Meta unveils paid subscriptions for Facebook, WhatsApp, Instagram
Meta has launched paid subscription plans for its flagship apps, marking a major push by the tech giant to diversify beyond its longtime reliance on advertising revenue. Meta head of product Naomi Gleit announced the move in a video posted to Instagram on Wednesday, May 27, 2026, saying she was rolling out Facebook Plus, Instagram Plus, and WhatsApp Plus globally,...
Crystal Palace beat Rayo Vallecano to win first European trophy
Jean-Philippe Mateta scored the only goal as Crystal Palace beat Rayo Vallecano 1-0 in the UEFA Conference League final in Leipzig on Wednesday to secure the club's first European trophy in their history. After a cagey opening half with few clear chances, Mateta turned in a rebound for the game's only goal on 51 minutes, sending departing coach Oliver Glasner...
Oil prices soar after US, Iran trade strikes
Oil prices jumped more than 2% on Thursday, May 28, 2026, after Iran's Revolutionary Guards said they targeted a United States airbase in response to a U.S. attack in the port city of Bandar Abbas. Brent crude futures rose $2.34, or 2.48%, to $96.63 a barrel by 0701 GMT, while the more active August contract gained $2.24 or 2.43%, to...
10-year-old Ozoakpata emerges one-day Wema Bank CEO
Wema Bank has named 10-year-old Chimamanda Ozoakpata as the winner of its 2026 One-Day Managing Director/Chief Executive Officer (MD/CEO) Children’s Day initiative. Wema Bank disclosed this in a statement issued on Wednesday, May 27, saying the initiative formed part of activities marking the 2026 Children’s Day celebration. Ozoakpata, Head Girl of Redeemers Foundation Nursery and Primary School in Lagos, emerged winner...
Eid-el-Kabir: Interfaith moment in Kaduna as clerics call for unity
The Eid praying ground at Murtala Mohammed Square in Kaduna State witnessed a notable interfaith moment on Wednesday as Christian clerics joined thousands of Muslim faithful to celebrate Eid-el-Kabir and advocate peaceful coexistence. The Christian delegation, led by the General Overseer of Christ Evangelical and Life Intervention Ministry, Yohanna Buru, attended the prayer session as part of efforts to strengthen...
US, Iran trade attacks near Hormuz amid ceasefire
The United States and Iran again exchanged attacks near the Strait of Hormuz in the early hours of Thursday amid a ceasefire and ongoing negotiations on ending the war. The United States military attacked an Iranian position from which drones were being controlled, a U.S. official said. U.S. forces also shot down four drones that posed a threat to the U.S.,...
Atiku accepts ADC presidential nomination, promises ‘rescue mission’ for Nigeria
Former Vice President Atiku Abubakar has formally accepted his nomination as the presidential candidate of the African Democratic Congress (ADC), pledging to lead what he described as a “rescue mission” for Nigeria ahead of the 2027 general elections. Speaking at the party’s presidential nomination event held at the Transcorp Hilton in Abuja on May 27, 2026, Atiku said his emergence...
Troops arrest vigilante over links to ISWAP in Yobe
Troops of Sector 2 Mobile Intervention Battalion, working alongside local hunters, have arrested a suspected Boko Haram/ISWAP informant in Damaturu. Security sources identified the suspect as Alhaji Ibrahim, 42, who was apprehended at about 3:05 p.m. on May 25 following intelligence reports linking him to alleged communication and collaboration with terrorist elements. The suspect is said to be a vigilante operative...
MTN pays N879bn in taxes as revenue, profit surge
MTN Nigeria remitted a total of N878.7bn in taxes, levies, and duties to federal and state governments in 2025, marking a 15 per cent increase from the previous year. The figure, disclosed in the company’s 2025 Sustainability Report, underscores the growing role of large private-sector firms in supporting Nigeria’s push to boost non-oil revenue and strengthen tax collection. MTN’s tax contributions...
CBN rate cut draws N105bn cash back into banking system
Cash held outside Nigeria’s banking system dropped by N104.76bn between February and April 2026, following a reduction in interest rates by the Central Bank of Nigeria (CBN). Data from the apex bank showed that currency outside banks declined from N5.19tn in February—when the Monetary Policy Rate was cut to 26.5 per cent—to N5.08tn in April, representing a 2.02 per cent...
