Business

Geregu Power confirms payment of N40bn bond coupon,

  • 21st August 2026

Femi Otedola’s net worth nears $2bn

  • 21st August 2026

NNPC raises alarm over Nigeria’s growing energy skills

  • 21st August 2026

CBN calls for wider adoption of digital payment

  • 21st August 2026

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Canada to admit 230,000 foreign workers through 2026 programmes

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Geregu Power confirms payment of N40bn bond coupon, principal

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Femi Otedola’s net worth nears $2bn

Business

Dangote offers East Africa 30% stake in refinery

Oil and Gas

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LinkedIn faces lawsuit for allegedly training AI with private messages
News

LinkedIn launches AI tools to simplify job search, recruitment

The professional networking platform with over 1 billion users, LinkedIn, is introducing two new AI-powered tools designed to make the job application and recruitment process more efficient. The tools aim to address long-standing frustrations faced by job seekers and recruiters alike. The first tool, Jobs Match, provides immediate insights to job seekers on whether a […]

Microsoft to boost startup speed of office apps
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Microsoft introduces pay-as-you-go AI plan for corporate users

Microsoft is rolling out a new pay-as-you-go plan, Copilot Chat, for corporate customers. This offering bundles several AI-powered productivity features for Microsoft 365, providing a more flexible pricing model compared to its existing subscription-based plans. Copilot Chat, powered by OpenAI’s GPT-4o model, enables users to perform various tasks, including asking business-related questions, automating workflows, generating […]

OpenAI employees consider selling $6bn stock
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OpenAI tests phone number-only sign-ups

OpenAI has begun testing a new feature that allows new ChatGPT users to sign up using only a phone number, bypassing the need for an email address. The update, currently in beta in the U.S. and India, was first spotted by software engineer Tibor Blaho. While the feature offers a simplified registration process, it comes […]

Google to pay $30m to settle YouTube children’s privacy lawsuit
News

Google increases prices for workspace users

Google announced on Wednesday that the standard subscription price will increase by $2 per user per month; all AI features in Gmail, Docs, Sheets, and Meet are now included in the Workspace suite at no additional charge. The updated pricing streamlines access to AI tools such as email summarization, automated note-taking, and the Gemini chatbot. […]

News

Passenger sues airline after being accused of trafficking wife

A Black passenger is suing American Airlines, alleging racial profiling and false accusations of trafficking his wife during a 2022 flight from Phoenix to Miami. According to the lawsuit, filed in the Southern District of Florida, a fellow passenger mistakenly believed that Anthony Williams was trafficking his wife, Katsiaryna Shasholka, and reported this to American […]

News

Inflation hits 34.80% in ‘detty’ December – NBS

Nigeria’s headline inflation rate rose to 34.80% in December 2024, up from 34.60% in November, according to a report by the National Bureau of Statistics on Wednesday. This 0.20% increase is attributed to the higher demand for goods and services during the festive season. Compared to December 2023, Nigeria’s inflation rate increased by 5.87 percentage […]

Technology

Pixxel launches India’s first private satellite constellation

Pixxel, an Indian space tech startup, has successfully launched the first three hyperspectral satellites of its commercial constellation, Firefly, aboard a SpaceX rocket from California. This marks a significant milestone for India’s growing space ambitions. India, home to around 300 space startups, has gained global attention for recent achievements, including the successful landing of its […]

News

UK court dismisses lawsuit accusing Apple, Amazon of collusion

Apple and Amazon have successfully defended themselves against a mass lawsuit in the Unitef Kingdom, which alleged that the two companies colluded to remove third-party resellers of Apple products from Amazon’s platform. The case, brought by consumer law expert Christine Riefa on behalf of approximately 36 million British consumers who had purchased Apple or Beats […]

CBN cancels free ATM withdrawals for other banks' customers
News

CBN fines nine banks N1.35bn for cash shortage at ATMs

The Central Bank of Nigeria has imposed fines totaling N1.35 billion on nine deposit money banks for failing to ensure cash availability at automated teller machines during the festive season. The affected banks are Fidelity Bank, First Bank, Keystone Bank, Union Bank, Globus Bank, Providus Bank, Zenith Bank, United Bank for Africa, and Sterling Bank. […]

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US users flock to RedNote as TikTok faces potential ban

As Supreme Court justices deliberate on the future of TikTok in the United States, an increasing number of American social media users are turning to an unexpected alternative: Xiaohongshu, a widely popular app in China. Known as “Little Red Book” and often shortened to RedNote by US users, the app surged to the top spot […]

Tech

US pushes TSMC, Samsung to tighten China chip supplies

The United States is planning additional regulations to further restrict the flow of advanced chips from TSMC and other manufacturers to China, according to a Bloomberg report on Wednesday. These proposed measures aim to encourage companies like TSMC, Samsung Electronics, and Intel to more rigorously vet their customers for any connections to blacklisted Chinese entities. […]

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