Tinubu to approve Seplat Energy’s $1.28bn acquisition deal of ExxonMobil
President Bola Tinubu has announced that the Seplat Energy Plc's proposal to acquire all shares of Mobil Producing Nigeria Unlimited for $1.28 billion will get approval in few days. President…
Nigeria@64: Tinubu unveils plan to create 2.5m jobs
President Bola Tinubu has unveiled plans to create 2.5 million jobs during his 64th Independence Day address. Tinubu announced the launch of the Renewed Hope Labour Employment and Empowerment Programme,…
Starlink raises subscription fees amid inflation crisis
Satellite internet provider Starlink has announced a sharp increase in its monthly subscription fees, affecting both existing and new customers. According to The PUNCH, the company disclosed the new pricing…
Nigeria clears Ways and Means debt exceeding N30tn – Tinubu
President Bola Tinubu announced that the federal government has cleared its Ways and Means debt, which amounts to over N30 trillion. President Tinubu made this disclosure during the 64th Independence…
AFAN raises alarm over imminent hunger crisis
Farmers under the All Farmers Association of Nigeria have raised alarms about a potential hunger crisis looming across the country. They are calling for urgent government intervention to address the…
Nigeria’s crude oil production losses hit 362.28m barrels – NEITI
A recent report by the Nigeria Extractive Industries Transparency Initiative highlights significant losses in Nigeria's oil production, totaling 362.28 million barrels from 2014 to 2023. These losses are attributed to…
US court dismisses lawsuit against eBay over environmental violations
A federal judge in Brooklyn on Monday dismissed a U.S. government lawsuit accusing eBay of violating the Clean Air Act and other environmental laws by permitting the sale of harmful…
Epic Games accuses Google, Samsung of anti-competitive practices
Epic Games, the creator of the popular video game "Fortnite," filed a lawsuit on Monday accusing Alphabet's Google and Samsung of conspiring to protect Google's Play Store from competition, violating…
Russia fines Google, Discord for failing to delete certain content
A Russian court on Monday fined tech giant Google and messaging platform Discord for not complying with Russia's demands to delete or restrict access to certain online content. The fines…
Japanese SoftBank to invest $500m in OpenAI’s latest funding round
Japanese telecom giant SoftBank’s Vision Fund is set to invest $500 million in OpenAI's latest funding round, according to a report by The Information on Monday. This investment marks SoftBank's…
Google to invest $1bn to boost cloud infrastructure in Thailand
Google announced on Monday that it will invest 36 billion Thai baht, or approximately $1 billion, to establish a new data center and expand cloud infrastructure in Thailand. This investment…
NITDA warns Nigerian WordPress users about critical LiteSpeed Cache vulnerability
The National Information Technology Development Agency has issued a critical security alert regarding a newly identified vulnerability, CVE-2024-28000, which impacts over 5 million websites worldwide. This vulnerability affects the LiteSpeed…
