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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
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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

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

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

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

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

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Opera introduces AI features, multimedia controls to browser
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Opera’s AI assistant now summarizes texts on Android

Opera’s Aria, an AI-powered product integrated into its web browser, now offers text summarization capabilities on Android devices. This feature condenses lengthy web pages such as news articles, blog posts, or research papers into concise summaries that can typically fit on a single screen. The announcement of this new feature on Monday highlights its usefulness […]

AMCON’s new DG will improve debt recovery, says commentator
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AMCON not necessary in future – Pioneer MD

The former Managing Director of Assets Management Corporation of Nigeria, Mustapha Chike-Obi, has said the corporation was no longer useful in the banking industry. This was disclosed recently by Chike-Obi in his speech at the BusinessDay Policy Intervention Series with a focus on the banking sector recapitalisation. Chike-Obi explained that AMCON was no longer necessary […]

Ikeja electric reduces electricity tariff for Band A
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Ikeja electric reduces electricity tariff for Band A

Ikeja Electric Distribution Company has made a significant announcement regarding its electricity tariff, particularly for customers categorized under Band A. Effective immediately, the tariff for Band A customers has been reduced from N225/kWh to N206.80/kWh. This decision was communicated through a circular issued by the company’s management on Monday. The circular outlined the revised tariff […]

[ICYMI] Lagos-Calabar highway: Telcos express concerns over threats to cables
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[ICYMI] Lagos-Calabar highway: Telcos express concerns over threats to cables

Following Multichoice’s recent announcement of a three-day technical downtime, concerns have been raised by telecommunication companies over potential connectivity disruptions as construction progresses on the 700km Lagos-Calabar Coastal Highway. While acknowledging the anticipated impact of the ongoing construction project on their uplink facilities, telecommunication firms emphasized the critical role of telecommunication services and the potential […]

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Saudi Aramco, ADNOC adopts AI as NNPC lags

The world is preparing for an oil and gas industry where completely unmanned assets are operated, inspected, and maintained by digitisation and artificial intelligence, a message Africa’s largest oil-producing country is still negotiating with. The oil and gas sector is rapidly adopting digital tools, e.g. machine learning and artificial intelligence, to increase its efficiency in […]

Global diary prices drop as food prices rise in April-FAO
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Global diary prices drop as food prices rise in April-FAO

The global benchmark for food commodity prices witnessed an upward trend in April, and this driven by increases in meat prices, vegetable oils, and cereals, according to the Food and Agriculture Organization of the United Nations. The FAO Food Price Index, which monitors monthly shifts in the international prices of key globally traded food items, […]

Ethereum records 267,000 new wallet creations, breaks record
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Ethereum records 267,000 new wallet creations, breaks record

Ethereum, the world’s second-largest cryptocurrency, has witnessed a remarkable surge in new wallet creations, with a staggering 267,000 new wallets added to the platform. This influx, the highest recorded in over two years, signifies a significant resurgence in interest in the Ethereum ecosystem among crypto users. According to reports from Merkle, this surge in new […]

Nigeria-UK trade relations worth £7bn, says British envoy
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Nigeria-UK trade relations worth £7bn, says British envoy

The trade relations between Nigeria and the United Kingdom have soared to £7bn, according to British High Commissioner to Nigeria, Richard Montgomery. In an interview with the News Agency of Nigeria in Abuja, Montgomery revealed that both nations have sealed a fresh agreement on enhanced trade and investment partnership. This agreement aims to bolster cooperation […]

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Lagos didn’t approve 80% of Lekki buildings – Commissioner

Lagos State Commissioner for Physical Planning and Urban Development, Dr Oluyinka Olumide, has said that about 80 per cent of buildings in the Ibeju Lekki area are without the state government’s approval. This was disclosed by Olumide in a recent interview with Pressmen, according to The Punch. He said, “Just last week Thursday and Friday, […]

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NNPCL chief Kyari bags NUJ good governance award

The Nigerian National Petroleum Corporation Limited’s Group Chief Executive Officer, Mr Mele Kyari, has won the 2024 Nigeria Union of Journalists Good Governance Award. This was disclosed in a statement via a post on the official X handle of NNPCL on Sunday. Kyari was presented with this award at a dinner and ceremony of the […]

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FCCPC to crack down on loan apps harassing customers

The Federal Competition and Consumer Protection Commission says it’s going to start blocking loan apps that are harassing their customers. Several Nigerians are complaining about the harassment that these loan sharks have caused them, according to The Punch. However, the commission’s acting chairman, Adamu Abdullahi, said the agency has begun to address the issue. ”It […]

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