Blog

Trump Media to raise $2.5bn for bitcoin investment
News

Trump suggests TikTok could stay amid legal, political battles

United States President-elect Donald Trump has suggested he may favor keeping TikTok, citing its widespread appeal, as a ban on the app is set to take effect in less than a month. Trump highlighted TikTok’s influence to supporters in Phoenix, Arizona, saying, “We had a great response with billions of views, billions and billions of […]

Banks offload final $1.2bn debt From Musk’s Twitter buyout
News

X raises premium+ subscription prices by 37.5%

Social media platform X is increasing the price of its top-tier subscription service, Premium+, by 37.5%, bringing the monthly cost from ₦7,300 to ₦34,000. This marks the largest price hike since Musk acquired the company in 2022. The changes, effective December 21 for U.S. users, also apply to annual subscriptions, which rise from $168 to […]

Telegram partners Elon Musk’s xAI to distribute Grok
News

Musk’s xAI tests standalone app for Grok chatbot

Elon Musk’s AI company, xAI, has begun testing a standalone iOS app for its chatbot, Grok, which was previously exclusive to users of X (formerly Twitter). The app is currently available in beta in Australia and select countries, offering a range of generative AI capabilities. Grok allows users to access real-time data from the web […]

OpenAI unveils advanced AI agents to tackle complex ChatGPT tasks
News

OpenAI introduces o3 AI models with enhanced safety features

OpenAI has unveiled its latest AI reasoning model, o3, which the company claims is its most advanced to date. Building on the success of previous models, o3 incorporates innovations in compute scaling and a novel safety approach called “deliberative alignment.” This breakthrough aims to improve how AI systems reason while adhering to OpenAI’s safety policies. […]

News

Honda, Nissan plan merger to form world’s third-largest automaker

Japanese automakers Honda and Nissan have officially entered into merger discussions, aiming to create the world’s third-largest automotive group by sales. The companies have signed a memorandum of understanding, with plans to finalize the merger by 2026. Honda CEO, Toshihiro Mibe emphasized during a press conference on Monday that achieving greater scale is essential for […]

featured

Fuel price drops to N935/litre today – IPMAN

The Independent Petroleum Marketers Association of Nigeria has announced that petrol will be sold at N935 per litre starting from Monday, under a new arrangement with the Dangote Petroleum Refinery. IPMAN’s National President, Maigandi Garima, said that the reduction in Dangote Refinery’s ex-depot price for petrol, along with the uniform arrangement being implemented, would allow […]

FG deducts N256.5bn for gas projects in six months
News

FG allocates N180bn to agric versities, research institutes in 2025

The Federal Ministry of Agriculture and Food Security has allocated N180 billion for Federal Universities of Agriculture and research institutes in its proposed 2025 budget. Out of the ministry’s total budget of N636 billion, N54.38 billion is dedicated to Federal Universities of Agriculture, emphasizing the importance of education and research in agriculture. The allocations were […]

Nigerians spent N2.6tn on data, airtime in nine months - Report
News

Telcos seek solution to N250bn USSD debt

The Association of Telecommunications Companies of Nigeria has urged industry regulators to implement clear and effective solutions to resolve the long-standing N250bn debt owed by banks to telecom operators for Unstructured Supplementary Service Data services. The President, Tony Emoekpere emphasized the urgent need for clear solutions, warning that the N250bn USSD debt crisis jeopardizes the […]

NIMC restricts access to NIN database over data breach
News

NIMC reaffirms free enrollment for NIN

The National Identity Management Commission has reiterated that enrollment for the National Identification Number is free of charge. This follows complaints from some Nigerians about extortion at various NIN registration points across the country. However, in a statement on Sunday, the commission stated it neither charges nor authorizes any of its staff or Front-End Partners […]

No region has 50% access to healthcare equipment — Report
News

No region has 50% access to healthcare equipment — Report

The 2023 National Health Facility Survey, released by the National Bureau of Statistics, has revealed a troubling lack of access to functional basic medical equipment across all regions in Nigeria. According to the report, no region surpassed the 50% threshold for access to essential medical tools in healthcare facilities. The Southwest leads with 48.8% access […]

News

FG disburses ₦16.1bn to 22 manufacturing firms

The Federal Government has allocated ₦16.1 billion to 22 manufacturing companies as part of the ₦75 billion earmarked to boost the real sector. Additionally, ₦3.5 billion was distributed to 11,000 individuals within five days through the Consumer Credit Scheme, aimed at benefiting over 80 million Nigerians. Furthermore, 25 million people have reportedly received assistance under […]

Amazon cuts jobs in books division amid broader efficiency push
News

Amazon’s Haul rivals Temu, Shein on pricing

Amazon has introduced new feature called Haul, in its mobile-only section within its app that focuses on ultra-low-priced items. Amazon’s Haul is designed to rival popular platforms like Temu and Shein, offering ultra-low-cost products shipped directly from China. Since its launch in November, the feature has drawn millions of unique customer visits, showcasing Amazon’s push […]