SpaceX’s Falcon 9 cleared for space return
SpaceX's Falcon 9 rocket has been authorized to resume space missions following a rare mid-flight failure, the Federal Aviation Administration announced. The FAA confirmed that the anomaly during the July…
JPMorgan Chase unveils AI tool for research analysis
JPMorgan Chase has introduced a new generative artificial intelligence tool, which it claims can perform the duties of a research analyst. According to a Financial Times report, the bank has…
Guinness Nigeria record N73.6b loss amid Tolaram takeover
Guinness Nigeria Plc recorded a pre-tax loss of N73.6 billion for the fiscal year ended June 30, 2024, due to the negative impact of currency devaluation on bottom lines. This…
Naira decline: CBN disburses $148m to 29 authorised dealers
The Nigerian Central Bank has distributed $148 million to 29 authorized dealers as part of its efforts to stabilise the foreign exchange market in the wake of the naira's recent…
Malala Fund invests $7.8m in educational programs in Nigeria
The Malala Fund has announced an investment of $7.8 million in partner organizations and their educational programmes across Nigeria. The Chief Executive Officer of the Malala Fund, disclosed this investment…
OpenAI announces new search engine, SearchGPT
OpenAI has introduced the prototype of its new search engine, SearchGPT. The browser aims to deliver users fast and timely answers, supplemented with clear and relevant sources. Eventually, OpenAI plans…
Dangote refinery received only $2.7bn loan from CBN – Aliko Dangote
The Chief Executive Officer of Dangote Refinery, Aliko Dangote, has disclosed that his company secured a total of $2.7 billion in loans from the Central Bank between 2013 to 2023…
NNPC website crashes over job applications traffic
The Nigerian National Petroleum Company Limited website has experienced technical difficulties due to an overwhelming number of job applications, causing slow load times and access issues for prospective applicants. This…
NIGCOMSAT doubles revenue in 2024 H1 — Minister
The Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has announced that Nigeria Communication Satellite Limited has achieved revenues twice that of its total for 2023 in just the…
Rivers customs generate N312bn in six months
Nigerian Customs Service, Area 2 Command, Onne, Rivers State, stated the command generated over N312 billion in the first half of the year, representing 50.5 per cent of the annual…
FG unveils plan to create 4.4 million jobs by 2027
The Federal Government has unveiled an ambitious plan to generate 4.4 million jobs by implementing Nigeria’s National Strategy for Competitiveness in Raw Material and Product Development. The announcement was made…
Moniepoint urges collaboration to promote financial inclusion
Fintech company MoniePoint Inc, has emphasized the significance of public-private partnership to promote financial inclusion in Nigeria. A statement from Moniepoint on Thursday said that this was disclosed at a…
