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US tightens green card screening with new public

  • 19th August 2026

Christ Embassy enters vehicle market, unveils electric cars

  • 19th August 2026

Nigeria’s IMTO inflows surge 45% to record $1.29bn

  • 19th August 2026

NSDC mobilises $1bn for sugar self-sufficiency

  • 18th August 2026

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FG reveals ₦15.8tn gains from subsidy, FX reforms

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OpenAI employees consider selling $6bn stock
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ChatGPT surpasses 400m weekly users

The flagship AI chatbot from OpenAI ChatGPT has experienced a resurgence in user growth in the latter half of 2024, according to a report released on Thursday by venture capital firm Andreessen Horowitz. The report highlights that while ChatGPT took nine months to grow from 100 million weekly active users in November 2023 to 200 […]

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Nigeria strengthens global financial ties with EU Bank membership

Nigeria has officially become the 77th member of the European Bank for Reconstruction and Development. The bank’s delegation, led by Heike Harmgart, presented the membership certificate to Finance Minister and Coordinating Minister of the Economy, Wale Edun, in Abuja on Thursday. According to a statement by the Director of Information and Public Relations at the […]

SpaceX’s starship spirals out of control in test flight
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SpaceX’s starship spirals out of control in test flight

SpaceX’s ambitious Starship program suffered another setback Thursday as the spacecraft spiraled out of control during a test flight, marking the second consecutive mission to encounter a major failure en route to orbit. The Federal Aviation Administration temporarily grounded flights into major Florida airports and rerouted others as a precaution against potential “space launch debris.” […]

Google co-founder Larry Page to launch AI startup
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Google co-founder Larry Page to launch AI startup

Google co-founder Larry Page is reportedly establishing a new company named Dynatomics, aimed at harnessing artificial intelligence for product manufacturing, according to The Information. Page is said to be collaborating with a small team of engineers to develop AI technology capable of generating “highly optimized” designs for various objects, which would then be produced in […]

News

FCTA partners Italy on vocational training, agriculture

The Federal Capital Territory Administration and the Lombardy Regional Government of Italy have agreed to collaborate on vocational education and agriculture to promote youth empowerment and agricultural development in Abuja. The partnership was announced in a statement on Thursday by the Senior Special Assistant to the FCT Minister on Public Communications and Social Media, Lere […]

News

FG launches licensing programme to close digital skills gap

The Federal Government of Nigeria has launched the Digital Bridge Institute Certificate Licensing Programme to address the nation’s digital skills gap. Unveiled on March 4, 2025, at DBI’s Lagos campus, the initiative aims to provide individuals with globally recognized ICT certifications, enhancing employability and bolstering Nigeria’s digital economy. The President and Chief Executive Officer of […]

Transcorp top gainers chart as NGX closes at 78,020.54 points
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NGX posts first March gain, adds N216bn in market value

The Nigerian Exchange recorded its first gain in March, with renewed investor interest boosting market capitalization by N216 billion to N66.9 trillion. At Thursday’s close, the All-Share Index rose by 344.24 points (0.32%) to 106,780.72. Despite a 0.83% weekly decline, it holds a 1.28% four-week gain and a 3.74% year-to-date increase, reflecting market stability. Thursday’s […]

Alibaba launches advanced AI coding model ‘Qwen3-Coder’
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Alibaba’s AI breakthrough boosts shares

Alibaba Group’s latest artificial intelligence (AI) development sent its Hong Kong-listed shares soaring over 8% on Thursday. The surge followed the company’s announcement of its new AI reasoning model, QwQ-32B, which it claims rivals the widely recognized DeepSeek R1. In a post on X, Alibaba’s AI division revealed that the QwQ-32B model, with 32 billion […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
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CBN opposes EFCC’s bid to seize ₦2.7bn collateral property

The Central Bank of Nigeria has requested the Federal High Court in Abuja to dismiss a forfeiture case initiated by the Economic and Financial Crimes Commission concerning a property valued at ₦2.7 billion. This property, located at Plot 781, Cadastral Zone 001, Karmo District, Abuja, was used as collateral for a loan granted through the […]

Chowdeck lays off 86 contract staff amid operational optimisation
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Chowdeck lays off 86 contract staff amid operational optimisation

Nigerian food delivery startup Chowdeck has laid off 86 contract staff following recent operational optimisations aimed at improving efficiency and reducing manual processes. According to CEO Femi Aluko, the company’s operations team expanded rapidly over the past year — growing sixfold from 20 employees in January 2024 to 120 by January 2025. However, Aluko explained […]

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