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…
Port Harcourt refinery contractor refuses to reveal completion date
Maire Tecnimont SpA, the contractor responsible for rehabilitating the Port Harcourt Refinery, stated it cannot disclose details about the rehabilitation process, including the proposed completion date. This information was communicated…
NUPRC warns of potential gas supply crisis by 2030
The Nigerian Upstream Petroleum Regulatory Commission has raised concerns that Nigeria could experience a gas supply crisis by 2030. This warning was issued by NUPRC’s Chief Executive, Gbenga Komolafe, during…
Elon Musk’s xAI relocates to former OpenAI HQ in San Francisco
Elon Musk's artificial intelligence startup, xAI, has moved into the former headquarters of OpenAI. This transition highlights the area’s emerging status as a hub for top-tier AI companies. According to…
OpenAI unveils ‘Canvas’ interface for writing code
OpenAI has launched a new feature for ChatGPT called "canvas," aimed at improving user engagement with the AI model which creates a dedicated workspace alongside the standard chat window, allowing…
YouTube expands shorts features to compete with TikTok
YouTube has announced a series of significant updates to its short-form video platform, YouTube Shorts, aimed at enhancing user experience and better competing with TikTok. The new features include an…
Google introduces ads in AI overviews to enhance search experience
Google announced on Thursday that it will begin displaying ads within its AI Overviews, the AI-generated summaries for select search queries. These summaries will also include links to relevant web…
Nigerian oil priced $2 above active brent contract
Nigerian crude oil blends, including Brass River, Bonny Light, and Qua Iboe, are approaching $80 per barrel, currently trading slightly above $77, which is over $2 higher than the active…
New withholding tax regime effective January 1, 2025 – FIRS
The Federal Inland Revenue Service has informed taxpayers that the newly gazetted withholding tax regime will take effect from January 1, 2025. In a notice signed by FIRS Executive Chairman…
Nigeria to launch $1.5m initiative to boost AI development
Nigeria’s Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, announced plans for a new $1.5 million initiative aimed at advancing artificial intelligence in the country. The announcement was…
Chowdeck surpasses N30bn in deliveries for 2024 – CEO
Chowdeck, Nigeria’s rapidly growing food delivery platform, has announced it has surpassed N30 billion in total deliveries for 2024. This milestone underscores the platform’s swift expansion and increasing influence in…
