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Dangote, Sinoma sign $800m deal to double Itori Cement

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UK state investment agency faces security review after data

Business

Hackers hit Bitcoin safest hiding place, steal $86m

Crypto

BREAKING: FirstHoldCo crosses ₦6trn market capitalisation in historic first

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FG to review MTN’s $6.2b IHS acquisition over strategic concerns

The Federal Government has stated that MTN Group’s proposed $6.2 billion acquisition of IHS Holding Limited will undergo a thorough regulatory review, highlighting the strategic importance of telecom infrastructure to Nigeria’s economy and national security. Minister of Communications, Innovation and Digital Economy, Bosun Tijani, made this disclosure in a press statement on Tuesday. The all-cash […]

Business

Temu vows user protection amid probe into data practices

Temu, the international e-commerce platform, on Tuesday addressed an ongoing probe by Nigeria’s data protection authority, affirming its commitment to protecting users’ personal information and cooperating with regulators to resolve concerns over its data practices. The statement comes after the Nigeria Data Protection Commission announced an investigation into Temu for possible violations of the Nigeria […]

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FG boosts oil sector accountability with new calibration facility

The Federal Government has stepped up measures to boost accountability in the crude oil sector with the launch of Nigeria’s first Gravimetric Multifaceted Flow Metering Calibration Facility in Eket, Akwa Ibom State. Unveiled by the Nigerian Upstream Petroleum Regulatory Commission, the facility aims to improve the accuracy of crude oil measurements, reduce production losses, and […]

KPMG names ex-Statistician General of Nigeria chief economist
Business

Bank recapitalisation key to closing Africa’s $120b trade gap – Yemi Kale

The Group Chief Economist and Managing Director of Research and Trade Intelligence at African Export-Import Bank, Dr Yemi Kale, has said the ongoing bank recapitalisation exercise is a crucial catalyst for closing Africa’s estimated $80 billion to $120 billion annual trade finance gap. Kale spoke on Tuesday at the Ecobank Customer Forum. Kale, who previously […]

Jim Ovia
Banking

Zenith Bank disowns fake investment scheme video falsely featuring Jim Ovia

Zenith Bank Plc has dissociated itself from a “doctored video” and altered images circulating online that falsely show its Group Chairman, Jim Ovia, promoting a fraudulent investment scheme known as “Wealth Bridge.” The bank issued the disclaimer on Tuesday via its official handle on X (formerly Twitter). According to the statement, the video—purportedly shared from […]

Business

FG partners IEA on gas emissions cut, energy cooperation

The Federal Government has signed a Memorandum of Understanding with the International Energy Agency to enhance collaboration on methane emissions reduction, gas development, clean cooking access, and technical support. In a statement issued Tuesday, the spokesperson to Minister of State for Petroleum Resources (Gas), Louis Mbah,said the agreement was signed at the IEA headquarters in […]

MTN Nigeria to build infrastructure for network platform
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MTN to buy remaining 75.3% of IHS for $2.2bn

MTN Group announced it has reached an agreement to acquire the remaining 75.3 per cent of IHS Holding Limited in an all-cash transaction worth $2.2 billion. The company already holds a 24.7 per cent stake in IHS. In a statement on Tuesday, MTN said the deal will give it full ownership of IHS’ African tower […]

Investment

FG launches GROW fund to finance 6,000 young entrepreneurs

The Federal Government has unveiled the GROW Fund, an initiative designed to provide affordable financing to more than 6,000 young entrepreneurs who have completed training under the Inspire, Create, Start and Scale programme. The move seeks to bridge the persistent funding challenges faced by micro, small and medium enterprises across Nigeria. The GROW Fund is […]

OpenAI unveils GPT-5 amid rising industry investment
Tech

OpenAI strengthens ChatGPT security with lockdown mode, risk alerts

OpenAI has rolled out two new security features for ChatGPT users: Lockdown Mode and “Elevated Risk” Flags. Together, these tools provide users with clearer insights into potential risks and greater control over their interactions with the system. Lockdown Mode is an optional, advanced security feature designed for a limited group of users who face a […]

Tech

WordPress launches built-In AI assistant

WordPress.com, operated by Automattic, is introducing a built-in AI assistant, the company announced Tuesday. The company said the features work directly within websites, allowing it to understand content and layout so users can make updates using natural language commands. With this new tool, site owners can change layouts, styles, and other design elements simply by […]

Snap unveils new lens studio tools for AR creators
Tech

Snapchat introduces creator subscription in US

Snapchat announced today that it will begin testing creator subscriptions in an alpha rollout with select United States users starting February 23. The new feature will let fans subscribe to creators such as Jeremiah Brown, Harry Jowsey, and Skai Jackson, unlocking exclusive content and giving creators new ways to monetize their presence. Creators can choose […]

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