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UK regulator approves Boeing’s acquisition of Spirit AeroSystems

Britain’s competition watchdog has approved Boeing’s planned acquisition of Spirit AeroSystems, ruling out an in-depth probe into potential anti-competitive effects. The decision is expected to reassure investors following a string of crises that have weakened Boeing’s finances, hurt staff morale, and eroded public confidence. Boeing did not immediately respond to a request for comment, according […]

monwubukepdnlimited-com
8th August 2025
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featured

FG releases second installment of N35,000 wage arrears to workers

The Federal Government has released the second installment of the N35,000 wage arrears to federal workers, the Office of the Accountant General of the Federation confirmed on Friday. In a statement from Abuja signed by the Director of Press and Public Relations, Bawa Mokwa, the OAGF explained that this payment is part of continuous efforts […]

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8th August 2025
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News

Truecaller faces South African probe over privacy breaches

The widely used caller identification app, Truecaller, is under investigation in South Africa over allegations of false blacklisting of phone numbers and potential violations of the country’s data privacy law. The Information Regulator confirmed it has received multiple complaints about the app, which allows users to identify incoming calls and block spam. Some businesses allege […]

aomenyepdnlimited-com
8th August 2025
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Business

FG targets 2027 completion for ₦80bn Alau Dam upgrade

The Federal Government says the ongoing ₦80 billion upgrade of the Alau Dam in Borno State is expected to be completed by 2027, aimed at expanding irrigation and enabling future hydroelectric power generation. Minister of Water Resources and Sanitation, Prof. Joseph Utsev, announced this on Thursday during a working visit to the project site in […]

monwubukepdnlimited-com
8th August 2025
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How FG can boost Nigeria's digital growth - Analyst

Business

ALTON warns of nationwide telecom disruptions over diesel depot blockade

The Association of Licensed Telecommunications Operators of Nigeria has cautioned that telecom services across the country could face widespread disruptions following the blockade of diesel depots by petroleum products unions. In a statement on Thursday, ALTON chairman, Gbenga Adebayo, said the group had received credible reports that members of the Nigerian Union of Petroleum and […]

monwubukepdnlimited-com
8th August 2025
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Business

Shell commits 90% of contract value to Nigerian firms

Shell Nigeria Exploration and Production Company Limited says more than 90 per cent of the contract value in its operations will be delivered by Nigerian companies, in line with its commitment to building a sustainable energy future for the country. SNEPCo Managing Director, Ronald Adams, made this known at the opening of a panel session […]

monwubukepdnlimited-com
8th August 2025
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Failed banks liquidation delayed over ex-staff owed salaries, others - NDIC

Banking

NDIC pays ₦54.62bn to defunct Heritage Bank depositors

The Nigeria Deposit Insurance Corporation says it has paid ₦54.62 billion to 691,418 depositors of the defunct Heritage Bank and declared a liquidation dividend of 9.2 kobo per naira for uninsured depositors. NDIC’s new Managing Director/Chief Executive, Mr. Thompson Sunday, revealed this during a courtesy visit to the Central Bank of Nigeria headquarters in Abuja, […]

monwubukepdnlimited-com
8th August 2025
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Exchange rate for cargo clearance hits N1605.8/$1

Business

Nigerian firm lands $40m Afreximbank funding for St. Kitts deep-water port

Nigerian entrepreneur and Managing Director of Aquarian Consult, Mrs. Aisha Maina, has secured a $40 million investment, backed by the African Export-Import Bank, to develop a deep-water port in St. Kitts, aimed at establishing a direct trade corridor between Africa and the Caribbean. According to the statement, the agreement, also involving the Government of St. […]

monwubukepdnlimited-com
8th August 2025
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Electricity

₦88bn spent fixing damaged power infrastructure nationwide – TCN

The Transmission Company of Nigeria says the Federal Government has spent ₦88 billion repairing and restoring power transmissionl facilities vandalised nationwide between 2021 and now. TCN’s Principal Manager (Lines) for the Lagos Region, Seyi Onabajo, revealed this on Thursday during a one-day sensitisation programme at the Odogunyan 132kV Transmission Substation in Ikorodu, Lagos. The event, […]

monwubukepdnlimited-com
8th August 2025
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News

Duolingo defies AI backlash with soaring revenue, user growth

Language learning platform Duolingo posted stronger-than-expected quarterly results on Wednesday, shrugging off weeks of backlash over its aggressive pivot to generative AI. The company’s stock surged nearly 30% on the news. Despite criticism for replacing contract workers with AI systems, Duolingo reported record performance, projecting more than $1 billion in revenue for the year. Daily […]

aomenyepdnlimited-com
7th August 2025
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275 Views

News

X to display ads on Grok’s AI responses

X, formerly known as Twitter, is set to begin displaying ads within responses from its AI chatbot, Grok, according to owner Elon Musk. The announcement was made during a live discussion with advertisers on Wednesday, as reported by the Financial Times. The decision marks a significant shift in the company’s monetization strategy, aimed at reviving […]

aomenyepdnlimited-com
7th August 2025
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243 Views

News

OpenAI unveils GPT-5 amid rising industry investment

OpenAI has officially launched GPT-5, the latest iteration of its groundbreaking artificial intelligence model that powers the widely used ChatGPT chatbot. The release, announced Thursday, comes at a pivotal moment for the AI industry as global tech giants race to expand their AI capabilities. GPT-5 is now available to all 700 million ChatGPT users and […]

aomenyepdnlimited-com
7th August 2025
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211 Views

Finance ministry demands legal basis for N680m NAICOM

NGX listed firms earned ₦179.5bn finance income in

Nigeria’s monthly data consumption hits record 1.5mTB in

NITDA urges regulatory collaboration to support emerging technologies

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Some Populer Post

Finance ministry demands legal basis for N680m NAICOM charges

Twin brothers join NNPC, defy myth of one hire

NERC dissolves Kaduna DisCo board over ₦456.5bn debt

Lagos, FCT, Rivers owe 43% of states’ debt —

UK regulator approves Boeing’s acquisition of Spirit AeroSystems

FG releases second installment of N35,000 wage arrears to workers

Truecaller faces South African probe over privacy breaches

FG targets 2027 completion for ₦80bn Alau Dam upgrade

ALTON warns of nationwide telecom disruptions over diesel depot blockade

Shell commits 90% of contract value to Nigerian firms

NDIC pays ₦54.62bn to defunct Heritage Bank depositors

Nigerian firm lands $40m Afreximbank funding for St. Kitts deep-water port

₦88bn spent fixing damaged power infrastructure nationwide – TCN

Duolingo defies AI backlash with soaring revenue, user growth

X to display ads on Grok’s AI responses

OpenAI unveils GPT-5 amid rising industry investment

Finance ministry demands legal basis for N680m NAICOM.

Twin brothers join NNPC, defy myth of one.

NERC dissolves Kaduna DisCo board over ₦456.5bn debt

Lagos, FCT, Rivers owe 43% of states’ debt.

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