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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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Geregu Power confirms payment of N40bn bond coupon, principal

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Femi Otedola’s net worth nears $2bn

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UK job vacancies drop 23%, signaling economic slowdown
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UK house prices fall first time since March

British house prices unexpectedly fell by 0.2% in December after a 1.2% increase in November, according to Halifax figures on Tuesday. Despite this decline, house prices finished 2024 higher than December 2023, with a 3.3% annual increase—below the 4.2% rise anticipated by economists, according to Reuters. Halifax Head of Mortgages, Amanda Bryden, noted that mortgage […]

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Indonesia joins BRICS as 10th full member

Indonesia officially became the tenth full member of the BRICS group of developing economies on Monday, marking a significant expansion of the bloc. The announcement was made by Brazil, which holds the BRICS presidency for 2025. “The Brazilian government welcomes Indonesia’s entry into the BRICS,” it said in a statement. “With the largest population and […]

UN aviation agency investigates possible data breach
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UN aviation agency investigates possible data breach

The United Nations’ civil aviation agency, the International Civil Aviation Organization, is investigating reports of a potential data breach following claims that tens of thousands of its records were stolen. The agency, headquartered in Montreal, Canada, confirmed the investigation in a brief statement issued on Monday. ICAO stated that the suspected security incident may be […]

Two Chinese charged for shipping US AI chips to China
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Nvidia unveils new AI, gaming chips, desktop computer at CES 2025

The world’s most valuable company, Nvidia unveiled a range of new products at CES 2025 on Monday, showcasing its expansion into AI-driven robotics, advanced gaming chips, and its first desktop computer. CEO Jensen Huang highlighted the company’s plans to integrate its powerful data center AI technology into consumer PCs and laptops, signaling the next phase […]

Google to revises app rules after EU charges over market abuse
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Google launches team to build AI models simulating the physical world

Google is forming a new team dedicated to developing artificial intelligence models capable of simulating the physical world. The team will be led by Tim Brooks, a former co-lead on OpenAI’s video generation model, Sora, who joined Google DeepMind’s AI research lab in October. Brooks announced the initiative in a post on X on Monday, […]

Google unveils AI-powered news summary TV
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Google unveils AI-powered news summary TV

Google, at CES 2025, introduced the latest version of its TV operating system, featuring an innovative news summary tool powered by the company’s Gemini AI assistant. The new “News Brief” feature allows users to catch up on the day’s biggest stories by simply asking Gemini to play their news brief. The AI assistant will then […]

Tencent launches upgraded T1 AI model, boosts China’s AI race
Tech

Tencent shares drop 8% after US labels it Chinese military company

Tencent Holdings’ shares dropped nearly 8% in Hong Kong after being added to the U.S. Department of Defense’s list of “Chinese military companies.” This led to a similar 8% decline in the company’s U.S. depository receipts on Wall Street. Other Chinese companies added to the list included battery maker CATL, a key supplier for automakers […]

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FG hit 1.8mbpd oil production via foreign investments – Minister

The Minister of State for Petroleum Resources, Heineken Lokpobiri, revealed that the Federal Government attracted foreign investors to increase oil production to 1.8 million barrels per day. This marks a rise from one million barrels per day in 2023, including condensates. This was disclosed by Lokpobiri in a statement by on Monday. The oil minister […]

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FG borrowings may exceed N13tn target – Report

Borrowings by the federal government in 2025 could exceed the planned N13 trillion to address the budget deficit. According to Afrinvest Research’s 2025 Outlook Report, net issuances of at least N13.7 trillion may be required to close the gap between projected expenditure and revenue, with a potential Eurobond issuance also on the table. The 2025 […]

Guaranty Trust Bank Ltd. has announced that all its branches across Nigeria will close earlier than usual on Monday, June 30, 2025
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CBN, SEC okay GTCO’s N209bn equity capital raise

Guaranty Trust Holding Company Plc has raised N209.41 billion after securing approvals from the Central Bank of Nigeria and the Securities and Exchange Commission for the first tranche of its equity capital raise programme. In a statement released on Monday, GTCO announced that its equity capital raise attracted strong interest from domestic retail investors. This […]

Airtel Nigeria to Build West Africa’s largest data centre to rival MTN
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300% rise in costs drives inevitable tariff hike – Airtel

Airtel Nigeria’s CEO, Dinesh Balsingh, has emphasized the need for tariff adjustments due to a 300% increase in operational costs over the past 18 to 24 months. In a note shared on Monday, Balsingh cited challenging economic conditions affecting the telecom sector, underscoring the importance of such measures for long-term sustainability. He noted that telecom […]

Disney to merge streaming platforms Hulu Live TV with Fubo
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Disney to merge streaming platforms Hulu Live TV with Fubo

In a surprising move announced Monday, Disney revealed plans to merge its Hulu Live TV business with Fubo, the live TV streaming service renowned for its sports coverage. Under the terms of the agreement, Disney will acquire a 70% stake in Fubo, which will continue to operate as a separate service. This merger is poised […]

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