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Microsoft warns Africa risks becoming AI consumer

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Tony Elumelu’s Heirs Holdings stake in Seplat crosses $1bn

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EFCC charges two over alleged unlawful supply of FCMB

Business

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Aviation

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Tech

Anthropic to meet Trump officials amid regulatory dispute

Senior executives at Anthropic are set to meet with Trump administration officials in Washington, D.C., on Monday in an effort to address the company’s latest dispute with the United States government, according to a source familiar with the matter. The company recently received an export control order on Friday, citing national security concerns and directing […]

Business

Nigeria inflation hits 15.93% in May despite slower price growth

Nigeria’s headline inflation rate rose slightly to 15.93 per cent in May 2026 from 15.69 per cent in April, indicating that price pressures remained elevated for households and businesses despite a slower monthly increase in consumer prices. Data from the National Bureau of Statistics’ latest Consumer Price Index report showed that the CPI climbed to […]

News

NDLEA raises ₦6.15bn from forfeited drug assets

The National Drug Law Enforcement Agency on Monday said it realised N6.15 billion from the auction of four properties seized from convicted drug traffickers and forfeited to the Federal Government through court orders. The assets, including a six-floor hotel in Victoria Island, Lagos, were sold through a competitive bidding process conducted at the agency’s headquarters […]

Finance

Reps extend 2025 capital budget deadline to September 30

The House of Representatives on Monday approved a three-month extension for the capital component of the 2025 Appropriation Act, moving the implementation deadline from June 30 to September 30, 2026. The PUNCH reported that the adjustment is intended to give the Federal Government additional time to complete ongoing capital projects funded under the current budget. […]

Opinion

Macron warns Iran against tolls on Strait of Hormuz

French President, Emmanuel Macron, on Monday cautioned Iran against introducing tolls on maritime traffic passing through the Strait of Hormuz, insisting that “everything” must be done to prevent any charges on vessels using the strategic waterway. This comes after Iran’s Fars news agency reported that Tehran had inserted a clause on maritime service fees into […]

Business

South Africa raises alarm over economic cost of xenophobia claims

The South African government has expressed concern over the economic impact of xenophobia-related allegations, saying the claims are affecting the livelihoods of its citizens and businesses abroad. Speaking in an interview with SABC on Sunday, South Africa’s Minister of Justice and Constitutional Development, Mmamoloko Kubayi, said the recent mass deportation exercise in the country was […]

Helth

Anambra seals unregistered clinics, health facilities

The Anambra State Ministry of Health, on Monday, sealed an unregistered health facility, Vick-Benedict’s Home, at Ifitedunu in Dunukofia LGA. The State Government also shut down facilities operated by some unauthorised Traditional Birth Attendants. The Commissioner for Health, Dr Afam Obidike, disclosed this during an enforcement conducted in the area, accompanied by the Director of […]

Food

Tomato prices will crash in October — Farmers

Tomato farmers under the auspices of the Tomatoes and Orchard Producers Association of Nigeria, TOOPAN, on Sunday, assured Nigerians of tomato prices crashing in October. Speaking with Vanguard, the president of TOOPAN, Mr Oyeleke Bola, said the current supply is far below meeting the current demand by those who consume the fresh tomato and large […]

Mobile phones

UK to ban social media access for under 16s

British Prime Minister Keir Starmer has announced plans to introduce a total ban on social media access for children under the age of 16, citing concerns over child safety and mental health impacts. Starmer said on Monday that social media platforms are “making children unhappy” and exposing them to harmful and addictive content. He said […]

Oil and Gas

Oil prices fall as US-Iran deal reopens Hormuz Strait

Oil prices fell sharply on Monday while global equities rallied after the United States and Iran announced a deal to end their conflict and reopen the Strait of Hormuz, easing fears of supply disruptions. According to AFP, the two countries confirmed the agreement following a mediation effort by Pakistan, with a formal signing ceremony expected […]

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