Blog

FG hails progress in Naira-for-Crude policy, vows continued support
News

FG hails progress in Naira-for-Crude policy, vows continued support

The Federal Government has commended the renewed momentum of its naira-for-crude oil initiative, describing the policy as a strategic pillar for stabilising the naira and enhancing Nigeria’s energy independence. During a high-level meeting held in Abuja on Thursday, the Technical Sub-Committee on Crude and Refined Product Sales in Naira provided updates on the policy’s implementation. […]

Internet usage drops in Nigeria after 50% tariff hike – NCC
News

Internet usage drops in Nigeria after 50% tariff hike – NCC

Nigeria’s internet user base declined by nearly one million in February following a 50 per cent hike in tariffs on voice, data, and SMS services, according to new data released by the Nigerian Communications Commission. The NCC’s industry report shows that internet subscriptions fell from 142.16 million in January to 141.25 million in February, marking […]

News

Senate passes remaining tax reform bills

The Senate on Thursday passed the remaining tax reform bills after completing the clause-by-clause review of the Nigeria Tax Administration Bill and the Nigeria Tax Bill. This followed the previous day’s passage of two key tax reform bills: the Nigeria Revenue Service (Establishment) Bill, 2025, and the Nigeria Tax Administration Bill, 2025. Additionally, the Red […]

Banking

Nigeria secures additional $215m W’Bank loan for palliatives

The World Bank has increased its disbursement to Nigeria under the $800 million National Social Safety Net Programme-Scale Up to $530 million, up from $315 million in 2023. This reflects an additional $215 million released in 2024 to support the country’s palliative initiatives targeted at cushioning economic hardship, especially for vulnerable households. Although the exact […]

EFFC Dangote raid crashes Nigeria dollar bond one week - Bloomberg
Business

Dangote, NNPC commit to collaborative efforts for national development

The President and Chief Executive Officer of Dangote Group, Aliko Dangote, on Thursday paid a courtesy visit to the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr. Bayo Ojulari, at the NNPC Towers in Abuja. The high-level meeting focused on strengthening collaboration between Dangote Petroleum Refinery & Petrochemicals and NNPC Ltd. […]

News

Warner Bros Discovery eyes possible company split

Warner Bros Discovery is reportedly exploring a potential breakup of its business, according to a CNBC report on Thursday. The move comes as traditional cable TV continues to decline and media giants shift focus toward streaming and film studio operations. Shares of WBD climbed nearly 4% following the report, reversing a drop of almost 6% […]

Australian court rules Apple, Google abused market power
News

Google introduces automatic caching to cut AI API costs

Google is rolling out a new feature in its Gemini API that it says could significantly reduce the cost of using its advanced AI models. The feature, called implicit caching, promises up to 75 per cent savings on repeated inputs for developers using the Gemini 2.5 Pro and 2.5 Flash models. The announcement, made on […]

Google rolls out AI-powered scam protection on Chrome
Uncategorized

Google rolls out AI-powered scam protection on Chrome

In a move to bolster user safety online, Google announced Thursday that it is rolling out new AI-powered features to help combat scams on its Chrome browser. The tech giant will deploy its on-device large language model, Gemini Nano, on desktop and Android to detect and warn users about deceptive websites and scam notifications in […]

Meta to begin testing video ads on Threads
News

Meta to begin testing video ads on Threads

Meta announced on Thursday that it will begin testing video advertisements on its Instagram Threads platform, in a move to expand the app’s monetisation efforts and bring it closer in format to rival platform X (formerly Twitter). The announcement came during Meta’s presentation at the IAB NewFronts, an annual event where tech companies pitch their […]

Bill Gates to donate 99% of fortune, to shut foundation by 2045
News

Bill Gates to donate 99% of fortune, to shut foundation by 2045

Billionaire philanthropist and Microsoft co-founder Bill Gates has announced his intention to give away 99 per cent of his $200 billion fortune and close the Bill and Melinda Gates Foundation by the end of 2045. Gates made this revelation in a post published Thursday on his personal blog, Gates Notes. In the heartfelt message, he […]

US SEC approves ETFs to track Bitcoin
Crypto

Bitcoin reclaims $100,000 milestone on renewed trade agreement optimism

Bitcoin soared to its highest level since February on Thursday, breaking above the $100,000 mark for the first time in months, fueled by optimism surrounding a potential U.S.-UK trade agreement. The leading cryptocurrency climbed nearly 5%, reaching $100,881.90, according to Coin Metrics. The rally began overnight after President Donald Trump hinted at a forthcoming trade […]

Amazon plans stand-alone app for payments in India
E-commerce

Amazon expands online pharmacy services to include prescription pet medications

Amazon announced Thursday that it is broadening its online pharmacy services to include prescription pet medications, marking a strategic move to capture a share of the growing pet care market. The expansion adds hundreds of commonly prescribed pet medications to its U.S. platform, covering treatments for fleas, ticks, and chronic conditions. The new service requires […]