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Develop assets or lose exploration licences, NUPRC warn

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  • 13th March 2026
Wema bank posts ₦100.5bn pre-tax profit in H1 2025

Wema Bank appoints Engr. Wilson Agu as independent

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Develop assets or lose exploration licences, NUPRC warn oil

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Tag: European Union

EU rules out fee for tech giants under digital markets act
featured

Europe to demand fingerprints, photos for all arriving travelers

European vacation destinations will soon require all travelers to provide fingerprint scans and photographs upon arrival as part of a new border screening process. France, Italy, Portugal, the United Kingdom, and 25 other countries began rolling out the new Entry/Exit System on October 12, with full enforcement. Officials say the program will be introduced in […]

US senators demand Meta probe over chatbot child safety concerns
Tech

EU to block Meta from excluding third-party AI assistants on WhatsApp

The European says it plans to impose interim measures to prevent Meta from blocking third-party AI assistants on WhatsApp. On Monday, EU regulators informed the company of their preliminary finding that Meta may have breached EU antitrust rules. The Commission added that the investigation is ongoing, and any measures will depend on Meta’s response and […]

Business

EU to guide Google on opening access to search rivals

The European Commission announced on Tuesday that Alphabet’s Google will receive guidance from EU antitrust regulators on how to provide online search competitors and AI developers with access to its services and Gemini AI models. Rivals have long criticized Google for leveraging its market dominance to gain an unfair edge, hoping the EU’s Digital Markets […]

X to display ads on Grok’s AI responses
Technology

EU launches fresh probe into X over Grok’s sexual deepfakes

The European Commission has launched a new formal investigation against the social media platform X under the Digital Services Act over sexual deepfakes. This is according to a statement published on the European Commission’s website. The move comes amid concerns that Grok was used to generate non-consensual sexually explicit images, prompting investigations and regulatory actions […]

EU rules out fee for tech giants under digital markets act
Travel

Finland to revoke non-EU students’ permits over social assistance

Finland is planning stricter immigration rules that could see the residence permits of non-European Union students cancelled if they receive basic social assistance from the state. The Ministry of Economic Affairs and Employment opened a public consultation on the draft law on January 16. This proposes a system that would allow authorities to automatically monitor […]

EU rules out fee for tech giants under digital markets act
Business

EU considers €93 retaliatory tariffs against US over Greenland dispute

The European Union is reportedly weighing tariffs totaling 93 billion euros (approximately $107.68 billion) or measures to limit American companies’ access to its market, in retaliation to United States President Donald Trump’s tariff threats over Greenland. Officials involved in the preparations said that the EU is drafting retaliatory measures to strengthen its negotiating position ahead […]

EU rules out fee for tech giants under digital markets act
Business

EU signs South America trade deal after 25 years of talks

The European Union and Mercosur on Saturday formally signed one of the world’s largest free trade agreements, concluding negotiations that have stretched over more than 20 years. European Commission President Ursula von der Leyen and European Council President Antonio Costa signed the accord in Asunción, Paraguay, a week after the EU gave its final approval […]

EU rules out fee for tech giants under digital markets act
Business

EU to introduce rules prioritizing local firms in investment decisions

The European Union is preparing to introduce a series of new measures aimed at prioritizing local companies in investment decisions by both member states and foreign firms, challenging decades of free-trade principles. In a draft of the Industrial Accelerator Act, the European Commission, the EU’s executive arm, plans to unveil rules later this month that […]

EU to criminalize AI-generated porn images, deepfakes
Economy featured

Nigeria, South Africa delisted from EU high-risk countries

The European Union has removed Nigeria and South Africa from its list of High-Risk Third Country Jurisdictions, a development expected to significantly enhance financial transactions, trade and investment flows between the affected countries and the EU. South Africa’s National Treasury disclosed the development in a statement issued on Tuesday, noting that the decision was published […]

EU to criminalize AI-generated porn images, deepfakes
News

European Union to deepen security ties with Nigeria

The European Union and Nigeria are taking steps to further cement their existing relations through enhanced defence engagement, as part of broader efforts to address Nigeria’s evolving security challenges. This was disclosed on Wednesday, when the EU Ambassador to Nigeria and ECOWAS, Mr Gautier Mignot, paid a courtesy visit to the Chief of Defence Staff, […]

EU rules out fee for tech giants under digital markets act
Travel

EU plans stricter rules for rejected asylum seekers

European Union member states say they are aiming to tighten the rules for asylum-seekers whose claims have been rejected and process deportations more efficiently. This is according to plans announced on Monday. Danish Immigration Minister Rasmus Stoklund, who chaired the talks, highlighted the current failure rate: “Three in four irregular migrants who have been issued […]

EU rules out fee for tech giants under digital markets act
Finance

EU launches €12m initiative to boost African ports

The European Union has launched a €12 million regional initiative aimed at boosting the safety, security, and operational performance of major sea ports across West and Central Africa. The project, known as SCOPE Africa – Securing Corridors, Ports and Exchanges in Western and Central Africa, was formally launched in Lomé, Togo, and is scheduled to […]

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