Court backs FCCPC probe of Air Peace airfare complaints
A Federal High Court has affirmed that the Federal Competition and Consumer Protection Commission has the statutory authority to investigate consumer complaints…
Business
World Cup streaming giant faces scrutiny over gambling promotion
Brazil’s CazéTV, one of the world’s most-watched live YouTube channels, is facing regulatory scrutiny over its extensive promotion of sports betting to…
IEA forecasts first global oil demand decline since 2020
The International Energy Agency on Friday said global oil demand is expected to fall for the first time since 2020, as the…
Lagos partners Chinese consortium to expand potable water infrastructure
The Lagos State Government has entered into a partnership with a Chinese-led consortium to expand access to potable water by developing critical…
Convicted fraudster charged with theft of forfeited cryptocurrency
A convicted cryptocurrency fraudster, Rossen Iossifov, is facing fresh criminal charges over allegations that he orchestrated the unauthorized withdrawal and transfer of…
Dangote’s UAE crude deal may strengthen Nigeria-UAE trade – LCCI
The Lagos Chamber of Commerce and Industry has said the Dangote Petroleum Refinery’s landmark crude oil purchase from the United Arab Emirates…
Canal+ completes MultiChoice takeover
MultiChoice has officially become a wholly owned subsidiary of French media company Canal+, completing a landmark acquisition that places one of Africa’s…
ITU launches global digital standards advancing autonomous agents
The International Telecommunication Union, the United Nations agency for digital technologies, has launched a global initiative to develop standards for trusted digital…
NGX gains ₦3.45trn as Airtel Africa hits record ₦5,801.40
The Nigerian equities market delivered its most powerful single-session gain in weeks on Wednesday, July 8, 2026, as Airtel Africa’s 10 per…
FIFA W’Cup fever pushes Google search traffic to all-time high
Alphabet-owned Google set a new search traffic record during the FIFA World Cup, driven by intense global interest in Tuesday’s knockout-stage match.…
ExxonMobil begins $1bn Usan project to boost Nigeria’s crude production
Esso Exploration and Production Nigeria (Offshore East) Limited, an affiliate of ExxonMobil, has commenced on-block activities for the $1bn Usan Infill Project…
NNPCL adopts performance-based funding model for state refineries
The Nigerian National Petroleum Company Limited has announced plans to end the practice of funding the Port Harcourt and Warri refineries through…