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BUA cement announces revised date for ₦2.05 dividend

  • 8th May 2025

Lagos partners BOI, Sterling Bank to boost MSMEs

  • 8th May 2025
Disney, Warner Bros to launch joint streaming bundle

Disney beats Q2 expectations with strong Disney+ subscriber

  • 7th May 2025
Trump signs executive order establishing US Bitcoin reserve

Investors flee to Europe, Japan amid trade war

  • 7th May 2025

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Amazon plans stand-alone app for payments in India

Amazon enters quantum race with launch of Ocelot chip

Tech
9mobile loses over 300,000 subscribers as roaming deal with MTN faces delays

9mobile loses over 300,000 subscribers as roaming deal with

News

Africa can lead AI-driven deep tech, says El Habti

Tech
UAE commits to $25bn Nigeria-Morocco gas pipeline project

UAE commits to $25bn Nigeria-Morocco gas pipeline project

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Blog

ChatGPT exposed minors to sexual content, OpenAI confirms
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ChatGPT exposed minors to sexual content, OpenAI confirms

A bug in OpenAI’s flagship chatbot, ChatGPT, allowed users registered as minors to receive sexually explicit content, in direct violation of the company’s own safety policies. The vulnerability was discovered during testing by TechCrunch and later confirmed by OpenAI. ChatGPT not only generated graphic erotica for accounts with listed ages between 13 and 17 but, […]

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Uganda welcomes Starlink expansion plans – Museveni

Ugandan President Yoweri Museveni announced on Tuesday that he held a “productive meeting” with representatives of Starlink, the satellite internet service owned by tech billionaire Elon Musk, as the company eyes entry into the East African nation. Starlink, a unit of Musk’s aerospace firm SpaceX, has been aggressively expanding its footprint across Africa, with services […]

Meta unveils Llama API to attract developers, compete in AI race
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Meta unveils Llama API to attract developers, compete in AI race

Meta launched a new application programming interface on Tuesday for its Llama artificial intelligence models. The company aims to make it easier for businesses and developers to integrate its technology and compete with offerings from AI heavyweights like OpenAI, Google, and China’s DeepSeek. The announcement was made at Meta’s inaugural AI developer conference, where Chief […]

featured

NCS’s planned 4% FOB levy will harm industry — MAN

The Manufacturers Association of Nigeria has raised alarm over the Nigeria Customs Service’s reported plan to reinstate a 4% Free-On-Board levy, labeling it a potential catalyst for de-industrialization. In a statement Tuesday, MAN’s Director-General, Segun Ajayi-Kadir, described the move as “unfortunate and retrogressive,” arguing it disregards the interests of manufacturers and other key stakeholders. MAN […]

Banking

Afreximbank launches $3b revolving credit facility for petroleum imports

The African Export-Import Bank has introduced a $3 billion revolving credit facility aimed at streamlining access to petrol, diesel, jet fuel, and other petroleum products for buyers in Nigeria, other African nations, and the Caribbean. The initiative, announced on Wednesday, targets sourcing from African refineries to reduce reliance on costly imports. Afreximbank projects the facility […]

NCC directs telecoms to audit billing systems
Telecommunications

Telcos order over $1bn in network gear from China — NCC

Nigerian telecom operators have placed orders exceeding $1 billion for network infrastructure from Chinese original equipment manufacturers, signaling a significant push to enhance service quality, the Nigerian Communications Commission announced Tuesday. The investment marks a revival of capital expenditure in Nigeria’s telecom sector, which serves over 160 million subscribers but has faced financial challenges in […]

Meta expands AI chatbot availability to 21 new markets
News

Meta launches AI assistant app to rival OpenAI, Google

Meta on Tuesday launched a standalone app for its Meta AI assistant, marking a significant step in CEO Mark Zuckerberg’s efforts to strengthen the company’s foothold in the increasingly competitive artificial intelligence space. The new app, separate from Meta’s core platforms—Facebook, Instagram, WhatsApp, and Messenger—is aimed at boosting usage of the virtual assistant by offering […]

Spotify shares slide to 7% despite subscriber rise
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Spotify shares slide to 7% despite subscriber rise

Spotify shares fell to seven per cent on Tuesday in a lower-than-expected second-quarter profits forecast, citing a sharp rise in salary-related taxes. This move overshadowed strong user numbers. The Swedish music-streaming giant reported that higher employee-related costs—largely tied to a spike in its stock price—led to 76 million euros ($86.47 million) in charges for the […]

France accuses Russia of repeated attacks since 2021
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France accuses Russia of repeated attacks since 2021

France has publicly accused Russia’s GRU military intelligence agency of orchestrating a series of cyber attacks on government ministries, defence contractors, think tanks, and other institutions since 2021, in what it described as a campaign to destabilise the country. In a statement issued Tuesday, France’s foreign ministry identified the culprit as GRU unit APT28, a […]

Banks offload final $1.2bn debt From Musk’s Twitter buyout
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Banks offload final $1.2bn debt from Musk’s Twitter buyout

A group of major banks, including Morgan Stanley, Bank of America, Barclays, and Mitsubishi UFJ, has sold the final portion of the debt tied to Elon Musk’s $44 billion acquisition of Twitter, now known as X, Reuters reported on Monday. The $1.2 billion in loans were sold at 98 cents on the dollar with a […]

Mastercard launches CBDC Partner Program to foster crypto discussions
Tech

Mastercard empowers AI agents to shop, process payments for you

Mastercard Inc. announced a groundbreaking collaboration with Microsoft Corp. and other top artificial intelligence firms to empower AI agents to shop and process payments online for consumers. The initiative, unveiled Tuesday, allows AI tools like Microsoft’s Copilot to autonomously search for products, present options, and complete purchases while suggesting optimal payment methods. For instance, a […]

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