News

Nigeria: Tinubu orders complete digitization of MDAs

President Bola Ahmed Tinubu on Wednesday said the era of manual inefficiency in Nigeria’s public service must give way to a culture of speed, transparency and technology-driven governance, as he instructed all Ministries, Departments and Agencies (MDAs) to deepen digitized work processes within the federal bureaucracy. Speaking at the opening ceremony of the 2026 International Civil Service Conference in Abuja, …

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NGX: Equity markets relapse as investors lose N1.6tr

Investors in the Nigerian equity market lost N1.6 trillion at the close of trading on Wednesday, and are in for another round of losses. This follows the fall in the prices of shares such as Bua Cement, Cap and E-Tranzact on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 249,062.37 points from 251,635.42 points on the previous …

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Seven NPFL stars in Super Eagles squad for Unity Cup

Abayomi Ademola Seven NPFL players have been named in the Super Eagles squad for the upcoming Unity Cup, following a round of domestic scouting trips by head coach Eric Chelle, who was recently seen at multiple Nigerian Premier Football League matches assessing the form of local players. The call-ups highlight strong national representation, with Ikorodu City FC leading the way …

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The naira earned N0.53 against the dollar at the official window

Nigeria’s currency, the naira, strengthened slightly against the United States dollar at the official window on Tuesday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,373.34/$1, compared with N1,373.87/$1 on Tuesday. This represents a loss of N0.53 in the local currency against the dollar. On the black market, the naira lost N2 against …

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Tems, Wizkid and Asake nominated for 2026 BET Awards

Nigerian music stars Tems, Wizkid, Burna Boy and Asake have been nominated for the 2026 BET Awards, reinforcing Nigeria’s strong presence on the international music scene. The nominations were announced on BET.com, with Nigerian artists featured in several major music and international categories. Tems recorded the highest recognition among African bands, earning three nominations: Best Female R&B/Pop Artist, BET Her …

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OpenAI sets up its first overseas AI lab in a $234 million deal in Singapore

OpenAI Inc. has announced plans to establish a new artificial intelligence laboratory in Singapore through a multi-year partnership with the Singapore government, marking an important milestone in the company’s global expansion strategy. ChatGPT’s creators said the move is part of a wider effort to support Singapore’s ambition to become a leading global hub for AI innovation and development. According to …

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Okra Solar secures $12M investment. 2 other stories and a trivia

This line-up of stories will help you discover the latest happenings around the tech world, today 1. Okra Solar secures $12M investment Okra Solar, a startup with a vision of transforming global energy access, has announced securing a $12 million in Series A funding. This investment, according to the startup, underscores the pressing need to address the energy disparity in …

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The CBN maintains the interest rate at 26.5%…

The Central Bank of Nigeria (CBN) has maintained its key interest rate at 26.5%. The CBN Governor, Olayemi Cardoso, announced this at the end of the 305th meeting of the Monetary Policy Committee in Abuja on Wednesday, May 20, 2026. The MPC’s decision follows the 50 basis point cut announced in February 2026. How We Arrested Fugitive Former Power Minister …

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NDLEA blows up Nigerian-Mexican methamphetamine factory in Ogun forest, seizes drugs worth N480 billion (Video)

The National Drug Law Enforcement Agency has blown up a transnational methamphetamine production factory in Ogun State jointly operated by a Nigerian drug cartel and Mexican collaborators Ten suspects were reportedly arrested with illegal drugs and chemicals worth over N480 billion recovered during the operation. NDLEA Chairman and Chief Executive Officer, Brig. Gen. Buba Marwa (retd.), disclosed this on Wednesday …

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