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CPPE warns reversing economic reforms could harm Nigeria’s

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Embrace skills, entrepreneurship, over white-collar jobs, Kwara urges

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CPPE warns reversing economic reforms could harm Nigeria’s economy

Business

OpenAI warns of persistent AI-powered cyberattacks

Tech

Tinubu extends tenure of NTA, NAN DGs

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Dangote Refinery extends free product delivery to four more

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N40,000 rice initiative targets public servants, others to follow
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FG demands NIN for purchase of N40,000 50kg rice

The Federal Government has initiated the sale of 30,000 metric tonnes of milled rice to Nigerians at a subsidized rate of N40,000 per 50-kilogram bag requiring potential buyers present their National Identification Number. The disclosure was made by the Minister of Agriculture and Food Security, Sen. Abubakar Kyari, during a launch event in Abuja on […]

News

Petrol prices are determined by free market forces – NNPC

The Nigerian National Petroleum Company Limited has said that the recent fluctuations in Premium Motor Spirit prices are determined by free market forces. The national oil company explained that these price variations are influenced by the free market forces, as outlined in the Petroleum Industry Act (PIA), 2021. According to NNPC Ltd., the unrestricted market […]

YouTube tests two-person premium subscription in select countries
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YouTube to launch tools protecting artists from AI-generated content

YouTube announced on Thursday that it is developing new technology to protect artists and creators from unauthorized use of their likenesses through AI-generated content. The company plans to roll out pilot programs early next year, including tools to detect and manage AI-generated depictions of a person’s face or singing voice. The upcoming face-detection technology will […]

News

Doctors seeks electricity subsidy as hospitals spend 40% on energy

The Association of Nigerian Private Medical Practitioners has formally requested the Federal Government to broaden its electricity tariff subsidy to include private hospitals, seeking a subsidy range of 75% to 100%. This appeal follows the government’s recent initiative to provide a 50% subsidy on electricity tariffs for public hospitals, aimed at reducing operational costs and […]

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

Brazilians divided over suspension of X

A recent poll reveals that Brazilians are sharply divided over the Supreme Court’s decision to suspend social media platform X in the country. The survey, conducted by AtlasIntel from September 3-4, shows that opinions on the matter are mixed. According to the poll, 50.9% of respondents opposed Justice Alexandre de Moraes’ decision to halt the […]

OpenAI employees consider selling $6bn stock
News

OpenAI mulls higher subscription fees for upcoming AI models

OpenAI executives are considering a higher subscription fees for their forthcoming large language models, including the reasoning-focused “Strawberry” and a new flagship model called “Orion,” according to a report by The Information on Thursday. Internal discussions at OpenAI have broached the possibility of subscription costs reaching up to $2,000 per month, as reported by a […]

Disney to merge streaming platforms Hulu Live TV with Fubo
News

Walt Disney data leak exposes sensitive info, financial details

Walt Disney has faced a major data breach this summer, with leaked information revealing financial details, strategic plans, and sensitive personal data of staff and customers, according to a Wall Street Journal report on Thursday. In August, Disney confirmed it was investigating the unauthorized release of over a terabyte of data from one of its […]

PayPal expands into U.S. POS market with new debit card
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PayPal expands into U.S. POS market with new debit card

PayPal is making a push into the United States point-of-sale payments sector, unveiling a new initiative that integrates its debit card with Apple’s mobile wallet and offers up to 5% cashback rewards. This move marks a strategic effort by the global online payments leader to directly challenge tech giants and traditional banks in the in-person […]

News

Current petrol prices still below market rate – NNPC

The Vice President of Downstream at the Nigerian National Petroleum Company, Adedapo Segun has asserted that the current pump price of petrol does not accurately reflect market conditions and could be higher. In an interview on Arise TV’s morning show, Segun detailed the challenges faced by the company concerning petrol supply. He pointed out that […]

News

Dangote refinery to get additional 17.8mb oil – NNPC

The Vice President of Downstream at Nigerian National Petroleum Company Limited, Adedapo Segun disclosed that the Dangote Refinery will receive an additional 17.8 million barrels of crude oil between September and November. This was disclosed by Segun, during an interview on Arise TV’s morning show on Thursday. This move is part of the Federal Government’s […]

NAFDAC shuts unregistered bakeries, water packaging companies in Plateau
News

Pharmaceutical sector target 70% local drug production

Nigeria’s pharmaceutical sector is set for significant growth, with plans to increase local drug production to 70%. This target was announced by the Director-General of the National Agency for Food and Drug Administration and Control, at the 7th Nigeria Pharma Manufacturers’ EXPO in Lagos, according to Nairametrics. Speaking at the event, organized by the Pharmaceutical […]

Uber seeks funding for Robotaxi expansion operations
News Tech

Uber considers fare hike as fuel price, scarcity, worsen

Ride-hailing companies in Nigeria are contemplating raising fares in response to the steep rise in fuel prices, which now stand at ₦897 per litre following months of fuel shortages. These platforms face the challenge of balancing driver earnings with passenger affordability. “We are currently conducting a comprehensive review of the recent increase in fuel prices […]

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