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Trump escalates trade war with 200% tariff on European alcohol
News

Trump lunches cryptocurrency before White House return

United States President-elect, Donald Trump has launched his own cryptocurrency, $Trump, which quickly surged in market capitalization to several billion dollars. The release of the meme coin comes just as he prepares to take office on Monday as the 47th president of the US. The venture was coordinated by CIC Digital LLC, an affiliate of […]

News

Nigeria loses $70m yearly to outdated fishing laws – Operators

Industry operators under the Fisheries Cooperative Federation of Nigeria Limited have expressed concern that Nigeria is losing approximately $70 million annually due to outdated fishing laws. These laws, they argue, hinder the sector’s growth and development by limiting access to modern fishing practices, equipment, and more efficient management of fishery resources. The National President of […]

TikTok launches feature for quality sleep amid lawsuits
News

Apple, Google remove TikTok from app stores following US ban

Apple and Google have removed TikTok from their respective app stores, complying with a U.S. law requiring ByteDance, the app’s Chinese parent company, to divest its U.S. operations or face a nationwide ban. The action comes after the Supreme Court upheld the Protecting Americans from Foreign Adversary Controlled Applications Act, a bipartisan law signed by […]

News

Electricity: FG pays 45% of GenCos’ invoices

The Minister of Power, Chief Adebayo Adelabu, has announced that the Federal Government has settled 45 per cent of the invoices submitted by electricity-generating companies in Nigeria. This payment is expected to ease the financial difficulties faced by the GenCos, helping to improve the overall performance and stability of the power sector in the country. […]

TikTok removes more Universal Music songs as conflict worsens
News

TikTok creators share farewell videos as US ban looms

As the potential for TikTok’s ban in the U.S. looms, many creators have been sharing emotional farewell messages with their followers. Some have posted videos reflecting on their time on the platform, expressing gratitude for the community they’ve built, while others have hinted at finding new spaces to continue their work. “I never even in […]

featured

Brazil welcomes Nigeria as BRICS partner country

The Brazilian government has officially announced Nigeria’s inclusion as a partner country in the BRICS bloc, highlighting shared interests in strengthening cooperation among Global South nations and advocating for the reform of international organizations. This move was confirmed in a statement from Brazil’s Foreign Ministry on Friday. “With the world’s sixth-largest population—and Africa’s largest—as well […]

The British government has entered a strategic partnership with OpenAI, the American firm behind ChatGPT, to enhance collaboration on artificial intelligence
News

OpenAI to launch new AI model ‘o3 Mini’ soon

OpenAI, the company behind ChatGPT, has finalized its new reasoning AI model, “o3 mini,” and plans to launch it within a couple of weeks, CEO Sam Altman announced on Friday. The release will include both the application programming interface (API) and ChatGPT updates, reflecting feedback from users, Altman wrote on social media platform X. The […]

AMCON’s new DG will improve debt recovery, says commentator
News

AMCON vows to recover N227 billion debt from Arik Air

The Asset Management Corporation of Nigeria has reiterated its commitment to recovering the N227 billion debt owed by Arik Air, while intensifying its efforts to liquidate the airline. This was disclosed in a statement by the agency’s Head of Corporate Communications, Mr. Jude Nwauzor, during an interactive session with aviation journalists in Lagos on Friday, […]

News

Transport Minister calls for increased infrastructure funding

The Minister of Transportation, Senator Said Alkali, has urged for increased funding to sustain and expand the country’s transportation infrastructure, as outlined in the 2025 budget proposal. This was disclosed in a statement signed by Chief Information Officer, Federal Ministry of Transportation, Gift Seddon, on Friday. Speaking before the Joint Committees at the National Assembly […]

Aviation

Lufthansa completes acquisition of 41% stake in ITA

Lufthansa has successfully completed its acquisition of a 41% stake in the Italian state-owned airline ITA, after addressing European antitrust concerns. The deal, valued at 325 million euros ($334 million), aims to strengthen Lufthansa’s position in the profitable southern European market, particularly following the collapse of Alitalia In November, the European Commission approved a set […]