Cyber-fraud surpassed ransomware as CEOs’ biggest concern – WEF
The World Economic Forum has singled out Artificial Intelligence as the most influential factor set to shape cybersecurity in 2026, with both…
Business
MultiChoice Nigeria CEO John Ugbe retires, Kemi Omotosho named successor
MultiChoice Nigeria, a Canal+ company, has announced a leadership change as Chief Executive Officer John Ugbe retires following a distinguished tenure. He…
Maritime agents shut shipping firm over freight hike
Maritime sector agents, including members of the African Association of Professional Freight Forwarders and Logistics of Nigeria and the Association of Nigeria…
Apple taps Google to power new AI features
Apple is partnering with Google to drive its artificial intelligence capabilities, including a major Siri upgrade expected later this year, the companies…
Paramount Skydance sues WBD in hostile takeover bid
Paramount Skydance has filed a lawsuit against Warner Bros. Discovery and its CEO, David Zaslav, in what it describes as the latest…
Ogun Free Trade Zone fire not caused by gas explosion — NEPZA
The Nigeria Export Processing Zones Authority and China-Africa Investment FZC, managers of the Ogun Free Trade Zone in Igbesa, Ogun State, on…
Nigerian startup Terra Industries secures $11.75m funding
Terra Industries, a defense technology startup founded by 22-year-old Nathan Nwachuku and 24-year-old Maxwell Maduka, has secured $11.75 million to address Africa’s…
FG to raise N189bn in 2026 via asset sales
The federal government aims to generate over N189 billion in 2026 through the sale of national assets and the privatisation of select…
Minister urges states to adopt modern boats amid rising waterway accidents
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has called on state governments nationwide to invest in safer, modern fibre and…
NDIC recovers additional N24.3bn from Heritage Bank assets for depositors
The Nigeria Deposit Insurance Corporation has recovered an additional N24.3 billion from the assets of the defunct Heritage Bank Limited to support…
PenCom empowers PFAs to appoint auditors, actuaries for pension schemes
The National Pension Commission has authorised Pension Fund Administrators to appoint external auditors and actuaries for Approved Existing Schemes and Additional Benefits…
First HoldCo names new board appointments across non-banking subsidiaries
First HoldCo Plc has announced fresh board appointments across its non-commercial banking subsidiaries, following approvals from the Securities and Exchange Commission and…