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Crude oil prices rise as Iran rules out

  • 17th August 2026

India-Nigeria trade hits $9bn, rises by 26%

  • 17th August 2026

High lending rates still threaten manufacturing sector recovery

  • 17th August 2026

FG resets profit-sharing terms to attract new deep

  • 17th August 2026

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Student loan: How to apply for NELFUND

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NELFUND caps loan repayment at 10% of graduates’ monthly

Finance

Crude oil prices rise as Iran rules out talks

Business

Over 200 KASU lecturers resign over poor service conditions

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15 UK varsities face layoffs, course closures amid enrollment decline
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UK govt to fire 10,000 workers, cut costs by 15%

The United Kingdom Government is set to cut 10,000 civil service jobs in a bid to achieve a 15% reduction in operating costs, Chancellor of the Exchequer Rachel Reeves revealed ahead of Wednesday’s major public finance statement. Reeves stated that the Labour government will maintain its commitment to increasing real-term spending each year of this […]

News

Enugu gov confident of ambitious N600bn IGR target

Governor Peter Mbah of Enugu State has expressed confidence that his administration is on course to achieve its ambitious N600 billion Internally Generated Revenue target for 2025. He highlighted that reaching this milestone is crucial for financing key development projects aimed at transforming infrastructure, boosting economic growth, and improving the quality of life for residents […]

Tencent launches upgraded T1 AI model, boosts China’s AI race
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Tencent launches upgraded T1 AI model, boosts China’s AI race

Chinese tech giant Tencent unveiled the official version of its T1 reasoning model on Friday night, escalating competition in China’s rapidly growing artificial intelligence sector. The enhanced T1 model promises faster response times and improved performance on long-text processing tasks, Tencent announced via its official WeChat account. The company emphasized that T1 maintains “clear content […]

Meta plans fourth AI overhaul in six months
News

OpenAI, Meta in talks with Reliance for AI expansion in India

Tech giants OpenAI and Meta Platforms have separately held discussions with India’s Reliance Industries about potential partnerships to expand their artificial intelligence presence in the country, technology news website The Information reported on Saturday. One proposal under consideration involves a partnership between Reliance Jio and OpenAI to distribute ChatGPT, according to the report, which cited […]

News

Pesticides maker Bayer slammed $2bn settlement in cancer case

Bayer has been ordered by a jury in Georgia to pay approximately $2.1 billion to a plaintiff who alleged that the company’s Roundup weed killer caused his cancer, according to statements from the plaintiff’s legal team late Friday. The verdict, announced on Saturday by Bayer stated the company intends to appeal. This ranks among the […]

Aviation News

Crypto firm founder pleads guilty to market manipulation in US

The founder and CEO of cryptocurrency market-making firm Gotbit, Aleksei Andriunin pleaded guilty on Friday to U.S. charges of market manipulation and wire fraud. Prosecutors accused Andriunin of orchestrating a scheme to artificially inflate trading volumes for digital tokens on behalf of client companies. The Russian national and his company entered their guilty pleas in […]

Tech

Twitter’s iconic bird logo fetches nearly $35,000 at auction

The iconic Twitter bird logo, removed from the company’s former San Francisco headquarters after Elon Musk rebranded the platform as X, has sold at auction for nearly $35,000. RR Auction, known for dealing in rare and collectible items, announced that the 560-pound (254 kg) sign, measuring 12 feet by 9 feet (3.7 meters by 2.7 […]

X to launch long-form video on smart TVs soon
Tech

X to purchase $1.2bn buyout debt from banks

Elon Musk’s X plans to repurchase the final portion of debt from its acquisition of the social network — a liability that Wall Street banks have held for years, according to a source familiar with the matter. The planned buyback of approximately $1.2 billion in second-lien debt may be partially funded by the company’s recent […]

Business

Baobab Nigeria disburses N500bn in loans to support MSMEs

Baobab Nigeria, a microfinance bank, has disbursed close to N500 billion in loans to micro, small, and medium-sized enterprises, reaffirming its commitment to financial inclusion and business growth in Nigeria. The bank made this known in a statement on Friday, highlighting its ongoing efforts to empower small businesses through accessible and tailored financial solutions. The […]

News

Customs intercept $578,000 undeclared cash, hand over suspect to EFCC

The Nigeria Customs Service, Murtala Muhammed International Airport Command, has announced the interception of $578,000 in undeclared cash from an inbound passenger arriving from South Africa. The Customs Area Controller of the Murtala Muhammed International Airport Command, John Harrison, disclosed the interception while addressing journalists at the command on Friday. Harrison, revealed that the suspect, […]

White House leads TikTok acquisition deal
News

White House leads TikTok acquisition deal

The White House is spearheading negotiations on the future of TikTok, with discussions centering around a plan for major United States investors in parent company ByteDance to increase their stakes and acquire the app’s U.S. operations, sources familiar with the talks revealed. The proposed deal would create a separate U.S. entity for TikTok, reducing Chinese […]

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