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US tightens green card screening with new public

  • 19th August 2026

Christ Embassy enters vehicle market, unveils electric cars

  • 19th August 2026

Nigeria’s IMTO inflows surge 45% to record $1.29bn

  • 19th August 2026

NSDC mobilises $1bn for sugar self-sufficiency

  • 18th August 2026

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AI startup Cursor launches Origin code-hosting platform to rival

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TikTok plans peer-to-peer payments via direct messages

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US tightens green card screening with new public charge

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Meta tests in-house AI chip to reduce reliance on Nvidia
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Meta explores AI-assisted earbuds with cameras

Meta, the parent company of Facebook, is currently exploring the development of innovative earphones integrated with artificial intelligence capabilities and cameras. This revelation surfaced in a report by The Information on Monday, shedding light on Meta’s ambitious venture into the realm of wearable technology. The projcet, dubbed “Camerabuds,” represents Meta’s concerted effort to capitalize on […]

Apple to launch Vision Pro outside US
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Apple to launch Vision Pro outside US

Apple is preparing to expand the availability of its Vision Pro mixed-reality headset beyond the borders of the United States. The tech giant has reportedly flown in hundreds of employees from its international stores to Cupertino, California, where they are undergoing training on how to showcase the $3,499 headset to potential customers, Bloomberg News reported. […]

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EU subject hotel platform Booking.com to strict regulations

The European Commission on Monday, announced that it has classified hotel reservation website Booking.com as a “gatekeeper,” subjecting it to strict European Union regulations. Additionally, an investigation has been launched to determine the regulatory status of social media network X. Online advertising services X Ads and TikTok Ads were not considered gatekeepers under the EU […]

OpenAI raises $6.6bn, valuation soars to $157bn
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OpenAI to unveil new updates today

OpenAI, the creator of ChatGPT, is set to unveil updates to its flagship chatbot, powered by its most advanced AI model, GPT-4. CEO Sam Altman described GPT-4 as “feeling like magic” during an announcement on X last Friday. The company announced on X that it will host a livestream conference on Monday to showcase some […]

NNPCL reports N2.69trn in tax expenses for 2023
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NNPCL commence oil exploration at Akwa Ibom mining site

Nigerian National Petroleum Company Exploration and Production Limited and Natural Oilfield Services Limited have announced the start of oil production at Oil Mining Lease 13 in Akwa Ibom State. This was disclosed in a statement signed by the Chief Corporate Communications Officer, Olufemi Soneye on Sunday. In the statement, The NNPCL flagship upstream subsidiary had […]

Naira strengthens slightly to N1,534.52/$ at official market
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FG raised N4.2bn from Nigerian bonds in April 2024

The latest issuance of Federal Government of Nigeria Savings Bonds has received a warm reception from investors, with total allotments for the April 2024 edition soaring to approximately N4.2 billion. According to the Debt Management Office, the turnout was robust, with hundreds of investors participating, signaling a high level of confidence in the stability and […]

Standard Bank projects $5.1bn capital inflows into Nigeria in Q2
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Standard Bank projects $5.1bn capital inflows into Nigeria in Q2

Standard Bank in its report projects that the second quarter of 2024 is expected to see a significant $5.1 billion in funding inflows into the Nigerian economy. According to the report, Standard Bank forecast foreign inflows worth $5.05 billion into the country from a Eurobond sale and the Nigerian National Petroleum Corporation crude payment facility […]

US Banks JP Morgan, Wells Fargo unveils first Bitcoin investment
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US Banks JP Morgan, Wells Fargo unveils first Bitcoin investment

Two major banks in the United States, JP Morgan, and Wells Fargo, have made headlines by announcing their investment in Spot Bitcoin Exchange Traded Funds, marking a significant shift towards cryptocurrency adoption within traditional financial institutions. This move comes at a time when the price of Bitcoin continues to fluctuate around $60,000. According to reports […]

Middle East to launch Schengen-like visa scheme, woos Taylor Swift
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Middle East to launch Schengen-like visa scheme, woos Taylor Swift

Middle East to launch Schengen-like visa scheme to woo Taylor Swift’s tour to the region, Saudi Arabia’s head of tourism, Fahd Hamidaddin said citing the tour’s history of stimulating economies. Speaking at the Arabian Travel Market, Hamidaddin emphasized the need for regional collaboration to attract major events like Swift’s tour. He proposed the concept of […]

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Aradel Holdings targets successful listing on NGX 2024

The Chairman of Aradel Holdings, Ladi Jadesimi, has stated that the company aims to achieve its growth target and successful listing this year on the main board of the Nigerian Exchange. This was revealed by Jadesimi in the integrated indigenous energy company’s newly released annual report and accounts for 2023, according to The Punch. As […]

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Why Tinubu govt must back policy changes with reforms – Rewane

The Chief Executive Officer of Financial Derivatives, Bismarck Rewane, has said that policy changes must be followed by institutional reforms to deliver tangible gains that will trickle down to the populace. According to Rewane, there are time lags between policies and impact, thus, it is important to wait for the outcome of President Bola Tinubu’s […]

Financial institutions lost $12bn to cyberattacks in 20 years–IMF
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IMF warns FG to stop fuel, electricity subsidies

The International Monetary Fund has warned Nigeria’s government to take away the implicit fuel and electricity subsidies. This was disclosed by the Fund in the recently published Article IV Staff Consultation Report of the Board of Governors of the global organization, in Washington. In the report, the IMF told Nigeria that the subsidies would drain […]

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