Marketers seek clarity on Dangote refinery’s fuel supply plan
Members of the Major Energies Marketers Association of Nigeria have announced plans to engage with Dangote Petroleum Refinery to gain clarity on…
News
Starlink expands African footprint, enters Guinea-Bissau
Starlink, the satellite internet service operated by SpaceX, has launched in Guinea-Bissau, marking its 23rd active market on the African continent. The…
NUPRC issues new guidelines for exporters to curb oil theft
The Nigerian Upstream Petroleum Regulatory Commission has introduced a new requirement mandating crude oil exporters to obtain an export permit, vessel clearance,…
EU forces Alibaba’s AliExpress to tighten content controls
The European Commission has accepted a set of binding commitments from Alibaba’s AliExpress in response to concerns over the dissemination of illegal…
Iran crypto exchange loses $90m in cyberattack
A powerful cyberattack has targeted Nobitex, one of Iran’s largest cryptocurrency exchanges, wiping out nearly $90 million worth of digital assets in…
US senate passes bill to regulate stablecoins amid corporate interest
The United States Senate has approved landmark legislation to regulate stablecoins, signaling a major shift in how the federal government approaches a…
Uber-owned Careem to exit Pakistan as economic pressures mount
Careem, the Middle East-based ride-hailing firm owned by Uber, will suspend operations in Pakistan from July 18, marking the end of a…
FG terminates Benin–Warri road contract over abandonment
The Federal Government has terminated the contract awarded to Levant Construction Limited for the reconstruction of the Benin–Sapele–Warri highway, citing the contractor’s…
NNPCL, Mele Kyari deny wrongdoing in Tantita pipeline contract award
The Nigerian National Petroleum Company Limited, its former CEO Mele Kyari, and others have filed a counter-affidavit denying allegations by the Incorporated…
Meta offered $100m bonuses to lure OpenAI staff, Altman alleges
OpenAI Chief Executive Sam Altman has claimed that Meta offered massive financial incentives, including signing bonuses of up to $100 million, to…
Visa appoints Aminata Kane to head African operations
Global payments giant Visa has announced the appointment of Aminata Kane as Senior Vice President and Head of Western and Central Africa,…
FG to track unpaid loans with NIN, restrict passport renewal
The Federal Government has announced plans to use the National Identification Number to track all unpaid loans across the country. The move…