Business

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

  • 15th August 2026

Nigeria’s exports to China jump 80% to $2.3bn

  • 15th August 2026

Anthropic revenue soars 1,360% ahead of planned IPO

  • 15th August 2026

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RMAFC completes review of Nigeria’s revenue allocation formula

Finance

BRICS explores merging payment systems to cut transaction costs

Finance

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

Business

AI-driven cyberattacks surge 56% – IBM

Business

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Investment

NACCIMA targets Chinese investors to support $1trn economy

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture has announced the third edition of its Business and Investment Forum in Guangzhou, China, as part of efforts to attract sustainable foreign direct investment and support the Federal Government’s ambition of building a $1 trillion economy by 2030. The forum, scheduled to hold on […]

Business

Nigeria’s monthly data consumption hits record 1.5mTB in May

Telecommunications subscribers in Nigeria consumed a record 1.5 million terabytes of data in May, marking the highest monthly data usage ever recorded in the country. The figure was disclosed in the latest industry data released by the Nigerian Communications Commission. The increase in data consumption comes as more Nigerians migrate to higher-generation networks, particularly 4G […]

Economy

Egypt’s inflation rises to 14.9%, ends cooling streak

Egypt’s annual urban inflation rate rose to 14.9 per cent in July 2026, ending a three-month cooling streak as food prices accelerated despite a monthly decline. The latest figures were released by Egypt’s state statistics agency, CAPMAS. Inflation had eased from April through June after rising sharply in March, but pressures from fuel costs, currency […]

featured Finance

Naira trades at ₦1,362/$ on official FX market

The naira opened the new week relatively steady against the United States dollar across both the official Nigerian Foreign Exchange Market and the parallel market, as traders monitored liquidity conditions and Central Bank interventions. Data from the Central Bank of Nigeria’s exchange rate portal showed the official NFEM rate trading around N1,362.55 per dollar, which […]

featured

NIS deploys passport intervention team to UK

The Nigeria Immigration Service is deploying a dedicated Passport Intervention Team to the United Kingdom from August 10, 2026, to clear pending applications, enrol new applicants and process passport renewals for Nigerians living in the diaspora. The NIS disclosed this in a post on its X page on Sunday. Interior Minister Dr Olubunmi Tunji-Ojo directed […]

Business

NITDA urges regulatory collaboration to support emerging technologies

The National Information Technology Development Agency has urged Nigeria’s regulatory agencies to collaborate in establishing a national regulatory sandbox to provide a coordinated framework for testing emerging technologies while maintaining effective regulatory oversight. NITDA Director-General, Kashifu Inuwa, said stronger cooperation among regulators would be essential to the successful implementation of the National Regulatory Sandbox and […]

Business

Reps move to reform aviation laws, propose new revenue-sharing formula

The House of Representatives has intensified efforts to reform Nigeria’s aviation laws, proposing a new revenue-sharing formula that could change how billions of naira generated through the sector’s five per cent Ticket Sales Charge and Cargo Sales Charge are allocated among aviation agencies. The proposal follows figures presented to lawmakers indicating that the Nigeria Civil […]

Aviation

Flight cancelled in Canada after child refuses to fasten seatbelt

A flight in Canada was cancelled after a child refused to sit down and fasten their seatbelt. The Porter Airlines flight had departed from the terminal at Victoria International Airport in British Columbia and was taxiing towards the runway when the incident occurred. According to the airline, the child’s parent and cabin crew repeatedly attempted […]

Business

NCC grants Enugu 15-year lease to operate digital industrial park

The Nigerian Communications Commission has granted the Enugu State Government a 15-year lease to operate its Digital Industrial Park and Learning Centre, as part of efforts to promote artificial intelligence, startups, digital skills and technology-driven businesses. The arrangement is expected to transform the facilities into hubs for innovation, entrepreneurship and human-capital development, while supporting the […]

Business

Italian divers discover 2,000-year-old Roman shipwreck

Italian divers have discovered an ancient Roman shipwreck off the coast of Sicily, believed to date back more than 2,000 years. The vessel was discovered laden with hundreds of remarkably well-preserved containers believed to have been used to transport goods such as wine and olive oil. Italy’s Culture Minister, Alessandro Giuli, described the wreck as […]

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