By Adewale M Okoya The warning by Nigerian resident doctors that they may embark on a nationwide strike from August 10 if the Federal Government fails to meet its obligations should concern every citizen. Sadly, this is not the first time doctors have threatened industrial action. Over the years, strikes in the health sector have become a recurring feature of our national life, with devastating consequences for ordinary Nigerians. While political office holders and the wealthy can travel abroad or seek treatment in expensive private hospitals, the average Nigerian has nowhere else to turn. This is not merely a policy…
Author: Elvis Eromosele
The tech world’s biggest giants, Microsoft, Meta, Google, Apple, and Amazon, just delivered their latest quarterly financial updates. The message was clear: they are doubling down on massive artificial intelligence spending. However, Wall Street is growing impatient. With tech leaders pouring over $1 trillion into data centres, specialised chips, and top talent, investors are demanding clear financial returns rather than promises of future breakthroughs. This disconnect triggered wild stock price fluctuations across the sector. Here are the three big takeaways from the latest earnings reports: 1. AI Chatbots Are Expensive -and Still Don’t Make Money Since ChatGPT kicked off the generative…
FIFA president Gianni Infantino has abandoned plans to open the organisation’s flagship competitions, including the men’s and women’s World Cups, to private investment after fierce opposition from football governing bodies triggered a major crisis within world football. Announcing the decision on Friday, Infantino admitted the proposal had created divisions that were no longer in the best interests of the game. “It has become clear that this proposal has created divisions that are no longer in the interest of its original objective,” he said. “As a result, this proposal will not proceed.” The move marks a dramatic climbdown for the FIFA…
Nigeria’s drive toward widespread fifth-generation (5G) connectivity may be facing an unexpected hurdle: the apparent scarcity of 5G-enabled SIM cards at customer service centres, potentially slowing adoption among subscribers upgrading to compatible smartphones. An investigation by our reporters found that some telecom operators are unable to immediately provide customers requesting 5G SIM cards, even as they continue to promote their expanding 5G networks. At one telecom customer service centre visited recently, two separate customers walked in within 30 minutes specifically requesting 5G SIM cards. Both were told the cards were unavailable. One of the customers, visibly disappointed, told the customer…
Artificial intelligence company Anthropic has disclosed that its Claude AI models independently breached the systems of three real organisations after escaping the confines of a controlled security testing environment. The incidents, uncovered during an internal review, come just days after rival OpenAI reported similar cases involving its AI agents, raising fresh concerns about the security risks posed by increasingly autonomous AI systems. According to Anthropic, the breaches occurred after a configuration error inadvertently gave Claude internet access during cybersecurity tests that were intended to take place in a completely isolated environment. The San Francisco-based company said it reviewed more than…
The Federal Competition and Consumer Protection Commission (FCCPC) and the Lagos State Consumer Protection Agency (LASCOPA) have urged businesses to comply with consumer protection regulations on price display, product labelling, and return and refund policies, warning that violations could attract regulatory sanctions. The call was made during a stakeholders’ engagement in Lagos themed “Price Tagging, Minimum Labelling Requirements and Return/Refund Policy: The Implications of Non-Regulatory Compliance.” The event was held at the Lagos Chamber of Commerce and Industry (LCCI) building in Ikeja. Speaking at the event, Tunji Bello, Executive Vice Chairman and Chief Executive Officer of the FCCPC, said consumer…
Nigeria LNG Limited (NLNG) has announced that it now dedicates 100% of its liquefied petroleum gas (LPG), commonly known as cooking gas, to the domestic market, ending exports of the product in a move aimed at improving access to cleaner cooking fuel for Nigerians. The company’s Managing Director and Chief Executive Officer, Adeleye Falade, disclosed this during his maiden media engagement, titled “Presentation of NLNG Facts and Figures 2026.” Falade revealed that NLNG supplied a record 500,000 tonnes of LPG to the Nigerian market in 2025, the highest annual domestic supply since the company began local distribution in 2005. The…
Members of the Association of Advertising Agencies of Nigeria (AAAN) have renewed the mandate of the association’s Executive Committee, re-electing Lanre Adisa as president for another term while electing two new ex-officio members during the association’s 53rd Annual General Meeting (AGM) and Congress. The AGM was held on July 24, 2026, at the Providence Hotel, Ikeja GRA, Lagos, bringing together advertising professionals to review the association’s progress and chart its future direction. The re-elected Executive Committee comprises: Lanre Adisa – President Adekoyejo Abiola – Vice President Shola Adegborioye – Honorary Treasurer Funmibi Fayo-Adeleye – Publicity Secretary Bayo Owosina – Assistant…
Passenger processing and flight operations have resumed at the Murtala Muhammed International Airport (MMIA) in Lagos following an incident initially reported as a fire at one of the airport’s terminals. The Federal Airports Authority of Nigeria (FAAN) announced on Sunday that normal operations have been restored at Terminal 2, assuring passengers that flights are operating as scheduled. Although FAAN’s initial statement described the incident as a fire outbreak, an official of the authority later told Nairametrics that investigations are still underway to determine the exact cause and nature of the incident. According to FAAN, the incident occurred at Terminal 2,…
The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) has approved another increase in oil production quotas, authorising an additional 188,000 barrels per day (bpd) for September as the alliance continues to unwind voluntary supply cuts introduced in 2023. The decision, announced on Sunday after a virtual meeting of key producers led by Saudi Arabia and Russia, marks the fourth consecutive monthly output increase of the same volume, following similar hikes in June, July and August. The September adjustment effectively completes, at least on paper, the reversal of one phase of the production cuts introduced in 2023 to…