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OpenAI employees consider selling $6bn stock
Mobile phones

OpenAI launches personalised ChatGPT Pulse AI assistant

OpenAI has launched ChatGPT Pulse, a new personalized AI assistant that proactively delivers daily updates tailored to individual users. Currently available in preview for ChatGPT Pro users on mobile, Pulse shifts the chatbot from a question-and-answer tool into a proactive research companion that anticipates what users need. According to OpenAI, ChatGPT Pulse generates a daily […]

News

Taraba gov denies ghost workers in state treasury

Taraba State Governor, Agbu Kefas, has denied reports suggesting that ghost workers are draining the state’s treasury, insisting that the real challenge lies with improperly recruited civil servants. Speaking at a media briefing on Friday at the Executive Chambers of TY Danjuma House in Jalingo, the governor said the ongoing biometric verification exercise was designed […]

How FG spent N231bn on arms in four years - Report
News

Nigeria spent N26.95bn on foreign arms in H1 2025

Nigeria’s import bill for arms and ammunition surged in the first half of 2025, with the country spending N26.95 billion on foreign weapons compared to N11.76 billion in the same period of 2024. This represents a 129% increase year-on-year, according to the National Bureau of Statistics foreign trade report. The rise reverses the slump seen […]

US SEC approves ETFs to track Bitcoin
Crypto featured

Bitcoin plunges below $110,000 amid heavy selloffs

Bitcoin fell to a four-week low, dipping just below $110,000, as the cryptocurrency market shed $200 billion in market value. Investors pulled $253 million from U.S. spot Bitcoin ETFs on Thursday, raising total weekly outflows to nearly $480 million. The heavy withdrawals coincided with Bitcoin slipping below key support levels on Friday, intensifying bearish sentiment. […]

Aviation

FAAN launches cashless payment system at Nigerian airports

The Federal Airports Authority of Nigeria has launched Operation Go Cashless, a new initiative that will eliminate the use of cash at its revenue points across airports nationwide. According to a press release issued on Thursday, the move, which FAAN is implementing in partnership with payment platform Paystack, will take effect from September 29, 2025, […]

Dangote refinery to begin fuel distribution with 4,000 CNG trucks
Oil and Gas

Marketers fault Dangote’s 500,000-litre fuel delivery threshold

The Dangote Petroleum Refinery has introduced a minimum purchase requirement of 500,000 litres of petrol for oil marketers wishing to benefit from its free delivery scheme, sparking debates across Nigeria’s downstream petroleum sector. The PUNCH reported that a senior refinery official said, “Yes, the Minimum Order Quantity for the free delivery is 500,000 litres.” At […]

Banking

TAJBank surpasses CBN’s capital requirement threshold

TAJBank, one of Nigeria’s fastest-growing non-interest banks, has met the Central Bank of Nigeria’s new minimum capital requirement for national non-interest banks. The bank’s Managing Director/CEO, Hamid Joda, confirmed this achievement during an interactive chat with journalists on the sidelines of an investment summit in Abuja. With this compliance, TAJBank has joined the rank of […]

featured Oil and Gas

Nigeria’s oil sector sees billions in new investments — Minister

Nigeria has broken a 10-year drought in oil sector investments, thanks to reforms introduced under President Bola Tinubu’s administration. Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, made this announcement in a statement issued by his Special Adviser on Media and Communication, Nneamaka Okafor. Lokpobiri highlighted that recent policy changes have repositioned Nigeria […]

Amazon cuts 100 Jobs in devices, services unit
Business

Amazon pays $2.5bn for ‘misleading’ Prime customers

Amazon has agreed to pay $2.5 billion to settle claims that it misled millions of customers into enrolling in its Prime service and made it difficult for them to cancel. The Federal Trade Commission announced that $1.5 billion of the total will be refunded to customers who were unwittingly signed up for the subscription. According […]

Nigeria@64: Tinubu unveils plan to create 2.5m jobs
Conferences featured

Tinubu to lead sustainable energy talks in Abuja

President Bola Ahmed Tinubu will lead high-level discussions on sustainable energy security at the second edition of the Sustainable Energy Forum in Abuja from September 28 to 30, 2025. The three-day event is regarded as Africa’s premier sustainability gathering for the energy sector and will bring together global and regional stakeholders to shape strategies for […]

News

FG fully funds technical colleges, guarantees equal access

The Federal Government has committed to making technical education accessible to all Nigerian children by fully funding every Federal Technical College nationwide. According to Boriowo Folasade, Director of Press and Public Relations at the Ministry of Education, “Tuition is completely free, and the government also covers approved charges including boarding, uniforms, textbooks, exercise books, prospectus, […]

Price of of cooking gas rose by 13.75% in May 2024
featured Oil and Gas

Cooking gas prices dropped by 22% in August — NBS

The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) decreased by 22.32 per cent on a month-on-month basis from N8,243.79 recorded in July 2025 to N6,404.02 in August 2025. On a year-on-year basis, this represents a 0.40 per cent decrease from N6,430.02 in August 2024. Additionally, the average retail […]