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Ekiti approves ₦3bn for new high court office

  • 19th August 2026

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FG borrowed ₦11.9tn in 31 months, says Oyedele

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Gombe approves ₦148.762m monthly subvention for state university

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Ekiti approves ₦3bn for new high court office complex

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Court discharges embattled Binance exec Gambaryam

The Federal High Court on Friday freed Tigran Gambaryan, a 39-year-old American, and Nadeem Anjarwalla, a fugitive, from the Federal Inland Revenue Service tax evasion prosecution against Binance, a cryptocurrency exchange platform. The court reached the judgment in a brief after the FIRS submitted new revised charges in response to a notice from Binance over […]

Tech

AWS unveils $230m fund to boost AI startups

Alex Omenye Tech giant Amazon Web Services has launched a $230 million fund to support startups worldwide in developing generative AI applications. The announcement was made on Thursday via a statement on the company’s website. The fund aims to assist early-stage startups by providing AWS credits, mentorship, and educational resources to enhance their use of […]

Oil and Gas

NNPCL to begin three LNG projects August – Kyari

The Nigerian National Petroleum Company Limited has announced that it will break ground on three mini-Liquefied Natural Gas projects in August of this year. This was disclosed by the NNPC’s Group Chief Executive Officer, Mele Kyari, who announced this in Abuja, on Thursday at the inaugural Africa Gas Innovation Summit 2024 organised by the Society […]

News

Multichoice withdraws $184m from Nigeria in one year

Multichoice Group, a pay-TV operator, has reported that it repatriated $184 million (about N192.09 billion) from Nigeria during the fiscal year ending March 2024. This was disclosed by Multichoice in its consolidated financial statements released on Wednesday for the period under review, according to The Punch The financial report shows that the amount remitted was […]

News

AfDB initiates programme to assist 22 countries in debt management

The African Development Bank Group has initiated training programmes to assist 22 transitioning or fragile African countries in effectively managing their debt. According to a statement issued by the bank on Thursday, the programme, which is part of the Public Finance Management Academy for Africa, an initiative of the bank group’s African Development Institute, began […]

Tech giant Meta has unveiled ambitious plans to construct some of the largest artificial intelligence data centres on the planet,
Tech

Meta reduces office space in Lagos amid global layoffs

The parent company of Facebook, Instagram, and WhatsApp, Meta, is downsizing its office space in Lagos following significant global layoffs in mid-2023 that impacted its Nigerian team. TechCabal reported that at least 35 employees were affected, including the entire engineering team, which had 24 members according to a 2022 report. A Meta spokesperson started that […]

Aliko Dangote, Africa’s most prominent industrialist, will officially step down as Chairman of Dangote Sugar Refinery Plc on June 16
News

Oil mafia made efforts to stop our refinery – Dangote

The chairman of Dangote Refinery, Aliko Dangote has said that attempts were made on several occasions to undermine his $19 billion refinery project in Lagos by both local and foreign criminal organizations, which he referred to as the “mafia.” During his address at the Afreximbank Annual Meetings, Dangote compared the drug and oil cartels to […]

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
News

Nigeria seeks $500m loan from World Bank for rural roads

Nigeria plans a $500m loan from the World Bank for “rural roads ”The Federal Government of Nigeria is targeting a $500 million loan from the World Bank aimed at the development of rural roads and agricultural marketing. The Federal Ministry of Agriculture and Rural Development’s final draft of the Resettlement Policy Framework for the Nigeria […]

Iran lifts ban on WhatsApp, Google Play, ease internet restrictions
News

WhatsApp enhances video calling experience with new features

WhatsApp has announced significant updates to its video calling functionality, introducing screen sharing with audio support and a new speaker spotlight feature. The update also increases the limit for video call participants to 32 people. WhatsApp has enhanced its screen-sharing feature, initially introduced in August last year, to include audio support. This improvement allows users […]

LinkedIn unveils new AI-powered features to boost engagement
News

LinkedIn unveils new AI-powered features to boost engagement

LinkedIn on Thursday, in a bold move to attract more users and increase engagement, launched a range of new AI-driven services. These tools are designed to streamline job searches and applications, enhance learning opportunities, and improve search functionalities on the platform. LinkedIn’s commitment to integrating AI is not new. The company has been embedding AI […]

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