Business

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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Warner Bros Discovery eyes possible company split

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Google is rolling out a new feature in its Gemini API that it says could significantly reduce the cost of using its advanced AI models.

Google introduces automatic caching to cut AI API costs

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Google rolls out AI-powered scam protection on Chrome

Google rolls out AI-powered scam protection on Chrome

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Meta to begin testing video ads on Threads

Meta to begin testing video ads on Threads

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Alibaba, RedNote partner to streamline app shopping on Taobao
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Alibaba, RedNote partner to streamline app shopping on Taobao

Chinese e-commerce giant Alibaba has entered a strategic partnership with RedNote, a popular lifestyle and content-sharing platform also known locally as Xiaohongshu, to enable seamless app-to-app shopping for users. The collaboration will allow RedNote users to directly click product links and shop on Alibaba’s flagship e-commerce platform, Taobao. The integration formalises a new in-app shopping […]

Disney, Warner Bros to launch joint streaming bundle
Business

Disney beats Q2 expectations with strong Disney+ subscriber growth

The Walt Disney Company reported robust fiscal second-quarter earnings on Wednesday, surpassing Wall Street forecasts on both revenue and earnings, driven by unexpected subscriber growth in its Disney+ streaming service. The entertainment giant also raised its full-year guidance, sending shares up approximately 6% in premarket trading. Disney posted adjusted earnings per share of $1.45, beating […]

Trump signs executive order establishing US Bitcoin reserve
Business

Investors flee to Europe, Japan amid trade war – Report 

Global markets are reeling from heightened volatility sparked by U.S. President Donald Trump’s aggressive trade policies, including new tariffs, paused duties, and unprecedented escalations on Chinese goods. The uncertainty has triggered significant capital shifts, with investors pulling funds from U.S. equities and redirecting them to European and Japanese markets, as well as riskier assets like […]

FG opens applications for Girls in ICT competition
Business

FG launches Virtual Privacy Academy to boost Nigeria’s data protection

The Federal Government has introduced the Nigeria Virtual Privacy Academy, a digital training platform designed to improve data protection and privacy practices in both the public and private sectors. The initiative was launched by the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, at the 8th annual conference of the Network of African […]

Air cargo demand rises by 18.4% January - IATA
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ECOWAS laments expensive airfares in West Africa

The Economic Community of West African States has raised alarm over the soaring cost of air travel within the region, describing it as the most expensive in the world and a major hindrance to regional integration. Speaking at the opening of a delocalised meeting of the ECOWAS Parliament’s Joint Committee in Lomé on Tuesday, ECOWAS […]

Oil and Gas

Renaissance confirms oil leak, suspends operation on Rivers pipeline

Renaissance Africa Energy Company Limited announced on Tuesday that it has suspended crude oil shipments through its Okordia–Rumuekpe pipeline in Rivers State following an oil spill. The incident occurred early Monday in the Ikata community, located in Ahoada East Local Government Area. The pipeline, which transports crude southward to the Rumuekpe manifold for export via […]

Hugo Boss reported better-than-expected first-quarter results on Tuesday, maintaining its full-year outlook despite growing macroeconomic uncertainty
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Hugo Boss beats forecasts despite tariff concerns

German fashion group Hugo Boss reported better-than-expected first-quarter results on Tuesday, maintaining its full-year outlook despite growing macroeconomic uncertainty and concerns over U.S. tariffs. The company posted revenue of €999 million ($1.13 billion) for the quarter, slightly down from €1.01 billion a year earlier but well above analysts’ expectations of €974 million, according to a […]

OpenAI abandons major restructuring to retain control
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OpenAI abandons major restructuring to retain control

OpenAI has scrapped a major plan to restructure its corporate governance, opting instead to maintain control under its nonprofit parent organization, a move that curtails CEO Sam Altman’s influence and responds to growing public and legal pressure. The decision, announced Monday, follows mounting criticism and a lawsuit from co-founder Elon Musk, who claims OpenAI is […]

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Former MDs of Warri, Kaduna, PH refineries threaten N50b lawsuit

Three former Managing Directors of Nigeria’s major refineries have threatened legal action against a leading national newspaper, demanding N50 billion in damages over an alleged defamatory report that linked them to a multi-billion-dollar fraud scandal. The former MDs – Mr. Ibrahim Onoja (Port Harcourt Refining Company), Mr. Efifia Chu (Warri Refining and Petrochemical Company), and […]

News

Finance ministry debunks N13bn corruption allegation in CNG contract

The Federal Ministry of Finance has publicly denied allegations of awarding N13 billion in contracts without following due process. In a statement signed by Director of Information and Public Relations, Mohammed Manga, the ministry emphasized its compliance with procurement regulations and clarified that all contracts, including those under the Presidential Initiative on Compressed Natural Gas, […]

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