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VC firm TLV raises $250m fund for Israeli startups
Venture capital firm, TLV Partners has unveiled a new $250 million fund,…
Ex-Google researchers launch AI company
Two well-known former Google researchers, David Ha and Llion Jones, unveiled Sakana…
PFAs invest N74.54bn in infrastructure, investors eye pension funds
Pension Fund Administrators invested N74.54bn in infrastructure from the N13.76tn under the…
Amazon faces FTC lawsuit over monopolistic conduct
The Federal Trade Commission on Tuesday, took action against online shopping giant…
JPMorgan’s Chase to halt crypto transactions in UK amid fraud concerns
JPMorgan's British retail bank Chase announced on Tuesday that the bank will…
Google to shutdown podcasts in 2024
Google revealed on Tuesday that, as part of a larger transition to…
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Oil and Gas
NNPC, partner firm to establish Bayelsa development trust fund
An independent exploration and production business, First E&P OML83 & 85 Joint Venture, has joined with the Nigerian National Petroleum Corporation…
Nigeria has best return on investments, Tinubu tells Indian investors
Kazeem Owoseni President Bola Ahmed Tinubu has commended the new…
NGX ASI rises as gain exceeds 68,000 basis points
The Nigerian Exchange Limited's All-Share Index reached an all-time high of 68,279.14…
Financial stakeholders demand improvement of African economy
Financial sector stakeholders have stated that cooperation amongst all sectors is necessary…
Growing gap between dollar, naira sparks concerns of forex round-tripping – Report
There are growing worries that the growing gap between the dollar and…
FG to fast track AfDB’s SAPZ project for agricultural growth
The Special Agro-Industrial Processing Zones initiative of the…
Kaduna ginger farmers lose N10bn to unknown disease – Association
The National Ginger Association of Nigeria bemoaned…
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Interest rate, high insurance premium killing Nigerian airlines – NCAA
The Director-General of Civil Aviation, Capt. Musa Nuhu, has emphasised the significant…
Local carriers to commence flights to UK, Europe – NCAA
Nigerian airlines would soon begin flights to the United Kingdom and other…
Foreign airlines’ trapped funds hit $783m – IATA
The International Air Transport Association has stated that as of August 2023, Nigeria…
How aviation college spent N5bn to maintain chopper – Rector
The Nigeria College of Aviation Technology, Zaria, has revealed that it spent…
Nigerians used 518,381 terabytes of data in 2022 – NCC
The Nigerian Communications Commission has stated that 518,381.89 terabytes of data were used by Nigerian telecom customers in 2022. This…
Providus Bank vows to encourage non-oil export
Providus Bank has pledged to assist its clients in developing a domestic economy that is dependent on exports in a…
FG owes road contractors over N11tn – Fashola
The Minister of Works and Housing, Babatunde Fashola (SAN) on Tuesday revealed that the federal government is owing contractors about…
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China launches first open-source computer operating system
China has launched OpenKylin, its first domestic open-source desktop operating system, as the country intensifies attempts to reduce its reliance…
Nigeria’s GDP growth rate records 3.10% decline – NBS
The Nigerian annual Gross Domestic Product recorded a 3.1 percent growth in 2022, this represents a 0.3 percentage point decline…
Nigeria’s inflation may worsen to 16.1% in 2022 – IMF
The International Monetary Fund has projected that Nigeria’s Consumer Price Index will hit 16.1 per cent in 2022. This projection…
NCC tasks Nasarawa PLWDs on NIN-SIM linkage
The Nigerian Communications Commission has appealed to Persons Living With Disabilities in Nasarawa State to approach their preferred telecommunication companies…
EU watchdog calls for early adoption of stablecoin guidelines
The banking watchdog for the European Union asked stablecoin issuers on Wednesday to voluntarily follow certain "guiding principles" on risk…
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