ExxonMobil changes leadership as top official retires after 34 years
ExxonMobil has announced that the President of ExxonMobil Upstream Company and Vice President of ExxonMobil Corporation, Liam Mallon, will retire on February 1, 2025. Following this, the Board of Directors…
Nigeria’s oil production hits 1.7mbpd – FG
The Federal Government announced that Nigeria’s oil production, including condensates, rose by 9.9% to 1.69 million barrels per day in November 2024, up from 1.538 mbpd in October 2024. Data…
Meta faces major outage across Facebook, Instagram, WhatsApp
Meta's apps, including Facebook, Instagram, WhatsApp, Messenger, and Threads, faced widespread outages starting on Wednesday. Users were unable to access the services, as reported by Downdetector. Over 100,000 users reported…
FG targets 150MW boost to national grid by year-end – Minister
The Federal Government of Nigeria has announced plans to increase the country’s electricity supply by an additional 150 megawatts before the end of 2024. The Minister of Power, Adebayo Adelabu,…
Blackout looms as national grid collapses 12th time in 2024
Many parts of Nigeria have been plunged into darkness following the 12th national grid collapse this year. In a message to customers, the Jos Electricity Distribution Company confirmed the collapse,…
Blackout looms as NMDPRA halts gas supply to GenCos
Nigeria is facing a potential electricity blackout as the Nigerian Midstream and Downstream Petroleum Regulatory Authority has instructed gas producers to stop supplying gas to indebted generation companies. This could…
US offers $10m bounty for wanted Chinese hacker, accomplices
The United States government on Tuesday announced a $10 million reward for information leading to the arrest of Guan Tianfeng, a Chinese hacker, and his co-conspirators. Guan, 30, is accused…
Naira falls to N1,745 against dollar
The exchange rate between the naira and the dollar dropped to around N1,745/$1 on the parallel market, marking a sharp decline from the sub-N1,600 levels seen at the end of…
Apple to launch satellite communication on smartwatch by 2025
Apple is reportedly working on introducing satellite connectivity to its Apple Watch Ultra by 2025, allowing users to send messages without cellular or internet access. The report also noted that…
Honda halts funding for GM’s autonomous car project
Honda Motor Co. has decided to halt funding its joint project with General Motors Co. to develop autonomous vehicles. This decision follows GM's move to pull back from its Cruise…
IATA projects $1tn revenue, record passenger numbers by 2025
The International Air Transport Association has forecasted a milestone 2025 industry revenue exceeding $1 trillion, alongside record passenger numbers. However, IATA's chief, Willie Walsh, highlighted significant challenges due to delays…
Tinubu names Ogunjimi acting Accountant General of the Federation
President Bola Ahmed Tinubu has appointed Mr. Shamseldeen Babatunde Ogunjimi as the Acting Accountant General of the Federation. This was disclosed in a statement on Tuesday by the Special Adviser…
