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Indian social media platform Koo shuts down

Indian social media platform Koo is discontinuing its services, according to a social media post by its top executives. “Our partnership talks fell through and we will be discontinuing our service to the public,” read a LinkedIn post from CEO Aprameya Radhakrishna and co-founder Mayank Bidawatka. The platform, launched in 2020, faced a dearth of […]

aomenyepdnlimited-com
3rd July 2024
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298 Views

China’s rare earth magnet exports hit six-month high in July

News

China dominates AI patents, outpaces US – UN data

China leads the world in generative AI inventions, filing six times more patents than its closest competitor, the United States, according to U.N. data released on Wednesday. Generative AI, which can create text, images, computer code, and music from existing information, is experiencing explosive growth. Over the past decade, more than 50,000 patent applications have […]

aomenyepdnlimited-com
3rd July 2024
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232 Views

News

Nigerian receives N7.5m in rewards after returning $14K mistakenly credited to him

A Nigerian youth, Anjola Femi, has become the subject of widespread admiration after returning $14,000 (over N21 million) that was mistakenly credited to his account by a foreign crypto trader attempting to send him a giveaway prize. Upon realizing the error, the crypto trader, identified as @raffayalvi, immediately contacted Anjola to inform him of the […]

aomenyepdnlimited-com
3rd July 2024
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227 Views

Foreign travellers to price tickets N770/$1 from N663/$1

News

Hajj operators involve FG, demand N296m ticket refund from Qatar Airways

The continuing dispute between 13 travel agents and Qatar Airways has taken a new turn after the agents wrote a letter to Minister of Aviation and Aerospace Development, Festus Keyamo pleading for his swift intervention.The continuing dispute between 13 travel agents and Qatar Airways has taken a new turn after the agents wrote a letter […]

monwubukepdnlimited-com
3rd July 2024
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243 Views

Declare war on crude oil supply, producers tell Tinubu

The Independent Petroleum Producers Group has urged President Bola Tinubu to declare a state of emergency for crude oil production in Nigeria due to the lingering crisis, as concerns grow about a lack of domestic crude oil for the Dangote Petroleum Refinery and other indigenous refiners. IPPG disclosed this at the ongoing Nigeria Oil and […]

monwubukepdnlimited-com
3rd July 2024
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192 Views

Electricity News

Nigerians don’t have ‘fundamental right to electricity’ – NERC

The Nigeria Energy Regulatory Commission has stated that energy usage is not a fundamental right that any Nigerian consumer may contest. The NERC’s legal team is opposing a suit that asked the Federal High Court Abuja to restrain it and the Abuja Electricity Distribution Company from implementing the multi-year tariff order 2024, which classified electricity […]

monwubukepdnlimited-com
2nd July 2024
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233 Views

News

CBN threatens sanction on banks, BDCs rejecting old, small dollar bill

The Central Bank of Nigeria has issued a harsh warning to Deposit Money Banks and registered forex dealers, threatening to impose a fine on any DMB or approved FX dealer found culpable. It emphasizes the necessary acceptance of old and lesser denomination US Dollar bills from consumers. This was disclosed in a circular signed by […]

monwubukepdnlimited-com
2nd July 2024
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238 Views

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

News

Tinubu appoints board members of Family Homes Funds

President Bola Tinubu has authorized the appointment of board members of Family Homes Funds This was disclosed in a statement signed by the Special Adviser to the President on Media & Publicity, in Abuja on Tuesday. According to the statement, this is aimed at stimulating the growth potential within the real estate sector. President Tinubu […]

monwubukepdnlimited-com
2nd July 2024
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313 Views

featured

NNPCL declares state of emergency on oil, gas infrastructure

Nigerian National Petroleum Corporation Limited has declared a state of emergency in the oil and gas industry to increase Nigeria’s crude oil production and reserves. The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, disclosed this in a keynote address at the opening ceremony of the 23rd edition of the Nigeria Oil & […]

monwubukepdnlimited-com
2nd July 2024
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207 Views

How FG can boost Nigeria's digital growth - Analyst

News Telecommunications

Nigeria’s telecom sector FDI hits 768% in Q1 – NBS

Foreign investments in the telecommunications sector for the first quarter of 2024, surged 768.79 per cent to $191.57 million, up from $22.05 million in the same quarter of 2023. This indicates a return of foreign capital to a sector that could only draw $134.75 million in 2023, 42.17 percent less than what was raised in […]

monwubukepdnlimited-com
2nd July 2024
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271 Views

News Oil and Gas

Stakeholders demand implementation of laws to protect local firms

Stakeholders in Nigeria’s oil and gas industry have urged the government to guarantee that local content requirements are effectively implemented in order to protect indigenous oil and gas enterprises. Speaking during a panel session at the 2024 NOG Energy Week in Abuja on Monday, the Chairman, Nestoil Limited, Ernest Azudialu – Obiejesi stated that, while […]

monwubukepdnlimited-com
2nd July 2024
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277 Views

Tech

Again, Tapswap delays token allocation

The popular tap-2-earn app, Tapswap, powered by TON Blockchain, has announced the postponement of its token allocation to users, moving the event to the third quarter of the year. This decision comes after the app, which allows users to mine coins by repeatedly tapping an icon on the Telegram Tapswap bot screen, gained significant traction […]

monwubukepdnlimited-com
2nd July 2024
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240 Views

EFCC charges two over alleged unlawful supply of

FG urges banks, fintechs to bridge $14.8bn gender

Former Asia’s richest man sentenced to life in

US govt debt surpasses $40tn for first time

Contact Info

Some Populer Post

Microsoft warns Africa risks becoming AI consumer

Tony Elumelu’s Heirs Holdings stake in Seplat crosses $1bn

EFCC charges two over alleged unlawful supply of FCMB

New airbus acquisition strengthens Ibom Air – Eno

China dominates AI patents, outpaces US – UN data

Nigerian receives N7.5m in rewards after returning $14K mistakenly credited to him

Hajj operators involve FG, demand N296m ticket refund from Qatar Airways

Declare war on crude oil supply, producers tell Tinubu

Nigerians don’t have ‘fundamental right to electricity’ – NERC

CBN threatens sanction on banks, BDCs rejecting old, small dollar bill

Tinubu appoints board members of Family Homes Funds

NNPCL declares state of emergency on oil, gas infrastructure

Nigeria’s telecom sector FDI hits 768% in Q1 – NBS

Stakeholders demand implementation of laws to protect local firms

Again, Tapswap delays token allocation

Microsoft warns Africa risks becoming AI consumer

Tony Elumelu’s Heirs Holdings stake in Seplat crosses.

EFCC charges two over alleged unlawful supply of.

New airbus acquisition strengthens Ibom Air – Eno

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