US SEC reopens investigation into Musk’s Neuralink
The United States Securities and Exchange Commission has reopened its investigation into Elon Musk's brain-chip company Neuralink, according to a letter shared by Musk on the social media platform X…
CBN fines banks ₦150m for selling mint Naira notes
The Central Bank of Nigeria has imposed a hefty ₦150 million fine on deposit money banks and financial institutions found selling newly minted naira notes to currency hawkers. This development…
US lawmakers urge TikTok ban from Google, Apple app stores
United States lawmakers are increasing pressure on TikTok, urging Alphabet and Apple to prepare to remove the app from their stores by January 19. This follows a federal appeals court…
Reps order NUPRC to disclose oil production, crude sales details
The House of Representatives has directed the Nigeria Upstream Petroleum Regulatory Commission to disclose details of oil production, crude sales, and other upstream petroleum activities in the country. This directive…
Qatar Airways considers removing Boeing 737s from Its fleet plans
Qatar Airways is considering removing the Boeing 737-10 model from its order book, as it no longer meets its fleet needs. The airline, which had ordered 25 of the aircraft,…
Meta unveils AI model to improve Metaverse experience
Meta unveiled its new AI model, Meta Motivo, which aims to control the movements of human-like digital agents, potentially enhancing the Metaverse experience. This is part of Meta's broader push,…
Turkey fines Google $75m in ad tech probe
Turkey's antitrust regulator imposed a fine of 2.61 billion liras ($75 million) on Google, citing that the tech giant unfairly favoured its own supply-side platform in violation of competition laws.…
NITDA unveils whitepaper on online harms protection bill for Nigerians
NITDA, in collaboration with Advocacy for Policy and Innovation, has released a Whitepaper outlining a Framework for an Online Harms Protection Bill in Nigeria. This landmark document aims to tackle…
ECOWAS finalizes $75m renewable energy facility, targets $19b rice investment
The Economic Community of West African States has finalized a $75 million framework for its Renewable Energy and Energy Efficiency Facility, aiming to boost sustainable energy across the region. Additionally,…
UK economy shrinks in October, GDP falls 0.1%
The United Kingdom economy unexpectedly contracted in October, with Gross Domestic Product falling by 0.1%, according to the Office for National Statistics on Friday. The decline was attributed to a…
Pension fund assets reach N21.92tn in October
The National Pension Commission has reported that total pension fund assets under the Contributory Pension Scheme reached N21.92tn as of October 2024, driven by contributions from 10.53 million registered participants.…
Landing cost of imported petrol falls to N900/litre
The cost of landing Premium Motor Spirit, or petrol, in Nigeria has decreased by N36, dropping to N900.28 per litre on Thursday, according to the latest data from the Major…
