OpenAI warns businesses against using low-cost Chinese AI models
OpenAI Chief Financial Officer Sarah Friar has warned that businesses using low-cost Chinese AI models could expose themselves to cybersecurity risks. She…
Business
Ghana repatriates 120 Nigerians rescued from cybercrime operations
Ghana has repatriated 120 Nigerians arrested during a cybercrime crackdown, with authorities alleging that they were trafficked to the country and forced…
CAF raises funding for 54 member associations by 33%
The Confederation of African Football has increased its annual financial support to its 54 member associations, raising the maximum allocation per federation…
Cyber-attacks threaten public trust in financial system, BoE, IMF warn
The heads of the Bank of England and the International Monetary Fund have warned that escalating cyber-attacks pose a growing threat to…
Union urges reps to reject proposed soft drinks tax amendment
The National Union of Food, Beverage and Tobacco Employees has called on the House of Representatives to reject a proposed amendment to…
Shell to exit Nigerian gas distribution business with Vaaris deal
Shell Plc has agreed to sell its entire stake in Shell Nigeria Gas Group, which operates a domestic gas distribution business in…
NCC begins device verification to curb counterfeit phones
The Nigerian Communications Commission has registered about 231 million telecommunications devices in Nigeria as it rolls out a verification system aimed at…
FG plans N5.75tn bond sales in fourth quarter
The Debt Management Office plans to raise N5.75tn through Federal Government of Nigeria bonds in the final quarter of 2026, extending its…
PenCom introduces automated system to track pension defaulters
The National Pension Commission has introduced an automated system for calculating penalties imposed on employers who delay remitting workers’ pension contributions, in…
US work permit rejection rate hits 44% as denials rise
The United States Citizenship and Immigration Services rejected 35,767 work permit applications from foreign nationals seeking Green Cards between April and June…
Berkshire Asset Management opens subscription for ₦2bn money market fund
Berkshire Asset Management Limited has opened subscriptions for its N2 billion Money Market Fund, allowing retail and institutional investors to participate with…
eTranzact reconstitutes board after trademarks global acquires 56.18% controlling stake
eTranzact International Plc has reshaped its board following the acquisition of a controlling 56.18% stake in the company by Trademarks Global Concepts…