Business

FIFA proposes $20bn World Cup commercial rights sale

  • 29th July 2026

Oil jumps amid escalating Iran-US tensions in Middle

  • 29th July 2026

NCC, REA partner to cut digital infrastructure costs

  • 29th July 2026

NLNG hits $150bn revenue as global LNG exports

  • 29th July 2026

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FIFA proposes $20bn World Cup commercial rights sale plan

Business

Oil jumps amid escalating Iran-US tensions in Middle East

Business

CBN fines banks N430m over customer complaint failures, regulatory

featured

NCC, REA partner to cut digital infrastructure costs

Business

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News

NDLEA smashes Nigerian-Mexican meth cartel in major raid

The National Drug Law Enforcement Agency has dismantled a transnational methamphetamine production syndicate jointly operated by a Nigerian drug cartel and Mexican collaborators, leading to the arrest of 10 suspects. Illicit drugs and chemicals valued at over N480bn were recovered during the operation. The Chairman and Chief Executive Officer of the NDLEA, Brig. Gen. Buba […]

Indonesia to set minimum age for for children's social media use
Tech

UK campaigners reject Australia-style social media ban, push targeted curbs

Online safety advocates have called on the British Prime Minister Keir Starmer to prevent under-16s from using social media platforms that fail to meet tough safety requirements, rather than imposing a sweeping Australia-style prohibition. The NSPCC, Molly Rose Foundation, and Smartphone Free Childhood argued that tech companies should be barred from exposing teenagers to “high-risk” […]

Sport

Championship: Southampton loses potential £200m playoff prize over spying breach

Southampton faces a devastating financial setback after the English Football League expelled the club from this weekend’s Championship playoff final due to spying on multiple opponents. The decision strips Southampton of a potential promotion to the 2026-27 Premier League, which guarantees a minimum of £110 million in broadcast and central commercial payments. This figure can […]

Technology

Samsung adviser warns of AI memory boom slowdown by 2028

The current artificial intelligence–driven boom in memory chips could begin to lose strength by 2028 as Chinese manufacturers rapidly scale up production capacity and global technology firms start tightening capital spending, a senior Samsung Electronics adviser has warned. A South China publication reported that speaking at a forum organised by the National Academy of Engineering […]

Sony shares drop 6% as Q1 profit plunges
Games

Sony increases PlayStation plus subscription prices across regions

Sony has confirmed a fresh round of price increases for its PlayStation Plus subscription service, raising concerns among gamers already dealing with rising costs across the gaming industry. The subscription platform, available on both PS4 and PS5 consoles, provides access to online multiplayer gaming, monthly downloadable titles, cloud storage, and exclusive PlayStation Store discounts. According […]

News

Spanish police arrest ‘Mango’ billionaire’s son in possible homicide investigation

Jonathan Andic, the son of late Mango founder Isak Andic, has been arrested in Spain over the 2024 death of his billionaire father, in a case that authorities are now treating as a possible homicide. AFP reported that the arrest was confirmed on Tuesday by the Mossos d’Esquadra, Catalonia’s regional police force, after investigators reopened […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira records mixed performance against dollar across FX markets

The Nigerian naira traded with mixed performance against the United States dollar on Wednesday, May 20, 2026, across the official Nigerian Foreign Exchange Market and the parallel market amid continued demand for foreign exchange. Data published by the Central Bank of Nigeria showed that the naira closed at about ₦1,373.65 per dollar at the official […]

Business

Tax revenue hits N7.44tn in Q1 2026

Nigeria’s tax revenue climbed to N7.44 trillion in Q1 2026, but still fell short of its budget benchmark by N2.24 trillion despite ongoing reforms under the new tax regime. Data presented by the Nigeria Revenue Service at the Federation Account Allocation Committee meetings and obtained by Nairametrics showed that total collections between January and March […]

featured Oil and Gas

Nigeria’s oil exploration dropped sharply in April — OPEC

Nigeria’s oil exploration and drilling activities declined by 41.7 per cent in April 2026, following reduced upstream operations and investment activities. According to the May 2026 Monthly Oil Market Report of the Organization of the Petroleum Exporting Countries, Nigeria’s rig count – a major indicator of upstream oil and gas activities – dropped to 12 […]

New SEC regulation to enhance transparency in bank recapitalization
featured Finance

SEC announces shift to T+1 settlement cycle for Nigerian capital market

The Securities and Exchange Commission has announced the transition to a T+1 settlement cycle for equities and commodities transactions with effect from Monday June 1, 2026. The Commission in a notice, outlined a comprehensive framework that all capital market operators and relevant stakeholders are encouraged to adopt in preparation for this significant change. The Commission […]

Tech

Google overhauls Gemini app in major AI push

Google unveiled a major upgrade to its Gemini app at its annual I/O event, adding a suite of new features designed to reposition it as a full-scale AI hub. The updates include a “Daily Brief” feature that delivers personalised summaries, a redesigned user interface, and access to a new AI video generation model called Gemini […]

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