UAE grants Nigeria full access to airports – Keyamo
Nigeria's Minister of Aviation, Festus Keyamo, has announced a new Bilateral Air Service Agreement with the United Arab Emirates, granting Nigerian airlines full access to all UAE airports In return,…
Mark Zuckerberg overtakes Jeff Bezos to become world’s second-richest man
Mark Zuckerberg has recently surpassed Jeff Bezos to become the second-richest person in the world, according to the Bloomberg Billionaires Index 2024. Zuckerberg's net worth is now approximately $206.2 billion,…
Italy eyes windfall tax mirroring Nigeria’s approach to banking sector
The Italian government, under Prime Minister Giorgia Meloni, is planning to implement new windfall taxes on companies with extraordinary profits to tackle the country’s increasing budget deficit, according to Finance…
African oil-producing nations secure 45% funding for $5bn Energy bank
African oil-producing nations are set to launch a $5 billion energy bank in Abuja next year, having already secured 45% of the necessary startup capital. The initiative aims to fill…
NCSI unveils survey platform to rate service quality
The Nigeria Customer Service Index has launched a survey platform for Nigerians to provide feedback on the quality of services and customer experiences from various service providers across the country.…
Crude-for-loans: NNPCL allocates 8m barrels monthly for $8.8bn debt
The Nigerian National Petroleum Company Limited has committed to delivering 272,500 barrels of crude oil per day through various crude-for-loan agreements worth $8.86 billion. This translates to approximately 8.17 million…
CILRM promotes AI use for enhanced risk mgt
The Chartered Institute of Loan and Risk Management of Nigeria has encouraged professionals from various sectors to harness artificial intelligence for risk management. During its recent Executive Masterclass and Induction…
Access ARM pension launches operations with N3trn in AUM
Access ARM Pensions Limited has officially commenced operations with N3 trillion in Assets Under Management. In a statement on Thursday, the newly formed entity—resulting from the merger of Access Pensions…
Oprah Winfrey, Sam Altman, others misses out on Forbes billionaires list
For the first time in history, the threshold for entry onto The Forbes 400 list of the richest Americans has reached a staggering $3.3 billion, marking a new record and…
FG to comply with OPEC production quota – Minister
The Minister of State for Petroleum Resources, Mr. Heineken Lokpobiri, has stated that Nigeria will adhere to the production quota established by the Organisation of Petroleum Exporting Countries. Recall that…
Dangote refinery yet to receive crude in naira from NNPC – Report
There are indications that the Nigerian National Petroleum Company Limited has not yet commenced the supply of crude oil in naira to the Dangote Petroleum Refinery, which was scheduled to…
Gemini Live AI expands support to 40 languages
Google's AI chatbot, Gemini Live, is set to enhance its capabilities by adding support for over 40 languages in the coming weeks. This generative AI virtual assistant allows users to…
