A 39-year-old Nigerian businessman and Lagos-based real estate CEO, Edwin Omokhuale, has reportedly been arrested in Dublin, Ireland, over an alleged $23 million fraud involving an Australian mining company. Omokhuale was arrested by Irish police at Dublin Airport on Wednesday, September 9, while reportedly preparing to board a flight to Paris. His arrest followed a…
More than 400 flights to and from airports across the UK were cancelled on Monday after a technical failure at the country’s air traffic control service disrupted departures and left thousands of passengers stranded. By 5 p.m., about 425 flights had reportedly been cancelled, with major disruptions recorded at Heathrow, Gatwick, Birmingham, Manchester, Belfast,…
Global ride-hailing company Uber has announced plans to cease operations in Nigeria after 12 years of service. The company said its exit will take effect from Wednesday, September 2, 2026. Uber announced the decision in a statement issued on Wednesday, describing it as a difficult decision reached after a thorough review of its business operations…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to the Federal Government to intervene in the pricing operations of the Dangote Petroleum Refinery and other domestic refiners in a bid to reduce the rising cost of petrol across the country. IPMAN National President, Abubakar Maigandi, made the call following a fresh increase in…
“Rich Dad Poor Dad” author Robert Kiyosaki has revealed that he is carrying about $1.2 billion in debt, despite becoming famous for teaching people strategies for achieving financial success. The 79-year-old financial author said the debt was accumulated through his real estate investments, as he has long advocated borrowing money to acquire assets capable of…
Nigeria’s real Gross Domestic Product (GDP) grew by 4.43 per cent year-on-year in the second quarter of 2026, surpassing the 4.23 per cent recorded in the same period of 2025 and the 3.89 per cent growth posted in Q1 2026. The Federal Ministry of Finance disclosed this in a statement issued in Abuja on Tuesday,…
Meta, the parent company of WhatsApp, is set to introduce per-message charges for certain messages sent by businesses through the WhatsApp Business Platform from October 1, 2026. The development was announced in a WhatsApp Business Platform pricing update released in July 2026. The new fees will apply to businesses using the official WhatsApp Business Platform,…
Cryptocurrency exchange Binance has announced that it has stopped processing transactions involving 17 crypto-asset service providers and platforms following recent regulatory developments. In a notice to users on Saturday, the exchange listed the affected entities and the dates the restrictions would take effect, noting that the measures would be implemented in phases. Binance did not…
Nigeria’s headline inflation rate fell to 15.43 percent in July 2026, down from 15.91 percent recorded in June, according to the National Bureau of Statistics (NBS). The NBS disclosed this in its Consumer Price Index and inflation report released on Monday, August 17. The report also showed that headline inflation stood at 1.57 percent on…
X, formerly known as Twitter, has announced the termination of its creator revenue-sharing programme, with final payments to eligible creators expected to be made in September. The social media platform, owned by Elon Musk, said it stopped accepting new applications for the existing programme on August 7. The final payment cycle will cover eligible earnings…
