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Airtel Africa swings to $661m pre-tax profit in FY2025
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Airtel partners SpaceX for Starlink internet service in India

Telecommunications giant Airtel announced on Tuesday a partnership with SpaceX to introduce Starlink’s high-speed satellite internet services in India. This marks a significant step for Elon Musk’s company, which has been seeking entry into the world’s second-largest internet market for years. However, the agreement does not signify an immediate rollout. Airtel clarified that the launch […]

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Reps order CBN to halt new ATM charges policy

The House of Representatives directed the Central Bank of Nigeria to immediately suspend the implementation of increased ATM transaction charges and the removal of free ATM withdrawals for customers using other banks’ ATMs, as outlined in a recent circular by the apex bank. Thee House of Representatives, in a motion of urgent public importance, sponsored […]

AfDB, ECOWAS sign $12m agreement to boost Rice production
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AfDB, ECOWAS sign $12m agreement to boost Rice production

The African Development Bank and the Economic Community of West African States Commission have signed a $12 million grant agreement to implement the Rice Resilient Value Chains Development Project, a major initiative aimed at enhancing food security across West Africa. The signing ceremony, held at the ECOWAS Commission Headquarters in Abuja, Nigeria, marks a significant […]

US seizes servers, $1M in Bitcoin from Russian ransomware gang
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Crypto market faces sharp decline amid Mt. Gox bitcoin transfers

The cryptocurrency market witnessed a downturn on Tuesday, with its total market capitalization plummeting to $2.44 trillion—the lowest level since early November. Leading digital assets, including Bitcoin and Ethereum, experienced sharp declines, raising concerns about the stability of the current bullish cycle. Bitcoin fell below $77,000 for the first time since November 2024, while Ethereum […]

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Poland arrests Ukrainian woman jailed for selling 56 human kidneys

Polish border guards have detained a 35-year-old Ukrainian woman, identified under Polish privacy laws as Ksenia P., who was sentenced in Kazakhstan to 12 years in prison for her involvement in an organized criminal group trafficking human organs and selling 56 kidneys, prosecutors announced on Tuesday. Polish authorities arrested 35-year-old Ukrainian national Ksenia P. at […]

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REA targets ₦1trn as FG approves renewable asset firm establishment

The Rural Electrification Agency has received approval to establish a renewable asset management company in Nigeria. This initiative aims to sustain the agency’s electrification interventions and ensure the long-term viability of infrastructure. This was disclosed by the Managing Director of REA, Mr. Abba Aliyu, on Monday at the signing of a collaborative agreement between the […]

Apple to hike iPhone prices ahead of launch
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Apple prepares major software overhaul for iPhone, iPad, Mac

Apple is gearing up for a significant redesign of its software, with an update expected later this year that will change the look and feel of its operating systems across the iPhone, iPad, and Mac, Bloomberg News reported Monday, Reuters reported. The revamp, reportedly inspired by Apple’s Vision Pro mixed-reality headset, will introduce a fresh […]

Elon Musk blames 'Supervillain-Level' cyberattack for X outage
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Elon Musk blames ‘Supervillain-Level’ cyberattack for X outage

Social media platform X experienced intermittent outages on Monday, with owner Elon Musk attributing the disruption to a cyberattack so advanced that it required the resources of a Bond villain—or an entire country. “We get attacked every day, but this was done with a lot of resources,” Musk proclaimed in a post on X, seemingly […]

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PETROAN backs multiple petroleum sources, calls for fair competition

The Petroleum Products Retail Outlets Owners Association of Nigeria announced on Monday its support for sourcing petroleum products from multiple channels, including imports. In a statement issued in Abuja, PETROAN said it had consulted key stakeholders in the petroleum sector and decided to support healthy competition and price stability in the downstream industry. ““To this […]

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Nigeria eyes 7% GDP growth beyond 2025 projection – Minister

The Minister of Finance, Wale Edun, has stated that the projected 2025 Gross Domestic Product growth rate of 4.6 per cent falls short of the administration’s goals. He said the government is instead, targeting a 7 per cent annual growth rate to accelerate economic transformation and reduce poverty. Edun made this disclosure while speaking at […]

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NNPCL, Dangote refinery in talks to renew naira-for-crude deal

The Nigerian National Petroleum Company Limited and Dangote Petroleum Refinery are actively negotiating a new naira-for-crude agreement, as the current six-month contract is set to expire on March 31, 2025. This arrangement allows NNPCL to supply crude oil to Dangote Refinery in exchange for payment in naira, aiming to bolster domestic refining and reduce reliance […]

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FG engages foreign nations to boost work opportunities for youths

The Minister of Budget and Economic Planning, Atiku Bagudu, stated that the Federal Government is collaborating with other countries to create remote work opportunities for Nigerian youths. Bagudu made this disclosure at the KPMG budget 2025 day aired on Arise TV on Monday. Bagudu highlighted that this is the first full-year budget following the total […]