PFIPC: I borrowed N400m to secure appointment, says ‘fake’ agency DG
The alleged Director-General of the Presidential Foreign Intervention Promotion Council, Adeniyi Adeyemi, has claimed he borrowed N400 million to finance the processing…
Business
UN agency rejects transit fees in Strait of Hormuz
The International Maritime Organization, a United Nations agency, said on Monday it opposes the imposition of transit fees in the Strait of…
Trump reimposes Iranian port blockade as Hormuz tensions intensify
President Donald Trump said in a Truth Social post that the United States would reimpose its blockade of Iranian ports near the…
Australia flags big tech’s weak response to online child exploitation
Australia’s online safety regulator has identified major shortcomings in the way leading technology companies respond to online sexual extortion and child sexual…
Oil prices jump as US-Iran strikes fuel Strait of Hormuz fears
Oil prices climbed on Sunday night after renewed military exchanges between the United States and Iran heightened concerns over the security of…
Hyundai workers begin strike after wage talks collapse
Hyundai Motor’s labour union has launched a three-day partial strike after wage negotiations with management reached an impasse. Employees at South Korea’s…
Nigeria crude output hits six-year high, beats OPEC quota
Nigeria’s crude oil production has reached its highest level in more than six years, with the country surpassing its Organisation of the…
PenCom orders cybersecurity overhaul for Nigeria’s pension industry
The National Pension Commission has introduced a major regulatory overhaul designed to strengthen cybersecurity and safeguard digital records across Nigeria’s multi-trillion-naira pension…
Apple sues OpenAI over alleged theft of trade secrets
Tech giant Apple sued ChatGPT-maker OpenAI on Friday, alleging the artificial intelligence company stole its trade secrets as part of efforts to…
Tanzanian richest bizman eyes $100m stake in Dangote’s E’Africa refinery
Tanzania’s richest businessman, Mohammed Dewji, has expressed his readiness to invest $100m in Aliko Dangote’s proposed $17bn refinery in East Africa, in…
Digital payments reshaping Nigeria’s food service industry — Moniepoint
A new study has revealed that digital payment infrastructure is transforming Nigeria’s food service industry, helping businesses overcome longstanding operational challenges and…
UK court rejects dieselgate claims against five car manufacturers
The United Kingdom High Court has dismissed most of the key allegations against five major automakers in the long-running dieselgate case, more…