at September bond auction as demand falls

The Federal Government allotted N748.64bn to investors at its September 2026 bond auction, while total subscriptions stood at N1.49tn, reflecting a moderation in demand compared with the previous month. The Debt Management Office disclosed this in its latest auction results circular released on Tuesday. The September auction conducted by the DMO featured a new 10-year […]

Life Style

I’ve lived in the same house for 36 years — Dangote

Africa’s richest man, Aliko Dangote, has revealed that he has lived in his current home for 36 years, saying he has no plans to move because he is comfortable there. Dangote disclosed this during an interview with Arise News on Tuesday, where he spoke about his lifestyle, business interests, and his views on wealth and […]

featured Investment

Refinery investors could become millionaires in two years — Dangote

President of Dangote Industries Limited, Aliko Dangote, has said investors who buy and hold shares in Dangote Petroleum Refinery and Petrochemicals could potentially become millionaires within one or two years if the company’s share price rises significantly. Dangote made this statement in an interview with Arise TV aired on Tuesday while discussing the refinery’s initial […]