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The Nigerian National Petroleum Company Limited recorded a sharp decline in its statutory remittances to the Federal Government in January 2026, falling by 42.83% to 726 billion naira. This was disclosed in the company’s monthly report summary for January 2026, released on Monday. Statutory payments are mandatory financial obligations that the national oil company remits to the federal government on …

Meta is facing a class action lawsuit in the United States over privacy concerns related to its AI-powered smart glasses, following reports that contractors are reviewing sensitive user footage captured by the devices. The lawsuit comes after an investigation by Swedish media revealed that workers employed by a Kenya-based subcontractor had access to videos and images recorded with customers’ glasses. …

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Prof. Ibrahim Gambari Ibrahim Gambari, former minister of foreign affairs and diplomat, has been appointed as a visiting scholar at the Center for Africana Studies, University of Pennsylvania, United States. The appointment was announced by the Savannah Center for Diplomacy, Democracy and Development (SCDDD), an Abuja-based non-governmental organization founded by Gambari. According to the center, the appointment came into effect …

Alphabet has approved a new compensation package for Google CEO Sundar Pichai worth up to $692 million over three years, potentially placing him among the world’s highest-paid executives. According to a regulatory filing first reported by the Financial Times, the package is largely performance-based, with much of it tied to stock incentives tied to Alphabet’s long-term technology bets, including self-driving …