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Finance ministry demands legal basis for N680m NAICOM

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NITDA urges regulatory collaboration to support emerging technologies

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Dangote Refinery alone not enough for Africa, says FG

Oil and Gas

Lagos warns of traffic around Pen Cinema ahead of

Transportation

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South Africa’s unemployment rate hits four-year high of 33.6%

Economy

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Tech

Waymo launches teen accounts for autonomous rides in US

Waymo announced Tuesday that teenagers between the ages of 14 and 17 can now create accounts and access its autonomous ride-hailing service in the Arizona, United States. Parents can invite their teens to join the program through their existing Waymo accounts, linking both profiles. Once set up, teens will be able to independently request rides […]

OpenAI mulls $500bn valuation in employee share sale talks
News

ChatGPT tests new ‘Study Together’ feature for students

OpenAI appears to be quietly testing a new ChatGPT feature called “Study Together”, which some users say is beginning to appear in the drop-down list of available tools on the platform. Though still unannounced, early reports suggest that the new mode shifts ChatGPT’s role from providing answers to encouraging active learning. Instead of simply responding […]

News

AI voice scam targets US diplomats in impersonation scheme

A person using an AI-generated voice to impersonate U.S. Secretary of State Marco Rubio contacted multiple high-ranking officials last month, according to Reuters. The individual reached out to three foreign ministers, a U.S. governor, and a member of Congress via the Signal messaging app, leaving voicemails for at least two of the targets in mid-June. […]

IBM launches power-efficient Power11 chips to simplify AI use
News

IBM launches power-efficient Power11 chips to simplify AI use

IBM on Tuesday launched a new generation of data center chips and servers designed to enhance energy efficiency and make artificial intelligence easier to implement across business operations. The new Power11 chips mark the first significant upgrade to IBM’s Power line since 2020. These processors are tailored for data-intensive sectors such as financial services, manufacturing, […]

Car Inc partners Baidu to launch autonomous car rental services
News

Car Inc partners Baidu to launch autonomous car rental services

One of China’s largest auto rental companies, Car Inc, has launched a new autonomous vehicle rental service in collaboration with Baidu’s intelligent driving arm, Apollo. The announcement, made on Tuesday, marks a significant step in the commercial rollout of self-driving technology in the country’s fast-evolving mobility sector. According to a statement from Car Inc, the […]

Aviation

Milan airport shuts down after man dies in jet incident

Milan Bergamo International Airport, a key hub in Italy’s Lombardy region, suspended all flights yesterday following a fatal incident involving an unauthorized individual on the runway. According to airport authorities, a 35-year-old man, neither a passenger nor an employee, was killed after entering the engine of a Volotea aircraft preparing for takeoff. Police reports indicate […]

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations
Telecommunications

NCC moves to regulate A2P messaging, protect consumers

The Nigerian Communications Commission has unveiled a comprehensive regulatory framework for Application-to-Person messaging services, aiming to curb revenue leakages, enhance security, and bring order to Nigeria’s rapidly expanding automated messaging sector. The new rules mandate that all businesses, telecom operators, and aggregators providing A2P services—such as bank alerts, promotional SMS, and automated notifications—obtain a five-year […]

Dangote Refinery loses N32.5bn after petrol price cut
Oil and Gas

Dangote refinery to run fully on local crude 2025 Q4 – Report 

Dangote Industries Ltd. aims to run its 650,000-barrel-per-day refinery entirely on Nigerian crude by the end of 2025, a shift that could significantly reduce reliance on imported oil. According to Bloomberg report, about half of the refinery’s crude supply in June, came from local producers. As their international obligations expire, these producers are expected to […]

Business

Ex-UK PM Sunak appointed senior adviser at Goldman Sachs

The former United Kingdom’s Prime Minister, Rishi Sunak, has taken up a senior adviser role at Goldman Sachs—his first major appointment since resigning as Conservative leader after Labour’s sweeping election victory last July. The move brings him back to the investment bank where he began his career in 2001. “I am excited to welcome Rishi […]

News

Reps approve ₦774.77bn 2025 budget for NIMASA

The House of Representatives Committee on Maritime Safety, Education, and Administration has given its approval to the ₦774.77 billion 2025 budget proposal of the Nigerian Maritime Administration and Safety Agency. Chaired by Rep. Khadija Abba-Ibrahim, the committee endorsed the proposal during a budget defence session held in Abuja, according to NAN. The approval came after […]

Business

Marks & Spencer blames ‘DragonForce’ for April cyberattack

British retailer Marks & Spencer believes the ransomware group behind the April cyberattack that disrupted its online shopping for nearly seven weeks is known as “DragonForce,” the company’s chairman said on Tuesday. Speaking before Parliament’s Business and Trade Committee, Chairman Archie Norman said the attack appeared to involve “loosely aligned parties” collaborating in the operation, […]

Samsung blames US AI chip sanctions for profit slump, shares dip
News

Samsung blames US AI chip sanctions for profit slump, shares dip

Samsung Electronics on Tuesday blamed U.S. sanctions on advanced AI chip exports to China for a sharp drop in second-quarter profit, a move that rattled investors and sent its shares slightly lower. The South Korean tech giant, the world’s largest memory chipmaker, projected a 56% plunge in operating profit for the April–June quarter, attributing the […]

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