EU, FG ink €17.9m power deal
The Federal Government in a significant move to enhance energy access in Nigeria, has formalized an agreement with the European Union and the German Government, securing £17.9 million in funding…
FG, Google partner to unlock Nigeria’s AI potential
The Federal Ministry of Communications, Innovation, and Digital Economy, in partnership with Google, has announced the 10 startups selected for the N100 million AI Fund. The AI Fund, established by…
Why Google was fined outrageous amount – Russia
The Kremlin said Thursday that Russia's huge fines imposed on Google were largely symbolic and designed to spur the internet giant into lifting restrictions on Russian YouTube channels. The total…
Global stocks decline after weak Wall Street lead
European and Asian stocks were mostly down Thursday following a weak lead from Wall Street, as investors digested mixed company earnings and remained risk-adverse ahead of a coin-toss US election.…
Marketers warn against panic buying, say fuel available
Major petroleum marketers have reassured the public that there is ample petrol available for distribution, urging against panic buying. This was disclosed in a statement on Thursday, by the Chief…
IMF approves $606m loan for Kenya
The International Monetary Fund said it had cleared $606 million in lending to Kenya as it struggles to pay off debts and boost taxes after mass protests led to financial…
Gas shortage: Transcorp Power to generate additional 150MW electricity
Transcorp Group's Group Chief Executive Officer, Mrs. Owen Omogiafo, announced that Transcorp Power is working to generate an additional 150 megawatts of electricity despite ongoing gas supply issues affecting its…
FG warns business owners against manipulating prices
The Federal Competition and Consumer Protection Commission has raised concerns about a ‘cartel’ manipulating market prices across the country, leading to inflated costs for goods and services despite government stabilization…
FG woos investors to boost sugar production
The Federal Government of Nigeria, via the National Sugar Development Council, is actively encouraging both local and foreign investors to capitalize on the country's sugar sector. With a robust local…
TCN restores power to seven northern states
The Transmission Company of Nigeria has announced a partial restoration of electricity supply to seven Northern states affected by the vandalization of the Shiroro-Kaduna transmission line. The states include Lafia,…
Dropbox to axe 528 employees
Cloud storage platform, Dropbox has announced it will lay off 528 employees, or 20% of its global staff, marking the second substantial round of layoffs in less than two years.…
Apple unveils new MacBook Pro models
Apple has launched new MacBook Pro models featuring advanced processors tailored for demanding tasks such as photo and video editing, enhancing the brand's appeal among creative professionals. The new 14-inch…
