The Electricity Consumer Protection Advocacy Centre has expressed strong opposition to the Ministry of Power’s assertion that over 40 per cent of Nigerians now enjoy up to 20 hours of daily power supply. The claim, made by Minister of Power,…

Austria’s far-right Freedom party scored a historic victory in the country’s parliamentary election on Sunday, with the result consolidating pro-Russian, anti-establishment forces in central Europe.The FPÖ was projected to win just under 29 per cent of the ballots cast, according…

The malicious wallet-draining app marked “the first time drainers exclusively targeted mobile users,” says Check Point Research. Read the full article here

Maritime stakeholders have advised the government to tackle piracy, illegal fishing, interstate disputes, and transnational crime to enjoy the $2.5tn ocean economy. They said Nigeria must also address other challenges, such as the smuggling of arms and narcotics, among other…

Within hours of Israel launching strikes to assassinate Hassan Nasrallah, large posters appeared across Tehran declaring “Hizbollah is Alive”.Iranian state media initially said Nasrallah, the Lebanese militant group’s leader, was “in a safe place”, but there was a conspicuous silence…

China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high. Read the full article here

The Bank of Industry has emphasised that Nigeria must enhance its production capacity to achieve a one trillion-dollar economy by 2026. The Divisional Head of Services, BoI, Isa Omagu, stated this on Saturday at the 2024 annual conference of the…

This article is an on-site version of our The Week Ahead newsletter. Subscribers can sign up here to get the newsletter delivered every Sunday. Explore all of our newsletters hereHello and welcome to the working week.In this year of elections,…

Estonia is serving as an example of how smaller nations can use technology to punch above their weight and enhance their economic and political standing. Read the full article here

Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox.California governor Gavin Newsom has vetoed a controversial attempt to regulate artificial intelligence, citing concerns that the bill could stifle innovation after…

Tech giant Meta’s current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world. Read the full article here

In its audited financials for 2023, released earlier in the year, the United Bank for Africa (UBA) posted a record N607.7 billion in annual net profit after a significant increase in interest income and foreign exchange gains impacted its bottom…

The Nigerian equity market gained N121bn last week, with the All-Share Index appreciating by 0.21 per cent to close at 98,458.68 points, while market capitalisation reached N56.578tn. A total turnover of 3.318bn shares, valued at N45.911bn, was traded across 49,243…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Rishi Sunak, Conservative leader, has used a farewell address to party members to warn that the Tories will be consigned to the…

BNB is way below its all-time high when charted against Bitcoin, but that could soon change. Read the full article here