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EFCC charges two over alleged unlawful supply of

  • 20th August 2026

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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

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Access Bank nears final stages of National Bank of Kenya acquisition
Banking News

Access Holdings target N10tn revenue by 2027

Access Holdings Plc target N10 trillion in revenue by 2027. This disclosure was made by the Chief Executive Officer of Access Bank, Roosevelt Ogbonna, at a ‘Facts Behind the Right Issue Presentation by Access Holdings Plc’ in Lagos on Tuesday, according to The Punch. He also stated that the estimate emphasized the company’s dedication to […]

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N250,000 benchmark remains ideal minimum wage – TUC president 

The President of the Trade Union Congress, Festus Osifo has said that the N250,000 benchmark remains the ideal minimum wage for workers in Nigeria. Osifo further stated that the TUC and the Nigeria Labour Congress were meeting with federal government officials to establish a minimum wage agreement, according to The PUNCH. This disclosure was made […]

Aviation News

N23bn allocation for airport upgrade grossly insufficient – FAAN

The Managing Director of the Federal Airports Authority of Nigeria, Olubunmi Kuku has said that the N23.1 billion earmarked for rebuilding and repairing airport facilities across the country is grossly insufficient. Kuku disclosed this during an appearance on The Morning Brief, a Channels TV program, on Tuesday, said that airports, terminal areas, land sides, and […]

New Zealand drops translation requirement, eases visa process
News

Australia raise minimum wage to $915 per week

Australia’s Fair Work Commission increased the minimum wage to $915.90 per week which took effect on July 1, 2024. This follows an announcement of a 3.75% increase in the National Minimum Wage, totaling $24.10 per hour. This review strives to improve remuneration in the face of economic developments and inflation, benefiting both local workers and […]

Spotify launches custom transitions to enhance playlists
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Spotify launches podcast comments to enhance interactions

Spotify has unveiled a new interactive feature, podcast comments, aimed at fostering deeper engagement between listeners and creators. Starting this week, listeners can leave comments on episode pages that support the feature, marking a significant move to cultivate community interaction within the platform. This latest addition positions Spotify in direct competition with platforms like YouTube, […]

FTC bans NGL app or under-18 users
News

FTC bans NGL app or under-18 users

The Federal Trade Commission has taken unprecedented action by banning the anonymous social app NGL from marketing or offering its services to users under the age of 18. This decision follows a settlement where NGL agreed to pay $5 million to resolve allegations of deceptive practices and violations of children’s privacy laws. Launched in 2021, […]

Fintech Okra ventures into cloud services
News

Fintech Okra ventures into cloud services

Nigerian fintech known for its APIs facilitating access to customer data by banks and financial service providers, Okra, is expanding into cloud infrastructure. This move aims to provide local businesses with a cost-effective and reliable alternative to foreign cloud services such as AWS and Azure, particularly appealing in Nigeria’s high inflation and interest rate environment. […]

Meta launches AI voice translation on Facebook, Instagram
News

Meta collaborates with Vodafone to optimize video delivery

Meta, the parent company of Instagram, has partnered with Vodafone to enhance the efficiency of video delivery across 11 European mobile networks. This collaboration aims to manage the surging demand for short-form video content on platforms like Instagram, TikTok, and YouTube, which has driven a significant increase in mobile data usage. According to Ericsson’s 2024 […]

News

AFC appoints Banji Fehintola as Executive Director

The Africa Finance Corporation has selected Banji Fehintola as its new Executive Director of Financial Services, beginning August 1. According to the Corporation, Banji offers considerable financial expertise and leadership experience to AFC’s strategic objectives, which aim to strengthen the Corporation’s financial condition and accelerate its growth trajectory. Fehintola, who joined the Corporation in 2008 […]

News Oil and Gas

NNPC extends fuel stations’ operating hours amid scarcity

Alex Omenye In response to ongoing fuel supply challenges, the Nigerian National Petroleum Company Limited has announced extended operating hours for fuel stations across the country. Executive Vice President of Downstream at NNPC Ltd., Mr. Dapo Segun, made this announcement during a joint inspection with officials from the Nigerian Midstream and Downstream Petroleum Regulatory Authority […]

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