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Microsoft warns Africa risks becoming AI consumer

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EFCC charges two over alleged unlawful supply of FCMB

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Over 70,000 Nigerians to benefit from GEF mini-grids – Agency

More than 70,000 Nigerians will benefit from the Africa Mini-Grids Program, backed by the Global Environment Facility as part of a broader effort to expand rural electrification. The United Nations Development Programme is collaborating with Nigeria’s Rural Electrification Agency to support this initiative. The Rural Electrification Agency made this disclosure in a post on Saturday […]

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NSIB reveals Allied Air plane crashed on CBN errand

The Nigeria Safety Investigation Bureau has released a preliminary report on the Allied Air cargo plane crash that occurred on December 11, 2024. According to the NSIB’s report on Saturday, the plane was en route to pick up cargo for the Central Bank of Nigeria at the time of the crash. “On 11 December 2024, […]

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NANTA calls on operators to address recurring aircraft incidents

President of the National Association of Nigeria Travel Agencies, Yinka Folami, has raised concerns about recent near-crash incidents in the country’s aviation industry. He called on stakeholders, especially the Nigerian Civil Aviation Authority and airline operators, to work together in addressing safety issues to protect the traveling public. In a recent statement, Folarin emphasized the […]

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Minister laments Nigeria’s low natural gas utilization despite reserves

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has expressed concern over Nigeria’s paradoxical situation as a gas-rich nation with strikingly low natural gas utilization. He urged operators like SEPNU to collaborate with the government to address and rectify this issue. Ekpo made this call during a meeting with SEPNU’s senior management, led […]

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Aviation major driver of Nigeria’s post-reform gowth – Minister

The Minister of Aviation and Aerospace Development, Festus Keyamo, has reiterated the critical role of the aviation sector in the country’s economic growth amid ongoing government reforms. Speaking at the Eurocham Nigeria 2025 Annual Stakeholders Conference in Lagos, Keyamo, represented by his Special Adviser on Service Delivery, Janet Oputa, stressed that aviation is not just […]

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Nigeria’s VAT revenue rises to N6.72tn, up 84.62%

The Federal Inland Revenue Service has reported a notable increase in Nigeria’s Value Added Tax collections, which surged to N6.72 trillion in 2024, marking an 84.62% year-on-year rise from the N3.64 trillion recorded in the previous year. This update was shared during the 2025 FIRS Management Retreat, where the agency assessed its revenue performance. The […]

Apple shares rise amid AI-driven sales growth forecast
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Apple shares rise amid AI-driven sales growth forecast

Apple shares rose by over 3% in premarket trading on Friday following a forecast of strong sales growth, signaling a potential recovery from declining iPhone sales as the company introduced artificial intelligence features. “With investors highly tuned into how AI spend will represent real revenue for big tech, Apple’s results have provided reassurance,” said Susannah […]

Trump considers sanctions against China’s DeepSeek
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Taiwan bans use of Chinese AI DeepSeek over security concerns

Taiwan’s Ministry of Digital Affairs has issued a directive prohibiting government departments from using artificial intelligence services provided by Chinese startup DeepSeek, citing national security risks. The democratically governed island has long been cautious of Chinese technology, given Beijing’s territorial claims over Taiwan and its history of military and political threats against the Taipei government. […]

EU rules out fee for tech giants under digital markets act
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EU partner Nigeria on digital expansion, e-governance development

The European Union has announced its collaboration with Nigeria to develop an electronic governance system and expand digital infrastructure. The head of the EU delegation to Nigeria and ECOWAS, Massimo De Luca, disclosed while addressing journalists on Thursday during Eurocham’s 25th annual stakeholders conference in Lagos. De Luca stated that the EU aims to enhance […]

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Tinubu’s economic policies failing, says Fintiri

Adamawa State Governor, Ahmadu Fintiri stated that Nigerians are suffering because Tinubu’s economic policies are not working. He stated that the policies of President Bola Tinubu’s government are causing severe hardship for Nigerians. This was disclosed by Fintiri at the meeting of the National Reconciliation Committee of the People’s Democratic Party, PDP, with governors from […]

Trump considers sanctions against China’s DeepSeek
Tech

US probes DeepSeek over usage of restricted AI chips

The United States Commerce Department is investigating whether DeepSeek, the Chinese company behind the AI model that made waves in the tech world, has been using U.S. chips prohibited from being shipped to China, according to a source familiar with the matter. Last week, China’s DeepSeek launched a free assistant it claims uses less data […]

Trump to unveil AI expansion plan amid US-China tech race
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Trump repeats tariff threat to block BRICS from replacing dollar

The United States President, Donald Trump reiterated his plan to impose 100% import tariffs on BRICS countries (Brazil, Russia, India, China, and South Africa) if they attempted to reduce the use of the dollar in global trade. In a post on the social media platform Truth Social on Friday, Trump declared that the United States […]

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